New York: Oil prices rose at settlement at the end of Wednsdays trading, after three consecutive days of losses.
Brent crude futures contracts recorded an increase of $1.35, or 1.61 percent, to reach $85.08 per barrel upon settlement.
US West Texas …
Doha: The Qatar Stock Exchange (QSE) closed Wednesday’s session with a decline of 42.17 points, or 0.41 percent, settling at 10,151.72 points.
During the session, 186,321,557 shares were traded, with a total value of QR 478,482,200.554, executed thro…
Doha: Masraf Al Rayan (a Qatari public shareholding company) net profits increased by 3.2 percent in the first half of 2024 to reach QR 789.058 million , compared to QR 764.641 million in the same period last year.
Data issued by the bank and posted …
Brussels: European stocks opened lower for the third consecutive session on Wednesday, driven by a decline in the technology sector.
The Stoxx 600 index dropped 0.3 percent, with the tech sub-index falling 1.9 percent.
Dutch semiconductor company AS…
Doha: Qatar Free Zones Authority (QFZ) announced the opening of the newest outlet of Qatar Postal Services Company (Qatar Post) at the Investor Relations Center in the Business Innovation Park at Ras Bufontas Free Zone, in a move to enhance the servic…
Singapore: Oil prices were steady in early Asian trade on Wednesday, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.
Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62 a barrel, and US …
Doha: Qatar Stock Exchange index declined by 0.24% at the beginning of Wednesday’s trading, losing 24.25 points and dropping to the level of 10,169 points, pressured by six sectors.
Qatar Stock Exchange attributed the decline in the general index to …
Seoul: The Asian Development Bank (ADB) revised up its outlook for South Korea’s economic growth this year to 2.5%.
The ADB said in its latest report on the Asian economy for July that it raised its forecast for Korean economic growth to 2.5% for thi…
Singapore: The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.
The New Zealand dol…
Singapore: Gold prices rose to an all-time peak on Wednesday, driven by mounting hopes of a US interest rate cut in September after recent comments from US Federal Reserve officials.
Spot gold was steady at $2,468.55 per ounce, after hitting a record…