Global stocks tumble as U.S. recession fears rise
Global markets suffered turmoil on “Black Monday” as the three major U.S. stocks slumped over fears of the country’s slowing growth. The Dow Jones Industrial Average and S&P 500 tumbled…
Karachi to Get New Industrial Zone in the Next 3 Years
Director General Karachi Development Authority (KDA) Syed Shujaat Hussain said that a new industrial zone will be established in the Surjani area after more than 30 years in Karachi. Speaking…
Pakistan saw ‘remarkable surge’ in exports during FY24 while imports declined — state media
Pakistan witnessed a “remarkable” surge in its exports during the financial year 2023-24, state broadcaster Radio Pakistan reported on Sunday, saying that official data was proof that the South Asian…
Pakistan: Indus Motor Company begins export of vehicles
Indus Motor Company (IMC) announced the milestone achievement of exporting vehicles manufactured in Pakistan during a ceremony held at the company’s manufacturing facility at Port Qasim Authority on Wednesday. The…
PM Sharif vows to revamp Pakistan’s economy by emulating Chinese model
Prime Minister Muhammad Shehbaz Sharif on Thursday pledged to revamp Pakistan’s economy by emulating China’s model, to achieve similar economic success on a smaller scale. Speaking to a 12-member Chinese…
China’s central regions look to reform, and innovation for high-quality development
* The reforming spirit of the pioneers in Xiaogang has been inherited and carried forward across China and now plays a pivotal role in further energizing the country’s central regions…