China says ‘market has spoken’ after US tariffs spark selloff

2 minutes China said on Saturday “the market has spoken” in rejecting US President Donald Trump’s tariffs, and called on Washington for “equal-footed consultation” after global markets’ dramatic reaction to the trade levies, which drew Chinese retaliation. Several Chinese commerce associations in industries from healthcare and textiles to electronics also issued statements on Saturday calling…

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Springboks not taking win against Georgia for granted

Springboks vs Italy Rugby World Cup holders, the Springboks, are in the Lowveld, having caused a stir in World Rugby yet again after their innovative performance in the second test against Italy. But both Kwagga Smith and Kurt-Lee Arendse have cautioned against underestimating their opponents this weekend, Georgia. The pair maintain that the Boks’ creativity…

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Under-confident Mbappe needs time and love: Ancelotti

Real Madrid’s Kylian Mbappe looks dejected after the match. 3 minutes Striker Kylian Mbappe had another subdued and disappointing performance for Real Madrid on Wednesday, failing to seriously trouble Liverpool’s defence and missing a penalty in their 2-0 Champions League defeat at Anfield. The Frenchman has had a challenging start to life at Real after…

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Global investors overlook election uncertainties to double down on global equities and private equity

Source: Schroders Global Investor Insights Survey. The landmark survey – which encompasses almost 3,000 investors and some $74.5tn in assets across the full spectrum of institutions – instead found that the impact of central-bank policy (70%), high interest rates (68%) and a potential economic downturn (62%) usurped any concerns about this year’s election cycle. Specifically,…

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Two separate drownings reported in Durban

Lifeboat at sea 1 minute Two people have drowned in separate incidents in Durban, KwaZulu-Natal today. Lifesaving South Africa’s Dhaya Sewduth says in the first incident earlier today, it is believed that one person drowned at a beach in Umgababa on the province’s south coast. In the second incident, it is believed that a nine-year-old…

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