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Asia-Pacific

Despite good growth expected in Asia, Japan and China to slow

Picture: THINKSTOCK

The IMF says government stimulus measures, lower commodity prices and low unemployment will help drive regional expansion in Asia

Asia-Pacific

Australia cuts interest rates to record low

A sign on the Reserve Bank of Australia building in central Sydney. Picture: REUTERS

Rate cut is the first easing in a year as Reserve Bank of Australia seeks to restrain a rising currency and insulate the economy from creeping deflation

Europe

Lobby group leaks EU-US trade details

Volker Gassner of the environmental campaign group Greenpeace holds a copy of the leaked TTIP negotiations during a news conference in Berlin, Germany, on Monday. REUTERS/FABRIZIO BENSCH

European Union’s chief negotiator dismisses some of Greenpeace’s points as ‘flatly wrong’

Americas

US launches bid to save Syrian truce

US Secretary of State John Kerry (left) addresses the media after talks with United Nations Syria envoy Staffan de Mistura in Geneva, Austria, on Monday. Picture: AFP PHOTO/FABRICE COFFRINI

US’s John Kerry admits Syria’s conflict has spiralled out of control and blames the Assad regime for bombing hospitals

Americas

Brazil judge orders phone carriers to block WhatsApp message app

WhatsApp's logo on a smartphone. Picture:  EPA/RITCHIE B TONGO

Second ruling against the popular messaging application affects 100-million users

Middle East

Turkey makes ‘lot of effort’ for visa-free travel to EU

Activists rally with a banner 'Stop the deal, EU-Turkey, stop deportation!' during a protest in front of the Turkish Embassy against the agreement between the EU and Turkey on migrants in Rome, Italy, 01 May 2016. Picture: EPA/MASSIMO PERCOSSI

Turkey demands its citizens be allowed to enter EU’s Schengen zone without visas by June in exchange for it taking back European migrants

Middle East

Turkish police clamp down on unauthorised May Day protests

Anti-riot police attempt to disperse protesters at a May Day rally in Bakirkoy, a district of Istanbul, on May 1, 2016.
Picture: AFP/BULENT KILIC

May Day comes at tense time in Turkey after succession of deadly attacks this year blamed on jihadists and Kurdish militants

Opinion

Buffett offers spritely sage’s advice

The Sage of Omaha fears terrorist attacks most regarding Berkshire’s future prosperity, while shareholders worry about a post-Warren Buffett world

Europe

Boat migrants in Italy face shelters bursting at the seams and getting worse

Picture: EPA

More than 2,700 unaccompanied minors arrived in Italy during the first three months of the year, a four-fold increase on the same period in 2015

Europe

Helicopter crashes with 13 people aboard in Norway

Rescuers work at a site where a helicopter has crashed, west of the Norwegian city of Bergen April 29, 2016.   Picture: NTB SCANPIX/BERGENS TIDENDE/VIA REUTERS

A rescue service spokesman says the helicopter was completely destroyed, and no survivors had been found by late Friday

Lord Kenneth Baker is on a collision course with the UK's education department for insisting there should be vocational training for students with a more practical bent, says the  writer. Picture: ISTOCK

Lord Baker’s technical colleges tilt at classical curriculum

Miranda Green: Should there be a better technical career path from the age of 14 for young people of a practical bent?

Europe

UK’s Labour suspends former London mayor over Hitler remarks

Ken Livingstone. Picture: AFP PHOTO/JUSTIN TALLIS

UK Labour leader denies there is a crisis after former mayor Ken Livingstone is suspended in a row over anti-Semitism

Europe

Two appear in London court on claims of funding terror attack suspect

A picture taken on March 29 2016 shows tents at Brussels Airport, where authorities ran a series of tests to see whether makeshift check-in facilities were good enough to restart some flights. Picture: AFP PHOTO

Prosecutors says Briton Mohammed Ali Ahmed and Belgian citizen Zakaria Boufassil gave £3,000 to Mohamed Abrini last July

Asia-Pacific

Bitcoin founder confirms his identity ‘after unwanted attention’

Picture: ISTOCK

Australian entrepreneur Craig Steven Wright confirms his identity, but sceptics still abound

