Housing rents in Portugal jumped nearly 11% to a record high in the last quarter of 2022, official data showed on Wednesday, adding to the soaring cost of living.
Most Gulf stock indexes rose in early trading on Tuesday, led by the gains in banking shares as worries of banking contagion eased and demand recovery in China improved investors' sentiment.
Most Gulf stock markets ended lower on Thursday, as oil prices declined after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for the world's largest economy.
China Evergrande Group's shares hit an all-time low on Wednesday after a missed debt payment deadline put the developer at risk of becoming China's biggest defaulter, although hopes of a managed debt restructuring calmed fears of a messy collapse.