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The economy of Kuwait is a wealthy petroleum-based economy. [15] Kuwait is one of the richest countries in the world. [16] [17] [18] The Kuwaiti dinar is the highest-valued unit of currency in the world. [citation needed] According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. [19]
U.S. futures and oil prices fell. Japan's core inflation rate, which excludes fresh food prices, rose 2.7% year-on-year, surpassing expectations. The data followed the Bank of Japan's decision on ...
On April 24, 2016, the Kuwait Stock Exchange became fully operated by a private company and its name changed to Boursa Kuwait, making it the only stock exchange in the Middle East owned by the private sector. [4] [5] [6] On September 14, 2020, the Boursa Kuwait Securities Co. was listed on Boursa Kuwait, [7] becoming a self-listed exchange. [8]
Brent crude, the international benchmark, was lower by 0.46% to $74.15 a barrel. Gold was slightly higher by 0.12% to $2,679.10 an ounce. The 10-year Treasury yield dropped 1 basis point to 4.382%.
Stocks fell for a second day this week as investors brace for Wednesday's CPI report. An inflation surprise could sway the Fed's interest rate decision next week. Google rose as much as 6% after ...
The Al-Manakh market was housed in an air-conditioned parking garage in the historic area of Jibla, Kuwait City. The market was specialized in highly speculative and unregulated non-Kuwaiti companies. [1] At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.
7 January – Canada's Chief of the Defence Staff General Jonathan Vance announces that some of its military personnel in Iraq will be moved to neighboring Kuwait for safety reasons. [ 1 ] 8 January – Kuwaiti state news agency KUNA says its official Twitter account was hacked after it spread a fake news report that the United States Army ...
The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull ...