BusinessDay
News >> Home
Last Updated: Tuesday, 09 February 2010 17:25:55

Lead Story

MOODY'S Investors Service has placed the Aa1 senior unsecured long-term rating of Toyota Motor Corporation and its supported subsidiaries – including the South African operation, Toyota Financial Services - under review for possible downgrade.
 

Financials

ALSI Industrial Industrial 25 Financial Gold
 
Dow Jones Nasdaq Nikkei FTSE 100 CAC 40 DAXX
 

Market News

US stocks rose at the open today as investors welcomed talk that debt-burdened Greece could get help from the European Union, while broker comments lifted shares of industrial companies, including Dow component Caterpillar Inc.
SOUTH AFRICAN bonds were marginally firmer in late trade today on the back of a slightly stronger rand and a well-bid weekly government bond auction.
THE rand was range bound in the afternoon session today as it looked to consolidate amid uncertainty within the global currency markets.
OIL rose towards $73 a barrel today due to a weaker US dollar and robust buying interest as investors looked for bargains following last week’s price slide to near two-month lows.
SASHA Naryshkine and Paul Theron from Vestact talk about why the South African market is so volatile at the moment.
THE JSE was firmer in midday trade today led by resources, which were buoyed by a weaker US dollar.
AT the end of the day you have to count cash, since that’s all you can spend.

Top Stories

MOBILE services provider Vodacom filed an amendment to the interconnection agreements today with the ICASA for its consideration and review.
IT was unconstitutional for the NPA to summon an ex-intelligence official to testify in Jackie Selebi’s trial without first informing the state security ministry, the ministry said in papers filed in the Constitutional Court in Johannesburg today.
TRANSPORT parastatal Transnet announced today it will sell bonds worth $2bn on the London Stock Exchange using its Global Medium-Term Note (GMTN) programme.
US company Forest Exploration International aims to produce enough gas at its South African offshore project to add up to 1500 megawatts to SA’s strained power capacity, a company official said.
TIMES of change, stress and challenge are opportunities to ask questions and challenge the status quo, says Harvard University president, Prof Drew Faust.
THE unemployment rate remained “virtually unchanged” at 24.3% for the fourth quarter of 2009, Statistics SA said today.
 
 
 

Latest Cartoon - View More


Comment
Columnists
Videos
Most Viewed
     

    Breaking News

    News
    World News
    Markets

    Key Indicators

     

    Resources



    RSS Feeds
     
    Opinion Poll
     
     
     
     

    Business Education


    Subscribe  |  Advertise  |  Contact Us  |  Register  |  SiteMap  |  NewsLetter

    Financial Mail   |  Summit TV   |  Bignews   |  Netassets   |  I-Net Bridge   |  Business Media in Education   |  Pearson Plc   |  Avusa

    BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of or reliance upon, in any manner, the information provided through
    this service and does not warrant the truth, accuracy or completeness of the information provided.
    online publishers association member Proudly Part of Avusa Privacy Policy
    Copyright © 2009 BDFM Publishers (Pty) Ltd. All Rights Reserved