Economy
Business
Rajesh
27/01/2022
349
Philippine economy rebounds in 2021 as COVID rules relaxed
MANILA: The Philippine economy rebounded stronger than expected in 2021 after a relaxation of COVID-19 rules fuelled consumer spending and…
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Business
kuwaittimes
14/12/2021
43
Omicron hangs over Bank of England’s rate decision
LONDON: The Bank of England will likely hold its interest rates at their current record lows tomorrow as it weighs…
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Business
kuwaittimes
12/12/2021
48
Afghans go back to making carpets as economy unravels
KABUL: Four Afghan brothers have hauled their family’s carpet loom out of storage in the desperate hope of earning a…
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Business
kuwaittimes
12/12/2021
33
Lindner, car lover at wheel of Europe’s top economy
BERLIN: Germany’s new finance minister Christian Lindner is known for a firm hand at the wheel of his pro-business Free…
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Business
kuwaittimes
07/12/2021
39
China has a key role to play in global economy: Georgieva
WASHINGTON/BEIJING: China has an important part to play in the global economy as it recovers from COVID-19, but its growth…
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Business
kuwaittimes
06/12/2021
68
Governments help arms firms avoid COVID slump: Report
STOCKHOLM: The world’s biggest weapons manufacturers largely avoided the economic downturn caused by COVID-19 and recorded a growth in profits…
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Business
kuwaittimes
05/12/2021
40
US closely monitoring China, Switzerland currency policies
WASHINGTON: The US Treasury said it will keep a close eye on China’s economic policies and actions to influence the…
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Business
kuwaittimes
28/11/2021
36
Laos hopes for economic boost from Chinese-built railway
BANGKOK: A new $6 billion Chinese-built railway line opens in Laos this week, bringing hopes of an economic boost to…
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Business
kuwaittimes
28/11/2021
55
New COVID variant spurs risk off mode and volatility in markets
KUWAIT: The Federal Reserve released the minutes of their meeting from earlier this month expressing their concern about inflation. Fed…
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Business
kuwaittimes
25/11/2021
37
Flash mob thefts terrorize US retailers
WASHINGTON: US retailers are adding security and locking up goods after flash mob heists involving dozens of thieves at once…
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Business
kuwaittimes
25/11/2021
34
Coronavirus gloom weighs on German shoppers: Survey
BERLIN: German shoppers are feeling downbeat as the December Christmas period beckons, a key survey said yesterday, with concerns about…
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Kuwait
kuwaittimes
23/11/2021
43
Kuwaiti activist talks diversifying economy at Doha conference
DOHA: The Arab Center for Research and Policy Studies organized a conference titled “Economic Diversification in the Gulf Countries: Opportunities…
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Business
kuwaittimes
18/11/2021
43
India’s biggest-ever IPO Paytm slumps by 27% on market debut
MUMBAI: Indian mobile payments giant Paytm lost more than a quarter of its value on its market debut yesterday after…
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Business
kuwaittimes
15/11/2021
27
China’s factory output, retail sales see surprise jump in Oct
BEIJING: China’s economy showed signs of stabilizing in October, according to data yesterday, with retail sales and factory output beating…
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Business
kuwaittimes
15/11/2021
51
Kuwait’s household credit picks up, but business credit growth muted
KUWAIT: Domestic credit growth picked up to 2.1 percent q/q in 3Q2021 with the y/y increase at 4 percent through…
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Top Stories
kuwaittimes
11/11/2021
43
Afghanistan ‘at brink of economic collapse’, warns Pakistan’s FM
ISLAMABAD: Afghanistan is “at the brink of economic collapse” and the international community must urgently resume funding and provide humanitarian…
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Business
kuwaittimes
11/11/2021
35
UK recovery slows sharply on global supply disruptions
LONDON: Britain’s economic recovery from pandemic fallout slowed sharply in the third quarter as global supply disruptions hurt businesses, official…
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Business
kuwaittimes
09/11/2021
31
Palestinian economy recovering at slow pace: World Bank
GAZA CITY: The Palestinian Territories’ economy is showing “signs of recovery” but still faces serious challenges including “very high unemployment…
