South Africa's government sold a combined 1 billion rand ($51.74 million) of its 2033, 2038 and 2058 inflation-linked bonds at auction, central bank data showed on Friday.
European shares edged up on Friday in choppy trading as gains in heavy-weight banks following Standard Chartered's strong earnings report were nearly offset by a drop in telecom stocks, ahead of remarks from European Central Bank policymakers.
Nvidia's (NASDAQ: NVDA) stock has been red hot for over a year now. Up an incredible 239% in 2023, it has continued to climb more than 45% so far in 2024 already. Investors aren't averse to paying a high premium for the stock given the potential that the company possesses.
The U.S. dollar was on track to record a weekly fall for the first time in 2024 on Friday, as investors took a breather after subsiding expectations for future Federal Reserve rate cuts drove the greenback up.
The S&P 500 reached a record high in January 2024 for the first time since January 2022, signaling the onset of a new bull market. That bull market actually started when the index reached its bear market low in October 2022. It has since advanced 40%, but history shows plenty
State Street Global Advisors is looking to grow its model portfolio business from $5 billion currently to over $25 billion by the end of this decade. Model portfolios are experiencing increasing popularity among financial advisors and clients. They enable advisors to bundle funds
A major development in 2023 was the boom in active fixed income ETFs as measured by inflows and launches of new ETFs. Some reasons for interest in the category include opportunities for outperformance, lower volatility, and diversification. Ford O’Neil, fixed income portfolio man
Recent economic data and tea leaves from Fed officials have resulted in more challenging conditions for fixed income. Essentially, there is much less certainty about the timing and direction of the Fed’s next move as economic data and inflation have been more robust than expected
An unusual recurrence in the markets is the ‘January effect’. This is the phenomenon of downgraded debt consistently outperforming in the first month of the year. This has taken place in 18 out of the past 21 years. 2024 is no different as the ICE US Fallen Angel High Yield 10% C
BNP Paribas conducted its annual alternative investment survey which revealed some interesting insights. There were 238 respondents, collectively representing $1.2 trillion in hedge fund assets, who were surveyed in December 2023 and January 2024.
"The struggle is real", reads the caption of one TikTok video in which South African mom Lungile Zenda tries to teach her daughter how to say a sentence in their native language, Zulu.
Analysts on Wall Street have probably spent more time thinking about the price of stocks than you have, because it's their full-time job. That doesn't mean they're always correct, but it does suggest that there's a lot to learn from understanding their estimates and thinking abou
Nigeria's naira currency fell to a new record low in intraday trading on Thursday, FMDQ Exchange data showed on Friday, dropping below rates quoted on the parallel market despite the central bank selling dollars to boost liquidity.
(RTTNews) - American Hospital Association or AHA urged healthcare facilities across the United States to disconnect from Change Healthcare, affiliated to insurer UnitedHealth Group, after the healthcare technology firm was hit by a cybersecurity attack.
Ukraine has exported almost 4.3 million metric tons of grain so far this month, exceeding the 3.8 million tons exported over the same period a year earlier, agriculture ministry data showed on Friday.
A global consortium of semiconductor industry groups has asked India to reconsider its plan to push for duties on cross-border digital e-commerce and data transfers at an upcoming global trade meeting, warning that India's stance will stifle its own chip design industry.
Hungary will sign a defence industry deal with Sweden, Prime Minister Viktor Orban said ahead of a meeting with Swedish Prime Minister Ulf Kristersson in Budapest later on Friday, as Hungary prepares to finally ratify Sweden's NATO bid.
(RTTNews) - CSL Vifor and Travere Therapeutics Inc. (TVTX) said that the European Medicines Agency's or EMA CHMP has recommended approval of sparsentan for the treatment of adults with primary IgA nephropathy with a urine protein excretion greater than 1.0 g/day.