PSX bleeds on first day after Eid

KARACHI: Amid rising border tensions, indices at the Pakistan Stock Exchange (PSX) recorded fresh lows on Friday, with the KSE-100 Index ending...

WTO to set up panel to judge US-China solar panel dispute

GENEVA: The World Trade Organization agreed Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar...

Bitcoin slumps to two-week low on technical trading, market jitters

LONDON: Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical...

Wall Street rises after strong retail sales data, Walmart earnings

US stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about...

Govt to finally table Geographical Indication Bill in NA

The government has finally decided to table Geographical Indication (GI) Bill in the National Assembly to protect ownership rights of goods produced...

Recession indicator, trade pessimism sink dollar versus yen

NEW YORK: The Japanese yen jumped to a session high against the dollar on Wednesday after the US Treasury bond yield curve inverted...

Signs of hope in trade war as US delays new tariffs on Chinese electronics

BEIJING: US retailers and global financial markets got an early Christmas present Tuesday as President Donald Trump’s administration announced it is delaying tariffs...

Pakistani businessmen invited to invest in Afghanistan

Commercial Attaché says by investing in Afghanistan, Pakistani investors can get easy access to the Central Asian markets ISLAMABAD: Commercial Attaché of Afghanistan...

High energy costs hampering Pakistan’s cement exports

'Increased govt levies are encouraging unscrupulous elements to import under-invoiced Iranian cement' LAHORE: Pakistan has been losing a major share of its...

IMF warns increasing US tariffs could cut China growth sharply

WASHINGTON: China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even...

Govt formally suspends bilateral trade with India

ISLAMABAD: The federal cabinet, in its meeting held under the chair of Prime Minister Imran Khan on Friday, approved complete suspension of...

Pakistan, Australia agree to enhance trade ties

ISLAMABAD: Commerce Secretary Sardar Ahmad Nawaz Sukhera said on Friday that bilateral trade between Pakistan and Australia couldn't achieve its potential and has...

Stock market takes a hammering again, index sheds 308 points

KARACHI: Continuing with the declining trend, the Pakistan Stock Exchange (PSX) ended the last session ahead of holidays also in the red. The indices,...

Plastic exports surge 34pc in FY19

ISLAMABAD: The export of plastic material from the country witnessed an increase of 33.9pc during the financial year 2018-19, as against the exports...

No action against traders till Sept 30: FBR

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues. "It has...