Latest news with #JohannesburgStockExchange
The South African
3 days ago
- Business
- The South African
B20 South Africa Sherpa update: Progress, dates and new partnerships
As the B20 South Africa journey progresses, B20 South Africa Sherpa Cas Coovadia has shared key updates on the efforts to shape actionable, inclusive and sustainable policy recommendations for the G20. QUIZ | Test your B20 knowledge with this 2-minute survey – AND WIN R2 000! Dear B20 South Africa friends and stakeholders, As we move forward in our B20 South Africa journey, I am pleased to share key updates on our collective efforts to shape actionable, inclusive and sustainable policy recommendations for the G20. All eight B20 Task Forces have now commenced their intensive collaboration, bringing together global expertise to develop concrete policy proposals ahead of our November summit. Their work is critical to ensuring that business voices translate into meaningful, measurable outcomes, ones that balance economic growth with societal development and environmental resilience. We are delighted to confirm that the B20 South Africa Summit will take place from 18-20 November 2025 in Johannesburg. This will be a pivotal moment to convene our global community, share insights, and drive forward recommendations that reflect both African priorities and global imperatives. I am pleased to welcome the Johannesburg Stock Exchange (JSE), MTN and Kwikot as new partners in our work to host Africa's first B20. Their commitment reinforces the collaborative spirit of all our sponsors needed to address the complex challenges ahead. As I have emphasised before, sustainable business is not just what we do, it is how we do it. Our values matter. The policy recommendations must be rooted in inclusion, resilience and long-term thinking. This means creating pathways for all regions, particularly those facing structural constraints, to fully participate in and benefit from global growth. Africa's role in this future is vital. A truly sustainable future must be shaped by the collective and grounded in shared prosperity. • G20 Sherpa Meeting – June 2025 • Virtual Press Roundtables with Task Forces – June 2025 • Fourth Financing for Development Conference (FfD4) – June 2025 Africa's potential is undeniable, but potential alone is not enough. Our goal is to shift the narrative from aspiration to measurable progress, progress that benefits people, economies and the planet. The world does not just need Africa's potential, it needs Africa's leadership. All of us in the B20 South African community look forward to your continued partnership as we build toward November. Together, we can forge policies and ways of doing business that drive inclusive growth and prove that sustainability and shared prosperity go hand in hand, in a cooperating world. Kind regards, Cas B20 South Africa Sherpa Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
Daily Maverick
30-04-2025
- Business
- Daily Maverick
Market masters: JSE Investment Challenge sees record participation as Eden College and UWC excel
The March winners of the JSE Investment Challenge have been announced, showcasing the sharpest minds in South Africa's investment landscape. The Johannesburg Stock Exchange (JSE) has revealed the March winners of its 2025 Investment Challenge. The University of the Western Cape (UWC) and Eden College Durban took top honours in two of the competition's four categories. Growing investment talent With a 52-year history behind it, the JSE Investment Challenge has seen remarkable growth, attracting 6,911 school teams and 1,761 university teams, with a total of 28,304 participants this year. The competition offers a simulated trading environment, where teams manage a virtual R1-million portfolio across four risk-based categories: Income portfolio (low risk) Equity portfolio (moderate risk) Speculator portfolio (high risk) ETF/ETN (exchange-traded funds/exchange-traded notes) portfolio Teamwork and tenacity pay off Eden College Durban's Rupee Renegades clinched the top spot in the income category, earning R13,923.65 in virtual income. After previous attempts in the competition without a win, the team's persistence and collaborative approach proved pivotal this year. 'I think our teamwork is very good. We split up and did a lot of research for different portfolios,' said Priyesh Pramjee, the group's team leader. Another team member, Kuvendren Govender, added that: 'One of the most important things to do is to just watch the market, see what the current trends are, and see if there's a big dip or not. You have to assess for yourself when you think it's worth taking that risk.' While the team was tight-lipped about their specific strategies, they cited a range of influences on their decisions, including global trade tensions, tariffs, the national Budget, and the performance of state-owned enterprises like Transnet. Their teacher, Ashmikka Supkaran, highlighted the team's self-reliance. The students tackled the challenge independently — an approach Supkaran believes ultimately worked to their advantage. Supkaran added that the team applied lessons from last year's experience, stressing the importance of monitoring market trends in stock trading, as these trends ultimately determined investment outcomes. Learning from experience In the university speculator category, UWC's Investment X team — comprising Diteboho Tshabalala (LLB, third year) and Sisonke Mfeketho (BCom in Financial Accountancy) — secured victory with a portfolio growth of 17.93%. Returning for their second year, the team credited their improved understanding of the competition's nuances for their success. 