Death Toll from Torrential Rains in Morocco Rises to 11

Eleven people were killed and nine others are missing following the torrential rains that hammered 17 provinces of Morocco, the Moroccan Interior Ministry said citing a provisional report.

Seven deaths were recorded in the province of Tata, two in t…

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Hot, Misty Weather Expected Today

Doha: Weather inshore until 6:00 pm on Monday will be misty at places at first, becoming hot daytime, the Department of Meteorology said in its daily weather report.

Offshore, the weather will be hazy at times, the report added.

Wind inshore will be…

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…