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22/02 South African retailer Massmart Holdings on Thursday posted a 2 percent rise in annual profit, helped by cost cuts as consumers battling high personal debt levels spent warily.  Full story
21/02 South Africa's new leadership announced on Wednesday it was taking the politically risky step of raising value-added tax for the first time in 25 years, part of efforts to cut the deficit and stabilise debt under new President Cyril Ramaphosa.  Full story
19/02 South Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue gap and narrow the deficit, providing an early look at how new President Cyril Ramaphosa plans to repair the ailing economy.  Full story
20/02 A Dutch court has ordered Steinhoff International to amend its 2016 accounts, handing victory to a former business partner in a dispute over the ownership of discount furniture store chain POCO, the crisis-hit retailer said on Tuesday.  Full story
23/02 South African is expected to harvest 33 percent less maize in 2018 compared with a record crop in the previous season after a decrease in plantings and low rainfall in the. . .  Full story
23/02 More than 500 workers will embark on a strike on Monday at Koornfontein Mine, which is owned by the Gupta family, over concerns of nonpayment of salaries, South Africa's National Union. . .  Full story
23/02 The number of internet users in Tanzania rose by 16 percent at the end of 2017 to 23 million, with the majority of those using their handsets to go online, the. . .  Full story
23/02 South Africa's budget reverses some of last year's fiscal deterioration but poor finances of state-owned companies remain a major risk to fiscal targets, ratings agency Fitch said on Friday.. . .  Full story
23/02 South Africa's National Union of Mineworkers said on Friday that its members had not been paid on time at the Optimum coal mine, which is owned by the Gupta family, and. . .  Full story
23/02 European Union leaders staked out opening positions on Friday for a battle over EU budgets that many conceded they are unlikely to resolve before Britain leaves next year, blowing a hole in Brussels' finances.. . .  Full story
23/02 European Council President Donald Tusk on Friday dismissed as "pure illusion" the ideas floated by Britain so far on what sort of relationship it wants with the European Union after it leaves the bloc.. . .  Full story
23/02 World shares rose broadly on Friday, with technology stocks lifting Wall Street, while gold neared its biggest weekly loss this year as investors shrugged off concerns about interest rate hikes and the U.S. dollar. . .  Full story
23/02 Prime Minister Theresa May will outline her wishes for Britain's post-Brexit ties with the European Union next week after winning support from key ministers, although European Council President Donald Tusk on Friday called the ideas. . .  Full story
23/02 The European Central Bank has bought enough bonds so that it could retreat from further purchases without risking an unwarranted rise in longer-dated bond yields, ECB executive board member Benoit Coeure said on Friday.. . .  Full story
21/02 U.S. soybean meal futures jumped to their highest level since July 2016 on Tuesday as a drought kept the heat on crops in Argentina, the world's top exporter of the livestock feed.  Full story
15/02 Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit around mid-December.  Full story
14/02 Canada's main stock index rose on Wednesday after investor sentiment rebounded following a bullish U.S. inflation report and energy stocks rallied on strong oil prices.  Full story
13/02 Global investors cut equity holdings by the most in two-years in February, a Bank of America Merrill Lynch survey showed on Tuesday, as world shares had their worst week since early 2016.  Full story
09/02 The recent sell-off roiling global financial markets has not changed the overall economic outlook and it is not up to regulators to prevent investors from suffering losses, Deutsche Bundesbank board member Andreas Dombret said on Friday.  Full story
23/02 South Africa's rand firmed on Friday amid talk that new President Cyril Ramaphosa is likely to announce a new cabinet after a party meeting over the weekend, while stocks rose led by the banking. . .  Full story
23/02 Northam Platinum reported a widened half-year loss on Friday citing costs related to a transaction to increase its black ownership profile but the mid-tier South African miner still posted an operating profit.. . .  Full story
23/02 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.. . .  Full story
22/02 South African stocks fell on Thursday led by precious metals producer Sibanye-Stillwater reporting an annual loss and cutting its dividend, while the rand remained range bound amid risk-on sentiment in emerging assets.. . .  Full story
22/02 South African clothes retailer Truworths on Thursday reported flat retail sales growth in the first-half, which it blamed on a challenging trading period marred by political uncertainty in its home market.. . .  Full story
