Publication: BDlive

First reported Jul 11 2014 - Updated 12 hours ago - 1 reports

Global stock indices steady, yen stable as Portugal fears ease

NEW YORK — Major global equities markets steadied and the yen stabilised against the US dollar on Friday as worries about Portugal’s biggest bank eased.MSCI’s all world index, however, was still down 1.6% for the week, while the Standard & Poor’s 500 ... [Published BDlive - Jul 11 2014]
First reported Jul 11 2014 - Updated 21 hours ago - 1 reports

Israel calls up 33,000 troops as Hamas rockets cause injury

JERUSALEM — Israel called up 33,000 reserve soldiers and may bolster infantry brigades, intensifying its military campaign against Hamas as a rocket fired from Gaza seriously wounded an Israeli civilian for the first time.Two others were hurt on Friday ... [Published BDlive - Jul 11 2014]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

LETTER: Retributive justice vital

NOTWITHSTANDING the constitutional procedural extension of civil liberties to black citizens since 1994, the socioeconomic conditions of blacks have hardly changed. The phony reforms that occurred in South Africa for the past 20 years point to a dramatic ... [Published BDlive - 22 hours ago]
First reported Jul 11 2014 - Updated 22 hours ago - 1 reports

BUSINESS DAY TV: Outa ready to help citizens fight e-toll charges

WAYNE Duvenage is chairman of the Opposition to Urban Tolling Alliance.BUSINESS DAY TV: After wide-scale protests by Gauteng motorists, new Premier David Makhura today announced the names of a 10-member panel that will review the socioeconomic impact ... [Published BDlive - Jul 11 2014]
Entities: Citizen, Construction, SPELT
First reported Jul 11 2014 - Updated Jul 11 2014 - 3 reports

Rand tracks stable euro

THE rand tracked the euro on Friday afternoon, which was steady against the dollar, as jitters around a banking crisis in the eurozone region subside.At 4.31pm, the rand was at R10.7203 to the dollar from its previous close of R10.6936 on Thursday.Against ... [Published BDlive - Jul 11 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

In-store experience still trumps online buying in SA

WHILE South Africans are embracing online and mobile shopping, the in-store experience is as important as ever.About 46% of local shoppers, according to an Accenture survey released this week, still lean towards purchasing in-store and carrying home — ... [Published BDlive - Jul 11 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Reserve Bank likely to hold rates in July, Reuters poll shows

THE South African Reserve Bank will wait until September before raising interest rates to give lacklustre economic growth a boost, despite inflation being above its target, a Reuters poll found on Friday.Eighteen of the 31 economists polled about next ... [Published BDlive - Jul 11 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 2 reports

JSE consolidates following European banking jitters

THE JSE was firmer at midday on Friday as bargain-hunting by investors helped trim losses made in morning trade.The local bourse, along with other global markets, tanked on Thursday on news that one of Portugal’s big banks, Banco Espírito Santo, had failed ... [Published BDlive - Jul 11 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 3 reports

De Kock case highlights need for more prosecutions

IN COURT papers in his application to compel the correctional services minister to make a decision on his parole, Eugene de Kock states that of all the perpetrators of apartheid’s horrors, he is the only policeman serving a sentence."Not one of the previous ... [Published BDlive - Jul 11 2014]
Entities: Parole, Crime, Desmond Tutu
First reported Jul 10 2014 - Updated Jul 11 2014 - 3 reports

Endorsing Motsoeneng appointment is ‘rational’

COMMUNICATIONS Minister Faith Muthambi is convinced that her endorsement of the South African Broadcasting Corporation (SABC) board to make the appointment of chief operating officer Hlaudi Motsoeneng permanent was "rational" as a law firm had cleared ... [Published BDlive - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

Oil slips to two-month low on slack US demand

LONDON — Oil fell to a two-month low under $108 a barrel on Thursday, extending its longest losing streak in four years, pressured by weak petrol demand in the US and the prospect of rising supply from Libya.Data showed an increase in US petrol inventories ... [Published BDlive - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

