June 2009 - Local News

• The JSE Day

• U.S. Stocks Fall on Consumer Confidence Slump, Delinquency Data

• Analysts forecast mixed long-term future for ZAR

• SA May trade surplus R2.020bn (exp -R1.9bn)

• Wescoal headline earnings up 47.1%

• FNB/BER consumer confidence rises in Q2 2009

• FOCUS: SA faces stagflation challenge

• Buy a tutu, rambling De Villiers instructs critics of Springboks

• Warning: Britain faces new recession

• UK economy shrinking at fastest rate in more than 50 years

• Prospect of El Niño disruption blows crop prices higher

• Mobile phone giants to make European one-size-fits-all charger from 2010

• Aussie M&S recovery may signal better times for SA

• The JSE Morning

• INTERVIEW: Kristin Lindow from Moody`s

• The End of Retirement

• Oil At 8 Month High

• SA Money Supply and Credit Data:SA May PSCE rose 5.70% y/y (exp 7.9%)

• Naspers Annual Results

• Energy Stocks Boost Nikkei

• Bets on Recovery Bolster US Stocks

• `Evil` Madoff Gets 150 Years in Epic Fraud

• Mixed, Quiet, Routine: The JSE Monday

• China`s banks are an accident waiting to happen

• SA May liquidations up 6.8% y/y v 41.3%

• SA Stks Mid: JSE slightly up on rand strength

• PREVIEW: SA May trade balance seen at R1.9bn dfct

• Bulk export volumes dn 9.92% y/y May v –0.25%

• March tourist arrivals dn 12.5% y/y, dn 11.3% m/m

• AVI - Trading Update and Statement

• Fitch Comments on Anglo American/Xstrata Merger Proposal

• SA Stocks AM: JSE flat on strong rand

• SA FX AM: Rand looks to hold at 7.80

• The Das Blog 29/06/09

• Beige Trading Update

• Harmony to take over Pamodzi mine

• SA passes Confed test: now for 2010

• Nikkei Edges Up

• Anglo sends out SOS for chairman

• More brickbats than bouquets for interest rate decision

• Stocks Mixed in Hushed Market

• The Time to Tame Inflation Is Well Before It Strikes

• Rand on a Charge

• US Consumer Puts Hand In Pocket

• Fuel price to increase by 37-40c/l on July 1 (2)

• Hudaco interim HEPS down 14% to 343c

• ECO BUZZ: SA Budget deficit could exceed 5% of GDP

• SABMiller: Total beverage vol up 2% to 260m hl

• Gold Fields expects to produce 905,000oz in Q4 (2)

• PRESS: Xstrata`s bid `must benefit country`

• SA Stocks AM: Strong Dow gives JSE early rally

• SA FX AM: Rand opens stronger

• Reserve Bank`s MPC Statement

• Asian Stocks Follow Wall St. Higher

• Hawkish stance will stunt growth and endanger jobs, says angry Cosatu

• Has the Stock Market Hit a Ceiling?

• Japan`s core consumer price fall raises more deflation fear

• Dow Surges 172 Points

• DEATH OF A POP MUSIC ICON

• Dawie Roodt

• Surprise, Surprise: Rates UNCHANGED

• MARKET ALERT: Bonds weaken on rate decision

• SNAPSHOTS: Economists react to repo decision

• SARB leaves repo unchanged at 7.5% (2)

• Moody`s revising SA H2 inflation up

• SPI investment: proceed, but with caution

• Nersa to investigate Eskom`s primary energy costs

• Nersa allows Eskom to hike tariffs by 31.3% (3)

