Chinese tech investors flee Silicon Valley as Trump tightens scrutiny

SAN FRANCISCO: New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in US technology...

Pakistan says UAE’s financial assistance to shore up economy

Chaudhry did not give any details about any further assistance through deferred oil payments, which he said late last year the UAE would be extending to Pakistan on top of the loan

Residential real estate prices in Dubai may decline by 5pc

DUBAI: Residential real estate prices in Dubai could fall by 5pc to 10pc in 2019, weakened by new supply, a strong dollar and...

Govt urged not to deprive Sindh of its constitutional right in supply of gas

APTMA chief says low gas pressure is causing disturbance in production lines, delays in exports and damages to costly plants and...

Minister calls for stringent measures to curb profiteering, hoarding

ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar, while chairing a presentation by the Statistics Division in Islamabad on Monday, has said that the government...

PSX reacts to assurances from Abu Dhabi, index gains over 1,000 points

KARACHI: Bulls took over Pakistan Stock Exchange (PSX) on the first trading session of the week. Stocks rallied, appreciating over 900 points in...

China has ‘good faith’ to fix trade issues as talks with US resume

BEIJING: China has the “good faith” to work with the United States to resolve trade frictions, the Foreign Ministry said on Monday, as...

China’s forex reserves fall in 2018 as slowing economy, trade war weigh

China’s foreign exchange reserves - the world’s largest - fell by $67.24 billion last year to $3.073 trillion, central bank data showed on Monday

UAE has assured to steer Pakistan out of current economic crisis: Petroleum Minister

On Sunday, Minister for Information and Broadcasting Chaudhry Fawad Hussain said the United Arab Emirates (UAE), would build an oil refinery in Pakistan, and talks for the huge investment had been finalised during the visit of Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

Global trade slowdown likely to weigh on Pakistan’s exports: Fitch Solutions

Pakistan's external account woes to continue says the research agency

Govt directs domestic refineries to use ‘deemed duty’ for upgradation of facilities

According to a notification issued by the Ministry of Energy (MoE), the government has directed refineries to sign commercial agreements with power producers for using their capacity for furnace oil storage

Pakistan’s budget deficit projected to clock at 6% for FY18-19: Fitch Solutions

Revenue growth is likely to be dragged down by the poor economic growth outlook, said the research agency

SBP likely to keep interest rates unchanged for remainder of FY18-19: Fitch Solutions

It warned from a long-term perspective, money and credit growth remain troublesome and indicate inflation pressures are probably going to remain fairly high

Pakistan, UAE agree to bolster bilateral economic relations

To counter white collar crimes, including money laundering, the two leaders instructed the authorities concerned to expedite the finalization of the Mutual Legal Assistance Agreement (MLAA)

Southeast Asia wary of China’s Belt and Road project, skeptical of US, reveals survey

SINGAPORE: Southeast Asian countries should be cautious in negotiating with China on its flagship Belt and Road Initiative (BRI) to avoid being...