China to slash taxes, boost lending to prop up slowing economy

BEIJING: China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic...

PSX fails to sustain gains, ends 61 points lower amid geopolitical tensions

KARACHI: Breaking the trend from the previous session, Pakistan Stock Exchange (PSX) ended the day negative. The indices that traded in green in...

Domestic cement despatches fall 19pc in Feb

The cement sector posted a double-digit decline of 19.05pc in the month of February compared with the corresponding month last year. According to...

Exporters urged to tap Russian market

'Apart from oil and gas, Russia is meeting over 95pc of its needs through imports' ISLAMABAD: A delegation of Pakistani entrepreneurs working in Moscow...

Pakistan keen to enhance economic ties with Uzbekistan

ISLAMABAD: President Dr Arif Alvi on Monday expressed Pakistan's keenness to further strengthen its bilateral relations with Uzbekistan in diverse areas, including...

Nishat Group explores business avenues with Rungis Market 

JV between the two companies will help facilitate all stakeholders in Pakistan's agriculture sector, especially the small farmers Nishat Group Chairman Mian...

PM terms trade, investment ‘an important pillar of Pakistan’s foreign policy’

'After overcoming the most difficult challenge of stabilising the economy during the first six months, our focus is now on economic...

Bullish sentiments prevail as KSE-100 gains 210 points

KARACHI: Positive sentiments surrounded the bourse on the first trading session of the week, as the indices that opened red changed their path...

Trade surplus with Afghanistan jumps 44pc in Jan

ISLAMABAD: The country's trade surplus with Afghanistan jumped 44pc in January 2019 as the value of surplus rose to $127.819 million in...

China vows ‘fundamental change’ for foreign investors

The requirement for foreign firms to transfer proprietary technology to Chinese joint-venture partners will be eliminated BEIJING: China's legislature will vote next...

Cement exports to India suspended after 200pc hike in import duty

Indian buyers are asking Pakistani exporters to recall their containers and shipments LAHORE: The export of cement to India has been suspended...

Canada finds sufficient evidence for extradition hearing against Huawei CFO

Canada said it will set a date for the extradition hearing of Chinese tech giant Huawei's CFO Meng Wangzhou, who faces charges...

Trump asks China to lift tariffs on US farm products

WASHINGTON: US President Donald Trump said he had asked China to immediately remove all tariffs on US agricultural products because trade talks were progressing...

CPI-based inflation increases by 8.21pc in February

ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by 8.21pc in February 2019 as compared to the same month of last year. On...

Envoy proposes Pak-German Joint Chamber to promote bilateral trade

Ambassador Kobler appreciates the steps taken by govt to restore investor confidence in Pakistan BOI chief says govt is planning to launch...