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A teller arranges Kenya shilling coins and notes inside the cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya/File Photo Acquire Licensing Rights NAIROBI, Oct 25 (Reuters) – The Kenyan shilling lost ground against the dollar on Wednesday, traders said, due to elevated hard-currency demand across all sectors … Read more
Sept 21 (Reuters) – U.S. venture capital firm GGV Capital said on Thursday it plans to split its business into two, with one focused on Asia and the other on the U.S., as political pressure mounts on American companies to limit investments in Chinese technology. This comes after Sequoia Capital in June said it is … Read more
LONDON, Sept 8 (Reuters) – Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like an economy now impervious to rising interest rates. News of accelerating service sector growth last month and another drop in jobless claims this week are just the latest in a string of data showing the U.S. … Read more
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July 28 (Reuters) – (This July 28 story has been refiled to remove the garbling in paragraph 2) Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the end of the year, some economists reckon, even as financial markets put little … Read more