Sept 26 (Reuters) - Julius Malema, who was expelled from the African National Congress (ANC) for ill-discipline, was charged with money laundering in a South African court on Wednesday, accused of "improperly" receiving 4.2 million rand ($514,000) in a conspiracy involving state tenders. Here is a timeline on Malema since he was elected as president of the ANC's Youth … [Read more...] about TIMELINE-Julius Malema: ANC outcast always a rebel
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Euro Coal-Stable, Chinese trade squeezed by credit
* Nov S.African trades at $84.75/T, $84.25/T LONDON, Sept 26 (Reuters) - Prompt coal prices were little changed on Wednesday despite oil's fall below $110. Coal swaps dipped in early trade after the euro weakened against the dollar as the euro zone crisis deepened with violent clashes and a general strike in Greece but later recovered. A few South African prompt … [Read more...] about Euro Coal-Stable, Chinese trade squeezed by credit
S.Africa bond yields hit fresh low, rand stable vs dollar
JOHANNESBURG, Sept 26 (Reuters) - South African government bond yields fell to new lows on Wednesday as the country's bond market is set to become the first in Africa to join Citi's influential World Government Bond Index on Oct. 1. Africa's biggest economy will become the 23rd member of the WGBI. There will be 12 South African government bonds included, with a market … [Read more...] about S.Africa bond yields hit fresh low, rand stable vs dollar
COMMODITIES-Oil, metals dive on Europe troubles; soy at Aug low
* Risk off day after clashes in Athens, Madrid * US crude loses 2 pct despite last week's stockpile drop * Copper hits 2-week low, after recent 4-1/2-month peak * Soybeans and corn prices near 3-month bottom By Barani Krishnan NEW YORK, Sept 26 (Reuters) - Oil and metals prices tumbled on Wednesday after Spain's spiraling borrowing costs signalled … [Read more...] about COMMODITIES-Oil, metals dive on Europe troubles; soy at Aug low
COMMODITIES-Oil, metals dive on Europe woes; soy near 3-mth low
* Risk off day after clashes in Athens, Madrid * US crude prices down despite stockpile decline * Copper hits 2-week low, after recent 4-1/2-month peak * Soybeans and corn prices near 3-month bottom By Barani Krishnan NEW YORK, Sept 26 (Reuters) - Oil and metals prices tumbled on Wednesday after Spain's spiraling borrowing costs signalled a worsening … [Read more...] about COMMODITIES-Oil, metals dive on Europe woes; soy near 3-mth low
