Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate approved a $1.9 trillion stimulus bill and a likely drawdown in crude oil inventories in...

On Wall Street, the Dow hit a record intra-day high but the big tech stocks that have led Wall Street to scale successive peaks over the past year fell, with the Nasdaq closing down 2.41%.

At the end of the first weekday of trading on the Nairobi Securities Exchange  A total of 16,051,200 shares in 950 deals, corresponding to a market value of KES 554,171,799.00, were traded. Compared with the...

Monday’s session in Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp sell-off

Standard and Poor’s (S&P)  has downgraded Kenya’s sovereign rating to ‘B’ from ‘B+’ despite a deal with the International Monetary Fund and backed by World Bank support. “Our ratings on Kenya are constrained by the...