China’s factory and services activity picked up in June, official data showed Thursday, fuelled by the easing of Covid-19 restrictions in major cities such as Shanghai and Beijing.
The non-manufacturing Purchasing Managers’ Index (PMI),…
Most Asian markets fell again Thursday as traders fear that hefty rate hikes to rein in soaring inflation will spark a recession, though a slight improvement in Chinese data did provide some cheer.
The rally enjoyed across the world last…
Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian markets tumbling Wednesday, tracking a sharp drop on Wall Street.
The hefty selling came after more than a week of gains across the…
ISLAMABAD - The 720-megawatts Karot hydropower project of China-Pakistan Economic Corridor (CPEC) has successfully passed the 168-hour long reliability test run and will start commercial operations from today, a testing engineer at Karot…
ISLAMABAD - PIA will start direct weekly passenger flights between Islamabad and Chengdu, China from July 6, Gwadar Pro reported on Tuesday quoting a statement of the national flag carrier.
Chengdu, the capital city of Sichuan, China, is…
ISLAMABAD - Civil Aviation Authority (CAA) has made face mask wearing mandatory on all domestic flights in the country as coronavirus cases once again witness a surge.
According to details, no other changes have been made in…
ISLAMABAD - There comes a last opportunity for the people for changing or cashing bonds as the National Savings Monday refused to extend the date for exchanging or returning the old prize bonds after June 30.
According to National…
Asian markets rallied again Monday, building on last week’s advances and following a strong performance on Wall Street as speculation that inflation may have peaked tempered expectations about central bank interest rate hikes.
With…
RAWALPINDI - Dhok Mangtal’s local welfare organisation called Mangtal Falah-o-Behbood Group has started providing waste bins to control the spread of garbage in various streets of the area.
Under the clean-up drive, streets will be…
Beijing - Pakistan looks forwards to China-Pak joint scientific research for the building of Green China-Pakistan Economic Corridor (CPEC).
Pakistan Ambassador to China Moin-ul-Haque made the remarks when met Huang Wenjiang, a…