Thursday, June 13, 2024

June 13, 2024 5:13 PM

China urges EU to reverse ‘wrong practices’ on EV tariffs

Beijing on Thursday slammed EU tariffs on Chinese electric vehicles as protectionist behaviour and said it hoped the European bloc would correct its "wrong practices" and handle trade frictions through dialogue. The reaction from China and others em...

June 13, 2024 11:46 AM

Kuwait launches probe into tragic fire that killed at least 49

Kuwait's public prosecutor on Wednesday started an investigation into a fire that tore through a building housing foreign workers in the southern Mangaf area, leaving at least 49 people dead and dozens of others injured. The probe aims to uncover the...

June 12, 2024 5:35 PM

Fed expected to hold rates steady, project fewer cuts in 2024

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, with new economic projections from the U.S. central bank's policymakers likely to show fewer rate cuts this year and a delayed start to monetary policy easing. Fed offic...

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Last updated on: 13th June 2024