Flash Briefing: US shares new high; Eskom OK - Gordhan; Son loses $130m on Bitcoin; Omnia rebounds
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America’s S&P 500 and Nasdaq Composite indexes reached new all-time highs yesterday.
South Africa’s state-owned power utility Eskom “isn’t on the brink of financial collapse” and the government has the problem “well under control,” according to Public Enterprises Minister Pravin Gordhan.
The founder of Japan’s massive new-age focused venture capital fund Softbank lost more than $130m on a personal bitcoin bet he took when the cyber currency’s price peaked at $19 000 in December 2017.
South African share prices followed global markets higher yesterday, gaining half a percent overall with winning shares beating losers two to one.
South Africa’s state-owned power utility Eskom “isn’t on the brink of financial collapse” and the government has the problem “well under control,” according to Public Enterprises Minister Pravin Gordhan.
The founder of Japan’s massive new-age focused venture capital fund Softbank lost more than $130m on a personal bitcoin bet he took when the cyber currency’s price peaked at $19 000 in December 2017.
South African share prices followed global markets higher yesterday, gaining half a percent overall with winning shares beating losers two to one.
