IMF Halts Afghanistan from Access to Funds, Loans After Taliban’s Weekend Takeover
The International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender’s resources, following the...
The International Monetary Fund (IMF) has said Afghanistan will no longer be able to access the lender’s resources, following the...
U.S. crude oil inventories fell 3.2 million barrels last week to 435.5 million barrels, their lowest since January 2020, the...
The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and...
Global markets were mixed for a second week running, with data indicating that markets from the west were trading...
The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of...
Trading volume has slumped on wall street, typical of August, as a stellar second-quarter earnings season winds down. Investors are...
Coinbase Global Inc climbed 3.24% on wall street after the cryptocurrency exchange beat market estimates for second-quarter profit, helped by...
Oil prices on Wednesday consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs...
Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be...
Wall Street's benchmark, the S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks...
Asia-Pacific markets broadly struggled for gains on Monday as investors kept an eye on the Covid-19 situation across the region...
Global Markets touched new highs again last week, with the latest jobs report reflecting the broadly favourable fundamental backdrop. We...
The Capital Markets Authority (CMA) has directed Cytonn Asset Managers Limited, a licensed fund manager, to stop signing new clients...
The Dow and the S&P 500 indexes closed at record highs on Friday following a stronger-than-expected jobs report, while investors...
Shares in Asia-Pacific were mixed on Friday as investors awaited the release of a closely watched U.S. jobs report. Shares...
Shares in Asia-Pacific were mixed on Thursday. Investors also monitored Hong Kong-listed shares of firms related to the Chinese video...
Wall Street’s main indexes closed mostly lower on Wednesday, with the S&P 500 falling from a record high hit a...
Shares in major Asia-Pacific markets rose on Wednesday, as a private survey showed accelerating Chinese services activity growth in July....
The S&P 500 index on the wall street closed at record high on Tuesday on gains in Apple and healthcare...
The derivatives market of the Nairobi Securities Exchange (NSE) posted a rise in turnover during Monday’s trading session, with 26 single...
Stocks in Asia-Pacific were mixed on Tuesday, with Hong Kong-listed shares of firms in the Chinese online gaming market plummeting...
Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory...
Wall street's benchmark, the S&P 500 Index, closed slightly lower on Monday after erasing early gains as worries about the...
Market activity on the Nairobi Securities Exchange (NSE) extended a decline during the week as investors turned to the primary...
Global markets were on the mixed this week. A slew of corporate earnings reports, economic data, a Fed meeting, and...
Home Afrika Group reported a 62% decrease in Loss After Tax of Kes 340.3 Million for the period ended 31st...
Stocks on wall street fell on Friday and registered losses for the week as Amazon.com shares dropped after the company...
US stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when...
U.S. stocks on wall street fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors...
Activity on the Nairobi Securities Exchange (NSE) was fairly flat as investors focus remained on some of the top counters...
Global markets were mixed but mostly higher with most markets experiencing pullbacks, which have been infrequent and short-lived as strong...
Stocks rallied to records on Wall Street Friday, and the Dow Jones Industrial Average closed above the 35,000 level for...
A pull-back in economically sensitive cyclicals kept wall street benchmarks; the S&P 500’s and the blue-chip Dow’s gains muted, while...
Netflix Inc late Tuesday reported slowing subscriber growth, sending its shares down 3.3% on wall street, the second-largest percentage loser...
Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safe-haven U.S. Treasuries...
Kapchorua Tea Kenya Plc was the week’s top gainer on the NSE, adding 25.6% in investor wealth to close the...
Global Markets were mixed, majority of them loosing ground last week yet remain in a steady and mostly uninterrupted uptrend...
Wall Street ended lower on Friday, weighed down by declines in Amazon, Apple and other heavyweight technology stocks, while investors...
Wall Street's benchmark, the S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session...
Wall Street benchmark indices, the S&P 500 and Nasdaq, ended lower on Tuesday after hitting record highs earlier in the...
Wall Street’s main indices closed at their highest levels ever on Monday, lifted by Tesla and bank stocks as investors...
The market capitalization of the Nairobi Securities Exchange (NSE) posted a 1% rise this week to Kes 2.73 Trillion from the...
Global markets had to offer a bit of everything for investors, from labor market readings to Federal Reserve minutes to...
The three major wall street indexes rallied to record closing highs on Friday as financials and other economically focused sectors...
Shares in Asia-Pacific mostly declined on Thursday, as Chinese tech stocks in Hong Kong came under pressure after regulatory fears resurfaced....
Stocks on wall street ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes...
Shares in Asia-Pacific were mixed on Monday as Brent crude futures hovered around $76 while investors watched for developments from...
Nairobi Business Ventures recorded a 44.48% gain during the week on the Nairobi Securities Exchange (NSE) to close the week...
Shares in Europe were down slightly, a surprise on global markets but backed on worries that inflationary pressures, seen across...
Didi Global Inc jumped 16.0% during trading hours on wall street, on its second day of trading as a U.S.-listed...
