Business

JOHANNESBURG (Reuters) – Klippies and coke. Ricky Louw. Karate Water. These are the orders ringing out in bars across South Africa as thrifty consumers switch from imported, big-brand whisky to various types of locally produced brandy to quench their thirst. The trend, fueled by a stagnant economy that is strangling spending, has led to the
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SYDNEY (Reuters) – Asian shares rose on Wednesday, tracking Wall Street’s rally to all-time highs, while the euro hovered near a 10-day peak after Catalonia’s leader talked down immediate plans to secede from Spain, easing near-term concerns about euro zone instability. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS nudged 0.24 percent higher to
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SYDNEY (Reuters) – Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Liquidity was lacking with Japan and South Korea on holiday and a partial holiday in
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