Business

RECESSION LOOMS! – SA on the brink as rand crashes and markets plunge

Cape Town – The South African rand continued its sharp decline against major currencies on Monday morning, weighed down... Read more

7 Apr

Technology

Bitcoin hits $100,000 for first time

Hong Kong — Bitcoin broke $100 000 for the first time Thursday as traders cheered Donald Trump’s decision to... Read more

5 Dec, 2024

Technology

Chip giant TSMC briefly joins trillion-dollar club

New York — Chip-making juggernaut Taiwan Semiconductor Manufacturing Co. (TSMC) briefly surpassed $1 trillion in market capitalization on Monday... Read more

9 Jul, 2024

Business

US stocks resume upward climb as oil dips on Angola OPEC exit

New York – Wall Street stocks resumed their upward climb on Thursday following a brief pullback while oil prices declined... Read more

22 Dec, 2023

Business

SA’s referential access to US markets likely to continue – envoy

Cape Town – South Africa’s ambassador to Brics, Anil Sooklal, says he believes South Africa will maintain its preferential... Read more

15 Aug, 2023

Business

Oil market surges on shock output cuts

London – World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts... Read more

3 Apr, 2023

Business

Asian markets hit by recession fears, yen drops after BoJ decision

Hong Kong – Asian markets mostly fell on Friday after another hefty drop in New York as central bank... Read more

17 Jun, 2022

Business

Asian markets bounce as Hong Kong tech sees bargain-buying

Hong Kong – Asian markets saw a much-needed bounce Wednesday as Hong Kong’s tech giants led a rally in... Read more

16 Mar, 2022

Business

Stocks plunge, oil rockets, gold tops $2 000 on Ukraine fears

Hong Kong – Equity markets plunged on Monday, while oil prices soared to a near 14-year high and safe-haven gold... Read more

7 Mar, 2022

Business

Gold demand soars on economic rebound, inflation surge: industry

London – Global gold demand soared in the fourth quarter of 2021 as inflation rocketed, helping to recoup much... Read more

31 Jan, 2022