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Business
kuwaittimes
28/10/2021
21
Extreme heat threatens US workers, economy
LAMONT, US: Irma Gomez has worked in California’s Central Valley, one of the world’s most productive agricultural regions, for nearly…
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Business
kuwaittimes
27/10/2021
24
UK eyes solid recovery despite strong inflation
LONDON: Britain’s pandemic-hit economy is set to extend its solid recovery into next year despite strong inflationary pressures, finance minister…
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Business
kuwaittimes
25/10/2021
21
Greenhouse gas levels reach new record high: UN
GENEVA: Greenhouse gas concentrations in the atmosphere reached record levels last year, the United Nations said yesterday in a stark…
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Business
kuwaittimes
23/10/2021
42
US budget gap falls in 2021 to $2.8tn as economy recovers
WASHINGTON: The US budget deficit narrowed slightly in the past year as the economy recovered from the COVID-19 pandemic, falling…
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Business
kuwaittimes
20/10/2021
38
Lebanon’s car culture questioned in crisis
BEIRUT: By challenging Lebanon’s national passion for automobile ownership, and driving growing numbers towards greener or more collective transport, the…
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Business
kuwaittimes
14/10/2021
42
Global shortages crimp growth in economic powerhouse Germany
FRANKFURT: Global shortages in industrial components and raw materials have cramped Germany’s export driven economy, prompting the country’s leading economic…
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Business
kuwaittimes
07/10/2021
51
World Bank sees ‘uneven and tenuous’ Middle East recovery
DUBAI: The Middle East and North Africa are experiencing a tenuous and uneven economic recovery in 2021 as they get…
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Business
kuwaittimes
06/10/2021
33
UK’s Johnson vows ‘overdue’ revamp of post-Brexit economy
LONDON: British Prime Minister Boris Johnson rallied his Conservative party faithful yesterday, vowing a far-reaching overhaul to wean the UK…
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Business
kuwaittimes
30/09/2021
33
Philippine economy to take 10 years to recover from virus
MANILA: The Philippine economy will take more than a decade to return to pre-pandemic growth, an official said yesterday, warning…
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Business
kuwaittimes
19/09/2021
31
Soaring rents spark housing seizure referendum in Berlin
BERLIN: In her apartment in suburban Berlin, Regina Lehmann despairs at the letter from her landlord, a big real estate…
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Business
kuwaittimes
19/09/2021
28
Fed expected to stay cautious amid mixed signals
WASHINGTON: With the United States on the upswing from the COVID-19 pandemic, the Federal Reserve is expected to weigh in…
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Business
kuwaittimes
15/09/2021
30
As pandemic roils economy, more US workers call it a day
WASHINGTON: Prior to the coronavirus pandemic, Antonio Fernandez, 64, had envisioned staying in his job at Chevron in Houston for…
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Business
kuwaittimes
15/09/2021
26
$12m seized from ex-officials as cash crunch hits Afghanistan
KABUL: Afghanistan’s central bank said yesterday that the Taleban had seized more than $12 million in cash and gold from…
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Business
kuwaittimes
15/09/2021
41
UK inflation strikes nine-year peak as economy reopens
LONDON: British annual inflation spiked in August to a nine-year peak on the reopening economy, but last year’s figure had…
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Business
kuwaittimes
14/09/2021
38
Philippines eases lockdown in Manila to spur economy
MANILA: The Philippines will ease coronavirus restrictions in the capital Manila despite record infection numbers, officials said yesterday, as it…
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Business
kuwaittimes
14/09/2021
28
Evergrande dream turns to nightmare for property buyers
BEIJING: Sleepless nights are now the routine for Ji Wenchen six months after she laid out $100,000 for a deposit…
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Business
Rajesh
11/09/2021
44
Kenya suffers huge job losses as COVID pummels economy
NAIROBI: Kenya’s economy shrank for the first time in three decades last year as the country was battered by the…
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Business
kuwaittimes
09/09/2021
41
Afghans fear for jobs and money
KABUL: As a nurse at one of Kabul’s main hospitals, Latifa Alizada was the breadwinner for her family, providing for…
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