Andrew Heavens

2 days ago | gurutrade.com | Sfundo Parakozov |Alessandro Parodi |Andrew Heavens |Ed Osmond

JOHANNESBURG, June 25 (Reuters) - The South African rand was steady on Wednesday as investors digested the fragile Israel-Iran ceasefire that brought relief to rattled markets, and braced for key economic data from the world's largest economy. At 1501 GMT, the rand traded at 17.7825 against the dollar , a whisker away from Tuesday's close.

3 days ago | gurutrade.com | Kevin Yao |Andrew Heavens |Bernadette Baum

BEIJING, June 24 (Reuters) - China on Wednesday released guidelines aimed at using financial tools to boost consumption, with pledges to support employment and raise household incomes as part of broader efforts to bolster the economy. The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain to raise funds through stock market listings and other channels.

1 week ago | gurutrade.com | Linda Pasquini |Amanda Cooper |Andrew Heavens

June 20(Reuters) - Sterling gained slightly against the dollar on Friday but was set for a loss on the week as uncertainty over the Israel-Iran conflict fuelled demand for traditional safe havens such as the greenback. Weak UK retail data earlier in the session and the Bank of England's decision on Thursday to keep rates unchanged had little effect on the pound. Sterling was 0.2% higher at $1.3495 but eased 0.6% against the dollar on the week, after two consecutive weeks of gains.

2 weeks ago | zawya.com | Duncan Miriri |Andrew Heavens |Kirsten Donovan

NAIROBI - Afreximbank said on Tuesday the decision by Fitch ratings agency to put it on a negative outlook last week was based on a wrong interpretation of its founding treaty signed by its member states. Fitch downgraded Cairo-based Afreximbank's credit rating to BBB-, one notch above junk ratings, from BBB, citing high credit risks and weak risk management policies. It also placed it on negative watch, effectively attaching another downgrade warning.

2 weeks ago | gurutrade.com | Dominique Vidalon |Andrew Heavens

PARIS, June 10 (Reuters) - France must put its finances into order or face the risk of being placed under the supervision of the International Monetary Fund (IMF) or of European institutions, Budget Minister Amelie de Montchalin said on Tuesday. "Today, we need to seize the budgetary weapon again, get our house in order, and put it back in order, because if we don't, others will decide for us," Montchalin told RTL radio.