Market

China Lodges Complaint with WTO Over Canada Steel Restrictions

China: China’s Ministry of Commerce announced Friday that it has filed a formal complaint with the World Trade Organization over Canada’s restrictions on steel imports and related products. The ministry accused Canada of disregarding WTO rules by impo…

Oman Oil Price Reaches $68.19 a Barrel

Muscat: The official price of Oman crude oil for October delivery today reached $68.19. The price of Oman crude oil today increased by $0.53 compared to Thursday’s price of $67.66.

According to Qatar News Agency, the monthly average price of Oman cr…

Gold Extends Gains for 3rd Consecutive Session

Doha: Gold prices rose for the third consecutive session on Thursday, supported by a weaker dollar and lower Treasury yields as traders’ bets on a US interest rate cut in September increase. Spot gold rose 0.4% to $3,367.53 per ounce, and gold futures…

US Stock Indices Rise on Hopes of Interest Rate Cuts

Doha: U.S. stock indices on the Wall Street exchange closed higher on Wednesday, driven by growing hopes that the Federal Reserve is nearing an interest rate-cutting cycle as part of a monetary easing strategy. The S and P 500 and Nasdaq Composite bot…