The Reserve Bank of New Zealand (RBNZ) cut its main interest rate Wednesday by 25 basis points to 5.25 percent in first easing move since March 2020.
RBNZ indicated progress in reducing inflation to the target range of 1 to 3 percent annually, expect…
Japanese stocks rose at the end of the trading session, after Japanese Prime Minister Fumio Kishida announced that he will not run for the upcoming presidential elections of his ruling party.
The Tokyo Stock Exchange reported that the Nikkei 225 inde…
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…
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…
Oil prices climbed on Wednesday after an industry report showed US crude and gasoline inventories fell, as the market watched for a possible escalation of conflict in the Middle East, which may impact global oil supplies.
Brent crude futures rose 56 …
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…
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…
The United Kingdom’s (UK) inflation rate rose to exceed the Bank of England’s target of 2 percent, the first increase recorded this year after months of decline.
According to data issued by the UK’s Office for National Statistics (ONS) on Wednesday, …
Jordan’s industrial sector has demonstrated resilience and modest growth, with exports rising by 0.13% over the past seven months of 2024.
According to the Jordan Chamber of Industry, total industrial exports during this period reached JD4.94 billion…
Doha: The net profits of Gulf International Services increased by 27 percent in the first half of 2024 to reach QR 356.409 million, compared to QR 280.970 million for the same period in 2023.
Data issued by the company and published on the Qatar Stoc…