August 2024

QSE Index Drops 19.32 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 19.32 points, or 0.19 percent, at the beginning of trading on Thursday, reaching 10,134 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sec…

Oil Prices Jump nearly Three Percent as US Inventory Falls

Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.

Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September. The more active Octobe…

Gold Hits Two-week High after Fed Chief’s Rate Statements

Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.

Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…

S. Korea’s Exports Rise 13.9% in July

South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.

Outbound shipments rose 13.9 percent on-year to USD 57.4 billion last month, according to …