 | TOP STORIES |  | |
| Sasol Sticks With Its Crude Price Hedge | | By Siseko Njobeni, 25 Nov 2008, 10:59 AM | | Petrochemicals group Sasol last week said it had no intention of "closing off” the crude oil hedge on part of its synfuels production in the light of falling international crude oil prices. |
| Harmony Bullish On Gold's Future | | By Charlotte Mathews, 25 Nov 2008, 10:25 AM | | Harmony Gold Mining's management was bullish about prospects for the gold mining industry, both in South Africa and Papua New Guinea, as the gold price had risen in almost all currencies except the dollar and yen, Harmony CEO Graham Briggs said yesterday. |
| Commercial Real Estate - The Next Shoe to Drop | | By Olivier Garret, Casey Research, 25 Nov 2008, 09:18 AM | | The residential real estate sector is in shambles and, some economists say, will not recover until the end of 2010, at the earliest. Now it looks like commercial real estate may be the next block to fall in our "Jenga economy.” |
| The Buck Stops...Where? | | By Jon Nadler, Senior Analyst, Kitco Bullion Dealers, 25 Nov 2008, 09:10 AM | | Following yesterday's add-on rally, gold turned lower and headed back toward the $800 level. The metal fell to a low of $802 overnight as the dollar recovered and as oil gave up a good portion of its own gains from Monday. At the open, bullion was quoted at a better level of $816.00 per ounce, showing a loss of only $5.50 per ounce. Volatility will remain at center-stage, as there is plenty of data to digest (and profits to bank). |
| An Inconvenient Truth | | By Staff, 25 Nov 2008, 10:29 AM | | When Water Affairs and Forestry Minister Lindiwe Hendricks said in Parliament this year that South Africa (SA) was not facing a water crisis, we believed her. We had to. The electricity crisis had brought the country to the brink of economic disaster, and no one was in the mood for any more doom and gloom. |
| Buy Low And Sell High Is A Destructive Myth | | By Michel Pireu, 25 Nov 2008, 11:05 AM | | Buy low, sell high. This myth is the granddaddy of them all. In the subject of investing, probably no more destructive misconception has ever been conceived than the idea of buying low and selling high. |
| Quo Vadis Islamic Finance? | | By Heiko Hesse, Andreas Jobst, and Juan Solé, 25 Nov 2008, 01:00 AM | | This article discusses current trends in Islamic finance, which accounts for more than $800 billion worth of assets worldwide. The industry faces a number of challenges, including economic and legal bottlenecks, banking concerns, and unharmonised financial regulations, but most of them arise from the industry's infancy. Islamic finance's long-term prospects seem promising. |
| Carbon, Trade Policy, And Carbon Free Trade Areas | | By Yan Dong and John Whalley, 25 Nov 2008, 11:46 AM | | Trade and environmental regimes may need to be more closely linked in a post-Kyoto world. This article discusses trade policy initiatives' potential contribution to global carbon emissions reduction and the potential impacts of proposals for carbon-reduction-motivated geographical trade arrangements. It suggests that the need to link environmental and trade policy may render the WTO obsolete. |
| Doha Round Of Trade Talks Ready To Resume | | By Mathabo le Roux, 25 Nov 2008, 10:40 AM | | The Doha round is on again. World Trade Organisation (WTO) director-general Pascal Lamy has set a date for trade ministers to meet between December 10 and 19 to try to thrash out a multilateral trade deal. |
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