23/02 San Francisco Federal Reserve Bank President John Williams on Friday stood by the U.S. central bank's guidance for gradual rate hikes ahead, saying that the economic outlook has not fundamentally changed from when that guidance. . .  Full story
23/02 Federal Reserve policymakers fretted on Friday that they could face the next U.S. recession with virtually the same arsenal of policies used in the last downturn and, with interest rates still relatively low, those will. . .  Full story
23/02 U.S. soybean futures neared a one-year high on Friday as concerns mounted about crop losses from a searing drought in Argentina, the world's biggest exporter of soymeal and soyoil. Argentina, which. . .  Full story
23/02 U.S. stocks rallied on Friday, lifted by gains in technology stocks and a retreat in Treasury yields as the Federal Reserve eased concerns about the path of interest rate hikes this year.. . .  Full story
23/02 More than half a dozen U.S. companies have abruptly cut ties with the National Rifle Association as gun safety activists on Friday intensified calls for a boycott in the wake of last week's Florida. . .  Full story
23/02 The dollar edged higher against a basket of major currencies on Friday, extending its recovery from a three-year low last week, as the potential for a more aggressive U.S. Federal Reserve prompted investors to. . .  Full story
23/02 Mexican stocks led losses across Latin America on Friday as poor economic growth figures there pushed the benchmark IPC index down almost 1 percent during an otherwise quiet day in the region.. . .  Full story
23/02 Sterling edged up against the dollar and euro on Friday but finished the week in much the same place as it had started, with weaker-than-expected economic data being offset by hawkish comments from Bank. . .  Full story
23/02 The Canadian dollar edged higher against its broadly firmer U.S. counterpart on Friday after data showed Canada's inflation cooled less than economists had expected. At 9:51 a.m. EST (1451 GMT), the. . .  Full story
23/02 Shares in Zara fashion chain owner Inditex fell more than 7 percent to a three-year low on Friday after JP Morgan cut its price target for the company weeks before it is due to. . .  Full story
23/02 Mauritius’ trade deficit widened 25.2 percent to 9.95 billion Mauritius rupees ($302 million) in December from the same period a year earlier, due to higher imports of mineral fuels and lubricants,. . .  Full story
23/02 Kenya Power posted a 19 percent drop in first-half pretax profit, mainly due to sluggish economic growth and higher financing costs.. . .  Full story
22/02 Kenya shook off a downgrade and the loss of access to an IMF standby credit facility to raise a $2 billion dollar bond at competitive yields, but market participants said on. . .  Full story
22/02 Zambia's annual inflation rate slowed to 6.1 percent in February from 6.2 percent a month earlier, official data showed on Thursday.. . .  Full story
21/02 Kenya began a dollar bond sale on Wednesday that analysts said could reach $3 billion, hours after the International Monetary Fund said the country cannot currently access its $1.5 bln standby credit facility because conditions. . .  Full story
23/02 Cyprus accused Turkey on Friday of threatening to use force against a drillship chartered by Italy's Eni, in a standoff over hydrocarbons rights in the eastern Mediterranean.. . .  Full story
23/02 India's market regulator ordered HDFC Bank on Friday, to conduct an internal inquiry into the suspected leaking of key unpublished financial information and to strengthen its handling of such data.. . .  Full story
23/02 India's central bank has told lenders to link their internal software with the SWIFT interbank messaging system by the end of April, and to alter a range of other protocols with immediate effect, as. . .  Full story
23/02 Arif Naqvi, the founder of Dubai-based emerging markets private equity fund, Abraaj Group, has handed the running of the fund to two co-chief executives and halted investments during a review of the structure of. . .  Full story
23/02 Grade. . .  Full story
00h00 Shares rose broadly worldwide on Friday, with strong technology stocks and a retreat in Treasury yields lifting Wall Street, while gold had its biggest weekly loss this year as investors shrugged off concerns about interest rate hikes.  Full story
23/02 Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.  Full story
23/02 Volkswagen AG's U.S. unit on Friday resolved a lawsuit brought by a North Carolina man whose diesel emissions case was set to be the first go to trial on Monday.  Full story
23/02 Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.  Full story
23/02 Oil prices rose on Friday to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is working.  Full story
USA Week Ahead
23/02 Investors are starting to doubt whether they can count on the protective embrace of an accommodative U.S. central bank when markets go haywire.  Full story


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