Pakistan borrows $439.17m in July to maintain foreign reserves
ISLAMABAD: Pakistan has borrowed $439.17 million in the first month of the current fiscal year to keep its foreign reserves above the two...
China in struggle to curb reliance on US market, suppliers
The United States bought $430 billion of China’s exports last year, or 20 percent of the $2.2 trillion total
Govt asked to slap additional taxes on unnecessary imports
ISLAMABAD: The Islamabad Chamber of Small Traders ICST) on Sunday said the country will need almost $9.25 billion in debt repayments during...
Much detail, little progress in U.S.-China talks, sources say
During the talks, Chinese negotiators repeatedly invoked what they said was Beijing’s compliance with WTO rules, an argument that did not impress the U.S. side
PTI’s economic team to be largely Karachi-centric
The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.
China to keep hitting back at U.S. over trade, to boost government spending – finance minister
The trade conflict further escalated on Thursday as the United States and China heaped more tariffs on each other’s goods. Since early July, the world’s two largest economies have slapped each other with tariffs on a combined $100 billion of goods
U.S, China impose further tariffs, escalating trade war
Economists reckon that every $100 billion of imports affected by tariffs would reduce global trade by around 0.5 percent
PM’s vision a hope for SAARC countries
LAHORE: SAARC Chamber of Commerce and Industry Senior Vice President (SVP) and United Business Group (UBG) Central Chairman Iftikhar Ali Malik, terming...
Pakistan risks failure of signing trade accord with EEU: Report
Officials believe the absence of diplomatic ties with Armenia could inhibit the finalization of the trade deal with EEU
Trump not expecting any breakthrough in US-China trade talks
Trump said in an interview that he had “no time frame” for ending the trade dispute with China, which threatens to impose tariffs on virtually all goods traded between the world’s two largest economies
Sale of refrigerators, deep freezers up by 15 to 20pc
KARACHI: The sale of Refrigerators and Deep Freezers have gone up by approximately 15-20 per cent on the eve of this Eidul...
Market Daily: PM gets cold welcome from PSX as stocks end flat
LAHORE: The Pakistan Stock Exchange (PSX) did not give a very warm welcome to the new Prime Minister. As economic worries loom,...
Country’s current A/C deficit widens to $2.2bn in July
KARACHI: The current account deficit (CAD) of the country further widened by 12.18 per cent to $2.2 billion in the first month...
PM appeals to overseas Pakistanis to send money via banking channels
KARACHI: Newly elected Prime Minister Imran Khan Sunday appealed to the Pakistanis living abroad to send their money through proper banking channels and invest...
Dollar little changed ahead of anticipated U.S.-China talks
On Monday, the dollar index traded in a narrow range between 96.103 and 96.219, not far off 96.096 touched on Friday, its lowest level since Aug. 10