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US Federal Reserve Keeps Interest Rates Unchanged

Doha: The US Federal Reserve left its benchmark interest rate unchanged today, maintaining the federal funds target range at 3.50% to 3.75%.

According to Qatar News Agency, the decision to keep rates unchanged was opposed by three of the 12 members …

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Oil Prices Jump Nearly 7 Percent

Doha: Oil prices jumped nearly 7 percent on Wednesday, driven by tensions in the Middle East that fueled concerns about supply disruptions. Brent crude futures rose $6.16, or 7.33 percent, to $90.25 a barrel. U.S. West Texas Intermediate crude futures…

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S. Korean Stocks Slide Amid AI Concerns

Doha: South Korean stocks fell about 6 percent on Wednesday, after dropping nearly 11 percent in the previous session, as investors sold semiconductor shares amid growing doubts over whether massive spending on artificial intelligence will generate su…

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