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June 8, 2026

Dollar Reaches Two-Month High as Fed Rate Hike Bets Intensify

New york: The dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone. Against the dollar, the e…

South Korea’s Economy Bolstered by Robust Semiconductor Exports

Seoul: The South Korean economy continued to improve gradually, supported by semiconductor-led strong exports, amid lingering uncertainties stemming from the Middle East, a state-run think tank said Monday. “Despite the downside risks to the economy p…

Invest Qatar Concludes Successful Promotional Tour in Istanbul

Istanbul: Investment Promotion Agency Qatar (Invest Qatar) concluded a promotional tour in Istanbul, Turkiye, during which it showcased investment opportunities in various vital sectors in the State of Qatar, and strengthened its communication with Tu…

Oil Rises Over $2, US Crude Reaches $92.64 per Barrel

Doha: Oil prices were up more than $2 a barrel on Monday after eroding hopes for an end to the wider war and a restart to crude flows through the Strait of Hormuz. US crude futures were up $2.10, or 2.32%, at $92.64 per barrel, while Brent crude futur…