Chinese PM to visit Saudi, UAE on Tues.

Premier of the People’s Republic of China Li Qiang will visit Saudi Arabia on Tuesday to chair the fourth Meeting of the High-Level Chinese-Saudi Joint Committee.

The Chinese foreign ministry spokesperson Mao Ning said in a press conference on Monda…

Read More

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Read More

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

Read More

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…

Read More

Kuwait, India FMs discuss bilateral ties

Minister of Foreign Affairs Abdullah Al-Yahya met on Monday with India’s Minister of State for External Affairs Dr. Subrahmanyam Jaishankar. The meeting was on the sidelines of the 161st Ministerial Council meeting of the Cooperation Council held at …

Read More