• SA Stks Mid: Resources lead downside on JSE

• FOCUS: Producer inflation expected to bottom in Q3

• Some SA banks face rating pressure: Moody`s

• Xstrata Cuts Out Middle Man In Anglo Pursuit

• JSE Sloppy In Early Trade

• SPECIAL FEATURE: Private Equity

• Producer Prices Fall Month-on-Month, Rise Annually

• BRICs, emerging markets and the world economy

• Sasol: Long Oil Slick

• Avusa`s Annual Results

• Buffett, Roubini discuss the economy: Video

• Buying Like Buffett Beats Investing With Him Amid Stock Rebound

• Asian Stocks Rise on Growth Optimism

• Fed Douses Speculation on Purchases, Urges Investors to ‘Relax’

• Stocks End Mixed as Fed Holds

• FOCUS: SA inflation remains sticky at 8%

• Lower CPI creates room for rate cut: Solidarity

• SA 08/09 fifth maize forecast up to 11.604m tons

• ANALYSIS: SA bonds dance to their own tune

• SEACOM Update: 1 Month Delay

• JSE Midday

• Transnet net profit R4.528bn vs R4.530bn

• OECD Raises Economy Outlook for First Time in Two Years on U.S.

• Dollar Weakens Before Fed’s Statement; Metals, Stocks Rebound

• Consumer Price Inflation Remains Stubborn

• SNAPSHOTS: Economists react to the CPI data

• SA Stocks AM: JSE up on resources, gold comeback

• Graph of the Day

• Chinalco, Vale named as Anglo`s new suitors

• RMBH Trading Statement

• Lonmin furnace closure leaves 20,000oz unprocessed

• SA FX AM: Rand in ranges, awaits CPI

• Weekly Comment

• AUDITED PROVISIONAL RESULTS FOR THE YEAR ENDED 31 MARCH 2009 AND CAUTIONARY ANNOUNCEMENT

• Gordhan on Growth

• Currency, culture, Confucius: China`s writ will run across the world

• Russia Targets Africa

• Asian Stocks Rise, Led by Technology Shares

• Warren Buffett`s Portfolio, Now Within Reach

• Stocks on Hold as Fed Meets

• U.S. Stocks Retreat as Boeing Leads Decline in Industrials

• SA FX Rev: Rand perks up slightly as dlr falters

• SA Q1 formal employment dn 2.1% q/q v +0.3%

• PREVIEW: SA May PPI seen at –2.0% y/y vs +2.9%

• Solidarity backs Anglo rejection

• No return to mining monopolies, says Shabangu

• Telkom cost cutting: no sacred cows

• SA Stks Mid: JSE slips on banks and resources

• SA Q1 formal employment dn 2.1% q/q v +0.3% q/q

• Anglo-Xstrata tie-up still makes sense: Nomura

• RMB earnings expected to be down 50%-55%

• Chronic uncertainty has not yet run course: SIM

• Remgro offers 1 share for every 6.25 VenFin shares

• Iliad interim HEPS/EPS expected 65-75% lower

• Stocks AM: Dismal Dow knocks local bourse 362pts

• Omnia shines – Frost & Sullivan

• Omnia FY HEPS up 54% to 1114.2 cents

• SA Credit AM: Yield tug-of-war continues

• Nomura: Anglo/Xstrata

• FNB Subscriptions - Yet another rate cut as prime heads for 10%

• A Tale of Two Depressions - John Mauldin`s Outside the Box E-Letter

• SA FX AM: Rand weakens in early trade

• Economic Data Preview June 2009

• Markets Fall on Growth Fears

• Telkom HEPS from cont. ops down 45.9% to 557c

• Sovereign Food makes significant Q1 recovery

• Telkom must deliver now – Frost & Sullivan

• SA Grains: Maize ends in the red on CBOT

• SA Stks Mid: JSE slips lower on metals, world mkts

• FX Midday: Rand softer amid stronger dollar

• Apr leading economic indicator 106 v 104.6 Mar

• Comments from Frost & Sullivan metals & mining analyst Wonder Nyanjowa

• SA Stocks AM: Resources give JSE firm boost

• SA FX AM: Rand drifts weaker in early trade

• BSI Steel dil HEPS 14c vs 14.9c

• SA Today: Key events to watch, Jun 22

• Springboks v Lions: Clash of cultures

• The bottom is near but a long, hard slog lies ahead

• South African Economy to Contract 1.5% in 2009, World Bank Says

• Anglo/Xstrata Video

• Asian Stocks Rise on Growth Optimism

• The Pause Before the Storm?