Europe

Taxi drivers disrupt traffic in Portugal in protest against Uber

Policemen walk near taxi drivers  during the demonstration against the use of Uber rideshare application in Lisbon, Portugal, 29 April 2016. Slow convoys are scheduled in the cities of Lisbon, Porto and Faro with more than 5000 taxi drivers asking for the suspension of the Uber service in Portugal. Picture:EPA/MARIO CRUZ

In Lisbon, thousands of taxi drivers with black ribbons and posters on their vehicles drove at snail’s pace through the city to parliament

Europe

Eurozone economy grows at quickest rate in five years

Picture: REUTERS

Eurozone growth doubled from the last quarter of 2015, beating even the most optimistic expectations on healthy household consumption and a rebound in investments

Europe

Russia keeps interest rate at 11%

Moscow. Picture: BLOOMBERG/ANDREY RUDAKOV

The rouble’s slide in January caused the central bank to halt its policy of gradual reduction of the base rate, which it cut four times last year from 17% to the current 11%

World

Astronomers identify rare star in a nebula in the Orion constellation

Picture: THINKSTOCK

Chinese historical records suggest the dwarf nova is what remains of a guest star that exploded more than 1500 years ago

Opinion

When advertising sells Brand Human

Powerfully simple #IamMuslim campaign cuts through all the floss and diatribe and bring people back to ground zero — we are all human


International companies


Europe

HSBC and peers post steep falls in profit as volatile markets hit trading

Picture: REUTERS

BNP Paribas bucks a trend seen first in US banks’ recent results, with Commerzbank’s profit diving more than 50% and UBS plunging nearly two-thirds

Retail & Consumer

MillerCoors shows first-quarter growth in total sales

Picture: RUSSELL ROBERTS

Total cost of goods sold per barrel are down, driven by lower aluminium and fuel prices, and supply chain cost savings

Asia-Pacific

Baidu search results policy questioned after cancer therapy failure

People sitting below a Baidu logo at the Baidu headquarters in Beijing. The head of Chinese search giant Baidu has been summoned by the country's authorities, reports said on May 3, 2016, as the firm faced a barrage of criticism over the death of a student who used it to search for a cancer treatment. Picture: AFP PHOTO / GREG BAKER

Student found treatment online and borrowed money to fund it, but when it failed, accused Baidu of ranking medical search results by the amount it was paid

Europe

Liberty to submit bid to buy British assets of Tata Steel

A picture taken on October 17 2015 shows the Tata Steel plant in Scunthorpe, northeast England, one of the assets on offer as Tata plans to sell its entire UK operation. Picture: AFP PHOTO

Metals group says it has a strong internal transaction steering committee and a panel of leading external advisers to take the bid forward

Picture: BLOOMBERG

Johnson & Johnson defends safety of its powder products

US court has ordered the company to compensate a woman who claimed using its powder products for feminine hygiene caused her ovarian cancer

Europe

BMW confident of achieving its full-year targets

Laguna Seca provided a perfect opportunity to experience the talents of the new M2.  Picture: BMW AG

German car maker forecasts slight increases, which means new record figures for sales volume and group profit before tax this year

Asia-Pacific

Testing scandal floors Mitsubishi

GRIM FUTURE:  Mitsubishi sold about 1-million vehicles globally last year, but sales in Japan have dived by nearly half since the scandal broke, and the damage to its reputation threatens to hammer its finances. Picture: REUTERS

The fuel-economy test cheating crisis at Japanese car maker Mitsubishi Motor is threatening to put the company into the ditch permanently

Americas

Web giants splash out on servers again

GAME ON:  A woman walks in front of a cloud-computing logo. Big web companies have started splurging again. Picture: REUTERS/FABRIZIO BENSCH

Only Google’s parent bucks trend of capex-growth rebound, writes Shira Ovide

Americas

Halliburton and Baker Hughes scrap merger

SPLIT:  Idle trucks and oil-production equipment is seen in a Halliburton yard in Williston, North Dakota. The second- and third-largest oil-service companies in the US decided to end their proposed merger. Picture: REUTERS/ANDREW CULLEN

