China’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.
The central bank said that the move aims to offset the impacts of tax period and keep liquidity reasonable and …
Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.
Basic earnings per share for the six months ending June 30, 2024,…
The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell.
The dollar index , which measures the US unit against six peers, was at 104.3.
The euro was at USD 1.08…
South Korea’s Industry Ministry said today that it has asked the country’s four major oil refiners to refrain from excessive price increases as part of efforts to combat lingering inflation.
Second Vice Industry Minister Choe Nam-ho made the remark d…
Doha: The Commercial Bank (P.S.Q.C.) announced Tuesday its financial results for the half year ended June 30, 2024.
In a statement published on Qatar Stock Exchange website, the bank reported a net profit of QR 1,571.0 million as compared to last yea…
South Korea’s exports of information and communication technology (ICT) products rose for the eighth consecutive month in June, thanks to solid demand for chips, data showed Monday.
Outbound shipments of ICT products came to US$21.05 billion last mon…
Doha: The Qatar Stock Exchange (QSE) index on Monday closed higher by 85 points, or 0.79 percent, to reach 10,801.39 points. During the session, a total of 94,844,510 shares were traded, with a value of QAR 267,735,702.449, through 20,703 transactions…
The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 31.15 million.
In a statement on Monday, the OCB said that the value of the bills allocated for a maturity period of 28…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, met Monday with Thailand’s Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga, who is visiting Riyadh.
During the meeting, they discussed means to enhance cooperation…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 20.92 points, or 0.21 percent, at the beginning of trading on Monday, reaching 10,151 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in five secto…