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13/12 Steinhoff International Holdings NV said on Wednesday its consolidated financial results for 2016 will have to be restated and "can no longer be relied upon".  Full story
13/12 South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing U.S. inflation data, with local market focus still on the ruling African National Congress (ANC) conference starting this weekend to pick a new party leader.  Full story
13/12 South African state pension fund, PIC, the second-largest investor in Steinhoff said on Wednesday it would ask for a seat on the board committee investigating accounting irregularities at the South African multinational retail group.  Full story
08/12 Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.  Full story
11/12 South African exchange operator JSE launched an investigation on Monday into whether Steinhoff broke disclosure rules, heaping pressure on the retailer as it tries to contain an accounting scandal.  Full story
12/12 South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.  Full story
13/12 South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing U.S. inflation data, with local market focus still on the ruling African National Congress (ANC) conference. . .  Full story
13/12 South African state pension fund, PIC, the second-largest investor in Steinhoff said on Wednesday it would ask for a seat on the board committee investigating accounting irregularities at the South African. . .  Full story
13/12 Revenue for the quarter increased to R30.9 million (R29.6 million) whilst gross profit increased to R11.4 million (R9.4 million). Profit and total comprehensive income attributable to the owners grew to R1. . .  Full story
13/12 South African retail sales rose by 3.2 percent year-on-year in October, lagging market expectations, after increasing by a revised 5.7 percent in September, data from the statistics office showed on Wednesday.. . .  Full story
13/12 South Africa's headline consumer inflation slowed to 4.6 percent year-on-year in November from 4.8 percent in October, data from Statistics South Africa showed on Wednesday.. . .  Full story
04h59 London metals were broadly higher on Thursday as the dollar fell after the U.S. Federal Reserve kept its rate outlook unchanged, while encouraging factory figures from China and Japan added to the rosier picture.. . .  Full story
04h25 Australia's antitrust regulator on Thursday blocked BP Plc's A$1.8 billion ($1.4 billion) purchase of Woolworths Ltd's petrol stations, even after the oil company offered to sell some stations to ease competition concerns.. . .  Full story
04h00 The finances of most South Korean households and companies are strong enough to cope even if borrowing costs were to rise by 100 basis points, the central bank said on Thursday.. . .  Full story
03h25 Gold inched up in early trade on Thursday as the dollar was nearly unchanged after tumbling in the previous session following the U.S. Federal Reserve's widely expected decision to raise interest rates, although it. . .  Full story
02h01 British house prices were flat for the first time in more than four years during the past three months, a closely watched industry survey showed on Thursday, as falling prices in London and nearby. . .  Full story
13/12 Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.  Full story
13/12 As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.  Full story
13/12 Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.  Full story
13/12 India's federal tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as its central bank has warned against dealing in virtual currencies.  Full story
13/12 A decade-long, post-financial crisis deterioration in governments' credit ratings looks set to end in 2018, S&P Global said on Wednesday.  Full story
13/12 Steinhoff International Holdings NV said on Wednesday that its 2016 financial results will have to be restated, because some of its European unit's 2017 balance sheet assets that are under scrutiny are also relevant to. . .  Full story
13/12 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.. . .  Full story
12/12 South Africa's rand weakened on Tuesday as an upcoming conference of the ruling African National Congress (ANC) party to pick a new leader and bets of higher interest rates in the United States kept investors. . .  Full story
12/12 South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter. . .  Full story
12/12 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.. . .  Full story
05h08 China on Thursday expressed its displeasure at complaints about the World Trade Organization by member nations unhappy with how the organization functions.. . .  Full story
04h51 Chicago wheat futures rose for a second session on Thursday with short-covering by investors while concerns over cold weather hurting the U.S. winter wheat crop underpinned the market. Corn and soybeans. . .  Full story
04h02 Chinese consumer lending firm Lexinfintech has slashed the size of its initial public offering to between $108 million and $132 million - a move that comes in the wake of a crackdown by Beijing. . .  Full story
03h54 U.S. lawmakers from states that produce corn for ethanol plants said on Wednesday they would consider proposals from Senator Ted Cruz of Texas to help the oil refining industry cope with the nation's biofuels regulation,. . .  Full story
02h26 Republicans in the U.S. Congress reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that, if approved, would be sent to President Donald. . .  Full story
04h50 The Australian dollar jumped to a five-week peak on Thursday after a stunningly strong jobs report rekindled the risk of a rate hike next year and put the squeeze on short positions.. . .  Full story
04h25 Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields.. . .  Full story
04h13 Australian employment surged past all expectations in November, rising the most in more than two years and extending a dream run of 14 straight months of gains, while the jobless rate remained near five-year. . .  Full story
04h06 Foreign direct investment (FDI) into China rose 90.7 percent year-on-year to 124.92 billion yuan ($18.90 billion), the commerce ministry said on Thursday.. . .  Full story
04h03 The World Trade Organization failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging U.S. criticism of the group and vetoes from other countries.. . .  Full story
13/12 The central bank of Mauritius said on Wednesday it expected the current account deficit to reach 5.1 percent of gross domestic product in 2017, up from 4.5 percent of GDP in 2016.. . .  Full story
13/12 The Botswana Stock Exchange (BSE) on Wednesday listed a 250 million pula ($25 million) bond for the International Finance Corporation (IFC), the exchange's first local currency bond issued by a non-resident. . .  Full story
13/12 Ghana consumer price inflation was roughly flat at 11.7 percent in November, compared with 11.6 percent in October, the statistics office said on Wednesday.. . .  Full story
12/12 Somalia's economic growth is expected to pick up next year and in 2019 after drought and security issues cut growth this year, the International Monetary Fund said on Tuesday.. . .  Full story
12/12 Access Bank Ghana shareholders have approved a programme of capital raising via bonds and rights issues worth 450 million cedis ($100 mln), the bank said on Tuesday.. . .  Full story
05h11 China's primary aluminium production fell for a fifth consecutive month in November, official data showed on Thursday, as the country's winter restrictions on smelters pushed output to its lowest since February 2015.. . .  Full story
05h11 China's central bank nudged money market interest rates upward on Thursday just hours after the Federal Reserve raised the U.S. benchmark, as Beijing seeks to prevent destabilising capital outflows without hurting economic growth.. . .  Full story
05h07 China's daily crude steel output slid in November to the lowest in nine months, government data showed on Thursday, as state-imposed curbs aimed at battling smog slowed production at mills in the northern part. . .  Full story
04h55 Japan's Nikkei share average erased earlier modest gains on Thursday to edge down, while telecommunications shares withered on news that online retailer Rakuten is weighing entry into the mobile carrier market.. . .  Full story
04h42 China's industrial output and retail sales grew at a steady pace last month, while fixed asset investment cooled slightly, reinforcing signs of a modest slowdown in the world's second-biggest economy amid a government crackdown on. . .  Full story
05h58 Oil markets rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week.  Full story
05h56 The dollar remained on the defensive on Thursday, having tumbled after the Federal Reserve raised interest rates as expected, but left its rate outlook for the coming years unchanged.  Full story
05h55 Growth in China's property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect.  Full story
05h31 Liberty House, the industrial and commodities group buying a number of steel assets around the world, is considering a bid for Rio Tinto's aluminium smelter in northern France, the largest in Europe, three sources with direct knowledge of the matter told Reuters.  Full story
05h19 Japanese online retailer Rakuten Inc said on Thursday it will apply for a fourth generation mobile carrier license, a move that if successful would see it become the country's fourth major wireless carrier.  Full story


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