Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…
Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…
Georgetown: Gold prices fell in Asian trading Thursday: Spot gold was down 0.6% at $4,034.42 per ounce. US gold futures for August delivery lost 0.3% to $4,039.90.
According to Qatar News Agency, other precious metals also experienced a decline. Spo…
New york: Gold recovered earlier losses to edge higher on Wednesday after US producer prices fell in June, easing inflation concerns and supporting demand for the precious metal. Spot gold was little changed at $4,057.34 an ounce after falling nearly …
Wall street: Wall Street closed slightly higher on Wednesday, with all three major US stock indexes posting modest gains.
According to Qatar News Agency, the S and P 500 rose 29 points, or 0.38%, to close at 7,572.59. The Nasdaq Composite gained 161…
Doha: Oil prices tumbled on Wednesday, with Brent crude futures falling $1.11, or 1.31%, to $83.62 a barrel, while US West Texas Intermediate (WTI) crude futures shed 81 cents, or 1.02%, to $78.53 a barrel. The drop in prices comes after oil prices ha…
Doha: Saudi Arabia’s main stock market index closed lower on Wednesday, shedding 11.10 points to finish at 10,704.51, as trading activity reached SAR 3.9bn ($1.04bn).
According to Qatar News Agency, a total of 105 million shares changed hands during…
Doha: Kuwait’s main stock market index closed lower on Wednesday, slipping 0.10 percent or 8.58 points to finish at 8,649.94.
According to Qatar News Agency, a total of 202.1 million shares changed hands in 16,433 cash transactions, with a combined …