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Wednesday , July 24 2019

Business

AUB implements new electronic cheque clearing system – Move in line with Central Bank of Kuwait’s latest regulations

KUWAIT CITY, June 14: Ahli United Bank (AUB) announced today that it will soon stop receiving and processing cheques in Kuwaiti Dinars that are not …

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India’s Mallya says being deemed ‘guilty without trial’ – ‘Heavily biased’ investigation

NEW DELHI, June 14, (AFP): Indebted tycoon Vijay Mallya accused Indian government agencies of deeming him “guilty without trial” and lambasted the country’s financial crime …

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Kuwait bourse treads water; volume recedes – KFH slips 5 fils; Jazeera Airways flat

KUWAIT CITY, June 14: Kuwait stocks trod water on Tuesday as sentiment turned brittle amid slight retreat in oil prices. The price index inched 0.17 …

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Burgan Bank says adopts new KECCS

KUWAIT CITY, June 13: Burgan Bank would like to draw the attention of its client that in the near future the bank will no longer …

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Microsoft to buy networking site LinkedIn for $26 bln – Move to help refocus US tech giant around cloud computing and services

WASHINGTON, June 13, (AFP): Microsoft said Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that would help …

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Fitch cuts its outlook for Japan – Agency cites Tokyo’s decision to delay sales tax hike

TOKYO, June 13, (AFP): Fitch on Monday cut its outlook for Japan, citing Tokyo’s decision to postpone a sales tax hike seen as critical to …

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Kuwait index ‘retreats’ 10.08 pts; volume soars – NBK drops 10 fils; Americana gains

KUWAIT CITY, June 13: Kuwait stocks retreated on Monday snapping the five-day advance. The price index slipped 10.08 points in a tame session to 5,412.31 …

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India inflation increases in May on higher food prices

NEW DELHI, June 13, (AFP): India’s consumer prices rose faster than expected in May due to higher food prices, official figures showed Monday, which will …

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Kuwait orders Dow probe

KUWAIT CITY, June 12, (AFP): Kuwait has asked the public prosecutor to open an investigation into a scrapped deal with US firm Dow Chemical that …

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Kuwait stocks climb 11.79 pts; volume up – NBK gains 10 fils; Americana dips

KUWAIT CITY, June 12: Kuwait stocks headed north on Sunday after posting modest gains in the previous week. The price index climbed 11.79 points in …

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