KUWAIT: Inflation in the United States, as measured by the Fed’s preferred gauge the Personal Consumption Expenditures (PCE) price index fell on an annual basis to 3.8 percent from 4.3 percent previously in April.

MIURA, Japan: It’s cheap, recycled, and has centuries of tradition: “shimogoe” or “fertilizer from a person’s bottom” is finding new favor in Japan as Ukraine’s war hikes the price of chemical alternatives.

RIYADH: The Saudi Public Investment Fund (PIF) ranked seventh globally and first in the Middle East among 100 sovereign wealth funds according to Global SWFs Governance, Sustainability and Resilience (GSR) rating.

FRANKFURT: Unemployment unexpectedly rose in Germany in June, official data showed Friday, in the latest sign of weakness in Europe’s biggest economy.

KUWAIT, July 1 (KUNA) -- Kuwait's Minister of Finance Manaf Al-Hajri said Saturday "the strategic alternative plan" for salaries was still under careful study.

TOKYO, June 28 (KUNA) -- Japanese Finance Minister Shunichi Suzuki warned on Wednesday that the government will act appropriately in the currency market, expressing concern over recent sharp foreign exchange movements.

MUNICH: Ex-Audi CEO Rupert Stadler received a suspended sentence and a fine Tuesday at the end of his “dieselgate” trial in Germany, making him the highest-ranking former executive to be convicted over the emissions cheating scandal that rocked the car industry in 2015. 

BRUSSELS: Britain and the European Union signed a long-awaited cooperation pact on financial services regulation on Tuesday in a new sign of improving post-Brexit relations between the two sides.

LONDON: Climate change campaigners targeted the UK headquarters of oil giant TotalEnergies with paint Tuesday, protesting the French firm’s alleged human rights violations in the construction of a contentious oil pipeline in Uganda.