Market

China’s LPR Remain Unchanged

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

According to Qatar News Agency, the LPR for loans over five years, which many lenders use to determin…

Oil Prices Gain on Upbeat China Data

Doha: Oil prices rose during Tuesday’s trading, supported by Chinese economic data that boosted expectations of improved demand. Brent crude futures climbed 19 cents, or 0.3 percent, to $64.13 a barrel, while US West Texas Intermediate (WTI) crude fut…

Gold, Silver Continue to Hit Record Highs

Doha: Gold prices jumped to a new record high Monday, as escalating geopolitical tensions boosted demand for safe-haven assets, while silver and platinum also climbed to their highest levels ever. Spot gold rose 2.3 percent to $5,096.60 an ounce, afte…