October 28, 2024

Profit of Qatar General Insurance and Reinsurance Surges 282.62%

Doha: Qatar General Insurance and Reinsurance company profits surged by 282.62 percent in the first nine months of 2024, reaching around QR 45.976 million, compared to QR 12.014 million for the same period in 2023.

The financial statements issued by …

Gold Falls as Dollar Rises amid Fed Signals

Gold prices declined on Monday, pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.

Spot gold fell 0.5% to $2,732.90 per ounce. Prices hit a record high of $2,758.37 on …

Dollar Rises Supported by US Bond Yields

The dollar rose Monday, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was…