June 12, 2024

EU Announces Tariff Increase on Chinese EVs

The European Union announced Wednesday an increase in customs duties on imports of Chinese electric cars to about 38 percent, up from 10 percent currently.

The European Commission explained in a statement that these initial tariffs have been notified…

QSE Index Rises 32.43 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 32.43 points, or 0.34%, at the beginning of trading on Wednesday, reaching 9,664 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in five sectors: Teleco…

European Stocks Close Higher

Istanbul: European stocks closed higher Friday: European stocks closed higher Friday.

According to Qatar News Agency, the pan-European Stoxx 600 index rose 1.56 percent to 626.58 points. Germany’s DAX index climbed 2.25 percent to 24,698.94 points, …

Dollar Steadies as Market Await Key Economic Data

The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market players awaited key US inflation data and the Federal Reserve’s updated economic projections due later in the day.

The dollar index, which mea…