Business & Economy

BEIJING, March 17 (Xinhua/APP): The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China’s interbank market, decreased 3.1 basis points to 2.009 percent Thursday. The seven-day rate dropped 3.2 basis points to 2.083 percent, the one-month rate edged down 0.1 basis […]

BEIJING – March 16 (ONLINE) Escalating sanctions on Russia are complicating the global economic recovery process, Chinese Foreign Minister Wang Yi said in a telephone conversation with his Dutch counterpart Wopke Hoekstra. “The US and Europe keep tightening sanctions on Russia. As for the difficult […]

Lahore, March 16 (Online): Provincial Minister for Industry and Commerce Mian Aslam Iqbal has said that millions of people have benefited from various schemes of easy loans of Punjab Small Industries Corporation. Hundreds of thousands of people have got employment with the issuance of easy […]

RAWALPINDI, Mar 16 (APP): A delegation of FPCCI led by Chairman Irfan Iqbal Sheikh, Chairman Businessmen Panel & former President FPCCI Mian Anjum Nisar visited the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Wednesday. Irfan Iqbal Sheikh congratulated the leadership of RCCI on […]

ISLAMABAD, Mar 16 (APP): Minister for Water Resources, Moonis Elahi, chaired the 18th meeting of the Project Steering Committee of Dasu Hydropower Project. Three agenda items were discussed in the meeting including the approval of the proposal of the Govt of KP on the modus […]

SAN FRANCISCO, March 16 (Xinhua/APP) –:Amazon announced Tuesday that it will invest over 124.4 million U.S. dollars to build 1,060 affordable homes near four public transit sites, working in partnership with the Washington Metropolitan Area Transit Authority (Metro) and Sound Transit, the transit system serving […]

ZHENGZHOU, March 16 (Xinhua/APP):Cotton futures closed higher Wednesday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for May 2022 delivery gained 225 yuan (about 35.27 U.S. dollars) to close at 21,345 yuan per tonne. On Wednesday, the total trading […]

Beijing, March 16 (AFP/APP):Its factories tool the world with mobile phones, while some of China’s best tech brains go there to churn out apps and games — but Shenzhen is now in lockdown as the coronavirus inflicts economic pain on the country and rattles markets. […]

ISLAMABAD, Mar 15 (APP): Federal Minister for Finance and Revenue Shaukat Tarin Tuesday held a meeting here with a delegation of Pakistan Pharmaceuticals Association (PPMA) headed by its chairman Qazi M Manzoor. The PPMA chairman thanked the finance minister for addressing the problems being faced […]

ISLAMABAD, Mar 15 (APP): The government, in line with the decision of Prime Minister Imran Khan in the last fortnightly review, has decided to keep prices of petroleum products unchanged for the next 15 days. The Finance Ministry, in a press release, said despite abnormal […]