China's New Yuan Loans in May Beat Forecasts
Bank of China
Beijing - QNA
China's new yuan-denominated lending in May stood at 985.5 billion yuan (about 149 billion US dollars), up 84.7 billion yuan from a year earlier, exceeding analysts' expectations and well above the previous month's levels.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 11.8% year on year to 146.17 trillion yuan by the end of May, the People's Bank of China said in a statement on its website, carried by Xinhua news agency.
The narrow measure of money supply (M1), which covers cash in circulation plus demand deposits, rose 23.7% year on year to 42.43 trillion yuan, the statement said.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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