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- NMDC Energy, Al Gharbia join forces for pipeline manufacturing in UAE
- Saudi Private Sector Employment of Nationals Rises 93% in Q1
- Gold Prices Ease from Two-week High as Dollar Edges Higher
- Aramco Becomes 1st in the World to Operate Advanced Renewable Energy Storage System
- Saudi Arabia doubles funding to Union of Arab Chambers
- Singapore economy beats Q1 forecasts, warns of trade risks
- NBK records exceptional digital performance during Q1 2025
- Bahrain All Share Index closes higher
- Investcorp sells Resa Power Company to Kohlberg
- IMF mission begins visit to Oman
18/09/2013 07:56 AST
US stocks on Tuesday closed higher amid greater investor confidence that the US economy could withstand an expected reduction of Federal Reserve bond purchases.
The Dow Jones Industrial Average put on 34.95 points (0.23 percent) at 15,529.73. The broad-based S&P 500 added 7.16 points (0.42 percent) at 1,704.76. The tech-rich Nasdaq Composite Index jumped 27.85 points (0.75 percent) to 3,745.70, its highest close since September 2000.
A two-day meeting of the Federal Open Market Committee is scheduled to conclude Wednesday with a statement and news conference with Federal Reserve Chairman Ben Bernanke. Most market watchers expect the Fed to scale back the Fed's $85 billion per month bond-buying program.
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Business Times
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
23/05/2025
Singapore's economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher
AFP
23/05/2025
A sweeping new wave of import tariffs, led by the United States, is about to reshape global trade - and the world's most vulnerable economies are set to bear the brunt.
A fresh analysis from
Gulfnews
23/05/2025
Bitcoin hit a new all-time high again on Thursday, and a leading international bank suggested that it could reach $500,000 by 2029.
The world's largest cryptocurrency climbed as high as $111
Khaleej Times
22/05/2025
The value of Egyptian exports to Lebanon saw a 43.8 percent year-on-year surge in 2024 to reach $762.8 million, according to new figures.
Data from Egypt's Central Agency for Public Mobiliza
Arab News
22/05/2025
Bitcoin hit a record high on Wednesday, driven by a wave of optimism over cryptocurrency legislation in the United States.
The world's most popular cryptocurrency surged to an all-time peak
AFP
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