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Oil Extends Losses as Dollar Strengthens

Oil prices fell for a second day on Monday as the dollar gained ground amid political uncertainty in the US.

Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel after settling down 37 cents on Friday.

US West Texas Intermediate crude was …

S. Korea’s ICT Exports Rise 31.1% in June

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…

Dollar Declines Against Euro, Japanese Yen

The dollar declined at the end of Monday’s trading after reaching high levels earlier in the session ahead of statements to be made by Chair of the Federal Reserve of the United States, Jerome Powell.

The dollar index, which measures the performance …

Sukuk issuance hits $91.9 billion in H1 2024 – S&P

DUBAI: S and P Global Ratings is maintaining its global sukuk issuance forecast at about $160 billion-$170 billion following the market’s good performance over the first half of 2024.

Total issuance reached $91.9 billion over the first six months of …

Olympic Torch Commences Paris Journey

The Olympic Torch began its journey in the French capital on Sunday, following the military parade celebrating France’s national day, Bastille Day.

Upon the military parade’s final scene, the Olympic Torch appeared in the hand of knight Thibaut Valet…

Spain Crowned UEFA Euro 2024 Champions

Spain clinched their 4th UEFA European Football Championship crown, after defeating their English counterparts 2-1, in the final match that took place at Berlin’s Olympiastadion Sunday evening.

Spain’s goals were scored by Nicholas Williams in the 47…

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