Rand weakens as investors flock to safety

THE rand was weaker against the dollar on Thursday afternoon after safe-haven buying, due to concerns over Europe’s banking system, stimulated demand for the dollar.The local unit was not alone, according to a Johannesburg currency trader, who said that ... [Published BDlive - Jul 10 2014]

Quotes

Philosopher Immanuel Kant used a debt metaphor to construe retributive justice as a necessary project: "Once upon a time in a desert, there was a group of people who dispossessed another group; with the passing of time the group that owed the other group wanted forgiveness without paying its dues. The demand of forgiveness to the exclusion of justice by the owing group led to a pandemonium due to its untenable ontological veracity."
"Wells Fargo) came in a little light, and while there was nothing really wrong with the quarter, it is one of the few banks that can be counted on to beat profit expectations and that didn’t happen" said Matthew Kaufler, portfolio manager at Federated Investors in Rochester, New York. Wells Fargo shares were down 0.9% at $51.35
"The common currency’s stability suggests that banking problems in Portugal, which hit nerves yesterday, are relatively self-contained" Dow Jones Newswires reported
"South African shoppers find purchasing via online and mobile more difficult than other markets. Consequently, after stores close, most shoppers will wait for the store to open the next morning to purchase from their retailer rather than buy online at that retailer’s website" the global consultancy firm said

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LETTER: Retributive justice vital [Published BDlive - 22 hours ago]
BUSINESS DAY TV: Outa ready to help citizens fi... [Published BDlive - Jul 11 2014]
Global stock indices steady, yen stable as Port... [Published BDlive - Jul 11 2014]
Rand tracks stable euro [Published BDlive - Jul 11 2014]
In-store experience still trumps online buying ... [Published BDlive - Jul 11 2014]
Reserve Bank likely to hold rates in July, Reut... [Published BDlive - Jul 11 2014]
Israel calls up 33,000 troops as Hamas rockets ... [Published BDlive - Jul 11 2014]
SA makes strong case to be home of Brics bank [Published BDlive - Jul 11 2014]
JSE consolidates following European banking jit... [Published BDlive - Jul 11 2014]
Rand trades in narrow ranges amid lack of fresh... [Published BDlive - Jul 11 2014]
Eskom secures R271.8bn of R300bn needed for exp... [Published BDlive - Jul 11 2014]
Mr Fixit aims to work his magic on platinum [Published BDlive - Jul 11 2014]
Miners follow gold price higher after Fed’s min... [Published BDlive - Jul 11 2014]
Shell builds on its gas-to-liquid technical edge [Published BDlive - Jul 11 2014]
Adcorp looks to emerging markets for growth [Published BDlive - Jul 11 2014]
Top shippers attempt new sharing deal [Published BDlive - Jul 11 2014]
Commerzbank expected to pay sanctions fine [Published BDlive - Jul 11 2014]
LETTER: Hold thugs liable [Published BDlive - Jul 11 2014]
LETTER: Motsoeneng lapdog, not watchdog [Published BDlive - Jul 11 2014]
LETTER: Missing motivator [Published BDlive - Jul 11 2014]
LETTER: Ramphele too holy [Published BDlive - Jul 11 2014]
LETTER: Flood the skills market [Published BDlive - Jul 11 2014]
JSE lower on Wall Street sell-off, global jitters [Published BDlive - Jul 11 2014]
BUSINESS DAY TV: SA economy must break cycle of... [Published BDlive - Jul 11 2014]
BUSINESS DAY TV: At what point will South Afric... [Published BDlive - Jul 11 2014]
Outa calls for prosecution of nonpayers to be h... [Published BDlive - Jul 11 2014]
UK public sector workers stage 24-hour strike [Published BDlive - Jul 11 2014]
Rand likely to remain range-bound into the weekend [Published BDlive - Jul 11 2014]
De Kock case highlights need for more prosecutions [Published BDlive - Jul 11 2014]
Soni fails to set new deadline as SIU’s Nkandla... [Published BDlive - Jul 11 2014]
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