July 29, 2026

Australia’s Inflation Slows to 3.8% on Lower Fuel Costs

Doha: Australia’s annual inflation rate eased to 3.8% in June from 4.0% the previous month, while underlying inflation remained below the central bank’s forecast, according to data released on Wednesday by the Australian Bureau of Statistics (ABS).

Beema Insurance’s Net Profit Rises 16.14 Percent in H1 2026

Doha: Damaan Islamic Insurance Company’s (Beema) net profit for the first half of this year rose 16.14 percent to reach QAR 61.513 million in comparison to QAR 52.960 million for the same period in 2025.

According to Qatar News Agency, data posted o…

S. Korean Stocks Slide Amid AI Concerns

Doha: South Korean stocks fell about 6 percent on Wednesday, after dropping nearly 11 percent in the previous session, as investors sold semiconductor shares amid growing doubts over whether massive spending on artificial intelligence will generate su…