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Europe

Greeks deciding ‘destiny’ in referendum, says Tsipras

Greek Prime Minister Alexis Tsipras votes at a polling station in Athens, Greece, on Sunday. Picture: REUTERS

Greeks vote in a tightly fought referendum to decide whether they are willing to accept worsening austerity in exchange for more bail-out funds

Middle East

Heavy US-led raids on IS Syria stronghold kill dozens

A man inspects damage from what activists said were barrel bombs dropped by forces loyal to Syria's President Bashar Al-Assad in Tafas town in Daraa, Syria, last week.  Picture: REUTERS

Thirty people, including six civilians, slain in some of US-led coalition’s heaviest air strikes yet

Asia-Pacific

Beijing police detain man over online stock suicide rumour

A stock investor checks prices in a brokerage house in Shanghai on Monday. China's market continued falling despite money-easing policies announced at the weekend. Picture: EPA

Chinese authorities arrest man arrested for allegedly spreading rumour online that a person jumped to their death due to China’s precarious stock markets

Europe

Greeks deeply divided heading into crucial vote

A protester sports the word 'no' in Greek on his forehead as he waves a Greek flag during an anti-austerity demonstration in Syntagma Square in Athens, Greece, on Friday.  Picture: REUTERS

Rival rallies lay bare deep divide heading into referendum that may decide the country’s future in Europe’s single currency

Asia-Pacific

China’s brokers band together to curb market plunge

A stock investor checks prices in a brokerage house in Shanghai on Monday. China's market continued falling despite money-easing policies announced at the weekend. Picture: EPA

China’s 21 largest brokerage firms say they will invest more than $19bn in the country’s stock markets in order to curb its precipitous fall over the last three weeks

Opinion

How I’d vote on Sunday if I were Greek

Picture: REUTERS

Faced with the devil and the deep blue sea, Greeks might do better to risk the latter of sovereign default and monetary sovereignty

Europe

Tsipras dismisses Europe’s warnings to Greece on vote

Greek Prime Minister Alexis Tsipras is seen on a television monitor while addressing the nation in Athens, Greece on Friday. Picture: REUTERS

Prime Minister Alexis Tsipras accuses European partners of blackmailing and issuing ultimatums to Greece

Markets

Grexit to test investor appetite for risky assets

Picture: THINKSTOCK

Greek exit from eurozone would probably dampen investor appetite for risky emerging market assets, writes Colleen Goko

African News

UN acts on horrendous situation in South Sudan

An elderly South Sudanese woman waits to be taken to a refugee camp as the humanitarian crisis in the country has deteriorated over the past couple of months with millions going without food and civilians being attacked by marauding soldiers. Picture: REUTERS/THOMAS MUKOYA

UN Human Rights Council to send monitors to conflict-ravaged South Sudan amid allegations of horrific abuse

A panoramic view of the Speicherstadt warehouse complex in Hamburg, Germany.  Picture: THINKSTOCK

Hamburg’s historic port warehouses win UN world heritage nod

UN cultural agency designates the ‘Speicherstadt’, the world’s largest historic warehouse complex, as a World Heritage site

Europe

Cameron mulls a second vote on Syria air strikes

British Prime Minister David Cameron. Picture: REUTERS

British prime minister asks legislators to consider whether Britain should join US-led air strikes against Islamic State militants in Syria

Americas

BP to pay $18.7bn for Gulf oil spill

A fire blazes aboard the mobile offshore oil drilling unit Deepwater Horizon on April 22 2010. Picture: EPA

Agreement between British oil major and US government comes on top of the $43.8bn BP has already set aside for criminal and civil penalties and cleanup costs

Americas

Weak US employment report puts damper on September rate hike hopes

A woman walks to enter a line for the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York.  Picture: REUTERS

US job growth slows in June and Americans leave labour force in droves, tempering expectations for September interest rate hike from US Federal Reserve

Europe

Tsipras looks likely to do what he said he would not do

Alexis Tsipras, Greece's prime minister, stands and speaks to lawmakers inside the Greek parliament in Athens, Greece, on Sunday. Picture: KOSTAS TSIRONIS/BLOOMBERG

Six months into his tenure as Greek prime minister, Alexis Tsipras has pushed country to brink of eurozone exit Greece, teetering on edge of financial maelstrom

Europe

Tsipras makes plea to voters as economy buckles

Pro-euro protesters hold Greek national flags during a rally in front of the parliament building in Athens this week. As politics and posturing continue, Greeks are divided between defiance and desperation over whether to reject austerity measures. Picture: REUTERS/YANNIS BEHRAKIS

