• Business

    Newmont buys Goldcorp for $10bln

    New York: US gold miner Newmont Mining Corporation said in a statement on Monday it was buying Canadian rival Goldcorp Inc for $10 billion, creating t... Read More

  • Business

    China?s US trade surplus hit record in 2018 but tariffs bite

    Beijing: China\'s trade surplus with the United States hit a record high last year but the country´s imports and exports fell in December as the... Read More

  • Business

    Million-rupee units, sector reformsseen as groundwork of budget housing

    LAHORE: If the government wanted to provide affordable housing to most of the people, then it would have to shift focus to building housing units cost... Read More

  • Business

    Comment

    Disappointing trade data from China overnight served to reignite fears of a global economic slowdown James Hughes Analyst AxiTrader... Read More

  • Business

    Rupee weakens

    The rupee closed slightly weaker against the dollar in the interbank market on Monday due to increased dollar demand from importers, dealers said. The... Read More

  • Business

    SpaceX to lay off 10pc of workforce

    Los Angeles: SpaceX plans to lay off 10 percent of its more than 6,000 employees, a source familiar with the decision said.\"To continue delivering fo... Read More

  • Business

    Japan forced to amend budget

    Tokyo: Japan has said it will have to amend its upcoming budget to fund compensation for people whose benefits were incorrectly paid for years because... Read More

  • Business

    ?Tax cuts support employment?

    SHANGHAI: China’s plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the cou... Read More

  • Business

    Zimbabwe to re-introduce local currency within a year

    Harare: Zimbabwe will re-introduce a local currency \"in less than 12 months\", after using the US dollar and regional currencies since a hyperinflati... Read More

  • Business

    Government shutdown becomes longest in US history

    Washington: The partial US government shutdown entered a record 22nd day on Saturday, as President Donald Trump remains steadfast in his demand for $5... Read More

  • Business

    Kabul faces water crisis as drought, population strain supply

    Kabul: Standing in his garden in Kabul, Baz Mohammad Kochi oversees the drilling of a new well more than 100 metres deep after his first water reservo... Read More

  • Business

    Increased costs bite US retailers despite higher sales

    New York: Holiday shopping reports underscored anew the challenges US retailers face in the Amazon era -- even if consumers are willing to open their ... Read More

  • Business

    France vows tough response as new ?yellow vest? demos loom

    Paris: France braced for a fresh round of \"yellow vest\" protests across the country on Saturday, with the authorities vowing zero tolerance for viol... Read More

  • Business

    Why Jim Yong Kim?s move has shaken up the World Bank

    The day after suddenly announcing that he was ditching the presidency of the World Bank for a Wall Street private equity firm, Jim Yong Kim made an ap... Read More

  • Business

    Comment

    Sometimes he (US President Donald Trump) hasn’t been fair (on OPEC output stance)… Nobody wants volatility (in oil prices), I am sure Tru... Read More

  • Business

    Rupee stable

    The rupee maintained its overnight levels against the dollar in the interbank market on Friday, dealers said. It closed at 138.84/dollar, compared wit... Read More

  • Business

    Comment

    In the short-term, if government shutdowns don’t last very long they have typically not left much of a mark on the (US) economyJerome PowellFede... Read More

  • Business

    Rupee stable

    The rupee maintained its overnight levels against the dollar in the interbank market on Friday, dealers said. It closed at 138.84/dollar, compared wit... Read More

  • Business

    Comment

    In the short-term, if government shutdowns don’t last very long they have typically not left much of a mark on the (US) economyJerome PowellFede... Read More

  • Business

    Rupee gains

    The rupee ended slightly higher against the dollar on Thursday, amid insignificant dollar demand from importers, with bullish underlying sentiment, de... Read More

  • Business

    Comment

    When you issue first (international bond) or among first in early January it is bothgood test for market perception for your credit story and investor... Read More

  • Business

    WB warns brewing trade storm jeopardises global economy

    Washington: Trade conflict between the world\'s two largest economic powers already is inflicting collateral damage and threatens to do yet more harm ... Read More

  • Business

    Apple?s Tim Cook got big pay bump in 2018

    Washington: Apple gave its chief executive Tim Cook a hefty 22 percent pay raise in 2018, bringing his total compensation for the year to almost $15.7... Read More

  • Business

    Rupee weakens

    The rupee inched down against the dollar in the interbank market on Wednesday, dealers said. It closed at 138.90 against the greenback, compared with ... Read More

  • Business

    Comment

    The Fed is bordering on going too far and possibly tipping the (US) economy into recession if it pushes rates up furtherJames Brian BullardPresident, ... Read More

  • Business

    WB chief?s exit could give Trump lever over development lending

    Washington: The surprise early departure of World Bank President Jim Yong Kim potentially hands United States President Donald Trump a key lever over ... Read More

  • Business

    Comment

    China’s position in the China-US trade friction and its solutions to the friction is open, it’s transparent. We have shown our sincerity, ... Read More

  • Business

    Comment

    I think China wants to get it (trade dispute with the US) resolved. Their economy’s not doing well … I think that gives them a great ince... Read More

  • Business

    Rupee declines

    The rupee ended weaker against the dollar in the local currency market on Monday, dealers said. In the interbank market, the rupee closed at 138.93 ag... Read More

  • Business

    Bristol-Myers Squibb to face suit

    Washington: A federal US judge has ruled pharmaceutical company Bristol-Myers Squibb, Johns Hopkins University and the Rockefeller Foundation must fac... Read More

  • Business

    US team to visit China for trade talks

    Beijing: A US government delegation will visit China next week for the first face-to-face talks since President Donald Trump and his Chinese counterpa... Read More

  • Business

    German job boom extends run

    Frankfurt: Unemployment in Germany ended 2018 steady at a historic low, official data showed on Friday, with firms still keen to take on new workers e... Read More

  • Business

    Iran approves anti-money laundering bill to ease international trade

    Tehran: An Iranian arbitration body gave its approval on Saturday to an anti-money laundering bill seen as crucial to maintaining international trade ... Read More

  • Business

    Offices grow ?brains? as companies seek to attract smarter workers

    BERLIN: Employees will not need a key to get into the office of the future when it opens in Berlin this year, featuring ample meeting space, plenty of... Read More

  • Business

    ?China could put reforms on hold to boost economy?

    Beijing: President Xi Jinping hailed China´s \"reconstructive reforms\" in a speech, but the sorely needed changes could be put on ice in favour... Read More

  • Business

    Plant yield up 40pc through ?genetic hack?

    Washington: For years, researchers at the University of Illinois have been trying to find out whether it is possible to genetically modify a crop to b... Read More

  • Business

    Buzz grows ahead of major tech show

    Mountain View, United States: Will flying cars take off at the upcoming Consumer Electronics Show? Well, sort of.The prototypes won´t be soaring... Read More

  • Business

    Court battle, trade war and 5G spell tough 2019 for Apple

    SHANGHAI/SAN FRANCISCO: Apple Inc’s chief executive Tim Cook has his work cut out in China this year: the iPhone maker faces the looming threat ... Read More

  • Business

    France?s ?yellow vest? protestors back on streets

    Paris: France´s \"yellow vest\" protestors were back on the streets again on Saturday as a government spokesman denounced those still protesting... Read More

  • Business

    Comment

    The markets are feeling better that the (US) Fed is not strangling the overall economy and perhaps forcing it into a recession, and that removes a mon... Read More

  • Business

    US auto consumers tap the brakes, swerve away from small cars

    Chicago: Major automakers have announced slowing 2018 sales in the US even as the industry maintained close to its overall total from the previous yea... Read More

  • Business

    Dubai bank wins right to swap Abraaj debt for fund stakes

    DUBAI: Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the debt for stakes in some of the Duba... Read More

  • Business

    Comment

    The Chinese economy is struggling, the debt mess is unresolved and the impact from the US tariffs has barely begun Bill Bishop Expert on China... Read More

  • Business

    Rupee strengthens

    The rupee closed marginally higher against the dollar in the interbank market on Friday, dealers said. It ended at 138.86 against the greenback, compa... Read More

  • Business

    Drop beef and save millions of lives, slash emissions

    Geneva: Switching from beef to alternative proteins could save millions of lives and dramatically slash greenhouse gas emissions, the World Economic F... Read More

  • Business

    Airbus finalises $11bln in jet deals

    Paris: European aircraft manufacturer Airbus said on Thursday it had finalised the sale of 120 A220-300 single-aisle jets worth $11 billion (9.7 billi... Read More

  • Business

    Luckin set to overtake Starbucks

    Beijing: After only a year in business, startup Luckin Coffee said on Thursday it will open 2,500 stores this year to dislodge Starbucks and become Ch... Read More

  • Business

    Turkish inflation falls to 20.3pc in Dec

    Ankara: Turkish inflation dropped for the second month in a row, to an annual rate of 20.3 percent after hitting a 15-year high in October, official s... Read More

  • Business

    Rupee weakens

    The rupee ended firmer against the dollar on Thursday due to routine dollar demand from importers, dealers said. The rupee closed at 138.90 against th... Read More

  • Business

    Comment

    We did not foresee the magnitude of the economic deceleration, particularly in Greater ChinaTim CookChief executive officer of Apple... Read More

  • Business

    WAPDA realigns Mohmand dam

    LAHORE: The Water and Power Development Authority (WAPDA) has successfully realigned important project of Mohmand dam after a delay of decades, a spok... Read More

  • Business

    Oil posts first year of losses since 2015

    HOUSTON: Oil prices ended with full-year losses for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over g... Read More

  • Business

    Comment

    If current market conditions presage a US economic slowdown in 2019, investors may want to haircut valuations to incorporate slower earnings growth Ni... Read More

  • Business

    Rupee declines

    The rupee closed marginally weaker on Wednesday, as importers bought dollars to cover payments, dealers said. The rupee, which traded at 138.85/95 aga... Read More

  • Business

    Dollar weakens

    NEW YORK: The dollar fell against the yen and euro in thin year-end trading, as optimism about progress in the US-China trade dispute hurt its safe-ha... Read More

  • Business

    Comment

    OPEC and non-OPEC producers found themselves competing with additional supplies fromthe US that overwhelmed the marketAndy LipowLipow Oil Associates p... Read More

  • Business

    Rupee gains

    The rupee ended higher against the dollar in the interbank market on Monday, dealers said.The rupee closed at 138.86 against the dollar, compared with... Read More

  • Business

    Comment

    (Trade) deal is moving along very well (with China). If made, it will be very comprehensive, covering all subjects, areas and points of disputeDonald ... Read More

  • Business

    No Uber or Airbnb in South Korea

    SEOUL: When Choi Ba-da pitched his car-sharing firm Luxi to Hyundai Motor officials in 2017, he told them there would be no future for South Korea&rsq... Read More

  • Business

    Donors cut aid to Tanzania

    Nairobi: Tanzania´s tough-talking president John Magufuli has earned respect by fighting corruption, but international donors are now concerned ... Read More

  • Business

    Farmers advised to cultivate sunflower

    FAISALABAD: Farmers have been advised to prefer cultivation of Baharia sunflower crops instead of late sowing of wheat.Talking to APP on Saturday, spo... Read More

  • Business

    China?s draft investment law bans forced tech transfer

    BEIJING/SHANGHAI: China has proposed a ban on forced technology transfer and illegal government “interference” in foreign business operati... Read More

  • Business

    US energy independence is not the shining prize it seems

    It is a common sensation at this time of year: waiting for something in eager anticipation, only to find it disappointing when it eventually arrives. ... Read More

  • Business

    ?Jolly? Brexit message for EU nationals raises hackles

    London: Britain´s interior ministry was accused of poor timing and insensitive language after tweeting out a \"jolly\" post-Christmas message te... Read More

  • Business

    Costa Rica turns attention to electric cars

    San Josa: Costa Rica likes to advertise itself as an ecological paradise, where more than 98 percent of its electricity needs are met by clean energy.... Read More

  • Business

    Chinese companies offer subsidies on Huawei phones in show of support

    Shanghai: Chinese firms are encouraging staff to buy Huawei smartphones following Canada´s arrest of a top Huawei executive on a US extradition ... Read More

  • Business

    Trade wars cost US, China billions of dollars each in 2018

    CHICAGO: The US-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and... Read More

  • Business

    Comment

    Investors are beginning to price in the fact that they believe the Fed will raise rates at a much slower pace in 2019Michael AroneChief investment str... Read More

  • Business

    Descon outsources ERP services

    LAHORE: Excellence Delivered (ExD) has signed an agreement with the prestigious Descon Corporation Pvt Ltd to provide managed services for Oracle E-Bu... Read More

  • Business

    Rupee flat

    The rupee closed firm in a dull trade on Friday due to slowdown in the dollar demand from importers, dealers said.The rupee closed unchanged at 138.92... Read More

  • Business

    Comment

    Crude prices had been pressured by slowing economic growth coupled with the expectation of strong US production in the new yearStephen InnesHead of tr... Read More

  • Business

    Rupee stable

    The rupee ended steady against the dollar in a dull trading session on Thursday, dealers said. The rupee closed unchanged at 138.92 against the greenb... Read More

  • Business

    Comment

    If OPEC’s cuts are fulfilled, WTI prices are expected to rise to $50-60 a barrel, while Brent is expected to go up to between $58-70 a barrel ne... Read More

  • Business

    LCCI holds ERP training course

    LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) organised the Enterprise Resource Planning (ERP) Essential Training Course to fulfil the mo... Read More

  • Business

    Emerging nations will take longer to outpace developed economies

    LONDON: In the race to outpace developed economies, emerging countries such as China, India, and Brazil suffered a setback this year and will outgrow ... Read More

  • Business

    Two Koreas pledge to restore road, rail links

    Seoul: The two Koreas on Wednesday held a symbolic groundbreaking ceremony for reconnecting and repairing roads and railways across the divided penins... Read More

  • Business

    Comment

    We’re in a world where there’s a sense that a certain degree of fiscal action will have to be applied to avoid the world falling flat on i... Read More

  • Business

    Rupee ends flat

    The rupee was little changed against the dollar in a lacklustre trading session on Wednesday, traders said. In the interbank market, the rupee closed ... Read More

  • Business

    Iran?s economic woes go beyond sanctions

    Tehran: Iran´s government faces acute economic challenges as it announces its annual budget, expected on Tuesday, and not all of its problems ar... Read More

  • Business

    Trump calls Fed ?only problem? in US economy

    WASHINGTON: President Donald Trump blasted the Federal Reserve on Monday, describing it as the “only problem” for the US economy, as top o... Read More

  • Business

    Dollar slips to 4-month low

    TOKYO: The dollar fell against the safe-haven yen and Swiss franc on Tuesday, as investors cut their exposure to riskier assets amid the partial US go... Read More

  • Business

    Comment

    It seems that during the first half of the year, as a result of the joint actions that were fixed by an agreement in December of this year in Vienna b... Read More

  • Business

    World economy to improve where it matters most in 2019

    LONDON: The world economy is set to enjoy a very good year. In that, it will be much like 2018 and 2017 and most probably like 2020 and 2021. Economic... Read More

  • Business

    Comment

    The only problem our (US) economy has is the Fed. The Fed is like a powerful golferwho can’t score because he has no touch - he can’t putt... Read More

  • Business

    Rupee firm

    The rupee closed nearly flat against the dollar in the interbank market on Monday, dealers said. The rupee ended at 138.93/dollar, compared with the p... Read More

  • Business

    Space: the final frontier for finance

    As a science-fiction-obsessed teenager in the 1980s, “outer space” conjured up images for me of astronauts, rockets, aliens and the novels... Read More

  • Business

    US third quarter growth slows down

    WASHINGTON: The US economy slowed slightly more than previously estimated in the third quarter and momentum appears to have moderated further in the f... Read More

  • Business

    US shoppers fight back against ?porch pirates?

    Baltimore: With the holidays in full swing, Americans are bracing themselves for the seasonal onslaught of a new kind of Grinch trying to steal Christ... Read More

  • Business

    China pledges more stimulus in 2019 as economy seeks bottom

    BEIJING: China’s top policymakers confirmed that more monetary and fiscal support will be rolled out in 2019, as the world’s second-larges... Read More

  • Business

    Brazil court overrules injunction on Boeing-Embraer tie-up

    Sao Paulo: A Brazilian court on Saturday shot down a fresh injunction by a judge over a plan by planemakers Boeing of the US and Embraer of Brazil to ... Read More

  • Business

    Third straight rout ends worst week for Dow, Nasdaq since 2008 crisis

    New York: Wall Street ended its worst week in a decade with more bruising losses, and with the tech-rich Nasdaq entering a bear market amid worries ab... Read More

  • Business

    Versailles closes ahead of ?yellow vest? protest as numbers fall

    Paris: French \"yellow vests\" prepared for a sixth on Saturday of nationwide demonstrations, but numbers on the streets are falling fast as the polic... Read More

  • Business

    Comment

    We are in a fragile environment. The extremist position is winning in the Trump administration, not just on trade but on everythingGregori VolokhinePr... Read More

  • Business

    Partial government shutdown over budget impasse grips US capital

    Washington: An air of chaos enveloped Washington on Saturday as the US government kicked off the holidays by partially shutting down, following the fa... Read More

  • Business

    Comment

    The global rally in stocks seen in the past couple of years is now well and truly over. But the question going forward is whether this is the start of... Read More

  • Business

    Rupee stable

    The rupee remained steady against the dollar for the third consecutive session on Friday, dealers said. The rupee closed unchanged at 138.94 against t... Read More

  • Business

    UK retail sales boosted

    London: British retail sales rebounded strongly in November as shoppers bagged Black Friday bargains, official data showed on Thursday.Total sales jum... Read More

  • Business

    Comment

    The Fed’s (Federal Reserve) been a huge friend of the stock market and they are now a little bit of an enemy (after rate hike) and (will) probab... Read More

  • Business

    Rupee stays flat

    The rupee traded flat against the dollar in the interbank foreign exchange market on Thursday, dealers said. The rupee closed at 138.94 against the do... Read More

  • Business

    Szabul?s first convocation on Sunday

    The first convocation of the Shaheed Zulfiqar Ali Bhutto University of Law (SZABUL) will be held on Sunday at the under-construction Shaheed Mohtarma ... Read More

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