Asia shares dazed by trade uncertainty, U.S. jobs risks

Oil prices regained a little ground after a rough week but was still vulnerable to worries about global demand and oversupply

IMF warns US about trade risks and financial vulnerabilities

The IMF criticised US regulators for offering “little institutional response to counter these growing risks” and for instead easing regulatory constraints.

Trump tariffs could sink Mexican peso to lowest point this year: analysts

Jesus Lopez, an analyst at the Banco Base, said it is difficult to envision a sustained appreciation of the currency because the country’s credit profile may continue to weaken.

China warns its companies on US travel, rebuffs trade criticism

BEIJING/WASHINGTON: China warned its companies operating in the United States on Tuesday they could face harassment from US law enforcement agencies, as it...

FBR seeks info of account holders having deposits above Rs0.5m

The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits...

Interest-free loans for meritorious students approved

The apex committee for Student Loan Scheme, having representation from State Bank of Pakistan, Finance Division and five major banks (NBP, HBL,...

Industrial development imperative for economic uplift: Dawood

PM's aide says Pakistan's economic situation is not as bad as being portrayed by some quarters ISLAMABAD: Adviser to Prime Minister on Commerce...

Trump promises Britain a substantial post-Brexit trade deal as protesters gather

LONDON: Donald Trump promised Britain a substantial post-Brexit trade deal with the United States on Tuesday, quipping to outgoing Prime Minister Theresa May...

Dollar gains strength in interbank market ahead of holidays

The value of the greenback increased by Re0.75 in the interbank market and the dollar was traded at Rs148.90 ahead of Eidul...

Free remittance service for overseas Pakistanis launched

Communications and Postal Services Minister Murad Saeed on Monday announced a new initiative to facilitate Pakistanis living abroad. According to a local media...

British Airways desires to increase destinations in Pakistan: official

ISLAMABAD: British Airways Chief Commercial Officer Andrew Brian has expressed the desire to start the airline's operations in other cities of Pakistan after...

CPI inflation up by 9.11pc in May

ISLAMABAD: The Consumer Price Index (CPI)-based inflation increased by 9.11 per cent in May 2019 as compared to the same month of last...

CDC to facilitate 600 businesses with sales tax refund payments

Businessmen urged to open a sub-account or investor account with CDC in order to receive payments through refund bonds ISLAMABAD: The Central Depository...

PSX plunges 469 points ahead of Eid

KARACHI: The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...

Airlines want joint lifting of 737 MAX ban, but EU cautious

SEOUL: Airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX in a bid to avoid damaging...