'Last year we did not understand the actual context about some of the categories,' they reflected. Their key takeaway for fellow participants: 'Invest in single stock futures and Top 40 companies,' Mfeketho said. The March winners were: Schools The CEK-Circle of Trust from John Bisseker Secondary School in the Eastern Cape won the equity category, with growth of 11.19%. The Broker Jokers of Afrikaanse Hoër Seunskool in Gauteng won the speculator category with 9.10% growth. CGN-Los Santos Incorporated of Bloubergrant High School in the Western Cape won the ETF/ETN category with 2.33% growth. University ShortSaleSharks of Stellenbosch University in the Western Cape won the ETF/RTN category with 2.27% growth. What this means for you Think you've got what it takes to out-trade the current winners? The JSE Investment Challenge remains open for 2025, offering high school learners and university students a risk-free platform to build practical investment skills using a virtual R1-million portfolio. Whether you're new to trading or refining your strategy, the competition provides hands-on experience with real JSE-listed shares, backed by monthly prizes and the chance to compete nationally. Last year's winners demonstrated how trial, error, and persistence lead to growth; now it's your turn. Schools and universities can register for the challenge at or DM
Yahoo
24-04-2025
- Business
- Yahoo
Nasdaq and AWS Unlock New Era of Growth for Global Capital Markets with Next Generation Infrastructure Solutions
Nasdaq and AWS announce modernization blueprint to drive the benefits of cloud into local market infrastructures through flexible deployment while maintaining data sovereignty and resilience As part of the modernization blueprint, Nasdaq is introducing a new brand for its complete suite of next generation marketplace technology solutions, Nasdaq Eqlipse, delivering cloud-ready capabilities and data intelligence across the full trade lifecycle Nasdaq's Nordic markets first to adopt the blueprint alongside expanded modernization partnerships with Johannesburg Stock Exchange and Mexico's Grupo BMV NEW YORK, SEATTLE, STOCKHOLM, JOHANNESBURG, and MEXICO CITY, April 24, 2025 (GLOBE NEWSWIRE) -- Nasdaq and Amazon Web Services, Inc. (AWS), an Inc. company, today announced an advancement in their shared mission to modernize markets globally. Drawing on their deep experience and expertise in powering capital markets, the companies are introducing a new suite of solutions that empower market operators to enhance liquidity, facilitate capital flows, and drive growth, while upholding the highest level of performance, security and resilience. Today, market operators navigate unique complexities, including emerging technology acceleration, highly competitive environments, regulatory standards, and constantly evolving client needs. Yet, their ability to innovate and modernize at pace requires ever greater expertise and advanced technological capabilities. To address these challenges, Nasdaq and AWS are delivering infrastructure, software, data management and services to enable market operators to overcome modernization barriers cost effectively without compromising resiliency or control. The new blueprint, proven through Nasdaq's successful market modernization with AWS, drives industry standards, dynamic and sustainable operations while promoting a more resilient financial ecosystem. In the long term, the blueprint can enhance investor confidence and connect capital, previously confined locally due to technological complexity, to global investment opportunities. 'Local economies flourish when capital markets are robust, and global investors can confidently channel capital across borders. Conversely, a strong global economy is reliant on local markets that are highly dynamic, where innovators can scale, and capital can seamlessly connect. Powering both creates a virtuous cycle of value creation, driving economic growth and wealth generation,' said Adena Friedman, Chair and Chief Executive Officer, Nasdaq. 'The unique combination of Nasdaq's technology expertise and AWS's advanced infrastructure enables us to solve the industry's most complex challenges that have hampered the growth and scalability of markets around the world. By reducing complicatedness, friction, and fragmentation we are fortifying the financial system with greater connectivity and resilience and enabling a new era of economic growth and prosperity.' 