Major International Business Headlines Brief ::: 30 September 2025

Bulls n Bears info at bulls.co.zw
Tue Sep 30 11:38:37 CAT 2025


	
 


 <https://bullszimbabwe.com/> 

 


 

 <http://www.bullszimbabwe.com> Bullszimbabwe.com
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<https://bullszimbabwe.com/category/blogs/bullish-thoughts/> Bullish
Thoughts        <http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp
<mailto:bulls at bullszimbabwe.com?subject=Unsubscribe> Unsubscribe

 


 

 


Major International Business Headlines Brief :::  30  September  2025 

 


 


 


 <mailto:info at bulls.co.zw> 

 


 

 


 

ü  Businesses urged to tap into AfCFTA, energy partnerships

ü  Travel FX slow to refund £1,500 after Singapore dollars failed to show

ü  Hackers halt production at Japan’s biggest brewer

ü  Pandora shares fall 3.5% after CEO announces retirement

ü  Japan's 2-year bond yield climbs after weakest auction in 16 years

ü  Biomethane not viable for widespread use in UK home heating, report finds

ü  Shell starts production from Victory gas field in North Sea

ü  UK medical products maker Smith+Nephew's CFO shifts base to US

ü  NSE to launch daily expiry GIFT Nifty contracts from October 13

ü  Australia keeps policy rate steady at 3.6% as inflation worries loom

ü  UBS says Swiss capital plan ‘disproportionate’, would weaken bank and
economy

ü  Gulf Wealth Powers China’s 2025 Investment Boom: From Finance to Energy

 


 <mailto:info at bulls.co.zw> 

 


Businesses urged to tap into AfCFTA, energy partnerships

facebook sharing button Sharetwitter sharing button Tweetemail sharing
button Emailwhatsapp sharing button Sharesharethis sharing button

 

MBABANE – Eswatini’s business community stands to benefit from two major
developments highlighted in the latest edition of The Journal of African
Business.

 

The two developments include the growing role of the African Continental
Free Trade Area (AfCFTA) in shaping trade policy across Africa and strategic
collaborations on water security that involve the Eswatini Water Services
Corporation (EWSC).

 

The September/October/November 2025 issue outlines key continental
initiatives with implications for Eswatini’s private sector, from trade
reforms to infrastructure and water partnerships, signalling new
opportunities and challenges for local enterprises.

 

One of the report’s major mentions of Eswatini centres on water security and
quality infrastructure. Magalies Water, one of South Africa’s leading water
utilities, revealed that its Scientific Services Division has conducted
benchmarking sessions with the Eswatini Water Services Corporation (EWSC) as
part of a regional effort to strengthen laboratory services and water
quality management standards across the Southern African Development
Community (SADC).

 

Through this collaboration, EWSC is set to benefit from advanced water
safety technologies, risk-based monitoring systems and specialised training
in areas such as chemical and biological testing, as well as hydrobiology
for water security.

 

The report notes that regional partnerships are becoming critical as climate
variability, ageing infrastructure and urbanisation increase pressure on
water resources. For Eswatini, which has faced water stress in certain
areas, such partnerships could enhance service delivery and support the
country’s industrial and agricultural sectors that rely on stable water
supply.

 

Beyond water security, The Journal of African Business emphasises the
growing role of the African Private Sector Hearings (APSH) in shaping trade
policy under the AfCFTA framework.

 

 

 

 

Travel FX slow to refund £1,500 after Singapore dollars failed to show

The money was taken out of my account and delivery was supposed to be the
next day by Royal Mail. The money never arrived and Travel FX insisted that,
as it was with Royal Mail, it was out of its hands.

 

I was forced to buy another £1,500 from a different provider. Travel FX
insists that I must wait for Royal Mail to investigate and that I will only
get a refund if Royal Mail concludes it was at fault and repays Travel FX.

 

When I complained about the delay, Travel FX told me patience would be the
most economical solution for me.

CS, Farnborough

 

Travel FX’s insistence that redress lies in the hands of its subcontractor,
Royal Mail, is backed up by its terms and conditions, which transfer
liability for a failure to fulfil the contract to Royal Mail. It is Royal
Mail that gets to investigate itself if money in its possession goes missing
and for Royal Mail to decide whether an insurance payment is due to Travel
FX.

