JPMorgan Chase on Wednesday reported third-quarter earnings that beat expectations as loan losses came in $1.5 billion higher than expected. Read more.
Breaking financial news from South Africa, Africa, and the world.
US-based Vantage Data Centres on Wednesday announced plans to invest $1 billion (Rs15 billion) in a huge new Joburg campus on a 12-hectare site in Waterfall, the mega real estate hub in the middle of Gauteng led by JSE-listed Attacq. Read more.
Central banks such as the Federal Reserve should be prepared to tighten policy in case inflation gets out of control, the International Monetary Fund warned in a report Tuesday. Read more.
Boeing reported an eighth straight month of net aeroplane sales on Tuesday, but deliveries of its Dreamliner planes remain suspended as they undergo quality checks. Read more.
Government has not made a final decision on the future of e-tolls on the Gauteng Freeway Improvement Project (GFIP). Read more.
The bank is set to announce earnings for the previous quarter during the pre-market tomorrow (13 October), with the second quarterly report beating expectations for revenue and earnings. If the bank does exceed the consensus expectations, there may be a more significant upside. Read more.
Texas Governor Greg Abbott issued an executive order Monday prohibiting any entity, including private businesses, from requiring employees or customers to be vaccinated against Covid-19. Read more.
With online sales expected to explode in South Africa in the coming years, e-commerce is becoming the centrepiece of Walmart-owned Massmart's growth strategy. Read more.
On the daily timeframe, NZDJPY: D1 broke up the resistance line of the intermediate downtrend. The currency pair has exited the triangle with a 200-day moving average line at the bottom. A number of technical analysis indicators have formed signals for further growth. We do not rule out a bullish movement if NZDJPY: D1 rises above the upper Bollinger band and the last high: 79. This level can be used as an entry point. The initial risk limitation is possible below the last three lower fractals, the Parabolic signal, the 200-day moving average and the lower Bollinger band: 75.8. After opening a