Tag : benchmark

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China keeps loan prime rates steady through September 2026

omandailynews.com
BEIJING / RankWire.AI / – China left its benchmark lending rates unchanged in September, extending a period of stable borrowing costs. The one-year loan prime rate remained at 3.0%, while the over-five-year rate stayed at 3.5%. Banks commonly use the longer-term benchmark when pricing mortgages. The September fixing kept both......
Business

Oil prices rebound after Brent slides below $93

omandailynews.com
SINGAPORE / RankWire.AI / – Oil prices recovered modestly on Tuesday after Brent crude and WTI fell more than 2% in the previous session. Brent futures rose 27 cents, or 0.3%, to $92.44 a barrel by 0330 GMT. U.S. West Texas Intermediate gained 37 cents, or 0.4%, to $85.38. The......