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08h20 Revenue for the interim period increased by 2.9% to R36.3 billion (2016: R35.3 billion), gross profit rose 3.4% to R14.4 billion (2016: R13.9 billion), operating profit fell 15.6% to R3.1 billion (2016: R3.7 billion), while loss attributable to shareholders of the parent came in at R4.9 bill  Full story
21/02 South Africa's new leadership announced on Wednesday it was taking the politically risky step of raising value-added tax for the first time in 25 years, part of efforts to cut the deficit and stabilise debt under new President Cyril Ramaphosa.  Full story
08h42 Revenue for the year increased by 2.7% to R94 billion (2016: R91.6 billion) and gross profit was 1.9% higher at R17.7 billion (2016: R17.3 billion). Operating profit before interest rose by 8.9% to R2.7 billion (2016: R2.5 billion). Profit attributable to owners of the parent was 13.7% high  Full story
21/02 South Africa's new leadership announced on Wednesday it was taking the politically risky step of raising value-added tax for the first time in 25 years, part of efforts to cut the deficit and stabilise debt under new President Cyril Ramaphosa.  Full story
15/02 Steinhoff International has appointed Richard Heis as Chief Restructuring Officer for the group, it said on Thursday, as the troubled South African retailer wrestles with the fallout from an accounting scandal.  Full story
16/02 South Africa will benefit from a wave of positive market sentiment under new President Cyril Ramaphosa, Finance Minister Malusi Gigaba said on Friday, as speculation swirled about whether he would keep his job.  Full story
10h07 South African retailer Massmart Holdings on Thursday posted a 2 percent rise in annual profit, helped by cost cuts as consumers battling high personal debt levels spent warily.. . .  Full story
10h05 South African retailer Woolworths Holdings Ltd posted a 15 percent fall in half-year profit on Thursday hurt by a hefty write-down charge on the value of its David Jones business in. . .  Full story
10h00 South Africa's rand was slightly weaker on Thursday against the dollar, which was lifted by higher Treasury yields, while bonds extended gains made in the previous session after the unveiling of. . .  Full story
09h58 South African-based gold and platinum producer Sibanye-Stillwater reported an attributable loss for 2017 and in a bid to preserve cash turned off the dividend flow that has made it a darling. . .  Full story
09h35 Revenue for the interim period increased to R13.5 billion (2016: R13.2 billion), operating profit rose to R717.8 million (2016: R659.8 million), net profit for the period attributable to equity holders of. . .  Full story
10h16 Glencore and four bank lenders have reached a deal with Chad on the restructuring of an over $1 billion oil-backed loan, sources familiar with the matter said.. . .  Full story
09h56 Trade union Verdi has called for staff working at Deutsche Post in several German federal states to stage strikes on Thursday, seeking to up the pressure in wage talks.. . .  Full story
09h48 British shopping centre landlord Intu Properties Plc reported a small rise in full-year NAV, helped by strong tenant demand.. . .  Full story
09h47 TBC Bank Group Plc, Georgia's largest retail bank, reported a jump in full-year net profit, buoyed by robust lending, and maintained its medium-term targets in a growing economy.. . .  Full story
09h43 British recruiter Hays posted a 16 percent rise in first-half profit, helped by growth in its international business and cost controls in its domestic market, where hiring has been hit by uncertainty since Britain. . .  Full story
21/02 U.S. soybean meal futures jumped to their highest level since July 2016 on Tuesday as a drought kept the heat on crops in Argentina, the world's top exporter of the livestock feed.  Full story
15/02 Bitcoin rose above $10,000 on Thursday for the first time in more than two weeks, as investors bought back the digital currency after having fallen 70 percent from its all-time peak hit around mid-December.  Full story
14/02 Canada's main stock index rose on Wednesday after investor sentiment rebounded following a bullish U.S. inflation report and energy stocks rallied on strong oil prices.  Full story
13/02 Global investors cut equity holdings by the most in two-years in February, a Bank of America Merrill Lynch survey showed on Tuesday, as world shares had their worst week since early 2016.  Full story
09/02 The recent sell-off roiling global financial markets has not changed the overall economic outlook and it is not up to regulators to prevent investors from suffering losses, Deutsche Bundesbank board member Andreas Dombret said on Friday.  Full story
09h47 The Asia-Pacific is this year likely to import less of the high-protein wheat used to churn out food such as noodles and pizza as growers in the region ramp up output, traders said.. . .  Full story
