Cash-strapped Pakistan to host Saudi crown prince

ISLAMABAD: Pakistan is preparing to welcome Saudi Arabian Crown Prince Mohammed bin Salman for a state visit over the weekend, the foreign...

World Bank to establish its UAE office at Abu Dhabi Global Market

ABU DHABI: The Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has announced that World Bank will establish its...

Samsung reaches settlement over ‘exploding’ washing machines

SEOUL: Samsung Electronics has reached a settlement in a class-action lawsuit over 2.8 million "exploding" washing machines recalled in the US, the...

PSX gains 269 points amid volatile trading

KARACHI: After morning bumps, Pakistan Stock Exchange (PSX) managed to stand its ground to close Tuesday’s session in green. Indices swung in both...

China says consumption growth likely to slow further this year

Retail sales growth during the just concluded Lunar New Year holidays slipped to its lowest since at least 2011, further evidence consumers remain cautious as the economy hits the brakes

Asian stocks rise after listless Wall Street day

Tokyo’s Nikkei 225 rose 2 percent to 20,745.28 and the Shanghai Composite Exchange added 0.3 percent to 2,661.8

Oil prices rise on OPEC output cuts, as U.S. sanctions bite

Analysts said markets are tightening amid voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and because of U.S. sanctions on Venezuela and Iran

Trade deficit plummets 9.66% to $19.264 billion in July-January FY19

Ministry of Commerce said interventions of the ministry to effectively control the fast-widening trade deficit have started delivering positive results

No-deal Brexit ‘could cost 600,000 jobs worldwide’: study

As many as 103,000 jobs will be under threat in Germany and 50,000 in France FRANKFURT: A British departure from the European Union...

Qatar revamps investment strategy after Kushner building bailout

LONDON: When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared...

1,317 new companies registered in January

ISLAMABAD: The Securities and Exchange Commission of Pakistan in January registered 1,317 new companies. As compared to the corresponding month of the last financial year,...

U.S.-China trade talks resume next week, focus on intellectual property

A new round of trade talks begins in Beijing on Monday, after the most recent set of negotiations concluded in Washington last week without a deal and with the top U.S. negotiator declaring that a lot more work needed to be done

Pakistan, Turkmenistan pledge to play vital role in regional economic growth

ISLAMABAD: Senate Chairman Muhammad Sadiq Sanjrani said on Friday that enhanced regional and transregional cooperation would not only transform the bilateral ties among...

SMEs urged to get listed with PSX

ISLAMABAD: The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors...

Bags carry Hermes to record sales in 2018

Hermes saw its strongest growth in China and South Asian countries with a 14pc increase when measured in constant exchange rates PARIS: French...