Regulatory approvals and general industry conditions stymie merger plans of leading US oil-service firms

Americas

Roll-out of 5G to enable internet of things

CONNECTED: The rollout of 5G wireless technology will enable much more reliable communication with machines such as robots and driverless cars. Picture:REUTERS/GUSTAU NACARINO

Next mobile generation promises big opportunities, write Ian King and Scott Moritz

Middle East

Islamic State video of battle chaos belies portrayals of disciplined troops

Picture: REUTERS

Video recovered from a slain fighter shows panic and disarray, with a rifle accidently fired in an armoured vehicle, and rifles and munitions strewn across its floor

Americas

Big wins by Trump, Clinton give rivals little breathing room

US Democratic presidential candidate Hillary Clinton addresses supporters during a primary night event on Tuesday in Philadelphia after winning the Pennsilvania state primary. Picture: AFP PHOTO / EDUARDO MUNOZ ALVAREZ

Race now pivots immediately to Indiana, which is shaping up to be Ted Cruz’s best, and perhaps last, chance to slow Donald Trump’s momentum

Americas

Trump cries collusion over Cruz and Kasich pact

Republican US presidential candidate Donald Trump. Picture: REUTERS

Republican presidential rivals plan to concentrate their campaigns and resources in state contests they have a better chance winning

Asia-Pacific

Adele album was music to shareholders’ ears

Award-winning singer Adele spearheads growth in sales and operating profit at the Sony’s music division

Picture: ISTOCK

Patents not an obstacle to drug access

Much of the disquiet about drug patents is overblown — many of the drugs are not used by doctors in developing countries, writes Philip Stevens

Americas

Suspicious white powder found at Trump campaign headquarters

Police officers stand outside Trump Tower during an investigation of a suspicious white powder found inside the tower, according to fire fighters at the scene, in Manhattan, New York, on Thursday. Picture: REUTERS

The find comes after a threatening letter containing a granular substance was sent to Donald Trump’s son last month

Americas

Exceptional Apple finally feels gravity’s pull

Picture: REUTERS

Revenue drops for the first time since 2003 and China is only one reason, writes Shira Ovide

Markets

Bank of Japan rates announcement catches investors off guard

Picture: REUTERS

Markets now concentrate on how the Bank of Japan’s Governor Haruhiko Kuroda will explain the policy decision

Americas

Cruz names Carly Fiorina as his vice-presidential running mate

Senator Ted Cruz, (R) picked Carly Fiorina to be his vice presidential running mate if he secures the Republican nomination. Picture: LUKE SHARRETT/BLOOMBERG

Trump dismisses announcement as a ‘waste of time’ and a desperate attempt to save a failing campaign by an all-talk, no action politician

Opinion

Brics a useful object of romantic consciousness

Brics isn’t as much an economic bloc as it is a series of unconvincing, convenient excuses established on the lines of contempt for the West

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  • All Share : 52115.73
    Change: -1.59%
    Top 40 : 45711.4
    Change: -1.63%
    Financial 15 : 15062.09
    Change: -2.67%
    Industrial 25 : 69168.82
    Change: -0.96%
    Resource 10 : 31318.58
    Change: -2.75%
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  • FTSE 100 : 6168.66
    Change: -1.17%
    Dow Jones Industrial : 17891.16
    Change: 0.66%
    All Share : 52115.73
    Change: -1.59%
    ASX All Ordinaries : 5415
    Change: 0.00%
    S&P 500 index : 2081.43
    Change: 0.78%
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  • ZAR/USD : 14.4338
    Change: 1.12%
    ZAR/GBP : 21.1337
    Change: 1.14%
    ZAR/EUR : 16.736
    Change: 1.74%
    ZAR/JPY : 0.1363
    Change: 2.02%
    ZAR/AUD : 10.929
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  • Gold US$/oz : 1295.6
    Change: 0.36%
    Platinum US$/oz : 1079
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    Silver US$/oz : 17.5
    Change: -0.06%
    Palladium US$/oz : 616
    Change: -0.65%
    Brent Crude : 45.48
    Change: -0.87%
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