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  • 02, May 2023

    Japan, S. Korea to resume finance dialogue

    TOKYO, May 2 (KUNA) -- Japanese Finance Minister Shunichi Suzuki and his South Korean counterpart Choo Kyung-ho agreed Tuesday to resume dialogue between finance authorities of the two countries, Kyodo News Agency reported.

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  • 01, May 2023

    Morgan acquires most assets of First Republic

    WASHINGTON, May 1 (KUNA) -- JP Morgan Chase bank has acquired most stakes of the failing First Republic Bank that became the latest of the banks that failed to secure assets of the depositors.

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  • 01, May 2023

    CBK allocates issuance of bonds and securitization at KD 200 mln

    KUWAIT, May 1 (KUNA) -- The Central Bank of Kuwait announced on Monday the allocation of issuance of bonds and tawarruq valued at 200 million Kuwaiti dinars (about USD 660 million).

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  • 01, May 2023

    Tokyo stocks hit 8.5-month high on weak yen, upbeat earnings

    TOKYO, May 1 (KUNA) -- Tokyo stocks extended their winning streak for a third straight session on Monday, with a key index ending an eight-and-a-half month high, buoyed by the weaker yen and upbeat corporate earnings results.

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  • 30, April 2023

    CBK: 1,051 Kuwaitis graduated from "Kafaa" training programs

    KUWAIT, April 30 (KUNA) -- The Central Bank of Kuwait said on Sunday that 1,051 citizens graduated from "Kafaa initiative programs," launched by the central bank 15 years ago.

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  • 30, April 2023

    Kuwaiti economists: Operational stocks are investors' focus in shares trading

    KUWAIT, April 30 (KUNA) -- Kuwaiti economists unanimously agreed that the shares of the operating companies' sectors (banking, telecommunications and logistics) listed on the Kuwait Stock Exchange (KSE) are still the focus of attention of Kuwaiti and foreign investors, whether they are individuals, funds or institutions, out of the 13 market sectors.

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  • 30, April 2023

    Kuwait affirms keenness to support Arab financial institutions

    RABAT, April 30 (KUNA) -- Undersecretary of Kuwait's Ministry of Finance Aseel Al-Munifi affirmed late Saturday Kuwait's keenness to support the work of the Arab financial institutions to enhance the economic cooperation and integration.

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  • 30, April 2023

    US regulators seize California’s First Republic Bank

    San Francisco: US financial authorities have taken possession of California’s troubled First Republic Bank, which will be acquired by JPMorgan Chase, government regulators announced Monday in the latest banking failure.

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  • 29, April 2023

    Sudanese struggle to survive as cash sources dry up amid war

    CAIRO:  In Sudan’s battle-hit capital, residents desperately count their last banknotes as nearly two weeks of fighting has frozen cash sources and pushed an already faltering financial system to the brink.

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