adminAsia stocks rise, China manufacturing slows
SINGAPORE.ASIAN stocks rose yesterday, tracking US shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.Japan’s benchmark Nikkei average climbed…
ZSE benchmark index drops
Business ReporterTHE Zimbabwe Stock Exchange benchmark index declined yesterday on the back of widespread losses across the board, while the mining index was stagnant as all resource stocks traded unchanged.The…
Surge in oil prices likely to dent economic growth – World Bank
WASHINGTON.A SUSTAINED period of higher oil prices would significantly affect developing economies but is unlikely to derail their strong recovery since the financial crisis, a senior World bank official said…
SA govt bond spreads at record high
JOHANNESBURG.South African government bonds remained under pressure yesterday, amid growing disappointment at last week’s large budget deficit and ahead of a bond auction later in the session. The rand was…