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China’s Sinopec, BP establishe marine fuel company to explore global market
SHANGHAI: China’s top oil refiner Sinopec Corp and UK-based energy giant British Petroleum co-established a marine fuel company yesterday to...
India’s Activated carbon exports slip 8% as production of coconut reduced
KOCHI: The exports of coconut and allied products have recorded an increase in the country but the activated carbon shipment...
US dollar hits 2 month high against yen
LONDON: The dollar hit a two-month high versus the yen on Wednesday after strong housing data offered signs that the...
China targets ‘capacity exports’ to stabel growth
BEIJING: China is pushing for exports of industrial capacity, a new economic dynamic. Chinese Premier Li Keqiang will witness the...
Japan’s exporters see decrease in orders last month
TOKYO: Japan Ship Exporters' Association (JSEA) showed its member shipyards clinched 22 export orders totaling 1,369,550 gt in April 2015,...
Indian rupee starts at 63.77 against US dollar
MUMBAI: The rupee today opened at 63.77 against the US dollar. The local unit hit a low of 63.90 and...
China’s Jiangsu province issued 52.2b yuan of municipal bonds
BEIJING: Jiangsu province has fired the first shot in China's 1.77 trillion yuan ($285 billion) annual local government bond sales...
White house sets strategy to deal with declines in honey bees
HARROW: The White House has announced a strategy to deal with the worrisome decline in honey bees and other pollinators...
NASA offers $2.25 million for Martian habitat design
LONDON: A 3D-printed habitat for Mars could make human exploration, and eventual colonization, of the planet much easier and less...
New International flag of planet Earth
NEW YORK: A Swedish graphic designer has released a flag to represent every single person on the face of the...
Iran plans to drill 5,000 meter well to expand oil exploration in Caspian Sea
TEHRAN: Iran plans to expand oil exploration operations in the Caspian Sea. In a bid to discover new oil and...
Climate change risk sensitive and nuclear energy risk sceptical, study
BRENT: Kirsty Gogan says the sooner environmentalists view nuclear as a low carbon solution the better for tackling climate change...
Chinese investors propose fruit quality enhancement centres in Pakistan
LAHORE: A four-member of Chinese investors, led by Huang Xin Jian, visited Pak-China Joint Chamber of Commerce and industry (PCJCCI)...
International gold prices up 3% last week
LONDON: Gold hit a three-month high, rising for a fifth session, as a run of soft US data supported expectations...
Air Force, ULA to launch secretive X-37B space plane today
HONG KONG: United Launch Alliance will launch an Atlas V 501 rocket on Wednesday on a special mission for the...
Airplane food tastes bad because of noise, study reveals
EUROPE: Airline food generally tastes poor, according to most air travelers, and there could be reason for it, a new...
IMF expects global energy subsidies to reach $5.3 trillion in 2015
WASHINGTON: International Monetary Fund has voiced alarm about energy subsidies across the world, saying they were expected to reach $5.3...
Saudi Arabia ships record 7.898m bpd oil in March
JEDDAH: Saudi Arabia’s crude exports rose in March to their highest in almost a decade, official data showed, a sign...
OPEC countries need oil prices above $100/barrel to break in budgets: Experts
DOHA: Energy expert Dr Mamdouh G Salameh says that, with the exception of Qatar and possibly Kuwait, most OPEC countries...
Interest rate may be cut by 50bps: SBP to announce monetary policy on 23rd
KARACHI: The downward revision in the interest rate by 50 basis points is likely as the State Bank of Pakistan...
