Market

Dollar Steadies Near One-Month High Ahead of Fed Decision

Doha: The US dollar paused its climb on Wednesday but held near a one-month high, as traders awaited a Federal Reserve interest rate decision later in the day. Moves in currencies were largely subdued as investors stayed on the sidelines ahead of the …

S. Korean Stocks Slide Amid AI Concerns

Doha: South Korean stocks fell about 6 percent on Wednesday, after dropping nearly 11 percent in the previous session, as investors sold semiconductor shares amid growing doubts over whether massive spending on artificial intelligence will generate su…

Australia’s Inflation Slows to 3.8% on Lower Fuel Costs

Doha: Australia’s annual inflation rate eased to 3.8% in June from 4.0% the previous month, while underlying inflation remained below the central bank’s forecast, according to data released on Wednesday by the Australian Bureau of Statistics (ABS).

Mekdam Holding’s Net Profit Falls 35% in First Half of 2026

Doha: Qatar-based Mekdam Holding (QPSC) reported a 35.09% decline in net profit for the first half of 2026, with earnings falling to QR12.204 million from QR18.804 million in the same period last year.

According to Qatar News Agency, data published …