Day: February 20, 2025

China’s Loan Prime Rates Remain Unchanged

China: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent on Wednesday, the same as the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged f…

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Kuwait Crude Oil Gains USD 1.43 on Wednesday

Kuwait City: Kuwait crude oil leaped USD 1.43 during Wednesday’s trading to reach USD 79.78 per barrel compared with USD 78.35 pb the day before, Kuwait Petroleum Corporation (KPC) said Thursday.

According to Qatar News Agency, Brent futures edged 2…

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