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...

Allianz and Jubilee Holdings announced a 66% stake in the Jubilee General Insurance Company in Kenya to form Jubilee Allianz.

Stocks in Asia-Pacific mostly rose in Friday trade, as investors reacted to the market debut of JD Logistics in Hong...

Gold prices edged lower on Friday, as an uptick in the dollar and U.S. Treasury yields weighed on the safe-haven...

CBK’s foreign currency reserves remain adequate to provide 4.55 months of import cover and cushion the economy against short-term shocks...

Robust economic data from the United States, the world’s largest economy and oil consumer, also buoyed risk appetite by investors.

Wall Street Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation...

Shares in Asia-Pacific were mixed on Thursday as investors reacted to the release of Chinese industrial profits data for April....

TPS Eastern Africa, the company that owns and operates Serena Hotels, has reported a net loss of Kes1.2 billion for the...

Stocks on wall street closed out Wednesday’s session with modest gains as recent comments from Federal Reserve officials helped tamp...

Equity Group Holdings Plc has returned strong quarter one results in a challenging environment amidst the multi-faceted Covid-19 crisis of...

Gold prices held firm near a 4-1/2-month high on Wednesday as a drop in U.S. Treasury yields and a weaker...

Stocks on wall street closed slightly lower on Tuesday, and each of Wall Street's main indexes failed to stray far...

The derivatives market of the NSE posted a decline in activity during today’s trading session, with 26 single stock futures contracts...

Shares in Asia-Pacific rose on Tuesday, as investors watched tech shares following overnight gains in the sector stateside. Mainland Chinese...

The Capital Markets Authority (CMA) has admitted KOA Save Africa Limited and Moneto Ventures Limited to the Regulatory Sandbox paving...

After falling as much as 4.3% from its May 7 record intraday high, wall street's benchmark S&P 500 is now...

At the end of the first weekday of trading on the Nairobi Securities Exchange this week. A total of 15,587,300...

Asia-Pacific markets traded mostly higher Monday but investors remained cautious over a resurgence in Covid-19 cases in some parts of...

Gold prices climbed on Monday to hover near a 4.5-month high, supported by a weaker U.S. dollar and growing inflationary...

Trading on the secondary bond market at the Nairobi Securities Exchange (NSE) posted a 5.63% rise in activity with Kes.22.39...

A license to operate telecommunication services in Ethiopia has been awarded to Kenya’s telco giant Safaricom in a consortium made...

Global markets were mixed during the week as various economic news streamed in. Inflation news seems to be taking global...

Absa Group unaudited Net Profit for the first quarter ended March 31st 2021 rose to Kes 2.4 Billion compared to Kes...

Wall street ended mostly lower on Friday, weighed down by technology and consumer discretionary shares, while the dollar edged higher...

Bitcoin and other cryptocurrencies crashed on Friday after China announced a harsh clamp down on the market. The announcement by...

Kohl’s Corp slumped 10.17% on wall street after warning of a hit to its full-year profit margin from higher labor...

Gold is seen as a hedge against inflation, but an increase in rates from the Fed will dull bullion's appeal...

Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the...

At the end of today's trading session on the Nairobi Securities Exchange. A total of 26,145,500 shares in 948 deals,...

Kakuzi PLC has confirmed plans to strengthen its avocado smallholder base as part of a shared prosperity business plan. Alongside...

Stocks in Asia-Pacific were mixed on Wednesday, with some markets in the region closed for holidays. Australia’s S&P/ASX 200 led losses among...

Cognizant of the continued evolution of the COVID-19 pandemic and its resultants effects on the economy, the IMF has trimmed...

Oil prices fell for a second day on Wednesday on the potential of Iranian supply returning and as investors sold...

Stocks on wall street ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts...

Shares in Asia-Pacific mostly jumped on Tuesday, as stocks in c among the region’s major markets. The Taiex in Taiwan surged 5.16%...

Oil prices climbed on Tuesday, extending gains from the previous day, as optimism over the reopening of the U.S. and...

Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.7% to 1,035.93 tonnes on Monday.

During the week, the NSE also launched the unquoted securities market (USM) as it seeks to boost trading at the...

