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South Africa's main stock index rose 2% to 115,591.30 points.

2026-08-19

South Africa's main stock index rose 2% to 115,591.30 points.

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2026-08-19

Technology company yields are currently higher than most industries, and investment-grade bonds, which typically have low interest rates, are now comparable to junk bonds. The bond market is repricing technology companies—in the past, technology comp

Technology company yields are currently higher than most industries, and investment-grade bonds, which typically have low interest rates, are now comparable to junk bonds. The bond market is repricing technology companies—in the past, technology companies had lower credit risk than most industries, but now they are being required to pay a higher financing risk premium. Note: Credit spread (OAS) simply means how much extra interest must be paid relative to the risk-free rate of the same maturity to compensate investors for the credit risk they bear. A higher OAS value indicates that the market perceives higher credit risk.
2026-08-19

Tropical storm Saudel, the 18th named storm of the year, formed this morning in the northwest Pacific. At 11:00 its center was about 1,160 km southeast of Guam at 8.2°N, 153.9°E. Maximum sustained winds near the center 18 m/s; central pressure 998 hP

Tropical storm Saudel, the 18th named storm of the year, formed this morning in the northwest Pacific. At 11:00 its center was about 1,160 km southeast of Guam at 8.2°N, 153.9°E. Maximum sustained winds near the center 18 m/s; central pressure 998 hPa; radius of 7-level winds 100–200 km. Saudel is moving NNW at 15–20 km/h, expected to strengthen and track toward waters east of the Ryukyu Islands. No impact on Chinese waters is expected over the next five days.
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