Category: Business

Oil Futures Rebounds Over $1 after 7-Week Lows

Oil futures rebounded more than $1 a barrel from 7-week lows.

Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.

US West Texas Intermediate (WTI) crude futures rose $1.15, …

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QCB Maintains Current Interest Rates

Doha, July 31 (QNA) – Qatar Central Bank (QCB), on Wednesday, assessed the current monetary requirements of the State of Qatar and decided to maintain the current interest rates for QCB Deposit Rate, QCB Lending Rate, and QCB Repo Rate.

In a post on …

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QSE Index Drops 20.07 Points at Start of Trading

Doha, July 31 (QNA) – The general index of Qatar Stock Exchange (QSE) dropped 20.07 points, or 0.20 percent, at the beginning of trading on Wednesday, reaching 10,130 points, compared to yesterday’s closing.

QSE general index was weighed down by a de…

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China’s Non-manufacturing PMI Falls in July 2024

China’s purchasing managers’ index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed on Monday.

Chinese news agency (Xinhua) quoting the …

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