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July 22, 2024

Dollar Eases as Biden Ends Re-Election Bid

The dollar eased slightly on Monday as investors gauged the implications of US President Joe Biden’s decision to end his re-election campaign for the Presidential Elections in November 2024.

The US currency slipped 0.08% to 157.38 yen early in the As…

QSE Index Rises 0.46% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 46.60 points, or 0.46 % to reach the level of 10,106 points at the beginning of trading on Monday, compared to yesterday’s closing, backed by six sectors.

Qatar Stock Exchange figures showed …

Oil Prices Rise as Investors Look for Signs of US Rate Cuts

Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon as September.

Brent crude prices were up 48 cents, or 0.57%, at $83.10 a barrel, and U.S. West Texas Intermediate crude futur…