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Tag Archives: News

Shipping

Shipping News

CAPESIZE MARKET KEEP STRUGGLING The beleaguered dry bulk market has now entered its third year of crisis, in what could be a “make-or-break” 12 months for many owners, already financially exhausted by the continuous low freight rate environment. So far, …

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Gulf

Gulf News

QATAR INVESTMENT IN RUSSIA Qatar’s investments in Russia will further strengthen ties between the Organisation of the Petroleum Exporting Countries (Opec) and non-member oil producers, Opec Secretary-General Mohammad Barkindo told Reuters. The Qatar Investment Authority (QIA) and global commodities trader …

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Commodity

Commodity News

WORLD WHEAT PRODUCTION TO DECLINE IN 2017-18 In its preliminary outlook for 2017-18 world wheat supply and demand, the International Grains Council on Jan. 19 projected world wheat production to decline about 2 percent from the record outturn estimated for …

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Pakistan

Pakistan News

PKR: RATES INERT Rates were almost unchanged on the money market on Friday as the rupee sustained overnight levels against the dollar in the process of trading, Kamal Hayder, Research Analyst-PAGE said. The rupee also did not budge any side …

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India

India News This Week

TRADE DEFICIT IN THE RANGE OF $100-110B MUMBAI: The country’s trade deficit which improved by 25 per cent in the first nine months of financial year 2016-17 compared to last year, is likely to be in the range of US …

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Technology

Technology News

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets …

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Shipping

Shipping News

NEWBUILDING ACTIVITY RETURNS BUT ON ‘SNAIL PACE’ It seems that the trend set in 2016, when newbuilding orders hit a multi-year low is going to spill over to 2017 as well, with the majority of ship owners shying away from …

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Gulf

Gulf News

KUWAIT PLANS TO MANAGE ITS OWN ASSETS AS WORLD’S FIFTH LARGEST SOVERIGHT WEALTH Davos, Dubai: Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks to take more risk to …

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Pakistan

Pakistan News

PKR: LITTLE CHANGES The rupee moved slightly in relation to the dollar on Friday in the process of trading, Kamal Hayder, Research Analyst-PAGE said. The rupee gave up overnight gains in relation to the dollar for buying and selling at …

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Commodity

Commodity News

CHINA SCRAPS MORE THAN 100 POWER PLANTS China has announced plans to cancel more than 100 coal plants currently in development, scrapping what would amount to a massive 120 gigawatts (GW) of coal-fired electricity capacity if the plants were completed. …

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