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  • 19, December 2023

    Second-hand clothing pop-up stores finally take off in Japan

    TOKYO: A second-hand pop-up store in Tokyo by casual clothing giant Uniqlo was a first for the Japanese firm, but also a sign that a local aversion to used garments may finally be fading.

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  • 19, December 2023

    Japan's central bank keeps ultra-low rates policy

    TOKYO, Dec 19 (KUNA) -- Japan's central bank decided on Tuesday to maintain its ultra-low interest rates policy.

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  • 18, December 2023

    Equity markets drop as Fed rate cut rally fades

    LONDON: Major stock markets mostly fell Monday following last week’s rally, with Federal Reserve officials looking to temper expectations the US central bank will cut interest rates several times next year.

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  • 18, December 2023

    Japan’s Nippon Steel to buy US Steel for $14.1bn

    TOKYO: Japan’s Nippon Steel has agreed to buy US Steel Corp for $14.1 billion, the companies announced on Monday, months after the steelmaker rejected an offer from its main US rival.

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  • 18, December 2023

    Renewables to exceed half of German electricity use in 2023

    BERLIN: More than half the electricity consumed in Germany in 2023 will have been generated from renewables for the first time, the German Association of Energy and Water Industries (BDEW) said on Monday.

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  • 18, December 2023

    German govt faces backlash over plan to end e-vehicle subsidies

    BERLIN: The German government faced a backlash after abruptly ending an electric car subsidy scheme in a blow to the already struggling automotive industry.

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  • 18, December 2023

    Oman, India make progress in talks on comprehensive economic deal

    NEW DELHI: Oman and India have made significant progress in discussions over a Comprehensive Economic Partnership Agreement (CEPA), bilateral investments, and potential bilateral rupee trade on Saturday during the state visit of Oman’s ruler, Sultan Haitham bin Tarik.

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  • 18, December 2023

    EU launches illegal content probe into X

    BRUSSELS: The EU announced “formal infringement proceedings” against Elon Musk’s X platform on Monday, under a law cracking down on illegal online content, after identifying disinformation related to Hamas’s Oct 7 attack in Zionist entity.

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  • 18, December 2023

    Kuwait’s non-oil growth remains above 3%: IMF

    KUWAIT: The Gulf Cooperation Countries are experiencing healthy non-oil growth, said a report titled “Economic Prospects and Policy Priorities” issued by the International Monetary Fund (IMF).

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