The Trading Room

Relief for Kenyans after the government retained fuel prices at the same levels as last month in the July review. In new retail prices announced today, the Energy and Petroleum Regulatory Authority (EPRA) retained super...

Shares in Asia-Pacific were mixed on Thursday as China reported its second-quarter gross domestic product (GDP) rose. Mainland Chinese stocks closed higher. The Shanghai Composite rose 1.02% to 3,564.59 while the Shenzhen component advanced 0.751% to 15,169.33. Hong Kong’s Hang...

The Ethiopian Communications Authority(ECA) has issued the Final License to Safaricom Telecommunications Ethiopia PLC following its incorporation as a local Telecommunications Operating Company. Safaricom was awarded the consortium by the Ethiopian Communication Authority(ECA) comprising Vodacom,...

Oil prices fell nearly 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top OPEC producers and as U.S. fuel stocks rose, raising concerns about demand in the world's...

Wall Street's benchmark, the S&P 500 ended with a gain after briefly hitting an intra-day record in a choppy session on Wednesday, as investors balanced worries about inflation with reassuring comments from Fed Chair Jerome...