Pakistan, other BRI countries reject China’s ‘debt trap’ theory: report

CPEC projects have so far provided 75,000 direct jobs to Pakistanis BEIJING: Pakistan and other member countries of Belt and Road Initiative have...

Global economic outlook turns sour as trade war drags on

LONDON: The synchronised global economic expansion, cheered on by investors who pushed Wall Street stocks to a record high last month, has started...

‘China has tools to handle trade war’

BEIJING: China's central bank chief said on Friday that the country has plenty of policy tools left to handle the trade war with...

China warns its companies on US travel, rebuffs trade criticism

BEIJING/WASHINGTON: China warned its companies operating in the United States on Tuesday they could face harassment from US law enforcement agencies, as it...

Asian markets tumble on trade tensions

Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh...

Industrial development imperative for economic uplift: Dawood

PM's aide says Pakistan's economic situation is not as bad as being portrayed by some quarters ISLAMABAD: Adviser to Prime Minister on Commerce...

Trump promises Britain a substantial post-Brexit trade deal as protesters gather

LONDON: Donald Trump promised Britain a substantial post-Brexit trade deal with the United States on Tuesday, quipping to outgoing Prime Minister Theresa May...

Global recession fears grow as factory activity shrinks

LONDON/HONG KONG: Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of...

Dollar gains strength in interbank market ahead of holidays

The value of the greenback increased by Re0.75 in the interbank market and the dollar was traded at Rs148.90 ahead of Eidul...

PSX plunges 469 points ahead of Eid

KARACHI: The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...

Why Google has a target on its back in Washington?

WASHINGTON: The US Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to...

China says US can’t use pressure to force trade deal

BEIJING: The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said...

Huawei ‘too close’ to Chinese govt to be trusted: US

SINGAPORE: Telecommunications giant Huawei is "too close" to the Chinese government, making it difficult to trust the company at the heart of an...

‘Withdrawal of zero-rating regime will prove disastrous for economy’

LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has expressed serious concerns over the proposal of removing the zero-rating regime, saying such a...

Pakistan urges African countries to benefit from CPEC framework

'CPEC can help African countries access wider Asian markets with much-reduced time and economic cost' BEIJING: The China-Pakistan Economic Corridor (CPEC) can help...