'Building on our 15-year partnership, Nasdaq and AWS are furthering our shared vision to develop technology that simplifies and streamlines capital markets," said Matt Garman, CEO at AWS. "Together, we are helping market operators provide seamless connectivity for markets and investors anywhere in the world, with a blueprint for modernization and innovation, and the ability to unlock new opportunities for innovation and growth in capital markets.' A blueprint for the next generation of markets with resilience and optionality The blueprint empowers market operators to execute their modernization strategies by optimizing their resource investments while focusing on operational excellence, enhancing competitive differentiation, satisfying their regulatory obligations, and driving innovation within their markets. The first three key components of the blueprint include: Bringing together AWS, exchange, and trading participant infrastructure in close proximity to power global capital markets: Building on AWS's high-performing, scalable infrastructure, as well as its deep expertise in operating cloud infrastructure, Nasdaq and AWS are offering a new solution for market operators that addresses resilience, security, proximity and latency demands by positioning AWS services, exchange and trading participant systems in a common location. For the first time, global market participants will have access to industry-leading compute services from AWS in close proximity to the core exchange complex and their own co-located trading systems. In addition, AWS will provide connectivity between this infrastructure and AWS's Global Regions via the AWS Direct Connect service and the AWS global network, to provide low-latency, high bandwidth connectivity for global applications; all while enabling operators to retain overall control of their data. Nasdaq Eqlipse, a next generation marketplace technology platform: Nasdaq Eqlipse seamlessly integrates client community feedback and Nasdaq's development investments, including platform capabilities, application architecture, APIs and product integration. The solutions feature cloud-ready applications and globally standardized APIs with proven interoperability across the full trade lifecycle. Nasdaq's marketplace technology solutions are already used by over 135 market infrastructure providers around the world for multi-asset trading, clearing, central securities depository and surveillance. Nasdaq Eqlipse will also include a new solution – Nasdaq Eqlipse Intelligence – designed to unlock the full potential of market operators' data with modern, cloud-based data management, analytics and reporting capabilities that are specific to market operators' workflows. These capabilities address the industry-wide opportunity to deploy AI at greater scale, recognizing its potential to transform how marketplaces operate. A services deployment model: The modernization blueprint brings together the expertise and experience of Nasdaq and AWS through a new services deployment model. This provides market operators with access to both companies' deep capital markets expertise to help reduce operational heavy lifting. Ultimately the services deployment model powered by AWS is designed to help market operators reduce transformation risks, allowing them to focus technology resources toward a growth-driven capital allocation strategy. Market operators will be able to augment and accelerate their path to modernization, while improving time-to-market for new releases and enhancing overall resilience. The blueprint delivers key benefits to market operators so that they can drive innovation; specifically: Accelerate and de-risk modernization strategies for market operators by delivering an agile technology stack and globally standardized services and workflows that empower the market operators to focus on attracting liquidity from global investors. Provide greater flexibility for both innovation and monetization for market operators by leveraging modern technology infrastructure to capitalize on the potential of AI, enhance their data and insight-based services, and develop new products and functionality to the benefit of all market participants. Promote transparency, enhance liquidity and protect market integrity by strengthening trading, clearing, and settlement operations and reducing barriers for local, regional and global investors with secure access. The blueprint plans to use AWS's global network and low-latency traffic routing to support frictionless, high-speed connections for markets and investors around the world. This connectivity will allow market participants to interact seamlessly and transparently across global exchanges with minimal latency, fostering globally inter-connected markets built on a common data lake architecture. Johannesburg Stock Exchange, Grupo BMV and Nasdaq's Nordic markets modernize their ecosystems Nasdaq has expanded its modernization partnership with both Johannesburg Stock Exchange (JSE) and Mexico's Grupo BMV. Additionally, Nasdaq's Nordic markets have today announced their intention to modernize their infrastructure in line with the blueprint. The JSE is