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nomuralatest news & developments
Despite the coronavirus outbreak, Olympic organisers in Japan insist that the Games in Tokyo will take place as planned. (Tomohiro Ohsumi/Getty Images)
CHINA

What would an Olympics cancellation cost Japan?

Japan has a diversified economy not heavily reliant on tourism. But with domestic spending already weak, the hit from a cancellation could ripple through and further depress…

  • Etienne Balmer
2 min read
The economy probably grew 1.4% last year after strikes in the platinum-mining and manufacturing industries curbed output
BONDS

Bond buyers deterred by Fed rate outlook

Foreign investors offloaded more rand-denominated debt than what they bought last year, as demand for emerging market bonds declined.

  • Robert Brand
3 min read
Labour unrest in the mining sector has hit where it hurts. So what does South Africa’s first credit downgrade in nearly two decades mean?
FITCH RATINGS

Moody’s downgrades SA and Fitch could follow suit

Moody’s is the second ratings agency in 2014 to downgrade South Africa and Fitch, analysts warn, could very well do the same next month.

  • Rene Vollgraaff
3 min read
Style on a plate: White fish in coconut milk with noodles.
IMPALA PLATINUM

South Africa risks losing 145 500 mine jobs by 2015, analyst says

According to Nomura International, platinum companies in South Africa, are at risk of losing thousands of jobs as more mines operate at a loss.

  • Amogelang Mbatha
2 min read
BARCLAYS

To the victors, the spoils: a post-Lehman scorecard

For Barclays and Nomura, the collapse of Lehman Brothers was the opportunity of the lifetime — a chance to grab a seat at banking’s top table.

  • Clara ferreira marques
  • Michael Flaherty
6 min read