• Dow Down On Day, Week

• Mood of lenders `is improving`

• Anglo American Prepares Its Defences

• `2010 will be better, but it won`t be brilliant`

• SA FX Rev: Rand firmer on rise in risk appetite

• Why our equity fund lagged the market – Allan Gray

• Trade Shrinks, but Foreign Investment Is Recovering - Moody`s Economy.com

• Graph of the Week

• Cullinan Holdings Interim Results

• SA Stocks AM: JSE edges up on bargain hunting

• Asian Stocks Advance on U.S. Economic Reports, Weakening Yen

• No Buffet for Berkshire Market Makers

• Will Commodity Investors Have Summer Fun?

• Hot, wet and costly

• Stock Futures Discount Lowest Since ‘07 as Credit Freeze Fades

• Banks Shine In Mixed US Market

• Twin Threat: Jobless Rate, Deficit

• U.S. Fortifies Hawaii to Meet Threat From Korea

• SASOL Trading Statement

• F1? F... Off!

• JSE EQUITY FUTURES CLOSE-OUT

• SA MARKET WRAP: Thursday June 18

• Naspers FY HEPS expected to be 15-25% lower

• Motor trade sales down 14.9% for 3 mos ended April

• ONE OF THE WORLD’S LARGEST UNMINED MANGANESE DEPOSITS CONFIRMED

• SA Stocks Mid: JSE flat, eyes US for direction

• SA Apr w/sale trade sales –15.1% y/y vs Mar -5.7%

• SNAPS: Economists react to current account data

• South African Reserve Bank Quarterly Bulletin

• FOCUS: Synchronised trade contraction weighs

• Futures Close-Out Preview

• BER Manufacturing Survey Results, 2nd Quarter 2009

• SA Stocks AM: JSE Edges Up On Resource Recovery

• SA FX AM: Rand Still In Ranges

• SA Credit AM: Bonds Steady; Eye SARB Data

• US Stocks Sputter To Flat Finish

• Asian Stocks Fall on Valuation Concern

• World Bank Raises China 2009 Growth Forecast to 7.2%

• Further doubt on Zuma job targets

• Low prices punish emerging markets

• Morning Markets

• SA Today: Key events to watch, Jun 18

• Recessionary data horrific but moderating

• Simmers` Annual Results

• SA Stks Rev:Resources, Profit Taking Keep JSE Down

• First Uranium FY Loss Narrows To US$16.3m

• S&P Rating Reflects Confidence: Treasury

• Rand Shows Strength, In Ranges

• Retail Data May Spur 100bps More In Cuts

• FOCUS: Weakest Retail Data In A Decade

• Transpaco FY HEPS/EPS Expected 70%-80% Higher

• SA Grains: Weaker CBOT Prices Pressure Local Maize

• Keaton Gets 20-yr Mining Right For Delmas Project

• Transnet Declares Turn-Around Strategy Successful

• Apr Building Plans Passed dn 28% vs dn 24.7% (2)

• News Briefs Wednesday 17th June 2009

• SA Stocks Mid: JSE Extends Losses On Profit Taking

• Standard & Poor’s Affirms SA Rating; Negative Outlook Remains

• SA Apr Retail Trade Sales -6.7% y/y vs -5.3%

• F1 Budget Talks Break Down

• Pharma outlook neg despite fundamentals: Moody`s

• Gold in Vending Machines

• Gold:It Just Can`t Break $1,000

• Economic Overview June

• How hedge fund wives are learning to cope

• BAT Acquires Control of Indonesia`s Bentoel

• Bad News, Bullish Dollar?

