On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
Chinese companies are the big winners in brand values ranking
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Bury that hatchet
Chinese stocks rallied this week after the China Securities Regulatory Commission, Beijing’s market regulator, called for closer co-operation with the US. It stressed the country’s efforts to improve transparency and predictability after a crackdown on tutoring groups obliterated the market value of the $100bn sector’s biggest companies. Last week, the US Securities & Exchange Commission declared that Chinese groups seeking to sell shares in the US would be subject to stricter disclosures.
Payments company Square has reached a deal to buy Australian "buy now, pay later" provider Afterpay in an all-stock deal worth about $29bn. The offer represents a 30% premium based on the recent closing prices for both companies, and the deal will be the largest in Australian history. The deal underscores the huge appetite for "buy now, pay later" providers, which have boomed during the pandemic.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.