October 1, 2025

Dollar Slips to One-Week Low as US Government Shuts Down

Doha: The dollar sank to a one-week low versus major peers on Wednesday as the US government entered a shutdown that is likely to delay the release of crucial jobs data. The dollar index, which gauges the currency against six counterparts including th…

Kuwait Bourse Sees Mixed Results as All Share Index Declines

Kuwait city: Kuwait Bourse closed trading on Wednesday with a decline in the All Share Index, which fell by 13.85 points to settle at 8,781.89 points, marking a decrease of 0.16 percent. The session witnessed the trading of 692.2 million shares valued…

Slight Rise in Oil Prices

Doha: Oil prices steadied in early trade on Wednesday after two consecutive days of losses. Brent crude futures for December delivery rose 12 cents to $66.15 a barrel. US West Texas Intermediate (WTI) crude rose by 12 cents to $62.49 a barrel.

Accor…

Gold Hits Record High as US Government Shutdown

Doha: Gold prices surged to a record high on Wednesday, driven by investor demand for safe-haven assets after the official start of the US government shutdown and as soft labor data bolstered expectations of Federal Reserve rate cuts. Spot gold was up…