Fin24 Economy

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Updated: 4 hours 52 min ago

Fin24.com | Trade activity picks up slightly - Sacci

Tuesday, 15 July 2014
The Trade Activity Index has increased slightly by two index points to 52 in June, according to the SA Chamber of Commerce and Industry.

Fin24.com | EU urges minimum wage

Tuesday, 15 July 2014
Designated European Commission President Jean-Claude Juncker says he is working towards the introduction of a minimum social wage in each member state.

Fin24.com | Numsa set to widen strike as talks deadlock

Tuesday, 15 July 2014
Hopes to end a damaging strike by metalworkers have been dashed after negotiations with the National Union of Metalworkers of SA and employers failed.

Fin24.com | UK inflation takes a surprise jump in June

Tuesday, 15 July 2014
British inflation has unexpectedly surged to a five-month high last month and house prices continues to accelerate.

Fin24.com | Parliament to debate budget votes

Tuesday, 15 July 2014
The ANC says it is looking forward to the tabling of budget policy statements by government departments, as public committees are set to start the process.

Fin24.com | Metal bosses withdraw wage offer

Tuesday, 15 July 2014
A two-week strike by metalworkers is likely to drag on as the Steel and Engineering Industries Federation of Southern Africa withdrew its final wage offer.

Fin24.com | Brics neutrality on Ukraine a diplomatic win

Tuesday, 15 July 2014
A summit of the Brics group of emerging market countries will abstain from criticising Russia's recent actions in Ukraine.

Fin24.com | WTO faults US over duties on China

Tuesday, 15 July 2014
World Trade Organisation judges say the US broke its rules in imposing hefty duties on Chinese products that Washington argues enjoyed government subsidies.

Fin24.com | India slaps $579m penalty on Reliance

Tuesday, 15 July 2014
India has announced a penalty of $579m on the country's largest private firm, Reliance Industries, for failing to meet gas commitment for the fourth year in a row.

Fin24.com | Hollande hints at tax cut for middle class

Tuesday, 15 July 2014
French President Francois Hollande has suggested that his government will ease taxes for the middle classes.

Fin24.com | Brics sees Bali trade deal implemented

Tuesday, 15 July 2014
The Brics group of emerging market nations is confident a global trade reform pact will be implemented despite concerns by India over its food security.

Fin24.com | Implats denies Cosatu claims

Tuesday, 15 July 2014
Impala Platinum has denied Cosatu's claims that NUM members are not being granted access to the company's North West operations.

Fin24.com | Numsa awaits employers' response

Tuesday, 15 July 2014
The National Union of Metalworkers of SA is waiting for employer body Seifsa to respond to its demand for a 10% wage increase, says the union.

Fin24.com | Eskom can afford 12% - NUM

Monday, 14 July 2014
Eskom can afford to grant a 12% increase in wage negotiations, claims the National Union of Mineworkers.

Fin24.com | Fragile economies pose policy puzzle

Monday, 14 July 2014
A troubled Portuguese bank and a warning that markets have got way ahead of the sluggish economies have fired up debate about an appropriate policy response.

Fin24.com | Strike slams brakes on another auto giant

Monday, 14 July 2014
Toyota has joined Ford and General Motors to suspend production at one of its plants as a manufacturing workers' strike hits suppliers of car components.

Fin24.com | Numsa sacrificing workers' interest - Neasa

Monday, 14 July 2014
The real interests of Numsa members are being sacrificed for short-term political aspirations, claims the National Employers Association of SA.

Fin24.com | New round of EU, US free trade negotiations

Monday, 14 July 2014
Negotiators from the United States and the European Union have kicked off a new round of talks on a landmark free trade deal.

Fin24.com | Lehohla avoids recession speculation

Monday, 14 July 2014
Statistician general Pali Lehohla has shied away from speculation that South Africa's economy may have shrunk further during the second quarter.

Fin24.com | China busts World Cup gambling rings

Monday, 14 July 2014
Chinese police have uncovered a series of illegal World Cup betting cases involving almost $3bn as authorities struggle to control the country's gambling problem.

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