Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Latest Economic News

Kuwait will spend more than $30 billion to increase oil production

November, 21 2024

Kuwait Petroleum Corp. (KPC) intends to invest about 10 billion Kuwaiti dinars ($33 billion) over five years to increase oil production. According to CEO Sheikh Nawaf Al-Sabah, the company plans not only to maintain the current capacity, but also to significantly increase it in accordance with strategic goals.According to Nawaf, Kuwait's forecast for stable oil demand until the middle of the century coincides with the expectations of such major market players as TotalEnergies SE and Vitol Group.... Read More

Latest Economic News

Kuwait will spend more than $30 billion to increase oil production

All News

H-1B Applications Crash as Employers Prepare for Stricter Reforms

Pence Visits Japan to boost U.S. Trade Ties

Brazilian Stocks Sought-After by Investors as Economy Grew in February

Oil Rate Dropped After Failed Attempt in Korean Missile Test

Turkish Lira Surges as Erdogan Win Rekindles Market Rally

Chinese Economy Accelerated as High as 6.9 percent

BOJ Plans to Exit its QE policy

Bank of Canada to Maintain 0.5 Percent Benchmark Rate

Trump Targets to Revamp Wall Street Reform Law

S. Korean Economy Showed Signs of Economic Improvement

Fed Focus Shifts to Maintaining Growth Gains, Says Yellen

U.K. Consumer Spending Sluggish Rate Amid Brexit

Italy’s Morando Expressed Predictions on Brexit

Barclays Plc CEO Under Investigation in Whistleblower Probe

Indian Economy to Accelerate by 7.4%, says ADB

U.S. Unemployment Claims Fell to a Record Low in Almost Two Years

Asian Stocks Decline After US-led Airstrike on Syria

Fed Might Delay Rate Hikes to Narrow Down Balance Sheet

Australia Expected Returns Over $2B Under Tax Avoidance Legislation

Norwegian Airlines Announced Low-Cost Fare Flights

Europe’s Banking Lobby Raises Concerns in Financial stability over Brexit

German Advisers Argued ECB Cashless Society

Trump Clamps Down on Silicon Valley’s H-1B Visa Program

Brazil Trade Surplus Exceeded Expectations at $7.1B

Denmark’s Thorning-Schmidt Lambasted Australia's Foreign Aid Budget

Student Debt Burden Weighs Down US Rates—Dudley

Turkey Inflation Rates Reached Double Digit After 5 years

Australian House Values Surged by 1.4 percent in March

People Rush in Que for Indonesia Tax Amnesty Program

Climate Change is Good for Arctic Region, Putin Says