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Kuwait news and analysis and around the world at KuwaitTimes.com. Politics, Business, Sports, Lifestyle, and in-depth reporting.
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News
Hong Kong villages cleared for $28.6bn tech hub
16+ hour, 8+ min ago (359+ words) Presented by the government as a "new economic engine" for around 2.5 million residents and 650,000 jobs, the project will link Hong Kong more closely with Macau and the nine mainland cities that make up the Greater Bay Area. But the vision…...
China's trade surges before expected Trump-Xi summit
5+ day, 13+ hour ago (490+ words) Kuwait Times China's trade surges before expected Trump-Xi summit BEIJING: China's imports and exports surged in August, helped by a global AI buildout that has fueled demand for technology products, and ahead of an expected meeting between President Xi Jinping…...
China’s Xi seeks to bring large CEO delegation on US visit
1+ week, 1+ day ago (345+ words) Xi last brought a sizeable business contingent to the US in 2015, including Alibaba founder Jack Ma, Tencent founder Pony Ma, and executives from Chinese banks and state-owned firms. During that visit, China signed a $38 billion agreement for 300 Boeing aircraft and…...
Why oil importers are learning to live with longer routes
1+ week, 1+ day ago (405+ words) Since the conflict disrupted Gulf exports in late February, outbound crude flows from the Middle East have dropped drastically, with total volumes shipped from March through July 40 percent lower than a year earlier, according to Kpler. That steep fall in…...
China???s Xi seeks to bring large CEO delegation on US visit
1+ week, 1+ day ago (345+ words) Xi last brought a sizeable business contingent to the US in 2015, including Alibaba founder Jack Ma, Tencent founder Pony Ma, and executives from Chinese banks and state-owned firms. During that visit, China signed a $38 billion agreement for 300 Boeing aircraft and…...
Ternus takes over as Apple enters era of AI, foldable phones
1+ week, 4+ day ago (404+ words) Ternus, 51, joined Apple’s design team in 2001 and worked his way up to senior vice president of hardware engineering, reporting to Cook. He leads the engineering teams behind Apple’s entire product lineup, including the iPhones that generate most of the company’s…...
China???s netizens rage at gig work???welfare??? remark
2+ week, 6+ day ago (385+ words) China’s netizens rage at gig work ‘welfare’ remark Kuwait Times China’s netizens rage at gig work ‘welfare’ remark HONG KONG: The term “flexible employment” has gone viral in China after a prominent economics professor described gig work as a form…...
China vows timely fiscal support to bolster growth
3+ week, 1+ day ago (377+ words) Kuwait Times China vows timely fiscal support to bolster growth BEIJING: China will roll out additional fiscal policy measures in response to economic developments, Vice Finance Minister Liao Min said on Friday, as growth slows in the world’s second-biggest economy....
China tax crackdown forces wealthy investors to assess offshore trusts
3+ week, 3+ day ago (598+ words) Kuwait Times China tax crackdown forces wealthy investors to assess offshore trusts HONG KONG: A growing campaign to tax offshore wealth is forcing wealthy Chinese people to rethink their trust structures and investment holdings, lawyers and advisors say, as Beijing…...
Tech giant Alibaba posts AI-fueled revenue bump
3+ week, 3+ day ago (380+ words) Kuwait Times Tech giant Alibaba posts AI-fueled revenue bump BEIJING: Chinese tech giant Alibaba saw increased revenue in its most recent quarter, results published on Thursday showed, boosted by the global artificial intelligence frenzy driving demand for its products. The…...