By Majd Othman

KUWAIT: Bright World Labs (BWL), in cooperation with Union of Investment Companies (UIC), held a workshop for UIC group team members on Thursday titled “AI for Investments”, in the presence of UIC Secretary General Fadwa Darweesh and BWL President Dr Scott Pezanowski.

BEIJING: China’s central bank cut a key interest rate and pumped billions into financial markets Thursday, as fresh data showed the world’s second-largest economy was flagging.

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.