• Two Days of Falls Has Bear Essentials

• Dow Slides Again: 107 Points Down

• Asian Stocks Fall for Third Day on Growth Concern

• Mboweni standoff obscures key issues

• The Morning Rand

• SA Today: Key events to watch, Jun 17

• SA FX Rev: Rand Remains Range Bound Against Dollar

• MKT TALK: Terminal Repo Rate Likely 7%, not 6.5%

• Metorex Reports Record Production Levels At Ruashi

• SA Grains: Local Maize Futures Track CBOT Lower

• PREVIEW: SA Q1 curr acct dfct seen –5.9% v –5.8%

• SA Stocks Mid: JSE Lower In Line With Europe, Asia

• News Briefs Monday 15th June 2009

• FX Midday: Rand Tad Weaker On Stronger Dollar

• ECO BUZZ: Watch Uptick In Commodity Prices

• May Oobarometer Shows House Prices Down 0.5% y/y

• SA Stks AM: JSE Opens Lower, No Fireworks Expected

• Simmers Raises R289m In Share Placement

• Uranium One To Acquire 50% Stake In Karatau Mine

• Investors Turn Guns On Anglo American Chief

• SA Credit AM: Odds Favour Slightly Firmer mkt

• SA FX AM: Rand Range Bound

• WHAT TO WATCH TODAY

• Aspen Clarifies Relationship With Frankel

• Mining Resumes At Platmin`s Pilanesberg Mine

• Lonmin`s Number One Furnace Shut Down

• Dow Industrial Average Erases 2009 Decline on Economic Recovery

• Zuma Hits At Strikes Worsening Economic Situation

• Brikor Diluted H`Line Loss p/s 3.9c vs HEPS 12.8c

• Neotel: Sea Cables To Trigger Off a New Economy

• SA Stocks Mid: JSE Weakens On Profit taking

• News Briefs Friday 12th June 2009

• NUM slams Manuel for "dishonest utterances"

• SA money market divided 50/50 on June cut

• Zim Promises Investment Deal Signed By Month End

• FOCUS: Fixed Income Yields Re-mark Aggressively

• U.S. Bond Sell-off Putting Pressure on Other Parts of the Economy

• The Green Revolution: Good News From Africa

• ABSA Sells Its 50% Stake In Angolan Bank

• SA Stocks AM: JSE Opens Flat On Strong Rand

• SA Credit AM: Rand below 8 provides an underpin

• Unions Threaten To Strike Over Gold Sector Wages

• FOCUS: Fixed income yields re-mark aggressively

• WHAT TO WATCH TODAY

• Banks Approach Critical Level

• SA FX AM: Rand back below R8/$ on softer USD

• FRIDAY 12th:WHAT TO WATCH FOR

• SA MARKET WRAP: Thursday June 11

• Manuel calls SA business leaders `cowards`

• SA FX Rev: Rand range bound post US data

• SA Credit Review: Bonds wedged in moribund range

• US retail sales up for first time in 3 months

• Gold glitters most in S&P Fund Services’ First Quarter Global Sector Funds Survey

• Standard & Poor`s Urges Need For Consistency In Regulating Ratings Firms

• R10 Billion Ponzi Scheme Uncovered

• SA Grains: Maize Ends In The Red On CBOT

• New Oxford study finds aviation contributes US$10bn to African GDP -could support 6 million African jobs over next 20 years

