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Category: Business

Norway jobless rate in July falls to 3.9%

OSLO: Norway’s unemployment rate decreased in July to the lowest level in five months, the labour force survey data from Statistics Norway showed on Monday. The seasonally adjusted jobless rate came in at 3.9 percent in July, down from June’s stable r…

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Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to $2,55…

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China’s Fiscal Revenue Down 2.6% in Jan-July

China’s fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday.

The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro…

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Oil Prices Rise on Fed Rate Cut Expectations

Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.

Brent crude futures climbed 37 cents, or …

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