UK’s debt soars to highest since 1963

LONDON: An employee wearing personal protective equipment (PPE) including a face mask and a visor staffs the...

US fails to stop Chinese giant in its tracks

SHENZHEN: An instructor leading newly-hired Huawei employees in a class at Huawei University in Dongguan in China's...

COVID-19 crushes Asia’s garment industry

BANGKOK: A laborer works at a garment factory in Bangkok. Hundreds of thousands of garment workers across...

Japan economy slides into recession

TOKYO: Pedestrians walk on a crossing in Tokyo yesterday. Japan dived into its first recession since 2015,...

Moody’s affirms Gulf Bank’s long-term ratings at ‘A3’ with ‘stable’ outlook

Dalal Al-Dousari KUWAIT: Moody’s Investors Service, the international credit rating agency, has affirmed the A3 long-term deposit ratings...

Output crash and demand revival offer hope to falling oil market

KUWAIT: Oil prices showed signs of recovery from a 22-year low level towards...

Detroit’s ‘Big 3’ begins to motor back up

DETROIT: In this file photo, workers leave FCA Chrysler Warren Truck Assembly after the Detroit three automakers agreed to UAW...

Lebanon says ready to end dollar peg

BEIRUT: Lebanon’s Finance Minister Ghazi Wazni speaks to AFP at his office at the ministry in the Lebanese capital Beirut on...

Awful data show US economy is in crisis

BOCA RATON, Florida: The Town Center at Boca Raton is seen nearly empty of shoppers after re-opening...

COVID-19 batters US labor market

OCEANSIDE, New York: Construction workers perform their jobs in front of Mount Sinai South Nassau Hospital in...

Al-Hamra Kuwait Lowest Bidder in Ministry of Public Works Tender to Resolve Water Gathering...

Al-Hamra Kuwait is pleased to announce that it is the lowest bidder for...

COVID-19 crisis fuels largest US price decline since 2008

WASHINGTON, DC: White House Economic Council Director Larry Kudlow talks to reporters wearing face masks outside the White House on...

E Paper

24th May