The Trading Room

Australian shares rose on Wednesday while some of the other major Asia-Pacific markets are closed for the day. The benchmark ASX 200 traded 0.7% higher at 7,117.60, with the heavily-weighted financials subindex up 0.84%. Energy and materials...

Oil prices edged higher on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell much more than expected last week, reinforcing bullish views on fuel demand in the world's...

Kenya and Tanzania have signed a multimillion-dollar deal for a gas pipeline that will run between the coastal cities of Mombasa and Dar es Salaam. Tanzanian President Samia Suluhu made her first trip to Kenya...

The Nasdaq ended sharply lower on Tuesday as investors dumped mega-cap growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and uncertainty over an upcoming jobs...

Allianz, one of the world's leading insurers and asset managers has completed the acquisition of a 66% stake in Jubilee Holdings general insurance arm in Kenya for undisclosed amount making it the majority shareholder. The...