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Emerging markets suffer, whether prudent or not

Emerging markets suffer, whether prudent or not
17 October 2018 / Daniel Moss, Bloomberg Opinion
World's 10 richest each gain at least $1bn as stocks surge

World's 10 richest each gain at least $1bn as stocks surge
17 October 2018 / Tom Metcalf and Jack Witzig, Bloomberg
Rand weaker, focus on Fed minutes and retail sales data

Rand weaker, focus on Fed minutes and retail sales data

Olivia Kumwenda-Mtambo, Reuters / 17 October 2018
In early morning trade the rand was at 14.21 per dollar, 0.32% weaker than its New York close on Tuesday.
Dis-Chem profit up as market share increases

Dis-Chem profit up as market share increases

Patricia Aruo, Reuters / 17 October 2018
Pharmacy group's half-year profit on a per share basis rose 10.5% as it lifted its market share across all divisions.
WeChat rivals can take social, Tencent is moving on

WeChat rivals can take social, Tencent is moving on

Tim Culpan, Bloomberg Opinion / 17 October 2018
Pop and Echo, social apps created by former Tencent executives, have already secured venture-capital funding.
Netflix soars after blistering subscriber growth restores faith

Netflix soars after blistering subscriber growth restores faith

Lucas Shaw, Bloomberg / 17 October 2018
Netflix also issued an upbeat outlook for the current three months, saying it plans to add 28.9 million customers in total this year.
World’s top miner embracing the boom in electric car batteries

World’s top miner embracing the boom in electric car batteries

David Stringer, Bloomberg / 17 October 2018
BHP Billiton is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries.
Wall St rallies over 2% with earnings, data boost

Wall St rallies over 2% with earnings, data boost

Lewis Krauskopf, Reuters / 17 October 2018
Tech leads all 11 S&P sectors higher.
Treasury says recession, falling revenue hurt public finances

Treasury says recession, falling revenue hurt public finances

Wendell Roelf, Reuters / 16 October 2018
Moody's warns of elevated government debt.
Solidarity to strike at Denel firm over pay

Solidarity to strike at Denel firm over pay

Reuters / 16 October 2018
The state-owned company has not paid managers and specialists their full salaries in September.
Inquiry report urges Ramaphosa to fire suspended tax head

Inquiry report urges Ramaphosa to fire suspended tax head

Reuters / 16 October 2018
For the 'reckless mismanagement of Sars', says judge Nugent.
Rand firms as investors chase riskier assets, stocks up

Rand firms as investors chase riskier assets, stocks up

Reuters / 16 October 2018
Rand strongest since October 1.
Uber gets IPO proposals at potential $120bn valuation

Uber gets IPO proposals at potential $120bn valuation

Molly Schuetz, Bloomberg / 16 October 2018
An IPO at $120bn is almost double Uber’s recent valuation of about $70bn.
Amazon doles out freebies to juice sales of its brands

Amazon doles out freebies to juice sales of its brands

Spencer Soper, Bloomberg / 16 October 2018
Excluded merchants, review watchdogs allege Amazon is guilty of review manipulation.
EFF confident in deputy leader over VBS allegations

EFF confident in deputy leader over VBS allegations

Ntando Thukwana, Bloomberg / 16 October 2018
EFF leader, Julius Malema says he wants proof that Floyd Shivambu benefitted from the bank's failure.

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