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Category: Business

Qatar Stock Exchange Drops 4.16 Points

Doha: The Qatar Stock Exchange index closed Wednesday’s session with a decline of 4.16 points, or 0.04 percent, to settle at 10,161.60 points.

During the session, a total of 157,584,058 shares were traded, valued at QR 508,453,936.43, through the exe…

European Stock Indices Close Higher

Paris: European stock indices: European stock indices closed higher Thursday.

According to Qatar News Agency, the pan-European Stoxx 600 index rose 1 percent to 608.86 points. The French CAC 40 index climbed 0.99 percent to 8148.89 points. The Brit…

OPEC Sticks to Strong Oil Demand Growth Forecasts in 2024, 2025

The Organization of the Petroleum Exporting Countries (OPEC) has stuck to its forecast for relatively robust growth in global oil demand in 2024 and 2025, citing resilient economic growth and strong rebound in air travel in the summer months.

In its …

US Crude Oil and Gasoline Inventories Decline Last Week

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

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

Gold Slightly Rises with Spotlight on US Inflation Reading

Gold traded in a narrow price range on Wednesday as investors looked forward to a key US inflation reading that could shed more light on the Federal Reserves interest rates trajectory.

Spot gold rose 0.2% to $2,367.79 per ounce. US gold futures climb…

Japan’s Wholesale Inflation Accelerates in June

Bank of Japan (BOJ) data showed the nation’s wholesale inflation accelerated again in June.

Price pressures continued to mount, as the government reduced energy subsidies intended to ease gas and electricity bills, according to Japan’s broadcaster (N…

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