Oil prices fell for a fifth straight session on Thursday as investors worried about the global demand outlook, despite a decline in US fuel inventories and expectations of a US interest rate cut in September.
Brent crude futures fell 9 cents to $75.9…
The dollar traded near the lowest in more than a year on Thursday as a dovish Federal Reserve and fresh signs of weakness in the US job market backed the case for interest rate cuts.
The dollar fell below 145 yen mark.
The dollar index, which measur…
Doha: Qatar Stock Exchange (QSE) Index started Thursday’s trading session with a loss of 0.09 percent, dropping 9.15 points. As a result, the index fell to the level of 10,109 points, compared to Wednesday’s closing session.
Data from the stock excha…
The presidential office expressed disappointment over the Bank of Korea’s decision to freeze the key rate at 3.5 percent Thursday, citing concerns over its impact on domestic consumption.
“The interest rate decision lies within the authority of the M…
European stocks rose today as investors awaited a batch of data from major economies.
The pan-European STOXX 600 index rose 0.2 percent to 514.90 points.
The retail sector also posted a strong rise, supported by a 5.3 percent gain in JD Sports after…
Doha: In a pioneering step, Qatar General Electricity and Water Corporation “KAHRAMAA” has successfully implemented the procedures of Internal Control over Financial Reporting (ICOFR), becoming one of the first government entities in Qatar to adopt th…
Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from Aug. 11 to 15, was QR 164,585,647, while the total sales contracts for residential units in the …
Gold prices fell on Thursday, retreating from all-time highs hit earlier this week, as the US dollar ticked up ahead of US jobs data and the Federal Reserve chief’s speech that could offer further insights into the interest rate outlook.
Spot gold fe…
SEOUL: Korea’s central bank froze its key rate for the 13th straight session Thursday due to soaring home prices but may start a policy pivot this year amid moderating inflation and a slower-than-expected economic outlook, Yonhap News Agency reported….
DUBAI: Dubai Electricity and Water Authority (DEWA)’s Research and Development (RandD) Centre has developed a digital-first approach to assess the condition of critical assets, such as power transformers and overhead lines (OHL).
The deployed approac…
Jordanian Foreign Minister Ayman Safadi and his Iraqi counterpart Fuad Hussien warned on Thursday of the grave consequences of the continued illegal measures of the Israeli occupation in the occupied West Bank, including East Jerusalem.
The warning …
House Speaker, Nabih Berri, on Thursday met with Catholicos Patriarch of Cilicia for Armenian Catholics, Raphael Bedros XXI Minassian.
Discussions reportedly focused on general national issues and various public concerns.
Speaker Berri also receive…
