Jeddah: The Saudi Ports Authority (Mawani) announced that Maersk Group, through its wholly-owned subsidiary APM Terminals, has acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port.
According to Qatar News Agency, this move s…
Singapore: Oil prices steadied in Asian trade on Wednesday after falling about 2% in the previous session as investors assessed progress in US-Iran talks but remained cautious about the prospects of a final deal that could ease supply concerns. Brent …
Wellington: The Reserve Bank of New Zealand left interest rates unchanged on Wednesday, as was widely expected, reaffirming the need to maintain accommodative monetary policy for some time to support the economic recovery.
According to Qatar News A…
Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading higher by 26.43 points, or 0.23 percent, to settle at 11,389.02 points. During the session, a total of 133,571,601 shares were traded, with a value of QAR 397,144,429.718, through 2…
Gold: Gold edged up on Wednesday on dip-buying, after losing more than 2% in the last session on progress in US-Iran talks. Spot gold rose 0.2% to $4,886.69 per ounce, after declining more than 2% to a more than one-week low on Tuesday.
According t…
Washington: The dollar held its ground on Wednesday as geopolitical risks kept markets on edge and investors awaited minutes from the Federal Reserve for signals on future rate cuts. The yen was steady after data showing a rebound in Japanese manufact…