Business

Gold set for biggest weekly decline in five weeks

By The Frontier Post | December 14, 2018

BENGALURU (Agencies):Gold prices fell on Friday and were on track to mark their biggest weekly decline in five weeks due to a firmer dollar, as investor focus shifted towards an expected U.S. interest rate hike next week. Spot gold was 0.4 percent lower at $1,237.65 per ounce as of 0747 GMT. Earlier in the session, […]

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U.S. plans to counter expanding China, Russia influence in Africa

By The Frontier Post | December 14, 2018

WASHINGTON (Reuters): The United States plans to counter the rapidly expanding economic and political influence of China and Russia in Africa, where the two nations use corrupt business practices with little regard for the rule of law, according to prepared remarks on Thursday by U.S. national security adviser John Bolton. The United States’ No 1. […]

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South African rand strengthens in early trade

By The Frontier Post | December 14, 2018

JOHANNESBURG (Reuters): South Africa’s rand strengthened early on Thursday, as signs of easing Sino-U.S. trade tensions and expectations that China will step up efforts soon to aid its cooling economy supported investor appetite for riskier assets. * At 0640 GMT, the rand was 0.57 percent firmer at 14.0700 per dollar from an overnight close of 14.1500. […]

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