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Day: September 4, 2025

Business

Growing Expectations of US Interest Rate Cut Cause the Dollar to Decline

September 4, 2025Web DeskComments Off on Growing Expectations of US Interest Rate Cut Cause the Dollar to Decline

New york: The dollar declined on Thursday in a volatile week amid bond market tensions and data showing a weak US labor market, reinforcing expectations of an interest rate cut this month. With the Federal Reserve focusing on the labor market, Friday’…

Business

German, Chinese Companies to Open Car Production Lines in Iraq

September 4, 2025Web DeskComments Off on German, Chinese Companies to Open Car Production Lines in Iraq

Baghdad: The Iraqi Ministry of Trade confirmed agreements with companies from Germany, China, and Brazil to open car production lines in Iraq. The ministry noted that the cars produced will run on natural gas and will be available on installments.

A…

Business

China’s Software and IT Service Industry Sees Steady Growth from January to July

September 4, 2025Web DeskComments Off on China’s Software and IT Service Industry Sees Steady Growth from January to July

Beijing: China’s software and information technology service industry maintained steady growth during the first seven months of 2025. Official data released by the Ministry of Industry and Information Technology on Thursday showed that the industry’s …

Business

Iranian Economy Minister: Valuable Agreements Signed at Shanghai Summit

September 4, 2025Web DeskComments Off on Iranian Economy Minister: Valuable Agreements Signed at Shanghai Summit

Sana’a: Upon his return from China with President Masoud Pezeshkian, Iranian Economy and Finance Minister Ali Madanizadeh announced that valuable agreements in various economic sectors were signed during the Iranian president’s visit to China, and tha…

Business

Iranian Economy Minister: Valuable Agreements Signed at Shanghai Summit

September 4, 2025Web DeskComments Off on Iranian Economy Minister: Valuable Agreements Signed at Shanghai Summit

Sana’a: Upon his return from China with President Masoud Pezeshkian, Iranian Economy and Finance Minister Ali Madanizadeh announced that valuable agreements in various economic sectors were signed during the Iranian president’s visit to China, and tha…

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