International

11 months ago | June 5, 2023

The Swiss fall out of love with cash

Bloomberg Switzerland’s formerly cash-obsessed citizens are falling out of love with physical money. Some 36 percent of ...

11 months ago | June 2, 2023

Brics seizes chance to counter US with expansion

The Brics group of emerging markets is ramping up its bid for greater global influence, sensing a moment to capitalise ...

‘UAE oil chief is ‘the perfect person’ to lead UN climate talks’

The director general of COP28 on Thursday defended the appointment of oil executive Sultan al-Jaber, describing the Abu ...

Wall Street churns as reports show split economy

NEW YORK — Stocks are mixed on Wall Street Thursday as reports painted a split U.S. economy. The job market remains ...

Southeast Asia’s digital economy set to hit $1 trillion

Southeast Asia’s digital economy has plenty of growth potential, backed by strong fundamentals including over 460 ...

PJMorgan agrees to purchase US$200 million worth of carbon removal

JPMorgan announced that it has agreed to spend more than US$200 million on a combination of carbon removal technologies. ...

11 months ago | June 1, 2023

SA’s crypto providers now caught in the licensing net

News24.com Around the world, governments are moving ahead to regulate crypto assets. The South African Reserve Bank ...

11 months ago | May 29, 2023

Zimbabwe-China Business Forum begins tomorrow

Kudzanai Sharara in Beijing, China All is set for tomorrow’s (Tuesday) Zimbabwe-China Business Forum, in Beijing, ...

11 months ago | May 26, 2023

Influence of commodity prices on exchange rate

With the USD/ZAR trading at all-time high levels of above R19.5 and exhibiting extreme signs of weakness against the USD ...

Mining lags on female C-suite, board representation

Mining firms lag far behind other sectors on female representation in top leadership, data released on Tuesday showed. ...

Copper slides below US8k on disappointing China recovery

Copper fell below US$8 000 a ton for the first time this year as the industrial metal takes a hit from China’s ...

Watchdog proposes first set of global rules for crypto sector

International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and ...

Britons pay for their own health care as waiting lists spiral

British patients paying for their own treatments reached a record high last year, as the country’s National Health ...

Unseen human workforce behind AI, including ChatGPT

We are missing a big part of the AI story and that is the fact that it often relies on a large human workforce. This is ...

11 months ago | May 23, 2023

Fed’s Bullard sees two more interest-rate hikes needed in 2023 to ...

 Bloomberg Federal Reserve Bank of St. Louis President James Bullard said he expects the central bank will need to raise ...

Deutsche Bank strategists recommend buying ‘extremely cheap’ SA bonds

Bloomberg Deutsche Bank AG strategists recommend buying South African government bonds after a selloff that drove yields ...

Rand firms on bets of large Sarb rate hike, credit rating unchanged

Reuters The rand strengthened on Monday amid relief that South Africa’s credit rating was not downgraded and bets on a ...

Lagarde trusts in US common sense to avert catastrophic default

Bloomberg European Central Bank President Christine Lagarde appealed to US politicians to resolve their standoff over ...

12 months ago | May 19, 2023

Wall Street fears US$1trn aftershock from debt deal

Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a ...

Fed poised for big upgrade to outlook despite swirling risks

Federal Reserve officials are likely to deliver their biggest upward revision to the US economic outlook since 2021 next ...