Category: Business

Japanese Stocks Close Higher as Semiconductor Shares Surge

Tokyo: Japanese stocks closed higher today as the Nikkei 225 index climbed 1.4% to close at 67,743.85, trimming some gains after rising as much as 2.4% earlier, following three consecutive days of losses.

According to Oman News Agency, the broader T…

Oil Prices Rise as US Military Strikes Target Iran

Muscat: Oil prices advanced today following fresh US strikes against Iran, dimming hopes for an end to the conflict. Brent crude futures climbed 78 cents, or 1 percent, to USD 78.80 per barrel, while West Texas Intermediate crude futures gained 74 cen…

Dollar Holds Firm as Oil Surge Fuels Rate-Hike Bets

Muscat: The dollar maintained its strength against most major currencies today, as renewed tensions in the Middle East revived demand for safe-haven assets, while rising oil prices reinforced expectations of further interest rate hikes, keeping the ye…