Market

US Inflation Rate Rises in June

The US Department of Commerce revealed Friday that the country’s inflation rate rose on a monthly basis during June.

The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, whil…

Yen Rises, Main Japanese Stock Index Falls

The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.

The Nikkei stock index logged on Thursday its biggest single-day point fall in eight ye…

QSE Index Loses 37 Points at Beginning of Thursday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.

QSE attributed the decline in the general index to the negative per…

Oil Falls on Weak China Demand Concerns

Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…