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IMF members set aside trade split as French vote rattles nerves

International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration:…

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APPAC held meeting with civil society to promote national cause

ISLAMABAD: President of American-Pakistani Public Affairs Committee (APPAC)Dr Ijaz Ahmad and its another senior member Ajmal Chaudhdary held detailed meetings with the representatives of civil society. During their visit to…

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ZTBL overshoot Rs 21.5 billion during last ten years: Senate

ISLAMABAD: The Senate was informed that Rs 21.5 billion including Rs 8.7 billion principle and Rs 12.8 billion mark up were waived off or written of to 313,392 borrowers by…

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Sikandar Hayat asks for enhancing investment in agri-sector

ISLAMABAD: Minister for National Food Security and Research Sikandar Hayat Khan Bosan called upon the provincial governments to increase investment in agriculture sectors for their own benefit and socio economic…

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Govt declares Rs 15.4 bln for Burhan-Hakla Road

ISLAMABAD: The government has released Rs 15.4 billion for the construction of the China Pakistan Economic Corridor (CPEC) project Burhan-Hakla on M-I to D.I. Khan Motorway out of total allocation…

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Oil prices edges lower, but oversupply still weighs

Oil prices regained some ground on Thursday after steep losses the previous day, as Kuwait said it expected an OPEC-led effort to cut supplies would be extended beyond the middle…

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Pak continues to beat Indian, Chinese valuation over long duration

ISLAMABAD: Last September, the Global X MSCI Pakistan ETF was up 20%, beating India and China’s comparable ETF’s by almost two to one  though Pakistan continues to beat both Chinese…

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Dollar hits five-month low vs yen as North Korea tensions rise

TOKYO: The dollar dipped to a five-month low against the yen on Monday as rising tensions over North Korea kept the safe-haven Japanese currency in demand. The dollar index against…

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World Bank expects Pakistan’s economy to grow 5.2% in 2017

ISLAMABAD: With growth prospects continuing to improve and inflation remaining contained, Pakistan economy would continue to grow at 5.2 percent in 2017, the World Bank (WB) predicted in its recent…

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US retail sales fell 0.2% in March

U.S. retail sales fell for a second straight month in March and consumer prices dropped for the first time in just over a year, underscoring the magnitude of the loss…

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KP CM offer investment opportunities to Chinese entrepreneurs

BEIJING: Chief Minister, Parvez Khattak along with a high-powered delegation will arrive here on Sunday to host a road show aimed at offering investment opportunities and economic collaboration to Chinese…

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EDB all set to organize Hannover Messe-2017

ISLAMABAD: Engineering Development Board (EDB), Ministry of Industries and Production is all set to organize Hannover Messe-2017, Germany scheduled from April 24-28, 2017 with funding support provided by Ministry of…

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