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Category: Industry

Japanese Stocks Close Higher as Chip-Related Heavyweights Recover

Japan: Japan’s Nikkei share average ended higher on Tuesday, as chip-related heavyweights recovered from heavy losses in the previous session. The Nikkei closed up 2.17% at 65,416.63. The index fell 3.85% on Monday, its largest one-day loss in three m…

QBA Explores Health-Tech Investment Opportunities with Canada

Doha: Qatari Businessmen Association (QBA) discussed investment opportunities in health tech with a delegation from the Canadian-Qatari Business Forum (CQBF). This came during a meeting HE Sheikh Nawaf Nasser bin Khalid Al-Thani, member of the QBA’s b…

QatarEnergy Announces New Oil Discovery Offshore Namibia

Doha: QatarEnergy announced an oil discovery with encouraging results from the Merlin-1X exploration well in the Petroleum Exploration License 39 (PEL 0039), offshore Namibia.

According to Qatar News Agency, Merlin-1X is the tenth well drilled under…

Korean Shares Surge Over 8%

Seoul: South Korean stocks rose by more than 8 percent on Tuesday, strongly recovering from the sharp decline in the previous session, thereby regaining the 8,000-point level. The benchmark KOSPI index added 612.52 points, rising 8.18 percent, to clos…

Muscat Stock Exchange Closes Higher with 0.452 Percent Increase

Muscat: The Muscat Stock Exchange (MSX) “30” index closed on Tuesday at 7,624.90 points, marking an increase of 34.3 points, or 0.452 percent, compared to the last trading session, which closed at 7,590.62 points.

According to Qatar News Agency, th…

Gold Prices Slip as Investors Await US Inflation Data

Doha: Gold prices fell on Tuesday, weighed down by a broad sell-off and growing expectations of US interest rate hikes later this year, while investor focus shifted to key inflation data due later this week. Spot gold fell 0.7 percent to $4,298.75 an …

QSE Index Gains 219.04 Points at Start of Trading

Doha: The Qatar Stock Exchange (QSE) general index opened higher on Tuesday, recording a gain of 219.04 points, or 2.17%, to reach 10,311 points compared to the previous session’s close. This increase was supported by positive performances across all …

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