By Ken Borland JOHANNESBURG Oct 1 (Reuters) - South Africa coach Heyneke Meyer wants an even better display from his inexperienced team than against Australia last weekend as they prepare to lock horns with New Zealand in their final Rugby Championship match. The Springboks preserved their unbeaten home record with a 31-8 defeat of Australia on Saturday and Meyer said they … [Read more...] about Rugby-South Africa must be more clinical against All Blacks
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UPDATE 1-Moody’s cuts ratings on S.Africa’s Eskom, Telkom
JOHANNESBURG Oct 1 (Reuters) - Credit agency Moody's on Monday cut its rating on South African power utility Eskom , fixed-line operator Telkom SA and 12 municipalities, following a similar downgrade of Africa's top economy last week. It also lowered its outlook on miner Gold Fields Ltd to "stable" from "positive", citing concern about the impact of labour unrest on South … [Read more...] about UPDATE 1-Moody’s cuts ratings on S.Africa’s Eskom, Telkom
COMMODITIES-Weak dollar helps boost Q4 start; natgas, softs lead
* Natgas up 5 pct, leading gains on cooler weather outlook * Arabica coffee and raw sugar up about 3 pct each * Gold hits near one-year high * Optimistic view of commodities tempered by euro zone By Barani Krishnan NEW YORK, Oct 1 (Reuters) - Commodities closed up broadly for a third day on Monday as prices adjusted to a weak dollar after fourth quarter … [Read more...] about COMMODITIES-Weak dollar helps boost Q4 start; natgas, softs lead
S.Africa’s PMI falls to 46.2 in September
JOHANNESBURG Oct 1 (Reuters) - South Africa's seasonally adjusted Purchasing Managers' Index fell into contractionary territory in September, a survey showed on Monday, hitting its lowest level in 14 months and pointing to weak manufacturing production in the third quarter. The index lost four index points to 46.2 in September, slipping below the 50 mark which separates … [Read more...] about S.Africa’s PMI falls to 46.2 in September
EMERGING MARKETS-Russian stocks buck weaker emerging trend
LONDON Oct 1 (Reuters) - Robust manufacturing data from Russia pushed its stock market 1 percent higher on Monday, bucking the generally weaker trend in emerging equity markets while central European currencies firmed modestly as the euro recovered from lows. Weak purchasing managers surveys have underscored the fragile state of the world economy, with manufacturing data … [Read more...] about EMERGING MARKETS-Russian stocks buck weaker emerging trend