Economy
Stay ahead of the curve with our in-depth economy news. We cover everything from market trends and financial reports to economic policies and business news. Get the insights you need to understand the forces shaping the global and national economy.
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Gold prices decline, heading for weekly losses amid rising inflation and interest rate concerns.
Gold Prices Decline Amid Inflation Concerns Gold prices fell on Friday, pressured by rising inflation and fears that central banks…
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U.S. Dollar Reaches Two-Month High Amid Market Fluctuations
The U.S. dollar has reached its highest level in two months, driven by ongoing market dynamics. This trend reflects investor…
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Muscat Stock Exchange Rebounds with 143-Point Increase Following Four-Week Decline
The Muscat Stock Exchange has recorded a significant rise of 143 points, closing at 7,775 points, marking the end of…
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China’s State-Owned Enterprises Report 1.9% Profit Growth Amid Economic Challenges
China's state-owned enterprises (SOEs) recorded a profit increase of 1.9%, amounting to over 1.37 trillion yuan, according to the Ministry…
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South Korea’s Food Exports Surpass $7.8 Billion, Reflecting Global Demand Surge
South Korea's food exports reached $7.86 billion last year, demonstrating an 8.3% increase and highlighting the rising international demand for…
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Impact of the Iran War on Eurozone Consumer Behavior
A new study from the European Central Bank reveals that Eurozone consumers are adapting rapidly to geopolitical tensions, particularly in…
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United States Enacts New Sanctions on Iranian Military Oil Trade
The U.S. has introduced fresh sanctions targeting the Iranian military's oil trade, coinciding with a preliminary ceasefire agreement with Tehran.…
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French Economy Contracts 0.1% in Q1 2026 Amid Decline in Exports
The French economy contracted by 0.1% in the first quarter of 2026, primarily due to a significant drop in exports…
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Wall Street Indices Experience Significant Gains Amid Positive Economic Sentiment
Major Wall Street indices closed higher, driven by robust gains in technology stocks and increasing investor confidence. This upward trend…
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Oil Prices Climb Over 3% Driven by Optimistic Demand Forecasts
Oil prices rose more than 3% on Thursday due to positive demand expectations, reflecting a renewed risk appetite among investors…
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