US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer are set to confer with Chinese Vice Premier He Lifeng in the Swiss city in the first such talks between the world’s two largest economies since Trump slapped steep new levies on China last month. The exact venue for the weekend-long talks remained shrouded […]
Luiz Inacio Lula da Silva’s state visit comes at the invitation of counterpart President Xi Jinping and will last until Wednesday, a Chinese foreign ministry spokesperson said in a statement on Saturday. Since returning to power in early 2023, Lula has sought to improve ties with both China and the United States. Beijing is Brazil’s […]
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet Chinese economic tsar He Lifeng in Switzerland for talks aimed at containing a trade war between the world’s two biggest economies. It could be the first step toward resolving a damaging trade conflict that has already entangled global supply chains. Asked how […]
On Friday, May 09, 2025, the UK pound was purchased for Rs 374.12 and sold for Rs 377.6 on the open market. Businesses, tourists, and people transferring money between the UK and Pakistan are often impacted by the fluctuation in currency rates. Changes in supply and demand for both currencies, as well as economic variables […]
The buying and selling rates for OMR were recorded at Rs 728.85 and Rs 737.35, respectively. The exchange rates for Omani Riyal against Pakistani Rupee were last updated at 01:15 PST on May 09, 2025 1,000 Omani Rial in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 730,270 in Pakistani currency if citizens […]
According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 310.05 points as compared to 309.31 points during the past week. As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed a decrease of […]
The rates of 10 grams of 24 karat also decreased by Rs.1,543 to Rs.300,840 from Rs.302,383, whereas the price of 10 grams of 22 Karat decreased by Rs.1,414 to Rs.275,780 from Rs.277,194. The rates of per tola silver and ten gram silver remained unchanged at Rs. 3,417 and Rs. 2,929, respectively. The price of gold […]
During the meeting, the IMF board is expected to approve a disbursement of $1.1 billion for Pakistan under the ongoing financial program. According to the IMF statement, the first Review under the Extended Arrangement under the Extended Fund Facility, the request for modification of performance criteria, and the request for an arrangement under the Resilience […]
The “general terms” agreement is the first of dozens of tariff-lowering deals that Trump expects to land in coming weeks after upending the global trading system with steep new import taxes aimed at shrinking a $1.2 trillion U.S. goods trade deficit. Trump hailed the deal in the Oval Office with Starmer patched in on a […]
News of the planned Geneva meeting, first announced by Washington late Tuesday, sent U.S. equity index futures higher. Stock markets in China and Hong Kong followed suit during Asian trading on Wednesday. The talks come after weeks of escalating tensions that have seen duties on goods imports between the world’s two largest economies soar well […]
