Monday , December 17 2018

Business

Prices to face more downside pressure

The price of Brent crude fell to the lowest monthly average in a decade in January, at $30.8 per barrel. Brent price averaged $52 last …

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World needs to look beyond ultra-easy policy for growth

SHANGHAI, Feb 27, (RTRS): The world’s top economies declared on Saturday that they need to look beyond ultra-low interest rates and printing money to shake …

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Adoption of clean energy, a must for brighter future

IN recent years, supporters of clean energy have taken heart in the falling prices of Biofuels, solar and wind power, hoping that will drive an …

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China tries to reassure over slowing growth

SHANGHAI, Feb 27, (AFP): China’s normally reclusive central bank chief Zhou Xiaochuan is an unusually prominent presence at the G20 finance ministers meeting in Shanghai, …

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India’s government gears up for ‘make or break’ budget: analysts

NEW DELHI, Feb 27, (Agencies): India’s government is expected to deliver on promises to overhaul the tax regime and ramp up public spending in its …

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KSE rises despite low volume: KFH report – Market cap up by 1.9 pct to KD 25.54 billion

KUWAIT CITY, Feb 26, (KUNA): The three main indexes of Kuwait Stock Exchange (KSE) have closed at end of current week with an increase on …

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US dollar liquidity tightens in Gulf – Impact of S&P downgrades

DUBAI, Feb 26, (RTRS): US dollars are becoming more difficult and expensive to obtain in Gulf money markets since Standard & Poor’s sharply downgraded the …

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Kuwait oil up to $26.96 pb

Bahrain seeks to raise tourism revenues to 3.2 pct of GDP by ‘18 The price of Kuwaiti oil went up Thursday by $1. 01 to …

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Global stocks boosted by crude oil, US fourth quarter GDP data – Dollar gains against major currencies; gold falls

NEW YORK, Feb 26, (Agencies): Global equity markets gained on Friday, backed by higher prices for oil and other commodities, while data showed the US …

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Oil slumps as Saudi rules out output cut – US stocks up

LONDON, Feb 24, (RTRS): Oil fell below $33 per barrel on Wednesday after Saudi Arabia ruled out production cuts and an industry report said US …

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