Market

Asia stocks follow Wall Street lower as rally cools

Manama, Asian stock markets followed Wall Street lower Friday as a rally cooled and investors waited for U.S. inflation data that might influence a Federal Reserve decision on when to roll back economic stimulus. Shanghai, Tokyo, Hong Kong and Sydney r…

H.E. Minister of Commerce & Industry meets with Saudi counterpart

His Excellency Sheikh Mohammed bin Hamad bin Qassim Al Thani, Minister of Commerce & Industry, met with H.E. Dr. Majid Bin Abdullah Al Qasabi, Minister of Commerce and Acting Minister of Media of the Kingdom of Saudi Arabia, currently visiting Qatar. D…

Euro zone retail sales up in October on non-food purchases

Brussels, Euro zone retail sales rose in line with expectations in October as consumers spent more on non-food purchases, particularly online, data from Eurostat showed on Friday, Reuters reported. Retail sales, a proxy for consumer demand, in the 19 c…

Goldman Sachs launches green finance group with Beijing think tank

Beijing, Goldman Sachs Group Inc (GS.N) and the International Finance Forum (IFF), a Beijing-headquartered think tank, launched a green finance working group on Saturday, the two said. The working group will facilitate dialogue on climate action among …

Bitcoin extends downtrend, falls 12.1% to $47,176

New Delhi, Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reached on Nov. 10, Reuters reported. Ether, t…