China To Deepen Cooperation With Azerbaijan Under Belt And Road Initiative: Chinese State Councilor
BAKU, (UrduPoint / Pakistan Point News - 24th May, 2019 ):China is willing to deepen cooperation with Azerbaijan in various fields during the process of jointly building the Belt and Road, Chinese State Councilor and Foreign Minister Wang Yi said here on Thursday.
S. Korea's Terms Of Trade Falls For 17th Month In Row In April
SEOUL, (UrduPoint / Pakistan Point News - 24th May, 2019 ):South Korea's terms of trade dropped for the 17th straight month in April as the nation's export-reliant economy grappled with weaker global demand and renewed trade disputes, data showed Friday. The terms of trade index for products stood at 91.96, down 6.4 percent from a year earlier, according to ...
Most Asian Markets See Further Losses As Trade Row Rumbles Along 24 May 2019
Hong Kong, (UrduPoint / Pakistan Point News - 24th May, 2019 ):The increasingly fractious trade row between China and the United States was the main focus of Asian investor angst Friday, with most markets down to extend the previous day's steep losses, though oil edged back from a painful sell-off. "The trade war is going to cause growth to ...
Hong Kong Stocks End Week On A Positive Note
Hong Kong, (UrduPoint / Pakistan Point News - 24th May, 2019 ) :Shares finished Friday with a slight gain, bringing another tough week to a close but investors remain on edge owing to rising China-US tensions.
KPT Shipping Intelligence Report
ALONG SIDE (Bulk Pier) OP-I Breezy D. Mogas 23/05/19 OP-II Analipsi Lady D. Mogas 23/05/19 ALONG SIDE (East Wharves): 11/12 Port Hainan L. Clinkers OC-Services 23/05/19 12/13 W-SKY D. Cannola East Wind 23/05/19 15/16 Ubena D. L. Cnt. 21/05/19 ALONG SIDE(P.I.C.T): 6/7 Ever Unison D. L. Cnt. OC-Network 23/05/19 ALONG SIDE(PDWCP): SAPT-3 Xin Mei Zhou D. L. Cnt. 22/05/19 ALONG SIDE(West Wharves): 24 Sky Light D. Phosphate ...
VIS Assigns Initial Ratings To Ferrous Engineering Industry
KARACHI, (UrduPoint / Pakistan Point News - 24th May, 2019 ) :VIS Credit Rating Limited has assigned initial entity ratings of triple B Minus/A-Two to Ferrous Engineering .
KPT Ships Movement, Cargo Handling Report
SHIPS BERTHED: Port Hainan Clinkers Mol Generosity Container Ship Xin Mei Zhou Container Ship SHIPS SAILED: Paramita CMA CGM CARGO HANDLING TURNOVER: The total cargo handled at during the last 24 hours closed at 134,958 metric tons the breakup shows that the port has handled 41,091 metric tons of export cargo and 93,867 metric tons of ...
Tokyo's Nikkei Closes Lower Ahead Of US-Japan Summit
Tokyo, (UrduPoint / Pakistan Point News - 24th May, 2019 ):Tokyo's key Nikkei index closed lower on Friday on worries over the US-China trade war while traders eyed the US-Japan summit which will be held early next week. The US market "dropped sharply as worries intensified over the US-China trade war after China's commerce ministry spokesperson said the US ...
Russia's Sberbank Planning To Optimize Presence In Europe - CEO
MOSCOW (UrduPoint News / Sputnik - 24th May, 2019) Sberbank, the largest Russian bank, is planning to optimize its presence in Europe, Sberbank CEO Herman Gref told Kommersant newspaper without specifying, however, what countries were being referred to.
European Central Bank Debates Switching Course Before Change Of Helmsman
Frankfurt am Main, (UrduPoint / Pakistan Point News - 24th May, 2019 ):Politics will have an unusually large role in picking a new chief for the European Central Bank this year, as the switchover coincides with European Parliament elections and the choice of a new Commission.
