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/ 14 October 2008
Brewer SABMiller reported a 1% rise in second-quarter worldwide underlying beer volumes on Tuesday.
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/ 14 October 2008
In a career littered with comebacks, Republican John McCain is now vowing one more effort to overhaul Barack Obama’s commanding poll lead.
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/ 14 October 2008
Asian stocks surged on Tuesday after world governments threw lifelines to ailing banks in a bid to end the financial crisis.
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/ 13 October 2008
SA stocks jumped more than 4% on Monday, tracking global equities higher after central banks around the world took steps to revive credit markets.
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/ 13 October 2008
Governments around the globe launched a multi-pronged attack on the finance crisis on Monday, with markets enjoying record one-day rises.
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/ 13 October 2008
Mitsubishi UFJ Financial Group has bought a 21% stake in Wall Street bank Morgan Stanley for $9-billion, the companies said on Monday.
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/ 13 October 2008
Britain bailed out three major banks with £37-billion on Monday as governments around Europe boosted confidence in the battered industry.
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/ 13 October 2008
Fifteen European leaders closed in Sunday on a joint strategy to end the haemorrhaging of market confidence.
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/ 13 October 2008
Most Asian stock markets recovered on Monday after last week’s historic sell-off as governments intensified efforts to stabilise the world’s finances.
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/ 13 October 2008
Markets internationally have been poisoned. But who is responsible?
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/ 12 October 2008
Major British banks are likely to announce their plans to recapitalise early on Monday.
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/ 12 October 2008
A lethal new threat is emerging at the dark heart of the financial system, writes Will Hutton.
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/ 12 October 2008
Despite signs of chaos, Russia insists it is not on the brink of a national crisis, writes Tony Levene.
Bold, comprehensive and at times surprising, the UK’s bail-out plan for partial nationalisation is just what the system needed, writes Will Hutton.
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/ 12 October 2008
The world’s largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
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/ 11 October 2008
The US government plans to invest directly in US banks for the first time since the Great Depression, says Treasury Secretary Henry Paulson.
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/ 11 October 2008
China looks likely to emerge stronger in the weakened financial system after weathering its own crises of unrest in Tibet and the Sichuan earthquake.
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/ 10 October 2008
United States stocks tumbled on Friday, sending the benchmark S&P 500 below 900 for the first time in five years.
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/ 10 October 2008
South Africa’s markets could bottom out another 1 500 points down, Sasfin market commentator David Shapiro predicted on Friday.
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/ 10 October 2008
Global finance chiefs gathered in Washington for crisis talks on Friday as panic spread in global financial markets.
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/ 10 October 2008
For years, as the global economy enjoyed the longest boom since the late 1960s and early 1970s, the mood at the annual meeting of the IMF was smug.
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/ 10 October 2008
Oil fell more than a barrel to a one-year low on Friday, depressed by expectations that global demand growth will shrink.
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/ 10 October 2008
SA is "reasonably well insulated" from the global financial crisis despite expecting low export revenue, Finance Minister Trevor Manuel says.
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/ 10 October 2008
The global economic crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks
Iceland seized control of its biggest bank on Thursday to try to shore up its listing financial system, and halted all trade on its stock market.
Governments rushed out new emergency measures in a desperate bid to stop the haemmorhaging of confidence on Thursday.
Zimbabwe’s annual inflation raced to a record 231-million percent in July, up from 11,2-million percent the previous month.
The world financial crisis hardens the case for SA sticking to its economic policies, Finance Minister Trevor Manuel was quoted as saying on Thursday.
The rand is unlikely to stabilise in the next week or two, Kruger International economist Ulrich Joubert said on Wednesday after volatile trade.
In its bleakest forecast in years, the International Monetary Fund said on Wednesday the world economy was set for a major downturn.
The US Federal Reserve led a global round of emergency rate cuts on Wednesday in an effort to contain the worst financial crisis since the 1930s.
The rand recouped some of its losses against the dollar on Wednesday, while stocks also turned positive after a coordinated round of global rate cuts.