Alibaba, Tencent shares lose $66bn as AI vision falls flat
'Investors are not pushing back on AI spending itself, but on the lack of near-term visibility on monetisation,' Bloomberg Intelligence analyst Catherine Lim said.
SA imposes anti-dumping duties on Chinese, Thai steel
After a probe found that cheap imports of some products from China and Thailand unfairly undercut local manufacturers.
Iran strike to cost QatarEnergy $20bn a year in sales
Repairs will take up to five years to complete.
Oil declines as US, Israel seek to ease concerns over Iran war
Brent for May settlement fell 1.0% to $107.55 a barrel at 9 a.m. in Singapore.
Gold set for worst week in six years as war curbs rate-cut bets
Gold added 0.8% to $4 686.62 an ounce at 10:16 a.m. in Singapore, after capping a seven-day losing run on Thursday, the longest since October 2023.
Can AI assist with investing?
Analysis of the rand’s resilience, gold pricing dynamics, and the opportunities and risks of AI in investing.
Mexico’s navy kills 11 Sinaloa Cartel allies in operation
The navy seized high-powered firearms and tactical gear at the property where the shooting took place, it said. In January, Mexico deployed 1 600 more members of the military to address Sinaloa’s ongoing violence.
The ‘petro-dollar’ and why Africa must boost its energy refining capacity
In the wake of the Middle East conflict, could US dollar hegemony be under threat? University of Johannesburg Professor Patrick Bond weigh in ...
SA’s water crisis is a management, not just infrastructure, problem
Water management is the new social contract.
Does SA really need another ZAR stablecoin?
Langelihle Nkabinde from EasyEquities explains the role of the new Zaru rand stablecoin and why it's so important.