The US dollar suffered steep losses on Tuesday, with the Japanese yen on the back foot after a sharp rise in the previous session as traders contend with unwinding of popular carry trades and the prospect of deep rate cuts from the Federal Reserve.
T…
The general index of Qatar Stock Exchange (QSE) dropped 44.54 points, or 0.44 percent, at the beginning of trading on Tuesday, reaching 10,012 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: I…
The general index of Qatar Stock Exchange (QSE) dropped 44.54 points, or 0.44 percent, at the beginning of trading on Tuesday, reaching 10,012 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: I…
Gold prices edged higher on Tuesday after comments from Federal Reserve officials reinforced expectations of bigger US interest rate cuts later this year.
Spot gold was up 0.1% to $2,408.77 per ounce, while US gold futures rose 0.2% to $2,449.50.
Bu…
Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…
Doha: Qatar Oman Investment Company (QOIS), a Qatari Public Shareholding Company, has achieved a net profit of QR 1.3 million in H1 of 2024, against losses of QR2.5 million recorded during the same period of the previous year.
According to data relea…
Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.
Asian markets fell as investors abandoned…
Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per…