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Category: Business

Japan’s Economy Expanded in Two Quarters in April-June Period

Newly released GDP figures show Japan’s economy expanded for the first time in two quarters in the three months through June.

The Cabinet Office said on Thursday that preliminary data shows gross domestic product grew by an annualized 3.1 percent in …

Dollar Drifts as Ebbing US Inflation Sets Stage for Rate Cuts

The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed US inflation was slowing, underpinning wagers that the Federal Reserve could lower borrowing costs next month.

The dollar index, which measures the US u…

Turkiye, UK Discuss Avenues for Strengthening Trade Relations

Turkish Minister of Customs and Trade, Omer Bolat, held a virtual conversation, on Wednesday, with UK Secretary of State for Business and Trade, Jonathan Reynolds, to discuss avenues for enhancing trade relations between the two countries.

Turkish An…

US Crude Oil Inventories Rose Last Week

The US Energy Information Administration announced Wednsday that crude oil inventories in the United States rose last week, while gasoline and distillate inventories fell.

The administration, which is the statistical arm of the US Department of Energ…

US Consumer Price Index Up 0.2% in July

The US Department of Labor has announced that consumer prices in the United States rose last July.

The ministry explained, in a statement today, that the consumer price index rose last month by 0.2 percent annually after declining by 0.1 percent last…

Qatar Insurance Profits Rise 11 Percent in H1 2024

Doha: The net profits of Qatar Insurance Group (a Qatari public shareholding company) increased by 11 percent in the first half of 2024 to reach QAR 360 million, compared to QAR 325 million for the same period of the previous year.

Data issued by the…

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