Still relevant, Benazir Bhutto explains taxation loopholes in Pakistan

Pakistan's economy was currently standing at the crossroads and the government intended to address the issues through meaningful tax reforms. As relevant as...

China urges US to lift sanctions on Huawei as Trump-Xi meeting looms

BEIJING: The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before...

ECC okays up to 190pc rise in gas price

The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved up to 190 per cent hike in natural gas tariff for...

Textile export fetches $12.31bn in 11 months

ISLAMABAD: The textile exports from the country during July-May 2018-19 were recorded at $12.31 billion as compared to the exports of $12.32 billion...

Trump says it’s ‘possible’ for deal with China’s Xi to avoid more tariffs

WASHINGTON: US President Donald Trump said on Wednesday it was "absolutely possible" he would emerge from a meeting with Chinese leader Xi...

After Standard Chartered, Bank Alfalah launches app for biometric verification

After the launch of a biometric verification app by the Standard Chartered Bank earlier this month, another leading bank from the finance...

Bearish spell continues as index sheds 102 points

KARACHI: Bearish spell extended at the Pakistan Stock Exchange (PSX) for one more session on Wednesday, as the indices dripped all day long...

Oil prices tick up ahead of US crude stock data

HOUSTON: Oil prices edged up on Tuesday as investors expected US data due shortly to show declining crude stocks, which outweighed concerns over...

SECP revamps regulatory framework for mutual funds

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revamped the regulatory framework for the mutual funds' industry with an aim to...

China criticises possible US penalties against banks

BEIJING: China on Tuesday criticized Washington’s efforts to enforce US law abroad following a news report three Chinese banks might be penalized over...

Gold continues to break records, reaches Rs80,500 per tola

Gold prices in Pakistan have hit a record high as the price of per tola reached to 80,500 on Tuesday after an...

European watchdogs demand detail on Facebook’s cryptocurrency

LONDON: Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s...

Petroleum Division seeks up to 200pc hike in gas prices for domestic consumers

'The hike in gas prices, if approved without any changes, will put an additional burden of Rs175bn on consumers' The Petroleum Division...

Stocks dip 281 points amid economic concerns

KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile session on Tuesday amid a dearth of market triggers, the possibility of FATF blacklisting,...

FedEx sues US government over shipment restrictions

NEW YORK: American logistics giant FedEx has sued the US government, saying Washington's restrictions on exports and imports due to growing trade disputes...