 

If Royal Mail decides it is blameless, you will be left empty handed.

 

Moreover, Travel FX allows itself five working days before lodging a claim
with Royal Mail and the latter requires up to 30 working days to
investigate.

 

Crushed cars in scrapyard

DVLA insists my van was scrapped 
 that’s news to me as it’s passed its MOT

Read more

You can’t intervene yourself because Travel FX, as the sender, is Royal
Mail’s customer, not you.

 

Other currency exchanges I have looked at have the same T&Cs for home
deliveries. This is potentially in breach of the Consumer Rights Act 2015,
according to the consumer lawyer Gary Rycroft.

 

The act holds the trader, not the delivery company, legally responsible for
ensuring goods and services reach their destination. There is an exemption
for the “supply” of currency, however, there is, Rycroft says, a legal
distinction between “supply” and “delivery”.

 

Travel FX admitted to me that there is “an argument” around the
interpretation of the act, but said its “priority has always been to support
the customer”.

 

“Unfortunately, Royal Mail’s investigation in this instance has taken longer
than usual, which we agree is frustrating for the customer and for us,” a
spokesperson said.

 

Remarkably Travel FX was able to refund you within three days of my
intervention and 74 days after you had placed the order.

 

Royal Mail did not reply to my request for a comment. Given these risks of
home delivery, I will ensure I buy currency in person.

 

We welcome letters but cannot answer individually. Email us at
consumer.champions at theguardian.com or write to Consumer Champions, Money,
the Guardian, 90 York Way, London N1 9GU. Please include a daytime phone
number. Submission and publication of all letters is subject to our terms
and conditions.

 

 

 

 

Hackers halt production at Japan’s biggest brewer

Japan’s biggest beer maker Asahi Group says it has suspended orders and
shipping services in the country after a cyberattack brought its production
operations to a standstill.

 

Production at some of its 30 domestic factories remained suspended on
Tuesday as the company continued to investigate how many plants had been
affected, Reuters reported, citing the group’s spokesperson.

 

The company, behind Asahi Super Dry Beer and Nikka Whisky and a raft of
non-alcoholic beverages, said it cannot foresee when production will resume,
according to the news agency.

 

The attack first came to light on Monday, when Asahi released a statement
saying its order and shipment operations at its Japan-based companies had
been suspended, alongside its call center services, “due to the system
failure.”

 

The group has not elaborated on the possibly identity of the attacker but
said the cyberattack had not led to leakage of customer data

 

“We are actively investigating the cause and working to restore operations,”
the company said in a statement Monday, adding that there was no estimated
timeline for recovery. CNN has reached out to Asahi for comment.

 

Asahi – which means “morning sun” in Japanese – was founded in 1889, with
founder Komakichi Torii bottling the first Asahi Draft Beer in in Japan in
1900.

 

It has grown to become one of the world’s largest drinks companies and owns
international brands including Peroni, London Pride and Grolsch and several
non-alcoholic beverage brands.-CNN

 

 

 

 

 

 

Pandora shares fall 3.5% after CEO announces retirement

LONDON — European stocks opened lower on Tuesday as investors keep an eye on
U.S. President Donald Trump’s trade tariffs and continued political deadlock
in the U.S.

 

The pan-European Stoxx 600

index was 0.2% lower shortly after the opening bell, with most sectors and
major bourses in negative territory.

 

.FCHI

 

CAC 40 Index        7,857.03     -23.84         -0.30%

.FTMIB

 

FTSE MIB     42,454.84   -99.56         -0.23%

.FTSE

 

FTSE 100     9,277.99     -21.85         -0.23%

.GDAXI

 

DAX   23,738.35   -6.71 -0.03%

.IBEX

 

IBEX 35 Idx 15,323.30   +7.00 +0.05%

.STOXX

 

STOXX Europe 600 554.45        -1.08 -0.19%

Looking at individual stocks, shares of Danish jewelry giant Pandora lost
3.5% in early trade, taking the company to the bottom of the Stoxx 600. It
came after the company said its CEO, Alexander Lacik, would be retiring in
March, with the firm’s Chief Marketing Officer Berta de Pablos-Barbier — a
former LVMH

executive — set to replace him.

