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China’s Yuan Loans Rises in First Seven Months of 2024

China’s yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion US dollars) in the first seven months of the year, the Chinese central bank data showed on Tuesday.

The M2, a broad measure of money supply that covers cash in circulatio…

UK Inflation Rises to 2.2 Percent in July after Months of Decline

The United Kingdom’s (UK) inflation rate rose to exceed the Bank of England’s target of 2 percent, the first increase recorded this year after months of decline.

According to data issued by the UK’s Office for National Statistics (ONS) on Wednesday, …

Dollar Drops as Inflation Data Reinforces Bets on 2024 Rate Cuts

The dollar extended losses on Wednesday after falling against major currencies overnight as upbeat US producer price data reinforced bets on a rate cut this year.

Risk-sensitive currencies stayed strong after the unexpected softening in inflation buo…

Gulf International Services Profits Grow 27% in H1 2024

Doha: The net profits of Gulf International Services increased by 27 percent in the first half of 2024 to reach QR 356.409 million, compared to QR 280.970 million for the same period in 2023.

Data issued by the company and published on the Qatar Stoc…