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Pompeo on China trade war: 'We are going to win'
"We're going to get an outcome which forces China to behave...you don't steal intellectual property,” says Pompeo.
OPEC raises forecast based on US oil production
World supply of all hydrocarbons would rise from a current 98.4 million barrels per day to 104.5 million by 2023.
Govt prepares proposals for WTO reforms
The call for reforms within and outside WTO was initiated by the United States to counter the policies of China.
China cancels trade talks with US as new tariffs loom
“We are under no pressure to make a deal with China, they are under pressure to make a deal with us."
Stocks add 400 points in shortened week
Investors are worried over the looming balance of payments crisis.
Cigarette production rises by 72pc in FY18
The massive 2017 decline in revenue has compelled the government to encourage for higher production.
‘Curbing gender gap can foster economic growth’
"Only 8 per cent women in Pakistan borrow money from banks, compared to 51pc in Brazil."
FPCCI regrets reversal of ban on non-filers
The FPCCI says that allowing non-filers to buy property, vehicles will defeat the objective of broadening the tax base.
Crude bears the brunt of Trump’s tweets
Trump once against castigated the Opec, blaming them for high oil prices.
Fuel import bill surges 30pc
Machinery arrivals decline 19.2pc.
BULLION RATES
| City | Gold (24-ct) | Silver |
|---|---|---|
| Karachi | 50,754 | 685.87 |
| Multan | 49,150 | 685.00 |
EXCHANGE RATES
Exchange Rates for Currency Notes
| Countries | Selling (Rs.) | Buying (Rs.) |
|---|---|---|
| U.S.A. | 125.20 | 125.60 |
| U.K. | 164.30165.8 | - |
| Euro | 145.50147.0 | - |
| Japan | 1.1000 | 1.1300 |
| Saudi Arabia | 33.25 | 33.40 |
| U.A.E. | 34.20 | 34.35 |
Highlights
Aurora
Business & Finance
What to expect in the ‘mini-budget’
The combined impact of even a minor setback to economic growth
coupled with higher inflation will...
Are provinces blocking access to the IMF?
Even one province can indirectly stall the federal government’s talks with the IMF by not agreeing to expenditure cuts.
The ‘policy’ that broke the camel’s back
"The govt policy of banning sales to non-filers will hurt existing car makers," says a prominent auto parts producer.
Who’s in charge of Darawat dam?
Sindh govt's inability to get administrative control from Wapda 4 years after completion is a disturbing turn of events.
Pakistan is missing the boat on seafood exports
Our fisheries sector can contribute more to agricultural GDP if authorities come up with a result-oriented revival plan.