Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.
Brent crude futures climbed 37 cents, or …
Doha: The State of Qatar chaired the first meeting of the preparatory committee for the Committee of Central Banks Governors of the Gulf Cooperation Council (GCC) states, which was held here on Monday.
Supervision Assistant Governor at the Qatar Cent…
Japanese stocks fell at the Tokyo Stock Exchange at the end of today’s trading session, with the yen rising to its highest levels since Aug. 5, amid escalating tensions in the Middle East, and increasing chances of a US interest rate cut in September …
The dollar sank to a three-week trough against the yen on Monday as Federal Reserve Chair Jerome Powell’s emphatic dovish shift contrasted sharply with Bank of Japan chief Kazuo Ueda’s steadfastly hawkish tone.
The US currency hovered near its lowest…