OECD cuts global growth forecast as US-China tensions rise
'Govts must act urgently to reinvigorate growth that benefits all'
PARIS: The OECD on Tuesday cut its forecast for the world economy, urging...
UAE offers golden visas to investors, ‘exceptional talents’
DUBAI: The United Arab Emirates said on Tuesday it has launched a permanent residency scheme to attract wealthy individuals and highly skilled workers...
Pakistan, Bulgaria agree to enhance bilateral trade volume
ISLAMABAD: Pakistan-Bulgaria Inter-Governmental Commission (IGC) on Tuesday agreed to enhance trade and economic cooperation in the information and communications technology (ICT), agriculture, livestock,...
Huawei sees US ‘bullying’ as threat to rules-based trade
'This is not just an attack against Huawei. It is an attack on the liberal, rules-based order. This is dangerous'
'If...
Gold price surges by Rs600, reaches Rs72,100 per tola
ISLAMABAD: The price of 24-karat gold soared by Rs600 on Tuesday and was traded at Rs72,100 per tola, as compared to the last...
Cement exports increase by 30.8pc in 10 months
ISLAMABAD: The export of cement from the country witnessed an increase of 30.89pc during the first ten months of the ongoing fiscal year,...
Trump’s Huawei ban raises hopes for Chinese chip suppliers
SHANGHAI: Washington's blacklisting of technology giant Huawei has taken a toll on US semiconductor shares, but China-listed firms have rallied as investors...
PSX ends 191 points higher amid volatile trading
KARACHI: Another round of volatility continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices that headed towards the south took...
Worries of longer, costlier U.S.-China trade war hits markets
Morgan Stanley analysts warned that a collapse of the trade talks and a lasting breakdown with higher tariffs on all U.S.-China trade would push the global economy toward recession.
US, China bicker over ‘extravagant expectations’ on trade deal
BEIJING/WASHINGTON: China accused the United States on Monday of harbouring “extravagant expectations” for a trade deal, underlining the gulf between the two sides...
Unstoppable dollar sells at Rs152 in open market
KARACHI: The US dollar reached an unprecedented high of Rs152 in the open market on Monday, as the rupee maintained its downturn on...
SBP raises interest rate to 12.25pc as economic slowdown continues
KARACHI: The State Bank of Pakistan (SBP) on Monday increased its benchmark interest rate by 150 basis points (bps) to 12.25 per...
SECP launches investor awareness video series
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched its first investor awareness video series, based on seven themes: capital market,...
Food imports drop 9.85pc in 10 months
ISLAMABAD: The country's food imports dropped by 9.85pc to $4.7 billion in the first 10 months of the current fiscal year, as...
PSX recovers losses to close in green
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on the first trading day of the week, as indices that...