Panamax dry bulk rates rose sharply this week on views that demand from China was again picking up, while the introduction of new port security standards had little impact on prices, brokers said on Tuesday.
South Korea has warned the country's shipping firms of potential terror attacks following a threat from an Islamic militant group, a government official said on Saturday.
Singapore state-owned port operator PSA International Pte Ltd said on Wednesday the volume of containers it moved at its local and overseas terminals jumped 19.3 percent in the first half of 2004 on a year ago.
State-run Kuwait Oil Tanker Co (KOTC) plans to buy seven new vessels worth a total of about 525 million Kuwaiti dinars ($1.78 billion) to transport crude and petroleum products, the firm's deputy chairman said in remarks published on Thursday.
The Karachi Port handled 65,399 tonnes of cargo including 50,395 tonnes import and 15,004 tonnes export cargo during last 24 hours ending at 0700 hours on Saturday.
A San Francisco area talk show host has filed a lawsuit against McDonald's Corp accusing the world's largest fast-food restaurant company of failing to switch to healthier lower-fat cooking oil as it had pledged.
A San Francisco area talk show host has filed a lawsuit against McDonald's Corp accusing the world's largest fast-food restaurant company of failing to switch to healthier lower-fat cooking oil as it had pledged.
Thailand confirmed more recurrences of the deadly bird flu virus on several farms in two northern provinces on Saturday, just days after fresh outbreaks near Bangkok.
Russia's parliament, deliberating after a week of turmoil in the banking system, on Saturday approved measures aimed at protecting depositors from banks subject to bankruptcy.
US officials who ran Iraq until last month used a system open to fraud and error to track about $20 billion in Iraqi funds spent during the occupation, accounting firm KPMG said in a report made public late on Friday.
A change in European Union gasoline specifications next year aimed at reducing air pollution will restrict the pool of blending components for the motor fuel and make production more expensive, analysts and traders said.
Five key World Trade Organisation (WTO) members gathered for an informal meeting here Saturday in search of a fig leaf to hide persistent gaps that scuppered free trade talks in Mexico last year.
Eurostat, the European Union's statistical agency, is considering warning Belgium, Greece and Ireland to improve the quality of economic data they produce, a Belgian newspaper reported on Saturday.
The Opec producers' cartel will consider further increases to output and will look for spare capacity among its members at a meeting later this month if oil prices stay high, Kuwait said on Saturday.
China's fifth-largest bank has sacked the head of a northern branch and launched a fraud probe, but talks to sell a fifth of its shares to HSBC are going smoothly, official media on Saturday cited the bank as saying.
The Asian Development Bank (ADB) said Saturday that it would extend 12.5 million dollars in emergency assistance to Sri Lanka to repair damage from flooding last year.
Britain's Chancellor of the Exchequer Gordon Brown on Friday promised a big boost in UK funding to tackle HIV and AIDS around the world when he delivers his spending review next week.
As many as 48 million workers may be killed by AIDS by 2010, and the toll could rise to 74 million by 2015, inflicting a body blow to national economies, the UN's International Labour Organisation warned on Sunday.
Toronto stocks rose on Friday, snapping a five-session losing skid, as bargain-hunters snapped up financial shares, while energy issues extended their climb as oil prices stayed close to the $40 mark.
US fund Newbridge Capital has called off a deal to buy 4.82 percent of China's Minsheng Bank, but analysts said that should not detract from a planned Hong Kong IPO that could raise $1 billion this year.
US fund Newbridge Capital has called off a deal to buy 4.82 percent of China's Minsheng Bank, but analysts said that should not detract from a planned Hong Kong IPO that could raise $1 billion this year.
The robust rand will rule South Africa's stock market next week, in the absence of major local corporate and economic news, with investors keen to see if it will strengthen through the 6/dollar level, traders said.
US Treasury prices hovered just above flat in sleepy Friday trade as a lack of market-moving economic news left traders looking forward to next week's chock-full data calendar.
US Treasury prices hovered just above flat in sleepy Friday trade as a lack of market-moving economic news left traders looking forward to next week's chock-full data calendar.
Twelve initial public offerings will attempt to raise $5.3 billion next week, the most money sought by companies going public in one week in more than two years, according to Dealogic.
As top Rigas family members are convicted of fraud at bankrupt cable operator Adelphia Communications, credit investors are paying more attention to the company most likely to be buying Adelphia's alluring assets: Time Warner Inc.
As top Rigas family members are convicted of fraud at bankrupt cable operator Adelphia Communications, credit investors are paying more attention to the company most likely to be buying Adelphia's alluring assets: Time Warner Inc.
Peru will auction a total of 80 million soles ($23 million) in sovereign domestic bonds next week under its market makers program to promote local capital markets and raise cash to plug the fiscal deficit.
Peru will auction a total of 80 million soles ($23 million) in sovereign domestic bonds next week under its market makers program to promote local capital markets and raise cash to plug the fiscal deficit.
Emerging market bond prices rose slightly in quiet trading on Friday as issuers stayed out of the market while sustained optimism over the course of US interest rates drew fresh cash into the asset class.
