Finance & Business

October/ International gold prices rose during today’s trading, to gain more than two dollars in spot transactions. According to global market data, the prices of the yellow metal rose in spot transactions by 0.12%, or the equivalent of $2.03, to reach $1644.6 per ounce, by “08:06 in the morning UAE …

DB World Ltd handled 59.6 million TEUs across its global portfolio of container terminals in the first nine months of 2022, with an overall container volume increase of 2% YoY and an increase of 2.5% YoY. Similar comparison. On the basis of the third quarter of 2022, DB World handled …

The Japanese currency continued its decline against the dollar and fell to 150 yen against the US currency for the first time since 1990, raising speculation about a possible new intervention from Japan to support the yen. At about 07:40 GMT, the dollar was equal to 149.92 yen after briefly …

Tesla announced higher-than-expected profits in the third quarter, while revenues failed to reach the level of expectations, which reduced the company’s after-hours trading by about 6% to its lowest level in almost a year, before adjusting slightly and only declining 3.5%. Earnings were $1.05 per share, versus 99 cents forecast, …

Global gold prices rose during today’s trading, gaining more than $8 in spot transactions. According to global market data, the prices of the yellow metal in spot transactions increased by 0.5%, or the equivalent of $8.02 to reach $1674.2 per ounce, by 10:41 am UAE time. While gold futures contracts …

JPMorgan Chase CEO Jamie Dimon has warned that a “very dangerous” mix of headwinds is likely to push both the US and the global economy into recession by the middle of next year. Dimon said the US economy is “still doing well” at the moment and consumers are likely to …

The shares of 8 companies listed on the Abu Dhabi and Dubai financial markets have jumped, at rates ranging between 173% and 42% since the beginning of this year, acquiring more than 30% of the market’s liquidity by 123 billion dirhams through trading on more than 33 billion shares. Total …

4 Gulf stock markets declined slightly, on Sunday, in the first session of the week, while the Kuwait Stock Exchange closed its business in front of investors on an official holiday; To celebrate the birthday of the Prophet. The Saudi index fell by 1.72% to 11,555 points, amid trading of …

With the continued decline in the markets, investors in “Wall Street” find themselves confused about whether to hold onto stocks in the hope of a turnaround, or is it best to avoid them until conditions improve and the vision becomes clearer. At the same time, some investors want to increase …

The dollar recovered, on Wednesday, from recent losses, as investors considered that the Federal Reserve (the US central bank) is likely to stick to its stance of monetary tightening by raising interest rates and will not change it, while the euro and sterling fell by at least one percent. The …