(Corrects throughout to show rand firmer, not weaker) * Rand reverses losses vs dollar * Treasury weekly auction results after 0900 GMT JOHANNESBURG, Oct 9 (Reuters) - South Africa's rand firmed but remained near a 3-1/2 year low against the dollar on Tuesday due to weeks of labour unrest that have rattled investors in Africa's biggest economy. By 0635 GMT, … [Read more...] about CORRECTED-S.Africa rand firms vs dollar but near 3-1/2 yr low
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TEXT-Fitch affirms Credit Agricole at ‘A+’; outlook negative
Oct 09 - Fitch Ratings has affirmed Credit Agricole's (CA) Long-term Issuer Default Rating (IDR) at 'A+' with a Negative Outlook and Short-term IDR at 'F1+'. At the same time, the agency has affirmed the Viability Rating (VR) at 'a', Support Rating Floor at 'A+' and Support Rating at '1'. A full list of rating actions is at the end of this rating action commentary. … [Read more...] about TEXT-Fitch affirms Credit Agricole at ‘A+’; outlook negative
India’s NTPC to issue coal buying tender
LONDON Oct 9 (Reuters) - India's state utility NTPC will issue a tender to buy 7 million tonnes of imported thermal coal in the next 10 days, Indian traders said. NTPC is expected to buy mostly Indonesian low to medium-grade coal, a type preferred by power generators in the subcontinent. (Reporting by Jacqueline Cowhig) © Thomson … [Read more...] about India’s NTPC to issue coal buying tender
Actis raises $278 mln for Africa real estate
NAIROBI Oct 9 (Reuters) - Emerging markets private equity firm Actis has raised $278 million for investment in African real estate to ride a housing boom fuelled by a growing middle class. Actis, one of the largest private equity investors in the world's poorest countries, said on Tuesday the fund, Actis Africa Real Estate 2, will focus on retail and office development in … [Read more...] about Actis raises $278 mln for Africa real estate
UPDATE 1-India’s NTPC buy up to 7 mln T coal via tenders
LONDON/NEW DELHI Oct 9 (Reuters) - India's state utility NTPC will issue a tender to buy 7 million tonnes of imported thermal coal in the next 10 days, Indian traders said. NTPC is expected to buy mostly Indonesian low to medium-grade coal, a type preferred by power generators in the subcontinent. NTPC issued 5 tenders on Tuesday for imported coal, four for 1.25 … [Read more...] about UPDATE 1-India’s NTPC buy up to 7 mln T coal via tenders
