Category: Business

United States government data released on Thursday, shows that the annual inflation rate in the United States rose to 2.4 percent in September, surpassing expectations according to the Consumer Price Index report from the Labor Department.

The Bureau…

Doha: The Qatar Stock Exchange (QSE) index closed this week with a 0.42 percent increase, adding 44.02 points to reach 10,509 points, compared to last week’s close. The rise was supported by gains in four sectors, led by the banking and financial serv…

Japan’s wholesale price inflation edged up in September, due mainly to higher prices of everyday food items such as rice.

The Bank of Japan said the preliminary Producer Price Index was up 2.8 percent from a year earlier, a slightly greater increase …

Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.

Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…

Doha: The price of gold in the Qatari market declined by 1.59 percent during the current week, to reach USD 2612.50000 per ounce, according to data issued by Qatar National Bank (QNB).

The data showed that the price gold declined from USD 2654.74510 …

The British government launched on Thursday a new unit to help companies comply with trade sanctions and penalize those who do not.

The new Office of Trade Sanctions Implementation (OTSI) will work with industry to make complying with sanctions oblig…

Wall Street’s main indexes closed higher on Wednesday.

The S and P 500 gained 40.45 points, or 0.70%, to end at 5,791.58 points.

The Nasdaq Composite .IXIC gained 108.91 points, or 0.60%, to 18,291.82.

The Dow Jones Industrial Average .DJI rose 432…

Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve’s future monetary policy stance.

Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions.

US gold futures …