Economy

German economy performs better than expected

FRANKFURT: Strong foreign trade and buoyant consumption drove Germany's economy, Europe's largest, to better-than-expected growth… Read More

Eurozone business activity strong despite Brexit: survey

BRUSSELS: Eurozone economic activity edged higher in August with few signs that Brexit-linked dangers were… Read More

Clinton, Trump spar over Islamic State claim, economy

WASHINGTON: Hillary Clinton admonished Donald Trump on Thursday for claiming she and President Barack Obama… Read More

IMF agrees $12 billion loan to boost Egypt economy

CAIRO: The International Monetary Fund said Thursday that it had reached an initial agreement to… Read More

Dar hails marco-economic stability ahead of IMF talks

ISLAMABAD: Minister for Finance, Senator Ishaq Dar arrived in Dubai to participate in the ongoing… Read More

Coup costs Turkey economy $100 billion: minister

ANKARA: The foiled coup attempt seeking to unseat the government of President Recep Tayyip Erdogan… Read More

France overtakes Britain as world’s 5th largest economy

PARIS/LONDON: France and Britain were vying for fifth place on the list of the world's… Read More

France says EU-US trade deal ‘impossible’ in 2016

PARIS: It will be "impossible" for the European Union and the United States to conclude… Read More

Pound, Asia markets collapse as Britain quits EU

LONDON: The pound collapsed to a 31-year low and currency, equity and oil markets went… Read More

Saudi Arabia approves economic diversification plan

JEDDAH: The Saudi cabinet has approved a major plan to diversify the national economy away from… Read More

Zardari says budget failed to address critical issues

ISLAMABAD: Former president Asif Ali Zardari said the budgetary proposals failed to address critical issues… Read More

North Korea kicks off 200-day ‘battle’ for new economic plan

SEOUL: Fresh off a 70-day campaign to boost production, North Korea kicked off an even… Read More

India retains status as fastest growing major economy

NEW DELHI: India's economy grew 7.6 percent in 2015-16, official figures showed Tuesday, retaining its place… Read More

To save China’s economy, read more Marx, scholars say

BEIJING: China's economics students are being "brainwashed by Western theories" and need to read more… Read More

President Mamnoon to address Parliament’s joint session tomorrow

ISLAMABAD: President of Pakistan Mamnoon Hussain will address the joint sitting of the Parliament on… Read More

World economy is an ‘urgent priority’: G7 leaders

ISE-SHIMA, JAPAN: Group of Seven leaders on Friday said that pumping up the world economy… Read More

Suzuki says it used wrong fuel economy tests in Japan

TOKYO: Suzuki Motor Corp used the wrong methods to test the fuel economy of its… Read More

Iran at ‘pivotal moment’ to rejoin global economy: IMF

WASHINGTON:The International Monetary Fund's number two official on Tuesday told Iran that it faces a… Read More

Senior IMF official visits Iran

WASHINGTON: The International Monetary Fund (IMF) said Sunday that its second in command was on… Read More

IMF weighs new loan for struggling Afghan economy

WASHINGTON: The International Monetary Fund said Friday that it is considering new financial support for… Read More