Oil dips on emerging market turbulence, but looming Iran sanctions support
Emerging market woes are weighing on global economic growth prospects, with Asian shares on Thursday heading for their sixth straight session of losses
Dollar sags as European peers bounce
The MSCI EM Currency Index slipped to its lowest since May 2017 on Wednesday
Assets recovery unit established to retrieve offshore assets
Officials from the State Bank of Pakistan, Federal Board of Revenue (FBR), National Accountability Bureau (NAB), Federal Investigation Agency (FIA) and intelligence agencies are amongst the new members of this newly constituted unit
FBR commences legal action against proprietors of undeclared properties in UK
The tax regulator had found out a big amount of non-compliant individuals via data obtained from UK’s non-ministerial Her Majesty’s Revenue and Customs (HMRC)
Market Daily: KSE 100 drops 258.48 pts amid increase in gas prices
LAHORE: The Pakistan Stock Exchange (PSX) couldn’t continue its winning streak from the previous session and was taken over by bears. According...
Market Daily: KSE-100 gains 171.93 pts amid low volumes
LAHORE: The Pakistan Stock Exchange (PSX), after starting the trading session leaped up in the afternoon. Indices swayed in both directions until...
FBR launches offline mode App for taxpayers to file returns
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an application enabling taxpayers to file Income Tax Return and Wealth Statement without...
Market Daily: Bears roar as PSX starts week in red
LAHORE: It wasn’t an ideal start to the week, but investors didn’t look surprised. Long hanging uncertainty over the country’s economic situation has...
Lira sell-off poses no risk to Turkey’s banks, Finance Minister Albayrak says
The lira’s 42 percent drop this year has driven up the cost of servicing that debt and investors fear banks could be hit by a wave of rising bad loans.
Iraq oil exports hit 2018 peak in August
Iraq's oil exports for August hit their highest monthly figure this year, the oil ministry said Saturday, with nearly 112 million barrels...
Dollar rises for second day as U.S., Canada end talks with no deal
The greenback is on track to end the month of August on a positive note, up about 0.6 percent amid trade tensions
Tax regulator collected Rs506 billion taxes in July-August FY19
The tax regulator needs 15.5 percent growth to reach its target since its collection at end of FY18 stood at Rs3.842 trillion
Oil refineries earned Rs500 billion under ‘deemed duty’ since 2002
Deemed duty was provided by the government as an incentive to make oil refineries upgrade their plants which would result in the production of environment-friendly and higher-grade fuel
Country’s weekly inflation decreases by 0.63pc
According to data released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group decreased by 0.63 per cent...
Market Daily: KSE-100 drops 121.28 points
LAHORE:Â Bears were in control of the Pakistan Stock Exchange (PSX) for the fourth consecutive session while the Finance Minister briefed the Prime...