Foreign investment on the rise, says Ali Muhammad Khan

ISLAMABAD: Minister of State for Parliamentary Affairs Ali Muhammad Khan on Saturday said that foreign investment in the country is on the rise...

Qatar Investment Authority aims to reach $45 billion in US investments

DOHA: Qatar Investment Authority aims to raise investments in the United States (US) to $45 billion in the next two years as...

Saudi energy minister says oil market on ‘right track’

ABU DHABI: Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly...

Bank of China to enable payment in yuan on US e-commerce platforms: Xinhua

BEIJING: Bank of China’s New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales...

China retailers slash iPhone prices after Apple sales warning

SHANGHAI: Several Chinese electronics retailers, including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of...

‘China to import potato, cherry and wheat from Pakistan’

Envoy says Chinese govt will formally invite Pakistani experts to monitor the hybrid rice seed expertise of China ISLAMABAD: Chinese Ambassador to Pakistan...

China to set lower GDP growth target of 6-6.5 percent in 2019: sources

The growth of about 6.2 percent is needed in the next two years to meet the ruling Communist Party’s longstanding goal of doubling gross domestic product and incomes in the decade to 2020, and to turn China into a “modestly prosperous” nation

Asian stocks rise on Fed restraint, U.S-China trade hopes

Japan’s Nikkei 225 index advanced 0.7 percent to 20,306.16 and South Korea’s Kospi was 0.4 percent higher at 2,071.18

Dollar slips on Fed chief’s “patient” comments

In 2018, the greenback outperformed its peers, gaining 4.3 percent as the Fed hiked rates four times on the back of a strong domestic economy, falling unemployment and rising wage pressures

Oil slips on economic worries, but still set for strong weekly gain

Traders said the declines came on lingering concerns over the health of the global economy

Export facilitation: Number of commercial councilors to be increased

ISLAMABAD: In order to enhance the country’s exports, the government has decided to increase the numbers of commercial councilors. It has also been decided...

‘Imposition of regulatory duties by Pakistan keeping Sri Lankan investors away’

Envoy stresses need to organise forums in which business communities of both countries could identify obstacles hampering trade KARACHI: Consul General of Sri...

Exports surge by 1.7pc, trade deficit shrinks by 5.6pc in six months

KARACHI: The country’s exports have surged by 1.7pc in the first half of the current fiscal year (July-Dec 2018-19) and stood at $11.186...

China says trade talks with US made progress on forced tech transfers, IP rights

BEIJING: China and the United States made progress during their recent trade talks over structural issues such as forced technology transfers and intellectual...

Commodity-linked currencies gain on China-U.S. trade hopes

The dollar index, which measures the greenback against a basket of six peers, edged 0.1 percent lower to 95.803. It hovered not far off an 11-week low of 95.638 touched early this week