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On Friday, the Russian currency recorded significant gains against its American and European counterparts, despite Western sanctions imposed on Moscow, causing an uproar on social media. On Friday, the Russian currency hit two record…
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Gold prices eased on Thursday as a rebound in US Treasury yields tempered bullion’s safe-haven demand stemming from the Ukraine crisis and its potential impact on the global economy. Spot gold was down 0.4 percent at $1,950.61 per ounce,…
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Saudi ports have witnessed a growth in cars imports amid an increase in cargo throughput tonnage during the first quarter of 2022, official statistics showed. The first three months of the year have recorded an increase in the numbers of…
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Bitcoin, the leading cryptocurrency internationally, traded higher on Wednesday, rising by 0.32 percent to $40,204.12 as of 9:00 a.m. Riyadh time. Ether, the second most traded cryptocurrency, was priced at $3,067.40, up by 1.79 percent,…
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US Secretary of State Antony Blinken said the United States was monitoring what he described as a rise in human rights abuses in India by some officials, in a rare direct rebuke by Washington of the Asian nation’s rights record. “We…
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Saudi Arabia’s Advanced Petrochemical Co. saw its profit decline by 4 percent during the first quarter of 2022 as propane and outsourced propylene prices rose. The Jubail-based company’s profit dropped to SR164 million ($43 million)…
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Oil futures extended gains on Tuesday as the US and Europe planned new sanctions to punish Moscow over alleged war crimes by Russian troops in Ukraine, adding to concerns about supply disruptions, while Iran nuclear talks stalled. Brent…
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Bitcoin, the leading cryptocurrency internationally, traded higher on Monday, rising 5.78 percent to $47,201.35 as of 8:00 a.m. Riyadh time. Ether, the second most traded cryptocurrency, was priced at $3,333.50up by 6.03 percent,…
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Gains in banks, energy, and mining stocks lifted Asian equities slightly higher on Tuesday as investors braced for aggressive US rate hikes and war disrupting oil supplies. The yen fell through the psychological 120 level against the…
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Bitcoin, the leading cryptocurrency internationally, traded higher on Tuesday, rising 5.27 percent to $43,025.36. Ether, the second most traded cryptocurrency, was priced at $3,029.08, up by 6.44 percent, according to data from Coindesk.…
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