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Australia Cuts Rates by 25 Basis Points

Sydney: The Reserve Bank of Australia announced today a 25 basis point cut in key interest rates, the third cut this year. The move comes as part of the central bank’s ongoing efforts to adjust monetary policy in response to current economic condition…

OPEC Raises Global Oil Demand Growth Forecast for 2026

Vienna: The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday raised its forecast for global oil demand for 2026 and lowered its projections for supply growth from the United States and other producers outside the OPEC+ alliance, ind…

Japan’s Nikkei Surges 2% to Record High Amid Tech Gains

Tokyo: Japanese stock indices surged at the beginning of the trading week, driven by sharp gains in technology shares and renewed optimism following a trade truce between the world’s two largest economies.

According to Qatar News Agency, the Nikkei …

Qatar Insurance Company Net Profit Rises 5% in H1 2025

Doha: Qatar Insurance Company, a Qatari public shareholding company, recorded a 5% increase in net profits during the first half of this year. The company’s net profits reached QAR 374.78 million, compared to QAR 356.69 million for the same period las…