China to halve tariffs on $75 billion of US imports 

BEIJING: China said it would halve tariffs on $75 billion worth of US imports as part of its trade truce with Washington...
KSE-100 REPORT

Bourse turns bearish, KSE-100 sheds 159 points

KARACHI: The Pakistan Stock Exchange failed to sustain bullish trend on Thursday as KSE-100 Index closed on negative note despite upward trajectory...

PSO lands in trouble as default risk mounts

Non-payment may hamper jet fuel supplies to defence forces, commercial airlines

SadaPay, another mobile wallet, aims to disrupt local banking

LAHORE: SadaPay, a mobile wallet, is all set to launch in Pakistan with a different perspective on fees and charges, providing customers ability...

FFC inaugurates ‘agriculture centre’ in Rahim Yar Khan

Fauji Fertilizer Company (FFC) has formally inaugurated its non-profit 'Food Security and Agriculture Center of Excellence' at Rahim Yar Khan with the...

US annual trade deficit shrinks for first time in six years

WASHINGTON: The US trade deficit fell for the first time in six years in 2019 as the White House’s trade war with China...

Oil jumps 3pc on reports of effective coronavirus drug

LONDON: Oil prices jumped by more than 3pc on Wednesday on media reports that scientists have developed a drug against the fast-spreading...

Pakistan, Malaysia agree to enhance trade, investment ties

--'Both sides will encourage their respective chambers of commerce to undertake joint initiatives' --'PIA will soon start a new direct flight from Lahore...

MCB Bank’s profit before tax grows 25pc, crosses Rs40bn mark

The Board of Directors of MCB Bank Limited met under the chairmanship of Mian Mohammad Mansha on Tuesday to review the bank’s...

Another day, another record: Tesla shares hit $900

TOKYO/SEOUL: Shares of Tesla Inc surged 15pc on Tuesday to hit the $900 mark, extending a stunning rally that has more than...

Pakistan to buy more Malaysian palm oil after India’s withdrawal

KUALA LUMPUR: Pakistan will buy more palm oil from Malaysia, Prime Minister Imran Khan said on Tuesday, to try and compensate after top...

Oil rebounds on potential for further OPEC+ supply cuts

LONDON: Oil prices clawed background on Tuesday on hopes for additional production cuts from OPEC and its allies to offset any potential demand...

Pakistan’s deficit under microscope as IMF review begins

ISLAMABAD: Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as...

Govt exempts export-oriented units from regulatory duty

--ECC again defers decision to hike gas price, directs Petroleum Division to come up with a better alternative --Committee approves creation of digital...

UK regional productivity gaps as wide as in 1901, no easy fix seen

BIRMINGHAM: Gaps in economic productivity between London and other regions of the United Kingdom are as wide as they were in 1901...