Roblox begins its first share buybacks, aiming for $3bn
The video-game giant is looking to repurchase $1bn of that over the next 12 months.
Inflation hits 4% as fuel shock bites
Iran-linked oil disruption pushed pump prices higher, raising pressure on households and fuelling rate-hike expectations.
Managing market volatility with both fundamentals and technology
STANLIB’s Rademeyer Vermaak believes an investor’s key insight in trying times should be ‘to focus not so much on what is changing, but on what stays the same'.
Trump refrains from trading his own stocks, Vance says
Some critics have questioned the timing of some of those trades surrounding major news events or social media posts by the president.
NATO is starting to consider Hormuz mission to protect ships
The idea has support from several members of the North Atlantic Treaty Organisation, but doesn’t yet have the necessary unanimous support, said a diplomat from a NATO country.
CEO Brookes, PIC to take Balwin private in R2.3bn deal
Consortium says being listed on the JSE is ‘no longer compelling’.
Xi steps up appeal for Mideast ceasefire at start of Putin talks
'A comprehensive ceasefire is imperative, restarting war is even more unacceptable, and adhering to negotiations is particularly important,' Xi said.
Asian countries up Ebola precautions after WHO declaration
Several governments have expanded screening and reporting requirements for travelers arriving from affected countries, though officials say the likelihood of local transmission remains low.
Gold holds losses as Iran impasse keeps rate hike bets high
Spot gold was down 0.4% at $4 464.72 an ounce as of 12:38 p.m. in Singapore.
Oil holds decline as traders weigh Trump’s latest Iran threats
Brent for July settlement slipped 0.5% to $110.72 a barrel at 12:40 p.m. in Singapore.