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Day: October 2, 2024

Gold Prices Fall After Dollar Rise

Gold prices eased today as the US dollar held firm, while investors looked for more US economic data for further cues on upcoming rate cuts by the Federal Reserve.

Spot gold was down 0.5 percent at USD 2,649.17 per ounce.

US gold futures eased 0.7 p…

Korea’s Exports Rise for 12th Month on Semiconductor Boost

South Korea’s smartphone exports rose for the seventh consecutive month, increasing by 19% to $1.91 billion in September 2024, spurred by the release of new models.

Computer exports more than doubled to $1.5 billion, driven by demand from the US and …

First Investment Projects Worth RO 830 Million: Future Fund

Oman Future Fund, owned by Oman Investment Authority (OIA), announced the first batch of its investment projects in partnership with local companies and international investors, with a total value exceeding RO 832 million, including foreign investment…

Israel airstrike on Damascus kills 3 Syrians

At least three Syrians have been killed and three others wounded in an Israeli airstrike on a residential building in district Mezzah in the capital city of Damascus on Wednesday.

The Israeli occupation launched, at 5:30pm, an air assault from the o…

Oman’s Import Price Index Declines 1.5%

The import price index (IPI) in the Sultanate of Oman went down by 1.5 percent at the end of the second quarter of 2024, compared to the corresponding period in 2023. The drop stands at 3.3 percent when compared to the first quarter of 2024, according…

Turkiye raises security alert levels on ships

Turkish Minister or Transportation and Infrastructure Abdulkadir Uraloglu announced on Wednesday that security alert was raised to the highest level on ships flying the country’s flag in Lebanon’s ports and off its coasts.

In a statement, the minist…