China hikes tariffs on US goods after Trump warning
BEIJING:Â China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list, hitting back...
Motorcycle production falls 10pc to 1.6mn units in eight months
The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879...
NA’s finance committee elects Asad Umar as chairman
ISLAMABAD:Â The National Assembly's Standing Committee on Finance, Revenue and Economic Affairs on Monday unanimously elected MNA Asad Umar as its chairman.
The NA...
Secured transactions registry established at SECP
ISLAMABAD:Â The federal government has entrusted the function of Secured Transaction Registry (STR) for unincorporated entities to the Securities and Exchange Commission of...
Trump warns China not to retaliate against US trade tariffs
WASHINGTON:Â President Donald Trump on Monday warned China not to retaliate after Washington raised punitive duties on $200 billion worth of Chinese imports...
Car sales decline 14pc in April
Over 17,000 passenger cars were sold during the month of April 2019, according to a Pakistan Automotive Manufacturer's Association (PAMA) report. The...
PSX plunges 816 points as IMF deal fails to trigger positivity
KARACHI:Â Trading at the Pakistan Stock Exchange (PSX) started on a bullish note on Monday amid the perception that the much-awaited announcement regarding...
Two Saudi oil tankers damaged in ‘sabotage attack’ off UAE
RIYADH:Â Two Saudi oil tankers were damaged in a "sabotage attack" off the United Arab Emirates coast, the official Saudi Press Agency reported...
IMF agrees to lend $6bn to Pakistan over three years
---IMF official says programme to support country's growth by reducing imbalances, improving business environment
ISLAMABAD:Â The Pakistani authorities and the International Monetary Fund (IMF)...
Govt urged to curb smuggling of steel via land routes
'Import of steel items should be allowed only from the sea route as it will be easier for customs to control...
Customs collect Rs450m in 10 months amid crackdown on currency smuggling
The operations arm of Pakistan Customs has taken vigorous actions to counter the illicit movement of currency, which is the primary tool...
Pakistan, FATF teams to meet in Sri Lanka on 13th
A meeting between Pakistan and the Financial Action Task Force (FATF) team has been scheduled on May 13th in Sri Lanka, wherein...
Plastic imports decline 6.91pc in nine months FY19
ISLAMABAD:Â The import of plastic materials into the country during the first nine months of the current fiscal year has decreased by 6.91...
Offshore drilling near Karachi coast in final phase
Petroleum Minister Omar Ayub Khan on Saturday visited the site of the offshore drilling near the Karachi coast to review the pace...
‘Impossible’ to work on gas pipeline under US sanctions, Pakistan tells Iran
Pakistan has informed Iran in writing that it cannot execute the Iran-Pakistan gas pipeline project as long as Tehran is under the...