Wall Street's S&P 500 notched its fifth consecutive advance, while the Dow snapped its four-month winning streak to end slightly...
TPS Eastern Africa, the owner of Serena Hotels plans to issue 200 million new ordinary shares through a rights issue after its...
Google has rolled out three programs worth Kes. 642 million ($6 million) which are expected to support women and young...
Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the...
The Nairobi Business Ventures was the week’s top gainer on the Nairobi Securities Exhcange (NSE) adding 22.65% in investor wealth...
Banxico, Mexico’s central bank, surprised global market observers by raising its key lending rate by a quarter percentage point to...
Aden Duale, now wants the CMA to disclose the total number of unregulated capital market products in the country including...
Benchmark Wall Street indexes, the Nasdaq and the S&P 500 indexes closed at record highs on Thursday, with the Dow...
The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data...
Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar...
Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back...
The US dollar gathering strength mid last week pushed gold to extended its slide and lost nearly 5 percent in...
Backed by stability in various stock prices, the market capitalization of the Nairobi Securities Exchange (NSE) was flat this week...
Global markets were on the low as a surprisingly hawkish outcome from the Federal Reserve’s June 15–16 policy meeting and...
Stocks on Wall Street ended sharply lower on Friday, with the Dow and S&P 500 posting their worst weekly performances...
Technology shares on wall street jumped on Thursday on optimism around a speedy economic recovery, although the Federal Reserve’s unexpectedly...
The Capital Markets Authority wrote to Cytonn Asset Managers that should the company's Unit Trust fail to secure a new...
The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications...
The Board of Kenswitch Kenya Limited has appointed Ms. Karimi Ithau as Managing Director as the company rolls out its...
Oil prices rose on Wednesday, with Brent gaining for a fifth consecutive session, as falling stockpiles and a recovery in...
Kenya has appointed Citi and JP Morgan as joint book-runners for a dollar-denominated sovereign bond issue, and I&M Bank and...
Wall Street took a step back on Tuesday, with all three major indices dropping after two posted record highs on...
The S&P 500 and the Dow eased on Monday on Wall Street, a day after the S&P 500 hit a...
Shares in Asia-Pacific were mixed in Monday trade, with multiple major markets in the region closed for holidays. The Nikkei 225 in...
Market activity on the Nairobi Securities Exchange (NSE) rose during the week, boosted by the sale of shares on the...
Global markets were mixed during the week as investors reacted to various economic data from both the U.S Consumer price...
Stocks on wall street closed modestly higher at the end of a torpid week marked with few market-moving catalysts and...
Shareholders of listed infrastructure firm Transcentury Plc have approved a rights issue, primarily aimed at the company raising capital for...
Williamson Tea, one of the oldest tea companies in Kenya, has issued a profit warning for the financial year that...
The Kenyan economy is expected to rebound to 6.6 percent in 2021 reinforced by the prevailing stable macroeconomic environment and the...
Wall Street's benchmark, the S&P 500 hit a record intraday high on wall street on Thursday as investors juggled signs...
Kenya's largest mobile telecommunications operator Safaricom Plc, has officially launched the E-Sim service. Safaricom becomes the second telco after Jamii...
Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when...
Kenya's Budget and Appropriations Committee of the National Assembly is proposing an upward review of the debt ceiling to enable...
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures rising 0.44% to $72.54 per...
Shelter Afrique, a pan-African housing development financier, has signed a Ksh. 1,186,900,000 ($11 million) housing deal with the African Banking Corporation...
Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional...
Wall Street's benchmark, the S&P 500 ended a languid session slightly in the red on Monday, with investors standing by...
In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90 while the MSCI’s broadest index of Asia-Pacific stocks outside...
Nation Media Group was the week’s top gainer on the Nairobi Securities Exchange ( NSE), adding 31.01% in share price...
Global markets experienced a lift during the week buoyed by the United State's May employment report which showed job growth...
Devki Group has announced its withdrawal from the race to invest in troubled Mumias Sugar Company, barely two weeks after...
Shares in Asia-Pacific were mixed on Friday, as the Reserve Bank of India held steady on interest rates. Hong Kong’s Hang...
Oil prices eased on Friday as concerns about the patchy roll-out of COVID-19 vaccinations around the globe tempered optimism over...
Wall Street's main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week...
Wall Street indices, the S&P 500 and the Dow rose on Tuesday, with the benchmark S&P 500 within 0.5% of...
Shares in Asia-Pacific were mixed on Monday, as investors reacted to the release of China’s official manufacturing Purchasing Managers’ Index...
East African Cables Plc was the week's top looser on the NSE, continuing a shedding streak, was down 11.85% at...
Kenya Railways Corporation (KRC) will begin providing hourly rides on its Diesel Multiple Units(DMUs) for Nairobi Commuters after receiving the...
Global markets traded fairly mixed this week as most markets as investors watched on various economic data from the United...
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