International Economy
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US stocks close lower on mixed quarterly earnings
US stocks fell in choppy trading on Thursday while investors grappled with a mixed bag of earnings reports as concerns…
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2PointZero Group invests in WHOOP Series G financing
2PointZero Group today announced its investment in the Series G preferred equity financing of Whoop, Inc. (WHOOP), one of the…
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Qatar Energy ceases LNG production following military offensive
QatarEnergy has ceased the production of LNG and related products due to a military offensive on its operational facilities in…
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Trump increases global tariffs from 10% to 15%
President Donald Trump said on Saturday that he will raise the temporary global tariff rate on imported goods from 10%…
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Gold prices dip on firmer US dollar
Gold edged lower on Monday as the dollar rose after bullion notched a more than 2 percent gain in the…
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China leaves benchmark lending rates unchanged
China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent Tuesday, unchanged from the…
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Gold eases on profit-booking after breaching $4,600/oz
Gold eased on Tuesday, a day after breaching $4,600/ounce for the first time ever, as investors booked profits amid heightened…
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Oman establishes Global Financial Centre
In recognition of the strategic importance of establishing a global financial centre in the Sultanate of Oman to drive economic…
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Korea’s annual exports surpass $700 billion for first time
The Republic of Korea’s annual exports surpassed US$700 billion for the first time on Monday, making the country the sixth…
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Shurooq’s real estate projects’ sales cross AED5.8 billion
The Sharjah Investment and Development Authority (Shurooq) has reported exceptional results across its real estate portfolio, with total investments and…
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