SpaceX shares fall for second straight day after 49% jump
The stock fell as much as 5.8% shortly after the open of US exchanges, extending Wednesday’s nearly 5% decline.
GNU faces new test over cabinet power struggle
‘This is unprecedented, both in the manner in which it has been done, and we are communicating with the president through the media, which will have a dampener on how the two parties are able to tolerate each other,’ says Busani Ngcaweni of the University of Johannesburg.
SA floods inflict record R9bn damage on Cape
A total that’s expected to rise once final assessments are completed.
Singapore adds crypto firm Bybit to its investor alert list
As the city-state steps up scrutiny of unlicensed cryptocurrency exchanges.
Brait launches R2.5bn rights offer as endgame strategy enters final phase
Capital raise will eliminate legacy debt, recapitalise Virgin Active and clear the path for the eventual unbundling of remaining assets.
Foreigners spend big as Cape Town tourism hits R24.5bn
What the DA’s cabinet reshuffle means for the GNU. Petrol pain drives inflation higher despite cheaper food. And digital banking's new challenger has arrived.
Trump signs Iran deal
Focus shifts to Hormuz and 60-day talks.
Trump poised to roll out new tariffs
As he refunds the old ones.
Fed’s Warsh rocks bond market in debut, sparks surge in rate-hike bets
Before Wednesday’s meeting, Wall Street had largely assumed the Fed was done cutting rates ever since the Iran war’s oil shock sent consumer prices surging by the most in three years.
How AI and semiconductors are reshaping the market
‘Stocks start to outperform consistently in a new sector or subsector, so the leaders will show their hand. I think that's the key and we've got to be on the lookout for them’ – Sean Ashton, Private Clients by Old Mutual.