Asian Markets Trade Lower as Investors Focus Shifts to Inflation; Shenzhen Drops 2%
In earnings across Asian companies, Taiwan’s TSMC reported its fourth-quarter results, posting a record of a 16.4% rise in quarterly profit.
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Brent Holds at $82.44 as Oil Prices Mixed Amidts Growing Uncertainty Over Near-Term Demand
Data from the U.S. Energy Information Administration on Wednesday showed oil demand has taken a hit from omicron, with gasoline stockpiles increasing by 8 million barrels in the week to Jan. 7
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Market Report; January 12, 2022
Trading on the secondary bond market on the NSE posted an increase in value, compared to Tuesday's trading, with bonds valued at Kes 4.67 billion transacted in 73 deals.
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Asian Markets Rally Buoyed by China December Inflation Data; JD Soars 11.05%
Chinese markets rose on Wednesday, tracking gains in other Asia-Pacific markets. U.S. markets also rallied overnight as comments from the Fed chief appeared to reassure investors.
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Oil Prices Extend Gain by 0.5% After Jerome Powell Signalled Slower Raise on Rates.
Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should support oil demand in...
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