Economy

Economy Latest News

Passwords under threat as tech giants seek tougher security
Passwords under threat as tech giants seek tougher security
by  AFP

Fingerprints, access keys and facial recognition are putting a new squeeze on passwords as the traditional computer security method -- but also running into public hesitancy. The companies have been working on creating and popularising password-free login methods, especially promoting the use of so-called access keys.

S.Africa to offer US new deal to avoid 30% tariff
S.Africa to offer US new deal to avoid 30% tariff
by  AFP

South Africa will offer a "generous" new trade deal to the United States on Tuesday to avoid 30-percent tariffs, government ministers said. "When the document is eventually made public, I think you would see it as a very broad, generous and ambitious offer to the United States on trade," Agriculture Minister John Steenhuisen said at a press briefing.

Stocks rise on restrained US inflation
Stocks rise on restrained US inflation
by  AFP

Stock markets rose on Tuesday as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs. Stock markets in Asia rose on the news, with Tokyo hitting a record.

US consumer inflation holds steady but tariff worries persist
US consumer inflation holds steady but tariff worries persist
by  AFP

Consumer inflation in the United States held steady in July, data showed Tuesday, but underlying price increases picked up as President Donald Trump's sweeping tariffs ripple through the world's biggest economy. From a year ago, underlying inflation rose 3.1 percent, picking up pace too.