• SA Stks Mid: JSE flat, awaits US data

• Credit Mid: Bonds maintain firmer tone; eye rand

• FX Midday: Rand steady on euro, eyes US data

• Equities enter less fearful terrain

• Treasury Bond Yields Jump Again; Mortgage Rates Top 5.5%

• IEA sees start of recovery in oil demand

• Absa Cap, Plexus launch SA`s 1st sector eRAFI™ ETF

• United accept Ronaldo offer:R1bln+

• U.S. Dollar’s Role as Reserve Currency May Slip, Roubini Says

• Stock Crash Possible This Year: Video

• Mineral sales down 16.2% y/y in March

• Mining production For April Down 10.6% y/y

• SA Stks AM:JSE Opens Flat Amid Mixed Asian Markets

• SA FX AM: Rand Range Bound Ahead Of US Data

• SA Credit AM: Yields Better Bid As Economy Falters

• AECI sees interim HEPS 55-75% lower

• Firestone Energy in talks, trade halted

• BP Warns On Oil Demand

• Britain Heading Out Of Recession

• Never Short a Dull Market

• How Traders Killed Value Investing

• Treasury Sale Trips Up Stocks

• Amecor Results

• Rand Daily Mail

• Thursday`s Diary

• Oil at $71 as Markets Rebound

• Asian Stocks Rise on Profit Optimism

• Chinese Investment Surges, Countering Record Export Slump

• SA Credit Review: Bonds Better Bid, But Eye Rand

• SA Stks Rev: Resources Give JSE Firm Close

• Emerging Markets Defy The Odds With 5.65% Return

• Sekunjalo in for Pamodzi

• The Future Of The Financial System – Lessons For SA From World Economic Forum Report

• Financial Institutions Must Chart New Course

• Basil Read Splashes Out R345.5m On Group Purchase

• Naspers Subsidiary To Acquire Polish finl Portal

• African countries warned against protectionism

• Manufacturing Stats Shocker: SA Isn`t Working

• Courts rules De Beers must reverse retrenchments

• SA Grains: Maize edges up ahead of US report

• Transnet responds to "sensational report"

• IFA Cautionary Announcement

• SA Stks Mid:Resources continue to give JSE support

• News Briefs

• Fitch Affirms Eskom; Changes National Rating Outlook to Stable

• China Car Sales Jump ‘Beyond Imagination`

• Stocks, U.S. Futures, Commodities Gain; Dollar, Treasuries Fall

• Trade conditions recover from April`s slump

• SA to hit 3% GDP growth in 2010, say economists

• Economy Struggling Despite Equity Market Revival

• Expanding South-South trade not a `magic bullet`

• AngloGold says some damage at Savuka

• SA FX AM: Rand stronger against weaker dollar

• SA Stks AM: JSE opens up on resources, Asia

• SA Credit AM: Firm rand provides bond underpin

• New Credit Conundrum Poses Risks to Economy

• The Drinkable Portfolio

• Nasdaq Gains; US Market Flat

• Japan Machine Orders, Producer Prices Fall as Firms Cut Costs

• SA Today: Key events to watch, Jun 10

• Bond Dealers Say Futures Traders’ Rate Bets Wrong

• Oil Advances Toward $71 on API Stockpile Drop, Weaker Dollar

• Asian Stocks Climb on Commodity Prices, Australian Confidence

• UNDERSTANDING THE SARB’S ZAR POLICY

• Six foreign banks plan to quit SA - PwC

• Rainbow Chicken headline earnings down 39.6%

• Banks expect regulatory changes in SA: PwC

• Public enterprises chairperson disapproves of SAX

• Hogan Allows There Will Be Debate On Selling SOEs

• SA`s `Big Four` Reveal Revised Growth Projections

• World Carbon Steel Prices Near Bottom: MEPS

• SA Grains:Maize Ends Tad Lower On Global Pressures

• We Will Not Intervene On Rand: Mboweni

• JSE Slips Into The Red

• News Briefs Tuesday 9th June 2009

• Nxasana To Succeed Harris As CEO Of FirstRand

• Sasfin In Talks With IFC To Subscribe For Shares

• Rand Tad Firmer As Dollar Eases

• Business Confidence Remains Surprisingly Resilient

• SA Cred Mid: Bonds Steady After Average Auction

• Oando Reports 49% Rise In After-Tax pft To $74.27m

• First up-tick in GDP is close, says economist

• Sparkle To Return To SA Gold Industry in 2011: F&S

• SA Stks AM: JSE edges up on bargain hunting

• York Timber May Close 3 Of Its 8 Processing Plants

• Sparkle to Return to Struggling South African Gold Mining Industry in 2011, Says Frost & Sullivan

