Market

European Stocks Retreat from 5-Month High

Doha: European stocks slipped on Wednesday, retreating from a five-month closing high in the previous session. The pan-European STOXX 600 index was down 0.4%, with most major bourses trading in the red.

According to Qatar News Agency, Britain’s blue…

Gold Prices Drop as Dollar Strengthens

Doha: Gold prices hit their lower level in nearly three weeks on Wednesday as the dollar firmed, while investors awaited the Federal Reserve’s symposium later this week for clues on the path for monetary policy. Spot gold was down 0.1% at $3,313.51 pe…

European Stock Markets Close Mixed Amid Varied Performances

Doha: European stock indices closed mixed at the end of today’s trading session: The pan-European Stoxx 600 index closed up by 0.2%, marking its highest closing level in over five months.

According to Qatar News Agency, Germany’s DAX index ended the…

China Keeps Key Lending Rates Unchanged

China: China kept its benchmark one-year loan prime rate (LPR), a market-based lending rate, unchanged from the previous month at 3 percent on Monday.

According to Qatar News Agency, the National Interbank Funding Center (NIFC) reported the LPR for …