Govt rejects notions of hesitation in implementing ADP 2016-21

ISLAMABAD: The authorities have rejected notions regarding perceived hesitation in execution of the Automotive Development Policy 2016-21. In a telephone interview to Dawn,...

Shanghai Electric withdraws bid to acquire 66.4 percent of K-Electric

LAHORE:  A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to...

FBR, Commerce division clash over revised China-Pakistan FTA

ISLAMABAD: The Federal Board of Revenue and Commerce division are said to have clashed over the China-Pakistan revised Free Trade Agreement (FTA). This...

LHC stops government from implementing Audit Policy 2016

ISLAMABAD: The Lahore High Court (LHC) has stopped the federal government from implementing new audit policy due to transparency fears in selection...

Govt to stop cotton imports during harvest season

ISLAMABAD: Considering stagnation of cotton production in last four years, the government has decided to stop cotton imports during harvest season to...

China warns trade war would harm all sides, appeals for cooperation

BEIJING:  A top Chinese official warned Sunday that a “trade war” would harm all sides but gave no indication of Beijing’s possible...

Punjab focuses on cotton cultivation, subsidies to get quality yield

LAHORE: There is a complete ban on the cultivation of cotton in the province before the start of April due to chances of...

G20 to monitor crypto-currencies, keen to regulate industry

BUENOS AIRES: The top 20 economies of the world have agreed to keep an eye on cryptocurrencies and financial policymakers are keen to...

FIA seeks fact-finding report over inquiry of corruption in PSQCA

ISLAMABAD: Federal Investigation Agency (FIA), which had earlier started an inquiry into corruption and illegal appointments at Pakistan Standard Quality Control Authority...

Seven Pakistani entities added to US export control list

The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures,...

Chairman OIC FPCC for increasing trade with Afghanistan

PESHAWAR: The Chairman Council of OIC Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Haji Naseem ur Rehman has said that...

Is Bitcoin still a safe-haven asset?

LONDON: Recently, the global asset markets have been roiled by concerns that the United States and China may soon enter a trade...

Oil price crosses $70 as Iran deal tensions linger

DOHA: Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security...

FPCCI president urges govt to honour its commitment on release of refund claims

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Ghazanfar Bilour has urged the government to honour its commitment and start processing...

Globalists buck US index fund trend

NEW YORK: Volatility in US equity markets this year is pushing investors not only to invest in stocks abroad, but also to...