Market

Dollar Weakens, Yen Nears Two-week Low

Tokyo: The dollar weakened against several major currencies, while the wobbly yen was pinned near a two-week low, and the inflation surprise sent Australia’s dollar higher on Wednesday. The Australian dollar rose 0.7 percent to $0.7109 after a pickup …

Qatar’s Nakilat Inc. Keeps Strong Credit Rating, S&P Says

Qatar: Qatar’s gas shipping group Nakilat has retained its high-grade credit ratings from Standard and Poor’s, underlining the company’s financial strength amid steady global demand for liquefied natural gas (LNG).

According to Qatar News Agency, in…