Kuwait City: Kuwait Bourse closed trading on Thursday as the All Share Index lost 46.87 points to reach 8,119.35 points, a decrease of 0.57 percent.
According to Qatar News Agency, 344.3 million shares valued at KWD 96.6 million (roughly USD 297.5 m…
Berlin: German postal company Deutsche Post announced on Thursday that it will cut 8,000 jobs by the end of the year, citing high costs.
According to Qatar News Agency, the cuts will affect about 4% of the domestic letter and parcel division’s 187,0…
Ankara: The Turkish Central Bank on Thursday cut interest rates by 2.5 percentage points, days after announcing official statistics showing a slowdown in inflation that has eroded households’ purchasing power. The bank’s Monetary Policy Committee said…
Muscat: Muscat Stock Exchange (MSX 30) index closed on Thursday at 4,395.51 points, down by 15.3 points, or 0.35 percent, compared to the last trading session, which stood at 4,410.83 points. The total trading value reached 2.972 million Omani rials, …
Seoul: South Korea confirmed Wednesday that the average rate of tariffs on US imports is less than 1 percent under the bilateral free trade agreement between the two countries, with expectations of a further decline this year.
According to Qatar New…
Doha: The European Central Bank (ECB) has decided to cut interest rates by 25 basis points, bringing the interest rate to 2.5 percent. The ECB explained, in a statement Thursday, that interest rates are still hindering growth despite their decline com…