Business

Interim government decide to not increase petroleum price

By The Frontier Post | June 7, 2018

F.P.Report ISLAMABAD: The interim government has decided not to increase prices of petroleum products, sources said Caretaker Finance Minister Shamshad Akhter said that she would not make a decision like increasing the prices, according to sources. The summary of hike in petroleum prices, forwarded to the prime minister by the finance ministry, has also not…

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Hong Kong stocks climb higher for sixth consecutive day

By The Frontier Post | June 7, 2018

Monitoring Desk HONG KONG: Hong Kong stocks headed higher for a sixth straight day on Thursday following upbeat overnight cues from Wall Street. The Hang Seng Index, poised to extend its longest streak of gains since May 14, advanced 0.6% to hit 31,432.37. China Mengniu Dairy gained 2.4% and pork producer WH Group added 1.4%. Geely Automobile Holdings rose…

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Online shopping trend provide hopes for air freight profits

By The Frontier Post | June 7, 2018

SYDNEY (Reuters): An explosion of e-commerce demand is buoying the air freight business, boosting profit at some major airlines despite global trade tensions and underscoring robust consumer confidence. Air freight demand is expected to rise 4 percent this year, the International Air Transport Association (IATA) said at its annual meeting this week in Sydney. Top…

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