The Saudi stock market index (TASI) experienced a slight decline of 0.06% in early trading on Sunday, settling at 11,336 points with trading volumes of 1.3 billion Saudi Riyals. This reflects a mixed performance among various stocks in the market.
U.S. President Donald Trump unexpectedly retracts his previous threats to annihilate Iran, suggesting the possibility of lifting the blockade on the Strait of Hormuz. This shift reflects Trump's history of backing down from extreme demands.
Italy's industrial production fell by <strong>0.6%</strong> in January 2023, reflecting ongoing economic challenges. This decline occurs amid unstable economic conditions.
Gold prices in Dubai fell by 3 dirhams on Monday morning as hopes for a ceasefire dwindled, impacting demand for safe-haven assets. This decline comes at a time of increasing market volatility.
Mortgage financing for individuals in Saudi Arabia saw a notable decline in February due to a wait-and-see approach regarding market price corrections. This downturn reflects various impacts on the real estate sector.
Results from the 'Employer Index' issued by the Federal Association of German Employers indicate that most companies in Germany anticipate a forthcoming decline in economic activity, raising concerns about the future of the German economy.
Japan's factory production saw a decline of <strong>2.1%</strong> in February 2023 compared to the previous month, according to government data. This drop aligns with market expectations, while manufacturers anticipate an increase in production in the coming months.
Qatar's Purchasing Managers' Index (PMI) saw a significant decline in March, falling to <strong>38.7</strong> points from <strong>50.6</strong> in February, according to S&P Global's report. This decline reflects a notable downturn in economic activity amid global and local challenges.
A recent study by consulting firm Ernst & Young reveals that revenues of major publicly listed German companies fell by <strong>0.6%</strong> in <strong>2025</strong>, marking the third consecutive decline in this sector. This trend highlights ongoing challenges faced by the German economy, one of Europe's strongest.
Brent crude prices dropped by <strong>5.92%</strong> on Wednesday after reports emerged that U.S. President <strong>Donald Trump</strong> proposed a plan to Iran aimed at halting the ongoing conflict. This decline highlights the direct impact of political news on global oil markets.
TotalEnergies, a French energy company, has announced its withdrawal from solar energy projects in the oceans, opting instead to invest in oil and gas projects. The decision comes after US President Donald Trump unveiled new policies aimed at supporting the US oil and gas industry. The company plans to invest $928 million in oil and gas projects, producing 4 gigawatts of energy.
Bitcoin has fallen to its lowest levels in two weeks, trading at over <strong>$25,000</strong>, amidst rising political and military tensions in the region. This situation increases uncertainty in global markets, putting investors at a crossroads regarding their digital currency investments.
China Petroleum and Chemical Corporation, commonly known as Sinopec, has reported a notable decrease in its profits for the fiscal year 2025 compared to the previous year, raising concerns about the reasons behind this decline.