Sunday, May 20, 2012

Financial

Vehicle sales keep double-digit growth

Vehicle sales keep double-digit growthNew vehicle sales in all categories rose in August compared to a year ago, but a slowdown in sales growth is expected in the next few months....

Read more http://www.fin24.com/Economy/Vehicle-sales-keep-double-digit-growth-20110902

SABMiller seeks Foster’s accounts review

SABMiller seeks Foster’s accounts reviewSABMiller, which is in a $10bn takeover bid for Foster's, has asked an Australian watchdog to examine financial statements it claims are “misleading and deceptive”....

Read more http://www.fin24.com/Companies/Industrial/SABMiller-seeks-Fosters-accounts-review-20110902

US to sue banks over mortgage securities

US to sue banks over mortgage securitiesThe agency that oversees US mortgage markets is preparing to file suit against big banks accused of misrepresenting mortgage quality, a newspaper reports....

Read more http://www.fin24.com/Economy/US-to-sue-banks-over-mortgage-securities-20110902

Weak data point to US jobs doldrums

Weak data point to US jobs doldrumsThe recent batch of US economic indicators points to further weakness in the ailing labour market, ahead of keenly-anticipated monthly job statistics....

Read more http://www.fin24.com/Economy/Weak-data-point-to-US-jobs-doldrums-20110902

Rand stuck at R7 level

Rand stuck at R7 levelThe rand is softer and remains in the R7 barrier against the dollar, an area of key resistance as importers see levels attractive for accumulating dollars....

Read more http://www.fin24.com/Markets/Currencies/Rand-stuck-at-R7-level-20110902

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