Alibaba, Tencent, car makers set up $1.5bn China ride-hailing venture

BEIJING: Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move...

PSX ends 147 points higher, breaks three-day losing streak

KARACHI: Breaking its three-day losing streak, the Pakistan Stock Exchange (PSX) ended the last trading session of the week in green. Foreign investors...

Export of raw cotton decreases 72.4pc in eight months

ISLAMABAD: The export of raw cotton from the country during the first eight months of the current financial year (FY19) decreased by 72.49pc...

PM’s aide asked to put TDAP chief’s appointment on hold

'Instead of working on export enhancement, TDAP has been confined to exhibitions only' ISLAMABAD: A parliamentary panel has asked Advisor to Prime Minister...

Malaysian carmaker Proton to build assembly plant in Pakistan

The assembly plant, to be established near Karachi, will be Proton's first in South Asia Malaysia's national carmaker, Proton, will collaborate with...

‘Malaysian PM’s visit to herald new vistas of economic cooperation’

SAARC official urges govt to discuss and resolve issues pertaining to trade imbalance with Malaysia ISLAMABAD: SAARC Chamber of Commerce and Industry...

US trade negotiators to visit China on March 28-29

Following the visit, Chinese Vice Premier Liu He will head to the United States in April to continue the negotiations BEIJING: Senior US officials...

Pakistan to export $1bn worth sugar, rice to China

'China has agreed to give concession on more than 300 tariff lines' ISLAMABAD: Pakistan would export $1 billion worth sugar and rice to...

Pakistan, Malaysia to sign joint ventures in multiple sectors: Dawood

'MoUs will be signed tomorrow (Friday) in the presence of the prime ministers of both countries' ISLAMABAD: Advisor to Prime Minister on...

PSX remains bearish, index loses 163 points

KARACHI: Bearish sentiments prevailed once again at the Pakistan Stock Exchange (PSX) on Thursday. Keeping up with the preceding session's trend, indices traded...

Trump says China tariffs may remain for ‘substantial period’

WASHINGTON: US President Donald Trump said on Wednesday that US tariffs on Chinese imports could remain in place for a "substantial period," dampening...

‘Pakistan can double its growth through mainstreaming of women’

PM's aide says the govt is trying to equip women with proper skills so that they could earn their livelihood and...

Malaysian business giants to arrive in Pakistan on 22nd

BOI chairman says as many as three MoUs will be signed during the Pak-Malaysia Business Leaders' Roundtable  ISLAMABAD: Top ten Malaysian business giants...

World Bank suggests involvement of more countries in CPEC

Pakistan and India could revitalise their joint chamber of commerce, normalise visa processes, and enter into a dialogue on trade liberalisation...

PSX closes 64 points lower amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as the indices swung in both directions amid low...