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Video: Jobs scarce, but stocks rise
November 8, 2009

Wall Street rallied 3 percent this week as a surge in the unmeployment rate to a 26-year high did little to dent economic recovery hopes.

SOUNDBITE: Aneta Markowska of Societe Generale

Conway Gittens, Reuters



     

 OPINION/ ANALYSIS
 Black Jack
BEE initiatives teach there are no free lunches
Of course, the bigger the discount the more onerous the terms of the deal for the black partner. So what may seem a free lunch is not really the case.[Full Story...]

 
 Features
Year of mixed fortunes ends with positive progress
Recent statistical releases show that job losses continued while gross domestic product (GDP) shrank for two successive quarters and technically South Africa entered a recession. [Full Story...]

 
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Taking stock as the gift of a new year is a few days away Festive Rhyme
AS WE approach that festive time, a little world and market rhyme (with apologies to Clement Clarke Moore)…[Full Story...]

 
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 NEWS BY SECTOR
 International
Baltic gas pipeline gets first German permit
The Nord Stream project said it was on track to start building a gas pipeline across the Baltic Sea after getting a crucial first German construction permit and Russian permits.[Full Story...]

 
 News
Shaik gets warning for parole violation
The department of correctional services has given Schabir Shaik a formal warning after he admitted violating his parole conditions.[Full Story...]

 
 International
China regrets WTO appeal ruling on cultural imports
China's Ministry of Commerce said it regretted the loss of Beijing's appeal against a World Trade Organisation ruling that its import monopolies violated trade commitments.[Full Story...]

 
 News
SA crude steel production up
Crude steel production in South Africa grew 43.4 percent year-on-year in November.[Full Story...]

 
 Finance
Rogue debt collectors surface in tough times
Many debt collection agencies and lawyers are abusing employer ignorance of garnishee orders to charge excessive fees and bend the law, a debt counselling firm claims.[Full Story...]

 
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