Bitcoin hits fresh record amid investor optimism

Bitcoin hits fresh record amid investor optimism

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…

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Former Workday executive joins Jem as investor

Former Workday executive joins Jem as investor

Zuko Mdwaba, Jem strategic enterprise partner and investor. Jem, a local HR and financial platform for frontline workers, has appointed Zuko Mdwaba as strategic enterprise partner and investor. Mdwaba is best known for building Salesforce and Workday’s African businesses from the ground up, scaling both from relative unknowns on the continent, to household names generating…

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How a dowdy database maker became an investor darling

How a dowdy database maker became an investor darling

Oracle chairman Larry Ellison Oracle investors find themselves at a pivotal crossroads. Either heed the warning from a growing list of indicators that suggest the stock has run up too far, too fast — or continue to chase another rally that’s been supercharged by lofty artificial intelligence expectations. Shares of the software maker, co-founded by…

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