TOKYO: Japan’s government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology.

KUWAIT: Federal Reserve Governor Christopher Waller lamented the recent surge in treasury yields, describing it as an “earthquake.”

ISTANBUL, Nov 12 (KUNA) -- The Secretary-General of the Gulf Cooperation Council Jasem Al-Budaiwi stressed on Sunday that the economy and investment strengthens the relationship between the GCC and Turkiye.

KUWAIT, Nov 12 (KUNA) -- The second edition of the MoneyTech summit kicked off Sunday in Kuwait, organized by Al-Jarida newspaper, with the participation of over 300 professionals in the business, trade and financial technology sectors, and a huge group of owners of large and emerging companies to learn about the latest developments in technology.

KUWAIT, Nov 12 (KUNA) -- Burgan Bank agreed to sell 52 percent stake in Burgan Bank - Turkey (BBT) to Rawabi Holding company, owned by Kuwait Projects Company (Holding) KIPCO.

KUWAIT, Nov 12 (KUNA) -- Chairwoman of Council of Arab Businesswomen (CABW) and Ambassador of the Arab Region for the International Federation of Businesswomen Sheikha Hessa Saad Al-Abdullah Al-Sabah confirmed efforts to empower women economically, improve their opportunities to participate in the labor market, and spread the culture of entrepreneurship among women.

BEIJING: China’s annual “Singles Day” sales bonanza wraps up at midnight on Saturday, but consumers this year appear largely unswayed by its flashy deals and discounts as the world’s second-largest economy slows.

KUWAIT: Al-Ahli Bank of Kuwait - Egypt (ABK-Egypt), one of the fastest-growing banks in the Egyptian market, announced strong financial results for the nine-month period of 2023.

KUWAIT: Gulf Bank is excited to announce a special promotion tailored for female Mastercard Rose Gold credit cardholders.