Singapore: The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.
The New Zealand dol…
Seoul: The Asian Development Bank (ADB) revised up its outlook for South Korea’s economic growth this year to 2.5%.
The ADB said in its latest report on the Asian economy for July that it raised its forecast for Korean economic
Doha: Qatar Stock Exchange index declined by 0.24% at the beginning of Wednesday’s trading, losing 24.25 points and dropping to the level of 10,169 points, pressured by six sectors.
Qatar Stock Exchange attributed the decline in the general index to
Singapore: Oil prices were steady in early Asian trade on Wednesday, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.
Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62
Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.
Basic earnings per share for