Prime Minister Alexis Tsipras bends on day three of capital controls, rationing pensions and intense European pressure after expiry of Greece’s bail-out

Arts & Entertainment

Prince pulls his music from most online streaming services

Picture: AFP/ROBYN BECK

Pop icon Prince opens new chapter in fraught relationship with internet as he suddenly pulls his music from most streaming services

Opinion

LETTER FROM WASHINGTON: It’s not just about the flag, it’s about the banner

US President Barack Obama says removing the Confederate flag is not to insult the valour of fallen Confederate soldiers, but to acknowledge slavery was wrong


International companies


Asia-Pacific

Alibaba arm wants to become Chinese services juggernaut

Alibaba.com's head office in Hangzhou, Zhejiang Province, China. Picture: BLOOMBERG

Ant Financial Alibaba has designs on becoming all-round Chinese giant, is willing to let investors join in as it takes on entrenched state-run institutions

Europe

Electrolux set on buying all of GE Appliances

Picture: SIMON MATHEBULA

Swedish company defends bid for General Electric’s appliance unit after US justice department moves to block deal

Europe

General Electric butters up EU regulators over Alstom deal

Steve Bolze, CEO of GE Power & Water, is part of a team meeting European Union regulators over GE’s €12.4bn bid for French multinational Alstom’s energy unit. Picture: BLOOMBERG/AARON M SPRECHER

GE Power & Water chief Steve Bolze likely to call for a broader assessment of the sector to take into account Chinese rivals, which the commission has excluded from its review of competition

Orange. Picture: BLOOMBERG/DAVID RAMOS

Orange is open to share sale of African, Middle Eastern business

Orange SA says it remains open to selling shares in Africa and Middle Eastern unit or bringing in strategic or financial partner as phone company reviews options for region

Europe

Eyebrows raised as ECB adds assets to its purchase plan

'No' in Greek at the European Central Bank in Frankfurt. The bank has added assets to its liquidity programme and has the flexibility to make such adjustments to curb Greek-inspired volatility.  Picture: REUTERS/RALPH ORLOWSKI

The central bank is seeking to foster lending in the eurozone as the crisis in Greece roils markets across the region

Europe

Economics is for people, says Piketty

Thomas Piketty. REUTERS/CHARLES PLATIAU

Rock-star writer is keen to escape limelight, writes Anne-Sylvaine Chassany

Europe

IMF warns of huge financial hole as Greek vote looms

Picture: REUTERS

International Monetary Fund says Greece needs extra €50bn over the next three years, including €36bn from its European partners, to stay afloat

Americas

Obama takes time to enjoy ‘gratifying’ week

People along 5th Avenue during the annual 2015 New York City Pride March in Manhattan, USA, on June 28 2015. Gay and lesbian couples in the US have a constitutional right to marry in all 50 states, the Supreme Court ruled on June 26 2015. Gay rights activists and US President Barack Obama declared it 'a victory for America'. Picture: EPA/JOHN TAGGART

Legalisation of gay marriage, healthcare law, Congress passing legislation crucial to Pacific trade pact make for momentous week for President Barack Obama

Europe

Helios looks for investment partners

Helios chief operating officer Henry Obi says its Fund III has more than $800m looking for a home. Picture: FREDDY MAVUNDA

Africa-focused private equity firm 'well placed to share knowledge with South African companies' and has about $800m to invest in businesses in Africa

Americas

BP to pay $18.7bn for Gulf oil spill

A fire blazes aboard the mobile offshore oil drilling unit Deepwater Horizon on April 22 2010. Picture: EPA

Agreement between British oil major and US government comes on top of the $43.8bn BP has already set aside for criminal and civil penalties and cleanup costs

Europe

Anglo planning job cuts as investors push for bolder overhaul, sources claim

Anglo American CEO Mark Cutifani. Picture: REUTERS

Anglo American planning to cut staff at head offices around world in effort to respond to commodity price rout , sources csay

Europe

European firms feel Aegean waves

Picture: THINKSTOCK

Greece’s turmoil ripples across corporate Europe as market rout sabotages planned bond sales and stock offerings

Europe

Greek pensioners besiege banks to grab cash

Pensioners waiting outside a closed National Bank branch and hoping to get their pensions, argue with a bank employee in Iraklio on the island of Crete, Greece, on Monday.   Picture: REUTERS

In chaotic scenes, thousands of elderly Greeks besiege nation’s crisis-hit banks, which reopened to allow them to withdraw vital cash from state pensions

