JOHANNESBURG, June 25 (Reuters) – Swaziland, Africa’s last absolute monarchy, has agreed to accept a long-delayed $280 million emergency bail-out loan from neighbouring South Africa, a South African government official said on Monday. (Reporting by Ed Cropley and Jon Herskovitz; Editing by Pascal Fletcher) © Thomson Reuters 2012 All rights reserved Article source: http://feeds.reuters.com/~r/reuters/AfricaSouthAfricaNews/~3/vmchMkM7bYY/idAFL6E8HPA0220120625

* Brent dips below $90, coal swaps follow * Traders stop speculative shipments to China LONDON, June 25 (Reuters) – Prompt physical coal prices were unchanged on Monday although swaps slipped by around 50 U.S. cents in line with oil’s fall but no fresh trades were reported and few bids or offers were seen. Brent [...]

* Euro, weak trade stats weigh on rand * Rand vulnerable as Reserve Bank won’t intervene JOHANNESBURG, June 25 (Reuters) – South Africa’s rand fell as much as 1.4 percent on Monday to a three-week low against the dollar as uncertainty over euro zone debt undermined global investors’ demand for riskier emerging market assets. Government [...]

JOHANNESBURG, June 25 (Reuters) – South Africa and Swaziland have signed a memorandum of understanding relating to a 2.4 billion rand bailout for Africa’s last absolute monarchy although the actual loan agreement has not yet been signed, a South African official said on Monday. “The financial authorities of the two countries are still discussing the [...]

(Adds background) JOHANNESBURG, June 25 (Reuters) – South Africa and Swaziland have signed a memorandum of understanding relating to a 2.4 billion rand bailout for Africa’s last absolute monarchy, although the actual loan agreement has not yet been signed, a South African official said on Monday. “The financial authorities of the two countries are still [...]

* Government needs dollar inflows to help pay debt * Miners had slashed exports due to currency rules * Officials extend deadline for miners, others BUENOS AIRES, June 25 (Reuters) – Argentina loosened its strict currency rules on Monday, extending the deadline for more than 100 companies – including some hard-hit miners – to cash [...]

* Leishman wins maiden tour title * Hoffman, Thatcher rue poor finishes (Adds detail, quotes) By John Nestor CROMWELL, Connecticut, June 24 (Reuters) – Australian Marc Leishman faced a long and nervous wait on Sunday but ultimately his sizzling final round eight-under-par 62 proved enough to give him his maiden PGA Tour title at the [...]