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  • July 16, 2024

S. Korea’s Government Asks Refiners for Efforts to Stabilize Oil Prices

July 16, 2024

South Korea’s Industry Ministry said today that it has asked the country’s four major oil refiners to refrain from excessive price increases as part of

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Dollar Rises After Comments by Fed Chair on September Rate Cut

July 16, 2024

The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell.

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QIB Profits Surge 5.6% in H1 2024

July 16, 2024

Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared

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China’s Central Bank Pumps Over $94 Billion into Banking System

July 16, 2024

China’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.

The central bank

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QSE Index Drops 0.07% at Start of Trading

July 16, 2024

Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points,

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Gold Prices Rise Amid Optimism about US Interest Rate Cuts

July 16, 2024

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

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