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Austria Inflation Hits Highest Level Since April 2024

Vienna: Inflation rates in Austria recorded a significant increase in July, reaching 3.5 percent year-on-year, according to official data published today by Statistics Austria. The figure was the highest since April 2024. The agency said that rising h…

US President Increases Tariffs on Dozens of Countries

Washington: US President Donald Trump has signed an executive order to increase tariffs on imports from dozens of countries, in a move aimed at restructuring global trade dynamics and promoting US economic interests. The new tariffs are set to take ef…

S. Korea’s Exports Grow 5.9% On-Year in July

Doha: South Korea’s exports rose 5.9% from a year earlier in July thanks to robust global demand for semiconductors. Outbound shipments came to $60.8 billion last month, the highest figure for any July, according to data compiled by the Ministry of Tr…

Gold Prices Steady, Set for Weekly Loss on Stronger Dollar

Doha: Gold prices held steady on Friday, but were on track for a weekly loss as pressure from a stronger dollar outweighed support from trade uncertainty caused by new US tariffs. Spot gold was unchanged at $3,289.79 per ounce. Bullion is down 1.4% so…