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Day: September 16, 2024

Two Injured in Israeli Shelling in Southern Lebanon

Two people were injured Monday in Israeli shelling in southern Lebanon.

The Lebanese Ministry of Health reported in a statement that two paramedics from the Lebanese Civil Defense were injured when the Israeli occupation army targeted a civil defense…

Gold Hits All-Time High on Deeper Fed Rate Cut Expectations

Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate cut by the US Federal Reserve this week.

Spot gold was up 0.4% to $2,585.54 per ounce, after hitting an all-time high of $2,588.81 earl…

Oil Prices Inch Up on Fed Rate Cut Outlook

Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.

Brent crude futures for November were up 15 cent…

Dollar Falls, Yen Rises amid US Rate Cut Expectations

The dollar index fell 0.15% to 100.87 on Monday, while the yen reached its highest levels in more than a year in limited trading, amidst expectations of a rate cut decision by the US Federal Reserve this week.

The dollar was down 0.47% at 140.15 yen,…

Qatar’s Industrial Production Index Rises by 6% in July 2024

Doha: Qatar’s Industrial Production index (IPI) recorded 103.2 points in July 2024, an increase by 6% compared to the previous month (June 2024), but decreased by 4% when compared to the corresponding month in 2023.

The IPI measures the growth of var…

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