KUWAIT: Al-Ahli Bank of Kuwait (ABK) Group is pleased to announce the upgrade of its shares from the Main Market to the Premier Market of Boursa Kuwait, effective today.

BEIJING: Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, piling pressure on the government for more aggressive moves to revive the country’s battered economy.

WASHINGTON, Feb 9 (KUNA) -- The S&P 500 US stock market index closed above the 5,000 level on Friday for the first time ever.

KUWAIT: 2023 marked another year of excellence for National Bank of Kuwait (NBK), by achieving strong growth and receiving prestigious awards, fostering its leading position in regional and international markets.

COLOMBO: The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of “debt distress,” the IMF warned Wednesday.

WASHINGTON: US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates — but added that the overall situation should be “manageable."

CAPE TOWN: Two firms, Singapore-based Trafigura and Canada’s Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.

WASHINGTON: Key economic officials from the United States and China concluded a two-day meeting on Tuesday in Beijing, exchanging views on their domestic outlooks and speaking about worries such as overcapacity.

PARIS: French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions as it continues to invest heavily in fossil fuel production.