US, China spar at WTO, blame each other for trade crisis
GENEVA:Â 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:Â 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:Â 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:Â 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:Â Stressing on fostering and...
Pakistani businessmen urged to facilitate Canadian counterparts
KARACHI:Â 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
Oil prices fall as investors take profits amid China economy worries
Brent crude oil futures were at $61.09 per barrel at 0353 GMT, down 36 cents, or 0.6 percent, from their last close
China’s consumers, factory output take a beating as economic gloom deepens
Retail sales rose 8.1 percent in November from a year earlier, data from the National Bureau of Statistics showed on Friday, below expectations for an 8.8 percent rise and the slowest since May 2003
Pak-Turkey ties need to be materalised: envoy
KARACHI: Keeping in mind that the trade volume between Turkey and Pakistan is limited to only $700 million, it is imperative that...
Afghanistan opens new trade route with aim of building link to Europe
The corridor is the latest in a series of energy and transport projects aimed at opening Afghanistan up as a hub at the heart of Central Asia
PM directs BOI to present plan on ease of doing business
ISLAMABAD:Â Prime Minister Imran Khan has directed the Board of Investment to formulate and present a comprehensive strategy in order to simplify the...