* Market to watch U.S. earnings season * Top-40, All-share add 0.21 pct JOHANNESBURG Oct 10 (Reuters) - South African shares turned positive for the first time this week but Gold Fields and other bullion mining firms took a beating from a recovery in the local currency. Absa, the South African bank majority owned by Barclays, fell 2.8 percent to 134.60 rand. A … [Read more...] about S.African stocks end positive, but gold miners dim
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S.Africa’s rand firms but 3-1/2 year low still in sight
JOHANNESBURG Oct 10 (Reuters) - South Africa's rand nudged higher versus the dollar on Wednesday on news some striking truckers were returning to work, but struggled to hold earlier session highs as investors worried that the labour unrest besetting the country is far from over. The rand initially rallied to 8.6151/dollar, its strongest level since Friday, but retreated to … [Read more...] about S.Africa’s rand firms but 3-1/2 year low still in sight
Cricket-England would welcome Pietersen back, Broad says
LONDON Oct 10 (Reuters) - Kevin Pietersen will be welcomed back into the England team when the controversial middle-order batsman returns to the national side, Twenty20 captain Stuart Broad said on Wednesday. "Once the England management have decided when he's available to return, he'll be welcome back into the changing room," Broad told reporters at a book launch. … [Read more...] about Cricket-England would welcome Pietersen back, Broad says
BRIEF-Moody’s affirms Standard Bank plc’s ratings following downgrade of Standard Bank of South Africa
Oct 11 (Reuters) - Moody's Investors Service has affirmed the ratings of Standard Bank plc (SBP) (Baa2, D/ba2 negative) following the recent rating action on the local and foreign currency deposit ratings of Standard Bank of South Africa (SBSA), the largest operating entity of the Standard Bank Group Limited (SBGL), which is also the ultimate parent of SBP. … [Read more...] about BRIEF-Moody’s affirms Standard Bank plc’s ratings following downgrade of Standard Bank of South Africa
UPDATE 2-South African central banker sounds warning on economy
By Xola Potelwa GRAHAMSTOWN, South Africa Oct 10 (Reuters) - South Africa's economic outlook is deteriorating rapidly, with unrest in the mining sector and national transport strikes likely to lead to job losses, central bank governor Gill Marcus said on Wednesday. Speaking to economics students in Grahamstown in the Eastern Cape province, Marcus also warned that the … [Read more...] about UPDATE 2-South African central banker sounds warning on economy
