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August 19, 2024

Oman’s Inflation Rate Up by 1.5 Percent in July

The inflation rate in Oman upped 1.5 percent in July 2024, compared to the same month in 2023 (base year 2018).

The Consumer Price Index (CPI) released Monday showed that the prices of food and beverages increased by 4.5 percent, various goods and se…

Japanese Stocks Fall as Yen Strengthens

Japanese stocks fell at the end of the first trading session of the week, with mining, export and retail companies underperforming as the yen appreciated against the dollar, and after official data indicated weak capital spending for domestic companie…

Financial Times: Major US Companies Warn of Growing Risks of AI

More than half of the US’s biggest companies see artificial intelligence (AI) as a potential risk to their businesses, Financial Times cited a new survey of corporate filings that highlights how the emerging technology could bring about sweeping indus…

Dollar Falls to Lowest Level in Seven Months

The US dollar declined broadly on Monday and slipped sharply against the yen in particular as investors bet on a dovish tone emerging in the Federal Reserve’s July policy meeting minutes.

The minutes, due on Wednesday, and Powell’s speech on Friday a…