SINGAPORE MARINE FUELS SALES HIT RECORD Sales of marine fuels in August at Asia’s biggest ship fuelling port of Singapore…
Browsing: In The News
WEEK-ON-WEEK: SPI FALLS 0.27PC The Sensitive Price Indicator (SPI) for the week ended September 14, 2017 registered a decrease of…
AUGUST WHOLESALE INFLATION SPIKES TO 4-MONTH HIGH OF 3.24% India’s wholesale price inflation (WPI) rose to 3.24 per cent from…
PAKISTAN: PAKISTAN STARTUP CUP 2017 IS BACK WITH $2.5 million PRIZE MONEY: Startup Cup has presence in 60 countries, has…
UAE’S NON-OIL PRIVATE SECTOR GROWTH AT 30-MONTH HIGH Dubai: The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE rose…
CRUDE DIPS, GASOLINE SPIKES AS FLOODS KNOCK OUT QUARTER OF US REFINERIES Oil prices dipped on Wednesday but gasoline spiked…
BALTIC MAIN INDEX GAINS NEARLY 3PC ON STRONGER VESSEL ACTIVITY The Baltic Exchange’s main sea freight index rose nearly 3…
PAKISTAN GETS $230 MN LOANS TO CUSHION FOREX RESERVES Pakistan has received two short-term loans worth $230 million from international…
STARTUPS, UNLISTED COMPANIES ON BLACK MONEY RADAR, PROBE ON 200 ENTITIES MUMBAI: Startups and unlisted subsidiaries of some major Indian…
PAKISTAN: INTEL COFFE LAKE-U 15W CPUS DETAILED- CORE 17-8650U, CORE I7-8550U PERFORMANCE AND SPECIFICATIONS UNVEILED IN MULTIPLE LEAKS: Intel will…
REEM AL HASHEMI DISCUSSES EXPO 2020 PROGRESS WITH KHALAF AHMAD AL HABTOOR Dubai: Reem Al Hashemi, the UAE Minister of…
COPPER HITS THREE YEARS HIGH AS SPECULATORS PILE INTO MARKET Copper hit a three-year high and nickel touched its strongest…
BALTIC MAIN INDEX SLIDES ON LOWER RATES FOR LARGER VESSELS The Baltic Exchange’s main sea freight index, tracking rates for…
RUPEE STABLE AGAINST DOLLAR The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Friday compared…
KIRAN MAZUMDAR SHAW TO LEAD INFY CEO SEARCH, TO ALSO TAP ALUMNI BENGALURU: Nandan Nilekani, the non-executive chairman of Infosys,…
PAKISTAN: CCP IMPOSES PKR 10 MILLION PENALTY ON COLGATE-PALMOLIVE PAKISTAN: The Competition Commission of Pakistan (CCP) has passed an order…
UAE BIG CLEARANCE SALE: 80% OFF DESIGNER LABELS Dubai: In a city populated with malls and shopping centres, one can’t…
OIL EDGES UP ON FALL IN US CRUDE STOCKS Oil prices edged up on Thursday, clawing back some ground after…
GLOBAL SHIPPING FIRMS GOING SUPER-SIZED The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep…
CURRENCY: PKR STABLE AGAINST $ The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Friday…
STRICTER PENALTIES FOR CALL DROPS NEW DELHI: Telecom regulator Trai has increased the penalty for call drops and imposed stricter…
PAKISTAN: AMD RYZEN THREADRIPPER 1950X FIRST BENCHMARKS PUBLISHED: The first round of third party benchmarks for AMD’s all new ultra…
MAJOR MISMATCH BETWEEN IT TALENT, JOB MARKET DEMAND IN GCC Dubai: Techies graduating out of universities from the Gulf are…
U.S. IS A NET EXPORTER OF NATURAL GAS FOR 1ST TIME IN 59-YEAR The U.S. has been a net exporter…
INDIA TIGHTENS RULES FOR OVERSEAS SHIPS TO PLY ON LOCAL ROUTES State-runs firms have been vested with powers to scrap…
RUPEE STABLE AGAINST DOLLAR The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Thursday compared…
AADHAAR MAY BECOME MANDATORY FOR BUYING SHARES, MUTUAL FUNDS MUMBAI: Aadhaar may soon become mandatory for buying shares and mutual…
PAKISTAN: US POLITICIAN WASSERMAN SCHULTZ FIRES PAKISTANI-ORIGIN IT STAFFER ARRESTED FOR FRAUD: United States (US) Democratic Representative Debbie Wasserman Schultz…
TONNES OF GOLD: 9% JUMP IN DUBAI SALES Dubai: Gold jewellery sales in the UAE picked up slightly — by…
