Kuwait’s main equity index led gains in the Gulf as banking shares including Kuwait Finance House KSCP and National Bank of Kuwait SAKP pushed it higher.
Indonesia continues to sell fish to China after the coronavirus was discovered on the packaging of a local seafood exporter’s products, the Marine Affairs and Fisheries Ministry said.
China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.
Saudi Industrial Investment Group and National Petrochemical Co. started talks to merge, potentially creating a firm with $11 billion in assets as Middle Eastern energy companies assess their options in a lower oil-price environment.
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