Tag: spotlight

Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a speedier economic recovery ...

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 6,603,500 shares ...

Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China’s tech giants following the release of ...

Sameer Afria Plc has announced its return to the tyre business. In a notice issued by the company, the Nairobi ...

Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and ...

This will provide the long-term strategic direction for the Kenyan capital markets.

Global markets posted their best weekly gain since November, with major indexes closing at fresh record highs. Fiscal-stimulus expectations and ...

Allianz, the German insurance, is set to  acquire full ownership of its China life insurance business after agreeing to buy ...

The S&P 500 posted 34 new 52-week highs and no new lows; the Nasdaq Composite recorded 286 new highs and ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) A total of 8,611,700 shares ...

China’s Kuaishou Technology soared nearly 200% from its issue price as the stock made in its debut in Hong Kong ...

WPP Scan group has announced the appointment of Mr Jason Day and Mr Shahid Sadiq to the company's board as ...

Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, ...

Stronger-than-expected results so far in the fourth quarter have driven up analysts’ expectations, and S&P 500 companies are now on ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 45,532,900 shares in 914 ...

Oil prices extended gains on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy, and ...

Visa is examining a suite of application programming interfaces (APIs) to allow banks to offer Cryptocurrency services. In a press ...

Amazon founder Jeff Bezos has announced he will be stepping down as the company's CEO in the third quarter of ...

The Dow and S&P 500 rose slightly on Wednesday, registering a third straight session of gains, with Alphabet Inc’s shares ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 13,211,000 shares in 965 ...

Stocks in Asia-Pacific were mixed on Wednesday as a private survey showed China’s services sector activity growth slowing sharply in January. ...

The World Bank has suspended a $100 million payment to the Democratic Republic of Congo that was meant to support ...

Oil prices rose in Asia on Wednesday after hitting their highest in about a year in the previous session, supported ...

Ethiopia has announced plans to seek a restructuring of its sovereign debt under a new G20 common framework. In November, ...

All the 11 major S&P sectors advanced, with economy-linked energy, financial and industrials gaining the most.

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 23,876,400 shares in 994 ...

Airtel Africa, a subsidiary of Bharti Airtel is seeking to sell a minority of its stake in its mobile financial ...

Stocks in the Asian - Pacific regions rose on Tuesday following an overnight jump on Wall Street. The Shenzhen component in mainland ...

Oil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their ...

Silver, one of the most valued commodities has surged to an eight-year high after a critical exchange on social media ...

Robinhood, the U.S. online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has ...

Kenya's top lender, KCB Group, has made a formal application to the regional competition watchdog to be cleared for the ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 18,048,400 shares ...

Tanzania’s earnings from gold exports rose 34% in 2020 to $ 2.95 billion from $ 2.21 billion recorded in  2019 ...

Asian stock markets posted a surg on Monday as silver prices saw strong gains. South Korea’s Kospi led gains among the region’s ...

Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, although ...

Banks have posted the lowest 11-month pre-tax earnings for the banking sector since 2012. The low profits were attributed to ...

Market activity on the Nairobi Securities exchange (NSE) eased during the week as investors cautiously traded on volatility of global ...

Global Markets logged one of the largest weekly loss in three months last week as volatile trading in certain pockets ...

East African Breweries Limited (EABL) recorded a 3% decline in net sales to Kes 44.5 billion for the half-year ended ...

Carbacid Investments Plc’s (CIL) shareholders have approved the acquisition of up to 100 percent of the shareholding of BOC Kenya ...

An army of retail investors returned to Wallstreet to trade shares in GameStop Corp and Koss Corp. The stocks sky-rocketed ...

At the end of the last weekday of trading on the Nairobi Securities Exchange (NSE) A total of 22,835,200 shares ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.732 after rising from levels ...

Oil prices were steady on Friday, sticking to ranges seen over the past three weeks, as investors looked for signs ...

Listed power producer, Kengen Plc, has reported net revenue amounting to Kes. 39.82 million for the financial period ended 30th ...

Heavyweights, including Microsoft Corp, Amazon.com and Alphabet Inc, were among the biggest boosts to the S&P 500, a day after ...

The Central Bank of Kenya (CBK) Monetary Policy Committee (MPC) on Wednesday kept the benchmark rate unchanged at 7% in ...

Shares in Asia-Pacific fell on Thursday following an overnight plunge on Wall Street that wiped out the S&P 500′s 2021 ...

Safaricom has launched an M-PESA Bill Management service that offers a platform where businesses can present and receive pending payments ...

Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand, after England clamped down on ...

Volume on U.S. exchanges was 23.42 billion shares, well above the 14.31 billion average for the full session over the ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE). A total of 23,506,400 shares in 944 ...

The Nikkei 225 in Japan rose 0.31% to close at 28,635.21 while the Topix index gained 0.65% to finish its ...

Centum Investment Company has sold 20% of its shares with a current market value of Kes 92.2 million, to billionaire ...

