Oil Prices Rise at Settlement
Oil prices rose at settlement at the end of Thursday’s trading, after strong US economic data boosted expectations of higher demand for crude, but concerns about lower Chinese oil imports limited gains.
Brent crude futures for September delivery rose…
S. Korea’s Economy Contracts 0.2 Percent in Q2 2024
South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects despite robust exports, South Korean central bank data showed Thursday.
The country’s real gross domestic product, a key measure of…
Chinese Big Lenders Lower Deposit Interest Rates
China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.
The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…
QSE Index Closes Down 0.39 Percent
Doha: The Qatar Stock Exchange (QSE) index closed Thursday’s trading session with a decrease of 39.09 points, or 0.39 percent, settling at 10,098.36 points.
During the session, 100,123,121 shares were traded, with a total value of QR 300,134,561.768,…
QSE Index Loses 37 Points at Beginning of Thursday’s Trading
Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.
QSE attributed the decline in the general index to the negative per…
Kuwait Oil Price Down to USD 82.61 PB
Price of Kuwaiti oil dropped USD 1.29 to settle at USD 82.61 per barrel on Wednesday compared with USD 83.90 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Thursday.
Globally, the price of Brent crude rose by 70 cents to USD 81.71 p…