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…
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to USD 57.4 billion last month, according to …
Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.
Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…