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Finance & Markets

South Africa Fund Manager Tips Nigerian Stocks Over South Korea

Allan Gray Ltd., which oversees $29 billion in assets, favors Nigerian stocks over South Korean equities, as they offer a diversification play from the artificial-intelligence frenzy that has swept markets from Wall Street to Asia.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

S’pore GDP grew by 5.4% in third quarter of 2026

On a quarter-on-quarter seasonally adjusted basis, the economy expanded by 1.1%.

  • Singapore's GDP grew by 5.4% in Q3 2026, a slight slowdown from 6.2% in Q2
  • Manufacturing output rose by 7.5% year-on-year in Q3 2026, down from 12.9% in Q2
  • Services sector saw 8% growth in wholesale and retail trade, but no growth in retail trade

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