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August 19, 2024

S. Korea’s Exports Surge 13% Over Last Decade

The volume of South Korean exports increased by 13% over the past decade.

A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023.

The data also indicated that South K…

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Oman’s Public Revenues Down 2% in Q2 2024

Public revenues in the Sultanate of Oman decreased by 2 percent year-on-year during the second quarter of 2024, reaching about OR 6 billion and 197 million, compared to OR 6 billion and 342 million in the same period of 2023.

Data issued by the Omani…

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Japanese Stocks Fall as Yen Strengthens

Japanese stocks fell at the end of the first trading session of the week, with mining, export and retail companies underperforming as the yen appreciated against the dollar, and after official data indicated weak capital spending for domestic companie…

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Dollar Falls to Lowest Level in Seven Months

The US dollar declined broadly on Monday and slipped sharply against the yen in particular as investors bet on a dovish tone emerging in the Federal Reserve’s July policy meeting minutes.

The minutes, due on Wednesday, and Powell’s speech on Friday a…

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Oman’s Inflation Rate Up by 1.5 Percent in July

The inflation rate in Oman upped 1.5 percent in July 2024, compared to the same month in 2023 (base year 2018).

The Consumer Price Index (CPI) released Monday showed that the prices of food and beverages increased by 4.5 percent, various goods and se…

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