FedEx sues US government over shipment restrictions
NEW YORK:Â American logistics giant FedEx has sued the US government, saying Washington's restrictions on exports and imports due to growing trade disputes...
Bitcoin trades above $11,000, after 10pc weekend jump
LONDON/NEW YORK:Â Bitcoin tested 15-month highs on Monday after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing...
FPCCI vows to support govt in drive against tax evaders
ISLAMABAD:Â The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Monday vowed to fully support the government in its crackdown on...
Steel industry cries foul over ‘unfriendly budget’
ISLAMABAD:Â As the local steel industry was struggling to keep up with the regional competitors, the budget presented by the incumbent government would...
Textile exports increase 2pc to $11.4bn
ISLAMABAD:Â The export of textile and its articles from the country witnessed an increase of 2.17 per cent during the first ten months...
PSX plunges 653 points amid low turnover
KARACHI:Â Stocks bled on the first trading session of the week, as the KSE-100 index benchmark nosedived over 700 points intraday amid low...
Qatar announces $3bn investment in Pakistan
'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn'
ISLAMABAD:Â Following the two-day official visit of Qatar Emir Sheikh...
Gold reaches record high at Rs79,200 per tola
The value of gold in Pakistan has hit a record high, as the per tola price of the yellow metal reached 79,200...
PM’s aide urges UK companies to invest in Pakistan
ISLAMABAD:Â The United Kingdom can promote trade and investment opportunities in Pakistan by investing in competitive sectors, said adviser to Prime Minister on...
Abraaj fleeced investors to plug shortfalls
Abraaj's legitimate business activities 'could not produce and maintain the cash flow and cash flow reserves necessary to conduct basic, day-to-day...
‘Use of technology imperative to safeguard CPEC routes’
ISLAMABAD: Pakistan's biggest logistical challenge with regard to the China Pakistan Economic Corridor is the pilfering of goods into Pakistan, which can...
PSX ends 129 points higher amid positive sentiment
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the last trading session of the week.
Foreign investors were once again the...
China says demands must be met as talks with US resume
BEIJING:Â Top Chinese and US officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United...
Proposal to follow Bangladesh economic model supported
ISLAMABAD:Â Jahangir Akhtar, a veteran leader of the trading community, has supported the statement of a minister proposing to follow Bangladesh's model to...
Hafeez Sheikh forms committee to address business community’s woes
LAHORE:Â Adviser to Prime Minister on Finance Abdul Hafeez Sheikh on Thursday constituted a high-powered committee to rectify the anomalies in the proposed...