Business

Korea’s KOSPI Falls Over 8 Percent, Triggering Trading Halts

Seoul: South Korean stocks nosedived more than 8 percent Monday, extending their losing streak to a third consecutive session, as investors dumped market heavyweights on renewed woes over artificial intelligence (AI) profitability and concerns over a …

Japanese Stocks Close Lower

Tokyo: The benchmark Nikkei 225 Index dropped 3.85% to close at ¥64,024.60, marking its sharpest one-day slide since March 9. The broader Topix also slid 2.45% to 3,852.38.

According to Qatar News Agency, there were 163 decliners on the Nikkei index…

Oman Oil Price Rises to USD 93.38 Per Barrel

Muscat: The official price of Oman crude oil for August delivery reached USD 93.38 per barrel on Monday. This marks an increase of USD 2.49 compared to Friday’s price of USD 90.89 per barrel.

According to Qatar News Agency, the monthly average price…