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Turkey injection molding machinery industry makes push into export markets
ANKARA: Turkey’s injection molding machinery makers were unprepared for an onslaught of Asian imports 15 years ago, and found themselves...
Rate for shipments to Mediterranean discharge ports up 50% to $1,003 per teu
Shipping lines are making some progress this week in improving their dismal voyage results, with spot freights ex-Far East to...
Port of Morrow saw remarkable growth over past 25 years
Port districts are responsible for luring big industry to Eastern Oregon, though not all ports are equal. The Port of...
Total intermodal shipments in Canada and US rise 2%
Total intermodal shipments in Canada and the U.S. rose 2% from the same time a year earlier, according to new...
Nippon Paint targets RM1bn revenue by 2017
KUALA LUMPUR: Nippon Paint (M) Group aims to grow its revenue to RM1 billion by end-2017 from RM650 million in...
Australian regulatosr propose curbing 2 major grain transportation export rules
CANBERRA: Australian regulators have proposed easing rules on two major grain transportation companies at the Port of Newcastle export hub,...
Somalia’s livestock and fisheries sectors feel effects of Yemen conflict
Yemen might be the poorest country in the Middle East, but it has great strategic importance for its neighbours. The...
Standard Chartetred upcoming CEO plans to boost bank perfomance
HONG KONG: Incoming Standard Chartered chief executive Bill Winters plans to supervise the bank's regional units more directly than his...
China buying crude oil in record amounts
Shipments from overseas to the world’s 2nd-biggest Crude Oil consumer increased to 30.29-M/tonnes in April, according to preliminary data released...
Japanese destroyers in Manila for port call, naval exercise
TOKYO: Two Japanese destroyers arrived in Manila on Saturday for a port visit and in preparation for an exercise with...
Toyota Stock is best Japanese easy-money stock to buy
TOKYO: The best way to play the Bank of Japan’s aggressive stimulus efforts is to buy Toyota stock. The Bank...
HK ‘Henderson Land’ increases prices to live in Asia’s most expensive residential project
HONG KONG: Henderson Land has raised prices at what is already one of Asia's most expensive residential projects with keen...
Singapore ‘OUE’ faces 91.8% fall in Q1 earnings
SINGAPORE: Real estate group OUE reported a 91.8 per cent slump in first-quarter earnings following the deconsolidation of its subsidiary...
Concerns grow over post-UK election expat tax crackdown
LONDON: The outcome of the UK General Election is still not completely clear, but financial advisers are warning that some...
French and Jersey customs seize £500,000 worth of cocaine on Normandy coast
PARIS: French and Jersey customs officers have seized 4kg (8lb 13oz) of cocaine on the Normandy coast. The drugs, said...
Ascendas Hospitality Trust revenue rises 1.6% to $54.5m
SINGAPORE: Ascendas Hospitality Trust posted a higher distribution per stapled security (DPS) of 1.25 cents for the fourth quarter. This...
Copper, iron ore prices hold up despite China trade shock
The price of iron ore held onto recent gains on Friday, despite trade data from top consumer China showing an...
Smugglers using creative ways to hide narcotics
NOGALES- U.S. Customs and Border Protection officers in Nogales have been very busy lately.Within the last couple weeks, they've seized...
Imported car sales hit a speed bump in April
SEOUL: What seemed like a never-ending joyride for foreign carmakers in Korea came to a screeching halt last month as...
State-owned India ports see volume growth in April
Container volumes at major state-owned port complexes in India expanded 3.9 percent year-over-year in April, the first month of fiscal...
