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Politics

SA to host US-Africa trade summit despite Russia disagreement

U.S. Trade Representative Katherine Tai testifies before a Senate Finance Committee hearing on President Biden’s trade policy agenda on Capitol Hill in Washington, U.S. (Reuters)South Africa will host a U.S.-Africa…

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Fed’s hawkish stance spooks investors

The U.S. central bank left interest rates unchanged on Wednesday, in line with market expectations.By Davide Barbuscia and David RandallNEW YORK – The Federal Reserve’s plans for a prolonged period…

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Counting the cost of contagion fears from Africa coups

FILE PHOTO: Gabon coup leader General Brice Oligui Nguema is sworn in as interim president during his swearing-in ceremony, in Libreville, Gabon, September 4, 2023. REUTERS/Stringer/File PhotoBy Libby George and…

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Global central banks unite in ‘higher for longer’ credo

Central banks for the world’s biggest economies have served notice that they will keep interest rates as high as needed to tame inflation, even as two years of unprecedentedBy Mark…

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Oil set for 2nd weekly fall on firm dollar as supply worries ebb

China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning Province, China. REUTERS/Chen Aizhu/File PhotoBy Muyu Xu(Reuters) – Oil rose but headed…

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King signs 4 SADC protocols

His Majesty King Mswati III getting tuned into the simultaneous interpretation system during the official opening of the SADC SummitBy King’s Office CorrespondentLUANDA, ANGOLA: His Majesty the King has signed…

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SADC backoffs on Eswatini Dialogue issue

His Majesty the King with Heads of State and Government at the 43rd Ordinary SADC Summit.By Silindzelwe Nxumalo The final SADC resolutions at the 43rd Ordinary Summit of SADC Heads…

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Hong Kong police arrest 10 for suspected foreign collusion over fund

Pro-democracy activist Bobo Yip is taken away by police for conspiracy to collude with foreign forces and incitement to riot, relating to a now-disbanded fund for pro-democracy protesters, in Hong…

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Oil hits new highs on US fuel demand, tighter supply

An aerial view shows a crude oil tanker at an oil terminal off Waidiao Island in Zhoushan, Zhejiang province, China. China Daily via REUTERSBy Arathy SomasekharHOUSTON (Reuters) – Oil prices…

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Dollar retreats after China deflation unleash drive into risk assets

An employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico. REUTERS/Jose Luis GonzalezBy Amanda CooperLONDON (Reuters) – The dollar retreated on Wednesday after data showed…

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