BEIJING: Accelerated cleanup of distressed developers and other policies will help smooth the path to a smaller, more sustainable role in China’s economy, said the International Monetary Fund.

BEIJING: A spokesperson for China’s political advisory body said Sunday the economy, especially youth employment, was of “great concern” to its delegates on the eve of annual legislative meetings in Beijing.

SYN-TASH, Kyrgyzstan: In the Tian-Shan mountains of Kyrgyzstan, villagers have made an artificial glacier to provide water for their drought-hit farms.

KUWAIT: National Bank of Kuwait (NBK) always seems to offer customers a top-notch banking experience integrating top-notch products and services and exclusive, unmatched benefits and rewards.

KUWAIT: A recent survey by the US Conference Board revealed a shift in American sentiment towards the economy with optimism declining after a period of improvement.

KUWAIT: As part of its ongoing commitment to reward its customers, Gulf Bank has announced the 10 monthly winners of the Al-Danah account draw for February 2024.

LONDON: British finance minister Jeremy Hunt on Sunday talked down the likelihood of tax cuts in this week’s budget, pledging “prudent and responsible” measures “for long term growth”.

RIYADH: Zain Group announced its operation in Saudi Arabia (Zain KSA) recorded all-time high financial results for the year 2023, reporting an annual revenue of SAR 9.9 billion, an impressive annual 9 percent growth.

NEW YORK: Wall Street stocks finished the week with a flourish Friday behind continued momentum for equities tied to artificial intelligence, especially Nvidia, which finished with a valuation above $2 trillion for the first time.