International

International

Saudi Arabia condemns Houthi targeting of civilians, economic assets in Abha, Khamis Mushait, Jazan, Najran

Saudi Arabia condemns Houthi targeting of civilians, economic assets in Abha, Khamis Mushait, Jazan, Najran
Saudi Arabia has expressed its strongest condemnation and denunciation of the terrorist Houthi militia's targeting of civilian and economic assets in Abha, Khamis Mushait, Jazan and Najran, which resulted in injuries to 73 civilians, including women and children.The Kingdom also condemned the militia'...

China's foreign exchange reserves reach US$3.44 trillion

China's foreign exchange reserves reach US$3.44 trillion
China's foreign exchange reserves totalled US$3.4383 trillion at the end of August 2026, up US$19.5 billion, or 0.57 percent, from the end of July, official data showed.The combined effects of currency translation and asset price changes led to the increase in China's foreign exchange reserves in August,...

Gold gains as dollar eases

Gold gains as dollar eases
Gold prices climbed on Tuesday as the US dollar slipped, with focus on upcoming inflation ‌data that could shape expectations for the Federal Reserve's next policy move.Spot gold was up 0.6 percent at $4,429.89 per ounce, as of 02:08 GMT.US gold futures for December delivery were little changed at $4,47...

Oil prices continue to rise, with Brent reaching $97.34 per barrel

Oil prices continue to rise, with Brent reaching $97.34 per barrel
SINGAPORE, 8th September, 2026 (WAM) -- Brent crude futures reached $97.34 per barrel, driven by escalating supply worries.Brent Crude rose 0.35% to reach $97.34 per barrel, hitting its highest level since late July, while US West Texas Intermediate rose 1.26% to $92.63 per barrel.

Panama Canal considering more cuts in transits due to El Nino

Panama Canal considering more cuts in transits due to El Nino
The number of ships sailing through the Panama Canal could be cut further due to drought caused by the El Nino weather pattern, the new administrator of the waterway told AFP on Monday.Panama has declared a nationwide emergency over El Nino, a phenomenon developing over the Pacific Ocean that is affecting...