collaborating with Nasdaq around the development of services for colocation, data intelligence and insights, and client interactions. The blueprint service deployment model will support the South African bourse's technology enablement journey to modernize its technology, leverage edge computing infrastructure, explore AI to deliver innovative market solutions and drive operational efficiencies. Leila Fourie, Group CEO of the JSE, said: 'This strategic collaboration is an extension of the long-standing relationship the JSE has with Nasdaq. The market infrastructure developed in partnership with Nasdaq and AWS will open the door to greater global market interconnectivity with minimal latency, which will support increased liquidity and capital flows between the US and South African capital markets. We will be setting new standards for the industry through innovation and technology that creates value for market participants." Building on the market modernization efforts with Nasdaq, Grupo BMV is analyzing how it can build on its existing technology partnership across its clearing and central securities depository platforms by leveraging the services deployment model. They are also evaluating the long-term potential for cloud infrastructure in Mexico and its ability to create a robust, high-integrity ecosystem that reduces barriers to market participation, enhances operational efficiency, and accelerates the adoption of emerging technologies across the Mexican financial landscape. Jorge Alegría, Chief Executive Officer, Grupo BMV, said: 'Our post-trade technology infrastructure is undergoing a transformative evolution, with Nasdaq playing a pivotal role as our enabling partner, as we look toward the next decade. We are committed to driving innovation, enhancing operational efficiency and proactively addressing the evolving needs of our local and international customers.' In line with the blueprint, Nasdaq plans to incorporate the managed infrastructure model within its Nordic markets. Starting with the Nordic derivatives market, Nasdaq will be able to provide additional services to clients, powered by AWS infrastructure which allows Nasdaq's clients to rapidly scale their GPU usage within Nasdaq's own data center in Väsby, Sweden and harness cloud services to innovate faster. Roland Chai, President of European Market Services, Nasdaq, said: 'The success of Nasdaq's Nordic markets has demonstrated the extraordinary power of modern market infrastructure to attract international sources of capital. Incorporating AWS's advanced cloud infrastructure is expected to elevate our markets on the global stage and help to power the next generation of growth across Europe.' These advancements will be made in close consultation with the respective regulatory authorities and are subject to relevant approvals. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at About Amazon Web Services Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit and follow @AmazonNews. About the Johannesburg Stock Exchange The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalization, and is the largest stock exchange in Africa, having been in operation for 137 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen. About Grupo BMV The Mexican Stock Exchange (BMV: BOLSAA) is a fully integrated group with more than 130 years of experience, enabling Mexico's securities and derivatives markets. It consists of a network of leading companies providing services in capital markets, derivatives, debt, post-trade solutions, data and analytics, as well as a range of value-added services. For more details, visit Media Contacts Nasdaq: Emily Pan; +1 646 637 3964AWS: Naomi Little; njlittle@ +1 771 233 2089JSE: Pheliswa Mayekiso; pheliswam@ +27 84 4860502 Grupo BMV: Alberto Maya; amaya@ +52-55-5342-9000 Cautionary Note Regarding Forward-Looking Statements: Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as 'will' and 'can' and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of products and services delivered in line with the modernization blueprint, application and availability of products and services in regulated environments, and Nasdaq's partnership with AWS. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at and the SEC's website at Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. - NDAQF-Sign in to access your portfolio
Hamilton Spectator
24-04-2025
- Business
- Hamilton Spectator
Nasdaq and AWS Unlock New Era of Growth for Global Capital Markets with Next Generation Infrastructure Solutions