MALAYSIAN PALM OIL POSTS 3RD SESSION OF DECLINE Malaysian palm oil futures were headed for a third straight session of…
BALTIC INDEX INCREASES ON IMPROVED CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry…
OIL SALES INCREASE IN JULY AS DEMAND PICKS UP PACE Sales of petroleum products rose to 2.31 million tons in…
GST IMPACT: SERVICES ACTIVITY CONTRACTS TO 4-YEAR LOW IN JULY, SAYS REPORT NEW DELHI: The services sector contracted in July…
PAKISTAN: JAZZ PARTNERS WITH SMARTLINK TO INTRODUCE XIAOMI SMART DEVICES: Jazz, has collaborated with Smartlink to bring in Xiaomi’s…
ETIHAD AIRWAYS SWINGS TO $1.87B LOSSES Dubai: Etihad Airways reported on Thursday $1.87 billion in net losses for 2016, a…
GOLD STEADY AHEAD OF US GDP DATA Gold steadied on Friday after retreating from a more than six-week high hit…
BALTIC INDEX INCREASES ON HIGHER CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry…
ICCI WANTS UNIFORM ‘NATIONAL ST’ Islamabad Chamber of Commerce and Industry (ICCI) President Khalid Iqbal Malik urged the government to…
MARUTI Q1 NET PROFIT GROWS 4.4% TO RS 1,556 CRORE Maruti Suzuki, the country’s top-selling car maker, posted a quarterly…
PAKISTAN: PAKISTAN IS ATTENDING A MICROSOFT GLOBAL PARTNER EVENT ‘INSPIRE’: A 16-member delegation of IT professionals from Pakistan is attending…
HOW THE ‘RICH KIDS’ OF DUBAI ARE SPENDING THEIR FORTUNES Dubai: In today’s era of Instagram, Facebook and social media,…
GOLD, SILVER INCHES DOWN ON WORLDWIDE CUES Precious metals gold and silver were trading in red in the early trade…
DISAPPEARING SHIPYARDS: NOT MUCH OF A MYSTERY? At the beginning of 2009, close to the peak of the current shipbuilding…
CURRENCY: PKR STRENGTHENS AGAINST $ The rupee strengthened against the dollar at 105.25/105.45 in the inter-bank market on Friday compared…
SHAH RUKH KHAN, BACHCHAN FAMILY AND AJAY DEVGN GET ED NOTICES OVER FOREX REMITTANCES MUMBAI: It’s not just Shah Rukh…
YES BANK GETS ANOTHER $150 MN FROM OPIC TO FUND SME LENDING New Delhi, July 13 Private sector Yes Bank…
IMF, PAK FAIL TO SEE EYE TO EYE IN ASSESSMENT OF ECONOMY Pakistan and International Monetary Fund (IMF) remained poles…
BALTIC INDEX INCREASES ON HIGHER RATES ACROSS ALL SEGMENTS The Baltic Exchange’s main sea freight index, tracking rates for ships…
WORLD OIL HEADS FOR 5PC WEEKLY GAIN Oil prices rose on Friday, as reports of supply issues in Nigeria and…
PAKISTAN: SAFE CITY PROJECT ALLOCATING TO HUAWEI WILL DO IT AT A TISK OF PROJECTS BEING LEFT: Chairman Consumer Rights…
GOLD HITS BIGGEST FALL SINCE MARCH Dubai: More bargains await jewellery fans who will hit the shops in Dubai this…
PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is…
UAE SCHOOL FEES ‘SECOND HIGHEST IN THE WORLD’: HSBC STUDY Dubai: Education in the UAE doesn’t come cheap. Parents in…
OIL PRICES SLUMP ON RISE IN US OUTPUT Oil prices fell by more than 1 percent on Friday, with US…
BALTIC INDEX DECLINES FOR FIFTH STRAIGHT SESSION The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry…
PAK ORDERS SHELL SUBSIDIARY TO PAY $2.4 MN FOR BAHAWALPUR TANKER BLAST Pakistan’s oil and gas regulator on Friday ordered…
AIR INDIA LAUNCHES DELHI-WASHINGTON FLIGHT NEW DELHI: State-owned Air India on Thursday launched its first flight to Washington DC from…
PAKISTAN: UBER ALLEGEDLY HACKED! MULTIPLE USERS TWEETING ABOUT UNJUST CHARGES MADE ON UBER ACCOUNT: Despite company’s strong security claims, Uber…
QATAR INTELLIGENCE OFFICER ADMITS TO SABOTAGING THE UAE Doha: A report broadcasted on Abu Dhabi TV on Thursday featured video…
OIL PRICES SPRING BACK World oil prices rose on Thursday, a day after hitting 10-month lows, but market sentiment remained…
