Fin24 Economy

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Updated: 4 hours 36 min ago

Fin24.com | Victory for consumers as court rules against salary deductions

Thursday, 09 July 2015
There has been a victory for 15 consumers when the Western Cape High Court has declared certain deductions from their salaries “invalid and unlawful.”

Fin24.com | IMF chief cannot bend rules for Greece

Thursday, 09 July 2015
The head of the International Monetary Fund has reiterated that the global financial institution cannot bend its rules when it comes to Greece.

Fin24.com | Strike begins against 24-hour London Underground

Thursday, 09 July 2015
The first London Underground strike shutdown since 2002 has gotten underway, as drivers protested pay and plans for a new 24-hour service due to start.

Fin24.com | SA promotes Operation Phakisa in UK

Wednesday, 08 July 2015
South Africa is on a promotions drive to generate interest in its oceans economy among European investors.

Fin24.com | SA long way from closing corporate gender gaps

Wednesday, 08 July 2015
Although SA has achieved a high ranking for women as chairs of company boards, it still has to go a long way to close traditional gender gaps, a survey has found.

Fin24.com | Load shedding drags down sub-Saharan growth - report

Wednesday, 08 July 2015
The World Bank has made a 0.4% downward revision of sub-Saharan Africa's GDP growth because of SA's power crisis and the oil price drop.

Fin24.com | GRAPH: What it looks like when the NY stock exchange shuts down

Wednesday, 08 July 2015
A market analyst has posted a tweet showing graphically how trade at the New York Stock Exchange stopped, after a reported technical glitch.

Fin24.com | Trading halted on NY stock exchange - report

Wednesday, 08 July 2015
UPDATED: The New York Stock exchange has halted all trading due to a reported glitch, according to reports.

Fin24.com | UK hiring pace slows further in June

Wednesday, 08 July 2015
Permanent staff placements by recruitment agencies in Britain rose at their slowest pace in more than two years in June, largely due to a lack of skilled candidates.

Fin24.com | E-tolling to be tested at N3 toll plazas

Wednesday, 08 July 2015
E-tolls are set to be tested on the N3 in selected toll plaza lanes, beginning next week, the N3 Toll Concession company says.

Fin24.com | SA economy not really going anywhere - Schüssler

Wednesday, 08 July 2015
The latest BankservAfrica Economic Transaction Index for June shows the SA economy is taking two steps forward, one step back regarding real growth.

Fin24.com | China to spend $40bn on weakest parts of economy

Wednesday, 08 July 2015
China's government plans to spend $40.3bn to foster growth in areas of the economy most in need of support, the Chinese cabinet says.

Fin24.com | NUM represents less than half of AngloGold, Sibanye

Wednesday, 08 July 2015
Less than half of the workers at AngloGold Ashanti and Sibanye Gold now belong to the dominant National Union of Mineworkers, according to the mining lobby.

Fin24.com | Betting odds show "Grexit" now looks more likely

Wednesday, 08 July 2015
The chances Greece will leave the euro this year now look greater than ever, says UK bookmaker William Hills.

Fin24.com | Greece files formal request for eurozone loan

Wednesday, 08 July 2015
Greece has lodged a formal request for a bailout loan with the eurozone's special support fund, says a spokesperson for the European Stability Mechanism.

Fin24.com | Londoners take to boats to escape housing costs

Wednesday, 08 July 2015
Rocketing housing costs in Britain's capital have fuelled a surge in Londoners seeking cheaper accommodation on boats.

Fin24.com | Emergency markets awaken Chinese brokers

Wednesday, 08 July 2015
The business plans and overseas ambitions of Chinese brokerages are being shelved as Beijing pushes them to use their resources to stop a plunge in domestic equity markets.

Fin24.com | Mminele sees little wiggle room on rates

Wednesday, 08 July 2015
The South African Reserve Bank has little room to manoeuvre on borrowing costs in the face of accelerating inflation, says deputy governor Daniel Mminele.

Fin24.com | China stocks dip again, more companies halt trading

Wednesday, 08 July 2015
China stocks have tumbled to four-month lows as investors dumped both small and big caps, defying government attempts to stabilize the market.

Fin24.com | Everyone is trying to decode this Greek note

Wednesday, 08 July 2015
Everyone is trying to decode this photo of the Greek finance minister's handwritten notes after he was sworn in this week.

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