Europe

Record 137,000 refugees and migrants cross Mediterranean this year, says UN

Hungarian riot police guard a metal fence that surrounds hundreds of refugees after riots broke out at a refugee camp about 220km east from Budapest, Hungary, on Monday. The United Nations said on Wednesday a record 137,000 refugees and migrants crossed the Mediterranean into Europe this year. Picture:  AFP PHOTO/STEVEN DEBORA

Numbers flooding across the Mediterranean — aided by brutal human traffickers — swell 83% compared with the first six months of 2014

Asia-Pacific

At least 116 dead in Indonesian military aircraft crash, officials say

Indonesian rescuers extinguish a fire after a military plane crashed while they search for victims in Medan, North Sumatra, Indonesia, on June 30 2015. At least people 20 were killed when a military transport plane crashed into a residential area of Indonesia's Medan city and burst into flames, a hospital staffer said. The Hercules C-130 plane was carrying 12 crew members and an unknown number of passengers, according to local military commander Dwi Putranto. Picture: EPA/DEDI SAHPUTRA

At least 116 people are killed when airforce transport aircraft crashes into major city shortly after take-off and explodes in fireball, officials say

Markets

Markets brace for 61-second minute

Picture: THINKSTOCK

Planet is slowing down, but clocks are not, so every few years one second is added, this will be first leap second during trading hours since markets went electronic

Europe

London Metal Exchange has plan to curb long delays

stock data business XXX   Picture: THINKSTOCK

World’s oldest and biggest market for industrial metals, the London Metal Exchange, seeks to bolster oversight of warehouses

Europe

Eurozone readies for Greek default after Tsipras referendum call

Wolfgang Schaeuble. Picture: REUTERS/FABRIZIO BENSCH

Country faces a default that could push it out of the euro and cause ripple effects across the European economy and beyond

Middle East

Iran nuclear talks set to go beyond deadline as differences remain

Iran's Foreign Minister Mohammad Javad Zarif. Picture: REUTERS

Iranian Foreign Minister Mohammad Javad Zarif to leave Vienna and return to Tehran for consultations with the country’s leadership on the state of negotiations

Europe

Uber bosses to go on trial in wake of protests

The Uber logo is seen on a vehicle near Union Square in San Francisco, California May 7, 2015. REUTERS/ROBERT GALBRAITH

Uber France executives charged with ‘misleading commercial practices, complicity in the illegal exercise of the taxi profession and illegal use of private data’

Europe

EU urges Greece to vote ‘yes’ to euro

Alexis Tsipras. Picture: BLOOMBERG / KOSTAS TSIRONIS

European Commission makes last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept bail-out deal he has rejected

Europe

Capital controls mean Greeks can click, but not buy

Picture: THINKSTOCK

Imposition of capital controls means Greeks are no longer able to purchase goods, services from many international online suppliers including Google and Apple

Opinion

US rate hike not end of the world

Janet Yellen.  Picture: REUTERS

Rising rates in US and ensuing likely rise in value of dollar could, it is feared, wreak havoc among emerging markets’ governments, financial institutions, corporations and even households

International Relations and Co-operation Minister Maite Nkoana-Mashabane briefs the media after delivering her vote speech in Parliament on Tuesday. Picture: TREVOR SAMSON

SA repeats call for US to lift trade blockade against Cuba

Minister says SA 'joins all progressive and freedom-seeking nations' in calling for lifting of unilaterally imposed blockade against Cuba

Europe

Finance minister to quit if Greeks vote yes

A woman puts up referendum campaign posters with the word

Finance Minister Yanis Varoufakis says Greece will not ‘extend and pretend’ that it can pay its debts

Europe

BoE warns that Greek crisis is becoming dangerous

Tthe Bank of England in London. Picture: BLOOMBERG

However, Bank of England deputy governor Jon Cunliffe says there is no sign yet of Greek debt crisis spreading to other countries on periphery of eurozone

Americas

End Cuban embargo, pleads Obama

The Chief of Mission at the US Interests Section in Havana, Jeffrey DeLaurentis, left,  meets Cuban interim Foreign Minister Marcelo Medina in Havana on Wednesday, after the official resumption of relations between the two countries. Picture:EPA/ALEJANDRO ERNESTO

US leader needs significant political momentum to get an ambassador to Cuba confirmed by the Republican-controlled Senate or the embargo lifted

Opinion

As Greece crumbles, European dream sinks

The European Union has become its own enemy, trampling on the will of the people

Europe

Eurozone growth stays tepid but Asia perks up, data show

Asia’s largest economies show hints of healing but eurozone factory growth remains tepid

