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22 June 11:32 PM

Oman news

moments ago Gold narrows its weekly losses
Gold prices settled on Friday at a higher note, but registered weekly losses
Goods and Metals
1 hour ago China could target America’s big 30
China could target American companies in part of retaliation against the tariffs imposed by the Trump Administration
Global Reports
4 hours ago North, South Korea agree cross-border family reunions
North and South Korea on Friday agreed to resume reunions for families separated after the decades-long Korean War sealed the borders between the countries.
Global Reports
5 hours ago Lebanon’s economy to grow 2.5% in 2018 - Moody's
Public debt problem still posing a major challenge
Global Reports
5 hours ago OPEC agrees to raise output by undisclosed amount
Members of the Organization of Petroleum Exporting Countries (OPEC) on Friday announced that they agreed on ramping up their oil production, easing their supply curbs.
Oil and Energy
06:31 PM IMF praises ECB commitment to policy
The Highly rated euro-denominated debt securities are likely to become increasingly scarce
Global Reports
05:47 PM Eurozone’s growth challenged by risks
Global and domestic risks are rising, including escalating trade tensions, policy complacency among member states, and political shocks
Currencies
05:44 PM Blackberry Q1 profits, revenues beat forecasts
Blackberry on Friday posted its profits and revenues in the first quarter that came beyond analysts’ expectations on the back of software high growth
Global Markets brief
03:54 PM Iran hints ‘cooking’ deal to hike OPEC output
Meeting between members of the Organization of Petroleum Exporting Countries (OPEC) on Friday seemed to result in an agreement on ramping up oil supply.
Global Reports
02:11 PM Eurozone agrees plan to end Greece’s bailout
Eurozone finance ministers on Friday agreed on debt relief for Greece and a large cash payout as part of a broad bailout programme exit deal.
Global Reports
12:26 PM Eurozone business growth rebounds in June
Flash estimates for the Eurozone showed that business activity growth gained momentum in June.
Global Reports
11:37 AM Germany's private sector growth improves in June
Germany’s private sector slightly picked up steam in June from 20-month low pace in the previous month, driven by resilient demand in the service sector.
Global Reports
10:56 AM Oil rises on uncertainty over OPEC meeting, trade dispute
Oil climbed on early Friday, driven by uncertainty as to whether OPEC members would agree on increasing production at their meeting later in the day.
Oil and Energy
21 June 11:40 PM Mexico raises interest rates 0.25%
The Central Bank of Mexico decided on Thursday to raise its main interest rate in order to combat the depreciation of the local currency
Currencies
21 June 11:32 PM Oil falls as OPEC set to raise production
Saudi Arabia and Russia are supporting the moves to increase production
Oil and Energy
21 June 11:25 PM Gold prices down for 3rd day in row
Gold prices declined for the third consecutive day, and ended Thursday’s trade on a lower note despite a decline in the US dollar
Goods and Metals
Photo Archive
21 June 08:33 PM Investcorp examines credit market landscape, opportunities
Mubasher: Investcorp released on Thursday a white paper on the six credit-related strategies that may help deliver value in today’s market environment, under the title “Opportunities in Credit”. The research paper examines United States …
Macroeconomics
21 June 06:50 PM Eurozone, EU consumer confidence falls in June
Consumer confidence in both the Eurozone and European Union (EU) dipped in June, the preliminary estimates revealed on Thursday.
Global Reports
21 June 06:15 PM US house prices grow in April below forecasts
US house prices increased in April, seasonally adjusted data by the Federal Housing Finance Agency (FHFA) showed on Thursday.
Global Reports
21 June 05:41 PM US natural gas storage, prices rise
Mubasher: The US Energy Information Administration (EIA) reported that the country’s natural gas storage rose by 91 billion cubic feet (Bcf) last week.
Oil and Energy
21 June 05:31 PM India slaps higher duties on US farm, metal imports
Mubasher: India raised duties on a slew of US farm and metal products, in retaliatory response to Washington’s tariff hikes on steel and aluminium imports.
Global Markets brief
21 June 05:28 PM Renewables set to reach 50% of world's generation by 2050
Cost reduction will lead to renewable sources and batteries getting cheaper
Global Reports
21 June 05:00 PM Turkey hits US imports with $267m tariffs
Mubasher: Turkey would start levying tariffs worth around $267 million on US goods.
Global Markets brief
21 June 04:32 PM US jobless claims extend 4th week decline
Mubasher: US unemployment claims continued to fall for the fourth consecutive week in the week ended 16 June.
Global Markets brief
21 June 03:22 PM Seven investors eye 10% of Xiaomi's $6.1bn Hong Kong IPO
Mubasher: China's Xiaomi announced that it has lined up $548 million from seven mega investors including Qualcomm for its Hong Kong IPO of $6.1 billion.
Global Reports