Spain trade deficit drops 15.7% to $2.1b
MADRID: Spain's trade deficit fell 15.7 per cent in October from a year earlier to 1.9 billion euros ($2.1 billion),...
Researchers cure degenerative illness in mice thru gene-editing
WASHINGTON: The medical science has witnessed another breakthrough as researchers have succeeded for the first time in reversing a degenerative...
Pier 1 Imports to close store in Natomas
WASHINGTON: Pier 1 Imports Inc. will close its store in Natomas. According to an email received early today, Dec. 31...
Merchandise imports increase for fifth straight month
WASHINGTON: Inbound shipment of goods opened the third quarter on a strong note, fueled by a double-digit increase in the...
Indian coal imports up 6% in Dec 2015
NEW DELHI: Coal and coke imports in India estimated to have grown by 6.8 per cent through 31 major and...
S. Korean crude oil imports up 21.1% in Dec
SEOUL: December rose 21.1 percent from a year earlier to 97.9 million barrels, preliminary data from the Ministry of Trade,...
Pak rupee sheds value in cash-free market
KARACHI: The Pakistani rupee Friday slightly depreciated against the US dollar in open market, however it remained firm in interbank....
Nepal Govt to import 90 megawatt electricity from India
KATHMANDU: Nepal Electricity Authority (NEA), the state-owned power utility, is gearing up to import additional 90 megawatt (MW) of electricity...
Zimbabwe to step up food imports
PRETORIA: Zimbabwe's Agriculture Minister Joseph Made says food imports will be stepped up following reports that the country is left...
North Korean food imports from China down again in November
BEIJING: North Korean food imports from neighboring China dropped again in November, according to recent figures from Chinese customs. The...
South African white maize prices over double in 2015
JOHANNESBURG: South African white maize prices more than doubled in 2015 to record highs on mounting concerns about a scorching...
Iran to export oil to Afghanistan
TEHRAN: Iran’s Petroleum Ministry and Afghanistan’s Ministry of Industries and Commerce signed an agreement for Iran’s one million tons annual...
AfDB approves $1.5m for Zimbabwe’s beef, leather industries
HARARE: The African Development Bank has approved $1,5 million support for Zimbabwe’s beef and leather industries. The objective of the...
Turkey’s foreign trade deficit narrows 25% in 11 months of 2015
ANKARA: Turkey’s foreign trade deficit narrowed by 25 percent year-on-year in the first 11 months of 2015 thanks to the...
General Electric to build $1b power plant in Saudi Arabia
WASHINGTON: The US industrial giant, General Electric, has announced to win a contract worth nearly $1 billion from the Saudi...
KPT shipping intelligence report
KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on...
PM announces Voluntary Tax Filing Scheme for traders
ISLAMABAD: Prime Minister Nawaz Sharif Friday announced a Voluntary Tax Filing Scheme for the traders and said it would help...
Gintech profit to hit $4.9m
TAIPEI: Taiwanese solar cell maker Gintech Energy Corp yesterday said it made NT$162 million (US$4.9 million) in net profit for...
India to allow duty free imports of 500,000 tons corn
MUMBAI: India will soon ask state-run traders to import half a million tonnes of duty-free corn after a second straight...
Taiwan OBUs’ assets fall 1.7% to $187bn in Nov
TAIPEI: The 62 offshore banking units (OBUs) of banks operating in Taiwan posted total assets of US$187.01 billion in November,...
