China's Central Bank cut interest rate to boost economy
The five-year loan prime rate was lowered to 4.45% from 4.6%, the People's Bank of China said in a statement on Friday.
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It has been the second reduction this year as China seeks to revive the country's ailing housing sector to prop up the economy.
The PBOC decided to keep the one-year LPR unchanged at 3.7%, according to the statement. (ILKHA)
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Turkish President Recep Tayyip Erdoğan met NATO Secretary-General Mark Rutte in Ankara on Monday to address pressing security issues affecting the alliance.
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The Islamic Resistance in Iraq announced on Monday that it has conducted new drone operations targeting Israeli positions deep inside the occupied Palestinian territories.
