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    Asian shares mixed with most markets closed for Christmas

    Asian shares mixed with most markets closed for Christmas

    25 Dec 2020

    Stocks rose in China and were little changed in Japan on Friday with most world markets closed for Christmas holidays. The mixed session followed an advance during Wall Street’s...

    Global cargo logjam delays goods bound for retailers, automakers

    Global cargo logjam delays goods bound for retailers, automakers

    24 Dec 2020

    Global cargo logjam deepens and it delays goods bound for retailers, automakers. Besides, Logistics companies reap ‘vaccine economy’ benefits as European Union (EU) gears up for roll-out. A...

    Gold prices gain as President Trump threatens the US stimulus package

    Gold prices gain as President Trump threatens the US stimulus package

    23 Dec 2020

    Gulf Today Report Gold prices advanced on Wednesday as dollar weakens overshadowing concerns surrounding US stimulus deal following President Donald Trump threatening to not sign it. Spot gold rose...

    Asian shares mix, European stocks fall as new coronavirus strain spreads

    Asian shares mix, European stocks fall as new coronavirus strain spreads

    21 Dec 2020

    Gulf Today Report Asian shares mixed on Monday as coronavirus cases surge outweighing the positive news of US stimulus aid.   In Japan and Hong Kong markets recorded a decline...

    UK records fall in retail sales

    UK records fall in retail sales

    18 Dec 2020

    Gulf Today Report Retail sales in Britain declined last month following lockdown in England that led to the closing of non-essential stores. The sales reduced by 3.8% in November,...

    Oil prices reach a nine-month record high

    Oil prices reach a nine-month record high

    17 Dec 2020

    Gulf Today Report Oil gained on Thursday following a government data of US crude stockpiles and development in US fiscal stimulus. Brent crude futures rose 45 cents, or 0.9%,...

    Oil prices fall as US inventory gain

    Oil prices fall as US inventory gain

    16 Dec 2020

    Gulf Today Report Oil prices decline on Wednesday as US crude oil inventories gains and countries continue to impose tighter restrictions. Brent crude futures fell 11 cents, or 0.2%,...

    European stock, Asian shares advance

    European stock, Asian shares advance

    14 Dec 2020

    Gulf Today Report European stock gained on Monday following talks by the UK and EU to extend talks on post-Brexit trade beyond the self-imposed deadline.   London shares rose 0.4...

    Oil prices gain on hope for a vaccine-led economic revival

    Oil prices gain on hope for a vaccine-led economic revival

    14 Dec 2020

    Gulf Today Report Oil prices soar on Monday, propelling Brent to above $50 a barrel, as markets remain hopeful for a coronavirus vaccine increasing fuel demand, tanker explosion in Saudi...

    UK-EU talks will continue on post-Brexit trade agreement

    UK-EU talks will continue on post-Brexit trade agreement

    13 Dec 2020

    The European Union and Britain said on Sunday they will “go the extra mile” to clinch a post-Brexit trade agreement that would avert New Year’s chaos and cost for cross-border...

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