U.S. third-quarter growth trimmed; business spending slowing

Gross domestic product increased at a 3.4 percent annualized rate, the Commerce Department said in its third reading of third-quarter GDP growth

First SEZ to start commercial operation by first quarter of 2019: Khusro Bakhtiar

The two sides also are exploring the possibility to expedite the growth of the manufacturing sector in Pakistan, said the minister

Govt mulling to introduce structural policies for boosting exports by 15% till 2023

Commerce ministry has proposed to gradually lower down the regulatory duties on tariff in order to improve the export competitiveness

Pakistan, China agree to enhance cooperation under CPEC

MoU signed for industrial cooperation with an aim to attract investments in special economic zones  JCC agrees to implement poverty alleviation demonstration...

Oil slumps three percent, near lowest in a year as stock markets sink

OPEC and other oil producers including Russia agreed this month to curb output by 1.2 million barrels per day (bpd) in an attempt to drain tanks and boost prices

US, China spar at WTO, blame each other for trade crisis

GENEVA: The United States and China clashed anew at the World Trade Organization (WTO) on Wednesday, accusing each other of undermining the multilateral...

Foreign direct investment dips 35pc in five months

KARACHI: Despite the efforts and claims of the incumbent Pakistan Tehreek-e-Insaaf (PTI) government, the foreign direct investment (FDI) dipped by 35.2 per cent...

IMF says trade war already hurting Asia, may cut global growth forecasts

It expects Asia’s economic growth to slow to 5.4 percent next year from 5.6 percent projected this year

Oil prices pressured by oversupply, global economic concerns

International Brent crude oil futures were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close

Boeing opens first 737 plant in China amid US-Sino trade war

ZHOUSHAN: Boeing opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival...

Chinese business delegation seeks trade collaborations in Pakistan

ISLAMABAD: A delegation of Chinese companies belonging to the Shandong Province, led by Chinese Enterprises Services (Pvt) Limited General Manager Li Junwei, visited...

‘Gwadar and Chabahar won’t compete, but complement each other’

IPIS president says relations between Iran and India were never and will never be a bond against Pakistan ISLAMABAD: Stressing on fostering and...

Pakistani businessmen urged to facilitate Canadian counterparts

KARACHI: Canadian Trade Commissioner Margaux McDonald has said that Canada, which has been on the path to recovery since 2014, is open for...

Asian LNG prices snap three-week losing streak as winter kicks in

Spot prices for January delivery edged up about 10 cents to around $8.90 per million British thermal units (mmBtu)

Gold set for biggest weekly fall in 5; firm dollar weighs

Spot gold was 0.4 percent lower at $1,237.65 per ounce as of 0747 GMT