Copper moves lower as US election undermines AI and tariff trade
Copper was down 1% at $13 712 a ton on the London Metal Exchange as of 11:50 a.m. in Shanghai.
Hackers paid $15 to drain $2.5bn from Binance in one hit
Once inside, the hackers targeted a “hot wallet” known as Binance 14, which the exchange uses to process customer withdrawals, records on the Etherscan analytics platform show.
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Gold set for biggest weekly gain since August after US midterms
Spot gold fell 0.6% to $4 064.53 an ounce at 10:42 a.m. in Singapore, while silver was rose 0.4% to $51.96 an ounce.
Worst rout since 2020 leaves virtually nowhere to hide in stocks
Nvidia Corp, the world’s most valuable company, tumbled over 9% in its deepest slide since January 2025, erasing the last of this year’s gains.
ANC on course for worst electoral showing yet
As it bore the brunt of public anger over water and power outages and potholed roads.
Don’t be surprised by a Nasdaq selloff
AngloGold Ashanti delivers strong third-quarter results as gold prices surge, while South African equities show signs of a potential rerating despite still trading at bargain valuations.
SAHRC takes City of Cape Town to court over land sales
Mayor Geordin Hill-Lewis has accused the commission of ‘electioneering’.
Don’t blame us for illegal cigarettes swamping the market, says Fita
Independent tobacco manufacturers have hit back at research funded by British American Tobacco SA suggesting three-quarters of cigarettes smoked in SA are illicit.
Eskom faces R4bn curtailment bill as solar power surges
Consumers ultimately to foot the bill.