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Gold price hits record high on rate cut expectations

The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools. In…

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US stocks to watch as Biden, Trump fight it out

South African markets closed in the red yesterday, ahead of the South African Reserve Bank’s (SARB) monetary policy meeting. Retailers, Pick ‘n Pay …

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business

Top investor says risk premium on SA's bonds is too high

The risk premium on South Africa's bonds is too high, a fund manager at Fidelity International Ltd. said, a day after President Cyril Ramaphosa laid …

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Global stocks firm, bitcoin loses some oomph as Biden steps down

Biden announced on Sunday he would drop out of the election race and endorsed Vice President Kamala Harris for the Democratic ticket. Online betting…

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