• New COVID variant spurs risk off mode and volatility in markets

    KUWAIT: The Federal Reserve released the minutes of their meeting from earlier this month expressing their concern about inflation. Fed officials said they would be willing to raise interest rates if inflation keeps on rising. 

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  • Shoppers return for ‘Black Friday’

    NEW YORK: Americans returned to stores for the “Black Friday” kickoff of the holiday shopping season, but online data shows that consumers have been spending big for weeks amid worries over shortages. The day after the US Thanksgiving celebration is the traditional start to the holiday shopping season, and normally sees Americans line up outside stores before they open to clinch deals on popular items.

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  • Laos hopes for economic boost from Chinese-built railway

    BANGKOK: A new $6 billion Chinese-built railway line opens in Laos this week, bringing hopes of an economic boost to the reclusive nation, but experts are questioning the benefits of a project that has seen thousands of farmers evicted from their land. 

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  • LuLu Hypermarket launches Super Friday promotion

    KUWAIT: LuLu Hypermarket, the retail leader in the region, launched its popular year-end Super Friday promotion that offers super deals on a host of super products across all categories. The promotion, which runs simultaneously at all outlets of the hypermarket, is also available online at  www.luluhypermarket.com.

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  • NCM Investment awarded ‘Most Trusted Forex Broker 2021’

    KUWAIT: With a new and impressive achievement amongst the investment companies, NCM Investment won a new award that is added to the company’s rich list of already existing ones over the past years, as it secured the title of the “Most Reliable Forex Broker of the Year 2021” from World Business Outlook.

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  • NCM Investment awarded ‘Most Trusted Forex Broker 2021’

    KUWAIT: With a new and impressive achievement amongst the investment companies, NCM Investment won a new award that is added to the company’s rich list of already existing ones over the past years, as it secured the title of the “Most Reliable Forex Broker of the Year 2021” from World Business Outlook.

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  • KPMG sets up China Business Desk in Kuwait to support Chinese investors

    KUWAIT: In the spirit of enabling Chinese investors to do ‘business better’ in Kuwait, KPMG in Kuwait announced the launch of the China Business Desk in a hybrid seminar. 

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  • On ‘Black Friday,’ many US consumers have already shopped

    WASHINGTON: “Black Friday” has kicked off in the United States with companies offering a new batch of “doorbuster” sales and promotions to early holiday shoppers, but online data show that consumers have been spending big for weeks. 

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  • Boursa Kuwait joins ‘Orange the World’ campaign to end violence against women

    KUWAIT: Boursa Kuwait lit up its office building in orange to mark the International Day for the Elimination of Violence Against Women designated by the United Nations, in collaboration with the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), General Secretariat of the Supreme Council for Planning and Development, the Women’s Research and Studies Center in the College of Social Sciences at Kuwait University, and Soroptimist Kuwait.

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