The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and...

Oil prices were lower in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 1.1% to $44.96 per...

The total operating income grew by 17.6 per cent to Sh 4.2 billion during this period compared to Sh 3.6...

The S&P 500 flirted with all-time highs for several sessions before finally hitting a new record, raising questions about whether...

The Group increased its portfolio credit provision 15-fold from Kes. 500 million to Kes.7.7 billion increasing the Group’s NPL coverage...

The S&P 500 retailing index climbed 1.4%, with heavyweights Walmart Inc and Target Corp also set to report results this...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 92.934 after its decline...

Thailand has recorded one of the largest drops in GDP in Asia this year.

Japan's GDP growth is expected to contract more than 7% (26.6% annualized) in the three months ended June 30 versus...

The S&P 500 posted 16 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and...

Oil prices reversed gains in afternoon trade during Asian hours on Friday. U.S. crude fell 0.31% to $42.11 as of...

The U.S. presidential election is expected to add another layer of uncertainty into markets, with roughly 12 weeks remaining until...

South Korea has overtaken China to lead Asia in sales of socially-responsible bonds this year, as global issuance of debt...

The bank says a six percent growth in net loans and advances to Kes 272 billion and a 19 percent...

Japan’s Nikkei 225 bounced 1.78% higher to close at 23,249.61, while the Topix was also up 1.16% to 1,624.15. Auto and tech stocks...

The Dow Jones Industrial Average rose 1.03% to end at 27,971.9 points, while the S&P 500 gained 1.38% to 3,379.81. The...

In its update on the economy, the ONS also pointed to a record fall in productivity during the second quarter...

NCBA Bank Kenya Plc has given notice to all holders of its Kes 7B Medium Term Note Programme, of the...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.823, swinging higher from...

Equity Group now has two subsidiaries in the Democratic Republic of Congo having earlier acquired ProCredit, a German bank, now...

Energy and industrials , among the worst performers this year, gained, while technology and communication services fell.

Oil prices rose Monday during Asian hours. U.S. crude added 1.24% to $41.73 per barrel while global benchmark Brent was...

The shares of Aramco, which Apple Inc. dethroned last month as the world’s most valuable listed company, rose 0.3% to...

Stocks in Brazil, as measured by the Bovespa Index, returned about -0.1%. On Wednesday, the central bank reduced its benchmark...

Trump late on Thursday unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing...

Shareholders’ funds which were at Kes 31.9 billion in the period ending 31st December 2019, also increased by 3%  as...

Oil prices were higher in the morning of Asian trading hours. International benchmark Brent crude futures were up 0.33% to $45.24 per...

About 9.69 billion shares changed hands in U.S. exchanges, compared with the 10.39 billion daily average over the last 20...

The Japanese yen traded at 105.50 per dollar after strengthening from levels above 105.6 against the greenback yesterday. The Australian dollar changed hands at...

the Dow Jones Industrial Average was up 309.55 points, or 1.15%, at 27,138.02, the S&P 500 was up 18.13 points,...

Telkom Kenya last month launched loon, 4G enabling balloons in partnership with American tech giant, Alphabet, which it hopes will...

The S&P 500 posted 26 new 52-week highs and no new lows; the Nasdaq Composite recorded 129 new highs and...

The Japanese yen traded at 106.08 per dollar after weakening from levels around 105.6 against the greenback yesterday. The Australian...

The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 164 new highs and...

Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.64% to $43.24...

Investors were braced for a record RMB 1.36 trillion of restricted shares scheduled to be unlocked and available for trading...

For the week, the S&P gained 1.73%, the Dow shed 0.15% and the Nasdaq climbed 3.69%. For the month, the...

The idea was boosted by passage of The Public Procurement and Disposal (Amendment) Bill, 2013 which provided that women, youth...

Oil prices were up in the afternoon of Asian trading hours, with international benchmark Brent crude futures adding 0.47% to $43.14 per...

The Dow Jones Industrial Average fell 225.92 points, or 0.85%, to 26,313.65, the S&P 500 lost 12.22 points, or 0.38%,...

The Dow Jones Industrial Average rose 160.29 points, or 0.61%, to 26,539.57, the S&P 500 gained 40 points, or 1.24%,...

East African Breweries Limited (EABL) recorded a 9% decline in net sales for the financial year ended 30 June 2020,...

The future of Kenya’s largest mining company Base Titanium hangs in the balance due to depleting minerals and delays in...

 The Japanese yen traded at 105.04 per dollar after strengthening from levels around 105.60 against the greenback yesterday. The Australian dollar changed hands at...

Data released in the morning showed U.S. consumer confidence ebbed in July as coronavirus infections flared up across the country.

Eligibility of the financing plan will be based on customer credit score. The subscriber will need a history with Safaricom...

The Japanese yen traded at 105.27 per dollar after it strengthened from levels above 105.7 yesterday. The Australian dollar was...

Investors kept their eye on earnings, with 189 S&P 500 companies scheduled to report results this week. About 80% of...

The Central Bank of Kenya in June revealed that the ratio of non-performing loans stood at 13.1 percent, the highest...

The Derivatives markets of the Nairobi Securities Exchange closed Monday's session with no contracts concluded. This is from the 6 contracts...

Oil prices dipped in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.35% to $43.19...

The renminbi declined following the escalation in U.S.-Beijing tensions, losing 0.4% against the greenback and closing at 7.018 for the...