Nasdaq and AWS announce modernization blueprint to drive the benefits of cloud into local market infrastructures through flexible deployment while maintaining data sovereignty and resilience As part of the modernization blueprint, Nasdaq is introducing a new brand for its complete suite of next generation marketplace technology solutions, Nasdaq Eqlipse, delivering cloud-ready capabilities and data intelligence across the full trade lifecycle Nasdaq's Nordic markets first to adopt the blueprint alongside expanded modernization partnerships with Johannesburg Stock Exchange and Mexico's Grupo BMV NEW YORK, SEATTLE, STOCKHOLM, JOHANNESBURG, and MEXICO CITY, April 24, 2025 (GLOBE NEWSWIRE) — Nasdaq and Amazon Web Services, Inc. (AWS), an , Inc. company, today announced an advancement in their shared mission to modernize markets globally. Drawing on their deep experience and expertise in powering capital markets, the companies are introducing a new suite of solutions that empower market operators to enhance liquidity, facilitate capital flows, and drive growth, while upholding the highest level of performance, security and resilience. Today, market operators navigate unique complexities, including emerging technology acceleration, highly competitive environments, regulatory standards, and constantly evolving client needs. Yet, their ability to innovate and modernize at pace requires ever greater expertise and advanced technological capabilities. To address these challenges, Nasdaq and AWS are delivering infrastructure, software, data management and services to enable market operators to overcome modernization barriers cost effectively without compromising resiliency or control. The new blueprint, proven through Nasdaq's successful market modernization with AWS, drives industry standards, dynamic and sustainable operations while promoting a more resilient financial ecosystem. In the long term, the blueprint can enhance investor confidence and connect capital, previously confined locally due to technological complexity, to global investment opportunities. 'Local economies flourish when capital markets are robust, and global investors can confidently channel capital across borders. Conversely, a strong global economy is reliant on local markets that are highly dynamic, where innovators can scale, and capital can seamlessly connect. Powering both creates a virtuous cycle of value creation, driving economic growth and wealth generation,' said Adena Friedman, Chair and Chief Executive Officer, Nasdaq. 'The unique combination of Nasdaq's technology expertise and AWS's advanced infrastructure enables us to solve the industry's most complex challenges that have hampered the growth and scalability of markets around the world. By reducing complicatedness, friction, and fragmentation we are fortifying the financial system with greater connectivity and resilience and enabling a new era of economic growth and prosperity.' 'Building on our 15-year partnership, Nasdaq and AWS are furthering our shared vision to develop technology that simplifies and streamlines capital markets,' said Matt Garman, CEO at AWS. 'Together, we are helping market operators provide seamless connectivity for markets and investors anywhere in the world, with a blueprint for modernization and innovation, and the ability to unlock new opportunities for innovation and growth in capital markets.' A blueprint for the next generation of markets with resilience and optionality The blueprint empowers market operators to execute their modernization strategies by optimizing their resource investments while focusing on operational excellence, enhancing competitive differentiation, satisfying their regulatory obligations, and driving innovation within their markets. The first three key components of the blueprint include: The blueprint delivers key benefits to market operators so that they can drive innovation; specifically: The blueprint plans to use AWS's global network and low-latency traffic routing to support frictionless, high-speed connections for markets and investors around the world. This connectivity will allow market participants to interact seamlessly and transparently across global exchanges with minimal latency, fostering globally inter-connected markets built on a common data lake architecture. Johannesburg Stock Exchange, Grupo BMV and Nasdaq's Nordic markets modernize their ecosystems Nasdaq has expanded its modernization partnership with both Johannesburg Stock Exchange (JSE) and Mexico's Grupo BMV. Additionally, Nasdaq's Nordic markets have today announced their intention to modernize their infrastructure in line with the blueprint. The JSE is collaborating with Nasdaq around the development of services for colocation, data intelligence and insights, and client interactions. The blueprint service deployment model will support the South African bourse's technology enablement journey to modernize its technology, leverage edge computing infrastructure, explore AI to deliver innovative market solutions and drive operational efficiencies. Leila Fourie, Group CEO of the JSE, said: 'This strategic collaboration is an extension of the long-standing relationship the JSE has with Nasdaq. The market infrastructure developed in partnership with Nasdaq and AWS will open the door to greater global market interconnectivity with minimal latency, which will support increased liquidity and capital flows between the US and South African capital markets. We will be setting new standards for the industry through innovation and technology that creates value for market participants.' Building on the market modernization efforts with Nasdaq, Grupo