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Sharp Increase in Industrial Production by 14.34% During July 2025
SadaNews - The index of industrial production quantities recorded a sharp increase of 14.34% during July 2025 compared to June 2025, as the index of industrial production quantities rose to 84.94 in July 2025 compared to 74.29 in June 2025 (base year 2019 = 100). &n...
U.S. Stocks Decline in Parallel with Bond Market Drop
SadaNews - "Wall Street" began September with a decline, as stocks joined the drop in bonds amid heavy sales of corporate debt and concerns about the budgets of developed countries. The dollar rose, and gold reached a record level.
Yields on 30-year U.S. Treasury bonds approached 5%, putting pressu...
Gold stabilizes after reaching all-time high supported by interest rate cut expectations a...
SadaNews - Gold experienced a six-day rise, pushing prices to an all-time high on Tuesday, as expectations of U.S. interest rate cuts enhanced the metal's appeal, and traders sought a safe haven following a wave of selling in the stock and bond markets.
Spot gold prices stabilized around $3530 an o...
Exchange Rates of Currencies Against the Shekel on Wednesday (September 3)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (September 3), are as follows:
Despite Washington's Pressure.. India Acquires Russian Oil at Discounts
SadaNews - Russian crude shipments have become cheaper for India, at a time when U.S. President Donald Trump's administration intensifies its criticism of the oil trade between New Delhi and Moscow, considering it to be aiding in funding the war in Ukraine.
According to traders who received offers...
Lebanon: Central Bank Prevents Entry of Funds from Entities Subject to International Sanct...
SadaNews - The Central Bank of Lebanon announced on Tuesday the issuance of a circular prohibiting the entry of any funds into the banking sector from Lebanese entities or organizations subject to international sanctions, particularly U.S. sanctions.
The bank stated in a statement: "The issu...
Gold Hits New Record Level Amid Increased Bets on US Interest Rate Cuts
SadaNews Economy - Gold prices surged to an unprecedented record level today, Tuesday, continuing their gains for the sixth consecutive session, supported by a weak dollar and increased bets on a reduction of US interest rates this month.
Gold rose in spot transactions by 0.6% to record $3495.01 an...
Exchange Rates of Currencies Against the Shekel on Tuesday (September 2)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (September 2), are as follows:
OpenAI Plans to Build Huge Data Center in India as Part of Its Expansion in Asia
SadaNews - OpenAI is seeking to establish a new massive data center in India, a move that could signify a major advancement in the expansion of its artificial intelligence infrastructure under the "Stargate" project in Asia.
The developer of the "ChatGPT" application is currently in talks with loca...
Israeli Rearmament Under Test Due to Gaza Fallout and War Costs
SadaNews - The pressure from operations extending from Gaza to Iran has strained Israeli military equipment, yet its options for renewing its arsenal are limited. The growing criticisms of its campaign in Gaza and scrutiny from some of its partners are prompting a reduction in the supply of weapons...
Announcement of Power Outages in Areas of Bethlehem Governorate
SadaNews: The Jerusalem District Electricity Company regrets to announce the need to cut the electric current on the days, dates, and times specified below for the following areas of Bethlehem Governorate:
-Tuesday, 2/9/2025 (from 9:00 AM to 2:00 PM): Tekoa, Sharaf Tekoa, Tekoa Al-Arza, Al-Mi...
BYD Shares Drop 8%
SadaNews - Shares of "BYD" listed in Hong Kong dropped by up to 8% on Monday, reaching HK$105.2, the lowest level since April 9, heading towards the biggest daily decline since May 26, and leading the list of losers on the Hang Seng Trade and Industry Index and the Hang Seng Technology Index.
Shares...