Trading

BEIJING: China’s central bank conducted 52.1 billion yuan (US$7.3 billion) of seven-day reverse repos at an interest rate of 1.7 percent Monday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aims to kee…

More than half of the US’s biggest companies see artificial intelligence (AI) as a potential risk to their businesses, Financial Times cited a new survey of corporate filings that highlights how the emerging technology could bring about sweeping indus…

The inflation rate in Oman upped 1.5 percent in July 2024, compared to the same month in 2023 (base year 2018).

The Consumer Price Index (CPI) released Monday showed that the prices of food and beverages increased by 4.5 percent, various goods and se…

HANOI: Although gaining strong growth in export turnover in the first seven months of this year, Vietnam still faces many challenges to maintain the high growth in the export until this year-end, according to a Vietnam News Agency (VNA) report on Mond…

SEOUL: Major banks in the Republic of Korea are scurrying to further raise their lending rates, alarmed by a spike in household loans amid extended easing monetary policy, industry sources said on Monday.

Korean news agency Yonhap reported that KB Ba…

KUWAIT, The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a t…

HANOI: Although gaining strong growth in export turnover in the first seven months of this year, Vietnam still faces many challenges to maintain the high growth in the export until this year-end, according to a Vietnam News Agency (VNA) report on Mond…

The first Global Logistics Forum 2024 is set to be held in Saudi Arabia during the period Oct.12 to 14.

Hosted by Riyadh, the forum aims to enhance global cooperation and back joint efforts to advance the logistical services, in addition to bolsterin…