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SUNDAY, 09 AUGUST 2020, 16:48

Business

US-China tensions send Asia markets tumbling

Friday at 15:41 PM, via Fin24

A new China-US flare-up sent markets tumbling Friday, while the mood was also soured by US lawmakers’ struggles to agree on a new economic stimulus.

US jobs growth tops estimates as rebound grinds on

Friday at 15:36 PM, via Fin24

The US labor market continued to regain ground in July, though at a slower pace, indicating the economic rebound is still making headway despite a surge in coronavirus infections.

PIC appoints acting CIO

Friday at 14:18 PM, via Moneyweb

The post was last filled by Dan Matjila when he took over as CEO in 2014.

South Africa’s future could be better, could be worse: 2 scenarios

Friday at 12:26 PM, via BusinessTech

Absa has revised its forecast for GDP contraction  in South Africa in 2020, to 8.3% from 9.7% previously, reflecting the better than expected data from the first, and second quarter. Absa discusses two possible alternative scenarios to its baseline, under the title ‘better or worse’.

Gauteng Covid-19 numbers point to recovery: Makhura

Friday at 11:04 AM, via BusinessTech

Gauteng premier David Makhura has published a breakdown of the latest Covid-19 numbers in the province, pointing to a flattening of active cases amid a declining weekly average of infection.

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