Category: Industry

China Imposes Trade Restrictions on 10 US Entities

Beijing: China announced Monday the inclusion of 10 US entities, including Aveox, Inc., to the export control list in accordance with the nation’s export control law and regulations on export control of dual-use items. The measure was taken to safegua…

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Dollar Holds Steady, Yen Declines Against Dollar

Doha: The dollar held steady Monday following the conclusion of the first round of talks between the United States and Iran. The British pound fell 0.21% to $1.32103, while the euro pared earlier losses to $1.14647. The risk-sensitive Australian dolla…

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China’s LPR Remain Unchanged

Beijing: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, stood at 3% on Monday, unchanged from the previous month.

According to Qatar News Agency, the over-five-year LPR, on which many lenders base their mortgage rates…

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