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Category: Business 9423

Hyundai Recalls 135,000 Santa Fe Vehicles Over Fire Risk
Business
  • 1 mins read

Hyundai Recalls 135,000 Santa Fe Vehicles Over Fire Risk

Hyundai is recalling about 135,000 Santa Fe SUVs due to a potential fire risk caused by a defect in the engine start unit cover installation in 2024 and 2025 non-hybrid models.

Dollar Maintains Weekly Gains as Euro Stabilizes and Yen Rises
Business
  • 1 mins read

Dollar Maintains Weekly Gains as Euro Stabilizes and Yen Rises

The US dollar remained stable against most major currencies on Thursday and is heading for its best weekly performance in a year, supported by limited moves in competing currencies and slight rises in the yen and euro.

Oil Prices Fall Despite OPEC+ Efforts to Support the Market
Business
  • 1 mins read

Oil Prices Fall Despite OPEC+ Efforts to Support the Market

Oil prices declined in early trading on October 9, 2025, driven by concerns over slowing global demand and weak economic data from major economies. Brent crude fell to $65.74 and West Texas Intermediate to $62.00 per barrel.

Why Is Silver Lagging Behind in Reaching New Record Levels? | Al Khaleej Newspaper
Business
  • 1 mins read

Why Is Silver Lagging Behind in Reaching New Record Levels? | Al Khaleej Newspaper

Silver prices fell to $48.5 per ounce after reaching their highest level since 2011 at $49.57, supported by rising gold prices and expectations of US interest rate cuts. Silver is forecasted to reach $55 per ounce in the coming months.

Japan's Nikkei Index Near Record Level Supported by "Artificial Intelligence"
Business
  • 1 mins read

Japan's Nikkei Index Near Record Level Supported by "Artificial Intelligence"

Japan's Nikkei index neared its all-time high, driven by a 13% surge in SoftBank Group's stock and a 10.5% rise in robotics manufacturer Yaskawa Electric's shares.

Gold Prices Decline After Unprecedented Rally
Business
  • 1 mins read

Gold Prices Decline After Unprecedented Rally

Gold prices declined on Thursday after reaching a new record above $4,000 per ounce, amid expectations of U.S. interest rate cuts and global political unrest that led investors to take profits and seek safe-haven assets.

Dollar Set to Record Best Weekly Performance in a Year
Business
  • 1 mins read

Dollar Set to Record Best Weekly Performance in a Year

The dollar is stabilizing and set to record its best weekly performance in nearly a year, boosted by yen weakness due to political changes in Japan and euro pressure amid France's political crisis.

Oil Prices Fall in Early Trading
Business
  • 1 mins read

Oil Prices Fall in Early Trading

Oil prices declined in early trading on Thursday, with Brent crude futures falling 51 cents to $65.74 per barrel and US West Texas Intermediate crude dropping 55 cents to $62.

Bitcoin Fluctuates Around $122,000 | Al Khaleej Newspaper
Business
  • 1 mins read

Bitcoin Fluctuates Around $122,000 | Al Khaleej Newspaper

Bitcoin price fluctuated around $122,169.80 on Thursday morning after falling from $124,000 to $121,000 within 24 hours, amid dollar stability and political unrest in Japan and France and a US government shutdown.

Algeria Aims to Cut Budget Deficit by 35% in 2026 | Al Khaleej Newspaper
Business
  • 1 mins read

Algeria Aims to Cut Budget Deficit by 35% in 2026 | Al Khaleej Newspaper

The Algerian government plans to reduce the budget deficit by 35.5% to $40 billion in 2026, while increasing total spending to over $135 billion to boost economic growth and diversify the economy away from hydrocarbons.

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