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  • 01, June 2024

    Chinese shopping app Temu faces stricter EU safety rules

    BRUSSELS: Chinese shopping app Temu will have to comply with stringent new safety rules after Brussels on Friday added the company to its list of digital firms big enough to face curbs.

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  • 01, June 2024

    NBK pioneers sustainable finance with $500m debut green bonds

    KUWAIT: National Bank of Kuwait (NBK) has successfully priced its first $500 million green bonds under its Global Medium Term Note program. The Green notes have a 6-year maturity and first call date after 5-years.

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  • 01, June 2024

    Spain fines Ryanair, Easyjet over hand luggage fees

    MADRID: Spain has fined four budget airlines including Ryanair and Easyjet over 150 million euros for charging passengers for hand luggage and other practices deemed abusive, consumer groups said Friday.

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  • 01, June 2024

    S&P downgrades French credit rating in blow to Macron

    PARIS: Ratings agency Standard & Poor’s downgraded France’s credit score on Friday citing a deterioration in the country’s budgetary position, a blow to Emmanuel Macron’s government days before EU parliamentary elections.

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  • 01, June 2024

    Chinese property giant Evergrande fined $576 million

    BEIJING: China’s deeply indebted property giant Evergrande has been fined $576 million for fraudulent business practices, Beijing’s top financial regulator said.

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  • 01, June 2024

    Pakistan farmers pin poor mango crop on climate change

    TANDO ALLAHYAR: Pakistan’s mangoes are normally a source of national pride and much-needed income, but farmers are blaming climate change for the parasites and extreme weather ruining much of this season’s crop.

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  • 30, May 2024

    Markets extend losses with Wall St as rate hopes dim

    HONG KONG, China: Asian markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts.

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  • 30, May 2024

    India’s onion farmers cry foul at government’s price recipe

    NASHIK, India: Almost every Indian meal requires an onion - one of the cooking essentials along with sugar and lentils that sweet-talking politicians use to curry favor with their voters by lowering costs.

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  • 30, May 2024

    British business lobby calls for improved EU links

    LONDON: Britain’s business community called Thursday for whatever government emerges from the looming UK general election to improve relations with the European Union and lighten post-Brexit trade burdens.

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Recent News

  • Market Announcements
  • Market News
    • NBK named ‘Best Foreign Exchange Provider for 2025’
      07, December 2024
    • NIC honors graduates of ‘Shift’
      07, December 2024
    • Pensioners the big losers in Milei’s world
      07, December 2024
    • US Fed would lose independence under Trump: Powell
      05, December 2024
    • Bitcoin breaks $100,000; stocks diverge on France, S Korea crises
      05, December 2024
    • Von der Leyen heads to EU-Mercosur summit for trade deal
      05, December 2024

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