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Wednesday, May 21, 2025

JSE shatters records as global markets celebrate US-China trade deal

Despite a rise in South Africa's unemployment rate, the JSE has reached a new record high, buoyed by a temporary trade agreement between the US and China

Siphelele Dludla|Published

Markets on Monday: JSE steamroller forward, the rand to improve and fuel prices to drop this week

The turnaround in equity prices in the US and other developed market economies last week, were mostly due to a more positive outlook for tariffs by the USA, which were imposed by President Trump earlier.

Chris Harmse|Published

US-China: the clash of the titans

China, the world's second most populous country after India with 1. 4 billion inhabitants, has four times more people than the United States.

AFP|Published

Global tech stocks drop as ASML warning adds to Nvidia curbs

US government restrictions on Nvidia chips and ASML's disappointing report have caused a staggering $155 billion drop in market value, signalling a turbulent time for the semiconductor sector.

Bloomberg|Published

Rand faces investor scrutiny as US snub of envoy Jonas looms

Investors are on high alert as the South African rand faces potential turbulence amid reports of the US rejecting newly appointed envoy Mcebisi Jonas, raising concerns over diplomatic relations and currency stability.

Philippa Larkin|Published

Trade war has OPEC cutting oil demand forecast for 2025 and 2026

OPEC has slightly reduced its global oil demand growth forecasts for 2025 and 2026 due to the impact of US tariffs, yet remains more optimistic than other industry forecasters.

Bloomberg|Published

Volatility in global markets: the impact of US-China tariffs - Chris Harmse

Explore the ongoing volatility in share, bond, and exchange rate markets driven by US-China trade tensions and President Trump's tariff decisions, and discover how these factors are influencing global economic stability.

Chris Harmse|Published

Editor's Interview: How stablecoins are transforming Africa's financial landscape

Discover how stablecoins are reshaping Africa's financial landscape, offering solutions to costly cross-border payments and driving digital inclusion, as explained by Sonya Kuhnel, co-founder of Bitcoin Events.

Philippa Larkin|Published

Despite US tariffs pause, southern African economies under threat

They all expect to suffer under the 10% tariffs applied on imports to the United States by President Donald Trump, even though he announced a pause Wednesday of higher hikes announced for several countries.

AFP|Published