Singapore: Oil prices dropped by around one percent in Asian trading on Friday, extending their slide for a third consecutive session, but remained above $100 a barrel. Optimism over finding alternative routes to get Middle East oil to market outweigh…
Tokyo: The Bank of Japan raised interest rates today to their highest level in 31 years. The Bank’s Policy Board decided at its two-day monetary policy meeting, which concluded today, to raise the interest rate from 1 percent to 1.25 percent, its high…
Doha: Estithmar Holding QPSC announced that its financial arm, Masaref Holding LLC, has finalized the acquisition of a 48.68 percent stake in Syria’s Shahba Bank from Banque Bemo Saudi Fransi and Ahli Trust Bank following regulatory approvals.
Accord…
Doha: Gold prices rose more than 1% on Thursday as investors digested the US Federal Reserve interest rate hike and its signal that further policy tightening may follow, while an earlier rally in oil prices lost momentum. Spot gold was up 1.1% to $4,3…