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Category: Business

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…

Dollar Firms on Federal Reserve Chair Caution

The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.

In the first day of his testimony to Congress overni…

MOCI Launches Complaint Submission Service Via Mobile Application

The Ministry of Commerce and Industry (MOCI) announced Monday the launch of a new complaint submission service through its mobile application under the name ‘MOCIQATAR.’ The aim is to facilitate the complaint submission process, improve service qualit…

Wall Street Stock Indices Close Mixed in Today’s Trading

The major stock indices on Wall Street closed with mixed results at the end of today’s trading session.

The S and P 500 index finished up by 5.66 points, or 0.10 percent, reaching 5,572.84 points.

The Nasdaq Composite index rose by 49.58 points, or …

Qatar Participates in the Qassim Real Estate Forum

The State of Qatar participated in the Qassim Real Estate Forum, organized by the Chamber of Commerce at the King Fahd Cultural Center in Unaizah, Saudi Arabia.

The Qatari delegation was headed by Chairman of the Real Estate Regulatory Authority Eng….

Gold Edges Higher After Falling over 1%

Gold prices firmed on Tuesday as the dollar remained soft, with investors awaiting Federal Reserve Chair Jerome Powell’s testimony and June inflation data to assess the next policy move by the US central bank.

Spot gold rose 0.4% at $2,368.06 per oun…

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