Doha, August 03 (QNA) – Qatar National Bank (QNB) expected that the US Federal Reserve would cut rates by 25 bps twice in 2024, before accelerating the pace of rate cuts in H1-2025.
In its weekly commentary, QNB alluded this to the continuation of th…
The price of Kuwaiti oil went down USD 1.36 to USD 80.47 pb on Friday’s trading, compared to USD 81.83 pb on Thursday, according to Kuwait Petroleum Corporation (KPC).
In the global markets, oil prices declined Friday to stabilize at their lowest lev…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 19.32 points, or 0.19 percent, at the beginning of trading on Thursday, reaching 10,134 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sec…
The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…