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Day: August 26, 2024

China’s Fiscal Revenue Down 2.6% in Jan-July

China’s fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday.

The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro…

Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to $2,55…

Oil Prices Rise 3% on Middle East Escalation Fears

Oil prices rose about 3% Monday on fears that escalation in the Middle East could disrupt oil supplies from the region.

Brent crude futures rose $2.30, or 2.91%, to $81.32 a barrel, while US crude futures rose $2.22, or 2.97%, to $77.05 a barrel.

Br…

Oman Oil Price Rises USD 2.08

Oman oil price (October delivery 2024) today reached USD 78.70, comprising a rise by USD 2.08, compared to the price of last Friday, which stood at USD 76.62.

According to Oman new agency (ONA), the average price of Oman oil (August delivery 2024) st…

QSE Closes 0.17 Percent Higher

Doha: The Qatar Stock Exchange (QSE) closed its trading session on Monday, up by 117.48 points, or 1.16 percent, to reach 10,222.81 points.

During the session, a total of 183,874,915 shares were traded, with a value of QAR 362,028,773.170, resulting …

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