Pakistan sees 2019 GDP growth at 3.3pc, sharply below target

ISLAMABAD: Pakistan’s Finance Ministry expects economic growth in the financial year ending in June to hit 3.3pc, well below a target of 6.2pc...

Govt to form working group for implementation of FATF conditions

The government has decided to introduce a mechanism to monitor lawyers, chartered accountants, real estate and expensive stones’ dealers, and all designated...

China to curb some technology exports to US

SHANGHAI: China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said on...

Chinese company to finally acquire K-Electric this year

'If no hiccup comes in the way, Shanghai Electric will take over K-Electric by Sept-Oct 2019' China’s Shanghai Electric Power (SEP) is...

US leaves door open to China on trade talks at G20

The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will wait until...

‘PR earned Rs1bn during Eid days’

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday that Pakistan Railways (PR) earned Rs one billion during Eid days. Addressing a press conference...

Trump calls off Mexican tariffs after immigration deal

US President Donald Trump says he has suspended plans to impose tariffs on Mexico, tweeting that the country "has agreed to take...

G20 finance chiefs discuss measures to guard against economic risks

With the outlook of the global economy clouded by the ongoing US-China trade war, finance leaders from the Group of 20 nations...

US tariffs on Mexican goods ‘still on track’ for Monday despite progress

US and Mexican negotiators resumed migration talks on Friday as the two sides edged closer to a trade war that could hobble...

Zulfi Bukhari vows investor facilitation, invites British businessmen to Pakistan

PM's special assistant plans to visit Silicon Valley next month to seek investment in Pakistan's IT sector  LONDON: Special Assistant to Prime Minister...

Pakistan, other BRI countries reject China’s ‘debt trap’ theory: report

CPEC projects have so far provided 75,000 direct jobs to Pakistanis BEIJING: Pakistan and other member countries of Belt and Road Initiative have...

Govt urged not to impose new taxes on beverages

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) former president and Businessmen Group (BMG) Chairman Siraj Kassam Teli has requested the government not...

‘China has tools to handle trade war’

BEIJING: China's central bank chief said on Friday that the country has plenty of policy tools left to handle the trade war with...

Pak Army volunteers to reduce defence expenditure

Prime Minister Imran Khan appreciated the “unprecedented” and “voluntary initiative” of the Pakistan armed forces to reduce defence expenditure for the next fiscal year due to the country’s financial situation.

IMF slightly lowers China’s 2019 GDP growth forecast to 6.2%

China on Tuesday issued a pair of travel alerts to its citizens going to the United States, warning them of police harassment and crime.