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LATEST Fast News  

SA stocks seek direction, copper slump drags miners

15 Jun 2021 /  Adelaide Changole, Bloomberg  
Foreigners were net sellers of South African equities Monday, disposing of R400 million worth of shares.

US and European stock futures rise; yields dip: markets wrap

15 Jun 2021 /  Andreea Papuc, Bloomberg   1
The 10-year Treasury yield pulled back under 1.5%, while the dollar was steady.

Honeywell shuts two mask factories as face-covering demand drops

15 Jun 2021 /  Thomas Black and Shira Stein, Bloomberg   1
'We are now seeing a dramatic reduction in demand for N95s,' Krantz said.

Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says

14 Jun 2021 /  Michael J. Kavanagh, Bloomberg   5
As new battery technology reduces the need for the metal.

Bitcoin reaches highest level since May as chartists eye $50 000

14 Jun 2021 /  Vildana Hajric and Claire Ballentine, Bloomberg   2
After a volatile weekend, Bitcoin has once again surpassed $40 000, reaching its highest level in more than two weeks.

Aspen to release fresh J&J vaccines within one week

14 Jun 2021 /  Promit Mukherjee, Reuters   5
To bolster the country's vaccination drive, it said on Monday.

SA agriculture-business mood index jumps to a record

14 Jun 2021 /  Prinesha Naidoo, Bloomberg  
Supported by expectations of record crop yields and strong commodity prices.

Former Zambian president Kenneth Kaunda, 97, taken to hospital

14 Jun 2021 /  Chris Mfula, Reuters   1
Kaunda ruled Zambia from 1964, when the southern African nation won its independence from Britain, until 1991.

Alexander Forbes open for deals after insurance sale to Sanlam

14 Jun 2021 /  Roxanne Henderson, Bloomberg   1
On the hunt for businesses to acquire to build out its employee-benefits offering.

Gold drops as investors await Fed meeting for clues on policy

14 Jun 2021 /  Ranjeetha Pakiam, Bloomberg   5
Spot gold fell 0.8% to $1 862.38 an ounce at 12:13 p.m. in Singapore, after dropping 1.1% on Friday.

US futures gain, bond rally paused as Fed eyed: markets wrap

14 Jun 2021 /  Joanna Ossinger and Cecile Gutscher, Bloomberg  
The rally in Treasuries appeared to lose steam.

Wall Street asks if bitcoin can ever replace fiat currencies

14 Jun 2021 /  Sydney Maki and Vildana Hajric, Bloomberg   2
Some observers wonder whether a bigger movement is afoot.

Bitcoin jumps after Musk says Tesla will use when mining cleaner

14 Jun 2021 /  Jim Silver and Joanna Ossinger, Boomberg   2
The cryptocurrency gained as much as 9.3% to $39 372 on Sunday afternoon in New York, the highest level since June 3.

Wannabe bitcoin ETFs are mushrooming and getting more creative

14 Jun 2021 /  Claire Ballentine and Katie Greifeld, Bloomberg  
Bitcoin ETF workarounds attract cash amid digital asset's rally.

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