News24.com | Asia markets tumble as rate hike fears take hold

The rollout of vaccines, slowing of infections and Joe Biden’s impending huge US stimulus are proving to be a double-edged sword for traders.Alarm bells have been ringing for weeks as the yield on benchmark 10-year US Treasuries climbed to one-year highs.Yields have advanced in other parts of the world, sparking a hefty sell-off in New…

News24.com | Lions prep series coach Mziwakhe Nkosi: This isn’t a new broom sweeping clean

Mziwakhe Nkosi’s appointment as the Lions’ coach for the preparation series acknowledges his rising stock as well as the need to further align franchise structures.The former SA Schools mentor and current Lions Under-21 coach says he’s hardly looking towards reinventing the wheel. Regular head coach Ivan van Rooyen believes the small shake-up is “hugely beneficial” for…

News24.com | European stocks extend losses, bitcoin tumbles

European stock markets slumped Tuesday after a positive start.After stock market gains across most of Asia, European indices proceeded to tumble, with Frankfurt’s DAX 30 index leading the way.Eurozone inflation was confirmed at 0.9% in January compared with a reading of minus 0.3% in December, adding to concerns that price increases are picking up speed.European…

News24.com | Stock markets struggle, as Johnson to outline lockdown exit

Financial stock exchange market display screen board on the street Stock markets mostly fell Monday as falling infection rates and more good news on the vaccine front were overshadowed by growing worries about high valuations and inflation.Prime Minister Boris Johnson is set Monday to start unwinding England’s third and potentially final coronavirus lockdown.European stock “markets…