Rand strengthens on S Africa central bank appointment

South Africa's president, Jacob Zuma, has named the former Treasury boss, Lesetja Kganyago, as the new governor of the country's central bank.

IMF head Christine Lagarde warns of deflation risks

The head of the International Monetary Fund has warned about the risks to global economic recovery of deflation.

Roubini: Iran is the greatest looming threat

LOS ANGELES (CNNMoney) -- Nouriel Roubini gives an audience no shortage of scenarios to keep them up at night, but his number one worry right now is the looming threat of Iran building nuclear weapons.