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Day: October 28, 2024

Dollar Rises Supported by US Bond Yields

The dollar rose today, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was …

Oil Prices Slump More Than 4pc

Oil prices tumbled more than $3 a barrel today amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since 1 October 2024 at the open. Brent was at $72.88 a barrel, down $3.17, …

Gold Falls as Dollar Rises amid Fed Signals

Gold prices dropped today, pressured by a stronger US dollar, while investors awaited fresh signals regarding the Federal Reserve’s monetary policy trajectory.

Spot gold fell 0.5% to $2,732.90 per ounce. Prices hit a record high of $2,758.37 on Wedne…

Regional Cybersecurity Week Reviews Developments, Challenges

More than 600 decision-makers, experts and specialists from 60 countries are taking part in the 12th edition of the Regional Cybersecurity Week which kicked off in Muscat today.

The opening ceremony was held under the auspices of Sayyid Hamoud Faisal…