Business

Saudi Arabia’s non-oil activities grow 4.4% in Q2 2024

Riyadh, The Kingdom of Saudi Arabia’s non-oil and government activities grew 4.4% and 3.6%, respectively, during the second quarter of this year, the Saudi Press Agency (SPA) reported.

The Kingdom’s Gross Domestic Product (GDP) contracted by 0.4 perc…

US Fed keeps interest rate at 5.25-5.5 pct.

Federal Open Market Committee (FOMC) of the US Federal Reserve decided to maintain the target range for the federal funds rate at 5.25 to 5.5 percent.

Recent indicators suggest that economic activity has continued to expand at a solid pace, the Fed s…

Japan’s central bank raise interest rate to 0.25 pct.

Japan’s central bank on Wednesday raised its policy interest rate to around 0.25 percent from the previous range of around zero to 0.1 percent, and outlined a plan to taper its bond-buying program.

At a two-day policy meeting, Bank of Japan’s (BOJ) G…