09h20 South Korea plans to quickly conduct due diligence on the financially strapped South Korean unit of General Motors Co, Finance Minister Kim Dong-yeon said on Thursday.. . .  Full story
09h02 Latvia's central bank chief has been suspended pending an investigation into bribery allegations, and the Baltic country's third biggest bank has sought emergency support following U.S. accusations of money-laundering and sanctions-busting. The. . .  Full story
08h00 Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit. . .  Full story
07h48 If you were looking for signs that the liquefied natural gas (LNG) merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion in Papua New Guinea is ample evidence.. . .  Full story
09h53 Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories.. . .  Full story
09h53 Japan's top financial diplomat Masatsugu Asakawa said on Thursday that G20 finance leaders would raise the issue of cryptocurrencies at their meeting in Buenos Aires in March.. . .  Full story
09h04 Scotch whisky makers were among the most fervent industry advocates for staying in the European Union, but if Britain has to leave, they prefer a clean break.. . .  Full story
09h03 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index and the Korean won both slumped to over one-week lows on Thursday as risk appetite weakened after minutes of the latest Federal Reserve. . .  Full story
08h12 Thailand is in no rush to tighten its monetary policy despite rising global interest rates, thanks to ample domestic liquidity and benign inflation, the central bank governor said on Thursday.. . .  Full story
21/02 Kenya began a dollar bond sale on Wednesday that analysts said could reach $3 billion, hours after the International Monetary Fund said the country cannot currently access its $1.5 bln standby credit facility because conditions. . .  Full story
21/02 Zambia's central bank cut its benchmark lending rate by 50 basis points to 9.75 percent on Wednesday, citing lower consumer inflation and weaker economic growth.. . .  Full story
21/02 Governments across sub-Saharan Africa are hitting international debt markets hard and fast to try to beat rising borrowing costs, pushing the region's debt levels to new highs.. . .  Full story
21/02 Nigeria's state oil firm said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours. . .  Full story
21/02 Kenya's $1.5 bln standby credit facility remains in place until the end of March 2018, but the country cannot access it because conditions have not been met, the International Monetary Fund. . .  Full story
09h25 China's major stock indexes scored their best single-day gains in more than 18 months, as investors played catch-up buying after the week-long Lunar New Year holiday. The rally was led by consumer and transport firms. . .  Full story
09h11 South Korea's finance minister said on Thursday that an additional budget spending plan could be one of the possible options to ease youth unemployment.. . .  Full story
09h05 Oil that reached islands in southern Japan earlier this month is highly likely to have come from the sunken Iranian tanker Sanchi, the Japan Coast Guard said on Thursday.. . .  Full story
08h56 India state refiners expect their profit margins to hold their strength this year as demand growth accelerates for fuel products amid a record $93 billion spent on infrastructure and stable crude oil prices, company executives. . .  Full story
08h28 Japan's Nikkei share average fell on Thursday on across-the-board selling after U.S. shares dropped overnight on speculation about faster interest rate hikes, while Ricoh stumbled after a media report said it was considering an impairment. . .  Full story
10h18 French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second quarter this year.  Full story
10h15 Nippon Life Insurance Co is likely to sell Japanese shares when they rise further, as the rally in risk assets driven by expectations of a "Goldilocks" scenario continuing is nearing an end, its chief investment officer told Reuters on Thursday.  Full story
10h13 London metals fell on Thursday after U.S. policymakers backed the need for more rate rises, pushing up the dollar and putting pressure on metals as trading in Shanghai resumed after a week-long break. "I think this sort of consolidation (in metals) on dollar strength is just short term," said a  Full story
10h09 British wealth manager Rathbone Brothers posted a 17.6 percent rise in full-year pretax profit on Thursday, buoyed by strong markets and net inflows of new client money combining to push total assets to a record high.  Full story
10h05 Grade Prices Thai RSS3 (March) $1.69/kg Thai STR20 (March) $1.45/kg Thai 60-percent latex (bulk/March) $1,130/tonne Thai 60-percent latex (drum/March) $1,230/tonne Malaysia SMR20 (March) $1.45/kg  Full story


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