WORLD BUSINESS & ECONOMY

Moody’s says land, mining reforms uncertainty threaten South African growth

International rating agency, Moody's, on Tuesday said uncertainty around land and mining reforms might hinder South Africa's growth. Moody's analyst…

Gold price nears 2018 low despite dollar easing

Gold futures slipped on Monday, with the precious metal sticking to the mostly downbeat trading theme for June even as…

China cuts reserve requirement ratios by 50bps to boost credit supply

China is set to lower some banks' reserve requirement ratios (RRR) by 50 basis points on July 5, the country's…

Impact of EU tariffs on US manufacturers estimated at $100m p.a. as Harley-Davidson plans production outside US

Motorcycle maker, Harley-Davidson said it will shift production of EU-bound motorcycles away from its US-based manufacturing sites as a result…

Turkish lira rallies on results of weekend election as Yuan weakens to lowest level in six month on trade war fears

The Turkish lira rallied sharply in early trade Monday, following the news that Turkish president, Recep Tayyip Erdogan, has won…

Airbus may leave UK without Brexit deal

European Plane maker Airbus has issued its strongest warning yet over the potential impact of Britain’s departure from the EU,…