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Tokyo Stocks Tumble as Yen Rises Against Dollar

Tokyo stocks tumbled Thursday at the close of trading Thursday, as key sectors including real estate and exporting companies declined, amid a rise in the value of the yen against the dollar.

The 225-issue Nikkei Stock Average ended down 975.49 points…

QCB Maintains Current Interest Rates

Doha, July 31 (QNA) – Qatar Central Bank (QCB), on Wednesday, assessed the current monetary requirements of the State of Qatar and decided to maintain the current interest rates for QCB Deposit Rate, QCB Lending Rate, and QCB Repo Rate.

In a post on …

Oil Futures Rebounds Over $1 after 7-Week Lows

Oil futures rebounded more than $1 a barrel from 7-week lows.

Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.

US West Texas Intermediate (WTI) crude futures rose $1.15, …

Gold Prices Set for Monthly Gain on US Rate Cut Hopes

Gold prices firmed on Wednesday, heading for a monthly gain on the back of growing optimism about US interest rate cuts.

Spot gold was up 0.4% at $2,416.79 per ounce, and has gained nearly 4% for the month. US gold futures added 0.5% to $2,414.80.

S…