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August 16, 2024

European Stock Indices Close on Mixed Board This Week

European stocks ended trading this week with strong gains, amid optimism following a series of positive US data.

The European Stoxx 600 index Friday rose 0.3 percent , recording its best weekly performance since May 6, as it increased by 2.4 percent …

Gold Prices Rise Amid Expectations of US Interest Rate Cuts

Gold prices rose Friday, heading towards achieving weekly gains, supported by increasing hopes for a US interest rate cut in September.

Gold rose in spot transactions by 0.6 percent to USD 2,471.79 per ounce, and rose by 1.7 percent since the beginni…

6.1-Magnitude Earthquake Hits Off Taiwan’s East Coast

An earthquake measuring 6.1 magnitude on the Richter scale hit off Taiwan’s east coast on Friday morning.

The tremor struck at a depth of 15.4 km near Hualien, according to the China Earthquake Networks Center (CENC).

Local Authorities have not repo…