Coronation cuts AI bets, buys India rebound
As expectations for artificial intelligence stocks have risen to levels that are nearly impossible to beat.
Oil set for weekly gain as Iran war escalation threatens flows
Brent for September rose 1% to $85.06 a barrel at 6:04 a.m. in London.
Iran-linked tankers U-turn and zig-zag as US enforces blockade
The unusual movements come as the US enforces its new action against Iranian shipping that began on Tuesday.
Jeremy’s weekly wrap: Inside Joburg’s crisis, power rackets, immigration raids
This week on Moneyweb@Midday we examined Joburg having about 12 days of cash available, Saice CEO says local government has moved beyond crisis into systemic breakdown, immigration enforcement and policing, and the collapse of electricity services creating a growing criminal market.
Visa is expanding its crypto push with new stablecoin platform
As banks and fintechs prepare for wider adoption of the digital tokens.
Industrial metals decline as traders weigh Fed rate outlook
Copper slipped 0.7% to $13 499 a ton on the London Metal Exchange as of 10:09 a.m. in Singapore.
Gold heads for weekly fall as Hormuz Strikes raise Fed-hike bets
Spot gold was up 0.2% at $3 982.52 an ounce at 10:01 a.m. in Singapore after falling 2% the previous session.
BHP Group enjoying surging copper price
A look at whether BHP is becoming a stronger investment case than Anglo American as copper and iron ore reshape the mining outlook. We also examine why retail investors so often get caught up in IPO hype.
SA wants to attract R750bn for industrial hubs by April
Says Special Economic Zones are central to reversing decades of industrial decline.
Will El Niño drought hit food prices in South Africa?
Earlier rains and grain stocks offer hope.