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Algeria

Reuters

Algeria shuts down internet as anti-government protests mount

The authorities in Algeria have shut down internet providers and Facebook accounts amidst mounting anti-government protests and civil unrest.

A file picture shows the South African twenty rand note.

S.Africa cbank keeps rates steady, hike seen by Q4

The South African Reserve Bank left its repo rate unchanged at 5.5 percent on Thursday but emphasised the deteriorating inflation outlook, raising the chance of an earlier-than-expected rate increase.

Investors continued to pour money into hedge funds in April – commodity strategies performed best

Hedge funds returned an average of 2.05% in April 2011 and the rate of net investor inflows was again above the 2010 average.

BRIM enters strategic partnership with New Alpha Asset Management.

Blue Rice Investment Management (BRIM) is pleased to announce its strategic partnership with NewAlpha Asset Management, the Paris-based global hedge fund incuba...

Lyxor Global Hedge Fund index was up +1.4% in April 2011, lifting year to date gains to 2.1%

The Lyxor Global Hedge Fund index, an investable index based on Lyxor's hedge fund platform which tracks the overall hedge fund universe, was up +1.4% in April, lifting year to date gains to 2.1%.

Americans hopeful but cautious on housing market, economic recovery

Americans expressed more cautious optimism during the first quarter of 2011 than in the fourth quarter of 2010, but they continue to lack confidence in the over...

Markets

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RBA

Swan Pushes for Banks to Pass RBA Rate Cut in Full

11:16 AM ET

A day after the Reserve Bank of Australia (RBA) unexpectedly cut the overnight cash rate by half a percentage point to 3.75 per cent.

Politics & Policies

PM Gillard All Ears on Business Community Feedbacks

Gillard Appoints Bob Carr Foreign Minister in 3rd Cabinet Reshuffle

02:58 PM ET

Australian Prime Minister Julia Gillard announced on Friday noon the appointment of Bob Carr as Foreign Affairs Minister.

Real Estate

Lynas inks rare earths supply deal with a Japanese firm

West Australia Will Not Allow Entry of Lynas Waste from Malaysia

11:21 AM ET

Lynas Corp., it what could be another blow to its business operating principles, has been categorically denied yet again supp...

Tech

Shoppers carry their purchases during the Black Friday sales at a shopping mall in Tysons Corner

CBA's Business Sales Indicator: Aussie Retail Sales Up in All Territories

03:58 PM ET

Australia's retails sales had gone up by 0.6% for the fourth consecutive month in all territories, according to the Commonwealth Bank's Business Sales Indicator.

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