Muscat: Gold prices today rose, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitored developments in trade negotiations amid US President Donald Trump expanding the scope of tariffs. Spot gold ro…
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Oil Falls Amid Concerns Over Escalating Trade Tensions
Muscat: Oil prices today dropped as the latest tariff announcements by US President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource. Brent crude futures were down 22 cents, or 0.31 perc…
Samsung Estimates 55.9% Drop in Q2 Operating Profit
Seoul: Samsung Electronics today estimated its second-quarter operating profit plunged 55.9% from a year earlier due to sluggish chip business and the fallout from US trade policies, missing market expectations.
According to Oman News Agency, the wo…