Business News
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US-China trade standoff continues as Trump unfazed to engage Xi
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[ad_1] US President Donald Trump gestures as he speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu at the White House in Washington, U.S., February 4, 2025. — Reuters WASHINGTON: US President Donald Trump Tuesday said that he is not in a hurry to speak with Chinese President Xi Jinping amid the trade war…
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Recycled economic plans | The Express Tribune
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[ad_1] Listen to article LAHORE: The government recently unveiled its economic plan for the next five years titled ‘Uraan Pakistan’ which promises to promote export-led economic growth, address food and water insecurity and conduct energy reform. While the report raises the right talking points, it has been criticised by economic analysts for lacking in substance. The economic…
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Trump set to impose oil tariffs on Feb 18, may reduce duty on Canadian crude
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[ad_1] Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. — Reuters WASHINGTON: US President Donald Trump has announced that his administration plans to impose tariffs on oil and gas imports starting around 18…
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China’s tech firm Alibaba release AI model | The Express Tribune
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[ad_1] BEIJING: Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence (AI) model that it claimed surpassed the highly acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Max’s release, on the first day of the Lunar New Year when most Chinese people are off work and with their…
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Foreigners allowed to invest in listed firms with property in Makkah, Madina
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[ad_1] General view in Riyadh, Saudi Arabia, June 21 2020. — Reuters DUBAI: Saudi Arabia’s market regulator has unveiled a plan to allow foreigners to invest in listed companies that own real estate in Makkah and Madina in a bid to boost foreign investment. The move will allow foreigners to invest in firms whose revenues…
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Dollar posts biggest loss on tariff angst | The Express Tribune
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[ad_1] Listen to article NEW YORK/LONDON: The US dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer stance on tariffs against China, adding to uncertainty about the trade policy that kept equity markets on edge. Trump told Fox News on Thursday his recent…
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Trump asks Fed to cut rates, questions central bank’s monetary strategy
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[ad_1] President Donald Trump makes a special address remotely as (left to right) Ana Patricia Botin, chairwoman of the Spanish bank Santander, Brian Moynihan, CEO of Bank of America, Patrick Pouyanne, CEO of TotalEnergies, Stephen Schwarzman, CEO and Co-Founder of Blackstone Group and Borge Brende, President and CEO of World Economic Forum attend the 55th…
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Pakistan Post aims for Rs14b revenue | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Federal Minister for Communications, Privatisation & Board of Investment Abdul Aleem Khan has tasked the Pakistan Post with increasing its revenue to Rs14 billion by June 30. Chairing a review meeting, Aleem Khan directed changing the framework of Pakistan Post to establish a world-class courier company that can compete with the private…
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Pakistan to issue $200m Panda Bond by June: Aurangzeb
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[ad_1] Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb addressing media persons at PTV Headquarters.— APP/File The federal government has planned to launch Panda Bond by June this year to increase Pakistan’s footprint in Chinese equity markets, Finance Minister Muhammad Aurangzeb said. “Pakistan plans to raise approximately $200 million from Chinese investors through the…
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Sindh farmers face resource constraints | The Express Tribune
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[ad_1] Listen to article KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday inaugurated the Sindh Livestock Expo 2025, aimed at highlighting the critical role of agriculture and livestock in the province’s economy. The CM said “these sectors contribute 14.5% to the national gross domestic product (GDP) and support 60% of Sindh’s population,” but he also…
