Uncertainty for staff at Felixstowe office of South Korean shipping line Hanjin

The trade organization forecasts that major US retail container ports will handle 1.61 million Twenty-Foot Equivalent Units this month, down 0.6% from the same month previous year, and said that "all parties" must work together to ensure that cargo g... More..

by | Published more than a month ago
Asian stocks mostly rise on hopes for higher U.S. rates
by | Saturday, September 10, 2016

Asian stocks mostly rise on hopes for higher U.S. rates

Spot gold edged up 0.3% to $1,314.61/oz after tumbling as low as $1,308.65 on Tuesday, its lowest since late June, pressured by the stronger dollar and growing expectations of higher United States rates. THE QU...More..

Asian stocks rise as tepid jobs report stokes low rate hopes
by | Friday, September 09, 2016

Asian stocks rise as tepid jobs report stokes low rate hopes

Japan's Nikkei 225 index rose 0.3 percent to 17,081.98 and South Korea's Kospi added 0.3 percent to 2,066.53. US stocks retreated on Tuesday as the overall hawkish comments by Fed officials spurred market e...More..

Yellen hints at Federal Reserve interest rate hike
by | Friday, September 09, 2016

Yellen hints at Federal Reserve interest rate hike

Yellen said the economy was nearing the central bank's goals of maximum employment and price stability, but she maintained that future hikes should be "gradual". Gold stocks jumped on a 1.1 percent gain in the ...More..

Applications for unemployment benefits slipped last week
by | Friday, September 09, 2016

Applications for unemployment benefits slipped last week

The U.S. Department of Labor has released another low reading on weekly jobless claims. This release is the 79 consecutive figure that stands below the value of 300,000, a direct outcome of the healthy condit...More..

India's richest man rolls out 4G network, to reach more than 80%
by | Friday, September 09, 2016

India's richest man rolls out 4G network, to reach more than 80%

However, incumbent carriers have said they do not have the network and the financial resources to adjust huge traffic coming in from Reliance Jio. The promotion, coined the "Welcome Offer" by Reliance Indust...More..