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Rand weakens as market awaits risk signals from central banks

Beyond political risk to the rand, including pressure to nationalise the Bank, the scaling back of quantitative easing in Europe and the US could weaken the rand later in 2017, said Rand Merchant Bank analyst Isaah Mhlanga. A weak rand usually leads to inflationary pressures due to the increased cost …

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5 things for Thursday, July 20: Trump, McCain, health care bill, O.J. Simpson

5 things for Thursday, July 20: Trump, McCain, health care bill, O.J. Simpson – CNN.com ‘);$vidEndSlate.removeClass(‘video__end-slate–inactive’).addClass(‘video__end-slate–active’);}};CNN.autoPlayVideoExist = (CNN.autoPlayVideoExist === true) ? true : false;var configObj = {thumb: ‘none’,video: ‘politics/2017/07/20/trump-sessions-recuse-russia-2016-presidential-campaign-sot-ac.cnn’,width: ‘100%’,height: ‘100%’,section: ‘domestic’,profile: ‘expansion’,network: ‘cnn’,markupId: ‘large-media_0’,adsection: ‘cnn.com_us_5thingstoknow_videopage’,frameWidth: ‘100%’,frameHeight: ‘100%’,posterImageOverride: {“mini”:{“height”:124,”width”:220,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-small-169.jpg”},”xsmall”:{“height”:173,”width”:307,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-medium-plus-169.jpg”},”small”:{“height”:259,”width”:460,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-large-169.jpg”},”medium”:{“height”:438,”width”:780,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-exlarge-169.jpg”},”large”:{“height”:619,”width”:1100,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-super-169.jpg”},”full16x9″:{“height”:900,”width”:1600,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-full-169.jpg”},”mini1x1″:{“height”:120,”width”:120,”type”:”jpg”,”uri”:”//i2.cdn.cnn.com/cnnnext/dam/assets/170612131832-0612-trump-sessions-split-2-small-11.jpg”}}},autoStartVideo = false,callbackObj,containerEl,currentVideoCollection = [],currentVideoCollectionId = ”,isLivePlayer = false,moveToNextTimeout,mutePlayerEnabled = false,nextVideoId = …

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Northern Ireland economy grew by 0.3% in first quarter of 2017

Image copyright Thinkstock Image caption The economists predict a growth of just 1% in both 2017 and 2018 The Northern Ireland economy grew by 0.3% in the first quarter of 2017, official figures suggest. Output is measured using the Northern Ireland Composite Economic Index (NICEI), which is roughly equivalent to …

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TSB bank app to start using iris recognition technology

TSB is to introduce iris recognition as a way for customers to unlock the bank app and access their account, the first in Europe to use this form of biometric technology. From September, TSB customers with a Samsung Galaxy S8 and S8+ will be able to use the phone’s built-in …

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Metal, IT stocks pull Sensex down 73 points

Analysts say quarterly results likely to remain main driver Chennai, July 20:   The benchmark BSE index Sensex was trading down by nearly 80 points due to heavy selling in metal, IT, TECk and healthcare stocks amid positive global cues. However, realty, banking, power and capital goods stocks remained investors’ favourite. …

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JSE opens firmer as markets eye dovish rates messages from

The JSE opened firmer on Thursday as the market awaited rate decisions by the South African Reserve Bank and European Central Bank (ECB) later in the day. Rand hedges were supported by a marginally weaker rand while banks and retailers were up in risk-on trade. Naspers was up for a …

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Cover Story: Chinese investments may not pay off for Malaysia

ANNOUNCED railway and port projects with Chinese interest could be as large as 32% of Malaysia’s 2017 gross domestic product, spread out over the next 10 to 20 years, but questions remain over commercial viability, funding mechanism and growth spillovers of these projects. Here’s an excerpt of Citi Research’s take …

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Trump’s Misleading Health Care Remarks To Senate Republicans : NPR

President Trump speaks alongside Republican Sens. Dean Heller of Nevada (left) and Tim Scott of South Carolina during a meeting with lawmakers to discuss the health care bill in the State Dining Room of the White House on Wednesday. Saul Loeb/AFP/Getty Images hide caption toggle caption Saul Loeb/AFP/Getty Images President …

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Volvo Cars Plans Technology-Sharing Venture With Geely

STOCKHOLM — Sweden’s Volvo Car Group said on Thursday it would set up a joint venture with its Chinese parent to share existing and future technology with other brands in the Geely family. Volvo said the joint venture would be 50/50 owned with Zhejiang Geely Holdings, which also controls Chinese …

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