 

Global investors will be keeping an eye on the tariff landscape this week
after Trump said Monday that he would impose a 10% tariff on imported timber
and lumber and an initial 25% duty on imported kitchen cabinets, bathroom
vanities and upholstered furniture, before the tariff rate rises next year.
Trump said such imports were threatening the U.S. economy and eroding
national security. 

 

A potential federal government shutdown will also be closely followed by
international markets this week after top Democrats and Republicans met with
Trump at the White House on Monday.

 

After the meeting, Vice President JD Vance said, “I think we’re headed to a
shutdown because the Democrats won’t do the right thing.”

 

Although shutdowns aren’t usually market-moving events, this time could be
different as investors are already wary about a slowing labor market, the
risk of stagflation and elevated stock valuations.

 

A shutdown could also prompt rating agencies to rethink the status of U.S.
credit, which was downgraded in May by Moody’s.

 

In other news, the U.K.‘s Labour Party continues its annual conference in
Liverpool on Tuesday with Prime Minister Keir Starmer set to address
delegates later today. Finance Minister Rachel Reeves’ conference speech on
Monday afternoon saw her give few clues away as to her plans for the Autumn
Budget, in which she is expected to announce tax rises.

 

U.S. stock futures were little changed overnight as investors looked to
close out an unusually strong September by building on Monday’s momentum.

 

Meanwhile, Asia-Pacific markets traded mixed as official Chinese data showed
manufacturing activity contracted for a sixth straight month.-CNBC

 

 

 

 

 

 

Japan's 2-year bond yield climbs after weakest auction in 16 years

Japan's two-year bond yield increased. An auction saw the weakest demand in
sixteen years. Central bank comments fueled interest rate hike expectations.

Japan's two-year bond yield edged up on Tuesday after an auction witnessed
the weakest demand in 16 years, as hawkish comments from the central bank
stoked bets on interest rate hikes.

 

The two-year JGB yield rose 1 basis point to 0.935%, its highest level since
June 2008.

 

"The auction was weak as investors were cautions about the BOJ's early
interest rate hike," said Miki Den, senior Japan rate strategist at SMBC
Nikko Securities.

 

Kuwait has initiated a significant three-part U.S. dollar bond offering,
seeking bids for 3, 5, and 10-year maturities. Indicative pricing ranges
from 70 to 85 basis points over U.S. Treasuries. Major global banks like
Citigroup and JPMorgan are managing the benchmark-sized debt deal, issued
under Kuwait's Global Medium Term Note Programme, signaling a key move in
international finance.

 

India's largest mutual fund bets on short-term government bonds despite
supply tweak

 

Bearish bets to persist in India 10-yr bond, valuation buying to cap
downside

 

India bond yields inch down on quarter-end buying; RBI policy key

Vedanta Resources plans to raise $500 million to refinance costly debt

Browse all Bonds News with

 

BOJ board members debated the feasibility of raising interest rates in the
near term, with some suggesting the time for such a move may be approaching,
a summary of opinions at the central bank's September policy meeting showed
on Tuesday.

 

The summary followed comments from a dovish BOJ board member Asahi Noguchi,
who said on Monday the need for an interest rate hike was increasing "more
than ever."

 

The auction received bids worth 2.81 times the amount sold, the lowest
bid-to cover ratio since September 2009.

 

 

There are concerns about increasing supply of two-year bonds, strategists
said, as the finance ministry boosted the amount of two-year bonds sold on
Tuesday by 100 billion yen ($673.36 million) compared to the previous
month's auction, to 2.7 trillion yen.

 

The ministry has also proposed cutting the issuance of super-long government
bonds in liquidity enhancement auctions and reallocating their share of
issuance to bonds with maturities between one and five years.

 

Despite these hurdles, the increase in the two-year bond yield was limited
because traders took a cue from declines in U.S. Treasury yields overnight,
said Keisuke Tsuruta, a senior fixed income strategist at Mitsubishi UFJ
Morgan Stanley Securities.

 

The 10-year JGB yield fell 1 bp to 1.63% and the 20-year JGB yield fell 1.5
bps to 2.575%.

 

The 30-year JGB yield fell 2.5 bps to 3.095%.

 

($1 = 148.5100 yen).

 

 

 

 

Biomethane not viable for widespread use in UK home heating, report finds

Gas derived from farm waste will never be an alternative to the widespread
adoption of heat pumps, research shows, despite the claims of fossil fuel
lobbyists.

