S. Korea Extends Fuel Tax Cut by 2 Months

South Korea said Wednesday it will extend the tax cut on fuel by another two months with some adjustments amid the ongoing Middle East crisis.

The decision was aimed at reducing the scope of the discount by taking recent energy and inflation trends, …

Read More

S. Korea Extends Fuel Tax Cut by 2 Months

South Korea said Wednesday it will extend the tax cut on fuel by another two months with some adjustments amid the ongoing Middle East crisis.

The decision was aimed at reducing the scope of the discount by taking recent energy and inflation trends, …

Read More

Dollar Rises to 2 1/2-Month Peak

The US dollar hovered at a two-and-a-half-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates.

The dollar has climbed for three weeks to hit its highest since Aug. 2 at 104.19 as expectations for aggressive…

Read More

Dollar Rises to 2 1/2-Month Peak

The US dollar hovered at a two-and-a-half-month peak on Wednesday as investors adjusted bets toward a gradual reduction of interest rates.

The dollar has climbed for three weeks to hit its highest since Aug. 2 at 104.19 as expectations for aggressive…

Read More

QSE Index Up 30.84 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 30.84 points, or 0.29%, at the start of trading on Wednesday, to reach the level of 10,604 points, compared to yesterday’s closing.

QSE index was supported by a rise in most sectors: Industri…

Read More

US Crude Oil, Gasoline Inventories Rise Last Week

The US Energy Information Administration announced Wednesday that US crude oil and gasoline inventories rose last week, while distillate inventories declined.

The administration, which is the statistical arm of the US Department of Energy in its shor…

Read More