China exports grow despite US tariffs, but imports slump most in three years

BEIJING: China's exports unexpectedly returned to growth in May despite higher US tariffs, but imports fell the most in nearly three years in...

Gold price soars Rs 4,500 per tola 

After staying low following liquidity induced withdrawals, gold increased by Rs 4,500 in the local market to reach Rs 93,300 per tola.  Ten...
Pakistan-Afghanistan

Traders demand removal of bottlenecks hampering Pak-Afghan trade

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to take pragmatic steps to remove hurdles and problems...

Asian stocks fall on risks, while US closes for Thanksgiving

South Korea’s Kospi shed 0.7 percent to 2,055.30. Hong Kong’s Hang Seng index dropped 0.7 percent to 25,845.78 and the Shanghai Composite gave up 1.4 percent to 2,608.32

President stresses cementing trade ties with Uzbekistan

President Dr Arif Alvi has emphasised further strengthening Pakistan's relations with Uzbekistan in all areas of mutual interest, including trade, economy, politics...
Pakistan China FTA

Pak-China FTA a source of frustration for business community: IWCCI

ISLAMABAD: Islamabad Women's Chamber of Commerce and Industry (IWCCI) on Saturday said that the Free Trade Agreement (FTA) between Pakistan and China is a source of frustration and...

ECC decides to impose ban on export of wheat

Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday presided over a meeting of the Economic Coordination Committee (ECC)...

KSE-100 shrugs off early losses to close 149 points higher

KARACHI: Indices of the Pakistan Stock Exchange (PSX) which opened the session in the red on Friday managed to change its course later...

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,...

Mango export potential compromised by alleged foul play by govt dept

ISLAMABAD: An alarming issue came to light during a meeting in Multan, chaired by Secretary Ministry of National Food Security and Research...

Reduction in import duties on MDF demanded by major importers

KARACHI: The importers of Medium Density Fiberboard (MDF) have demanded from the government to reduce the import duty on raw MDF from...

China to increase its imports from Pakistan: officials

BEIJING: China is confident that its imports from Pakistan will show a reasonable increase in the coming year, following the outcome of Prime...
Pakistan-Afghanistan

Pak-Afghan business community to hold joint industrial exhibition

PESHAWAR: The trade associations of Afghanistan and Pakistan have decided to hold a joint industrial exhibition in Peshawar in December this year...

Gold gains as risk aversion weighs on dollar

Spot gold was up 0.2 percent at $1,239.86 per ounce, as of 0429 GMT, while U.S. gold futures were 0.2 percent higher at $1,244.9 per ounce

Importers to face huge losses as China refuses to extend border closure

ISLAMABAD: Despite the request by Pakistani embassy in China for extending the date of annual closure of border at Khunjrab, Chinese authorities...