Oil prices claw up, but register first weekly decline in six weeks

NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline was shut...

FBR gets significantly more tax filers this year, says Haroon Khan

ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Khan has said FBR has been making concerted efforts for the broadening of tax base...

Market Daily: PSX takes a breather, settles in green with 150.52 points

LAHORE: The Pakistan Stock Exchange (PSX) took a breather on Thursday after three sessions in the red. Pakistani equities exhibited a positive behaviour from...

Emaar’s development unit IPO set to raise $1.31 billion

DUBAI: Emaar Development, a unit of Dubai property firm Emaar Properties, priced its initial public offering below the mid-point of an indicative price range,...

Asian shares hold firm, despite losses on Wall Street

SEOUL: Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street...

Oil prices steady as OPEC expected to extend production cuts

SINGAPORE: Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend an ongoing...

Date further extended for filing of income tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has extended due date for filing of Income Tax Returns/Statements by salaried individuals, other individuals and AOPs, till November...

Pakistan Stock Exchange nosedived 13pc in last one year

KARACHI: The KSE-100 index has endured a fall of 16pc since Pakistan’s reinstatement into MSCI Emerging Markets (EM) index since June 1st, 2017, said...

FBR extends super-tax on banks for FY 2017-18

ISLAMABAD: Federal Board of Revenue (FBR) has extended the enforcement of super-tax on banking companies for financial year 2017-18. And FBR issued SRO 1173 (I)/2017...

Asian stock markets lower, as oil prices register biggest drop since October

TOKYO: Shares fell in Asia on Wednesday, tracking modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October...

Oil prices fall after IEA casts uncertainty over demand outlook

SINGAPORE: Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of tightening fuel...

PSX leads the re-composition of KMI index

LAHORE: In a notification issued on November 13, by the office of Market Development and New Products General Manager Sani-e-Mehmood Khan, Pakistan Stock Exchange...

Market Daily: MSCI ejects ENGRO from EMI

LAHORE: Trading at the bourse on Tuesday was underpinned by MSCI’s overnight announcement where the leading index provider ejected Engro Corporation (ENGRO) from MSCI...

KCCI demands extension in filing returns up to Dec 31

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Muffasar Atta Malik has demanded that the last date for filing Income Tax/Sales Tax Returns...

Complete shutter down strike observed across GB against imposition of taxes

ISLAMABAD: A complete shutter down was observed across Gilgit Baltistan (GB) against the imposition of taxes in the area by Federal Board of Revenue...

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What cars are Hyundai-Nishat going to launch?

LAHORE: The hottest topic in Pakistan’s automobile industry today is the upcoming range of Hyundai hybrid cars being assembled in the country by the...