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European Stocks Surge as Corporate Results Exceed Expectations

Beijing: European stocks rose by more than one percent Thursday, recording their biggest monthly gain in over a year, as investors were reassured by better-than-expected corporate results. The pan-European Stoxx 600 index closed 1.4 percent higher at …

Gold Rebounds from One-Month Low Amid Weaker US Dollar

Doha: Gold prices rebounded on Thursday from a one-month low hit the day before, supported by a weaker US dollar, despite rising oil prices that kept concerns about inflation and the prospect of higher interest rates for a longer period.

According t…

Dollar Firms as Oil Surges Amid Inflation Fears

Doha: The dollar climbed to its highest in more than two weeks on Thursday as hawkish signals from the Federal Reserve and a surge in oil to four-year highs intensified inflation fears, while the yen’s break above 160 per dollar sharpened intervention…