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Rise of Technology Stocks in Asia Ahead of Nvidia's Results Release

Rise of Technology Stocks in Asia Ahead of Nvidia's Results Release

SadaNews - Stocks declined in late trading after Nvidia's results disappointed investors who were anticipating more from the leading company in artificial intelligence that has fueled the rising market. A $660 billion exchange-traded fund tracking the S&P 500 fell after regular trading hours. T...
Gold Prices Stabilize After Gains from Rising Concerns About the Federal Reserve's Independence

Gold Prices Stabilize After Gains from Rising Concerns About the Federal Reserve's Indepen...

SadaNews - The price of gold stabilized after two days of gains, amid increasing market concerns about the erosion of the independence of the U.S. Federal Reserve, following President Donald Trump's attempts to oust Governor Lisa Cook, in a move that could change the composition of the monetary boar...
Oil Prices Decline Despite US Pressure on India

Oil Prices Decline Despite US Pressure on India

SadaNews - Oil prices have declined as traders ignored US attempts to urge India to halt its imports of Russian crude, while market watchers warned of a potential surplus in global supply in the coming months. Brent crude fell below $68 a barrel, while West Texas Intermediate approached $64. This c...
Exchange Rates of Currencies Against the Shekel on Thursday (August 28)

Exchange Rates of Currencies Against the Shekel on Thursday (August 28)

SadaNews - The exchange rates of currencies against the shekel today, Thursday (August 28), are as follows:
Foreign Tourism in Israel Plummets Amid War and Regional Escalation

Foreign Tourism in Israel Plummets Amid War and Regional Escalation

Sada News - The Israeli economic newspaper Calcalist reported that the tourism sector in Israel is facing an unprecedented crisis as the war on Gaza and military escalation with Iran continue, directly impacting the results of the "Fattal" hotel chain - the largest hotel chain in Israel and a reflec...
Jordan to Supply Internet Capacities to Syria Within Weeks

Jordan to Supply Internet Capacities to Syria Within Weeks

Sada News - Syria announced an agreement to supply internet capacities from Jordan within weeks, coinciding with the completion of the 'Silk Link' project, aimed at improving internet speed in the country, according to a post by Syrian Communications Minister Abdul Salam Haykal on the 'X' platform t...
Palestinian Monetary Authority Signs Memorandum of Understanding with Al-Quds Pharmaceutical Company to Join E-SADAD Platform

Palestinian Monetary Authority Signs Memorandum of Understanding with Al-Quds Pharmaceutic...

Sada News - The Palestinian Monetary Authority signed a memorandum of understanding today with Al-Quds Pharmaceutical Company for the company to join the national bill presentation and payment platform E-SADAD.The memorandum was signed in the presence of the Governor of the Monetary Authority, Yahya...
Ministry of National Economy and the European Union Discuss Development of Trade Crossing Infrastructure

Ministry of National Economy and the European Union Discuss Development of Trade Crossing...

Sada News - The Ministry of National Economy and the European Union confirmed today, Wednesday, the necessity of developing the infrastructure of trade crossings in line with the requirements for developing the Palestinian economy.This came during an expanded meeting chaired by Minister of National...
Europe Plans to Accelerate the Elimination of Tariffs on American Goods in Response to Trump's Request

Europe Plans to Accelerate the Elimination of Tariffs on American Goods in Response to Tru...

Sada News - The European Union is seeking to expedite the issuance of legislation by the end of this week that would remove all tariffs imposed on American industrial goods, in response to a request from U.S. President Donald Trump, before the United States reduces tariffs on European car exports.Th...
Vitol Prepares to Ship First Batch of Syrian Oil After Lifting Sanctions

Vitol Prepares to Ship First Batch of Syrian Oil After Lifting Sanctions

Sada News - The Vitol Group is preparing to transport the first shipment of Syrian crude oil since the lifting of Western sanctions on Damascus, as the country's energy sector attempts to recover after more than a decade of destruction caused by armed conflict.Vitol, the world's largest independent...
US Tariffs on India Come into Effect at 50%

US Tariffs on India Come into Effect at 50%

SadaNews - As of Wednesday, the United States has imposed crushing tariffs of 50% on certain Indian goods, the highest in Asia, as President Donald Trump moves forward with these tariffs to punish New Delhi for purchasing Russian oil. The new tariffs double the existing rate of 25% on Indian export...
After a Significant Decline Since Early August.. Oil Prices Stabilize

After a Significant Decline Since Early August.. Oil Prices Stabilize

SadaNews - Oil prices have stabilized after recording their largest decline since early August, as investors await the start of higher American tariffs on India due to its purchases of Russian crude. Brent crude traded near $67 per barrel after falling more than 2% in the previous session, while We...