China’s central bank conducted 676 billion yuan (USD 94.77 billion) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.
The central bank said that the move aims to offset the impacts of tax period and keep liquidity
Doha: The net profits of Qatar Islamic Bank (QIB) increased by 5.6 percent in the first half of 2024 to reach QR 2.065 billion, compared to QR 1.955 billion in the same period in 2023.
Basic earnings per share for
The dollar crept off five-week lows on Tuesday, as investors weighed the case for a September rate cut after comments by Fed Chair Jerome Powell.
The dollar index , which measures the US unit against six peers, was at 104.3.
South Korea’s Industry Ministry said today that it has asked the country’s four major oil refiners to refrain from excessive price increases as part of efforts to combat lingering inflation.
Second Vice Industry Minister Choe Nam-ho made the remark d…