China factory activity shrinks for first time in over two years, 2019 looks tougher
In November, industrial output rose the least in nearly three years, while earnings growth at industrial firms fell for the first time in nearly three years
Dollar ends strongest year since 2015 on defensive note
The dollar index, which tracks the greenback versus six peers, was down 0.22 percent on Monday
China’s Xi, in New Year’s address, says pace of reform won’t ‘stagnate’
BEIJING: The pace of reform in China will not stagnate and it will open its door wider still to the outside world,...
‘Pakistan to tap non-traditional market of Latin America’
Commerce secretary says Pakistan has been making consorted efforts to restart negotiations on its bid for FTA with Mercosur countriesÂ
ISLAMABAD:Â The Ministry...
Dollar slips to four-month low vs. yen amid turmoil in Washington
The dollar fell 0.39 percent to 110.00 yen, its lowest level since late August and is set to fall for an eighth straight session against the Japanese currency
Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood
Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood
Trump calls Fed ‘only problem’ in U.S. economy; markets slump
Stocks fell again on Monday amid concern about slowing economic growth, the government shutdown and reports that Trump had discussed firing Federal Reserve Chairman Jerome Powell, whom he has repeatedly criticised for raising interest rates
Pakistan, Egypt agree on measures to boost bilateral trade
ISLAMABAD:Â Pakistan and Egypt on Monday agreed to take measures like visa facilitation for businessmen, exchange of trade-related information and business delegations as...
BMG unhappy with ‘bogus’ FPCCI, says won’t contest upcoming election
KARACHI:Â Businessmen Group (BMG) Chairman and former Karachi Chamber of Commerce and Industry (KCCI) president Siraj Kassam Teli has categorically stated that BMG...
‘Import of used tractors to hurt local industry, farmers’
Industry stalwart says Punjab govt's recommendation to allow tax-free import of used tractors is completely in contrast to the centre's export-friendly...
Markets far from merry as stock losses extend into seventh day
MSCI’s world equity index, which tracks shares in 47 countries, was 0.15 percent lower on the day and down almost 7 percent in the past seven sessions — its worst stretch of daily losses since January 2016
Gold rises as U.S. political uncertainty breeds risk-aversion
Spot gold was up 0.6 percent at $1,263.91 per ounce as of 0458 GMT. The metal had hit its highest since early July at $1,266.40 on Thursday
Asian shares mixed on US partial shutdown, Wall Street slump
South Korea’s Kospi dropped 0.2 percent to 2,058.19 while the Shanghai Composite index rose 0.1 percent to 2,519.71
Oil dips on oversupply concerns ahead of Christmas holidays
International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT
China unveils tariff adjustments for next year to boost foreign trade
Import tariffs on so-called alternative meals, including rapeseed meal, cotton meal, sunflower meal and palm meal, will be removed from Jan. 1, 2019, along with those for the materials of some pharmaceutical goods