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December 19, 2025

Bank of Japan Raises Interest Rates to Highest Level in 30 Years

Tokyo: The Bank of Japan (BoJ) on Friday raised its main interest rate to the highest level in 30 years, marking a further step away from its long-standing ultra-loose monetary policy.

According to Qatar News Agency, the central bank unanimously deci…

Oil Heads for Second Straight Weekly Drop

Doha: Oil prices fell on Friday, heading for a second straight weekly decline, amid growing expectations of a potential peace agreement between Russia and Ukraine and the prospect of an easing of sanctions on Russian oil supplies. Brent crude futures …

Gold, Silver Weaken as US Inflation Data Boosts Dollar

Singapore: Gold prices fell in Asian trading on Friday, pressured by a stronger US dollar and data showing lower-than-expected US inflation, which reduced the appeal of the precious metal as an inflation hedge. Spot gold declined 0.3% to $4,319.07 per…

Central Bank of Russia Cuts Rates 0.5%

Moscow: The Central Bank of the Russian Federation cut rates by 0.5 percent to 16 percent.

According to Qatar News Agency, data from the central bank showed that inflation on an annual basis had declined to 5.8 percent in the week ending Dec. 15.