The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de- escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.
Alexander Forbes Ltd., Africa’s largest independent retirement-fund administrator, climbed the most in 21 months after saying it was weighing expressions of interest to buy the company alongside plans for a share sale.
John Oliphant, suspended as head of South Africa’s 1.2 trillion-rand ($114 billion) Government Employees Pension Fund over the award of an advertising contract, disputed the findings of an auditor’s report that he acted irregularly.
Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.
A labor dispute that all but shut platinum mines in South Africa since January is extending the longest shortfall in global production since 2005, which Morgan Stanley predicts will take at least four years to fix.