Tagged: Central Bank of Kuwait (CBK)

2012-09-24

Kuwait’s Commercial Bank To Liquidate Investment Unit

A bourse filing says that Central Bank of Kuwait (CBK) intends to liquidate its investment unit. According to the bank, closing CBK Capital would not affect the bank’s financial position in a negative way. It is said the bank has a capital of 15 millio…

Single Gulf currency goal, not hope – CBK chief

Islamic Finance

2011-06-28

Single Gulf currency goal, not hope – CBK chief

Central Bank of Kuwait (CBK) Governor Sheikh Salem Abdelaziz Al-Sabah stated that the planned single Arabian Gulf currency is a goal, rather than a hope. He also underlined the fact that key steps would be taken ahead of the issuance of the Gulf curren…

: Homeowners’ new safety net leaves many at risk
The clock is ticking as government races to stave off foreclosures.
: How to get in line for homeowner assistance funds
States will distribute nearly $10 billion to help homeowners hurt by the pandemic.
The Moneyist: My husband and I bought a $387K building with my parents. We sold it for nearly $1M. We took care of it. Do we still split it 50-50?
‘My parents put down 50% in cash and my husband and I financed half. We paid $18,000 back to my parents. I figure I did $100,000 worth of work.'
The Number One: World Book Day: Women authors dominate Amazon’s bestselling books of all time list
Nine of the 10 top spots are held by women, with the ‘Hunger Games,’ ‘Harry Potter’ and ‘Fifty Shades’ book series at the top
: Companies that make things used to make things have seen earnings boosted by big jumps in prices. Is that a bad thing?
While many investors have focused on the performance of travel and leisure companies to gauge the reopening of the economy, there is also a lot that can be learned from industrial companies that actually make things that are used to make the things people use in their daily lives.
The Margin: Johnson & Johnson vaccine pause: What to know if you got or scheduled the shot
A CDC advisory committee recommends lifting the pause. So what blood clot symptoms should you watch out for if you get the vaccine?
Cryptos: Bitcoin suffers biggest weekly loss since March 2020
Friday's losses come on the heels of a 300-point loss for the Dow industrials after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealthy. While stocks bounce back Friday, bitcoin remains under pressure.
FA Center: Bernie Madoff’s scam was hard to spot but this red flag was — and still is — a clue
Look for inconsistencies between reported returns and what a fund's strategy should realistically produce.
: CDC committee votes to lift pause on Johnson & Johnson COVID-19 vaccine
A Centers for Disease Control and Prevention committee voted to let Americans once again receive Johnson & Johnson's single-shot COVID-19 vaccine without any additional stipulations.
NewsWatch: Capital gains tax hike? Why the stock market bounced back so fast
So much for a lasting tax-inspired selloff. Here's why stock-market investors were quick to put worries about a proposed jump in the capital-gains tax rate for wealthy investors behind them after Thursday's market dip.