NEW YORK: Vietnamese electric vehicle (EV) maker VinFast made its debut on the Nasdaq Tuesday after being merged into a publicly traded investment vehicle.

BEIJING: China said on Wednesday its economic recovery “will be a bumpy and tortuous process”, but insisted Western critics “will for sure be proven wrong”. 

ZURICH: For the first time since 2008, global household wealth in US dollar terms decreased on aggregate as well as on a per adult basis, both in nominal and real terms. 

By Faten Omar

Discover elegance at Al-Mufaddal Al-Dahabi Al-Kuwait Jewelry Co, a prestigious gold shop in Kuwait that offers an exquisite collection that showcases contemporary meticulously handcrafted designs. 

LONDON, Aug 16 (KUNA) -- UK housing prices rose by 1.7 in the 12 months to June 2023, taking the average up to GBP 288,000 (approx. USD 376,500), official data showed on Wednesday.

CAIRO, Aug 16 (KUNA) -- Trade facilitation committee for the Greater Arab Free Trade Area held Wednesday its 14th meeting chaired by Kuwaiti Finance Ministry Acting Undersecretary Talal Al-Nemash.

KUWAIT, Aug 16 (KUNA) -- The exchange rate of the US dollar on Wednesday stood at KD 0.307 while the Euro dropped by 0.05 percent to KD 0.335, compared to yesterday's rates.

SHANGHAI: Chinese livestreamer Chen Ying has spent more than 100,000 yuan (around $14,000) on lottery scratch cards, which she systematically scrapes through on camera for her followers on social media platform Douyin. 

LONDON: UK unemployment increased in the three months to the end of June while wages grew at record annual pace, official data showed Tuesday, as the economy struggles with high inflation.