Day: April 16, 2024

Doha: The Qatar Central Bank (QCB) issued Government Bonds and Sukuk for tenors of two, three, five, and seven years worth QR 4.65 billion.

On its website, QCB said on Tuesday that the issuance of the treasury bills came as follows: QR 1.65 billion f…

London, Gold prices rose on Tuesday, not too far away from a record high hit last week, as rising geopolitical tensions propped up demand for the safe-haven metal.

Spot gold was up 0.2% at $2,387.11 per ounce, after hitting an all-time high of $2,431…

Washington: The International Monetary Fund (IMF) forecasted that the global economy is heading towards another year of steady but slow growth in 2024. This comes as the strength of the US economy is expected to outweigh the headwinds resulting from o…

Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East.

Brent crude futures gained 20 cents, or 0.3%, to $81.33. US West Texas Intermediate (WTI) crude futures climbed 9 cents, or 0.1%, to $77.25 a barr…

Tokyo, Japans Nikkei share average fell nearly 2% on Tuesday to close at an eight-week low as technology stocks tracked the overnight declines on Wall Street.

The Nikkei fell 1.94% to 38,471.20, its lowest close since Feb. 21. The index lost as much …

London, Britains unemployment rate rose to 4.2% in the three months through February, the Office for National Statistics (ONS) said Tuesday.

It is the highest level for nearly six months and up from 3.9% in the three months to January.

Most economis…

Doha: The Industrial Production index (IPI) for February 2024 reached 99.1 points, an 8.2 percent decrease compared to the previous month (January 2024), whereas increased by 0.4 percent, when compared to the corresponding month in 2023.

This indicat…

Beijing, China’s gross domestic product (GDP) grew 5.3% year on year in the first quarter of 2024, data from the National Bureau of Statistics (NBS) showed Tuesday.

The country’s GDP reached 29.63 trillion yuan (about $4.17 trillion) during this peri…

Islamabad: Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah and his Pakistani counterpart Ishaq Dar chaired the meeting of the Special Investment Facilitation Council between the two countries.

The meeting reviewed the most prominent oppo…

Doha: The general index of Qatar Stock Exchange (QSE) dropped 8.52 points, or 0.09%, at the beginning of trading on Tuesday, reaching the level of 9912.85 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in thr…

Singapore: The US dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected US retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.

Data on …