BMV is analyzing how it can build on its existing technology partnership across its clearing and central securities depository platforms by leveraging the services deployment model. They are also evaluating the long-term potential for cloud infrastructure in Mexico and its ability to create a robust, high-integrity ecosystem that reduces barriers to market participation, enhances operational efficiency, and accelerates the adoption of emerging technologies across the Mexican financial landscape. Jorge Alegría, Chief Executive Officer, Grupo BMV, said: 'Our post-trade technology infrastructure is undergoing a transformative evolution, with Nasdaq playing a pivotal role as our enabling partner, as we look toward the next decade. We are committed to driving innovation, enhancing operational efficiency and proactively addressing the evolving needs of our local and international customers.' In line with the blueprint, Nasdaq plans to incorporate the managed infrastructure model within its Nordic markets. Starting with the Nordic derivatives market, Nasdaq will be able to provide additional services to clients, powered by AWS infrastructure which allows Nasdaq's clients to rapidly scale their GPU usage within Nasdaq's own data center in Väsby, Sweden and harness cloud services to innovate faster. Roland Chai, President of European Market Services, Nasdaq, said: 'The success of Nasdaq's Nordic markets has demonstrated the extraordinary power of modern market infrastructure to attract international sources of capital. Incorporating AWS's advanced cloud infrastructure is expected to elevate our markets on the global stage and help to power the next generation of growth across Europe.' These advancements will be made in close consultation with the respective regulatory authorities and are subject to relevant approvals. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at . About Amazon Web Services Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 114 Availability Zones within 36 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in New Zealand, the Kingdom of Saudi Arabia, Taiwan, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit . About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit and follow @AmazonNews. About the Johannesburg Stock Exchange The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself on being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalization, and is the largest stock exchange in Africa, having been in operation for 137 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen. About Grupo BMV The Mexican Stock Exchange (BMV: BOLSAA) is a fully integrated group with more than 130 years of experience, enabling Mexico's securities and derivatives markets. It consists of a network of leading companies providing services in capital markets, derivatives, debt, post-trade solutions, data and analytics, as well as a range of value-added services. For more details, visit . Media Contacts Nasdaq: Emily Pan; ; +1 646 637 3964 AWS: Naomi Little; njlittle@ ; +1 771 233 2089 JSE: Pheliswa Mayekiso; pheliswam@ ; +27 84 4860502 Grupo BMV: Alberto Maya; amaya@ ; +52-55-5342-9000 Cautionary Note Regarding Forward-Looking Statements: Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as 'will' and 'can' and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of products and services delivered in line with the modernization blueprint, application and availability of products and services in regulated environments, and Nasdaq's partnership with AWS. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at and the SEC's website at . Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. - NDAQF-
Reuters
07-04-2025
- Business
- Reuters
South African rand hits lowest in over a year, stocks slide
JOHANNESBURG, April 7 (Reuters) - The South African rand slumped to its weakest in well over a year on Monday and local stocks extended their recent slide as global recession fears mounted over U.S. President Donald Trump's sweeping tariffs. At 0815 GMT, the rand traded at 19.4025 against the dollar , down 1.5% on Friday's closing level after earlier touching its weakest since October 2023. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Trump showed no sign of backing away from his tariff plans on Sunday, and investors worldwide were pouring into "safe-haven" currencies like the yen and Swiss franc on Monday. The rand is highly sensitive to risk and tends to be dumped at times of global market uncertainty. Another factor behind the rand's recent plunge - it lost more than 3% against the dollar last week - is local politics. The two biggest political parties in South Africa's government have clashed over the national budget. The prospect of the junior partner - the pro-business Democratic Alliance - exiting or being forced out of the coalition has investors worried. On the Johannesburg Stock Exchange, the Top-40 index (.JTOPI), opens new tab was down 5% at one stage before paring losses to trade down about 3%. The benchmark 2030 government bond fell in early deals, as the yield rose 8 basis points to 9.49%.