SHIPPING CONFIDENCE HITS 3-YEAR HIGH Shipping confidence reached its equal highest rating in the past three years in the three…
C/A DEFICIT WIDENS 178%, STANDS AT $8.93B Pakistan’s current account deficit (CAD) widened by a massive 178% in the first…
SELECT PULSES REMAIN WEAK ON MUTED DEMAND New Delhi, Jun 23 () Select pulses led by urad fell by up…
PAKISTAN: GALAXY NOTE 8 COULD BECOME THE FIRST SMARTPHONE TO BE POWERED BY QUALCOMM’S SNAPDRAGON 836 SOC: Leaked Specifications of…
RATE HIKE AND FUTURE GUIDANCE POINT TO HIGHER COST OF FUNDS IN GCC The Central Bank of UAE late on…
OIL PRICES EDGE UP FROM 2017 LOWS Oil prices edged up from 2017 lows on Friday but remained on track…
BALTIC MAIN INDEX EDGES DOWN ON WEAKER CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships…
SBP’S RESERVES FALL 2.61PC, AMOUNT TO $15.3B Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 2.61%…
HERO MOTOCORP’S PAWAN MUNJAL TAKES HOME RS 59.66CR PAY IN FY17 New Delhi, Jun 16 () Hero MotoCorp Chairman, MD…
PAKISTAN: INTEL’S CORE-X SERIES WILL BE SEEING STAGGERED LAUNCH: CORE I9-7900X AND BELOW READY TO LAUNCH, CORE I9-7920X THROUGH 19-7980XE…
BUYERS LINING UP FOR DUBAI’S READY PROPERTIES Even ready properties in Dubai are getting right into the thick of sales…
SCIENTISTS DISCOVER RARE EARTH METALS Japanese scientists have discovered a vast geological deposit rich in rare metals that can be…
BALTIC EXCHANGE SNAPS 16-SESSION LOSING STREAK The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk…
PM MEETS AFGHAN PRESIDENT ON SIDELINES OF SCO SUMMIT Prime Minister Nawaz Sharif met Afghan President Ashraf Ghani on the…
INDIA SEES $1 TRILLION DIGITAL ECONOMY BY 2022 The information technology (IT) industry, which is reeling under pressures from key…
PAKISTAN: GOOGLE SAYS IT WOULD COST TOO MUCH TO GATHER WAGE GAP DATA: The department of labor will keep bothering Google…
DOS AND DON’TS FOR TAKING PICTURES ON AIRPLANES Dubai: It seems mundane enough – you hop on an aircraft, and…
IRON ORE FALLS AS FUTURES PLUNGE The spot price of iron ore dropped, extending last week’s selloff, paced by a…
BALTIC INDEX DOWN FOR TWELFTH STRAIGHT SESSION The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry…
WORLDWIDE FIRMS COMPETE TO SET UP CONVERTER STATION IN PAKISTAN The four countries that are part of the Central Asia-South…
RESPECT HUMAN RIGHTS, DIGNITY, NHRC TELLS BUSINESSES KOLKATA: The National Human Rights Commission (NHRC) in collaboration with the Confederation of…
PAKISTAN: IPHONE 8 RELEASE DATE, SPECS, RUMOURS, AND PRICE: Apple has major iPhone redesign planned for 2017, the new iPhone…
MASHREQ MARKS 50 GOLDEN YEAR OF SERVICE His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of…
EDIBLE OIL PRODUCERS WORRIED OVER 5PC GST Oilseeds will attract 5 percent tax under goods and services tax, unlike most…
NEWBUILDING PRICES GROWING TREND CONTINUES The slumping days of the newbuilding ordering market seem to be over. Prices have been…
PKR 916 MN EARMARKED FOR PRIME MINISTER OFFICE The federal government has proposed Rs916 million for the Prime Minister Office…
BANKS WRITE OFF BAD LOANS PUNE: All scheduled commercial banks (SCBs) wrote off Rs 2,25,180 crore cumulatively in the five-year…
PAKISTAN: ZTE IS EXPANDING ITS PARTNERSHIP IN PAKISTAN TO EXTEND DIGITAL TELEVISION SERVICES: China’s ZTE is expanding its partnership in…
UAE DIGITAL INVESTMENT Dubai: In three years, the UAE has grown the size of its investment in technology from $35…
OIL SLIPS AFTER TURMOIL SURROUNDING DONALD TRUMP Oil is getting ensnared in the turmoil surrounding Donald Trump just as signs…