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CBK announces new bonds, tawarruq worth KD 240 mln

KUWAIT, The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a t…

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Japanese Stocks Fall as Yen Strengthens

Japanese stocks fell at the end of the first trading session of the week, with mining, export and retail companies underperforming as the yen appreciated against the dollar, and after official data indicated weak capital spending for domestic companie…

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S. Korea’s Exports Surge 13% Over Last Decade

The volume of South Korean exports increased by 13% over the past decade.

A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023.

The data also indicated that South K…

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Gold Holds near Record High on US Rate Cut Optimism

Gold prices held steady on Monday near a record high scaled in the previous session, as rising expectations of a US interest rate cut next month lifted bullion’s appeal.

Spot gold edged 0.2% lower to $2,501.19 per ounce. Prices had surged to an all-t…

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Spain’s trade gap narrows in June

MADRID: Spain’s foreign trade deficit decreased in June from a year ago as imports fell faster than exports, preliminary data from the Economy Ministry showed on Monday.

The trade deficit dropped to pound 0.71 billion (US$0.78 billion) in June from p…

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