Business
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Gold slips as Trump eases tensions over Fed, China trade talks
Gold prices fell on Wednesday after U.S. President Donald Trump stepped back from threats to fire Federal Reserve Chairman Jerome…
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Gold surges to historic highs for first time, $3,500 per ounce
Spot gold climbed to historic highs on Tuesday – a record $3,500 per ounce, while U.S. futures gained 1.7% amid…
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Foreign liabilities dip as Kuwaiti banks see growth in foreign assets
By the end of February, the Kuwaiti banking sector’s total foreign assets grew to KD 28.24 billion, marking a 1.2%…
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Boursa Kuwait hosts first of its kind virtual roadshow event for Asian investors
Kuwait Stock Exchange and the Kuwait Clearing Company hosted a virtual roadshow for the Asian investment community on Monday, in…
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Surge seen in retirement applications across ministries amid fears of benefit cuts
The retirement applications in several ministries have surged by nearly 25% compared to previous months, particularly after the Eid Al-Fitr…
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Kuwait launches new projects following early budget approval
Around 39 government institutions are involved in executing the 2024-2025 development plan, with infrastructure projects leading the list — 36…
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US imposition of tariffs on oil prices can hit Kuwait’s GDP by 4.6 percent
Global credit rating agency Fitch Ratings has stated that the Trump administration’s imposition of tariffs will have no direct effect…
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Kuwait Stock Exchange companies report 9.8 percent profit growth in 2024
A report released today by the Al-Shall Consulting revealed 137 companies, or approximately 96.5% of the 142 companies listed on…
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China calls Trump’s new tariff threat ‘a mistake upon a mistake’ and looks for opportunity in global trade war
While many nations are scrambling to strike tariff deals with Trump, China is standing up to him, hoping to turn…
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U.S. officials stand firm on tariffs amid global trade talks
U.S. Commerce Secretary Howard Lutnick affirmed that there would be no immediate relief from the tariffs recently imposed by the…
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