Market sentiment, as measured by market breadth, closed positive with the NSE closing the last trading day with 23 gainers...

The Dow Jones Industrial Average fell 182.44 points, or 0.68%, to 26,469.89, the S&P 500 lost 20.03 points, or 0.62%,...

The budget support intervention, will help boost the Malawi National COVID-19 Preparedness and Response Plan that has been developed with...

The Japanese yen traded at 106.39 per dollar, after wavering between 106 and 107 for most of this week. The Australian dollar slipped below...

The S&P 500 posted 51 new 52-week highs and no new lows; the Nasdaq Composite recorded 103 new highs and...

IFC remains committed to scaling investment and advisory support in Kenya, especially within the context of Kenya’s Big Four Agenda...

CBK is using some of its reserves to help ease some of that pressure, which we think is partially seasonal

The Australian dollar was flat and changed hands at $0.7137 while the Korean won traded at 1,198.61 per U.S. dollar, with...

Volume on U.S. exchanges was 10.32 billion shares, compared with the 11.28 billion average over the last 20 trading days.

Japan's Nikkei 225's lost 0.37%, while the Topix edged down 0.19%. The country's manufacturing activity contracted for a 13th straight month in...

Financial, industrial and energy stocks gave the biggest boosts to the bellwether S&P 500 and blue-chip Dow as investors pivoted...

The new changes at the electricity distributor comes after Kenya Power in June issued a profit warning saying that it...

Oil prices traded higher Tuesday morning during Asian hours. U.S. crude traded up 0.15% at $40.87 a barrel while global...

Moderna Inc (MRNA.O) shares tumbled 12.8% on positive results from its competitors’ rival COVID-19 drug trials. Electric automaker Tesla Inc...

The Japanese yen traded at 107.35 per dollar, after a turbulent previous week where it traded at around levels between...

Japanese stocks posted gains for the week. The Nikkei 225 Stock Average advanced 406 points (1.8%) and closed at 22,696.42

The Nasdaq ended 1.1% lower for the week as investors sold shares of high-flying companies including Microsoft Corp and Amazon.com...

The Dow Jones Industrial Average fell 0.5% to end at 26,734.71 points, while the S&P 500 lost 0.34% to 3,215.57.

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.346 following its decline...

The 54 tea factory companies, which own the 69 factories that are managed by KTDA, will proceed to close their...

Hong Kong's Hang Seng index declined 0.4%. In Japan, the Nikkei 225 dipped 0.34% in morning trade while the Topix index was 0.13% lower.

The Dow Jones Industrial Average rose 0.85% to end at 26,870.03 points, while the S&P 500 gained 0.91% to 3,226.55

The ratings on Kenya are nevertheless supported by its diversified economic base, including its large and diversified agricultural and services...

Delta Air Lines Inc ended down 2.65% after it warned it will be more than two years before the industry...

The airline will continuously review the protocols in place and update these where necessary to continue being ahead of the...

Kittony takes over from Samuel Kimani who stepped down as chair of board on July 13, 2020

Volume on U.S. exchanges was 11.6 billion shares, compared with the 11.9 billion average for the full session over the...

The Japanese yen traded at 106.90 per dollar following a strengthening from levels above 107.2 against the greenback last week....

Gilead’s (GILD.O) remdesivir significantly improved clinical recovery and reduced the risk of death in COVID-19 patients, additional data from a...

Members of the Advisory Council play a critical role of looking into progress and constraints to gender equality globally and...

Declining issues outnumbered advancing ones on the NYSE by a 2.63-to-1 ratio; on Nasdaq, a 2.09-to-1 ratio favored decliners.

The de-listing comes on the back of falling revenues that have eroded the firm’s capital base over the years, wiping...

Oil prices were lower in the morning of Asian trading hours, with international benchmark Brent crude futures down 0.12% to $43.24 per...

Biogen Inc jumped 4.4% after the company said it submitted the marketing application for its experimental Alzheimer’s disease therapy, aducanumab.

NCBA Bank has appointed Tirus Mwithiga as the new Group Director Retail Banking as it seeks to strengthen and grow...

Oil prices were little changed in the morning of Asian trading hours, with international benchmark Brent crude futures at $42.95 per barrel,...

The Dow Jones Industrial Average fell 396.85 points, or 1.51%, to 25,890.18, the S&P 500 lost 34.4 points, or 1.08%,...

The Capital Markets (Coffee Exchange) Regulations 2020 provide for; incorporation of the coffee exchange; licensing of brokers; establishment and operationalization...

The moves upward regionally came despite the World Health Organization saying Saturday that more than 200,000 coronavirus cases were confirmed...

While currencies saw muted moves in early trading on Monday, the Australian dollar underperformed, dropping as much as 0.2%.

The National Aviation Management Bill, 2020 seeks to establish the National Civil Aviation Council that will oversee the creation of...

This follows a unanimous approval of the transaction by shareholders of Jamii Bora Bank during the extra ordinary general meeting...

The S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 123 new highs and...

KDIC says the new limit will cover 99 per cent of depositors with funds in banks and deposit-taking microfinance institutions. 

Oil prices slipped in the morning of Asian trading hours on Thursday, with international benchmark Brent crude futures down 0.14% to $41.97...

The yen, often viewed by investors as a haven asset during times of uncertainty, added 0.2 per cent to ¥107.72...

The number of new coronavirus cases in the US fell below 40,000 for the first time in four days on...

The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the S&P 500 gained 44.19 points, or 1.47%,...