VENTURE CAPITAL POST

World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.

Japan's finance minister warned on Friday about the yen's weakening, describing it as "too rapid", but he stuck to the government's stance of allowing markets to determine exchange rates and dismissed the need to intervene to halt the slide.

Asian stocks mostly fell on Thursday as fresh data signalling a further loss of momentum in China's economy weighed on sentiment, while the yen slid to multi-year lows against the dollar and euro.

Emerald-colored tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters.

Asian stocks dipped on Friday following fresh signs of slowing Chinese growth, with energy stocks depressed across the region as crude oil hovered near a four-year low in an oversupplied market.

The dollar stood tall against the yen in early Asian trade on Friday, not far from this week's seven-year high as investors continued to monitor whether Japan's leader would call an election and delay a sales tax hike.

Asian shares and the dollar got off to a lackluster start on Tuesday as oil prices continued to drop, while Japanese shares marked early gains.

Japanese cabinet ministers expressed concern about the yen's rapid fall, suggesting that the government may be trying to ward off any criticism that it is intentionally devaluing its currency to boost exporters' competitiveness.

A deepening crisis of confidence in the ruble dominated financial markets action in Europe on Friday, with another 3 percent fall meaning the Russian currency has lost more than a tenth of its value in less than a week.

The dollar and U.S. stock futures pushed higher on Wednesday after Republicans scored a sweeping victory in U.S. mid-term elections, while Asian shares wilted and oil prices extended losses after more soft economic data from China.

The yen fell to a fresh seven-year low against the dollar early on Monday, extending a massive selloff sparked by the Bank of Japan's surprise decision to boost its already huge bond-buying stimulus.

The U.S. dollar touched seven-year peaks versus the yen on Monday as markets basked in the afterglow of the Bank of Japan's surprise stimulus push and looked forward to at least a hint of fresh action from European policy makers this week.

Asian shares ticked higher on Friday on Wall Street's cheer after upbeat U.S. growth data, while the dollar traded around four-week highs against the yen as investors awaited the outcome of the Bank of Japan's monetary policy meeting.

The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Federal Reserve ended its six-year quantitative easing bond-buying program.

Visa Inc (V.N), the world's largest credit and debit card company, reported a better-than-expected adjusted quarterly profit as improving consumer confidence worldwide encouraged more shoppers to use plastic.