Ukraine receives batch of coal from S. Africa at price of $57 per tone
KIEV: Ukraine on December 5 received a batch of coal from South Africa at the price of $57 per tonne...
China’s iron ore demand to drop 4.2% in 2016
BEIJING: Iron ore demand is expected to fall further in China next year as the country continues to scale down...
Sri Lanka exports 6%, imports 5% fall in Sept 2015
COLOMBO: Sri Lanka external trade continued to contract in September with exports falling 5.9 percent to 850 million US dollars...
CITIC secures contarct to build $262m cement plant in Cambodia
PHNOM PENH: China's leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement...
ECC approves export of 0.5m metric tonnes sugar by March 31
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC), in its meeting chaired by Finance Minister Ishaq Dar, has allowed...
LNG to be imported to decrease CNG price in Punjab: Paracha
ISLAMABAD: With the aim to help reduce gas price in Punjab, the CNG association has announced to import LNG for...
China’s Luye Medical ready to acquier Australia’s Healthe Care for $688m
BEIJING: Luye Medical Group Co, the privately owned Chinese heathcare firm, has agreed to buy Healthe Care Australia Pty Ltd,...
SECP amends regulations to boost fund-management industry
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments in the Non-Banking Finance Companies and Notified Entities...
India’s steel imports fall 6.9% in Nov 2015
MUMBAI: India’s steel imports fell in November for the first time in eight months, thanks to a government move in...
China Africa Development Fund hits $5 billion in 2015
BEIJING: The China Development Bank has hit its target of pooling $5 billion this year in its equity investment fund...
Japan’s current account surplus to touch $11.84bn in Oct
TOKYO: Japan's current account in October stayed in positive territory for the 16th consecutive month in October, standing at a...
Iran imports $213m worth of goods from US in 2015
TEHRAN: Iran imported $213 million worth of goods from the U.S. in the first ten months of 2015, a 40...
NASA delays Cygnus cargo spacecraft launch because of bad weather
MEXICO: NASA officials have decided to delay the launch of the Orbital ATK-made Cygnus spacecraft because of bad weather. The...
NASA releases best close-up images of Pluto
FARANCE: NASA's New Horizons spacecraft has sent back a number of close-up images of Pluto, images that could be the...
MMTC suffers loss of Rs 8.03 crore on import of onions
NEW DELHI: The state-owned MMTC has suffered a loss of Rs 8.03 crore on import of onions, which will be...
S.Africa Customs seizes 39 gold bars worth R20m
DURBAN: Customs officials seized gold worth nearly R20m at the OR Tambo International Airport, thwarting an attempt to run it...
Dinosaur relatives and 1st dinosaurs more closely connected than thought, study
CANADA: A new study by a team of scientists from Argentina, Brazil, California and the Natural History Museum of Utah...
Bangladesh Customs seizes 160 gold bars worth Tk 90 million
DHAKA: Customs officials have seized 160 gold bars from a flight coming from Kuala Lumpur that landed at Shahjalal International...
China cotton imports gain 6.9% in this year
BEIJING: China, the world’s largest cotton user, will import less fiber this year and that will be bearish for global...
US space agency releases best close-ups of dwarf planet
WASHINGTON: The US space agency has released a series of sharp Pluto snapshots, billing them as the best close-ups of the...
