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S. Korea, Turkiye Extend Currency Swap Deal

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said Monday that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows for the exchange of lo…

Financial Times: Ukraine Facing $43 Billion Budget Deficit

Ukrainian Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.

The slow supply of weapons, especially from …

Gold Prices Steady as Investors Await US Economic Data

Gold prices held steady on Monday, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September.

Spot gold was little changed at $2,425.94 per ounce, and US gold fu…

Gold Prices Steady as Investors Await US Economic Data

Gold prices held steady on Monday, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September.

Spot gold was little changed at $2,425.94 per ounce, and US gold fu…

Oil Continues to Rise, Holds On Last Week’s Gains

Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.

Brent crude futures climbed 22 cents, or 0.3%,…

QSE Index Drops 0.10% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 10.55 points, or 0.10%, at the beginning of trading on Monday, reaching 10,066 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Tra…

Oil Holds On to Last Weeks Gains Buoyed by Economic Data

Oil prices were little changed in early Asian trading on Monday, holding on to most of last weeks more than 3% gains, supported by geopolitical tensions and better economic data.

Brent crude futures fell 7 cents, or 0.09%, to $79.59 a barrel, while U…

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