Tapering
latest news & developments
Gold retreats from five-year highs
Investors drew away from the yellow metal after Fed Reserve chairman Janet Yellen confirmed that tapering in the US would continue to be gradual.
Fed reduces bond buying amid growing economy
The dollar has gained after US Federal Reserve chairperson Ben Bernanke announced plans to taper monthly bond purchases.
SA retail stocks advance for second month
South African retail stocks have risen for a second month, on speculation that the US Federal Reserve will maintain stimulus.