China's Tech 'Long March' Could Be Road To Nowhere
Shanghai, (UrduPoint / Pakistan Point News - 24th May, 2019 ):China's president has called for technological self-reliance in the escalating rivalry with America, but experts believe Beijing's late start on tech and relatively backward capabilities could make that a mission impossible. "One way to look at (China's situation) is that someone may be able to make beautiful designs out ...
Most Asian Markets See Further Losses As Trade Row Rumbles Along 24 May 2019
Hong Kong, (UrduPoint / Pakistan Point News - 24th May, 2019 ):The increasingly fractious trade row between China and the United States was the main focus of Asian investor angst Friday, with most markets down to extend the previous day's steep losses, though oil edged back from a painful sell-off. On top of that, investors have been spooked by ...
US Dollar Price Increases By Rs0.10 In Interbank Market
KARACHI (UrduPoint / Pakistan Point News / Online - 24th May, 2019) The US increased by Rs0.10 against the rupee in the interbank on Friday, and the greenback was traded at Rs151.55.Let it be known that the rupee had on Thursday (yesterday) gained against the US by 45 paisa in the interbank . ...
New Zealand's Annual Goods Exports To China Hits Record 9.77 Bln USD
WELLINGTON, (UrduPoint / Pakistan Point News - 24th May, 2019 ) :New Zealand's annual goods to increased 2.7 (1.76 U.S. dollars) to reach 15 dollars (9.77 U.S. dollars) in this year for the first time, with rising demand for beef and lamb as well as logs ...
Trump Says 'Good Possibility' Of Huawei Being Included In US-China Trade Deal
WASHINGTON (UrduPoint News / Sputnik - 24th May, 2019) President Donald Trump told reporters there is a good chance Huawei could be included in any US trade deal with China. I think probably a good possibility," Trump said on Thursday when asked if there is still a possibility of a trade deal with China despite tensions over Huawei. As ...
Shell Starts Production At Appomattox Platform In Gulf Of Mexico - Statement
MEXICO CITY (UrduPoint News / Sputnik - 24th May, 2019) UK-Dutch oil and gas company Royal Dutch Shell said it had launched its Appomattox deepwater platform in the US territorial waters in the Gulf of Mexico ahead of schedule. "Royal Dutch Shell plc, through its subsidiary Shell Offshore Inc (Shell) announces today that production has started at the Shell-operated ...
Asia stocks flat as trade worries linger, Europe to open higher
TOKYO/HONG KONG (Reuters) - Asian stock markets were mixed on Friday, with sentiment torn between investors worried that the U.S.-China trade war was becoming more protracted, and others hopeful that the world?s two largest economies would reach a settlement soon. In early trade, futures for the pan-region Euro Stoxx 50 index and German DAX futures gained 0.4%, and London?s ...
Commerce Division refers TCP Rs100mn TDR encashment case to NAB for recovery
The TCP had invested Rs100 million as Term Deposit Receipts (TDR) with Trust Investment Bank Limited (TIBL) on April 13, 2009 for a period of three months at13.25%. Since the fund involved is owned by the federal government and is a national loss, therefore, on the recommendation of the Commerce Division Departmental Accounts Committee has referred the matter to ...
US dollar price increases by Rs0.10 in interbank market
KARACHI (Dunya News) ? The US dollar price increased by Rs0.10 against the Pakistani rupee in the interbank market on Friday, and the greenback was traded at Rs151.55.
How The 20-year-old European Central Bank Has Learnt To Flex Its Muscles
Frankfurt am Main, (UrduPoint / Pakistan Point News - 24th May, 2019 ):The European Central Bank is the youngest by far among the world's major monetary authorities and the only one steering policy for a group of independent countries. In its 20-year-lifespan, the ECB has already tested the limits of its independence from politics, building up its armoury of tools to ...
