The Trading Room

Asia-Pacific stocks were largely lower on Thursday, with Chinese stocks leading losses regionally. By the mainland market close on Thursday, the Shanghai Composite dropped 1.34% to 3,607.09 while the Shenzhen component plunged 1.954% to 14,258.13. Shanghai Composite Index Performance...

Kenya Power, the electricity distributor company is back to profitability according to its parent Ministry. Chief Administrative Secretary (CAS) in the Ministry of Energy Zachary Ayieko says the company will post a profit for the...

The African Development Bank Group (AfDB) board has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility with Standard Chartered Bank. The agreement is expected to boost intra-Africa trade, promote regional integration,...

Oil prices slipped on Thursday, paring back only some of the large gains made the previous day on the back of a larger-than-expected drawdown in crude oil stocks in the United States. Brent crude oil...

Stocks on wall street closed higher on Wednesday as rising crude oil prices boosted energy shares and a swath of positive U.S. economic data.