Ultimate Flash Boy gets £5m bail, fights extradition to USA 

A UK trader accused of contributing to the 2010 “flash crash” in equity markets began a fight against extradition yesterday as US lawmakers pledged to probe a case which raises questions over the fragility of markets and the strength of regulation.

Naspers and Tencent: The bigger picture

Naspers, being heavily exposed to Chinese internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst.

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