US dollar gains amid safe haven demand; China data fuels fears
KUWAIT: The latest month–on-month retail sales reading came at 0.7 percent, significantly higher than the previous reading of 0.3 percent, and well above the forecasted 0.4 percent.
KUWAIT: The latest month–on-month retail sales reading came at 0.7 percent, significantly higher than the previous reading of 0.3 percent, and well above the forecasted 0.4 percent.
JOHANNESBURG: Leaders of the BRICS emerging economies, which account for about a quarter of the world’s wealth, meet in Johannesburg this week looking to widen the bloc’s influence and push for a shift in global geopolitics.
TUNIS: Tunisia will again supply flour to more than 1,000 non-subsidized bakeries in the North African country after most of them ceased operating, government and industry officials said on Sunday.
KUWAIT, Aug 20 (KUNA) -- Gold prices dipped at the end of last week's trading, to close at USD 1,889 per ounce, down by 1.5 percent, recording losses for the fourth week in a row, an economic report said Sunday.
KUWAIT, Aug 20 (KUNA) -- Kuwait-based Heavy Engineering Industries & Shipbuilding Company (HEISCO) said Sunday it has signed a contract worth KD 91.7 million (around USD 279.6 million) for a mechanical maintenance service at Mina Abdullah Refinery (MAB) project with a duration of 63 months.
BEIJING: Apple megafans flocked to Beijing’s swish flagship store on Friday as the tech giant kicked off its fourth decade in gadget-mad China — even as it looks to shift some production out of the country.
WASHINGTON: Mortgage rates in the United States have surged to the highest since 2002, said a home loan finance company Thursday, adding pressure to buyers who are already grappling with high costs and low inventory.
DUBAI: After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing “green” hydrogen as they try to transition their economies and ease the climate crisis at a stroke.
KUWAIT: Al-Ahli Bank of Kuwait (ABK) announced its readiness to initiate the subscription process to its capital increase by offering 500 million shares at a value of KD 100 million, following the approvals obtained from regulating authorities.
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