China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 % Monday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the prev…

Doha: The Social and Economic Survey Research Institute (SESRI) at Qatar University (QU) hosts a press conference to announce the Economic, Social and Cultural Transformation for Sustainable Development Conference to be held this week 24-25 April, 202…

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals.

Brent futures fell 54 cents, or 0.6%, to $86.75 a barrel.

The front-month US West Texas Intermediate (WTI) crude contract for May, which expires on Monday, fell 12 ce…

Power generation of China’s major electricity production enterprises went up 2.8% year on year in March 2024, official data showed.

Total power output of these firms reached 747.7 billion kilowatt-hours last month, according to the National Bureau of…

China’s domestic natural gas production shattered records of 63.2 billion cubic meters during the January-March period, marking a significant 5.2 percent increase compared to the same period in 2023, National Bureau of Statistics of China reported in …

Doha: The general index of Qatar Stock Exchange (QSE) rose 13.32 points, or 0.14%, at the beginning of trading on Sunday, reaching the level of 9,842 points, compared to last closing.

The general index was supported by a rise in four sectors: Transpo…

The South Korean currency has dropped more than 7% against the US dollar so far this year, marking the sharpest fall since the 2008 global financial crisis amid geopolitical uncertainties and the resurgent dollar, data showed Sunday.

The Korean won c…

HE President of Philippine Chamber of Commerce and Industry Enunina Mangio affirmed that the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Manila, is extremely important for the business sector in her country, pointing out that the Filipino …

Doha: Doha Bank Q.P.S.C announced Sunday its Net Profit for the first quarter of 2024 was QR 231,319,000 versus QR 208,634,000 for the same period of the previous year.

The Bank’s financial statement on the Qatar Stock Exchange (QSE) website said the…

Doha: Qatar National Cement Co. (Q.P.S.C) announced Sunday its Net Profit for the first quarter of 2024 was QR 51,372,000, down from QR 64,102,000 in the same period of the previous year.

The company’s financial statement on the Qatar Stock Exchange …

China’s automobile exports jumped 33.2% year on year in the first quarter (Q1) of 2024, industry data shows.

The country exported over 1.32 million vehicles during the period, according to the China Association of Automobile Manufacturers.

Specifica…

Doha: Qatar Central Bank (QCB) issued ‘Cloud Computing’ regulations in a bid to regulate the use of cloud computing in the financial sector, protect financial sector data, and promote digitalization and innovation.

The newly issued regulations cope w…

Doha: Qatar Stock Exchange (QSE) general index closed at 9,792.41 points on Sunday, 36.86 points (0.38 percent) lower from its previous closing.

A trading volume of 146,000,317 shares was traded in 11,538 transactions in all sectors, with a total tra…

Doha: The General Tax Authority (GTA) has officially announced that April 30, will be the deadline for the tax returns submission for the tax year 2023.

All entities, including individuals and companies, subject to the provisions of the Income Tax La…

Doha: The Innovation Week 2024 kicked off Sunday under the theme of ‘Digital Creativity and Its Applications in the Fields of Electricity and Water’ at the Rixos Gulf Hotel in Doha.

The event is being organized by Qatar General Electricity and Water …

HE Undersecretary of the Department of Trade and Industry of the Republic of the Philippines Allan B. Gepty confirmed that the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Manila is an indication of the strong determination of the two count…

Doha: The Qatar International Court and Dispute Resolution Centre (QICDRC) inaugurated the 5th Full Meeting of the Standing International Forum of Commercial Courts (SIFoCC) in Doha, marking the commencement of a two-day event dedicated to advancing c…

Doha: The Social and Sport Contribution Fund (DAAM) has officially partnered with Qatar Scientific Club, an affiliate of the Ministry of Sports and Youth, to fund its 16th School Robotic Competition. The tournament, a fast-growing event organized annu…

Doha: HH the Amir Sheikh Tamim bin Hamad Al-Thani’s Asia tour will beef up Qatar’s cooperation relations with Asia across economic, trade and investment areas, said HE Chairperson of the Qatar Chamber (QC), Sheikh Khalifa bin Jassim Al-Thani.

His Exc…

Doha: Qatar National Bank (QNB) expected global financial conditions to remain tight in the medium term and a below-trend economic growth.

In its weekly commentary, QNB said, “Since the beginning of the COVID-pandemic, the global economy experienced …

Washington: The International Monetary Fund (IMF) forecasted that the global economy is heading towards another year of steady but slow growth in 2024. This comes as the strength of the US economy is expected to outweigh the headwinds resulting from o…

London, Britains unemployment rate rose to 4.2% in the three months through February, the Office for National Statistics (ONS) said Tuesday.

It is the highest level for nearly six months and up from 3.9% in the three months to January.

Most economis…

Tokyo, Japans Nikkei share average fell nearly 2% on Tuesday to close at an eight-week low as technology stocks tracked the overnight declines on Wall Street.

The Nikkei fell 1.94% to 38,471.20, its lowest close since Feb. 21. The index lost as much …

London, Gold prices rose on Tuesday, not too far away from a record high hit last week, as rising geopolitical tensions propped up demand for the safe-haven metal.

Spot gold was up 0.2% at $2,387.11 per ounce, after hitting an all-time high of $2,431…

Doha: The Qatar Central Bank (QCB) issued Government Bonds and Sukuk for tenors of two, three, five, and seven years worth QR 4.65 billion.

On its website, QCB said on Tuesday that the issuance of the treasury bills came as follows: QR 1.65 billion f…