 

Biomethane, which comes mainly from “digesting” manure, sewage and other
organic waste, has been touted as a low-carbon substitute for fossil fuel
gas, for use in home heating. Proponents say it would be less disruptive
than ripping out the UK’s current gas infrastructure and installing heat
pumps.

 

But research seen by the Guardian shows that while there may be a role for
biomethane in some industries and on farms, it will not make a viable
alternative for the vast majority of homes.

 

A study by the analyst company Regen, commissioned by the MCS Foundation
charity, found that biomethane could account for only up to 18% of the UK’s
current gas demand by 2050. That is because the available sources: manure,
farm waste and sewage, cannot be scaled up to the extent needed without
distorting the UK’s economy, or using unsustainable sources.

 

 

Faced with the limitations of biomethane, ministers would do better to rule
out its widespread use in home heating and concentrate on heat pumps, MCS
concluded.

 

Garry Felgate, the chief executive of the MCS Foundation, said: “Biomethane
has an important role to play in decarbonisation – but not in homes. If we
are to meet our climate targets and ensure that every household has access
to secure, affordable energy, there is simply no viable way that we can
continue to heat homes using the gas grid, whether that is using fossil gas,
hydrogen, or biomethane.”

 

Gas companies have a strong vested interest in the future of biomethane
because its widespread use would allow them to keep the current gas
infrastructure of pipelines, distribution technology and home boilers in
operation. If the UK shifts most homes to heat pumps, those networks will
become redundant.

 

The same arguments are made by gas companies, and by some trade unions, in
favour of hydrogen, which has also been touted as a low-carbon alternative
to heat pumps, but which numerous studies have shown will not be
economically viable at the scale required.

 

At the Labour party conference this week, delegates were bombarded by
lobbyists claiming that biomethane could take the place of 6m gas boilers
and delay the phase-out of gas boilers.

 

Felgate said ministers must require the decommissioning of the gas grid by
2050, and set a clear deadline for phasing out boilers.

 

“Failure to plan for the decommissioning of the gas grid will result in it
becoming a stranded asset,” he said. “Consumers and industry need certainty:
biomethane will not replace fossil fuel gas in homes, electric heating such
as heat pumps is the only viable way to decarbonise homes.”

 

Tamsyn Lonsdale-Smith, the energy analyst at Regen who wrote the report,
said there were uses for biomethane in industry, but that it was not
suitable for widespread consumer use. “Biomethane can be a green gas with
minimal environmental and land use impacts – but only if produced from the
right sources, in the right way and at an appropriate scale,” she said. “The
government is right to be focusing on scaling up biomethane production, but
as sustainable supplies are likely to be limited, it is critical that its
use is prioritised for only the highest value uses where carbon reductions
are greatest.”

 

A government spokesperson said: “Biomethane can play an important role in
reducing our reliance on imported gas, increasing our country’s energy
security and helping to deliver net zero. We are looking at how we can
further support the sector and plan to publish a consultation on biomethane
early next year.”

 

 

 

 

Shell starts production from Victory gas field in North Sea

(Reuters) - Shell (SHEL.L), opens new tab has started production from its
Victory gas field in the North Sea, which at peak production can heat almost
900,000 homes per year, it said on Tuesday.

At full capacity, the gas field can produce about 150 million standard cubic
feet per day of gas, or about 25,000 barrels of oil equivalent per day. The
field will provide gas for Britain's homes, businesses and power generation.

The Reuters Power Up newsletter provides everything you need to know about
the global energy industry. Sign up here.

Victory will contribute toward Shell's goal to deliver gas projects with
total production of more than 1 million boed by the end of the decade.

Advertisement · Scroll to continue

The company expects most of the recoverable gas at the field, which is about
47 km northwest of the Shetland Islands, to have been extracted by that
time.

Shell will extract gas via a single subsea well and transport it to the
Shetland Gas Plant using an existing pipeline network, the company said.

It will then be delivered to the Scottish mainland at St. Fergus near
Peterhead, and fed into the national gas network.

UK gas production is expected to fall by 10% this year from 2024, according
to data from the North Sea Transition Authority in March.

Reporting by Stephanie Kelly; Editing by Jan Harvey

 

Our Standards: The Thomson Reuters Trust Principles.

