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Stoxx 600 Index Slips from Record Highs

London: European stocks pulled back from their record highs, dragged down by losses in telecommunications and energy sectors. The Stoxx 600 index closed unchanged at 530.07 points. While the index lost some momentum, it still posted a weekly gain of 1…

China’s Central Bank Conducts $7.65 Billion Reverse Repos

Beijing: China’s central bank conducted 55 billion yuan (about $7.65 billion) of seven-day reverse repos at an interest rate of 1.5 percent on Tuesday.

According to Qatar News Agency, the move aims to keep liquidity in the banking system at an adeq…

Saudi Arabia, Japan Discuss Enhancing Energy Cooperation

Doha: Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, met Tuesday with Japan’s Minister of Economy, Trade, and Industry, Muto Yoji, who is visiting Riyadh.

According to Qatar News Agency, during the meeting, they discu…

Kuwait Bourse Closes Higher as All Share Index Gains 46.81 Points

Kuwait City: Kuwait Bourse closed trading on Tuesday with an increase in the All Share Index by 46.81 points, reaching a total of 7,530.52 points, marking a rise of 0.63 percent.

According to Qatar News Agency, the trading session witnessed the exc…