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Day: July 25, 2024

Korea’s Economy on Growth Course Despite Slow Q2 Rates

The Republic of Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectations for a rate cut, but the central bank brushed off any excessive concern about the latest retreat …

Oil Falls on Weak China Demand Concerns

Oil prices eased today due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77.26 pe…

Kuwait opens pavilion at Jordan cultural festival

Secretary-General of the National Council for Culture, Arts and Literature (NCCAL) Dr. Mohammad Al-Jassar inaugurated on Thursday Kuwait’s pavilion at the 38th session of Gerash cultural festival, in Jordan.

The pavilion includes some cultural items …

UN: hunger fears persist in Gaza

The specter of further hunger and malnourishment continued to loom over Gazans as the continued Israeli occupation’s war brought the farming and even small-scale gardening in the Palestinian enclave to a halt, the UN humanitarians warned Thursday.

In…