Author: News Feed

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Global economic outlook ‘precarious,’ no room for mistakes, IMF warns

  By News Feed 16-Oct-2019 16-Oct-2019 News Feed

WASHINGTON: The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war and other factors like Brexit… Read more

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Saudi Aramco to resume full oil production capacity by end of November

  By News Feed 09-Oct-2019 09-Oct-2019 News Feed

DUBAI: Saudi Arabia’s full oil production capacity will be recovered by the end of November, Saudi Aramco CEO Amin Nasser said on Wednesday. “By September… Read more

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Oil prices increase on signs of easing US-China tensions

  By News Feed 09-Oct-2019 09-Oct-2019 News Feed

DUBAI: Oil rose on Wednesday following media reports that China was open to agreeing a partial trade deal with the United States. on the other… Read more

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Beneficial owners of Benami accounts to face consequences: FBR

  By News Feed 09-Oct-2019 09-Oct-2019 IRS

ISLAMABAD: After refusal of Pakistan Banking Association (PBA) for updating Know Your Customer (KYC) requirements on account of beneficial owner in the light of Benami… Read more

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Imran Khan meets Chinese corporate heads to reinvigorate business and investment ties

  By News Feed 09-Oct-2019 09-Oct-2019 Business & Finance, Top Stories

BEIJING: Prime Minister of Pakistan Imran Khan held a series of meetings with the Chairpersons and CEOs of top-ranking Chinese Companies on 8 October 2019…. Read more

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Fitch lowers Aramco to ‘A’ following Saudi Arabia downgrade

  By News Feed 08-Oct-2019 08-Oct-2019 News Feed

RIYADH: Fitch on Tuesday downgraded Saudi Aramco’s Long-Term Issuer Default Rating (IDR) to “A” from “A+,” the agency’s upper medium investment grade. The outlook for… Read more

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PTI government pocketing Rs40, Rs38 per litre on diesel, petrol

  By News Feed 03-Oct-2019 03-Oct-2019 News Feed

ISLAMABAD: Amid yawning tax shortfall and for achieving envisaged primary deficit target under the IMF condition, the government is pocketing Rs40 and Rs38 per litre… Read more

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US-China trade talks set for Oct. 10

  By News Feed 02-Oct-2019 02-Oct-2019 News Feed

WASHINGTON: Top trade negotiators from the U.S. and China will meet in Washington on Oct. 10 in a bid to break the deadlock in their… Read more

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Turkey’s Central bank opens forex for gold swap market

  By News Feed 02-Oct-2019 02-Oct-2019 News Feed

ISTANBUL: Turkey’s central bank said yesterday it has opened a foreign exchange (forex) gold swap market In a written statement, the Central Bank of the… Read more