Market

IMF Downgrades Global Growth Forecast to 3% for 2026

Washington: The International Monetary Fund (IMF) on Wednesday downgraded its global growth forecast for 2026 to 3%, warning of persistent risks posed by the war in the Middle East and potential corrections in market expectations regarding artificial …

QCB Reports 1.24% Growth in Foreign Exchange Reserves

Doha: International reserves and foreign currency liquidity at Qatar Central Bank (QCB) rose by 1.24% year-on-year in June, reaching QAR 262.114 billion, compared with the same period in 2025, when they stood at QAR 258.898 billion.

According to Qa…

Republic of Korea Posts Record-High Current Account Surplus

Seoul: The Republic of Korea posted an all-time high current account surplus in May on robust exports of semiconductors, marking the 37th consecutive month of surplus since May 2023.

According to Qatar News Agency, the Bank of Korea (BOK) showed in…