Europe

New Deutsche Bank CEO delays overhaul, warns staff to behave

John Cryan.  Picture: REUTERS

John Cryan delays implementing strategic overhaul by three months, but tells staff to expect tough reforms as he shakes up group he says has become too diversified

Europe

Tsipras stands firm on his opposition to bail-out

Alexis Tsipras, Greece's prime minister, stands and speaks to lawmakers inside the Greek parliament in Athens, Greece, on Sunday. Picture: KOSTAS TSIRONIS/BLOOMBERG

Defiant Prime Minister Alexis Tsipras urges Greeks to reject bail-out deal, wrecking any chance of repairing broken relations with European Union partners

Europe

Diageo offloads resort and golf venue

Picture: THINKSTOCK

Diageo sells Gleneagles Hotel to group led by private-equity firm Ennismore Capital

Americas

Tesla owners gripe over recharge waiting

Elon Musk.  Picture: REUTERS

Tesla owners’ superchargers are the equivalent of gas pumps to quickly recharge their battery-powered vehicles

Asia-Pacific

China vows to halt CO² emissions rise by 2030

Picture: THINKSTOCK

China formally committed to halting the rise in its emissions within the next 15 years

Asia-Pacific

No end in sight for China’s wild ride

A stock investor checks prices in a brokerage house in Shanghai on Monday. China's market continued falling despite money-easing policies announced at the weekend. Picture: EPA

Boom-and-bust stock market has become the norm, write Belinda Cao and Kana Nishizawa

Europe

Tsipras offers conditional green light to bail-out, but creditors sceptical

Alexis Tsipras. Picture: REUTERS/YANNIS BEHRAKIS

Greek prime minister writes to international creditors saying Greece could accept bail-out offer if several conditions are changed, but Germany says letter is too late

Europe

Greek banks to remain closed for a week after run on ATMs

Greek banks closed. Picture:  REUTERS/ALKIS KONSTANTINIDIS

Greece announces it will shut banks and impose capital controls, pleading for calm after citizens empty cash machines in dramatic escalation of country’s debt crisis

Americas

Landmark US Supreme Court ruling legalises gay marriage nationwide

Picture: THINKSTOCK

Court rules 5-4 that the constitution’s guarantees of due process and equal protection under the law mean that states cannot ban same-sex marriage

Americas

Solar-powered flight passes halfway point

Solar Impulse 2, a solar powered airplane attempting a round-the-world flight, flies over Nagoya Airport after taking off from the airport to Hawaii, at Toyoyama town near Nagoya, central Japan, on Monday morning. Picture: REUTERS

Solar Impulse 2 breaks its own endurance record as it crosses halfway point of perilous Pacific Ocean crossing as part of attempt to fly around the world

Europe

Sky mulls bid of £4.5bn for Formula One

Formula One commercial supremo Bernie Ecclestone. Picture: REUTERS

Bidders line up for one of the most valuable prizes in global broadcasting, but Grand Prix team chiefs have warned of empty seats, fewer television viewers and races increasingly dominated by a handful of drivers

Asia-Pacific

Revellers hurt in Taiwan party fire

People run from a blaze at the Formosa Fun Coast water park, on the outskirts of the capital, Taipei, in this still image taken from video shot at the scene. Picture:  REUTERS/MS HUANG

Investigators suspect coloured powder in sudden explosion and fire ball that engulfed nearly 500 young revellers

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  • All Share : 51967.0824
    Change: -0.48%
    Top 40 : 46355.5984
    Change: -0.58%
    Financial 15 : 16620.6125
    Change: -0.02%
    Industrial 25 : 67132.5513
    Change: -0.64%
    Resource 10 : 38668.9489
    Change: -1.03%
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  • FTSE 100 : 6630.47
    Change: 0.00%
    Dow Jones Industrial : 17757.91
    Change: 0.00%
    All Share : 51967.0824
    Change: -0.48%
    ASX All Ordinaries : 0
    Change: 0.00%
    S&P 500 index : 2077.42
    Change: 0.00%
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  • ZAR/USD : 12.3686
    Change: -0.42%
    ZAR/GBP : 19.2244
    Change: -0.43%
    ZAR/EUR : 13.6623
    Change: 0.08%
    ZAR/JPY : 0.1004
    Change: -0.99%
    ZAR/AUD : 9.2764
    Change: -0.09%
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  • N/A : 1173.3
    Change: 0.00%
    Platinum US$/oz : 1081.35
    Change: 0.00%
    Silver US$/oz : 15.74
    Change: 0.00%
    Palladium US$/oz : 684.35
    Change: 0.00%
    Brent Crude : 60.32
    Change: 0.00%
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