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WEB2 days ago · Commercial real estate as a safe haven for international investors: Insights from the US market. Discover why U.S. commercial real estate, especially Class A industrial properties, is a secure investment for international investors. Follow daily business, financial & investment updates online. Sign up for our Premium news subscriptions.
Jean Pierre Verster: China’s market moves, global impact, and ...
WEB22 hours ago · 8th October 2024 by Editor BizNews. In an insightful interview with Jean Pierre Verster, CEO of Protea Capital Management, he discusses the significant impact of China’s economic developments on global markets, including South Africa. Verster highlights China’s $28 billion local government investment and …
China's stock surge: Sustainable recovery or another false dawn?
WEB1 day 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 ...
Piet Viljoen: Opportunities and risks in SA’s rebounding market
WEB22 hours ago · Piet Viljoen: Opportunities and risks in SA’s rebounding market. In this interview, Piet Viljoen, portfolio manager at Merchant West Investment Management, discusses the recent surge in South African stocks following the election, highlighting their continued undervaluation and under-ownership. He explores opportunities in …
BizNews Briefing - SAPS Whistleblower; JP Verster; Piet Viljoen; …
WEB22 hours 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 ...
BizNews Briefing - Magnus Heystek; Neil de Beer; Don Ncube; …
WEB1 day ago · 7th October 2024 by Editor BizNews. Magnus Heystek talks all things markets in today’s Biznews Briefing. The impact of Friday’s positive US jobs data, geopolitics, the Rand and he looks at gold as a safe haven amidst rising Middle East tensions. Today’s briefing also has Neil de Beer on SA’s “wrecking ball” GNU, Don Ncube on SA’s ...
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 …
Capitec; BHI; GNU; Chinese business threat; Luxury gyms. - BizNews
WEB1st October 2024 by Alec Hogg. In this episode of the BizNews Briefing, Capitec CEO Gerrie Fourie shares some of the group’s secret sauce (another stonking set of numbers released today); Magnus Heystek on a 30-year ban for the duo who owned large brokerage Local & Global, facilitators of the BHI ponzi; the FT on how improving Chinese ...
PwC faces record fine in China over Evergrande auditing
WEBMay 30, 2024 · The Ministry of Finance may announce the penalties on PwC as soon as this week over its auditing work for China Evergrande Group, said the people, asking not to be identified discussing a private matter. PwC faces a fine of at least 1 billion yuan ($138 million), the people said. That would exceed the previous record fine for an accounting firm ...