Doha: Qatar National Bank (QNB) ruled out the possibility of growth forecasts for ASEAN-6 economies being impacted by a global trade downturn scenario. This resilience stems from strong growth momentum, the ability of these countries to avoid or contain tariff-related threats, and benefits arising from changes in trade and investment flow trends. According to Qatar News Agency, in its weekly

New York: Federal Reserve Chair Jerome Powell emphasized that there is no rush to cut interest rates, as he awaits greater clarity on the economic impact of President Donald Trump’s new policies. Speaking at an economic forum in New York, Powell stated that the new administration is implementing significant policy changes in four key areas: trade, immigration, fiscal policy, and

New York: The major stock indices on the US Wall Street Stock Exchange closed higher at the end of the trading session. According to Qatar News Agency, the Dow Jones Industrial Average ended the session up 222.64 points, or 0.5 percent, to reach 42,801.72 points. The broader Standard and Poor’s 500 Index also rose 31.68 points, or 0.6 percent, to

Beijing: China’s total foreign exchange reserves rose to approximately USD 3.23 trillion at the end of February, marking an increase of USD 18.2 billion, or 0.57 percent, compared to the end of January. According to Qatar News Agency, the State Administration of Foreign Exchange (SAFE) released a statement on Saturday, noting that the US Dollar index declined last month. This

Seoul: South Korea confirmed Wednesday that the average rate of tariffs on US imports is less than 1 percent under the bilateral free trade agreement between the two countries, with expectations of a further decline this year. According to Qatar News Agency, this came in response to a statement by the US president that the average South Korean tariffs are

Doha: European stocks rose Wednesday, after recording sharp declines in the previous session, as German stocks led the gains, after its leaders agreed to reform borrowing rules to boost defense spending and revive growth. The European Stoxx 600 index rose 0.9 percent, after recording its worst daily performance yesterday, Tuesday, since August 2024, after the new tariffs imposed by US

Prime Minister Mohammed Shia Al-Sudani announced the inclusion of the implementation of (99) schools in Diyala Governorate, funded by the Iraq Development Fund.

Source: National Iraqi News Agency

Independent Kurdish politician Mahmoud Othman warned against dragging Iraq into a war with the Zionist entity and continuing its bombing by some armed factions.

Othman said in a statement to the Iraqi National News Agency (NINA): “The continuation of…