Market

Dollar Declines Due to US Economy Slowdown Concerns

Doha: The dollar continued its decline against a basket of major currencies Thursday, amid growing expectations that the Federal Reserve (US central bank) will cut interest rates to stimulate the economy. The dollar index, which measures the performan…

South Korea Logs Record High Current Account Surplus in June

Seoul: South Korea recorded its largest-ever current account surplus in June, driven by rising exports, central bank data showed Thursday. The country’s current account surplus reached US$14.27 billion in June, up from $10.14 billion the previous mont…

Industries Qatar Reports 27% Decline in Net Profits for H1 2025

Doha: Industries Qatar Company reported a 27% drop in net profits for the first half of 2025, reaching QAR 1.955 billion compared to QAR 2.660 billion during the same period last year.

According to Qatar News Agency, the company’s financial data sho…