Doha: Qatar National Bank (QNB) anticipates that the Bank of Japan (BoJ) will persist in gradually normalizing its monetary policy in the upcoming quarters. This expectation is driven by entrenched inflation, elevated inflation expectations, and incre…
Doha: Oil prices fell by nearly 2 percent on Friday and were on track for sharp weekly losses as concerns over supply disruptions eased following the resumption of shipping through the Strait of Hormuz. Brent crude futures dropped by USD 1.50, or 1.99…
Doha: The price of Kuwaiti oil dropped by USD 2.63 to USD 76.81 per barrel in Thursday’s trading, compared to USD 79.44 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).
According to Qatar N…
Doha: European stock markets opened lower on Friday: as investors shied away from risk and Apple shares declined, weighing on the technology sector. Among the major European markets, France’s CAC 40 index in Paris fell 0.24 percent, while Germany’s DA…
Doha: Gold was on track for another weekly loss on Friday, pressured by a stronger US dollar and growing expectations that the US Federal Reserve will raise interest rates to curb inflation. Spot gold fell 0.9 percent to USD 3,991.49 per ounce during …
Kuwait city: Kuwait Bourse closed trading on Thursday as the All Share Index lost 23.35 points to reach 8,687.40 points, a decrease of 0.27 percent.
According to Qatar News Agency, 342.2 million shares valued at KWD 80.3 million (roughly USD 246.5 …