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August 15, 2024

Gold Regains Ground on Softer US Dollar

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…

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China’s Power Generation Sees Rapid Surge in July

China’s power generation surged at a rapid pace in July, the Chinese National Bureau of Statistics said Thursday.

Power generation by China’s major electricity production enterprises rose 2.5 percent year on year to 883.1 billion kilowatt-hours last …

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QSE Index Rises 0.18% at Start of Trading

Doha: The QSE index rose at the beginning of Thursday’s trading by 0.18%, gaining 19.29 points to reach 10,712 points, compared to the previous session’s close, backed by four sectors.

According to Qatar News Agency, market data showed gains in Bank…

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QSE Index Closes 0.17 Percent Higher

Doha: The Qatar Stock Exchange (QSE) general index closed at 10,125.470 points on Thursday, 17.270 points (0.17 percent) up from its previous closing.

A trading volume of 112,358,192 shares was registered in 12,682 transactions in all sectors, with a…

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S. Korea’s Auto Exports Dip 9.1% in July

South Korea’s car exports fell 9.1 percent last month from a year earlier due to a high base effect, data showed Thursday.

The combined value of car shipments came to US$5.4 billion in July, down from $5.9 billion won in the same month last year, acc…

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