Country’s direct investment dips by 2.8pc to $1.382bn in July-Dec 2017
KARACHI: The country’s Direct Investment (DI) has dipped again by 2.8 per cent to $ 1.382 billion during the first half of...
Brexit an ‘economic disaster’ for UK and German trade – DIHK
Brexit has been an "economic disaster" for trade and investment ties between the United Kingdom and Germany, leading to a fall in...
Focus: Key trade loophole keeps cheap Chinese products flowing to US
The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows...
China’s April data show economic recovery losing steam, testing policymakers
China's April industrial output and retail sales growth undershot forecasts, suggesting the economy lost momentum at the beginning of the second quarter...
AI experts disown Musk-backed campaign citing their research
Four artificial intelligence experts have expressed concern after their work was cited in an open letter – co-signed by Elon Musk –...
US companies hoarding workers even as economy cools
When storms hammered California's farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt for...
Govt depending on non-tax revenue, borrowing to generate surplus budget: APBF
LAHORE: The All Pakistan Business Forum (APBF) has asked the government to take immediate measures as Pakistan’s medium-term debt repayment capacity has...
US loss of AAA badge a reminder of ‘regime shift’ for govt debt
Financial markets barely flinched when Fitch stripped the United States of its top credit rating, but it served as a reminder of...
Argentina to pay for Chinese imports in yuan rather than dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to...
Wall Street prepares for Treasuries mess as default looms
Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to avoid U.S....
Market Daily: Turbulent session settles positive
LAHORE: The Pakistan Stock Exchange (PSX) witnessed another uncertain session on Tuesday, recovering losses midday. In midst of political turmoil, investors remained...
Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown
OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this...
Mexico not expecting any eminent price shocks: central bank governor
ACAPULCO: Mexico’s central bank does not expect significant shocks to inflation in the short term, the bank’s governor said on Friday, unlike 2017...
Moody’s downgrades US banks, warns of possible cuts to others
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's...
US Congress averts historic default, approves debt-limit suspension
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...