With markets falling and prospects for world growth souring, everything should be in place to send the price of gold, the ultimate safe-haven asset, soaring.
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Investors
Rise of gold stalls on the dollar
- 02 October 2011
- Julien Girault/AFP
- Hits: 1448
- Section: Companies & Markets
Bitter labour dispute ends at India's Maruti
- 01 October 2011
- AFP
- Hits: 1463
- Section: Companies & Markets
India's leading carmaker Maruti Suzuki ended a bitter month-long labour dispute with workers on Saturday that cost the company millions of dollars in lost output.
Zambia's Konkola mine in $500 mln Standard Bank bridge loan
- 30 September 2011
- AFP
- Hits: 1399
- Section: Companies & Markets
South Africa's Standard Bank said Friday it has provided a $500 million (370 million euros) loan facility to Zambia's largest mining company, Konkola Copper Mines, a unit of London-listed Vedanta Resources.
South Africa Central Bank keeps repo rate on hold
- 22 September 2011
- REUTERS
- Hits: 1314
- Section: Companies & Markets
PRETORIA (Reuters) - South Africa's Reserve Bank left the repo rate unchanged at 5.5 percent on Thursday as expected, saying the depreciation of the rand posed an upside risk to inflation.
Nigeria stocks hit 3-month low, funds eye bonds
- 04 July 2011
- Reuters
- Hits: 1595
- Section: Companies & Markets
LAGOS, July 4 - Nigerian stocks languished at a three-month low on Monday, erasing all year-to-date gains as confidence in sub-Saharan Africa's second biggest equity market remained sluggish and funds switched focus to bonds.
