August 26, 2025

US Stocks Close Lower

New york: The main stock indexes on Wall Street closed lower on Tuesday.

According to Qatar News Agency, the S and P 500 fell 45.09 points, or 0.63 percent, to 7,064.05 at the close. The Nasdaq Composite dropped 144.08 points, or 0.59 percent, to 24…

US, South Korea Forge New Industrial Alliances Through 11 MOUs

Washington: The United States and South Korea have signed 11 memorandums of understanding (MOUs) for bilateral cooperation in a wide array of key industrial sectors ranging from shipbuilding, nuclear energy, and aviation to liquefied natural gas (LNG)…

Oil Eases After Rising to 2-Week High

New york: Oil prices edged down on Tuesday, after surging nearly 2% in the previous session. Brent crude futures fell 16 cents, or 0.23%, to $68.64 per barrel, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25%, to $64.64. …

Gold Hits 2-Week High as Dollar Slips

New york: Gold rose to a two-week high on Tuesday, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since August …