SA hospital groups are getting healthier, and bigger

The latest results from the three listed healthcare groups in South Africa have two things in common. Firstly, patient numbers have been increasing steadily from the lows of the Covid-19 pandemic, and secondly, they are all expanding to cater for a continuation of the normal increase in demand for quality medical care. Reading the results … Read more

Rebound Predicted For South Korea Stock Market

(RTTNews) – The South Korea stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had climbed more than 55 points or 2.1 percent. The KOSPI now rests just above the 2,610-point plateau although it’s expected to bounce higher again on Friday. The … Read more

RBI reduces minimum networth norm for non-bank Bharat Bill Payment Operating Units

The Reserve Bank of India (RBI) has reduced the minimum networth requirement for non-bank Bharat Bill Payment Operating Units (BBPOUs) from ₹100 crore to ₹25 crore. This move is aimed at facilitating greater penetration of bill payments through Bharat Bill Payment System (BBPS) and to encourage participation of a greater number of non-bank Bharat Bill Payment Operating Units (BBPOUs) … Read more

Amazon Can’t Get Out of Big Tech’s Meeting Hell

Andy Jassy probably shouldn’t take it personally. Amazon . com’s new-ish chief executive led his first annual meeting for the company on Wednesday. He was greeted with 15 shareholder-sponsored proposals—the most Amazon has ever faced. The company unsurprisingly recommended “no” votes on all the measures, and almost as unsurprisingly, none actually passed.

Barclays estimates a 50 basis points hike by RBI in June Monetary Policy; likely to lower FY23 growth to 7%

RBI MPC: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect medium term economic stability in face of the uncomfortable inflation situation, British brokerage firm Barclays said on Thursday. The central bank will likely revise its inflation estimate to … Read more

Broadcom’s VMware Takeover Is Official. Why the Stock Market Is Unenthused.

Text size Mobile version of VMware web page on smartphone. Yury Cherenkov/ Broadcom said Thursday it reached a deal to buy cloud-computing company VMware for about $61 billion. If completed, the acquisition would be one of the biggest of the year so far, trumping Elon Musk’s $44 billion bid for social media site Twitter ( … Read more