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June 11, 2024

Gold Slips as Markets Eye Outcome of Fed Meet

Singapore, Gold prices fell on Tuesday with investors awaiting key US inflation data and the outcome of the Federal Reserves policy meeting for details of the central banks plans to cut interest rates against its inflation target.

Spot gold was down …

S. Korea’s Current Account Turns to Deficit in April

Seoul, South Korea logged a current account deficit in April, ending its 11th straight month of surplus due to a decreased trade surplus and dividend payments to overseas investors, South Korean central bank data showed.

The country’s current account…

QSE Index Rises 0.20% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 81.81 points, or 0.20%, at the beginning of trading on Tuesday, reaching 9,623 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in most sectors: Telecoms…