 

 

 

 

 

 

UK medical products maker Smith+Nephew's CFO shifts base to US

(Reuters) - Smith+Nephew (SN.L), opens new tab said on Tuesday its chief
financial officer, John Rogers, would now be based out of the United States,
citing operational efficiency as more than half of the British medical
products maker's revenue comes from the U.S.

 

 

Moving Rogers, a British national, from the UK would "enhance executive
leadership and oversight" of U.S. operations, the company said, adding that
it would also help execute Smith+Nephew's strategy alongside senior leaders
based in the U.S. and elsewhere.

 

 

The group, which makes orthopaedic implants, wound dressings and other
surgical aids, has been cutting costs and launching products to tap into a
recovery led by elective surgeries in the U.S., offsetting pressures in
China.

The U.S. made up nearly 54% of the company's revenue in 2024. Most
Smith+Nephew's manufacturing bases are also in the U.S., accounting for
about two-thirds of products it sells there.

Last week the U.S. Commerce Department said it had opened new national
security probes into the import of medical equipment, among other goods,
under the so-called "Section 232" investigations to determine the impact of
imports on national security.

 

 

Smith+Nephew has not commented on the latest probe, but it had previously
said that it expects to see the bulk of tariff impact in the second half of
the year. To mitigate the impact, its plans involve adjusting the product
flow within its manufacturing network.

The company on Tuesday also said that Rogers, 57, will be employed under a
local U.S. contract, with remuneration also aligned with U.S. market
practices. His base salary will be reduced to $875,000 from $1.01 million,
at current exchange rates.

Smith+Nephew said that Rogers' move was unrelated to any U.S. visa changes.
U.S. authorities this month had introduced a $100,000 one-time fee for new
H-1B visa petitions, a process largely used by tech companies to bring in
skilled foreign workers.

Reporting by Nithyashree R B and Pushkala Aripaka in Bengaluru; Editing by
Janane Venkatraman, Ronojoy Mazumdar and Susan Fenton

 

Our Standards: The Thomson Reuters Trust Principles.

 

 

 

 

NSE to launch daily expiry GIFT Nifty contracts from October 13

National Stock Exchange will offer a daily expiry on GIFT Nifty contracts to
foreign investors via a tax-neutral jurisdiction as it seeks to attract more
global funds, diverging from domestic markets' tighter equity derivatives
rules.

 

GIFT Nifty is a dollar-denominated derivative contract of the Nifty 50
traded on NSE subsidiary, the NSE International Exchange (NSE IX) in Gujarat
International Finance Tech (GIFT) City. In August, the contract crossed $100
billion in terms of monthly turnover.

 

Zero-day-to-expiry contracts will be introduced with effect from October 13,
the NSE said in a notice late on Monday. There will be five weekly expiries
from Monday to Friday, expiring on a daily basis, NSE said.

 

Resident Indians are not allowed to trade in these contracts.

 

India has been pitching the tax-neutral financial centre in Indian Prime
Minister Narendra Modi's home state of Gujarat as an alternative to centres
such as Dubai and Singapore by offering lenient regulations and taxation
policies to attract foreign investors.

 

"We are hoping to attract more foreign investors by offering a product that
is available on other global exchanges such as the Chicago Board Options
Exchange," said V. Balasubramaniam, chief executive of NSE IX.

 

Contrasting concerns

The introduction of daily expiries on GIFT Nifty is in contrast to steps
being taken to cool the booming equity derivatives trade in the mainland
markets, where domestic retail investors have rushed in.

 

Nearly 90% of retail investors are incurring losses in derivative trading,
market regulator Securities and Exchange Board of India (SEBI) has said.

 

In October last year, SEBI limited expiries to one per week for each
exchange. It is now planning to increase the tenure of equity derivatives
contracts.

 

With mainland markets, the regulator's concern is to limit retail investor
losses, said a person with direct knowledge of the GIFT authorities'
decision.

 

A similar concern does not exist in GIFT City as the product is meant only
for sophisticated foreign institutions and proprietary traders, they added.

 

Exchanges in GIFT City are regulated by International Financial Services
Centres Authority.

