The JSE hardly changed on Wednesday as concerns over SA’s political and economic outlook returned to the spotlight and the Trump Administration issued new threats against China, as it seeks to rein in North Korea’s nuclear and missile programmes. Global markets were mixed, while gold miners recovered some of the losses they have sustained since Monday, despite a flat metal price. The Trump Administration threatened on Tuesday to impose further sanctions on China if it did not do more to shut down banks and other Chinese firms aiding North Korea, reported Dow Jones Newswires. President Donald Trump also played down sanctions imposed on North Korea on Monday, saying they were "nothing compared to what will ultimately have to happen". However, the downgrading of Hurricane Irma to a tropical storm and the recovery of areas affected by Hurricane Harvey had buoyed markets, the newswire said. Domestic politics surfaced again on Tuesday after a court ruling that the 2015 KwaZulu-Natal provi...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.