• Famous Brands - CAUTIONARY ANNOUNCEMENT

• York Timber May Close 3 Of Its 8 Processing Plants

• Rio Tinto: Not Strong as Steel

• US Stocks Flat

• Offshore Cash Flows Back To SA

• Eskom Needs ‘Mountain Of Cash’ After R27bn Shortfall

• Chrysler Sale To Fiat Held Up By Ranking Of Creditors Case

• U.S. Home Prices May Fall for Years, Shiller Says: Chart of Day

• Humility Wins The Day For Gordon Brown As MPs Back Down

• Commodities `Vulnerable`

• Pimco Says ‘Rate Hikes Will Be Some Time in Coming’

• Asian Stocks Fall on Valuation Concern

• South African Macro Policy Given a Tune-Up

• The Global Inflation Threat

• JSE Down On Resources, Profit Taking

• Dorbyl dil h/line loss 316.8c vs 143.9c

• SA Credit Rev: `Belly Of The Curve` Entices Buyers

• Rand Stays Weak In Line With Euro

• JSE Down On Profit Taking

• Remgro, Venfin In Talks Regarding Possible Merger

• News Briefs Monday 8th June 2009

• Dollar keeps rand on back foot

• Fee drag bigger than you think, says Deutsche

• Bank Meeting Approves `Leaning Against The Wind`

• Loss Forecast Increases to US$9 Billion

• Disappearing Dividends Not New Trend, Says Imara

• Failed Chinalco deal will cost Rio Tinto US$1bn

• European elections 2009: Gordon Brown on the edge as Labour is humiliated by BNP

• Mix Telematics FY adj HEPS 15.9c vs 12.7c

• JSE in the red amid quiet trade

• Rand, supply issue remain key themes

• Rand slightly weaker on dollar strength

• More Coppock……

• The Das Blog

• No Bottom In Housing

• Human-to-human flu in Hyderabad

• Revered Coppock Indicator Says ‘BUY’!

• EDITORS CHOICE

• More Rules Needed, SARB told - But Don`t Overdo It

• Pleas for much stronger regulation of financial markets and institutions

• JAW JAW ON THE ZAR

• WHAT TO WATCH FOR: 08/06

• Bank ‘could lean against wind’

• Economy probably bottomed - Nene

• Chinese demand blows a fragile copper bubble

• Banks squeeze home owners for more

• Few Bargains on Wall St.

• BHP Billiton Not Ruling Out Rio Takeover

• JSE Ends Up But Off Earlier Highs

• Rand Holding In Ranges

• SA Credit Rev: Bonds Weaker On Paper Supply

• Foreign Capital Flows A Feature Topic At WEF

• Cipla Medpro Responds To Adcock Offer Withdrawal

• Zuma Under The Spotlight At World Economic Forum

• SA Should See Better Economic Data Later This Year

• Reserve Bank Has Multiple Mandates, Says Mboweni

• Resources Give JSE Firm Support

• Policies Spare SA The Worst Of Global Recession

• China May Buy $50 Billion of IMF Bonds

• News Briefs Friday 5th June 2009

• Rand Range Bound Ahead Of US Jobs Data

• BHPB-Rio Tinto Tie Up In Aus "Worth The Wait"

• SA Better Off Than Others But Spending Limited

• Rand Flat, Awaits US Data

• JSE Opens Firmer On Surging Resources

• Bonds steady, eye auctions

• Finance Minister Gordhan`s Speech on the State of the Nation Address

• SA Today: Key events to watch, Jun 5

• Central banks` exit strategies: This Way Out

• VODACOM/MTN/TELKOM?

