Business / Stock Market

Budget surplus could boost Qatari stocks: Analyst 24 Feb 2023 - 09:55 am

Doha: Financial analyst Tamer Hassan said that the Qatari Ministry of Finance’s announcement of a budget surplus of QR89bn in 2022 will have...

Bourse close higher in Kuwait 03 Feb 2023 - 11:47 am

Kuwait: Kuwait Bourse closed up yesterday as the All Share Index gained 22.9 points to reach 7,330.29 points, an increase of 0.31 percent....

MSX gains 0.24 percent 30 Jan 2023 - 09:00 am

Muscat Stock Exchange (MSX) index 30 closed Sunday at 4,762.85 points, up by 11.4 points. MSX gained 0.24 percent, compared to last trading...

QSE gains 0.39 percent 30 Jan 2023 - 09:00 am

Doha: Qatar Stock Exchange (QSE) index gained 43.48 points, or 0.39 percent, to close trading at 11,153.64 points yesterday. The volume of shares...

Most Asian markets track Wall St. rally 24 Jan 2023 - 09:36 am

Hong Kong: Tokyo led gains across most Asian markets again Tuesday, in another day thinned by the Lunar New Year break, with sentiment...

Four pivots set to spur powerful cyclical rebound in China 15 Jan 2023 - 08:25 am

Doha: Subdued global economic growth last year raised questions about the overall health of the Chinese economy. The country was for decades the...

Unilever downbeat on Europe, China consumer sentiment 27 Oct 2022 - 11:33 am

LONDON: Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised...

Netflix returns to growth, saying the worst of slowdown is over 19 Oct 2022 - 12:58 pm

Netflix Inc. is growing again, and Hollywood can breathe a sigh of relief. The streaming leader added 2.41 million customers in the third...

BTS band’s managing agency loses $10 billion since peak as stock slides 28 Sep 2022 - 11:04 am

Shares of K-pop juggernaut BTS’s managing agency tumbled below the initial public offering price for the first time, extending a rout that’s wiped...

Sterling crumbles to record low, dollar soars on UK fiscal angst 26 Sep 2022 - 08:14 am

Tokyo: Sterlingtumbled to a record trough on Monday as traders scampered for the exits on speculation the new government's economic plan will stretch...

Ethereum blockchain slashes energy use with 'Merge' software upgrade 15 Sep 2022 - 02:32 pm

London: The Ethereum blockchain has undergone a major software upgrade, drastically reducing its energy usage, its inventor and co-founder tweeted on Thursday. The...

Emmys for Netflix’s Squid Game boost ‘K-Drama’ stocks in Seoul 13 Sep 2022 - 12:23 pm

Shares of Korean companies related to television production rose Tuesday after the Netflix Inc. megahit "Squid Game” won top honors at the television...

Foreign investors net-purchase Korean shares worth $2.9 billion in August 04 Sep 2022 - 01:41 pm

Seoul: Foreign investors net purchased nearly four trillion won worth of Korean stocks in August, despite the sharp depreciation of the Korean currency...

K-Pop names biggest bet for $2.5 billion Korea fund 02 Sep 2022 - 09:46 am

VIP Research & Management got into K-pop and drama-related shares even before "Squid Game” sparked a global boom in South Korean entertainment, and...

Polish stocks turn world’s worst in 2022 on European energy woes 31 Aug 2022 - 02:06 pm

After a selloff in August, Polish stocks are the world’s worst equity performers this year, highlighting their vulnerability to Europe’s energy crisis as...

Lurpak-owner Arla warns prices will rise further 30 Aug 2022 - 12:18 pm

COPENHAGEN: Dairy cooperative Arla Foods, maker of Lurpak butter, said on Tuesday significant price increases had boosted sales in the first six months...

Dollar hits 20-year high as markets hunker down for higher rates for longer 29 Aug 2022 - 11:38 am

London: The US dollar climbed to a 20-year high against other major currencies on Monday after Federal Reserve Chair Jerome Powell signalled interest...