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  • 17, July 2024

    ADB upgrades growth forecast for developing Asia to 5 Pct

    TOKYO, July 17 (KUNA) -- The Asian Development Bank (ADB) on Wednesday slightly raised its economic forecast for developing Asia this year, as "rising regional exports complement resilient domestic demand." In its latest edition of Asian Development Outlook, the Manila-based lender revised up its April forecast for Asia's 46 developing economies in 2024 from 4.9 percent to 5.0 percent.

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  • 17, July 2024

    UK inflation steadies at two percent -- statistics office

    LONDON, July 17 (KUNA) -- Inflation in the consumer indices stood at two percent in June, the UK Office for National Statistics said in a report.

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  • 16, July 2024

    NBK reports net profits of KD 292.4m for H1 2024, reflecting 6.2% y-o-y growth

    KUWAIT: National Bank of Kuwait (NBK) has announced its financial results for the six-month period ended June 30, 2024.

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  • 16, July 2024

    Farms vs forests in Brazil’s Amazon as climate hurts crops

    RIO DE JANEIRO: As drought and floods wreak havoc across Brazil, farmers are feeling the effects of the climate emergency but despite poor harvests and rotting crops, they are fighting to protect their right to fell more trees and convert grasslands.

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  • 16, July 2024

    Japan finds ‘stealth’ cure for zombie firms: Let them fail

    RIO DE JANEIRO: As drought and floods wreak havoc across Brazil, farmers are feeling the effects of the climate emergency but despite poor harvests and rotting crops, they are fighting to protect their right to fell more trees and convert grasslands.

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  • 16, July 2024

    Kuwait Airways ranks third in ME, Africa with 91.1% for its on-time performance

    KUWAIT: Kuwait Airways has been ranked third in the Middle East and Africa region in terms of its on-time performance ensuring timely flight departures with a growth rate of 91.13 percent, according to the periodic report for the month of June 2024 issued by Cirium, which specializes in aviation analytics and data that includes the on-time performance of airlines around the world.

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  • 16, July 2024

    IMF maintains 2024 global growth forecast at 3.2%

    WASHINGTON: The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead.

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  • 16, July 2024

    US retail sales flat in June as consumption cools

    WASHINGTON: Retail sales in the United States slipped less than analysts anticipated in June on a weaker performance in the auto and gas segments, government data showed Tuesday.

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  • 16, July 2024

    China making youth unemployment a ‘top priority’

    SHANGHAI, China: At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out tarpaulins as rain and an apparent lack of interest kept potential young employees away.

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Recent News

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