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Capesize market index grows by 810Pts to 1,393Pts
ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by...
India raises exports prices for onion at $175/t
NEW DELHI: In a bid to keep rising onion prices under check, the Centre on Friday steeply hiked the floor...
Shinhan Bank buys 75% in Centratama Nasional Bank based in Surabaya
SEOUL: Shinhan Bank, South Korea’s third-largest commercial bank by asset, said Monday that it has concluded a deal to acquire...
Deaths in Karachi: K-Electric accused of not producing electricity up to capacity
ISLAMABAD: National Electric Power Regulatory Authority (Nepra), in its report, has accused K-Electric of not producing electricity up to its...
NPCI, Japan’s JCB entering into partnership for payment cards issuance, acceptance
TOKYO: National Payments Corporation of India (NPCI) and JCB International Co. Ltd, a subsidiary of Japan's JCB Co. Ltd., are...
3000MW demand: No area of Karachi exempted from power outages, says K-Electric
KARACHI: No area in the metropolis has been exempted from the loadshedding, said K-Electric. According to the K-Electric Spokesperson, even...
Dutch-Danish consortium to bankroll Paira port development
AMSTERDAM: Two European countries have formed a consortium for funding and building Paira deep-sea port in Patuakhali district, officials said....
Dubai customs arrests man for allegedly smuggling marijuana
DUBAI: A man who allegedly tried smuggling marijuana through the Max A. Mandel Municipal Golf Course has been indicted in...
Indian Revenue Intelligence seizes fake Indian currency worth Rs 7.98 lakh
NEW DELHI: Directorate of Revenue Intelligence (DRI) today said it seized Fake Indian Currency Notes (FICN) of a face value...
Japan’s factory output fall sharper-than-expected 2.2% MOM in May
TOKYO: Japan's factory output fell a sharper-than-expected 2.2 percent month-on-month in May, reversing a rise in the previous month, official...
Russia to charge $287 per 1,000 cm gas to Ukraine
MOSCOW: Gazprom has said Ukraine will be charged $287 per 1,000 cubic meters with no discount in the third quarter....
Teams of Dubai Police, Dubai ports scores huge in football championship
DUBAI: Hosts Dubai Police and Dubai Ports scored huge wins on the sixth day of the fifth Maktoum Bin Rashid...
EU goes Bananas with Currency rigging case against big Banks
BRUSSELS: The European Union is going bananas as it pursues a probe into currency-rigging. Antitrust regulators are seeking to bolster...
European oil giants keen to invest in Iran amid fear of sanctions
TEHRAN: Executives from Royal Dutch Shell and Eni have met Iranian officials in Tehran to discuss investing in the country’s...
Ex-Member (Training) Ashraf Ahmad Ali retires
ISLAMABAD: S Ashraf Ahmad Ali, an Inland Revenue Service officer of BS-21, has retired from Government Service on attaining the...
Mobil Oil New Zealand paying regional council $691,307 for Tauranga oil spill
WELLINGTON: Mobil is keeping its promise of paying for the clean-up of an estimated 1500 litres of oil from Tauranga...
Two Inland Revenue officers promoted as Assist Commissioners
ISLAMABAD: Two Inland Revenue Service officers have been promoted to BS-17 on regular basis with immediate effect. Hassan Abbas Rizvi,...
Two Customs Superintendents, Examiner retires
ISLAMABAD: Three Pakistan Customs Service officers of BS-16 have retired or are going to retire from the government service on...
New Zealand’s recovery for 2010 outbreak of kiwifruit vine disease to ship 91,200 MT during March, April
WELLINGTON: As two major Southern Hemisphere kiwifruit suppliers recover from production problems caused by separate issues over recent years, export...
Pak rupee strengthens in open market
KARACHI: The Pakistani rupee strengthened against the US dollar in open market on Monday, the first trading day. As per...
