April 22, 2024

NCM Forecasts Increase in Rainfall Events across Saudi Arabia

Jeddah: Climate model simulations indicate an overall increase in total rainfall across most parts of the Kingdom, the National Center for Meteorology (NCM) found in a climate research study.

The frequency of heavy rainfall events is expected to rise…

Speaker of Shura Council Meets Swiss Ambassador

Doha: HE Speaker of the Shura Council Hassan bin Abdullah Al Ghanim met Monday with HE Ambassador of Switzerland to the State of Qatar Florence Tinguely Mattli.

During the meeting, they discussed existing bilateral relations between the State of Qata…

China’s Loan Prime Rates Remain Unchanged

China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from th…

S. Korea’s Exports Gain 11.1% from April 1-20

South Korea’s exports rose 11.1% on-year in the first 20 days of April on surging global demand for semiconductors, data showed Monday.

Outbound shipments reached $35.82 billion in the April 1-20 period, compared with $32.25 billion tallied a year ea…

Oil Prices Fall in Early Asian Trade

Oil prices fell on Monday, dragged down by a renewed focus on market fundamentals.

Brent futures fell 54 cents, or 0.6%, to $86.75 a barrel.

The front-month US West Texas Intermediate (WTI) crude contract for May, which expires on Monday, fell 12 ce…