NEW YORK: The Dow hit a record high in Wall Street’s upbeat trading on Monday, on a greater chance of presidential candidate Donald Trump winning a second term after surviving an assassination attempt, while interest-rate cut hopes also aided sentiment.

KUWAIT, July 15 (KUNA) -- The Central Bank of Kuwait (CBK) announced on Monday the allocation of an issuance of bonds and tawarruq amounting to KD 240 million (about USD 792 million).

KUWAIT: Federal Reserve Chair Jerome Powell testified that inflation has significantly decreased from its peak two years ago, but more progress is needed before cutting interest rates.

KUWAIT: As part of its ongoing commitment to reward its customers, Gulf Bank has announced the 10 monthly winners of the AlDanah account draw for June 2024.

KUWAIT: As part of its ongoing efforts to provide the best services, and just in time for the summer travel season, Gulf Bank has partnered with Emirates Airline to enable its customers to pay for their flight tickets through Easy Pay on the airline’s website in 12 months installments, with 0 percent interest and no administrative fees.

MUMBAI: Lakshman Yeme saw firsthand what happens when foreign funds are cut off under laws the Indian government says are meant to crack down on corruption but that critics say hurt the poorest most. Yeme works as a doctor at a hospital in Anjanwel in the coastal region of Maharashtra, and for years, he toiled almost alone in a poorly equipped, nearly empty building.

NEW YORK: A famous aphorism holds that a “rising tide lifts all boats,” but small capitalization equities are still waiting for a boost from the 2024 bull market on Wall Street.

LONDON: Britain’s new government is preparing over 35 bills for the formal start of the parliamentary year on Wednesday and has put economic growth at the heart of its agenda, Prime Minister Keir Starmer’s office said.

BUENOS AIRES: Argentina’s central bank will start selling US dollars in the country’s parallel foreign exchange markets in an effort to combat inflation and freeze the country’s money supply, the government said on Saturday.