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WEB4 days ago · Discover why U.S. commercial real estate, especially Class A industrial properties, is a secure investment for international investors. September 30th, 2024. Follow daily business, financial & investment updates online. Sign up for our Premium news subscriptions. Home of the Rational Perspective.
The Economist: Big tech is bringing nuclear power back to life
WEB3 days ago · The Economist: Big tech is bringing nuclear power back to life. The Three Mile Island nuclear plant, infamous for its 1979 accident, is set to be revived. Microsoft and Constellation Energy are investing $1.6 billion to restore the site by 2028, reflecting a growing demand for carbon-free energy driven by the AI boom.
BizNews Briefing – Mashaba on Gauteng; SARS crack down on …
WEB3 days ago · This episode of the BizNews Briefing features ActionSA leader Herman Mashaba on the DA and Gauteng; SARS Senior Manager Bernard Kruger on Crypto tax; Equites Property Fund CEO Andrea Taverna-Turisan; Mantengu Mining CEO Mike Miller; plus today’s market commentator, Cornelius Zeeman from Fairtree Investment.
China's stock surge: Sustainable recovery or another false dawn?
WEB5 days ago · China’s recent stimulus has driven a sharp rally in its stock markets, with the Hang Seng Index jumping 22% and the Shanghai Shenzhen CSI 300 Index surging 27% in just two weeks. This resurgence has sparked debate among investors: Is it the start of a sustained recovery or another false dawn ...
China's tech decline sparks national innovation shift - BizNews
WEBOct 2, 2024 · Despite a severe government crackdown that shrunk China’s tech sector, Beijing’s innovation ambitions remain strong. While Western observers view the decline of companies like Alibaba and Tencent as a loss, China’s focus has shifted towards national security and global dominance in areas like AI, electric vehicles, and green industries.
BizNews Briefing - SAPS Whistleblower; JP Verster; Piet Viljoen; …
WEB5 days ago · In today’s episode of the BizNews Briefing, host Bronwyn Nielsen, standing in for BizNews editor Alec Hogg, leads discussions on market impacts driven by China’s $28 billion stimulus and global economic concerns. Guests, including JP Verster and Byron Lotter, weigh in on Chinese tech and commodities sectors, while Piet Viljoen highlights ...
News Archives - BizNews.com
WEB5 days ago · Elon Musk’s Tesla robotaxi needs to come with a time machine: Liam Denning. 8th October 2024. Musk’s upcoming presentation on October 10 aims to rejuvenate interest in Tesla’s autonomy claims.
China unveils major stimulus package to revive slowing economy
WEB24th September 2024 by Editor BizNews. China’s central bank unveiled a broad stimulus package aimed at reviving its slowing economy, cutting a key interest rate and reducing reserve requirements for banks. The package, introduced by Governor Pan Gongsheng, also includes measures to support the property sector and inject liquidity into the ...
Chinese stocks on track for best week since '08 after ... - BizNews
WEBSep 27, 2024 · Chinese equities surged this week following Beijing’s announcement of a $114 billion stimulus package to support capital markets. The CSI 300 index gained nearly 15%, marking its best weekly performance since 2008. The People’s Bank of China unveiled an Rmb800bn ($114bn) lending pool, sparking a rally …
China stock market trails US $38trn in unprecedented divergence
WEB23rd January 2024 by Editor BizNews. In a relentless equity downturn, China’s stock market lags behind the US by an unprecedented $38 trillion, marking a historic divergence. Amidst a $6.3 trillion loss in Chinese market value since February 2021, the US hits record highs fuelled by a tech rally and optimism about Federal Reserve actions.