ECONOMIC EVENTS February money supply February producer inflation South African Reserve Bank interest rate announcement
SOUTH AFRICAN MARKETS South Africa's rand and stocks rose on Wednesday, as regulations to mitigate the U.S. banking crisis boosted global confidence. GLOBAL MARKETS Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign that Beijing's regulatory storm focused on tech companies might finally be clearing. WALL STREET U.S. stocks rallied on Wednesday, with all three major indexes ending up at least 1% as upbeat outlooks from Micron Technology and other companies eased some worries about the health of the economy. GOLD Gold prices edged lower on Thursday as easing concerns about the global banking system fed risk appetite and curbed some safe-haven bullion bids. EMERGING MARKETS For the top emerging markets news, double click on - - - -
Some of the main stories out in the South African press:
BUSINESS DAY - Steinhoff share price plummets as shareholders set to lose all
FIN 24 - Koos Bekker sells R3bn in Prosus shares to fund hotels - Luno mulls public listing as long-time CEO steps down (Compiled by Anait Miridzhanian)
