BEIJING: Chinese regulators will ban the chairman of property giant Evergrande from the securities market for life on grounds of financial fraud, a subsidiary of the company said Monday.

KUWAIT: National Bank of Kuwait (NBK) has received a score of “C” for the second consecutive year in the categories of Climate Change and Forests 2023, as announced by CDP (formerly known as the Carbon Disclosure Project), a globally recognized non-profit organization overseeing the leading environmental disclosure platform.

TOKYO: Japan’s central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus program, hiking rates for the first time since the global financial crisis.

SAN JOSE, US: Nvidia on Monday unveiled its latest family of chips for powering artificial intelligence, as it seeks to consolidate its position as the major supplier to the AI frenzy.

KUWAIT: Burgan Bank, represented by Fadel Abdullah, Chief Executive Officer – Kuwait, recently took part in the Kuwait Women’s Economic Empowerment Platform’s (KWEEP) event, which was held at the Sheikh Jaber Al-Ahmad Cultural Centre (JACC).

SAN JOSE: Nvidia on Monday announced a major expansion of its collaboration with world-leading BYD and other Chinese electric car makers, including on the development of autonomous AI-boosted vehicles.

LONDON: The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years owing to elevated inflation.

TOKYO, March 19 (KUNA) -- Japan's central bank raised interest rates on Tuesday for the first time in 17 years, scrapping the negative interest rate policy as its 2 percent inflation goal is "in sight.

BEIJING: The performance of China’s economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.