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Gold Rises After Weak US Data

Doha: Gold edged higher on Wednesday, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September. Spot gold was up 0.2% at $3,351.46 per ounce, and US gold futures for December delivery were steady at…

QSE Index Closes 1.87% Higher

Doha: The Qatar Stock Exchange (QSE) concluded Wednesday’s trading with a significant increase, posting a gain of 213.37 points, or 1.87%, to close at 11,634.75 points.

According to Qatar News Agency, the session saw the trading of 303,359,189 share…

S. Korea’s ICT Exports Surge 14.5%

Seoul: South Korea’s exports of information and communication technology (ICT) products jumped 14.5% from a year earlier in July on record-high performance of chips, data showed Wednesday. Outbound shipments of ICT products reached $22.19 billion last…

European Stocks Approach Highest Level in Two Weeks

Doha: European stocks closed near a two-week high today, supported by strong gains in major healthcare and technology companies, driven by growing expectations that the U.S. Federal Reserve will almost certainly cut interest rates next month. The Euro…