Archive for May 3rd, 2010

— Kagiso releases May PMI.
— Altron releases annual results.
— Absa releases quarterly housing market overview.
WHAT TO WATCH FOR:
It is another busy week on the economic data front.
Monday sees the release of the April PMI. The March PMI declined considerably to 55.6 from 60.4 index points in February. However, with much of the decline… »

BRUSSELS—Euro-zone countries and the International Monetary Fund, seeking to halt a widening European debt crisis that has threatened the stability of the euro, agreed to extend Greece an unprecedented €110 billion ($147 billion) rescue in return for Draconian budget cuts.

Under the three-year agreement announced here late Sunday, Greece would… »