Economy

Economy World

Nike’s North America weakness to weigh on current-quarter revenue

News Desk

2017-12-22

NEW YORK: Nike Inc forecast on Thursday muted current-quarter revenue growth, highlighting the world’s largest footmaker’s struggles to regain market...

Economy World

Bitcoin extends losses, slips below 14,000 on bitstamp exchange

News Desk

2017-12-22

TOKYO: Bitcoin fell more than 10 percent to below $14,000 on the Bitstamp exchange on Friday, extending overnight losses. It...

Economy Pakistan

Karachi – Beijing to create bilateral currency swap and settlement system

News Desk

2017-12-21

ISLAMABAD – The government of Pakistan is considering a proposal to start using the Chinese yuan in trade with China,...

Economy World

UK car output falls in November as domestic demand slumps

News Desk

2017-12-21

LONDON: British car production fell 4.6 percent in November due to a nearly 30 percent drop in year-on-year domestic demand,...

Economy World

Oil prices stable on lower US crude stocks, but rising output weighs

News Desk

2017-12-21

SINGAPORE: Oil prices were stable on Thursday after posting strong gains late in the previous session on the back of...

Economy World

Asia stocks subdued as US tax cuts belt bonds

News Desk

2017-12-21

SYDNEY: Asian markets offered a muted reaction on Thursday to the passage of US tax cuts as benefits to company...

Economy Pakistan

China to blacklist company which levelled allegations against Shahbaz Sharif on Multan Metro Bus

News Desk

2017-12-21

ISLAMABAD – Securities Regulatory Commission (CSRC) investigated the illegal conduct of Jiangsu YABAITE Science and Technology Co., Ltd., which lied...