Qatar Central Bank Issues Distributed Ledger Technology (DLT) Guideline

Doha: In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Banks endeavor to regulate and develop the financial sector and enhance the FinTech ecosystem in the country, Qatar Central Bank has issued the “Distribute…

Gold Prices Fall 1% as Investors Booked Profits ahead of US Economic Data

Gold prices fell more than 1% on Thursday as investors booked profits ahead of US economic data that could offer more cues on when the central bank will cut interest rates this year and by how much.

Spot gold fell 0.9 % to $ 2377.29 per ounce. US gol…

Oil Falls on Weak China Demand Concerns

Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…

Financial Advisor to QNA: QSE Index Achieves 1.3% of Gains Since Beginning of July

Doha: The Qatar Stock Exchange (QSE) index wrapped up this week’s trading down by 0.39 percent to stand at 10,098 points, while achieving a positive weekly performance of around 0.64 percent, achieving 1.3 percent gains since the beginning of July.

I…

Yen Rises, Main Japanese Stock Index Falls

The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.

The Nikkei stock index logged on Thursday its biggest single-day point fall in eight ye…

US Economy Grows by 2.8 percent in Q2

The US economy grew by 2.8 percent in the second quarter of this year, after growing by 1.4 percent year-on-year in the first quarter.

Data from the US Department of Commerce released Thursday showed that the US economy grew more than expected during…