IMF warns of rising risks to global growth amid trade tensions
WASHINGTON: The global economy is still expected to grow at a solid pace this year, but worsening trade confrontations pose serious risks...
Rupee second worst performing currency in the world
KARACHI: The Dollar today gained about 6.45 rupees in the interbank market as the interim government let the rupee slide deeper into...
Market Daily: KSE 100 falls 605 points falling below 40k mark
LAHORE: In the aftermath of central bank increasing its policy rate ahead of a tense national vote to 7.5 per cent from...
Malaysia keen to partner in different sectors with Pakistan:Â Consul general
KARACHI: Malaysia sees the China-Pakistan Economic Corridor as a big opportunity for the South Asian region, especially for Pakistan.
"We can partner with Pakistan in potential...
Hutchison Ports licenses first female trainees to operate remote-controlled quay cranes
KARACHI: Hutchison Ports Pakistan, the country’s first and only deep-water container terminal, has passed another milestone by licencing the country’s first female...
EU says China could open its economy if it wishes
Long accused of protectionist tactics that make it a difficult place for foreign firms to operate, China is trying to reverse that narrative amid the escalating trade war by approving huge investments, such as a $10 billion petrochemicals project by Germany’s BASF
Asian shares fall on soft China data, trade war fears
After briefly moving higher on early gains in China’s share markets, MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.3 percent
China’s economic growth cools amid trade tensions
The world’s second-largest economy expanded by 6.7 percent, down from the previous quarter’s 6.8 percent, the government reported Monday
US lifts ban on suppliers selling to China’s ZTE
NEW YORK: The US Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE Corp, allowing China’s...
Agriculture council approves 29 projects for funding
ISLAMABAD: The Pakistan Agricultural Research Council (PARC) has approved 29 research and developmental projects for funding under the Agriculture Linkage Programme (ALP)...
SAARC countries must work together to tackle climate change
ISLAMABAD: The SAARC Chamber of Commerce and Industry (SCCI) Pakistan chapter Sunday called upon all countries especially the South Asia Association of Regional Cooperation...
Karachi Port Trust to build $10bn freight corridor
KARACHI: The KPT is initiating work on the development of a freight corridor at a whopping estimated cost of around $10 billion...
China’s record trade surplus with U.S. risks further inflaming trade tensions
China’s trade surplus with the United States, which is at the centre of the tariff tussle, widened to a record monthly high of $28.97 billion, up from $24.58 billion in May, according to calculations based on official data going back to 2008
US pitches Europe its gas as alternative to Russia’s
According to the US Energy Information Administration, US exports of LNG soared from 0.5 billion cubic feet per day in 2016 to 1.94 billion cubic feet per day last year
Dollar holds firm against yen, major peers on strong U.S. inflation
The dollar edged up 0.1 percent, trading at 112.07 yen after breaking through the 112-barrier for the first time since Jan. 10 in U.S. trade. The dollar had gained as much as 1.3 percent on Wednesday to 112.175 yen