Business community lauds Saudi investment in Pakistan

ISLAMABAD: Pakistan's business community on Tuesday lauded Saudi Arabia’s commitment to investing billions of dollars into the dwindling economy of Pakistan. Federation of...

Knitwear sector sees 16pc export growth in Jan

KARACHI: The knitted garments sector was leading the textile chain exports of the country, registering a growth of 16.25pc in the month...

Qualcomm launches new chip to power 5G smartphones

Qualcomm Inc on Tuesday introduced its second-generation of so-called modem chips to connect phones to 5G networks, speeding up the race around...

‘Govt striving hard to increase industrial competitiveness’

ISLAMABAD: The government is taking concrete measures to increase industrial competitiveness, said Advisor to Prime Minister on Commerce Abdul Razak Dawood, adding that...

WTO warns of global trade slowdown as indicator hits nine-year low

GENEVA: A quarterly leading indicator of world merchandise trade slumped to its lowest reading in nine years on Tuesday, which should put...

Stocks plunge 262 points amid political noise

KARACHI: Negative sentiments prevailed at the Pakistan Stock Exchange (PSX) once again on Tuesday, as the indices which opened in green failed to...

New round of U.S.-China trade talks to begin in Washington on Tuesday

The talks are aimed at “achieving needed structural changes in China that affect trade between the United States and China

Gold stays near 10-month peak; Palladium jumps to record high

Spot gold slipped 0.2 percent to $1,323.81 per ounce as of 0448 GMT. The metal had touched $1,327.64 an ounce in the previous session, its highest since April 25

Asian shares gain on hopes for progress on China-US trade

The Shanghai Composite index added 0.3 percent to 2,762.73 in early trading, while Japan’s Nikkei 225-edged 0.1 percent higher to 21,297.67

Brent oil eases from 2019 highs as markets await trade talks outcome

Traders said the slight downward correction was driven by concerns about the health of the global economy this year

Indian cement importers ask Pakistani exporters to recall their shipments

The development comes amidst rising tensions between Pakistan and India after the Pulwama attack and the latter's decision to slap 200% duty on imports from Pakistan

Pakistan urged to make the most of Saudi investment package

ISLAMABAD: SAARC Chamber of Commerce and Industry on Monday termed Saudi Arabia's investment packages to Pakistan "a great opportunity for the latter to...

Saudi’s military company eyes $10bn revenue in next five years

ABU DHABI: State-owned Saudi Arabian Military Industries (SAMI) aims to generate $10 billion in revenue over the next five years, its chief...

Saudi minister calls for increasing Pak-KSA bilateral trade

'The two states need to discuss and discover possible business opportunities' ISLAMABAD: Saudi Arabian Minister for Commerce and Investment Majid Al-Qassabi on Monday said...

PSX closes 267 points lower amid dull trading

Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan KARACHI: Investors preferred to stay away from...