Odds of a Stable Coalition in South Africa Spur Rand Rally
The rand strengthened by the most this year after publication of an opinion poll that boosted the odds of a market-friendly coalition emerging from national elections next month.
The rand strengthened by the most this year after publication of an opinion poll that boosted the odds of a market-friendly coalition emerging from national elections next month.
Mexico’s trade surplus was four times as large as economists had forecast in March as slowing demand damped imports.
Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through over the past two years — an outlook reshaped significantly by US outperformance.
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, people with knowledge of the matter said, adding to the pressure on the UK-listed miner after it rejected a takeover approach from Australia’s BHP Group Ltd.
The loan from an obscure UAE company may tie up most of South Sudan’s oil revenues for many years, UN investigators say.
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