World Business NewsGulf stocks close lower as oil weakens, rate cut hopes fade
Saudi index falls for fourth straight session; Egypt hits all-time high
Nov 4, 2025
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World Business News
World Business NewsOil slips on oversupply concerns after OPEC+ output plans
Brent crude futures fall 15 cents, or 0.2%, to $64.74; US WTI crude drops 14 cents, or 0.2% to $60.91 a barrel
Nov 4, 2025
World Business NewsAsia stocks retreat from record highs on profit taking; US dollar gains
Tech drives initial rally, but stock traders cautious after weak US data
Nov 4, 2025
World Business NewsDollar at 3-month high as traders pare near-term rate cut wagers
Yen frail near 154/dollar, investors wary of intervention risks; Euro at three-month low, pound near five-month low
Nov 4, 2025
World Business NewsGold holds under $4,000 on dollar resilience, Fed rate-cut outlook
Spot gold down by 0.4% at $3,984.49 per ounce, US gold futures for December delivery loss 0.5% to $3,994.40 per ounce
Nov 4, 2025
World Business NewsTurkey’s inflation slows to 32.87% in October, falling below expectations
Lower-than-forecast CPI figures may support the central bank’s gradual rate-cutting approach as food and housing costs remain key drivers of price pressure.
Nov 3, 2025
World Business NewsGold steadies on stronger dollar as investors trim rate-cut bets
Spot gold remains flat at $4,000.65 per ounce; US gold futures for December delivery rise 0.4% to $4,010 per ounce
Nov 3, 2025
World Business NewsAsia's factories stumble as US tariffs hit order books
Asia’s manufacturing slows amid weak US demand, Trump’s tariffs; China’s PMIs signal loss of momentum as Trump-Xi tariff truce offers limited relief
Nov 3, 2025
World Business NewsTrump says China, other countries can't have Nvidia's top AI chips
US president seeks to restrict Nvidia’s advanced Blackwell chips to domestic firms; company plans supply to South Korea
Nov 3, 2025
HeadlinesPakistan eyes 2026 launch for first Chinese submarine in $5 billion arms deal
Islamabad ordered eight submarines in $5 billion Chinese deal, which will project power towards Middle East, says admiral
Nov 3, 2025
World Business NewsOil extends gains after OPEC+ pauses first-quarter output hikes
OPEC+ agrees to a small output increase in December; Brent rises 47 cents, or 0.73% to $65.24, WTI up 45 cents or 0.74% to $61.43 a barrel
Nov 3, 2025
World Business NewsOPEC+ pauses oil output hikes beyond December amid glut fears
Group agrees output hike of 137,000 bpd for Dec 2025; Oil glut predictions dominate outlook for 2026; New sanctions make it difficult for Russia to raise output
Nov 3, 2025