Muscat: The US dollar today edged lower but retained most of its recent gains, buoyed by ongoing optimism over a potential tariff agreement between the United States and China. The Chinese yuan climbed to a six-month high, reaching 7.1855 against the …
Muscat: China’s auto output and sales reported double-digit increases in the first four months of the year (2025), indicating vibrant domestic consumption despite global uncertainties. Auto production stood at nearly 10.18 million units in the period,…
New York: The gold price was hovering today around a low of more than a week, which had been hit the previous session. A US-China agreement to temporarily halt tariffs reciprocally boosted risk appetite and diminished gold’s appeal as a safe haven.
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