US unemployment rate rises to 4.3 in July Spot gold has gained 3.2 so far this week Silver, platinum, palladium head for weekly rises Aug 2 Reuters Gold prices hit their highest in over two weeks on Friday as Treasury yields and the dollar declined after data showed U.S. economy created fewer jobs than expected […]

SYDNEY, Aug 2 Reuters The Australian dollar was pinned near threemonth lows on Friday as weak U.S. data fuelled fears of a sharp slowdown in the world39;s largest economy, sending investors to the embrace of the safehaven yen and Swiss franc. The Aussie held at 0.6501 , having fallen 0.5 overnight to just above a […]

TOKYO, Aug 2 Reuters The safehaven Japanese yen and Swiss franc traded near multimonth highs against the dollar on Friday after an unexpected slump in U.S. manufacturing fuelled fears of a downturn, sending stocks and bond yields tumbling. Sterling stumbled to a fresh onemonth low following a nearly 1 plunge overnight as the Bank of […]

JOHANNESBURG, Aug 2 Reuters The South African rand was stronger in early trade on Friday, helped by signs of improvement in the domestic economy and dollar weakness on global markets. The rand traded at 18.2275 against the dollar at 0635 GMT, up about 0.3 from Thursday39;s close. The dollar was down about 0.1 against a […]

FTSE 100 down 0.4, FTSE 250 off 1.2 Investment banking and brokerage, personal goods sectors lead declines U.S. payrolls data on tap Aug 2 Reuters London stocks inched lower on Friday amid broader declines as investors were cautious ahead of a crucial jobs report in the United States, while an uptick in commodity prices helped […]

STOXX 600 drops 1.4 Chip stocks fall on weak US earnings, wider selloff AXA up on deal talks with BNP Paribas Engie gains after lifting profit guidance IAG climbs after profit beat, dividend resumption Aug 2 Reuters European shares fell more than 1 on Friday, tracking a global riskoff sentiment following disappointing U.S. growth data […]

Political stability after the elections and fewer electricity blackouts have eased the pressure on South Africa’s largest lenders like FirstRand and Standard Bank, yet significant revenue growth remains elusive.

The Dubai property market’s resilience to external shocks has been tested by economic uncertainty, elevated rates and Middle East conflicts.

Global sales of sustainability-linked bonds jumped in June, driven by a $2 billion offering from Enel SpA, the first and biggest issuer of the bonds globally.