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Rand recovers slightly

| The rand recovered slightly in late trade on Friday but remained weak against major currencies after earlier falling more than two percent against both the dollar and the euro on the back of rising risk aversion.
  • TOP STORIES »

    Oil vaults to new record high

    | The price of crude oil surged past $125 on Friday, lifted by speculative demand.
  • Adcock Ingram fined R53m

    | The Competition Commission has slapped Adcock Ingram, with a R53-million fine.
  • HIGHLIGHTS »

    Biofuels backlash

    | A biofuels backlash has erupted in major ethanol producer the United States.
  • Disraeli on the front lines

    AFP | Investment writer John Maudlin is frank about the depressing news coming out of the US.
  • Food 'tsunami' aftermath

    Aid agencies are facing an unexpected problem keeping Myanmar cyclone survivors alive.

    Firms back Wimax

    Some major US firms are backing WiMax wireless internet technology.
    » RAND & JSE

    Rand sharply weaker

    SXC The rand weakened sharply against major currencies in noon trade on Friday.

    JSE gives up gains

    After opening firmer on Friday morning, the JSE had given up its gains by midday.

    Rand weakens slightly

    The rand was slightly weaker than its overnight levels in early trade on Friday.

    JSE close at record high

    Stocks ended Thursday on a fresh record high for the second time this week.
    » WORLD MARKETS

    ECB slows Europe

    AFP European stock markets closed mixed on Thursday as investors digested another ECB warning.

    Retailers stoke US

    US stocks rose modestly on Thursday as upbeat news from retailers helped ease concerns.
    » BUSINESS NEWS
    » WORLD NEWS
    » TRANSCRIPTS

    Disraeli on the front lines

    AFP Investment writer John Maudlin is frank about the depressing news coming out of the US.