Emerging market bond prices rose slightly in quiet trading on Friday as issuers stayed out of the market while sustained optimism over the course of US interest rates drew fresh cash into the asset class.
The Canadian bond prices shrugged off the employment report on Friday, because it was largely in line with expectations, and took its cues from movements by their US counterparts instead.
The Canadian bond prices shrugged off the employment report on Friday, because it was largely in line with expectations, and took its cues from movements by their US counterparts instead.
US stocks rose on Friday after positive comments on the economy from bellwether General Electric Co eased worries about slowing earnings growth that sent stocks to 6-week lows a day earlier.
The July vaida opened unchanged at Rs 491.50 and was the highest also at the same rate. Later in depressed trading it lost 50 paisa to Rs 491 and closing was also seen at the same level.
Trading in cotton remained dull on the week-end though the general belief was that last session of the week might see some change of hands, relevant sources said.
Some kirana items underwent variation on Jodia Bazar where significant changes are in skimmed Germany up Rs 300 to Rs 4200, Germany SMO up Rs 50 to Rs 3950, Dairy Crest up Rs 300 to Rs 4,400.
Gram varieties underwent widespread variations on the seed and grain wholesale markets, besides a few changes in rapeseed cakes, cotton cakes and masoor dal imported quoted at Rs 3200 and Rs 3400.
Tunisia's net foreign currency reserves were at 4.123 billion dinars ($3.322 billion) on July 7 this year, up 30.6 percent from the same day in 2003, Central Bank's latest data shows.
Brazil's currency, the real, firmed on Friday in very thin trade due to a holiday in the financial capital of Sao Paulo, as banks adjusted their positions after a fall the previous day.
India's foreign exchange reserves climbed to a record high of $120.08 billion by July 2, possibly because of robust trade and investment inflows which the central bank could have absorbed.
The dollar fell more than half a percent against the yen on Friday as investors bet that Japan's Prime Minister Junichiro Koizumi is likely to win support in Sunday's election, enabling him to maintain the country's economic reforms.
Asia's stunning accumulation of foreign exchange reserves stalled in the second quarter, with holdings rising just 0.2 percent to $2.160 trillion, the latest figures from central banks show.
The Canadian dollar was little changed versus the US currency on Friday. The Canadian dollar was at C$1.3159 to the US dollar, or 75.99 US cents, up from C$1.3167 to the US dollar, or 75.95 US cents, at Thursday's close.
The editor-in-chief of the Russian edition of Forbes magazine, known for his investigative reports into the country's business sector, was shot dead on Friday night in Moscow, police said.
A Lebanese-born US marine who resurfaced this week after going missing in Iraq was in good health and being debriefed at a US military hospital in Germany, a medical centre spokeswoman said on Saturday.
Saudi Foreign Minister Prince Saud al-Faisal on Saturday hailed the world court's ruling against Israel's separation barrier in the West Bank as historic, saying it should be praised rather than condemned.
A Senate probe into CIA failures in pre-war Iraq intelligence made headlines in US newspapers, which questioned Saturday how US President George W. Bush and his war planners used the data to justify the war.
Germany's ruling coalition of Social Democrats and Greens pledged on Saturday to fight the next general election in 2006 together and made clear major new policy initiatives are off the agenda for now.
President Mikhail Saakashvili, confronting disturbances in a separatist region, said on Saturday Georgia wanted no resumption of war but vowed to repel any "aggression" that might threaten his ex-Soviet state.
Israel has asked Washington to prevent any Security Council resolution after the UN's highest court ruled its West Bank barrier was illegal, Foreign Minister Silvan Shalom said on Saturday.
Hundreds of US soldiers from special anti-terrorist units will be based under NATO command at a military airport near Athens for the duration of next month's Olympic Games to be mobilised in the event of a major crisis, a Greek daily said Saturday.
Malaysia will ask France to try to prevent the European Union from abandoning the Asia-Europe Meeting (ASEM) scheduled for Vietnam in October, a report said Saturday.
India and Singapore called for close international co-operation to deny sanctuary to "terrorists," in a joint statement on Saturday during a visit here by Prime Minister Goh Chok Tong.
New Egyptian Prime Minister Ahmed Nazif made his first cabinet appointment on Saturday, telling UN ambassador Ahmed Aboul Gheit that President Hosni Mubarak wanted him as foreign minister.
Saudi Arabia has prepared the ground for municipal elections promised by the absolute monarchy and will start organising election centres and voter lists later this year, a government minister said on Saturday.
Sri Lankans voted on Saturday in local elections seen as a test of the three-month-old government's popularity, which analysts hope could provide fresh impetus to restart stalled peace talks with Tamil rebels.
Japanese Prime Minister Junichiro Koizumi vowed to heed public criticism over Iraq and pension reforms as he wound up 17 days of campaigning Saturday on the eve of the country's upper house election which could shake his grip on power.
It is a matter of satisfaction that Population Welfare Department this year also celebrates World Population Day on 11th July 2004 likewise last years since 1994. Every year UNFPA announces a topic related to socio economic issues.
It is a matter of great pleasure that Population Welfare Department since last decade has been commemorating "World Population Day" by planning series of activities throughout the Province up to the grass root level.
Pakistan, alongwith other member states of the United Nations, are observing the World Population Day. The occasion marks the tenth anniversary of the International Conference on Population and Development (ICPD) held in 1994 for taking major initiatives
It is my enormous pleasure to note that Population Welfare Department Sindh alongwith global community is commemorating World Population Day on 11th July 2004. It is also a matter of pride that Pakistan is an active partner of other countries, endeavourin
I take this opportunity to convey my expressions at the important occasion of World Population Day 2004, which is celebrated in commemoration of 11th July 1987 when the population of the planet earth reached 5 billion.
Today as we celebrate World Population Day, we also celebrate the 10th anniversary of the historic International Conference on Population and Development.
This year's observance of world population Day coincides with the 10th anniversary of the International Conference on Population and Development, and thus offers an opportunity to reflect on the progress that has been made since that landmark event.Ten ye
The World Population Day is observed every year under the auspices of the United Nations to highlight the consequences of rapid population and its implications for socio-economic development.
Pakistan joins the global community in observing the World Population Day and reaffirms its commitment made at the International Conference for Population and Development (ICPD) at Cairo in 1994.
Hungary has made the transition from centrally planned to a market economy, with a per capita income of one-half that of the Big Four European Nations. Hungary continues to demonstrate strong economic growth and had work toward accession to the European U
The Punjab government has chalked out a comprehensive strategy to exploit the full potential of tourism, said Tourism Secretary and Tourism Development Corporation of Punjab (TDCP) Managing Director Hasan Nawaz Tarar.
Six mobile units of Shahbaz Rangers were on Saturday dispatched to Khairpur Feeder Canal, Mirwah Canal, Sindh Wah and B. S. Feeder Canal commandment area for deployment there for round-the-clock checking of water thefts and other illegal activities at wat
Aqalliati Marvari Association President Lala Mehr Lal Bheel has appealed to the Bheel community in constituency NA-229 to vote for Pakistan Muslim League candidate Shaukat Aziz in the coming bye-elections.
Could someone more learned please educate me as to what heavens would have fallen apart if Jamali had tendered his resignation after another six weeks or so by which time Shaukat Aziz would have been returned to the National Assembly from Tharparker and A
Social crimes in Lyari town, an extremely neglected part of Karachi, have increased manifold and now reached such an extent that many families are compelled to migrate from the area as it has almost turned into a "No Go Area" of the city.
The NWFP Government has referred property tax case to the Islamic Ideology Council (IIC) to decide the cases whether property tax can be collected under Islamic law.
Sporting long sideburns, a goatee and black baseball cap, instructor Ralph Echemendia has a class of 15 buttoned-down corporate, academic and military leaders spellbound. The lesson: hacking.
It is heartening to note that the government is conscious of the prevalent high power tariffs, and has taken various measures recently in the direction of generating low cost electricity.
With the registration of new companies under the Companies Ordinance, 1984 beating previous records month after month over the past several years, the available figures for June 2004 will certainly make an unmistakable testimony to the resilience of the p
A number of Pakistan's trade missions abroad, including those in South Africa, Kenya, Saudi Arabia, Bangladesh, Thailand, Iran, Uzbekistan etc, have reportedly sent suggestions to the ministry of commerce designed to increase exports from Pakistan to thes
A rain emergency centre has been established at the City Complex, Civic Centre Karachi to cope with expected downpour. Rajapal Sataypall has been made the overall Incharge of the centre, where people would be able to lodge their complaints on phone no 923
Punjab Health Minister Dr Tahir Ali Javed has said that the government has made arrangements for free vaccination of 1.8 million children up to the age of one year, against hepatitis B as infants are more prone to the disease than adults.
The Cemag Anlagenbau GmbH, a leading German engineering company engaged in cement plant designing, manufacturing, and installation, is organising a three-day seminar on 'The Technical and Efficient Special Cement Plant Equipment" at a local hotel here Isl
The 'one-window' operation, it appears, has remained confined to newspaper columns and public statements by ministers. How this system, which has never worked perfectly, has been blown to pieces and how the tax payers are made to suffer can be seen at the
House Building Finance Corporation (HBFC) sanctioned 2,688 cases under its "Ghar Aasan Scheme" and approved Rs 1,067 million for the purpose, out of which Rs 996 million disbursed during 2004 up to May.
The steering committee of the World Health Organisation (WHO) has decided to extend the designation of the Department of Medical Education (DME) of the College of Physicians and Surgeons Pakistan (CPSP), as WHO collaborating Centre for 'Training in Resear
Vintage and Classic Car Club of India (VCCCI), ASN of Federation International Vehicules Ancients (FIVA), Western India Automobile Association (WIAA) and Pakistan Motor Sports Association (PMSA) are holding a 'Vintage and Classic Car Rally' from India to