Doha: The general index of Qatar Stock Exchange (QSE) rose 5.70 points, or 0.06% to reach the level of 10,131 points at the beginning of trading on Sunday, compared to Thursday’s closing.
QSE general index was supported by a rise in Banks and Financi…
The combined earnings of South Korea’s top 500 medium-sized businesses jumped 7% on-year in the second quarter of 2024, data showed Sunday, driven by robust performances in the chip and auto parts sectors.
The total operating profit of 492 companies …
Doha: Qatar National Bank (QNB) has expected that an eventual Harris presidency would bring some continuity to the current US economic agenda, particularly on the fiscal, regulatory and migration spaces. Taken together, the proposed agenda should be a…
Doha: United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl and Gewan islands, has been honored with the international Business Continuity Global award by the Continuity Insurance and Risk…
Kuwait, The price of a barrel of Kuwaiti oil rose by $0.39 to reach $80.31 per barrel in trading yesterday, Friday, compared to $79.92 in trading the previous day, according to the price announced today by the Kuwait Petroleum Corporation.
In global …
The Central Bank of China conducted 137.8 billion yuan (nearly $19.28 billion) of seven-day reverse repos at an interest rate of 1.7% on Friday.
The move aims to keep liquidity reasonable and ample in the banking system, the central bank said, accord…
The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data all but eliminated fears of a recession.
The greenback had been given an extra boost agains…
Oil prices edged lower on Friday, but were set for a second straight week of gains as optimism over a resilient US economy and falling interest rates pushed up hopes of improving demand.
Brent oil futures expiring in October fell 0.2% to $80.88 a bar…
Oil prices rose by more than a dollar Thursday, after US economic data eased fears of an imminent recession in the United States, the world’s largest economy, but continued concerns about slowing global demand limited gains.
Brent crude futures rose …
Gold prices rose Friday, heading towards achieving weekly gains, supported by increasing hopes for a US interest rate cut in September.
Gold rose in spot transactions by 0.6 percent to USD 2,471.79 per ounce, and rose by 1.7 percent since the beginni…