Browsing: markets

SINGAPORE – Oil prices fell on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated added to pressure.

Oil prices were little changed Thursday as investors kept their powder dry ahead of U.S. data expected to offer further clues on the outlook for interest rates.

Double-digit growth in the manufacturing sector, followed by a good growth rate of construction sector were responsible for the better-than-expected performance

U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping a June interest rate cut from the Federal Reserve on the table.

RIYADH: Saudi Arabia’s Tadawul All Share Index rallied for the third consecutive day, gaining 19.44 points to close at 12,630.86. 

Consumers in Germany are having to pay significantly higher for heating and electricity in 2024 than before the energy crisis, the Berliner Morgenpost has reported, citing the latest study by the portal Verivox. 

Eight countries were in debt distress, while 13 were “expected to be at risk of debt distress”

Shahin Mustafayev noted that Russia invested more than $8.7 bln in the Azerbaijani economy, and Azerbaijani entrepreneurs, in turn, gave more than $1 bln in the form of investments

Since the beginning of February, consumer prices in Russia have increased by 0.56%, according to the report

According to the Ministry of Economic Development, the rate of price growth in the food products segment fell to 0.19%