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Category: Industry

Oil Extends Losses on Expected OPEC+ Supply Boost

Oil prices extended losses on Monday on expectations of higher OPEC+ production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth.

Brent crude futures were down 56 cents, or 0.7…

Qatar Stock Exchange Closes 1.11 Percent Higher

Doha: The Qatar Stock Exchange (QSE) closed at 10,344.42 on Monday, 113.97 points up from the previous trading session.

This 1.11 percent uptick was observed across 15,073 deals, with 155,736,314 shares traded at a value of QR 395,835,958.712.

The s…

Japanese Stocks Slightly Rise as Semiconductor Sector Declines

Japanese stocks rose on the first trading day of the week, despite losses in the semiconductor sector following news that China warned of taking action if Japan imposes further restrictions on the supply of chipmaking equipment.

The Tokyo Stock Excha…

Turkiye’s Exports Record Growth in August

Turkiye’s exports in August reached a record high of $22.1 billion, up 2.4 percent compared to the same month in 2023.

Turkiye’s Trade Minister Omer Bolat said in statements that the country’s exports on a monthly basis in August amounted to $22.1 bi…

Gold Prices Steady with US Economic Data in Focus

Gold prices were steady on Monday as investors looked to a key US jobs data to firm their bets on the size of the Federal Reserve’s interest rate cut expected this month.

Spot gold was last at $2,502.89 per ounce, while US gold futures inched up 0.3%…

Oil Extends Losses as Investors Weigh Higher OPEC+ Supply

Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish demand in China and the United States.

Brent crude futures fell 57 cents, or 0.7%, to $76.36 a b…

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