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reuters

S.Africa’s rand softer, holding on to gains

10 September 2012 By admin

* Rand held up by possibility of stimulus in the U.S. * Currency seen trading 8.15-8.25 range JOHANNESBURG, Sept 10 (Reuters) - South Africa's rand held on to gains against the dollar made last week after soft data in the United States and China reinforced hopes of more stimulus from the world's two biggest economies. The rand was at 8.1941 at 0622 GMT against … [Read more...] about S.Africa’s rand softer, holding on to gains

BRIEF-Moody’s drops Consol Glass (Pty) Ltd ratings, following redemption of its senior secured notes

10 September 2012 By admin

Sept 10 (Reuters) - Consol Glass (Pty) Ltd * Moody's has today withdrawn Consol Glass (Pty) Ltd (Consol Glass) B1 corporate family rating and B1 probability of default rating. The withdrawal follows the redemption of the Consol Glass's bonds on 24 August 2012. © Thomson Reuters 2012 All rights reserved … [Read more...] about BRIEF-Moody’s drops Consol Glass (Pty) Ltd ratings, following redemption of its senior secured notes

EMERGING MARKETS-Stocks hit 2-wk high, Turkey at 15-mth high

10 September 2012 By admin

LONDON, Sept 4 (Reuters) - Turkey and Poland were among the stronger regional performers on Monday as emerging stocks hit fresh two-week highs in the aftermath of the European Central Bank's plan last week to buy peripheral euro zone debt. Benchmark emerging equities have risen more than 3.5 percent since the ECB detailed its plan on Thursday, in a stampede to risky … [Read more...] about EMERGING MARKETS-Stocks hit 2-wk high, Turkey at 15-mth high

UPDATE 2-Lonmin strike goes on as S.Africa mine unrest spreads

10 September 2012 By admin

* Lonmin workers defy deadline to return to work * Marching strikers and police in stand-off * Gold Fields hit by new illegal strike By Ed Cropley MARIKANA, South Africa, Sept 10 (Reuters) - Striking South African platinum miners stayed off the job on Monday and marched to press wage demands at major producer Lonmin as 15,000 workers at the world's fourth … [Read more...] about UPDATE 2-Lonmin strike goes on as S.Africa mine unrest spreads

War-torn Yemeni firm Sabafon says winning back some customers

10 September 2012 By admin

* Says lost 1 mln subscribers, now has 3.65 mln * Says many sites repaired, but cannot reach some areas By Matt Smith DUBAI, Sept 10 (Reuters) - Yemeni mobile phone operator Sabafon, which last year blamed the government for attacks on its network infrastructure and reduced services for customers, said on Monday it has since won back a fifth of the 1 … [Read more...] about War-torn Yemeni firm Sabafon says winning back some customers

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