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Day: May 7, 2025

Kuwait Bourse Closes Higher with Mixed Index Performances

Kuwait city: Kuwait Bourse closed trading on Tuesday as the All Share Index gained 32.77 points to reach 8,583.51 points, an increase of 0.38 percent. As many as 339.8 million shares valued at KWD 83.3 million (roughly USD 254 million) were traded via…

China to Reduce Reserve Requirement Ratio by 0.5%

Beijing: China’s central bank announced Wednesday that it will cut the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions starting May 15.

According to Qatar News Agency, financial institutions that have already impl…

China Announces 0.1% Reduction in Policy Rate to Boost Economy

Doha: China’s central bank announced on Wednesday its decision to reduce the rate for seven-day reverse repos by 0.1 percentage points, effective from Thursday. This adjustment sets the rate at 1.4 percent as part of efforts to implement a moderately …

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