Market

IMF: South Korean Economy to Rebound in 2026

Seoul: The International Monetary Fund (IMF) projects that South Korea’s economy will gradually recover in 2026, supported by easing uncertainty and more accommodative fiscal and monetary policies, while urging the government to boost domestic consump…

Oil Prices Climb as US Crude Stockpiles Decrease

New york: Oil prices rose for a second straight session on Wednesday after industry data showed a decline in US crude stockpiles, reinforcing expectations of tightening supply. Brent crude futures gained 27 cents, or 0.4%, to $67.90 a barrel, while US…

Gold Prices Ease from Record High

Doha: Gold prices retreated on Wednesday from an all-time peak in the previous session, as investors weighed cautious remarks by US Federal Reserve Chair Jerome Powell on the outlook for interest rate cuts. Spot gold slipped 0.3% to $3,753.22 per ounc…