Category : Business

Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

kuwait-live.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained...
Business

Gold falls below $4,000 after oil prices jump

kuwait-live.com
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

kuwait-live.com
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
Business

Apple expands Broadcom chip deal in U.S. manufacturing

kuwait-live.com
Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for...
Business

China foreign exchange reserves decline in June

kuwait-live.com
China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value...
Business

Brent crude rises to $74.16 as oil prices climb

kuwait-live.com
Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a...
Business

Developing Asia FDI reaches $644 billion in 2025

kuwait-live.com
Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in...