September 27, 2024

China’s Industrial Profits Up 0.5% in First Eight Months of 2024

Profits of China’s major industrial firms grew 0.5% year-on-year in the January-August period, slowing down from a 3.6-percent rise in the first seven months of 2024, official data showed Friday.

This moderation in growth is attributed to insuffici…

Oil Prices Fall on Higher Supplies Prospects

Oil prices declined for a third day on Friday and were on track to end the week lower on expectations of higher supplies.

Brent crude futures fell 57 cents, or 0.8%, to $71.03 per barrel.

US West Texas Intermediate crude futures were down 58 cent…

A Crimson Sunset Paints Al-Aqiq Governorate

In a picturesque scene following recent heavy rainfall, the Saudi Press Agency lens has captured the breathtaking beauty of a sunset tinged with red in the Al-Aqiq Governorate, part of the Al-Baha region. The recent downpour created natural lakes in …