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Markets wobble as Trump-Xi talks offset by Musk row
Weekend Argus on Saturday
|June 07, 2025
MARKETS stuttered on yesterday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.
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The much-anticipated discussions between the heads of the world’s biggest economies fuelled hopes for an easing of tensions following Trump's “Liberation Day” global tariff blitz that targeted Beijing particularly hard.
However, investors remained wary after an extraordinary social media row between Trump and billionaire former aide Musk that saw the two trade insults and threats and sent Wall Street into the red.
Wall Street’s three main indexes ended down as Musk’s electric vehicle company Tesla tanked more than 14 percent and the president threatened his multibillion-dollar government contracts.
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FLERE HISTORIER FRA Weekend Argus on Saturday
Weekend Argus on Saturday
'Ramaphosa agreed to disband Political Killings Task Team'
SUSPENDED police minister Senzo Mchunu testified that he briefed President Cyril Ramaphosa about his decision to disband the Political Killing Task Team (PKTT) and added that the commander-in-chief was in agreement with it.
3 mins
October 18, 2025
Weekend Argus on Saturday
Is Sea Point losing its soul to commercialisation?
RESIDENTS CONCERNED
3 mins
October 18, 2025
Weekend Argus on Saturday
Integrity of judiciary under scrutiny
KWAZULU-NATAL'S police commissioner, Lieutenant-General Nhlanhla Mkhwanazi, has ignited a firestorm of controversy this week as he made several high-profile requests to Parliament.
3 mins
October 11, 2025
Weekend Argus on Saturday
Justice for Palestine, say SA activists
CEASEFIRE NOT ENOUGH
2 mins
October 11, 2025
Weekend Argus on Saturday
A cap, a coat, a remote control: Mthethwa's belongings given to widow
A CAP, a coat, and a remote control: these were the belongings handed to the widow of South Africa’s Ambassador to France, Nkosinathi “Nathi” Emmanuel Mthethwa, after his tragic death at an upmarket Paris hotel this week.
1 mins
October 04, 2025
Weekend Argus on Saturday
Sale of CTICC still under review
THE future of the Cape Town International Convention Centre (CTICC) remains under review as the City of Cape Town explores the possible sale of its 72.7% shareholding in the landmark facility.
2 mins
October 04, 2025
Weekend Argus on Saturday
Activists demand release of flotilla volunteers
PICKETS against the ongoing crisis in Palestine are a familiar sight, but yesterday, gatherings across South Africa focused on the detention of humanitarian volunteers captured by Israeli forces while en route to aid Gaza.
4 mins
October 04, 2025
Weekend Argus on Saturday
End of Political Killings Task Team in focus
KZN National Prosecuting Authority (NPA) head, Elaine Harrison said her office was never formally informed of the disbandment of the Political Killings Task Team (PKTT), saying she would have objected to the decision because of the team’s good work.
1 mins
September 27, 2025
Weekend Argus on Saturday
Dire impact of rogue parents on teachers
PARENTAL aggression has pushed already-stretched teachers past their limits, forcing many to leave the profession, and in some cases, the country.
3 mins
September 27, 2025
Weekend Argus on Saturday
Alleged abuse of racehorses in spotlight
HORSERACING is a multi-million rand business in South Africa, but behind the glitz and glamour of racing events and the betting that goes with it, are the horses, whom the National Council of SPCA's (NSPCA) say are subject to abuse, illegal harnessing, including the racing of horses that are too young to race.
3 mins
September 20, 2025
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