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In The News

Pakistan

Pakistan News

Government of Pakistan needs to watch out as CPEC-related debt soars Pakistan has made progress, which is evident from its completion of the International Monetary Fund’s (IMF) bailout programme, but challenges remain as the country maneuvers its way through worrying …

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Shipping

Shipping News

Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Tuesday, hurt by weaker rates across all vessel segments. The overall index, …

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Technology

Technology News

PAKISTAN: Optix adds Netflix CDN to its data center to make streaming faster than ever: With the Netflix craze in Pakistan lately – local ISPs are clamoring to improve video streaming for their customers. Together with others, Optix Pakistan has …

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Commodity

Commodity News

World oil hits highest since November 2014 Oil prices rose about 2 percent on Friday, with US crude hitting its highest in more than three years, as global supplies remained tight and the market awaited news from Washington on possible …

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Gulf

Gulf News

50 per cent discount on Ramadan groceries starts next week in UAE The Ministry of Economy expects the prices of 10,000 items on shelves in 600 outlets in UAE to be slashed by 25 to 60 per cent and even …

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India

India News This Week

Investment tips: 2019 Lok Sabha elections coming, here’s where you should invest whether Modi loses or wins Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections …

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Pakistan

Pakistan News

Chinese project financing will dip to $906mn in fy 2018-19 Project financing from China is expected to dip by more than half to only $906 million during the next fiscal year due to completion of work on some major China-Pakistan …

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Shipping

Shipping News

First-ever independent audited benchmark for container shipping For the first time ever the global container shipping industry will have an independent, audited benchmark thanks to an innovative tie-up between the Baltic Exchange, the most trusted name in freight benchmarking, and …

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Technology

Technology News

PAKISTAN: Uber’s bike-hailing service is now available in Karachi: Uber, the global smartphone app that seamlessly connects riders to drivers, has launched its bike sharing service uberMOTO in Karachi. This service follows the extremely successful launch of uberMOTO in Lahore …

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Commodity

Commodity News

Global steel output soars 4pc in March Global crude steel production rose four percent in March as mills in top producer China ramped up output after winter restrictions were lifted and as US producers took advantage of import tariffs to …

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