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Stocks and Markets
By: Muhammad Asif Noor, journalist and researcher The Shanghai Cooperation Organization reaches its 25th anniversary at a moment when the world is searching for…
Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, driven by a surge in manufacturing activity
Saudi Arabia’s non-oil exports to Qatar surged 213 percent in the second quarter of 2024 compared to the previous three months, reaching SR5.79 billion
RIYADH: Point-of-sale payments in Saudi Arabia recorded an 11 percent annual increase in January to reach SR53.8 billion ($14.35 billion), the latest data issued by the Saudi Central Bank showed.
RIYADH: Kuwait’s trade surplus with Japan surged 53.4 percent year-on-year in February to $652 million, driven by energy products, as exports outpaced imports significantly.
BEIJING: The head of the International Monetary Fund on Sunday called on China to implement “a comprehensive package of pro-market reforms” to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment.
Retail sales dropped by 0.3% in January from a healthy 0.9% jump in December which was led by holiday season sales, Statistics Canada said
By 1240 GMT, the rouble was 0.6% weaker against the dollar at 92.65 and had lost 0.1% to trade at 100.22 versus the euro
NEW YORK/LONDON – The dollar headed toward a second week of gains on Friday, after a slight rate hike in Japan gave the yen a slight reprieve and a surprise cut in Switzerland highlighted the gap in interest rate policy between the Federal Reserve and other central banks.
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