Datatec CEO Jens Montanana. Datatec’s stock fell 3% this morning, despite the global technology group reporting a 109.5% increase in headline earnings per share for the interim period to end-August. The JSE-listed company’s shares dropped to well below R70 by 10am, even as it delivered strong financial results. Over five years, the stock is up…
Cannabis is booming as an ingredient in everything from supplementary oils, inflammation-reducing skin creams, lip balms to health drinks and gummy sweets that promise to reduce anxiety and pain and promote relaxation. The global legal cannabis market is today worth about US$69.78 billion, and this will skyrocket to US$216.76 billion by 2033. Read more: More…
AI start-ups are attracting record sums of venture capital, but some of the world’s largest investors warned that early-stage valuations are starting to look frothy, senior investment executives said on Friday. “There’s a little bit of a hype bubble going on in the early-stage venture space,” said Bryan Yeo, group chief investment officer at Singapore…
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images SINGAPORE — As China seeks to entice back foreign capital amid dwindling inbound investment, global investors eyeing opportunities in the country remain wary of more fundamental constraints: Beijing’s iron grip on capital flows and lack of policy…
When Hou Yujie isn’t convincing customers to rent traditional Chinese clothing for photos at the country’s famous Forbidden City, she and her friends are checking stocks. Hou recently put 10% of her money in the market. In just a few days, she earned one month’s salary — and she’s thrilled. “Interest rates for bank deposits…
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Japan’s Nikkei 225 notched a fresh record Thursday at 45,754.93, marking six consecutive sessions of gains. The broad based Topix also closed at a new high…
Jasper James | The Image Bank | Getty Images Asia-Pacific markets traded mixed as investors assessed the Shanghai Cooperation Organization meeting of leaders in Tianjin, with tariff uncertainty weighing on sentiment. This comes after a U.S. federal appeals court on Friday ruled that most of President Donald Trump’s global tariffs are illegal. India markets will…
President John Dramani Mahama is urging investors to turn their attention to Africa and Ghana in particular because the area has the right climate for investments. “I speak as an African leader and as President of Ghana. Our message is simple: Africa is investable, and Ghana is your reliable gateway to the continent. The continent…
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Investment firm SoftBank Group snapped its nine-day winning streak Tuesday after its shares plunged as much as 5.69% following its announcement of a $2 billion investment in Intel. As part of…
African Heads of State have expressed strong confidence in investors following positive responses to commitments made on the opening day of the African Union-Africa Water Investment Programme (AU-AIP) Water Summit 2025. Speaking on the sidelines of the summit on Thursday, Executive Secretary and CEO of the Global Water Partnership (GWP), Alex Sialabwi, said investors and…
