Tencent slumped on Friday, putting it in line for its worst week in almost two years, as investors took profit in global technology shares and before the stock’s weighting gets reduced in Hong Kong’s benchmark index. Tencent
Author: Agency Staff
Bitcoin and bubble have become virtually synonymous in the minds of many sceptics during this year’s breathtaking rally. While the digital currency has defied doomsday prophecies, there’s a number of ways this party
Naspers is planning to invest more in businesses including food delivery to help narrow the valuation gap between Africa’s biggest company and its stake in Chinese Internet giant Tencent. The 33% shareholding in the Shenzhen
Eskom’s credit rating was cut to a deeper junk level by Moody’s Investors Service as South Africa delayed appointing a new board at the state-owned power producer and releasing its financial results
The chief justice has ordered a panel of experts convened by the constitutional court to meet with the South African Reserve Bank and national treasury to recommend whether state employees should be investigated for possible
Apple customers have discovered a significant security flaw in the latest version of the operating system for Mac computers that allows anyone to log in without a password, potentially making private user data vulnerable
Bitcoin entered uncharted territory on Wednesday after breaching $10 000 for the first time, leaving investors to wonder how long the rally will go – and whether it will end in tears. The digital currency climbed as much as
An acrimonious battle for control of the ANC has paralysed several government departments, as ruling party leaders focus on electioneering and officials delay taking decisions until they learn who their new political masters will
As many as 800m workers worldwide may lose their jobs to robots and automation by 2030, equivalent to more than a fifth of today’s global labour force. That’s according to a new report covering 46 nations and more than
Bitcoin surpassed $10 000 for the first time, taking this year’s price surge to more than 10-fold even as warnings multiply that the largest digital currency is an asset bubble. The euphoria is bringing to the mainstream what was once considered