Market

European Stocks Close Lower Amid Tariff Concerns

Doha: European stocks closed lower on Tuesday following widespread selling as the specter of new tariffs continued to weigh on market sentiment. The pan-European Stoxx 600 index ended the session down 0.72%, with most sectors and all major regional ex…

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…