China warns U.S. ‘opening fire’ on world with tariff threats

U.S. President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as a total of $450 billion in Chinese goods if Beijing retaliates, with the row roiling financial markets including stocks, currencies and global trade of commodities from soy beans to coal

Senate panel directs PIA to expand its fleet and network

PIA CEO Musharraf Rasool Cyan said four new aircraft are expected to be inducted by the end of the current year

Pakistan LNG cancels tender after high offers

The company still has a separate tender seeking five cargoes of the super-chilled fuel for September to October delivery

Response to tax amnesty scheme remains muted: Report

According to figures of the State Bank of Pakistan (SBP), initial estimates for April 10th to June 30th reveal Pakistani’s paid $290 million in taxes on nearly $6 billion of declared assets

PTI proposes Centralised Knowledge Economy Authority to boost IT exports

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) plans to establish a Centralised Knowledge Economy Authority (CKEA) with an objective of making Information Technology (IT) the...

MoP&D holds seminar on’ Accelerating Growth for Employment Generation’

ISLAMABAD:  A one-day seminar on "Accelerating Growth for Employment Generation" was held on Wednesday in the Ministry of Planning Development and Reform. The seminar was...

EDB staff allege lobby in auto sector protecting their corrupt CEO 

ISLAMABAD: While the Engineering Development Board (EDB), the apex government body under the Ministry of Industries and Production (MoI&P) entrusted to strengthen...

KCCI appreciates FBR’s move to extend amnesty scheme

KARACHI:  Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik, while appreciating the recent move by the Federal Board of...

National Saving’s employees on strike demanding better wages, work environment

KARACHI: Over 7 million clients comprising senior citizens, pensioners, widows and orphans are facing difficulties as employees of National Savings have been...

Inflation in June accelerates to 5.21pc amid rising POL prices, rupee-devaluation

KARACHI: Pakistan’s annual inflation rate in June spiked to 5.21 per cent from 4.19 per cent in May - the biggest increase...

Market Daily: PSX bleeds heavy as it sheds 1,218.74 points

The KSE 100 dropped to intraday low of 40,274.72 moving a little closer to its 52-week low of 37,736.73. It finally settled at 40,345.68 after losing 1,218.74 points.

In Trump spawned trade spat, Xi faces hurdles bashing American brands

BEIJING: As a trade war looms, one of Chinese President Xi Jinping’s biggest weapons could be boycotts of American brands by his...

‘Agriculture in Europe to decline as Asian output grows’

PARIS: Agricultural production in Western Europe is set to decline over the coming decade, with output in Africa and Asia expected to...

US plan to end Iranian oil exports ‘a fantasy’: Rouhani

GENEVA: A plan by the United States to cut Iran’s oil production to zero is a “fantasy”, Iranian President Hassan Rouhani said...

Rs180bn loan adjusted through consumer tariff

PML-N govt decided to finance commercial bank loans through a surcharge, Senate body told