Us Fed
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More pain in store for SA with US Fed rate hike
South Africa is among the developing nations who will be worse affected by the US tightening – the first rate hike in seven years.
Global markets rally on huge cash injection
Asian and European equities surged higher on Wednesday, mirroring an overnight rebound on Wall Street after major central banks announced a massive cash injection for stressed…
US Fed chief offers assurance on mortgages
United States Federal Reserve Chairperson Ben Bernanke told Congress on Thursday that the credit crisis has created ”significant market stress” and offered fresh assurances that…
World oil price tops $81
Oil prices topped 81 dollars a barrel for the first time on Tuesday, setting another record high amid fears of critically tight supplies for the winter season in the United…