Business

QCB Governor Meets Governor of the People’s Bank of China

Doha: HE Governor of the Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani met with HE Governor of the People’s Bank of China Pan Gongsheng, on the sidelines of the 96th Annual Meeting of the Bank for International Settlements (BI…

European Stocks Open Lower As Investors Retreat From Risk

Doha: European stock markets opened lower on Friday: as investors shied away from risk and Apple shares declined, weighing on the technology sector. Among the major European markets, France’s CAC 40 index in Paris fell 0.24 percent, while Germany’s DA…

Gold Declines Amid Growing Expectations of US Interest Rate Hike

Doha: Gold was on track for another weekly loss on Friday, pressured by a stronger US dollar and growing expectations that the US Federal Reserve will raise interest rates to curb inflation. Spot gold fell 0.9 percent to USD 3,991.49 per ounce during …