Yen falls, Australian dollar gains as U.S.-China trade angst eases

Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.

Sri Lanka risks EU trade concessions over political slide back – envoy

The European Union is worried the return of Mahinda Rajapaksa, as prime minister, could derail halting progress made towards national reconciliation following a war with ethnic minority Tamil separatists that killed tens of thousands, many during the final stages under his watch as president.

Chip sector slowdown hits Swiss tech group Comet

Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.

PM confident of future despite ‘plunder’ by previous govts

  Khan says past govts not only overburdened the country with excessive debts but also spoiled the institutions ISLAMABAD: The prime minister said on Friday that...

Govt committed to decreasing cost of doing business, improve ease of doing business: PM

The government is also working on developing a national tariff policy to address issues of the business community and to remove anomalies in the existing tariff structure

Govt establishes business council to create jobs and enhance exports

From a total of 20 private sector members, four are from the textile sector, two from the cement sector and others from sports goods, automobile, logistics, retail, petrochemical, engineering and computer businesses

Asad Umar presents amendments to budget for ongoing fiscal year

Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.

Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan

At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.

Asian shares tripped up by new U.S. tariff threat

U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday.

‘Eighteen’ all set to strengthen its foothold in Dubai

DUBAI: Eighteen, a world class lifestyle destination development, has expanded its presence in UAE as it participated in one of Pakistan’s most successful real estate...

‘FTA between Pakistan, Turkey imperative for bilateral growth’

ISLAMABAD: Former ambassador Shahid Amin has said that Free Trade Agreement (FTA) between Pakistan and Turkey can potentially increase bilateral trade. In an interview on Saturday,...

Iran accuses KSA, Russia for taking oil market as ‘hostage’

LONDON: Iran’s Organization of the Petroleum Exporting Countries (OPEC) governor said on Saturday that Saudi Arabia and Russia have taken the oil market ‘hostage’...

China says Russian involvement pivotal in Belt and Road Initiative

BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at the Chinese...

Govt urged to take stakeholders on board for EDI protocols

-- Council suggests comprehensive review of import valuations to stem misuse and under-invoicing Pakistan Business Council (PBC) has urged the government that protocols for Electronic...

Chinese trade mission to visit Pakistan on 26th

ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors, would visit...

Popular News

Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

Latest News

Pakistan’s exports will increase up to $36bn in 5 years: IMF

ISLAMABAD: The International Monetary Fund (IMF) has projected that Pakistan’s exports will increase to USD 36.7 billion in five years, by the year 2023-24. The...