JAKARTA: TikTok’s chief executive said Thursday the company would pour billions of dollars into Southeast Asia in the coming years, as a report showed its nascent venture into online shopping is paying off.

PARIS: The red eye that refuses to be extinguished, the metal body that cannot be crushed—for many of us the word “robot” conjures one image: the Terminator.

Baghdad: Kuwaiti Minister of Finance, Minister of State for Economic Affairs and Investment and Acting Minister of Oil Manaf Al-Hajeri said Friday that Kuwait is investing and working within its announced strategic plans to continue playing an enhanced role within the world as a secure source of energy and calls on the world to invest in all kinds of energy to ensure that the world’s growing needs are met.

TOKYO, June 15 (KUNA) -- The US dollar hit a seven-month high against the Japanese yen into the mid-JPY 141 range on Thursday in Tokyo on speculation of widening interest rate differentials between the US and Japan, said a media source.

LONDON, June 14 (KUNA) -- Chief Executive Officer of Boursa Kuwait Mohammad Saud Al-Osaimi said the Kuwaiti stock exchange will complete launching the central mediator system in early 2024 in collaboration with the Capital Markets Authority (CMA) and Kuwait Clearing Company (KCC).

By Nasser Almatrouk

(Hughes Hall College University of Cambridge)

For a lengthy period, the enduring viability of oil earnings in GCC economies has been a major worry, leading to several initiatives to diversify their economies through policies, plans, and reforms.

WASHINGTON: US Treasury Secretary Janet Yellen said Tuesday that international financial institutions like the IMF and World Bank “reflect American values” and serve as key counterweights to “unsustainable lending from others like China.

KUWAIT: As part of the bank’s successful digital transformation journey, and its keenness to develop and enhance the skills of its employees, Gulf Bank has concluded the second edition of its Data Ambassadors program – the first of its kind data and analytics program in Kuwait.

KUWAIT: The growth outlook for most advanced economies has improved in the last few months, with chances of recession narrowing, as consumer spending has exhibited strong resilience in spite of high-interest rates and elevated inflation.