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Category: Industry

Asia stocks follow Wall Street lower as rally cools

Manama, Asian stock markets followed Wall Street lower Friday as a rally cooled and investors waited for U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus. Shanghai, Tokyo, Hong Kong and Sydney r…

Supply Chain Management Discussed at Conference

The second Supply Chain Management Conference was held yesterday under the theme ‘International Integration of the Flow of Goods and Services’ under the patronage of HE the Minister of Transport Jassim Seif Ahmed Al Sulaiti, and with the participation …

Oil prices climb on easing Omicron fears

Singapore, Dec. 7 (BNA): Oil prices edged up on Tuesday after a near 5% rebound the day before as concerns about the impact of the Omicron variant on global fuel demand eased.Brent crude futures rose 60 cents, or 0.8%, to $73.68 a barrel at 05:20 GMT, …

Asia stocks tick up from one-year low, China gains on RRR cut

Singapore, Dec. 7 (BNA): Asian stocks edged higher on Tuesday on receding worries about the impact of the Omicron variant while Chinese markets gained after the central bank there eased monetary policy.MSCI’s broadest index of Asia-Pacific shares outsi…

Bitcoin extends downtrend, falls 12.1% to $47,176

New Delhi, Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reached on Nov. 10, Reuters reported. Ether, t…

Euro zone retail sales up in October on non-food purchases

Brussels, Euro zone retail sales rose in line with expectations in October as consumers spent more on non-food purchases, particularly online, data from Eurostat showed on Friday, Reuters reported. Retail sales, a proxy for consumer demand, in the 19 c…

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