Dollar drops to one-month lows on questions over U.S. growth
The dollar fell 0.8 percent against its rivals to 96.258, its lowest level in a month
Markets suffer worst year since global financial crisis
LONDON: Traders will be glad to see the back of 2018. Nearly $7 trillion has been wiped off world stocks, emerging markets...
Stock market ends in green, breaks three-day losing streak
KARACHI:Â The Pakistan Stock Exchange (PSX) ended its three-day losing streak and closed the session in green on Thursday. Indices moved uphill as...
Govt tells IMF it may levy federal excise duty on domestic and imported cars
With a blend of new taxes and rupee devaluation, the tax collection could increase to Rs4.5 trillion during the current financial year, Rs5.8 trillion by June 2020 and Rs7 trillion by June 2020, respectively
Govt willing to levy Rs190 billion additional taxes in exchange for IMF bailout
Besides these additional Rs190 billion revenue measures, the authorities have suggested that quasi-fiscal losses will be slashed by Rs380 billion during the current financial year
SECP asked to remove regulatory hurdles in financial services market
ISLAMABAD:Â The policy board has instructed the Securities and Exchange Commission of Pakistan (SECP) to consider a substantial reduction in fees in order...
PSX remains dull despite positive economic indicators
KARACHI:Â After bloodshed for the most part of the day, Pakistan Stock Exchange (PSX) ended the session on Wednesday in red. Although indices...
Gold prices shoot up to historic high at Rs67,800 per tola
Gold prices shot up to an all-time high of Rs67,800 per tola (11.66 grams) in Pakistan, taking cue from the uptrend in...
PSX drops another 193 points in triggerless trade
KARACHI: In the absence of positive triggers, the Pakistan Stock Exchange (PSX) continued with its downward streak on Tuesday. Market participation remained...
SECP employees sensitised on Malaysian capital market
ISLAMABAD: The Securities and Exchange Commission of Pakistan's Investor Education Department on Monday organised an in-house session on ‘capital market framework in...
PSX sheds 276 points amid lacklustre trading
Overall volumes (66.83 million)Â fall by a massive 33 pcÂ
KARACHI:Â The trading floor of the Pakistan Stock Exchange (PSX) kept waiting for investors...
Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe
Goldman Sachs has been under scrutiny for its role in helping raise $6.5 billion through three bond offerings for 1Malaysia Development Bhd (1MDB), which is the subject of investigations in at least six countries
Number of taxpayers have risen by 30% in last one year: Hammad Azhar
The minister said it had been decided to translate the Federal Board of Revenue policies and tax laws into Urdu for making the tax system easier to comprehend for the common man
Dollar index near 19-month high on safe-haven bid amid global growth worries
The dollar index, which gauges its value versus six major peers, was little changed at 97.44, below the 19-month high of 97.71 it hit on Friday
Asian shares edge higher with Fed meeting in focus
Japan’s Nikkei 225 index added 0.8 percent to 21,536.85 and the Kospi in South Korea gained 0.3 percent to 2,074.51