Joachim Nagel, president of Germanys Bundesbank and a member of the European Central Bank’s rate-setting committee said in late February that underlying inflation in the eurozone was still 2 percentage points higher than its 1999 to 2019 average.
“If…
Doha: The Producer Price Index (PPI) of the Industrial sector recorded 114.39 points for February, an increase of 1.03 percent compared to the previous month and a decrease of 8.6 percent compared to February 2023.
Planning and Statistics Authority (…
Seoul, South Korea’s exports moved up for the sixth consecutive month in March on the back of the robust performance of chips, data showed Monday.
Outbound shipments gained 3.1 % on-year to US$56.5 billion last month, according to the data compiled b…
Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.
Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel….
Singapore, Gold prices touched a record high on Monday after data showed that US inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate cut.
Spot gold rose 1% at $2,255.39 per ounce while US gold futures gained 1….
Baghdad, The Iraqi Ministry of Oil announced that it has succeeded in drilling and reclaiming 52 oil wells during the first quarter of 2024.
Director General of the Iraqi Drilling Company of the Ministry of Oil, Khalid Hamza Abbas stated that the com…