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Economy
By: Muhammad Asif Noor, journalist and researcher The Shanghai Cooperation Organization reaches its 25th anniversary at a moment when the world is searching for…
The MoU outlines a comprehensive joint work programme, focusing on key initiatives including tackling hand-carried gold in illicit trade
Most stock markets in the Gulf ended lower on Tuesday on falling oil prices as China’s economic reforms underwhelmed investors, although the Saudi index bucked the trend. Crude prices – a catalyst for the Gulf’s financial markets – slipped for a second day as concern over China’s plan for growth and uncertainty over the pace of U.S. interest rate cuts offset the prospect of a tighter market due to continued OPEC+ supply restraint.
Mainland Chinese stocks reversed early losses with the blue-chip CSI 300 up 0.7% LONDON – Global…
Dollar steady versus euro ahead of ECB and US data, bitcoin in spotlight
Three-month copper on the London Metal Exchange (LME) dropped 0.2% at $8,524.5 per metric ton as of 1220 GMT
Shortly after 1330 GMT, gold advanced to $2,141.79 per ounce, surpassing its prior peak of $2,135.39 that was struck in early December, before pulling back slightly
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