KUWAIT: Marking the unveiling of the second grand prize draw for Al-Jawhara and Al-Jawhara Junior Accounts for 2024, National Bank of Kuwait (NBK) hosted a unique event onboard a luxury yacht on Umm Al Maradim Island.

KUWAIT: In line with its commitment to fostering sustainability and preserving Kuwaiti heritage, Gulf Bank concluded its sponsorship of the 33rd Memorial Journey for Pearl Diving.

LONDON: Britain’s economy grew 0.6 percent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday.

LONDON: Big investors are bracing for this summer’s stock market rout to run into the autumn, fearing a broader wave of selling will follow the turmoil sparked by US recession concerns and the Bank of Japan wrong-footing currency speculators.

BEIJING: China’s new home prices fell at their fastest pace in nine years in July, as a slew of support policies failed to stabilize prices and restore confidence in the struggling property sector.

TOKYO: Japan’s economy has rebounded, government data showed Thursday, in welcome news for its next prime minister following Fumio Kishida’s decision to quit.

WASHINGTON: US industrial production fell sharply in July, the Federal Reserve said Thursday, pointing to a larger-than-expected impact from Hurricane Beryl.

BEIJING: Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.

BANGKOK: The political turmoil unleashed by the dismissal of Thai Prime Minister Srettha Thavisin is likely to deal another blow to the already struggling economy, where millions of people drowning in debt have been waiting for long-delayed cash handouts.