trade

Asian markets mostly down, trade war fears back in headlines

Asian markets mostly down, trade war fears back in headlines

HONG KONG (AFP) – Asian markets mostly fell Tuesday with Hong Kong and Shanghai stocks sinking following a report that the White House is preparing to impose tariffs on all its Chinese imports, throwing the trade war back into the spotlight.The story added to skittishness across trading floors, where investors are already fretting over a […]

Rupee touches record low against dollar in inter-bank trade

Rupee touches record low against dollar in inter-bank trade

The rupee was in free fall in the inter-bank market on Tuesday morning as it shed more than Rs11 against the US dollar over fears that the International Monetary Fund (IMF) conditions for a loan will further devalue the Pakistani currency. The rupee went past Rs138 to a dollar during the day’s trading session. Traders said fears […]

China won’t just play defense in trade war, Global Times warns

China won’t just play defense in trade war, Global Times warns

BEIJING: China will not be content to only play defense in an escalating trade war with the United States, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday.Beijing may also decline to participate in proposed trade talks with Washington later […]

Fresh business priorities: normalising trade

Fresh business priorities: normalising trade

FOLLOWING in the footsteps of prime minister-in-waiting Imran Khan, the country’s influential grouping of businesses, conglomerates and multinationals has come up with a 100-day economic plan that seeks a complete moratorium on new trade agreements and renegotiation of the one with China. The 100-Day Economic Agenda of the Pakistan Business Council (PBC) calls upon the […]

Pakistan and Tajikistan Tuesday agreed to further strengthen their relations by adopting measures to take bilateral trade to US $ 500 million per annum, immediate revival of air links and early implementation of CASA-1000 (Central Asia South Asia) electricity project.

Pakistan and Tajikistan Tuesday agreed to further strengthen their relations by adopting measures to take bilateral trade to US $ 500 million per annum, immediate revival of air links and early implementation of CASA-1000 (Central Asia South Asia) electricity project.

DUSHANBE, June 19 (APP): Pakistan and Tajikistan Tuesday agreed to further strengthen their relations by adopting measures to take bilateral trade to US $ 500 million per annum, immediate revival of air links and early implementation of CASA-1000 (Central Asia South Asia) electricity project. The two sides reached this agreement during talks between President Mamnoon […]

Trade spat looms as Trump heads for hostile G7

Trade spat looms as Trump heads for hostile G7

QUEBEC CITY;Europe and hosts Canada warned US President Donald Trump on Thursday that they will not be intimidated at the G7 summit, despite fears that a trade war will weaken the Western alliance. With the leaders of the Group of Seven industrialized democracies due in Quebec, Canada s Prime Minister Justin Trudeau warned the US leader […]

US isolated as trade outrage roils G7 ministerial meet

US isolated as trade outrage roils G7 ministerial meet

Group of Seven finance ministers ended their annual meeting Saturday with US allies united in condemning Washington s aggressive protectionism, calling on President Donald Trump to reverse his decision to impose punishing metal tariffs. The lack of common ground meant the dispute would continue into next week s G7 summit in Quebec, Canada, where Trump is expected […]

World on brink of trade war as US slaps tariffs on allies

World on brink of trade war as US slaps tariffs on allies

WHISTLER, Canada (AFP) – The world’s largest economies stood on the brink of all-out trade war as the EU, Canada and Mexico drew up retaliatory measures to Washington’s stinging steel and aluminium tariffs that came into effect on Friday. Washington angered its major allies by slapping duties of 25 percent and 10 percent on imports of […]

Israel, Hamas trade fire on Gaza border; Palestinian killed

Israel, Hamas trade fire on Gaza border; Palestinian killed

JERUSALEM (AP) — Israel’s military says a tank fired at a Hamas position in the Gaza Strip after Israeli troops came under fire on the frontier while apprehending two armed Palestinians.The Palestinian Health Ministry said the Israeli shelling on Monday killed a man and seriously wounded another in the northern Gaza Strip. Hamas said the […]

World Trade Center Pakistan, The world’s most advanced and corporate network project affiliated with the World Trade Centers Association

World Trade Center Pakistan, The world’s most advanced and corporate network project affiliated with the World Trade Centers Association

Special Report by: Asghar Ali Mubarak March, 22, 2018 Islamabad; World Trade Center Pakistan, The world’s most advanced and corporate network project, the World Trade Center will become the First International Business District of Pakistan, At the brinks of most innovative architecture, top of the line artwork, and grand open spaces. This is a neighborhood which […]