Market

S. Korea ICT Exports Surge 125.9% on AI

Seoul: South Korea’s exports of information and communication technology (ICT) products rose 125.9% year-on-year in April to $42.71 billion, exceeding $40 billion for the second consecutive month, supported by strong demand for AI-related semiconducto…

Gold Rises Slightly on Weaker Dollar

Doha: Gold prices ticked up on Thursday, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90.

According to Qatar News Agency, sp…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…