October 3, 2026

Business

Oil Edges Up as Lower-Than-Expected US Stock Draw

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…

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Gold Prices Firm with US Inflation Data in Focus

Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.

Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.

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China’s netizen population nears 1.1 billion: report

GUIYANG: The number of netizens in China had reached near 1.1 billion as of June this year, up by 7.42 million from the end of 2023, according to a report on China’s internet development released Thursday.

Internet penetration in China had reached 78…

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SIF 2024 delves into future of smart economies

SHARJAH: Over 80 ministers, government officials, business leaders, and investors from around the world will gather to explore the latest economic trends, the transformative role of AI in smart economies, and the strategies needed to drive sustainable…

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