Tag Archives: investors

Nairobi, Kenya | Xinhua | The East African Community (EAC) on Wednesday called on Kenyan and Tanzanian investors to take advantage of bilateral engagements between partner states to boost cross-border trade. Peter Mathuki, secretary-general of EAC said that Kenya’s imports from Tanzania between January and June grew by about 70 percent …

Biden’s massive stimulus could set off inflationary pressures of a kind not seen in a generation Washington, U.S. | Xinhua | Emerging markets could become a casualty of the 1.9-trillion-U.S.-dollar COVID-19 relief bill passed by U.S. Congress on Wednesday, as rising U.S. bond yields are likely to trigger a reversal of …

New York, U.S. | XINHUA | U.S. stocks declined in the volatile past week as a surge in bond yields unnerved investors who rushed to dump risk assets, especially high-flying shares. For the week ending Friday, the Dow lost 1.8 percent, while the S&P 500 and the Nasdaq fell 2.5 percent …

New York, U.S. | Xinhua | U.S. equities posted mixed results in the holiday-abbreviated week as investors assessed the possibility of further fiscal stimulus, while sifting through a slew of economic data. For the week ending Friday, the Dow rose 0.1 percent, the S&P 500 fell 0.7 percent and the Nasdaq …

Kampala, Uganda |  THE INDEPENDENT  |  Domestic Borrowing by the government is creating a class of lazy investors, according to the Uganda Debt Network-UDN. Domestic Borrowing is done through the issuance of securities like treasury bills, which are short term debt instruments with tenures ranging from 91, 182 and 364 days …

New York, U.S. | Xinhua | Wall Street’s major averages advanced in the week as investors assessed the possibility of a U.S. stimulus bill, while digesting a slew of economic data. For the week ending Friday, the Dow finished up 1 percent, the S&P 500 added 1.2 percent, and the Nasdaq …

New York, U.S. | Xinhua | U.S. stocks advanced considerably in the week as retail trading frenzy cooled and Wall Street expected that a slew of downbeat data could boost the possibility of additional stimulus. For the week ending Friday, the Dow increased 3.9 percent, while the S&P 500 index and …

New York, U.S. | Xinhua | Wall Street’s major averages advanced in the first trading week of the new year as investors shrugged off the turmoil in Washington and a weaker-than-expected December U.S. employment report. All the three major indexes finished higher on Friday after achieving their respective milestones in the …

New York, U.S. | Xinhua | Wall Street’s major averages posted mixed results in the holiday-shortened week as investors weighed the fate of additional U.S. fiscal stimulus and impact of a new coronavirus variant. For the week, the Dow rose 0.1 percent, the S&P 500 lost 0.2 percent and the Nasdaq …

New York, US | Xinhua | Wall Street’s major averages eked out gains in the week as investors monitored negotiations on additional U.S. fiscal stimulus and pored through the Federal Reserve’s latest statement. For the week ending Friday, the Dow rose 0.4 percent, while the S&P 500 and the Nasdaq climbed …