As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
Paul Hansen, adviser to Stanlib, explains in a Q&A why he believes the bull market in global equites is still alive.
European stocks opened higher, with London's benchmark FTSE 100 index up 0.2% at 7 030.19 points.
Hong Kong stocks suffered another sharp sell-off in the morning with tech firms taking a hit and energy companies dented by a fall in oil prices.
Shares ended the morning session with slight gains as bargain buyers moved in after the previous day's pummelling, but investors remain on edge over a possible China-US trade war.
Tokyo stocks opened flat with investors cautious ahead of key events including a historic US-North Korea summit and central bank meetings of major economies this week.
Hong Kong shares ended the morning session with further gains, with reports of positive China-US trade talks providing support.
Tokyo stocks opened higher as a strong US jobs report continued to support the global market while the yen edged lower against the dollar, boosting Japanese exporters.
Asian equities and the euro sank as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row.
The euro extended losses in Asian trade Tuesday as political uncertainty in Italy stoked fresh fears about the eurozone.
Asian markets mostly fell as Donald Trump shocked the world by pulling out of next month's historic summit with Kim Jong Un.
European stock markets steadied at the start of trading on Tuesday, with London's benchmark FTSE 100 index up fractionally to 7 038.62%%.
Asian markets sank once again as the global sell-off intensified, while Chinese growth slowed in the third quarter, adding to concerns about the world's number two economy.
Hong Kong stocks ended the morning lower with property firms hit by news HSBC had lifted its lending rate for the first time in 12 years after a hike by the city's de facto central bank.
Hong Kong and Shanghai stocks led a sell-off across most Asian markets on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.
Tokyo stocks opened lower after a string of gains this week, with investors seeming cautious ahead of potentially contentious G7 talks and a historic US-North Korea summit.
Tokyo stocks opened flat with investors jittery over global trade tensions and European political turbulence.
Hong Kong stocks rallied in the morning session, following upbeat Chinese factory data and on easing concerns about political turmoil in Italy.
Tokyo stocks opened lower, extending falls on global bourses on fears over political uncertainty in Italy.
Tokyo stocks opened lower Tuesday, dragged down by lingering uncertainty over the prospects for a US-North Korea summit and a political crisis in Italy which is heading for fresh elections.
Wall Street swung to a positive finish, with stocks boosted by Federal Reserve minutes which said the central bank may be willing to let inflation run slightly higher.
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