Egypt

Chinese Electronics Giant Expands In Southern Africa

Chinese (FXI, quote) electronics manufacturer, Hisense, is expanding in Southern African countries in line with its continued commitment to both South Africa and the continent as a whole, the company said on Saturday.

Crude Oil Hitting 5 Month High

WTI Crude Oil prices crossed the $100 market for the first time since May 3rd on 3 catalysts ranging from the Federal Reserve’s announcement of an aggressive QE3 to the unrest in the Middle East and North Africa. September Crude Oil contracts traded as high as $100.42 before pull back under the $100 level to $99.50 on possible profit taking going into the weekend, however, remains well supported as tensions