S.Africa's central bank flags inflation as major risk to domestic financial system

South Africa's central bank said on Wednesday the risk of a spillover of the Russia-Ukraine war could hurt the country's financial stability through rising food and fuel inflation, lower economic growth and high unemployment.

newspaper

25-05-2022

India's palm oil imports could hit 11-yr low as soyoil rises

India's palm oil imports could drop by nearly a fifth as now cheaper soyoil takes more market share, following Indonesia's curbs on palm oil exports and New Delhi allowing duty-free imports of soyoil, dealers said.

newspaper

25-05-2022

'Pay more attention' Ethereum co-founder says of crypto crash

Ethereum's co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped more than $800 billion off their value.

newspaper

25-05-2022

Marketmind: Whack-a-mole on markets

While investors obsess over what the world's biggest central bank might do next, the uneasy calm prevailing in global markets is under threat.

newspaper

25-05-2022

'Significant issues remain' in reaching deal over U.S.-listed Chinese company audits -SEC official

WASHINGTON (Reuters) -"Significant issues remain" in reaching a deal with China over a long-running dispute around auditing compliance of China-based companies listed on U.S. stock exchanges, a U.S. Securities and Exchange Commission (SEC) official said on Tuesday.

newspaper

24-05-2022

Oil steadies after choppy trade, U.S. says export ban not ruled out

NEW YORK (Reuters) -Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.

newspaper

24-05-2022

Dollar at one-month low as Lagarde comments lift euro

The U.S. dollar index hit nearly a one-month low on Tuesday after European Central Bank President Christine Lagarde said euro zone interest rates will likely be in positive territory by the end of the third quarter, giving the euro a boost.

newspaper

24-05-2022

U.S. SEC official says issues with U.S.-listed Chinese firms remain 'significant'

An official at the U.S. Securities and Exchange Commission said on Tuesday that "significant issues remain" in reaching a deal with China over a long-running dispute around auditing compliance of Wall Street-listed firms based in Beijing.

newspaper

24-05-2022

Oil near flat after choppy trade; U.S. says export ban not ruled out

NEW YORK (Reuters) -Oil prices were near flat on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.

newspaper

24-05-2022