U.S., China sketch outlines of deal to end trade war: sources

Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

Finance Division clarifies news about current account deficit

Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.

Yen falls, Australian dollar gains as U.S.-China trade angst eases

Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.

Global shares rally, dollar eases as Trump report fans U.S.-China trade deal hopes

SHANGHAI/TOKYO: Asian shares rocketed to three-week highs on Friday while the dollar softened on a report that U.S. President Donald Trump is taking steps...

IMF’s Lagarde warns trade conflicts dimming global growth outlook

Lagarde, in a speech ahead of the IMF and World Bank’s annual meetings next week in Indonesia, said growth was at its highest level since 2011, but had plateaued, with fewer countries participating in the expansion

Asad Umar presents amendments to budget for ongoing fiscal year

Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.

Asian shares tripped up by new U.S. tariff threat

U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday.

Trump readies tariffs on $200 billion more Chinese goods despite talks: source

Trump, who had already imposed 25 percent tariffs on $50 billion of Chinese goods, said a week ago that he would be adding tariffs on another $200 billion in goods

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans

Election 2018: Political parties release specific plans for CPEC

ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...

22 projects worth $28.6 billion under implementation: Dr Shamshad

At least 22 projects worth $ 28.6 billion are under implementation which included 15 energy projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC).

China’s Li visits Berlin with trade warning for Trump: ambassador

The trade conflict between Europe, China and the United States is high on the agenda for the consultations between Li and Chancellor Angela Merkel in Berlin on Monday.

Commerce secretary inaugurates PHDEC’s head office, reassures future plans

Commerce Secretary Younus Dagha inaugurated the new head office of the Pakistan Horticulture Development and Export Company (PHDEC) on Monday.

Pakistan, Tajikistan agree to substantially increase bilateral trade

Pakistan and Tajikistan Saturday agreed to make joint efforts to substantially increase the bilateral trade, noting that there existed huge economic potential to exploit.

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.

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OECD sees global growth at decade low, blames govts’ indecision

PARIS: The global economy is growing at the slowest pace since the financial crisis as governments leave it to central banks to revive investment, the...