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Category: Trading

Japan’s May Current Account Surplus Hits Record High

Tokyo, Japan’s Finance Ministry said that the country’s current account surplus for May hit a record high for that month.

The surplus stood at 2.85 trillion yen, or 17.7 billion dollars. That’s up more than 41 percent on year and the highest for May …

Gold Edges Higher After Falling over 1%

Singapore, Gold prices firmed today as the dollar remained soft, with investors awaiting Federal Reserve Chair Jerome Powell’s testimony and June inflation data to assess the next policy move by the US central bank.

Spot gold rose 0.4% at $2,368.06 p…

Oil Prices Drop to a Week Low

New York, Oil prices dropped by about one percent at the close of today’s trading session, marking their lowest level in a week. Brent crude futures fell by 79 cents, or 0.9 percent, settling at $85.75 per barrel. Similarly, West Texas Intermediate (W…

Dhaman: Kuwait ranks 5th in largest exports in Arab region list

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said on Monday that Kuwait was ranked fifth in Dhaman’s largest exports in the Arab region 2023 list in the 39th report of Investment Climate in Arab Countries for 2024.

In a press …

Bahrain All Share Index marks 2,005.18 points

Manama, Bahrain All Share Index closed at 2,005.18 points, marking an increase of 2.54 points above the previous closing.

This increase was due to the rise in the financial sector.

The Bahrain Islamic Index closed at 814.59 points, marking an increa…

CBB Sukuk Al Salam securities oversubscribed by 100%

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al Salam Islamic securities has been Fully Subscribed by 100%.

Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries a maturi…