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Category: Industry

QSE Index Drops 0.03% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 0.03%, at the start of trading on Thursday, down to the level of 10,506 points, compared to Wednesday’s closing, with backed by four sectors.

QSE’s figures showed a positive performance in…

Japan’s Inflation Rises 2.8% in September

Japan’s wholesale price inflation edged up in September, due mainly to higher prices of everyday food items such as rice.

The Bank of Japan said the preliminary Producer Price Index was up 2.8 percent from a year earlier, a slightly greater increase …

Gold Price in Qatari Market Declines During Current Week

Doha: The price of gold in the Qatari market declined by 1.59 percent during the current week, to reach USD 2612.50000 per ounce, according to data issued by Qatar National Bank (QNB).

The data showed that the price gold declined from USD 2654.74510 …

Kuwait Oil Price Down USD 1.50

Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.

Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…

Oil prices rise, Brent hits $76.95 a barrel

Oil prices rose in early Asian trading on Thursday, as a result of increased demand for fuel amid a major storm in Florida, USA, and amid concerns about possible supply disruptions from the Middle East.

Brent crude futures rose 37 cents, or 0.5 %, to…

Gold Prices Inch Higher with US Inflation Data in Focus

Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve’s future monetary policy stance.

Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions.

US gold futures …

Production concerns drive oil prices up to $77.78 per barrel

Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies.

By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to…

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