Browsing: markets

MOSCOW, February 19. /TASS/. The Bank of Russia still registers high growth rates of prices on a wide range of goods and services, the regulator reported.

Bitcoin, the world’s leading cryptocurrency, has experienced a significant price surge in the last two weeks, breaking above the $52,000 mark. This remarkable rise in value can be attributed to a combination of factors, including the approval of Bitcoin exchange-traded funds (ETFs), the Biden administration’s stance on cryptocurrency, and the general outlook for BTC in the future.

SINGAPORE: Oil prices fell as investor attention returned to the demand outlook after reports of higher producer prices in the US stoked worries that sticky inflation and higher interest rates would limit fuel consumption growth, according to Reuters.

RIYADH: Saudi Arabia’s digital journey is advancing, with the fintech sector claiming the largest share of venture capital, according to the chairman of the Capital Market Authority.

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 17.41 points, or 0.14 percent, to close at 12,502.00. 

RIYADH: UAE’s non-oil foreign trade reached a record-breaking 3.5 trillion dirhams ($953 billion) in 2023, significantly increasing from the 2.2 trillion dirhams recorded the year before. 

Disruptions in the Red Sea have also increased delivery times on some routes by up to 15 days, Paolo Gentiloni has said

LONDON: Global oil demand growth is losing momentum, the International Energy Agency said on Thursday as it trimmed its 2024 growth forecast in sharp contrast with projections by the Organization of the Petroleum Exporting Countries.

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 45.82 points or 0.37 percent to close at 12,484.59.

NEW DELHI: Oil prices stalled on Friday over a forecast of slowing demand by the International Energy Agency after gaining in the previous session on weak US retail sales data that sparked optimism that the Fed might cut interest rates sooner than expected.