Primus working on exits, new fund
News from Emerging Markets
Fitch - the only of the three major rating agencies to have a negative outlook on SA's sovereign credit rating - is likely to downgrade the country in December‚ Barclays Africa economist Peter Worthington said on Wednesday.
Rating agency Standard & Poor's on Wednesday marginally raised its forecast for Turkey's economic growth this year to 3.1 percent from 3, but was more cautious for 2016, cutting its expectations to 2.8 percent from a previous 3.2.
Argentina claims sovereignty over the Falkland Islands, which Latin Americans call the Malvinas and are under British control.
Venezuelan crude exports to the United States declined 10 percent in September versus the previous month due to lower sales of heavy and medium grades to some of regular customers, according to Reuters trade flows data and PDVSA trade documents.
Section: Business News - The gold price in Hong Kong went up 2 HK dollars to close at 10,522 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to USD1,135.26 a troy ounce, up 0.22 U.S. dollars at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.
Bishkek (AKIpress) - During the first week of October 2015, 1 kg of mutton on the bone on average cost 4,860 MNT in Mongolia, while beef on the bone was sold for 6,690 MNT per kg. This week the price of beef on the bone decreased by 0.8%, while the price of boneless beef decreased by 9%, reports GoGo News Agency.