The Trading Room

Stocks in Asia-Pacific mostly rose in Friday trade, as investors reacted to the market debut of JD Logistics in Hong Kong. Shares of JD Logistics opened at 46.05 Hong Kong dollars before surging to more...

Gold prices edged lower on Friday, as an uptick in the dollar and U.S. Treasury yields weighed on the safe-haven metal, while investors awaited crucial U.S. inflation data due later in the day to gauge...

CBK’s foreign currency reserves remain adequate to provide 4.55 months of import cover and cushion the economy against short-term shocks in the foreign exchange market.

Robust economic data from the United States, the world’s largest economy and oil consumer, also buoyed risk appetite by investors.

Wall Street Investors have been closely watching economic data and comments from Federal Reserve officials for signs of runaway inflation and the possibility the central bank may begin to pull back on its massive stimulus...