Heavy rain watch issued across parts of Korea

SEOUL: A heavy rain watch was issued across parts of northern Gyeonggi Province in the Republic of Korea on Wednesday, with 100 millimetres of rain per hour pouring in the border city of Paju, Yonhap News Agency reported, citing the Korea Meteorologic…

RAKEZ participates in Licensing Expo Shanghai

RAS AL KHAIMAH: Ras Al Khaimah Economic Zone (RAKEZ) is participating in this year’s Licensing Expo Shanghai, which began today. This premier event serves as a hub for intellectual property (IP) owners and agents across diverse industries such as film…

Qatar Stock Exchange Closes Lower by 0.41 Percent

Doha: The Qatar Stock Exchange (QSE) closed Wednesday’s session with a decline of 42.17 points, or 0.41 percent, settling at 10,151.72 points.

During the session, 186,321,557 shares were traded, with a total value of QR 478,482,200.554, executed thro…

Dollar Eases Due to Possible Fed Rate Cuts

Singapore: The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.

The New Zealand dol…

Oil Prices Steady in Early Asian Trade

Singapore: Oil prices were steady in early Asian trade on Wednesday, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.

Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62 a barrel, and US …