Market

US Treasury to Sell $183 Billion in Bonds Next Week

US Treasury announced today that it intends to offer a new amount of long-term bonds for subscription next week, with a total value of $183 billion.

The ministry said in a statement that it will offer two-year bonds worth $69 billion, and five-year …

Qatari Investors Group’s Profits Decline 4% YoY

Doha: Qatari Investors Group disclosed the interim financial statement for the nine-month period ending Sep. 30 that saw net profit decline more than 4 percent to QR 117.7 million, from QR 122.9 million in the same period of the previous year.

Earnin…

QSE Index Closes 0.14 Percent Lower

Doha: The Qatar Stock Exchange (QSE) index closed today’s trading session down by 14.78 points, or 0.14 percent, ending at 10,400.50 points.

During the session, 129,653,853 shares were traded, with a total value of QR 370,104,708.844, in 13,346 trans…

Gold Ticks Higher as Safe-Haven Bids Offset Firm Dollar

Gold prices drifted higher on Thursday, as safe-haven demand countered a firmer dollar, while palladium hit a more than one-month peak.

Spot gold rose 0.3% to $2,725.51 per ounce. Prices hit a record high of $2,758.37 on Wednesday as US election jit…