Asia-Pacific Markets Mixed Dragged by China’s May Trade Data
In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90 while the MSCI’s broadest index of Asia-Pacific stocks outside Japan traded around 0.1% lower.
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EAC Set to Explore a Common Central Bank Digital Currency (CBDC)
The East Africa Community member states have announced plans to explore the potential of a central bank digital currency (CBDC) as a shared payment system. A Central Bank Digital Currency (CBDC) is the digital form...
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AFDB Approves $140 Million Loan to Tanzania
The African Development Bank Group and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania. The agreements cover a $120...
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U.S Oil Hits a multi-year High of $70, Investors Watch Out for Iran Nuclear Talks
Oil extended gains to hit fresh multi-year highs on Monday, supported by a brighter economic and fuel-demand outlook. At the same time, investors eyed the outcome of talks between Iran and world powers over a...
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NSE Weekly Market Review – Week 22, 2021
Nation Media Group was the week’s top gainer on the Nairobi Securities Exchange ( NSE), adding 31.01% in share price appreciation to close the week at Kes 22.60 per share
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