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: 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: 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

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