Safe-haven dollar dips as risk appetite improves, euro strengthens
The dollar index, a measure of its value versus six major peers, eased 0.1 percent to 96.62 on Thursday
Pakistan listed among top 3 beneficiaries likely to gain in import substitution from US-China trade war: Report
In case, if the trade war continues between the US and China, Pakistan would be the least likely beneficiary of production relocation of industrial units from China
World economy has ‘passed its peak’ as trade wars weigh
OECD which advises many of the world’s richest economies, said Wednesday it has cut its forecast for global growth next year to 3.5 percent from 3.7 percent previously
DP World chairman says trade tensions will make 2019 challenging
DP World, one of the world’s largest port operators, was taking measures to reduce costs, and is addressing how it will manage a challenging 2019, said bin Sulayem
Dollar pauses as Fed officials caution about global growth, yen firms
The greenback has enjoyed a strong run this year thanks to the Fed’s steady policy tightening on the back of a robust economy and rising wage pressures
Asian shares mostly up cheered by Wall Street buying spree
Japan’s benchmark Nikkei 225 rose 0.5 percent to 21,784.87
China says no developing country will fall into debt trap by cooperating with it
Speaking at the Asia Pacific Economic Co-operation (APEC) summit on Saturday, Pence took aim at China’s Belt and Road initiative, saying countries should not accept debt that compromised their sovereignty
Business community confident ahead of PM’s visit to UAE
‘Pakistan should take steps towards minimising trade deficit with UAE’
LAHORE: SAARC Chamber of Commerce and Industries (SAARC CCI) Senior Vice President Iftikhar...
China offer unlikely to spur major trade breakthrough, says senior U.S. official
The tariff rate on $200 billion in Chinese goods is set to increase to 25 percent from 10 percent on Jan. 1
Sterling gripped by Brexit crisis; yen enjoys safety bid
Both the dollar and the yen benefited from a deepening crisis for UK Prime Minister Theresa May after the resignation of key ministers from her government imperilled her Brexit plan
Asian stocks higher after Wall Street fall, Brexit approval
The Shanghai Composite Index rose 1 percent to 2,659.12 and Hong Kong’s Hang Seng added 1 percent to 25,907.2
Oil prices resume decline on oversupply worries
Since early October, oil prices have lost around a quarter of their value as supply soars just as demand is expected to slow down along with an economic downturn
Pakistani businessmen urged to form strong liaison with US counterparts
LAHORE: An eleven-member delegation of US businessmen, led by Bolingbrook (USA) Mayor Roger C Claar, held business-to-business meetings with their Pakistani counterparts to...
Malaysia warns of ‘domino effect’ from US-China trade tensions
SINGAPORE: Trade tensions between the United States and China will trigger a “domino effect” of protectionist measures, Malaysia warned on Tuesday as Asian...
Asian stocks sink after Wall Street tech sell-off
Tokyo’s Nikkei 225 lost 2.3 percent to 21,760.59 while the Shanghai Composite Index gained 0.8 percent to 2,652.70