Weakness in China economy gives Beijing incentive for trade deal, says Trump
WASHINGTON: US President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the...
Abraaj nears deal to offload its 66pc stake in K-Electric to Chinese group
Private equity firm Abraaj is close to reaching agreement with the Pakistan government to sell its 66 per cent stake in Karachi-based...
Pakistan, UAE finalise talks to build oil refinery, says Fawad Chaudhry
ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday said that the United Arab Emirates (UAE), would build an oil...
Vigilant to global economic risks clouding recovery, says Japanese PM
TOKYO: Japan’s government will keep a close eye on looming risks to a global economic recovery as it guides policy, Prime Minister...
Kuwait reiterates request to Dubai to release $496 million frozen funds
DUBAI: Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to...
White House signals some compromise in ending U.S. government shutdown
Large chunks of the federal government shut down on Dec. 22 after lawmakers and the president hit an impasse over Trump’s demands to build a wall
Tuna sells for record $3 million in auction at Tokyo’s new fish market
TOKYO: The owner of a Japanese sushi restaurant chain on Saturday set a record by paying more than $3 million for a...
China’s Chongqing to step up support for real economy
SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing...
Indian court declares tycoon Mallya a ‘fugitive economic offender’
MUMBAI: A court in India set up under anti-money laundering laws declared liquor and aviation tycoon Vijay Mallya a “fugitive economic offender”...
France presses Renault over executive compensation paid via Dutch holding company
PARIS: The French government has told Renault to provide more details on compensation paid to senior executives via a Dutch holding company...
Neelum-Jehlum to produce electricity at full capacity from April
ISLAMABAD: Neelum Jhelum Hydroelectric Power Project is bracing up for full generation during the next high flow season that is due to...
Mercedes aims to be among top two players to scale autonomous tech: paper
FRANKFURT: Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the...
Iran’s central bank proposes slashing four zeros from falling currency: IRNA
DUBAI: Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency...
China lent $684 million in first five months of current fiscal year 2018-19
Overall, Pakistan has received $1.86 billion loan and grants from July 2018 to November 2018
US employers went on a surprising hiring spree in December
The job gains reported Friday by the Labor Department came despite a trade war with China, a global slowdown and a partial government shutdown now entering its third week