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Hope and Angst Grip South African Markets as Coalition Era Dawns yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Election results from South Africa have left investors swinging between anxiety over the different permutations that coalition may take and lingering hopes that whatever it is will result in a market-friendly government.
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Election results from South Africa have left investors swinging between anxiety over the different permuations that coalition may take and lingering hopes that whatever it is will result in a market-friendly government. Before the vote, investors were bullish, confident the ruling African National Congress would secure enough votes for a coalition with a smaller party. That drove gains in the rand and the nation’s other assets. ....
(Bloomberg) Before calling it quits, hedge fund chief George Weiss searched for a buyer for his $3 billion firm — talking to prospective suitors over the past year including Millennium Management.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Takes a Breather Before Inflation Data: Markets WrapThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorWeiss Multi-Strategy Advisers had lacklu ....