Dollar eases as focus shifts to Fed meeting; yen and Aussie dollar gain
The dollar index, a gauge of its value versus six major peers was marginally lower at 95.74, after falling 0.8 percent on Friday
Asian markets gain after US suspends government shutdown
Hong Kong’s Hang Seng index gained 0.3 percent to 27,657.27 and the Shanghai Composite index climbed 0.3 percent to 2,610.14
Worrying statistics show continuous decline in exports to 18 countries
ISLAMABAD: Pakistan has witnessed a continuous decline in export to eighteen countries in the last five years, it has been learnt.
Official documents reveal...
US postpones trade negotiations with Pakistan owing to govt shutdown
ISLAMABAD: Trade negotiations between Pakistan and the United States have been postponed due to the government shutdown in America.
Sources told Pakistan Today that representatives...
Etihad hires turnaround expert as it weighs Jet Airways bailout
Executives from Alvarez & Marsal are camped in Jet Airways' offices in Mumbai and are taking stock of the airline's operations...
Alibaba slams US treatment of Huawei, efforts to curb China’s rise
HONG KONG: A senior Alibaba executive slammed the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the...
Gold rises as U.S. government shutdown augments global growth concerns
Spot gold rose 0.3 percent to $1,284.31 per ounce, as of 0726 GMT, while U.S. gold futures climbed 0.3 percent to $1,283.10 per ounce
Oil prices climb as U.S. threatens sanctions against Venezuela
International Brent crude oil futures were at $61.89 a barrel at 0246 GMT, 80 cents, or 1.3 percent, above their last close
Asian shares buoyed by US earnings, upbeat talk on China
The Shanghai Composite index gained 0.4 percent to 2,592.40 and South Korea’s Kospi rose 0.8 percent to 2,145.03
VW says trade war big concern, in talks to avoid U.S. import tariffs
Herbert Diess told the World Economic Forum in Davos that he expected a difficult first quarter for Volkswagen and other automakers as the trade dispute between the world’s two largest economies sours consumer confidenc
‘Under siege’, oil industry mulls raising returns and PR game
The conclusion of the discussions was worrying for those present - pressure is rising and the industry is losing a battle not to be seen as one of the world’s biggest evils
Economic relief boosts investor confidence, PSX up by 231 points
KARACHI: The Pakistan Stock Exchange (PSX) continued its winning streak for the fifth successive session with bulls dominating trade screens all day...
Dollar holds firm as global growth concerns support safe-havens
The dollar index, which measures its strength against a group of six major currencies, was steady at 96.33, holding near a 2-week high of 96.43 hit on Monday
FTA between Pakistan and Turkey can help increase bilateral trade
Jawad hoped with the new Economic Framework Agreement and FTA trade activities will increase and achieve the initial target worth USD two billion trade between the two countries
UN cuts 2019 growth forecast to below 4% for Pakistan
UN said changes in trade policy can greatly decrease the rising trade costs across the region, facilitate the access to foreign inputs to exporters and enable the participation in global value chains (GVCs)