Business

China’s Loan Prime Rates Remain Unchanged

Manama: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, stood at 3 percent on Sunday, unchanged from the previous month. The stability in the rate comes as the country seeks to maintain economic steadiness amid global fi…

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Bahrain Stock Market Indices See Gains

Manama: Bahrain All Share Index and Bahrain Islamic Index both closed higher in the latest trading session. Bahrain All Share Index recorded a closing of 1,929.76 points, reflecting a rise of 0.40 points from its previous closing. This increase was pr…

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Gold Prices Decline as Spot Gold Falls by 0.5%

Manama: Gold prices eased on Monday with spot gold down 0.5% at $4,327.09 per ounce by 0528 GMT, following a third consecutive weekly decline on Friday. U.S. gold futures also saw a reduction, dropping 0.9% to $4,367.50.

According to Bahrain News Ag…

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