US stocks rattled, dive 2 percent as US-China trade wars intensify
NEW YORK: U.S. stocks dropped about 2 percent on Friday, with the Dow falling more than 570 points, as U.S. President Donald Trump’s...
Pakistan extends duty free access for 67 per cent Chinese exports
ISLAMABAD: China has extended duty free access on 90 per cent Pakistani exports under Pak-China Free Trade Agreement (FTA)-2, while Pakistan has...
Punjab may introduce new mechanisms to finance local govts
LAHORE: Punjab government may introduce new mechanisms to finance city district government’s projects in its last budget by introducing performance-based financing, asking them...
Ministry of Planning proposes development projects worth Rs1.3 trillion in next budget
ISLAMABAD: While the Ministry of Finance (MoF) is unlikely to reconsider its decision to cut the development budget to Rs750 billion in...
Market Daily: KSE 100 index jumped 583.30 pts, crosses 47,000 mark
Investors rushed to buy at the Pakistan Stock Exchange (PSX) on early Friday morning after the Prime Minster on Thursday announced a...
Oil prices fall, after Trump threatens more tariffs on Chinese goods
SEOUL: Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war...
Seven candidates to fight for three seats on bourse’s board
ISLAMABAD: Three seats of shareholder directors for the board at the Pakistan Stock Exchange (PSX) has received seven applications on the last...
Tax amnesty scheme expected to lure foreign inflows into capital market
KARACHI: The stock market is hoped to become the biggest beneficiary of this announced tax amnesty scheme, which has rallied 3.45 percent...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
PM Abbasi chairs EAC meeting, seeks measures to boost economy
ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting.
In his opening remarks, the...
PM announces tax amnesty scheme to whiten black money
ISLAMABAD: As expected, the government finally announced a tax amnesty scheme to whiten black money, in a bid to meet the financial...
APTMA puts forward its proposal for upcoming federal budget
ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has put forward its proposal for the upcoming budget (FY 2018-19), demanding zero per cent...
Market Daily: KSE 100 gains 457.21pts, settles at 46,560.82
LAHORE: Market volatility shot up on Wednesday amid mixed news flow and a weak technical close in the previous session. The day,...
Govt decreases borrowing from SBP
LAHORE: Government's borrowing from State Bank of Pakistan (SBP) was lower at the end of the third quarter of the current fiscal...
Market Daily: KSE 100 Index gains 90.27 points
LAHORE: As looming trade war fears continue to plague the sentiment in regional markets, we remain immune and indifferent to global woes...