Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.
Brent crude futu…
Doha: MEEZA, Qatars leading managed IT services and data centers provider, has announced a strategic cooperation agreement with the advanced Micro Devices, Inc. American multinational corporation AMD, a global leader in high-performance computing and …
Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.
Brent crude futu…
Oil prices declined at the close of trading on Monday.
Brent crude futures fell by 18 cents, or 0.2 percent, to settle at $84.85 per barrel. Meanwhile, West Texas Intermediate (WTI) crude dropped by 30 cents, or 0.4 percent, to settle at $81.91 per b…
South Korea’s car exports hit a fresh high in the first half of 2024, data showed Tuesday, amid growing global demand for hybrid models.
The combined value of car shipments reached US$37 billion in the January-June period, up 3.8 % from a year earlie…
Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…
Central Bank of Kuwait announced Monday that it has issued bonds and Tawarruq worth KWD 240 million (roughly USD 792 million).
In a statement, the Bank clarified that the issuance has a maturity of three months with a yield rate of 4.375 percent.
On…
China’s industrial production growth remained stable in June, as industrial upgrading and new quality productive forces continued to advance.
The country’s value-added industrial output, an important economic indicator, expanded 5.3 percent year on y…
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency