Govt urged not to impose new taxes on beverages
KARACHI: Karachi Chamber of Commerce & Industry (KCCI) former president and Businessmen Group (BMG) Chairman Siraj Kassam Teli has requested the government not...
Oil rises as Saudi Arabia signals OPEC deal extension
LONDON: Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend...
‘China has tools to handle trade war’
BEIJING: China's central bank chief said on Friday that the country has plenty of policy tools left to handle the trade war with...
Pak Army volunteers to reduce defence expenditure
Prime Minister Imran Khan appreciated the “unprecedented” and “voluntary initiative” of the Pakistan armed forces to reduce defence expenditure for the next fiscal year due to the country’s financial situation.
IMF slightly lowers China’s 2019 GDP growth forecast to 6.2%
China on Tuesday issued a pair of travel alerts to its citizens going to the United States, warning them of police harassment and crime.
Google to buy analytics software firm Looker for $2.6 billion
Google's parent company Alphabet’s private equity fund CapitalG previously invested in Looker as well.
Asia shares dazed by trade uncertainty, U.S. jobs risks
Oil prices regained a little ground after a rough week but was still vulnerable to worries about global demand and oversupply
IMF warns US about trade risks and financial vulnerabilities
The IMF criticised US regulators for offering “little institutional response to counter these growing risks” and for instead easing regulatory constraints.
Google flags U.S. national security risks from Huawei ban: FT
Google in particular is concerned it would not be allowed to update its Android operating system on Huawei smartphones, which it argues would prompt the Chinese company to develop its own version of the software
Trump tariffs could sink Mexican peso to lowest point this year: analysts
Jesus Lopez, an analyst at the Banco Base, said it is difficult to envision a sustained appreciation of the currency because the country’s credit profile may continue to weaken.
Facebook suspends app pre-installs on Huawei phones
Huawei has said it was prepared for the U.S. action and vowed to work around any disruptions. But some customers at stores in Europe and Asia have told Reuters that they are reluctant to buy Huawei phones in the face of uncertainties
Sindh Bank – Summit Bank merger called off
Sindh Bank’s BoD says merger between the two banks not advisable in present circumstances
KARACHI: Summit Bank Limited submitted (SMBL) an update...
China warns its companies on US travel, rebuffs trade criticism
BEIJING/WASHINGTON: China warned its companies operating in the United States on Tuesday they could face harassment from US law enforcement agencies, as it...
US manufacturing struggling as orders, shipments decline
WASHINGTON: New orders for US-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in...
FBR seeks info of account holders having deposits above Rs0.5m
The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits...