ICSID rules against Pakistan in the Reko Diq gold-cum-copper mine project
An arbitration tribunal of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has ruled against Pakistan in the Reko...
US tech giant IBM launches blockchain service
International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from...
World Bank indirectly backs harmful SE Asian projects
World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in...
Apple to add 2 more R&D centres in China
Apple will set up two new research and development centres in Shanghai and Suzhou in China, it said in a statement in...
German minister proposes slapping fines up to 50m Euros on social media sites
Germany’s justice minister is proposing fines of up to 50 million euros ($53 million) for social networking sites that fail to remove...
Govt announces reform strategy for cross-border movement of goods under TFA
The government announced a reform strategy on Wednesday for cross-border movement of goods under the Trade Facilitation Agreement (TFA).
Commerce Minister Khurram Dastgir...
US Federal Reserve increases benchmark interest rate a quarter point
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, after noting that inflation is moving closer to...
HEC and Microsoft partner up to host ‘Microsoft’s Imagine Cup’
Higher Education Commission (HEC) has partnered with Microsoft to bring the tech giant's global student competition: Imagine Cup, to Pakistan this year....
Oil falls to a three-month low as US supply rises
Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...
FPCCI , CWEIC to sign strategic partnership agreement
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is going to sign a strategic partnership agreement with the Commonwealth Enterprise...
Trump’s tax cut promise: US stocks end at records for another day
Wall Street stocks pushed to fresh records on Friday, again rallying off comments from President Donald Trump signalling imminent action on tax...
Pakistan to host ECO leaders’ summit in March
Pakistan is getting ready to host the 13th Summit of the Economic Cooperation Organization (ECO) in March this year, an official source...
China fines GM unit $29 million for ‘price-fixing’
Beijing has fined the Chinese unit of General Motors nearly $29 million for “infringing on the rights of consumers and its competitors”...
Uber lost more than $800 million in third quarter 2016: Bloomberg
Privately held ride-hailing company Uber Technologies Inc lost more than $800 million in the third quarter, Bloomberg reported on Monday.
The company's...
Pakistan’s capital market up for another big liquidity event, analyst report
KSE-100 Index rallies 1.75 percent ahead of Nasdaq delegation’s visit
The selloff of up to 40 percent stakes of Pakistan Stock Exchange (PSX)...