News Archives for Print - 2022-05-10

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Print - 2022-05-10

Energy

Asia’s gasoline margins firm

SINGAPORE: Asia’s gasoline crack inched higher on Monday after rising 17.7% last week, buoyed by expectations of...

Published 10 May, 2022 06:35am

Commodities

China April refined tin output rises

BEIJING: China’s refined tin output from major smelters surged 14.4% in April from the previous month, ...

Published 10 May, 2022 06:35am

Commodities

China iron ore futures tumble as Covid curbs fan demand woes

BEIJING: Chinese iron ore futures plunged more than 6% on Monday, falling for a second straight session and denting...

Published 10 May, 2022 06:35am

Commodities

South Korea’s KFA tenders for up to 69,000 tonnes of corn

HAMBURG: The Korea Feed Association (KFA) has issued an international tender to purchase up to 69,000 tonnes of...

Published 10 May, 2022 06:35am

Energy

Gasoil cash premiums inch up, cracks dip

SINGAPORE: Asia’s cash premiums for 10 ppm gasoil edged higher on Monday, supported by steady buying interests in...

Published 10 May, 2022 06:35am

Sindh LG polls: Nomination papers can be submitted from today

KARACHI: The Election Commission of Pakistan (ECP) will start receiving nomination papers for the first phase of...

Published 10 May, 2022 06:20am

IFC appoints new country manager for Afghanistan & Pakistan

KARACHI: IFC has named Zeeshan Sheikh as its new country manager for Afghanistan and Pakistan. Sheikh will aim to...

Published 10 May, 2022 06:20am

Industry

Economy cannot sustain current level of trade deficit: FPCCI

KARACHI: President FPCCI, Irfan Iqbal Sheikh said that the economy cannot sustain the current level of trade ...

Published 10 May, 2022 06:20am

Commodities

Centre to assess Sindh’s wheat stock position: minister

KARACHI: Federal Minister Tariq Bashir Cheema Monday said that the federal government has decided to assess the ...

Published 10 May, 2022 06:20am

Customs arrests Nigerian drug peddler

KARACHI: Model Customs Collectorate (MCC) Jinnah International Airport (JIAP) Karachi on Monday claimed to have...

Published 10 May, 2022 06:20am

Water shortage: JI decides to besiege KWSB head office

KARACHI: Jamaat-e-Islami (JI) Karachi chapter chief Engr Hafiz Naeemur Rehman has announced to besiege the head...

Published 10 May, 2022 06:20am

Severe heat wave to strike Sindh tomorrow

Karachi expected to see maximum temperature between 38 degrees Celsius and 40 degrees Celsius from May 13 to 14

Updated 10 May, 2022 08:10pm

Energy

Petroleum sales grow 30pc YoY, 19pc MoM

KARACHI: Total petroleum sales reached 2.18 million tons in April 2022, registering an increase of 30 percent on...

Published 10 May, 2022 06:20am

FY22: Jul-Apr cement despatches fall 8.22pc to 44.3m tons

LAHORE: Cement despatches (both domestic and exports) during the first 10 months of current financial year 2021-22...

Published 10 May, 2022 06:20am

Stocks

UAE to reveal identities of stock market rules violators

DUBAI: The United Arab Emirates will reveal the identities of violators of stock market rules, vice president and...

Published 10 May, 2022 06:20am

Rising exports to China termed ‘a good sign’

LAHORE: Welcoming surge in Pak exports to China, analysts believe that provision of cheap electricity to the ...

Published 10 May, 2022 05:51am

ASI held for stealing gold, Rs2m cash from national kitty

LAHORE: The Anti-Corruption Establishment (ACE) Punjab on Monday arrested an Assistant Sub-Inspector (ASI) for...

Published 10 May, 2022 05:51am

Money & Banking

World Bank assures govt of support on implementation of future projects

ISLAMABAD: The World Bank Regional Vice President for South Asia, Hartwig Schafer on Monday held a meeting with...

Published 10 May, 2022 05:51am

Security in Lahore put on high alert

LAHORE: Deputy Inspector General (DIG) Operations Lahore Dr Abid Khan Monday ordered for putting security on high...

Updated 10 May, 2022 08:09pm

Industry

Importers, exporters: FBR will be bound to decide disputes within 120 days of ADRC recommendations

ISLAMABAD: The Federal Board of Revenue (FBR) would be bound to issue the final order to decide the disputes of...

Published 10 May, 2022 05:51am

LG polls from June 26: Sindh CS assures ECP of all required facilities

KARACHI: Chief Secretary Sindh Dr Muhammad Sohail Rajput said that the Sindh Government would provide all possible...

Published 10 May, 2022 05:51am

Asia

Marcos’ son leading in Philippines presidential election

MANILA: Ferdinand Marcos Jr looked on course for a huge victory in the Philippines presidential election on Monday,...