Tag archive for ‘Business & Trade’
By khabrain On Monday, August 7th, 2017

China tells Trump not to link trade to North Korea

BEIJING: China said Monday the US should not link trade to discussions about North Korea’s nuclear programme, after President Donald Trump accused Beijing of failing to restrain Pyongyang despite profiting from More...

By khabrain On Tuesday, June 20th, 2017

Saudi Arabia’s Kingdom Holding buys 7% of Careem

RIYADH: Saudi Arabia’s Kingdom Holding said on Thursday it has bought a stake in car ride-hailing business Careem, its latest venture in the booming sector. Kingdom Holding, chaired by Prince Alwaleed bin Talal, More...

By khabrain On Wednesday, May 31st, 2017

LSM registers impressive 5.1% growth during 9 months

ISLAMABAD (APP) – Large Scale Manufacturing (LSM) in the country has witnessed an impressive 5.1 percent growth during first three quarters of current fiscal year as compared to 4.6 percent in same period More...

By khabrain On Friday, April 14th, 2017

Dollar near 5-month low vs yen amid geopolitical risk

NEW YORK: The dollar fell broadly on Tuesday, nearly touching a five-month low against the Japanese yen, as geopolitical risk and declining U.S. Treasury yields pushed traders out of the greenback. The yen gained More...

By khabrain On Friday, March 10th, 2017

China auto sales jump in February: industry group

SHANGHAI (AFP) – Automobile sales in China jumped more than 22 percent year-on-year in February, an industry group said Friday, in fresh evidence that a cut in purchase taxes was supporting demand in the world More...

By khabrain On Thursday, February 9th, 2017

US queries PayPal in money laundering probe

SAN FRANCISCO: US authorities have demanded information from online payment service PayPal as part of a money laundering investigation, according to a regulatory filing available on Wednesday. “We have received More...

By khabrain On Tuesday, February 7th, 2017

Hyundai to assemble cars in Pakistan

ISLAMABAD: Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on Friday. Hyundai’s return to Pakistan will More...

By khabrain On Friday, January 27th, 2017

Trump promises CEOs to slash taxes, regulation

WASHINGTON: US President Donald Trump promised business leaders Monday that he would cut taxes “massively” and slash regulations by 75 percent. He also warned the 12 corporate CEOs gathered at the White House More...

By khabrain On Friday, January 13th, 2017

Saudi minister optimistic about oil market stabilisation

ABU DHABI: Saudi Energy Minister Khaled al-Falih said Thursday he was optimistic about a stabilisation of the oil market following an OPEC deal to cut output. “We believe that the agreement that we refer to between More...

By khabrain On Wednesday, December 21st, 2016

Pak Suzuki to invest USD 460 mn in Pakistan to set up second plant

ISLAMABAD (Web Desk) – Managing Director of Pak Suzuki Motors Hirofumi Nagao called on the Finance Minister, Senator Ishaq Dar and discussed his company’s plan of future investment in Pakistan, the Ministry More...