 

 

 

 

 

Australia keeps policy rate steady at 3.6% as inflation worries loom

Australia’s central bank expectedly held benchmark policy rates at 3.6% on
Tuesday as inflation in the country stays at its highest level in more than
a year.

 

The move was in line with expectations from economists polled by Reuters,
and comes after the country earlier this month reported headline inflation
rate of 3% for August — the highest since July 2024 — with housing, food and
alcohol driving price growth.

 

The Reserve Bank of Australia signaled inflation worries in its statement
Tuesday: “Recent data, while partial and volatile, suggest that inflation in
the September quarter may be higher than expected at the time of the August
Statement on Monetary Policy.”

 

The bank said that private demand was recovering, and there were indicators
that inflation might be persistent in some areas.

 

The RBA has cut rates by 75 basis points so far this year, after holding
them steady at 4.35% since November 2023 in its bid to rein in inflation.

 

The central bank said economic outlook was uncertain due to domestic and
international developments. “Stronger-than-expected data on growth and
inflation may indicate that households have become more comfortable
consuming ... [but] growth in consumption might not persist, particularly if
households become more concerned about overseas developments.”

 

RBA Governor Michelle Bullock said to the country’s parliament earlier this
month that “the global environment is particularly uncertain and
unpredictable, but monetary policy is well placed to respond if it seems
international developments could have a material impact on Australia’s
economy.”

 

In a note after the RBA decision, Oxford Economics’ Head of Economic
Research and Global Trade Harry Murphy Cruise said the RBA had “effectively
won its fight against inflation.“

 

He forecasts that Australia’s trimmed mean inflation — a gauge of core or
underlying inflation — to ease to 2.6% in the third quarter of 2025, and
added that this should pave the way for a rate cut in November. RBA
inflation target is between 2% and 3%.

 

An additional cut in the first quarter of 2026 can be expected, as
underlying inflation by that time will have approached the midpoint of RBA’s
target band, but unemployment rate is expected to rise, warranting
additional monetary support, Cruise said.

 

Australia’s economic growth in the second quarter topped expectations,
expanding at its fastest rate since September 2023, allowing room for the
central bank to hold rates and focus on curbing inflation.

 

The country’s GDP grew 1.8% year over year, higher than the 1.6% expected by
economists polled by Reuters, and stronger than the 1.3% seen in the
previous quarter.

 

On a quarter-over-quarter basis, Australia’s GDP grew 0.6%, compared to 0.5%
forecast in the Reuters poll.

 

Data from the Australian Bureau of Statistics showed that growth was driven
by domestic spending, including household and government consumption.

 

 

 

 

UBS says Swiss capital plan ‘disproportionate’, would weaken bank and
economy

UBS <UBSG.S> on Tuesday said government plans for Switzerland’s biggest bank
to hold more capital were “disproportionate” and “out of touch with
reality”, as it stepped up its campaign against the proposals.

 

The measures, drafted to make the Swiss financial sector more secure in the
wake of the 2023 Credit Suisse crisis and due to be implemented as soon as
next year, would weaken the bank, financial industry and the country’s
economy, UBS warned.

 

The lender said it supported the Swiss government’s aims of learning lessons
from the Credit Suisse crisis, which led to UBS’s takeover of the stricken
bank, and strengthening the Swiss regulatory framework.

 

“However, the currently proposed capital measures do not meet these
criteria,” UBS said in its response to a government consultation on the
measures.

 

“The proposed measures... go far beyond international standards,” it added.

 

$42 billion of additional capital needed

The broadside came as UBS and the government manoeuvre ahead of the
introduction of the proposals, although both sides have also privately
signalled a willingness to compromise.

 

As a result of the Credit Suisse takeover initiated by the authorities and
the proposed adjustments, UBS would have to hold around $42 billion of
additional capital, the bank said.

 

This would give UBS a Common Equity Tier 1 capital requirement of 19%, a
figure that was 50% higher than its European and U.S. competitors, the bank
said.

 

As a result, UBS would be at a “significant disadvantage in an international
comparison, weaken the Swiss economy and the financial centre, and take
insufficient account of the lessons learned from the Credit Suisse crisis”,
the bank said.

 

UBS disputes treatment of software, deferred tax assets

The measures, which can be introduced without going through parliament,
could make UBS hold around $11 billion more in core capital. Switzerland
says more capital is needed so UBS can better absorb losses and stabilise
itself in a crisis without taxpayer support.

