Advertisement
Singapore markets open in 1 hour 49 minutes
  • Straits Times Index

    3,410.81
    -29.07 (-0.85%)
     
  • S&P 500

    5,567.19
    +30.17 (+0.54%)
     
  • Dow

    39,375.87
    +67.87 (+0.17%)
     
  • Nasdaq

    18,352.76
    +164.46 (+0.90%)
     
  • Bitcoin USD

    56,436.23
    -1,709.58 (-2.94%)
     
  • CMC Crypto 200

    1,168.87
    -39.82 (-3.29%)
     
  • FTSE 100

    8,203.93
    -37.33 (-0.45%)
     
  • Gold

    2,393.10
    -4.60 (-0.19%)
     
  • Crude Oil

    83.24
    +0.08 (+0.10%)
     
  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     
  • Nikkei

    40,912.37
    -1.23 (-0.00%)
     
  • Hang Seng

    17,799.61
    -228.69 (-1.27%)
     
  • FTSE Bursa Malaysia

    1,611.02
    -5.73 (-0.35%)
     
  • Jakarta Composite Index

    7,253.37
    -7,220.89 (-49.89%)
     
  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

UPDATE 1-Kuwait names Ahmad Abdullah al-Ahmad al-Sabah as prime minister

(Adds background and context in para 2-3)

DUBAI, April 15 (Reuters) - Kuwait's Emir on Monday appointed Ahmad Abdullah al-Ahmad al-Sabah as prime minister, state news agency KUNA reported.

Former Prime Minister Sheikh Mohammed Sabah al-Salem al-Sabah resigned in April only a few months after he was designated to form a government. His resignation was a procedural move after a new parliament was elected that month, the fourth since December 2020.

The OPEC producer, which bans political parties, has one of the most open political systems in the Gulf, though the emir has the final say in state matters.

(Reporting by Jana Choukeir, Editing by Louise Heavens, Editing by William Maclean)