Huawei is not controlled by China, executive says

LONDON: Huawei is a private company that is not controlled by the Chinese government and would refuse to hand over information to...

China fires back at US with tariff hike on goods worth $60bn

China's rates will target a number of American imports with tariffs rising to as high as 25%, according to a statement by China's cabinet.

Investor facilitation imperative for economic growth: PM

Prime Minister Imran Khan said on Monday that the provision of all possible facilities to local and foreign investors was among the...

China hikes tariffs on US goods after Trump warning

BEIJING: China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list, hitting back...

Motorcycle production falls 10pc to 1.6mn units in eight months

The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879...

Trump warns China not to retaliate against US trade tariffs

WASHINGTON: President Donald Trump on Monday warned China not to retaliate after Washington raised punitive duties on $200 billion worth of Chinese imports...

PSX plunges 816 points as IMF deal fails to trigger positivity

KARACHI: Trading at the Pakistan Stock Exchange (PSX) started on a bullish note on Monday amid the perception that the much-awaited announcement regarding...

Bitcoin holds above $7,000 after hitting nine-month high

LONDON: Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency’s 2019 rally gathered steam. Bitcoin was last up...

Govt urged to curb smuggling of steel via land routes

'Import of steel items should be allowed only from the sea route as it will be easier for customs to control...

Trump orders tariff hike on remaining Chinese imports

WASHINGTON: US President Donald Trump cranked up the heat in a trade battle with China on Friday, ordering a tariff hike on...

Uber tumbles 9pc in rocky stock market launch

Uber Technologies Inc’s shares fell nearly 9pc in their New York Stock Exchange debut on Friday, marking a rocky start for one...

Trump says no hurry to sign China deal as trade war escalates

WASHINGTON/BEIJING: US President Donald Trump said on Friday he was in no hurry to sign a trade deal with China as Washington imposed...

PSX sheds another 171 points as investors await economic clarity

KARACHI: The Pakistan Stock Exchange (PSX) continued with its downward trend on Friday, as indices kept shedding gains amid thin turnover. Putting an...

U.S. hikes tariffs on Chinese goods, China says to strike back

WASHINGTON/BEIJING: U.S. President Donald Trump’s tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said...

Trump says he would be happy to keep tariffs on Chinese imports

WASHINGTON: US President Donald Trump said on Wednesday he would be happy to keep tariffs on Chinese imports in place, adding that...