Business

Japan’s Nikkei Suffers 2% Drop as Semiconductor Stocks Decline

Japan: Japan’s Nikkei share average closed 2% lower on Tuesday, primarily driven by a decline in semiconductor-related stocks. This downturn followed a significant drop in South Korea’s Samsung Electronics, which caused the benchmark KOSPI to tumble.

Kuwait Stock Market Closes Marginally Lower

Kuwait city: Kuwait’s main stock market index closed marginally lower on Tuesday, slipping 0.06% or 5.26 points to finish at 8,733.72.

According to Qatar News Agency, a total of 310.2 million shares changed hands in 21,796 cash transactions, with a …

Oil Prices Decline as OPEC+ Boosts August Production Target

Doha: Oil prices edged lower on Monday: after OPEC+ agreed to raise its August production target, while a rebound in exports from major producers through the Strait of Hormuz reinforced expectations of increased global supply. Brent crude futures fell…