• BANKS BEHAVING BADLY

• SA May Reserves Up To $35.842bn vs Apr $34.05bn

• BHP, Rio Form W Australia Iron Ore JV

• Air France Crash Mystery Deepens

• The Market`s Formula: A Square-Root Rally

• Fund Managers in `08: `We Stunk`

• Gold: Headed For A Bubble?

• Andrew Symonds Thrown Out

• Liverpool`s £350m Debt Sets Off Alarm

• Oil Price Tipped To Soar On Chinese Demand

• James Purnell Resignation Shocks Gordon Brown

• IS THE SARB’S MONEY WHERE ITS MOUTH IS?

• Global economy will recover losses only by 2011 - economist

• Cosatu says new leadership needed for Reserve Bank

• U.S. Unemployment Rate Probably Topped 9%, Highest Since 1983

• Asian Stocks Head for Third Weekly Gain; BHP, Rio Tinto Surge

• Rio Scraps Chinalco Deal for $15.2 Billion Offering

• SA MARKET WRAP: Thursday June 4

• SACCI May BCI Declines Slightly To 81.8 from 81.9

• UK House Prices Jump Most In Almost Seven Years

• JSE Ends Down On Weak Resources

• Rio Tinto-Chinalco deal on knife-edge

• SA FX Rev: Rand In Ranges, Tracks Dollar

• Grasp Opportunities Of Global Crisis: Trollip

• Devalue Rand And Cut Rates: Buthelezi

• Rand in anges, Tracks Dollar

• Short Selling Sees Bonds Softer

• Pamodzi Bids Pour In, Decision Next Friday

• Fitch: Negative Rating Actions for South African Corporates Accelerate in 2009

• Zuma To Stay On For Two Terms: COSATU

• News Briefs Thursday 4th June 2009

• JSE Consolidates Amid Profit Taking

• Bonds Tad Weaker On Offshore Selling

• FX Midday: Rand remains in ranges

• Mvela Res Move Positive" For S`Holders: Northam

• SACCI May BCI declines slightly to 81.8 from 81.9

• Peregrine FY HEPS 33.9c vs 222.7c

• Hulamin Cautionary

• Producer Prices Not To Blame For High Food Prices

• JSE Edges Lower On Weak World Markets

• Put Farming First As Global Financial Crisis Bites, Urges IFAD President

• Rand flat as market takes `breather`

• Pan African Resources - Results of Manica pre-feasibility study

• SA Credit AM: Bonds Steady; Eye Currency

• Altech Acquires Majority Stake In NuPay for R53.5m

• Bullish Expectations Don`t Bode Well for Gold

• Stocks Pull Back From ‘09 Highs As Commodity Rush Cools

• Gordon Brown fights for his political life

• London Keeps Pole Position With Investors

• Bernanke Raises Alarm On Spending

• U.S. Refinancing Tumbles as Window Closes: Chart of the Day

• Asian Stocks Decline on Commodities Slump

• Lonmin Rights Issue

• SA Today: Key events to watch, Jun 4

• Mvela Resources Confirms Its Future Strategy

• Volatility Falls, Warnings Grow

• SA MARKET WRAP: Wednesday June 3

• JSE Down On "Healthy Profit Taking"

• FOCUS: Illegal Mining Costing SA Gold Cos R5.6bn

• Rand Tad Weaker On Dollar

• SABonds Weaker On Rand, Supply Issues

• JSE In The Red On Profit Taking

• SACCI Welcomes Zuma`s "Comprehensive" Address

• Sanlam Normalised HEPS dn 23% For 1st 4 Month

• Long On Intentions Short On Action, Say Opposition

• SA Cred Mid:R153s weaker on end of switch auctions

• Rand Trading In Ranges

• News Briefs Wednesday 3rd June 2009

• Zuma: Poverty Remains Cornerstone Of Gov Focus

• Gold Fields Limited - Media Release