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May 20, 2025

China Cuts Benchmark Lending Rate to Aid Local Economy

Kuwait City: China on Tuesday cut its benchmark lending rates by 10 basis points in a first-of-its-kind step this year, aiming at reducing corporate and family finance costs, boosting market confidence and backing real economic growth. The one-year lo…

Japan and Germany Leaders Commit to Strengthening Bilateral Ties

Tokyo: Japanese Prime Minister Shigeru Ishiba and Germany Chancellor Friedrich Merz have agreed to enhance cooperation between their nations and maintain close communication, as stated by Japan’s Foreign Ministry. The commitment was made during a 30-m…