European shares opened lower on Wednesday as a rally sparked by China’s stimulus package lost steam, while falls in technology and oil stocks also added to the losses.
The pan-European STOXX 600 index was down 0.3% at 518.06, after gaining nearly 1…
The State of Qatar chaired the 5th meeting of the Directors of Public Security of the Gulf Cooperation Council (GCC) States, held Wednesday, at the headquarters of the GCC General Secretariat in the Saudi capital, Riyadh.
The meeting, chaired by Dir…
The People’s Bank of China (PBOC) on Wednesday injected 300 billion yuan (about $42.73 billion) into the market via the medium-term lending facility (MLF) mechanism, aiming to maintain reasonable and ample liquidity in the banking system.
The matur…
Doha: The Ministry of Municipality, represented by the General Cleanness Department, in cooperation with Qatari Diar, concluded the activities of celebrating World Cleanliness Day, by organizing a public cleanliness march in Lusail Boulevard in Lusail…
The dollar index fell more than 0.5% Wednesday after China’s aggressive stimulus moves on Tuesday buoyed risk appetite, with growing bets of another outsized US rate cut in November adding to headwinds for the greenback.
Against a basket of currenc…
The Permanent Mission of the State of Qatar to the United Nations, in cooperation with Education Above All (EAA) Foundation, Generation Unlimited, and the UNICEF, organized an event on ‘Catalyzing Youth Empowerment through Global Partnerships’, durin…
Gold scaled another high on Wednesday, boosted by a softer US dollar and hopes of more interest rate cuts.
Spot gold rose 0.2% to $2,661.53 per ounce. Bullion hit an all-time high of $2,670.43 earlier.
US gold futures gained 0.3% to $2,686.10.
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Oil prices fell on Wednesday as investors reassessed the ability of China’s stimulus plans to boost the economy enough to drive more fuel demand growth in the world’s largest crude importer.
Brent crude futures dropped 17 cents, or 0.2%, at $75 a b…
Doha: The general index of Qatar Stock Exchange dropped 14.29 points, or 0.14 percent, at the start of trading on Wednesday, reaching 10,476 points, compared to Tuesday’s closing.
QSE index saw a rise in some sectors; Real Estate by 0.61%, both Insu…
The Ministry of Health in Gaza reported that Israeli forces carried out four massacres against families in the Gaza Strip within the past 24 hours, resulting in 28 fatalities and 85 people injured.
In its daily report, the ministry highlighted that …