Category: Business

BEIJING: China’s foreign trade reached a new high in the first half (H1) of this year, providing more momentum for the economic recovery, Xinhua News Agency said on Friday.

The goods trade volume expanded 6.1 percent year-on-year to 21.17 trillion yu…

European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.

The European Stoxx 600 index clo…

Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.

The institute’s data attributed this slight slowdown to weak…

The price of Kuwaiti oil went up by $0.88 to $87.39 a barrel on Thursday as opposed to $86.51 a barrel last Wednesday, Kuwait Petroleum Corporation (KPC) said today.

In the global markets, Brent crude futures rose $0.32 to reach $85.4 a barrel, while…

Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.

Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…

Oil prices went up on Friday amid signs of easing inflationary pressures in the United States, though the contracts were headed for a weekly decline.

Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel. US West Texas Intermediate crude fut…

Doha: HE Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani met today with HE Minister of State for Economic and Fiscal Policy of Japan Yoshitaka Shindo, who is visiting the country.

During the meeting, the two sides disc…

ABU DHABI: Abu Dhabi Global Market (ADGM) the international financial centre of the UAE’s capital, today announced the publication of its whistleblowing framework, a coordinated initiative between ADGM Authorities to sustain transparency, accountabili…