September 9, 2024

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…

Oman Central Bank Issues Treasury Bills Worth OR 30 Million

Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.

The bank explained in a statement Monday, that the value of the bills allocated for a maturity period of 28 da…

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…