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The state-owned lender recorded a net profit of Sh174.8 million for the six months compared to...
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Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.
HSBC Asset Management notes that Emerging Market local-currency bonds have delivered strong returns over the past four years, supported by credible policies and attractive real yields, but…
Sales of so-called Maple notes by non-Canadian firms have set an all-time high this year
Global crude oil prices rose sharply Monday as uncertainty surrounding US-Iran talks and the Strait of Hormuz weighed on markets. Brent crude gained 2.57 percent to reach $85.70 per barrel.
The Pound Sterling (GBP) advances during the North American session on Monday, up 0.2% as markets digest developments in the Middle East and await crucial inflation data in the United States (US).
"In semiconductors alone, no Chinese firm ranks No. 1 globally. They are always followers or underdogs," said Phil S. Lee, executive director at Mirae Asset Global Investments' Hong Kong office.