Business

South Korea’s Auto Exports Rise in First Half of 2024

South Korea’s car exports hit a fresh high in the first half of 2024, data showed Tuesday, amid growing global demand for hybrid models.

The combined value of car shipments reached US$37 billion in the January-June period, up 3.8 % from a year earlie…

Oil Prices Close on Decline

Oil prices declined at the close of trading on Monday.

Brent crude futures fell by 18 cents, or 0.2 percent, to settle at $84.85 per barrel. Meanwhile, West Texas Intermediate (WTI) crude dropped by 30 cents, or 0.4 percent, to settle at $81.91 per b…

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

Spot Value in Qatar

Doha: Rates against US Dollar as issued on Tuesday by Qatar National Bank (QNB) are as following: Currency Buying Selling QAR 3.64000 3.64150 SAR 3.75060 3.75080 AED 3.67280 3.67310 BHD 0.37697 0.37701 KWD 0.30545 0.30605 GBP 1.29610 1.29690 EUR 1.089…