BEIJING: Logistical bottlenecks and swelling crude inventories will soon force China's independent refiners to cut back on a surge of...

CANBERRA: The Reserve Bank of Australia has cut its benchmark interest rate to a historic low of 1.75%, the first...

BRASÍLIA: Brazil posted a trade balance of of $4.8 billion in April, government data showed on Monday, a record surplus...

DHAKA: Clothing exports could create more and better jobs in Bangladesh if the country makes improvements in productivity, product quality...

ISLAMABAD: The World Bank has approved a package of assistance worth $1 billion to support Pakistan’s economic reforms. The assistance...

KARACHI: Information Technology is the fastest growing exports sector of the country at present with a growth rate of over...

LAHORE: Over 100 small and medium enterprises (SMEs) from Karachi, Lahore, Faisalabad and Sialkot that implemented the energy efficiency measures...

‎The National Drug Law Enforcement Agency (NDLEA) has arrested a 24-year-old female passenger from Dubai, Igbainoba Uche Rose, for smuggling...

WELLINGTON: ANZ New Zealand, the local unit of the Australian bank, reported an 11% decline in cash profit as growth...

LAHORE: The Punjab Seed Council (PSC) has approved 10 new genetically modified (Bt) and two non-Bt cotton varieties for cultivation...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a new micro-insurance product under the SECP (Microinsurance) Rules,...

ANKARA: The Turkish government recently announced it would impose a 3% duty on all U.S. cotton imports -- claiming they...

ISLAMABAD: The country’s inflation has surged to 4.3 percent in April crossing well past the 4 per cent mark for...

BANNU: Prime Minister Nawaz Sharif Tuesday announced to build an international airport in Bannu, alongside other development projects in Khyber-Pakhtunkhwa....

TOKYO: China and Japan’s economies are expected to slow sharply over the next two years but Asian growth will remain...

ABUJA: Nigeria’s earnings from the petroleum industry continue to be hard-hit as the United States (U.S.) Liquefied Natural Gas (LNG)...

ISLAMABAD: Rakhshanda Aziz, a BS-20 officer of Inland Revenue Service, has assumed the charge of the post of Director General...

TOKYO: Japanese oil companies are shelling out more for crude bought under long-term contracts from Saudi Arabia and elsewhere amid...

JEDDAH: With 500 private aviation aircraft, Saudi Arabia’s private aviation sector is considered the GCC’s largest general aviation market and...

RIYADH: The non-oil private sector in the United Arab Emirates and Saudi Arabia lost some growth momentum in April, with...