 

Bern also wants to improve the quality of UBS’s core capital by excluding
items such as software and deferred tax assets. UBS said it was against that
exclusion, saying it destroyed capital without justification.

 

The government will examine the comments from the bank, industry bodies and
political parties before deciding on how to proceed.

 

 

 

Gulf Wealth Powers China’s 2025 Investment Boom: From Finance to Energy

Gulf investment in China is reshaping the country’s 2025 economic landscape.
Sovereign wealth funds from the Middle East are fueling growth across
finance, energy, renewables, and logistics. This article explores sectoral
trends, policy reforms, and the evolving China–GCC investment relationship.

 

Middle Eastern investment in China in 2025 is reshaping the flow of global
capital. After a period of declining overall foreign direct investment
(FDI), Beijing’s new measures, such as the 2025 Action Plan to stabilize
foreign investment and reforms to the qualified foreign institutional
investor (QFII) regime, are attracting renewed interest.

 

Sovereign wealth funds from the Gulf, which accounted for over 60 percent of
China’s sovereign inflows in 2024, continue to drive activity this year.
Capital is increasingly directed toward finance, energy, and downstream
petrochemicals, renewables, logistics, and digital infrastructure,
reflecting both diversification and alignment with China’s industrial and
policy priorities.

 

This article analyzes how those flows are reshaping bilateral investment
ties, explores the geopolitical and sectoral dynamics behind them, and
highlights what business readers should watch in the months ahead, including
China–Gulf Cooperation Council (GCC) Free Trade Agreement (FTA)
negotiations, exchange-traded fund (ETF) product launches, and the
conversion of memoranda of understanding (MoUs) into fully operational
projects.

 

 

 

 

 

 


 


 


 Invest Wisely!

Bulls n Bears 

 

Cellphone:         +263 71 944 1674 | +27 79 993 5557 

Email:                <mailto:bulls at bullszimbabwe.com>
bulls at bullszimbabwe.com

Website:             <http://www.bullszimbabwe.com> www.bullszimbabwe.com 

Blog:                  <http://www.bullszimbabwe.com/blog>
www.bullszimbabwe.com/blog

Twitter (X):        @bullsbears2010

LinkedIn:           Bulls n Bears Zimbabwe

Facebook:           <http://www.facebook.com/BullsBearsZimbabwe>
www.facebook.com/BullsBearsZimbabwe



 

 

 


 

INVESTORS DIARY 2025

 


Company

Event

Venue

Date & Time

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


Companies under Cautionary

 

 

 


 

 

 

 


CBZH

GetBucks

EcoCash

 


Padenga

Econet

RTG

 


Fidelity

TSL

FMHL

 


 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

 


DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of
Faith Capital (Pvt) Ltd for general information purposes only and does not
constitute an offer to sell or the solicitation of an offer to buy or
subscribe for any securities. The information contained in this report has
been compiled from s believed to be reliable, but no representation or
warranty is made or guarantee given as to its accuracy or completeness. All
opinions expressed and recommendations made are subject to change without
notice. Securities or financial instruments mentioned herein may not be
suitable for all investors. Securities of emerging and mid-size growth
companies typically involve a higher degree of risk and more volatility than
the securities of more established companies. Neither Faith Capital nor any
other member of Bulls ‘n Bears nor any other person, accepts any liability
whatsoever for any loss howsoever arising from any use of this report or its
contents or otherwise arising in connection therewith. Recipients of this
report shall be solely responsible for making their own independent
investigation into the business, financial condition and future prospects of
any companies referred to in this report. Other  Indices quoted herein are
for guideline purposes only and d from third parties.

 


 

 


 (c) 2025 Web:  <http://www.bullszimbabwe.com> www.bullszimbabwe.com Email:
<mailto:bulls at bullszimbabwe.com> bulls at bullszimbabwe.com Tel: +27 79 993
5557 | +263 71 944 1674

 


 

 

 

 

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 9458 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 65566 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image007.jpg
Type: image/jpeg
Size: 29359 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image008.jpg
Type: image/jpeg
Size: 29321 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image009.jpg
Type: image/jpeg
Size: 29329 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20250930/92dcfa51/attachment-0005.jpg>


More information about the Bulls mailing list