Doha: Oil prices rose on Friday amid renewed tensions between the United States and Iran and concerns about disruptions to crude supplies through the Strait of Hormuz. Brent crude futures rose $1.05, or about 1.25 percent, to $85.28 a barrel in Asian …
Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…
Georgetown: Gold prices fell in Asian trading Thursday: Spot gold was down 0.6% at $4,034.42 per ounce. US gold futures for August delivery lost 0.3% to $4,039.90.
According to Qatar News Agency, other precious metals also experienced a decline. Spo…
New york: Gold recovered earlier losses to edge higher on Wednesday after US producer prices fell in June, easing inflation concerns and supporting demand for the precious metal. Spot gold was little changed at $4,057.34 an ounce after falling nearly …
Wall street: Wall Street closed slightly higher on Wednesday, with all three major US stock indexes posting modest gains.
According to Qatar News Agency, the S and P 500 rose 29 points, or 0.38%, to close at 7,572.59. The Nasdaq Composite gained 161…
Georgetown: European stock indexes closed mixed on Wednesday as investors monitored geopolitical developments in the Middle East following US strikes on Iran. The situation in the region has prompted market participants to assess potential impacts on …