Oil prices fell by more than one percent on Wednesday, as concerns about demand in China persisted and the risks of a broader economic slowdown increased.
Brent crude futures fell by $1.15, or 1.45 %, to $78.40 a barrel, while US West Texas Intermed…
Japan’s stocks closed higher on Wednesday, as the yen’s exchange rate continued to decline, while investors await important economic data this weekend.
According to Tokyo Stock Exchange (TSE), 225-issue Nikkei Stock Average ended the session up 83.1…
The New York Times warned that the implementation of customs duties called for by US presidential candidate Donald Trump could lead to retaliatory escalation from other countries, which could cause a shock to global trade and lead to an economic rece…
Doha: Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 20.1 billion in July 2024, an increase of about QR 0.5 billion, or 2.5%, compared to July 2023, and an increase …
The dollar held near its lowest in more than a year against a basket of peers on Wednesday, with sterling trading just off multi-year highs, as markets focused on clues to the size of a widely expected US interest rate cut in September.
The Australi…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 10.78 points, or 0.11%, at the beginning of trading on Wednesday, reaching 10,177 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: …
China’s central bank conducted 277.3 billion yuan (about 38.94 billion US dollars) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.
The People’s Bank of China said in a statement that the move aims to keep liquidity reasonabl…
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed worries about global fuel demand.
Brent crude futures were up 25 cents, or 0.31%, at $79.80 a barrel. US West Texas I…
ABU DHABI: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, today announced that over 110 women have joined the company since Emirati Women’s Day 2023, including 67 UAE Nationals.
EGA now employs over 550 wome…
Doha: HE Minister of Economy of Portugal Pedro Reis has called on Qatari businessmen to invest in his country, affirming that Portugal abounds with a stable and transparent environment that offers attractive incentives to investors.
This came during …
CAIRO: Khalda Petroleum Company, operating in the Kalabsha Development Area of the Egyptian Western Desert, announced a new oil discovery in the West Fewebs-1 area.
The well was tested by drilling 270 feet into the Paleozoic sands, and the recovery o…
Qatar’s table tennis players delivered great results in the 2024 West Asia Table Tennis Championship held in Jordan’s Sports Palace Hall in Al Hussein Youth City until August 31 with the participation of players from 11 countries.
Qatar’s players qu…
