Business

Republic of Korea Posts Record-High Current Account Surplus

Seoul: The Republic of Korea posted an all-time high current account surplus in May on robust exports of semiconductors, marking the 37th consecutive month of surplus since May 2023.

According to Qatar News Agency, the Bank of Korea (BOK) showed in…

China’s Foreign Exchange Reserves Decline in June

Beijing: China’s foreign exchange reserves stood at 3.4163 trillion US dollars at the end of last month, marking a decrease of 26 billion US dollars, or 0.75%, from the level recorded at the end of May, as revealed by official data on Tuesday.

Accor…

MSX 30 Index Ends Session Higher, Gains 68.7 Points

Muscat: The Muscat Stock Exchange (MSX) 30 Index closed Wednesday’s trading session higher, gaining 68.7 points, or 0.91%, to reach 7,637.53 points, compared with the previous trading session’s close of 7,568.85 points.

According to Qatar News Agen…

Gold Fluctuates Due to Concerns Following US Attacks on Iran

Doha: Gold prices fluctuated on Wednesday, as concerns about inflation and rising interest rates intensified after new US attacks on Iran boosted oil prices and the dollar, ahead of the release of the minutes from the Federal Reserve’s June meeting. S…