Operators fail to upgrade system: Poor cellphone service
KARACHI, Aug 18: When you are stuck in your office or somewhere in a disastrous situation mobile phones are the last hope that keeps you connected with your family members at home....
Govt focusing on jobs, income generation: PM
ISLAMABAD, Aug 18: Underlining the importance of advancement in the industrial sector for development and prosperity, Prime Minister Shaukat...
Potential of Gwadar Port not yet exploited
KARACHI, Aug 18: Ports and shipping experts feel that the potential offered by Gwadar Port are not being fully exploited and there is a need to look into all aspects surrounding...
Japan prepares Islamic bonds
TOKYO, Aug 18: Japan is looking to become the first major industrialised nation to issue Islamic bonds in hopes of attracting money from oil-rich Muslim countries, a bank official said on Friday.Islamic...
Stocks resist fresh fall on short-convering
KARACHI, Aug 18: Stocks on Friday resisted fresh fall as a section of investors covered positions on selected counters at the lower levels but the rally was too feeble to generate strong speculative buying....
Trading gets slow on cotton market
KARACHI, Aug 18: Trading activity on the cotton market on Friday remained cheerless as post-Thursday rain scenario kept buyers and sellers away owing to delivery problems....
Oil prices rise on Iran’s crisis
LONDON, Aug 18: Crude prices rose on Friday, despite ducking under $70 in New York, as traders switched their focus to the nuclear energy crisis in Iran....
Microsoft boosts share buyback programme
NEW YORK, Aug 18: Software giant Microsoft said on Friday it was boosting its huge share buyback programme by a hefty $16.2 billion....
Chile’s copper mine halts operations
ANTOFAGASTA, (Chile) Aug 18: Chile''s Escondida, the biggest copper mine in the world, has suspended operations and broken off talks with the union as a strike that has polarised opinion about union wages entered its 12th day....
Ireland’s trade surplus
DUBLIN, Aug 18: Ireland''s trade surplus narrowed by almost 28 per cent to 2.378 billion euros ($3.063 billion) in June from May, official data showed on Friday....
Palm oil up on fresh buying
KUALA LUMPUR, Aug 18: Malaysian crude palm oil futures closed marginally higher on Friday, halting four straight days of decline due to fresh buying interest....
Indian inflation rises
NEW DELHI, Aug 18: India’s inflation rate jumped by more than a fifth of a percentage point to 4.82 per cent as manufactured goods became more expensive, official data released on Friday showed....
Port Qasim
KARACHI, Aug 17: Brisk shipping activity was witnessed at the port where four ships scheduled to load/offload containers, cement, edible oil and furnace oil were accommodated on berths at QICT, MPT and Fotco oil terminal, respectively, during the last 24 hours....
Karachi Port operations
KARACHI, Aug 18: Six vessels carrying containers, sugar and to load cement are expected to arrive at the outer anchorage on Saturday, according to KPT sources....