Market

Chinese Big Lenders Lower Deposit Interest Rates

China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.

The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…

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Chinese Big Lenders Lower Deposit Interest Rates

China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.

The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…

Read More

Oil Prices Record Increase Upon Settlement

Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.

Brent crude futures rose by 70 cents, or 0.86

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