Archive of 18 October 2018

No new tax imposed on poor people: Finance Minister

ISLAMABAD: Federal Minister for Finance Asad Umer underlined the need for investigating the reports of 'Wall Street Journal' containing the matter of 'Offshore companies' scandals. Talking...

Dollar rides a Fed wave higher; stocks, oil drop

NEW YORK: The US dollar index rose on Thursday alongside Treasury yields after Federal Reserve policymakers showed unity in favoring more rate hikes next year. Stocks,...

Sterling hits 10-day low as PM May says EU Brexit border proposal unacceptable

Sterling fell to the lowest level in 10 days against the dollar on Thursday, extending earlier losses after Prime Minister Theresa May said the European...

Macron: onus on May to bring Brexit proposals with UK backing

BRUSSELS: French President Emmanuel Macron said on Thursday it was now up to British Prime Minister Theresa May to come back with new Brexit proposals...

US Treasury Secretary Mnuchin withdraws from Saudi conference

WASHINGTON: US Treasury Secretary Steven Mnuchin on Thursday said he would no longer attend next week's investment conference in Saudi Arabia. "Just met with @realDonaldTrump and

Brexit transition will probably be extended: Juncker

BRUSSELS: European Commission chief Jean-Claude Juncker said Thursday that the Brexit transition period would "probably" be extended to try to break the deadlock on Britain's...

US gives Saudi Arabia ‘few more days’ on Khashoggi: Pompeo

WASHINGTON: The United States will give Saudi Arabia "a few more days" to work on its probe into the suspected murder of journalist Jamal Khashoggi,...

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