April 29, 2025

China Issues Local Gov’t Bonds Worth 1.24 Trillion Yuan in Q1

Doha: China’s local governments issued new bonds worth nearly 1.24 trillion yuan (about 172 billion US dollars) in the first quarter of this year, data from the Chinese Ministry of Finance showed.

According to Qatar News Agency, of the total, specia…

Porsche Lowers Forecasts Due to US Tariffs

Stuttgart: German sports car manufacturer Porsche, part of the Volkswagen Group, has lowered its forecasts due to challenges in China, US import tariffs, and weak demand for electric vehicles.

According to Qatar News Agency, the management now expec…