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The State Bank of Pakistan (SBP) is expected to hold its policy rate on Monday, a Reuters poll showed, as many analysts shifted their previous view of...
United States and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove Beijing’s...
Mercedes-Benz was in talks with top suppliers on Wednesday about building ‘buffers’ such as stockpiles to protect against potential threats to...
US President Donald Trump backed away on Sunday from his threat to slap 50 per cent tariffs on imports from the European Union next month, agreeing to...
US President Donald Trump backed away on Sunday from his threat to slap 50 per cent tariffs on imports from the European Union next month, agreeing to...
SHANGHAI: China’s Premier Li Qiang said on Saturday that China and Indonesia will promote “true multilateralism”, the official Xinhua news...
Britain agreed the most significant reset of defence and trade ties with the European Union since Brexit on Monday after US President Donald Trump’s...
Moody’s downgraded the US sovereign credit rating on Friday due to concerns about the nation’s growing $36 trillion debt pile in a move that could...
Turkiye-based Celebi, which provides airport ground handling in India, has launched a legal challenge to New Delhi’s decision to overturn its...
US President Donald Trump said on Thursday that India had offered a trade deal that proposed “no tariffs” for American goods, while expressing his...
LONDON: Gold prices dropped more than 2 per cent on Wednesday, hitting an over one-month low, as rising trade optimism boosted risk appetite, leading...
WASHINGTON: The US Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to...
Pakistan has received the second tranche of special drawing rights (SDR) worth $1.023 billion from the International Monetary Fund (IMF) under the...
BEIJING: President Xi Jinping vowed on Tuesday to boost China’s footprint in Latin America and the Caribbean with a new $9 billion credit line and...
NEW YORK: Oil prices climbed about two per cent to a two-week high on Monday after the US and China agreed to temporarily slash tariffs, raising hopes...
The recent military escalation with arch-rival India won’t have a large fiscal impact on Pakistan and can be managed within the current fiscal...
GENEVA: Top US and Chinese officials wrapped up the first day of talks in Switzerland on Saturday aimed at defusing a trade war that threatens to...
NEW YORK: MSCI’s global equities index was barely higher on Friday while Wall Street trading was choppy and the dollar lost ground as a US trade...
NEW YORK: Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a wide-ranging deal between the United States and...
United States President Donald Trump and British Prime Minister Keir Starmer on Thursday announced a “breakthrough deal” on trade that leaves in...
India and the United Kingdom concluded on Tuesday a long-coveted free trade pact, in a landmark deal that represents London’s most significant...
India has begun work to boost reservoir holding capacity at two hydroelectric projects in the India-occupied Kashmir, sources with knowledge of the...
US President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and...
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials...
OMAHA: Warren Buffett warned of the perils of excessive tariffs, saying they should not be a “weapon” and that the United States would be more...
Pakistan on Saturday banned the use of its ports by Indian flag carriers in a tit-for-tat response as diplomatic tensions between the two nations...
WASHINGTON: US President Donald Trump’s administration proposed a $163 billion cut to federal spending next year, which would eliminate more than a...
Adviser to the Finance Minister Khurram Shehzad on Friday said the country’s International Monetary Fund (IMF) programme was “completely on...
Beijing is “evaluating” an offer from Washington to hold talks over US President Donald Trump’s 145 per cent tariffs, China’s Commerce...
NEW YORK: Oil prices fell about three per cent to a two-week low on Tuesday as investors braced for Opec to boost output and worried US President...
WASHINGTON: Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from President Donald...
WASHINGTON: Global policymakers gathering in Washington this week breathed a collective sigh of relief that the US-centric economic order that...
ROME: US President Donald Trump asserted in an interview published on Friday that tariff negotiations were under way with China, but Beijing denied...
Pakistan has put in a request to China to augment its existing swap line by 10 billion yuan ($1.4bn), Finance Minister Muhammad Aurangzeb said, adding...
BEIJING: China warned a G20 meeting that world economic growth was “insufficient” as tariff and trade wars exacerbated economic and financial...
WASHINGTON: The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the...
• Predicts Saudi Arabia will enter the Abraham Accords • Says US will ‘lead the pack’ against Iran if N-talks fail WASHINGTON: US President...
The International Monetary Fund (IMF) on Tuesday slashed its growth forecast for Pakistan to 2.6 per cent, citing the impact of US tariffs now at...
ZURICH: Klaus Schwab, founder of the World Economic Forum which gathers the world’s business and political elite in the Swiss mountain village of...
A second Boeing jet intended for use by a Chinese airline was heading back to the US on Monday, flight tracking data showed, in what appears to be...
ISLAMABAD: The Pakistani government will seek expressions of interest (EoIs) next week for the sale of Pakistan International Airlines, the...
WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the International Monetary...
KARACHI: Kuwait extended an oil credit facility to Pakistan for an additional two years, Pakistan’s petroleum ministry said on Wednesday, which will...
The United States announced that China now faces a new tariff of up to 245 per cent due to its retaliatory measures, according to a statement by the...
Global ratings agency Fitch on Tuesday upgraded Pakistan’s foreign currency credit rating to ‘B-’ from ‘CCC ’, citing increased confidence...
India and China have held one round of talks on resuming direct passenger air services, but no dates have been fixed yet, New Delhi said on Monday, as...
American stocks sank on Thursday, giving back some of the huge gains that followed United States President Donald Trump’s decision the day before to...
The World Bank’s private investment arm, International Finance Corporation (IFC), will provide $300 million in debt financing for the Reko Diq...
American stocks sank on Thursday, giving back some of the huge gains that followed United States President Donald Trump’s decision the day before to...
ISLAMABAD: Oil and Gas Development Company Ltd expects to start production in Abu Dhabi’s Offshore Block-5 by 2027, while also increasing domestic...
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