Market

Dollar Holds Near to One-Week High

The US dollar index, which measures the currency against six major rivals, was steady at 103.25, sticking close to Mondays high of 103.61, a level previously not seen since Aug. 8.

Globally, the Australian and New Zealand dollars slumped on Wednesday…

Market

Dollar Holds Near to One-Week High

The US dollar index, which measures the currency against six major rivals, was steady at 103.25, sticking close to Mondays high of 103.61, a level previously not seen since Aug. 8.

Globally, the Australian and New Zealand dollars slumped on Wednesday…

Market

NBK reaps USD 1.5 bln this year

The National Bank of Kuwait (NBK) has announced its financial results for the nine-month period ended 30 September 2024.

The Bank, in a press release on Wednesday, reported a net profit of KD 457.0 million (USD 1.5 billion), compared to KD 431.1 mill…

Market

Gold Prices Rise as Investors Focus on US Data

Gold prices rose on Wednesday as market participants awaited more US economic data to determine the number of rate cuts the Federal Reserve is likely to deliver in the near term.

Spot gold rose 0.3% to $2,667.97 per ounce, and was $17 shy of a record…