Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the US and Mexico before tariffs take effect. Japan’s Nikkei 225 gained 0.5% to finish at 20,884.71, while Australia’s S&P/ASX 200 rose nearly 1.0% to 6,443.90. South Korea’s Kospi inched up less than 0.1% to 2,069.38. Chinese markets were closed […]
Deal
Bulgaria sees F-16 jet deal with US at $1.2 billion
Bulgaria expects the United States to make an offer soon to sell it eight new F-16 fighter jets for its army at $1.2 billion, the defence ministry said on Tuesday. The US State Department approved the possible sale of eight F-16 aircraft and related equipment at an estimated cost of $1.67 billion, a Pentagon agency […]
Turkey’s Erdogan says no backtracking on S-400 deal with Russia
‘We have made an agreement (with Russia). We are determined. There is nothing like backtracking from that’ President Recep Tayyip Erdogan said Tuesday Turkey would not withdraw from a deal made with Russia to buy an S-400 missile defense system despite pressure from the United States. “We have made an agreement (with Russia). We are […]
UK PM May will honour promise to quit if Brexit deal passes: Hammond
British Prime Minister Theresa May will honour her promise to step down as soon as lawmakers pass her Brexit deal, finance minister Philip Hammond said in an interview published on Thursday. Hammond told London’s Evening Standard newspaper that May was “as good as her word”. Lawmakers who would like to see May stand down quickly […]
Trump opens door to trade deal with China soon
President Donald Trump said Friday that China was ready to make a deal to defuse trade tensions, so he might not have to punish the country with more import tariffs. A deal to resolve the dispute would be a huge breakthrough on the issue that has dominated much of Trump’s two years in office, blowback […]
Fawad Chaudhry denies deal behind Nawaz Sharif’s release
ISLAMABAD: Information Minister Fawad Chaudhry on Thursday has denied any deal behind the release of former prime minister Nawaz Sharif. Addressing a press conference Fawad Chaudhry said that the former primer was out on a bail and case against him had not concluded yet. The information minister said that Nawaz Sharif is not that important […]
Pakistan to buy 30 attack helicopters from Turkey
ANKARA: Pakistan and Turkey signed a deal on Friday pertaining to the buying of Turkish attack helicopters. According to the media reports, officials of Pakistan Defence Ministery and Turkish Aero Space Industries negotiated over Pakistan’s interest in buying T-129 Turkish attack helicopters and signed the deal yesterday. This agreement will help both states to improve bilateral military relations, […]