The Trading Room

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures falling 3.25% to $71.13 per barrel. U.S. crude futures shed 3.71% to $68.23 per barrel.

The oil and gas rig count, an early indicator of future output, rose by three to 579 in the week to Dec. 17, its highest since April 2020, energy services firm Baker Hughes said in...

All eyes across global markets were on the Fed last week as the market awaited the latest policy decision and outlook – a decision that drew particular attention given the inflation environment.

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE), a total of 14,596,000 shares in 1,041 deals, corresponding to a market value of KES 696,778,046.00, were traded. Compared with...

Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. Japan’s Nikkei 225 fell 1.79% in Asia to close at 28,545.68,...