BRUSSELS, June 20 (KUNA) -- The Council of Europeآ’s anti-money laundering and counter-terrorist financing body (MONEYVAL) warned that the recovery of proceeds from crime across states in Europe remains insufficient.

TOKYO, June 20 (KUNA) -- China's central bank cut its benchmark lending rate on Tuesday for the first time in 10 months.

KUWAIT: Zain Kuwait recently hosted an insightful talk with Gartner, the global research and consulting firm, to discuss the future of open banking and the role of technology and digital transformation applications in developing the banking sector.

KUWAIT: The Kuwait Foundation for the Advancement of Sciences (KFAS) honored Gulf Bank employees participating in the seventh edition of the Innovation Challenge Program (2022-2023).

HANOI: An intensely hot summer and unprecedented drought are straining energy supplies in northern Vietnam, prompting rolling blackouts and sudden power outages that have led to “uncountable” losses among local firms and foreign manufacturers.

LE BOURGET: European aircraft maker Airbus made a splash on the first day of the Paris Air Show with the announcement of the biggest-ever order for civil aircraft, as the French president joined a big crowd for the event’s return after a four-year COVID hiatus.

KUWAIT, June 19 (KUNA) -- Kuwait Fund for Arab Economic Development (KFAED) has provided humanitarian aid worth USD 85 million directed at refugees and displaced people, the fund's chief Waleed Al-Bahar said on Monday.

BEIRUT, June 19 (KUNA) -- Kuwait on Monday took over the UN Economic and Social Commission for Western Asia's (UNESCWA) committee on water resources, saying the initiative reflects the country's commitment towards regional development.

KUWAIT, June 19 (KUNA) -- The US dollar against the Kuwaiti dinar on Monday settled at KD 0.306 and the euro to KD 0.335 compared with Sunday's rates.