Business

Dollar Slips on Rate-Cut Bets

New york: The dollar began the month of December on a softer note as investors ramped up bets of a US interest rate cut later this month. Against a basket of currencies, the greenback was down 0.05% to 99.39, having lost 0.7% last week.

According to…

Business

Oil Jumps Over 1.5% as OPEC+ Holds Output

Muscat: Oil prices rose by more than 1.5% in early Asian trading today after the OPEC+ alliance decided to maintain current production levels, shelving a previously planned output increase for the first quarter of next year (2026). Brent crude futures…