On the global markets front, telecommunications and internet conglomerate SoftBank Group posted the highest-ever annual net profit for a Japanese...

Wall Street closed higher in a broad rally, an upbeat conclusion to whipsaw week of buying and selling as signs...

Spot gold rose 0.6% to $1,837.25 per ounce by 1503 GMT, heading for second week of gains. U.S. gold futures...

Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil...

Shares of Singapore Airlines plunged 5.66% in Asian trading hours, while Cathay Pacific’s stock in Hong Kong edged 0.31% higher.

The pullback in Treasury yields helped gold to recoup some of the previous day’s losses on wall street, when rising...

Wall Street suffered the biggest slump in at least 11 weeks on Wednesday and benchmark Treasury yields jumped after data...

The spread between benchmark two- and 10-year Treasuries on wall street also widened slightly to 146 basis points, up more...

The Dow Jones Industrial Average hit a record high on Monday on wall street on hopes that interest rates would...

Three-month copper on the London Metal Exchange touched its all-time high level of $10,660.50 a tonne earlier in Monday's early...

Trading on the secondary bond market at the NSE posted a 18.6% rise in activity with Kes.20.5 billion worth of...

Shares in Europe climbed on stronger-than-expected earnings results and growing confidence in a global economic recovery. In local currency terms,...

The CBK placed Chaterhouse bank limited under statutory management after it violated sections of the Banking Act relating to lending

For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its...

Global payments giant, Visa, has partnered with Tala, a mobile lending service in emerging markets, with a particular focus in Kenya,...

The derivatives market of the NSE posted a decline in activity during today’s trading session, with 34 single stock futures contracts valued at...

In Asia, Chinese mainland shares were unable to hold on to earlier gains: The Shanghai composite closed down 0.65% at 3,418.87 while...

The Capital Markets Authority (CMA) has granted approval to Crown Paints Kenya Plc to undertake a rights issue to raise...

Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United...

Spot gold was up 0.3% at $1,820.35 per ounce by 0524 GMT, after hitting its highest since Feb. 16 earlier...

The Dow Jones Industrial Average rose 0.92% to end at 34,545.11 points, while the S&P 500 gained 0.82% to 4,201.58....

Wall Street’s main indexes and the Dow hit a record high on Wednesday, as growth stocks bounced from a steep...

The Nasdaq ended sharply lower on Tuesday as investors dumped mega-cap growth stocks to seek shelter in more defensive parts...

Allianz, one of the world's leading insurers and asset managers has completed the acquisition of a 66% stake in Jubilee...

Octagon Africa has appointed Godwin Simba as its new Group Executive Director of Strategy and Product Development. Previous positions held...

Wall Street's benchmark indices, the S&P 500 and the Dow indexes ended higher on Monday amid a largely upbeat earnings...

Gold prices ticked up on Monday, supported by a muted dollar ahead of a series of U.S. data, while auto-catalyst...

Safaricom had Kes.1.9 billion worth transacted on the NSE, translating to a whooping 79.05% of the week’s total turnover on...

Core eurozone bond yields trended higher compared to other global markets amid concerns that the U.S. Federal Reserve might consider...

Wall Street ended lower on Friday, with Apple, Alphabet and other tech-related companies weighing on the S&P 500 and Nasdaq...

Wall Street's S&P 500 and Nasdaq indexes hit record levels on Thursday after stellar earnings from Apple and Facebook powered...

Boeing Co fell 2.9% on wall street after posting a wider-than-expected quarterly loss and pausing 737 MAX deliveries over an...

Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near...

The S&P 500 and Nasdaq closed at record highs on Monday, fueled by Tesla Inc and other heavyweight growth stocks...

The NSE 20  share index shed 5.29 points or 0.28% while the NSE 25 share index was up by 0.13...

Despite a brief global markets rally on Thursday, it was a disappointing week for Japanese equity markets—weighed down by weakness...

Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it...

Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit...

The Minimum Tax which is calculated at the rate of 1% of gross turnover was introduced by the National Treasury...

GameStop Corp jumped 6.3% on wall street after the announcement of its chief executive’s resignation while Harley-Davidson Inc jumped 9.7%...