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In The News

Shipping

Shipping News

Strong capesize, panamax rates push baltic index higher The Baltic Exchange’s main sea freight index rose on Wednesday for the third straight session, supported by firmer rates for capesize and panamax vessels. The overall index, which factors in rates for …

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Technology

Technology News

PAKISTAN: Xiaomi opens new Mi flagship store in Multan & people are loving it: Good news for Mi Fans in the City of Saints — Multan! Xiaomi has opened an exclusive Mi store in the city that is famous for …

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Commodity

Commodity News

Gold, silver prices pop on big US dollar drop Gold and silver prices are solidly higher in early US trading on Wednesday. Gold prices have scored a 4.5-month high. A sharply lower US dollar index that slumped to a 3.5-year …

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Gulf

Gulf News

Umm Al Quwain Coop offers 2.5m stock for public trade Umm Al Quwain Coop has announced that 2.5 million stocks will be available for public trade, to increase investment in its retail sector. An integral part of Union Coop – …

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India

India News This Week

Last GST council meeting ahead of budget 2018: what to expect NEW DELHI: On Thursday, the GST Council -governing body on the Goods and Services Tax (GST) will meet for the last time ahead of Union Budget, to be presented …

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Pakistan

Pakistan News

SBP warns C/A gap can disrupt growth cycles Pakistan’s economy has exhibited strong growth in the first quarter of current fiscal year with a nine-year high expansion in large-scale manufacturing, increased tax revenue collection, recovery in exports and uptrend in …

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Shipping

Shipping News

Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and potential for more M&A activity. The collapse of freight rates during the second half of last year, far out of …

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Technology

Technology News

PAKISTAN: National savings app lets you check investment info, prize bond results & more: National Savings is continuing to move forward on its reform agenda and is entering the Digital Age by launching a mobile application “Qoumi Bachat Digital” for …

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Commodity

Commodity News

Oil up on threats of rebel attacks in Nigeria, falling US crude stocks Oil prices rose on Thursday on a reported decline in US crude inventories, and as rebels in Nigeria threatened to attack the country’s petroleum infrastructure. However, prices …

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Gulf

Gulf News

UAE growth to accelerate in 2018 The UAE economy is geared to grow at an accelerated pace at 3.9 per cent in 2018, the Ministry of Economy said on Tuesday. Citing a forecast by the UAE Central Bank, Abdullah Al …

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