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- SICO, SINNAD join FinTech Forward 2025 as gold sponsors
- Bahrain All Share Index closes higher
- OQ Basic Industries to distribute dividends worth OMR17.2mn
- Oman's Islamic banking assets surge to OMR9.1bn
- NBK named 'Leading Corporate for Investor Relations in Kuwait'
- Promising investment opportunities in Oman to be highlighted at business dialogue in Indonesia
- Al Maha Petroleum launches its new premium PowerPlus 98 fuel in Oman
- Oman's trade surplus narrows to RO3.55bn in July
- Saudi German Health boosts relationship with Mayo Clinic
- Al Meera, Kafy in deal to revolutionise food procurement, logistics
06/10/2025 04:12 AST
Bitcoin, the world's largest cryptocurrency by market value, hit a record high on Sunday and was up nearly 2.7% at $125,245.57 at 0512 GMT.
Bitcoin's previous record was $124,480 in mid-August, buoyed by friendlier regulations from US President Donald Trump's administration and strong demand from institutional investors, Reuters reported.
The cryptocurrency had risen on Friday for an eighth straight session, bolstered by recent gains in US equities and inflows into bitcoin exchange-traded funds.
In contrast, the US dollar retreated on Friday, posting multi-week losses against major currencies, as uncertainty surrounding a US government shutdown clouded the outlook and delayed key data releases, such as payrolls, critical for gauging the economy's direction.
Asharq Al Awsat
| 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 |
06/10/2025
The Trump administration will start mass layoffs of federal workers if President Donald Trump decides negotiations with congressional Democrats to end a partial government shutdown are "absolutely go
Asharq Al Awsat
03/10/2025
Asian stocks rose at the open, poised for their fourth gain in five weeks, as optimism around artificial intelligence propelled global equities to fresh records.
Stocks in Japan gained 1% wi
Bloomberg
02/10/2025
The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care
Kuwait Times
02/10/2025
Day one of the Global Cybersecurity Forum Annual Meeting concluded here with calls for governments and the private sector to secure critical infrastructure and build international agreements against
Arab Times
01/10/2025
The world's largest economy is on the verge of switching the lights off-at least partially. If US lawmakers fail to strike a funding deal, large parts of the federal government will close.
H
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