Trump asks China to lift tariffs on US farm products

WASHINGTON: US President Donald Trump said he had asked China to immediately remove all tariffs on US agricultural products because trade talks were progressing...

CPI-based inflation increases by 8.21pc in February

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by 8.21pc in February 2019 as compared to the same month of last year. On...

US personal income falls; spending weakest since 2009

WASHINGTON: US personal income fell for the first time in more than three years in January as dividends and interest payments dropped,...

KCCI invited to participate in US investment summit

KARACHI: Mark Russel, the Senior Commercial Officer at Consulate General of the United States of America, has invited the Karachi Chamber of Commerce...

Indian economy may decelerate further

SBI chief economist forecasts growth to decline to 6.2pc in the January-March quarter and below 6pc in the June quarter  NEW DELHI: Billions...

Singaporean investors keen to become part of CPEC

'Business community of Singapore can take advantage of Pakistan's geographic location as a center point to the South Asian, Central Asian,...

Stock market turns bullish, gains 484 points

KARACHI: The Pakistan Stock Exchange (PSX) managed to end the last session of the week in green amid positive sentiments. Indices traded positive...

Uber in advanced talks to buy Middle East rival Careem

Uber Technologies Inc is in advanced discussions to buy its Dubai-based rival Careem Networks FZ, Bloomberg reported on Thursday, citing people familiar...

Registered Afghans can open bank accounts in Pakistan: SBP

Afghan refugees holding a valid Proof of Registration (PoR) card are allowed to open bank accounts in Pakistan, said the State Bank...

Amazon ups its anti-counterfeit game

WASHINGTON: Amazon on Thursday announced a new initiative to crack down on the sale of counterfeit goods on its platform which could...

Huawei racks up 5G deals at top mobile fair despite US pressure

BARCELONA: Chinese telecoms giant Huawei racked up a slew of deals to sell 5G equipment at the world's top mobile fair in Spain...

US companies put record number of robots to work in 2018

US companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of...

BMW, Daimler pool resources on automated driving technology

The market for autonomous vehicles is expected to grow to $96bn in 2025 and $290bn in 2035 FRANKFURT: Daimler and BMW deepened...

Stock market rebounds as PM offers peace

After a negative start to the day, the index changed its direction to end 361 points higher KARACHI: The Pakistan Stock Exchange...

Impact of Pak-India tensions spreads from Asia to European markets

Global stocks traded lower on Wednesday after fresh hostilities between India and Pakistan led Asian assets to slip and investors sought “safe...