Category: Business

Gold prices fell 1 percent Wednesday, after data showed that consumer prices in the United States rose in July as expected, reducing expectations of a large interest rate cut by the Federal Reserve next month.

Spot gold fell 1 percent to $2,440.62 pe…

China’s power generation surged at a rapid pace in July, the Chinese National Bureau of Statistics said Thursday.

Power generation by China’s major electricity production enterprises rose 2.5 percent year on year to 883.1 billion kilowatt-hours last …

BEIJING: China’s retail sales of consumer goods went up 2.7% year-on-year to nearly 3.78 trillion yuan (about US$528.82 billion) in July, the National Bureau of Statistics (NBS) said Thursday.

The growth rate was 0.7 percentage points higher than tha…

The dollar was soft on Thursday, with the euro perched near an eight-month high after data showed US inflation was slowing, underpinning wagers that the Federal Reserve could lower borrowing costs next month.

The dollar index, which measures the US u…

China’s industrial output sustained stable growth in July with booming new growth drivers and strong exports.

The country’s value-added industrial output, an important economic indicator, expanded 5.1 percent year on year in July, data from China’s N…

Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from Aug. 04 to 08, reached QR 217,052,596, while the total sales contracts for residential units in …

Doha: Gold prices in the Qatari market rose by 0.88 percent during the current week, reaching USD 2,452.93000 per ounce, according to the data issued by Qatar National Bank (QNB).

The data showed that the price of an ounce of gold rose from USD 2,431…

China’s industrial output sustained stable growth in July with booming new growth drivers and strong exports.

The country’s value-added industrial output, an important economic indicator, expanded 5.1 percent year on year in July, data from China’s N…