Global stocks set for best week in six years, dollar sags
LONDON: World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the...
Bitcoin’s jumps to $10,000, yet investors still down $60bn in 2018
LAHORE: Over $550 billion of value was wiped off the entire cryptocurrency market in just under a month when Bitcoin slid another...
Market Daily: KSE 100 breaks 43,000 psychological barrier, gains 684.75 points
LAHORE: After two turbulent sessions at Pakistan Stock Exchange (PSX), just when it looked like things were going to fall apart, they...
FATF watch list threatens with plausible economic pressure
KARACHI:Â Inclusion of Pakistan in the global terrorist financing watchlist can increase the cost of doing foreign transactions for the country, according to...
SECP adopts three AAOIFI Shariah Standards
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified the adoption of three Shariah Standards of the Accounting and Auditing...
Govt releases Rs293.23 million for industrial projects under PSDP
ISLAMABAD: The government has released Rs 293.230 million for several industrial development projects under its Public-Sector Development Programme (PSDP) 2017-18 as against...
Pakistan IT exports expected to cross $6b by next year
KARACHI: Pakistan’s nascent information technology sector exports have risen over $5 billion, said co-founder of 10XC, Saif Akhtar on sidelines of a...
Debt pile: Pakistan’s commercial loans register staggering 189pc increase in one year
ISLAMABAD: The debt accumulated through commercial loans by Pakistan in last one year escalated by a shocking 189% or $3.5 billion, reported...
Food import cargoes languish at port due to stringent import polices
KARACHI: Tons of herbs and spice are languishing at the Karachi port, waiting to be offloaded due to stringent import procedures and...
FBR investigating fund manager to “unearth” Pakistani investors in UAE’s realty
KARACHI: The Federal Board of Revenue’s, Regional Tax Office in Karachi has enlisted the help of a fund manager to find out...
Senate approves setting up of tribunal to challenge Nepra decisions
ISLAMABAD: A key legal change has been approved by a senate body to clip the powers wielded by National Electric Power and...
Pakistan offers lucrative investment opportunities: President
ISLAMABAD: President Mamnoon Hussain on Thursday said that Pakistan was a land of opportunity and the government through good legislation and facilities...
Meezan Bank plans capital-boosting sukuk
SYDNEY: Meezan Bank, Pakistan’s largest sharia-compliant lender, aims to raise up to Rs7 billion ($63.34 million) through capital-boosting Islamic bonds, or sukuk, according...
No across the board withdrawals in NSS
ISLAMABAD:Â National Savings in a press release here on Thursday clarified that there have been no across the board withdrawals in National Savings...
Pakistan aiming at 6pc GDP growth, Haroon tells Turkish investors
ISLAMABAD: Special Assistant to Prime Minister on Revenue and Federal Minister Haroon Akhtar Khan said on Thursday that the government is aiming...