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Foreign exchange reserves exceed US$ 18.20 bln
ISLAMABAD: Foreign Exchange Reserves held by the country exceeded US$ 18.20 billion. A statement issued by the Ministry of Finance...
Star Bulk offloads of its panamax dry bulk vessel Star Christianna 74,577 dwt
ATHENS: The Star Bulk has announced the sale of panamax dry bulk vessel Star Christianna (74,577 dwt, built 1998). The...
Maersk may continue to call at Port of Houston authority
COPENHAGEN: The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, will continue to call...
OPEC’s Oil revenues drops below $1 Trillion
HELSINKI: OPEC nations’ oil revenues dropped last year below the psychological $1 trillion mark for the first time since 2010,...
Greece Lurches Closer to Default if not pays €1.5b to IMF
ATHENS: European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early...
Norwegian consultant company admonished over Sarawak dams
OSLO: The Norwegian consultancy company, Norconsult, has promised to become more transparent on its involvement in dam planning in Sarawak,...
German scam threatening to shut down small New Zealand businesses
BERLIN: A new scam threatening to shut down small New Zealand businesses if they don't pay up is gaining momentum....
Adidas unveils new business plans for 3 key categories
BERLIN: Adidas, which had earlier this year announced its 2020 strategic business plan, has now unveiled an additional business plan...
Spain sees economy grows at 4% rate in first 6 months
MADRID: Spanish Economy Minister Luis de Guindos says the economy is growing at the strongest rate since the economic crisis...
Royal Jordanian mulls restructuring plan for JD128m debt: Chairman Suleiman Hafez
AMMAN: Royal Jordanian (RJ) will seek a restructuring plan for its debt, estimated at JD128 million, according to RJ Chairman...
Belgium NBB business climate rises to -3.9, from -4.9 in quarter
BRUSSELS: Confidence among Belgian business leaders rose unexpectedly in the last quarter, official data showed. In a report, National Bank...
Ports of Auckland not appeal the High Court decision
PORTS OF AUCKLAND: Ports of Auckland will not appeal the High Court decision which revoked resource consent for its proposed...
Belgium business confidence rises to highest level in almost 4 years during June
BRUSSELS: Belgium's business confidence rose to its highest level in almost four years during June, as sentiment improved in manufacturing,...
MNB reduces investment growth forecast to 2.2% for 2015
BUDAPEST: The National Bank of Hungary (MNB) reduced its projection for investment growth this year to 2.2% from the previous...
Korean Govt decides to inject 300b win of tax money into Korea EximBank
SEOUL: The Korean government decided to inject 300 billion won (US$270.68 million) of taxpayer money to support the Export-Import Bank...
1st in SCCI: SECP announces to open facilitation centres
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has announced to open facilitation centres across the country and first...
US govt officials laud metro bus service
RAWALPINDI: The officials of the American government have lauded the Islamabad-Rawalpindi Metro Bus Service after travelling on the metro route...
NIT announces to distribute funds for FY14-15
KARACHI: The country’s largest asset management company, National Investment Trust (NIT), has announced interim distribution of all funds for outgoing...
PM discusses loadshedding, K-Electric with cabinet
ISLAMABAD: Prime Minister Nawaz Sharif, chairing 16th Cabinet Committee meeting on energy, discussed the prevailing power crisis in Karachi and...
South Korea’s finance ministry expand FX borrowing levy to more institutions
SEOUL: South Korea's finance ministry said Thursday an existing levy on foreign exchange borrowings by banks will now also be...
