Chinese technology shares rallied in Hong Kong on Monday as bargain hunters pounced in the wake of the sector’s worst rout in months.
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Bitcoin has once again topped the closely watched $50 000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.
Ethiopia has begun developing its own social media platform to rival Facebook, Twitter and WhatsApp, though it does not plan to block the global services.
Even a $1.5-trillion selloff may not provide an attractive entry point for equity investors as they grapple with cascading risks in China’s technology sector.
The deal between South Africa’s Naspers and its spinoff Prosus this week caused havoc, with the JSE forced to delay opening by hours on Wednesday amid the rush of rebalancing trades.
Standard Bank will within years transform into a marketplace where clients can also access rivals’ products and a variety of services beyond just banking, it said on Friday.
The SABC has concluded a distribution agreement with Walt Disney Co that will allow it to broadcast local and international live sporting events, news programming and a library of sporting content from ESPN.
An environmental lobby group has told energy regulator Nersa that the electricity generation licence process for Karpowership SA’s floating power ships is “fatally flawed”.
Nvidia’s planned $40-billion acquisition of British chip designer ARM looks set to face a lengthy inquiry after a UK regulator found the deal would hit competition and could weaken rivals.
JSE-listed Blue Label Telecoms, which owns 45% of mobile operator Cell C, said on Friday that it will report a big jump full-year headline earnings when it reports results next week.