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S. Korea Posts Largest Current Account Surplus in 7 Years in June

South Korea posted its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

The country’s current account surplus reached $12.2 billion in June, marking a su…

Oil Edges Lower on Unexpected Build in US Inventories

Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US crude oil and gasoline inventories, offsetting global oil supply concerns.

Brent crude futur…

Gold Edge Lower as Dollar, Treasury Yields Strengthen

Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.

Spot gold slipped 0.2% to $2,385.60 per ounce, a…

QSE Index Drops 16.38 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) dropped 16.38 points, or 0.16%, at the beginning of trading on Wednesday, reaching 10,032 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Teleco…