Oil dips as trade dispute threatens growth
Traders worry that escalating tariffs on export goods, including U.S. crude oil, will stall trading and eventually choke world economic growth.
Dollar weakens by Rs1 against local currency in kerb market
On Thursday, the rupee remained stable against the dollar in inter-bank trading at Rs121.54 and has remained largely unchanged since last week
FBR includes foreign income under purview of the amnesty scheme
The FBR told for a resident Pakistani, the disclosure of income in Pakistan must include both within and foreign source
Vopak LNG expresses interest in acquiring minority stake in Engro’s LNG infrastructure
Talks are ongoing between Engro Corp and Volpak LNG which are subject to the parties entering into definitive agreements and obtaining required Board, shareholder and regulatory approvals
Separate wealth and income statements need to be filed under tax amnesty scheme
Till start of this week, the tax regulator had received Rs36 billion under the tax amnesty scheme for undeclared domestic and foreign assets
Market Daily: Third day of recovery as KSE‐100 index adds 278 points
LAHORE: Recovery phase of the Pakistan Stock Exchange entered its third day on Thursday. Market bulls managed to maintain their control over...
Pakistan jumps 15 places, ranked 75th in Global Real Estate Transparency Index
Pakistan and Saudi Arabia have also seen rising transparency over the past two years, with regulatory reforms and increased data collection and publication by government bodies and international market participants contributing to their progress
Asian stock markets mixed over confusing US trade stance
Japan’s benchmark Nikkei 225 index dropped 0.4 percent to 22,177.58 and South Korea’s Kospi lost 0.6 percent to 2,327.22
Oil dips but markets remain tight due to disruptions, record demand
Oil prices have been rallying for much of 2018 on tightening market conditions due to record demand and voluntary supply cuts led by the Middle East dominated producer cartel of the Organization of the Petroleum Exporting Countries (OPEC)
Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
Punjab caretaker cabinet resolves to work with local business community
LAHORE: In a rare interaction with the private sector, the Punjab Cabinet on Tuesday expressed the resolve to work hand in hand with the...
Local media urged to remove negative misconceptions about CPEC
ISLAMABAD: As the government has failed to remove many misconceptions about the multibillion-dollar project - the China Pakistan Economic Corridor (CPEC), the...
Looming FATF meetings spark debate on Pakistan’s possible inclusion in ‘grey list
KARACHI: The Financial Action Task Force's (FATF's) committee may put the country’s transactions on its grey list, but the decision is not...
Gold prices dip amid firm dollar; trade tensions limit downside
Spot gold was 0.1 percent lower at $1,267.23 an ounce as of 0432 GMT, while U.S. gold futures were down 0.2 percent at $1,268.80 per ounce
Asian stock markets fall after China move
The Shanghai Composite Index fell 0.2 percent to 2,883.20 and Tokyo’s Nikkei 225 lost 0.5 percent to 22,409.55