Week in Review: Coronavirus Death Toll Rises

Countries around the world are stepping up efforts to tackle the threat of the spread of coronavirus. The latest figures brought the total number of deaths in China to at least 722 with the total number of confirmed cases rising to 34,000. Most of the newly reported deaths, 81, occurred in Hubei Province, the heart…

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Week in Review: Coronavirus Fears Escalate

Growing concerns about the economic impact of the coronavirus dominated headlines this week. Global equity markets and cyclical sectors underperformed whilst bonds rallied. As the outbreak continues to escalate, the World Health Organization has declared it a public-health emergency of international concern, but said restrictions on commerce weren’t necessary and that it had confidence in…

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Week in Review: SAA Placed Under Business Rescue

It was an eventful week on the South African calendar with SAA announcing that it will be placed under business rescue as well as the South African 3rd quarter GDP announcement. Minister of Public Enterprises, Pravin Gordhan announced on Thursday that South African Airways (SAA) will be placed under business rescue, stating that the decision…

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Week in Review: Recession Fears Fade

Global equity markets extended their recent gains, with positive signs of progress on trade negotiations, better-than-expected U.S. corporate earnings, helping to soothe recession fears and boost investor confidence. With roughly 90% of S&P 500 companies having reported results, the third-quarter earnings season is near its end.  Approximately 75% of companies have exceeded consensus earnings expectations,…

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