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s ...

Dow Jones Industrial Average fell 22.96 points, or 0.07%, to 30,937.04, the S&P 500 lost 5.74 points, or 0.15%, to ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 5,783,100 shares in 799 ...

Stocks in Asia declined in Tuesday trade, with Chinese stocks leading losses among the region’s major markets. The Hang Seng index in ...

Kenya’s economy is projected to recover and grow by 6.4% in 2021. In a draft of the 2021 budget policy Statement by ...

Oil prices eased on Tuesday, giving up some of the previous session’s gains, as hopes for rapid approval of new ...

Earlier on Monday, drugmaker Merck & Co said it would stop development of its two COVID-19 vaccines. Its shares managed ...

According to a United Nations Conference on Trade and Development report released on Sunday, China has overtaken the U.S. as ...

At the end of the first weekday of trading on the Nairobi Securities Exchange (NSE) A total of 16,144,800 shares ...

In the afternoon of Asia - Pacific trading hours, the international benchmark Brent crude futures up 0.47% at $55.67 per barrel. U.S. crude ...

On Monday, President Joe Biden expected to sign an executive order to impose a ban on most non-U.S. citizens entering ...

Oil prices slipped for a second straight session on Monday as renewed Covid-19 lockdowns raised fresh concerns about global fuel demand.

The Derivative Market of the Nairobi Securities Exchange closed the week with a total of 58 contracts valued at Kes.2.6 ...

Global markets finished the week slightly off record highs, as investors continue to balance positive news with near-term challenges. In ...

Entrepreneurs have been advised to take advantage of the government’s move to automate most of its services and come up ...

Kenya Airways PLC has temporarily suspended its services to France and the Netherlands due to the COVID-19 regulations in Europe ...

President Joe Biden said on Friday the U.S. economic crisis was deepening and that the government needs to take major ...

BOC Kenya Plc a leading supplier of industrial, medical and special gases in East Africa, has been granted approval by ...

During today's trading session, the derivatives market of the NSE posted a decline in activity with 14 contracts concluded valued ...

In Japan, the Nikkei 225 slipped 0.44% to close at 28,631.45 while the Topix index shed 0.21% to finish its trading day ...

The African Export-Import Bank has mobilised $1 billion for an adjustment facility to offset revenue losses for countries that lower ...

U.S. West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel at 0445 GMT, after slipping ...

The NSE is looking to scale up activity, partly by increasing shares available for trade. The exchange is in talks ...

Ford Motor Co jumped 6.17% extending gains for a second straight day after Deutsche Bank raised its price target on ...

In December, Larry Fink the firm's Chief Executive Officer noted that the world's most popular cryptocurrency was seeing giant moves on ...

The derivatives market of the NSE posted a rise in activity with 21 contracts concluded valued at Kes 754,750 as ...

Shares in major Asia-Pacific markets rose on Thursday after stocks on Wall Street sailed to record highs as U.S. President Joe ...

The administration is also committed to ending new oil and gas leasing on federal lands, Biden’s press secretary said, although ...

Saudi Arabia hence became the top supplier to China for a second year in a row, after taking the spotlight ...

The group reported a non performing loan  of kes 11.2 billion in the last quarter of 2020 , which had ...

Kenya's total debt jumped to 65.6% of gross domestic product in June 2020 from 62.4% a year earlier, the World ...

The S&P 500 posted 54 new 52-week highs and no new lows; the Nasdaq Composite recorded 336 new highs and ...

At the end of today's trading session on the Nairobi Securities Exchange (NSE) A total of 23,956,000 shares in 1,020 ...

Stocks in major Asia-Pacific markets were mostly higher on Wednesday, with Hong Kong-listed shares of Chinese tech juggernaut Alibaba surging following the reappearance ...

Nigeria's  biggest bank Access Bank Plc, has identified eight African Countries for potential expansion so as to benefit from the ...

Six analysts polled by Reuters estimated, on average, that crude stocks fell by 300,000 barrels in the week to Jan. ...

The S&P 500 posted 37 new 52-week highs and no new lows; the Nasdaq Composite recorded 296 new highs and ...

The derivatives market of the NSE posted a rise in activity, with 2 contracts concluded valued at Kes 669,000 as ...

South Korea’s Kospi led gains among the region’s major markets, rising 2.61% to close at 3,092.66 as shares of automaker Hyundai Motor ...

The Co-operative Bank of Kenya has secured a long-term financing facility arranged by the International Finance Corporation (IFC) amounting to ...

Kenya has  recorded a 10.7 % rise in remittances from US$2,796 million in 2019 to a record high of US$3,094 ...

Biden’s pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Tuesday, ...

The report further stated that the general insurance business remained the largest contributor to the industry insurance premium.

The derivatives market of the NSE posted a moderate decline in activities, with 8 contracts concluded valued at Kes 295,200 ...