Capital & Money Markets

SINGAPORE (AP) — Stocks fell sharply in Europe on Friday after surveys showed manufacturing in the region slowed in March and amid news that the European Union offered only a brief extension to the Brexit […]

LONDON (Reuters) – Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism. In one of the first […]

Currency reforms undertaken by Zimbabwe during Third Quarter of 2018 have left Old Mutual Limited, the holding company of Old Mutual Zimbabwe counting losses, the company’s latest results published Monday reveal. The South African insurance […]

NEW YORK (Reuters) – Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one […]

SINGAPORE (AP) — Shanghai led a retreat in world markets on Friday amid worries that the U.S. and China may not be as close to a trade deal as President Donald Trump has suggested. Selling […]

HARARE (Reuters) – Zimbabwe’s central bank governor denied on Thursday that the central bank had fixed the exchange rate of its new transitional RTGS currency and said it would let the market decide its value. […]

Market analysts expect a self-correction of the price of stocks listed on the Zimbabwe Stock Exchange (ZSE) following the establishment of the real time gross settlement dollar (ZWR) and floating of the exchange rate. Since […]

HARARE – Foreign investors on the Zimbabwe Stock Exchange are likely to take a huge foreign exchange loss on their investments, but at least they can now have their money back following a new directive […]

Reserve Bank of Zimbabwe governor John Mangudya said that the bond note did not fail. When Mangudya introduced the surrogate currency in 2016, he promised to resign if it failed. Speaking before the Tendai Biti-chaired […]

Zimbabwe’s currency devaluation last week has led to a more realistic exchange rate, yet thin trading implies the new official interbank market isn’t as free as officials suggested. The central bank announced on February 20 […]