LCCI urges FBR to address injustice against business community

The LCCI office-bearers urged the Federal Finance Minister Miftah Ismail and FBR Chairman Tariq Mahmood Pasha to restore FTR for the commercial importers in the larger interest of the industry.

Smartphone makers cramming devices with more memory to satisfy consumers

Global smartphone shipments fell 2 percent in the first quarter, following a 9 percent drop in the fourth quarter, according to market research firm StrategyAnalytics

Asian shares rise, boosted by technology stocks

MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6 percent, with information technology shares rising 1.2 percent. Japan’s Nikkei was 0.3 percent higher

Oil prices retreat from 3.5 years high, as market awaits Trump decision on Iran

Brent crude futures were down 63 cents, or 0.8 percent, at $75.54, having jumped 1.7 percent to settle at $76.17 a barrel in the previous session

Bahria Town Karachi prices plummet 20 percent post-SC verdict: Report

Real estate owners have said transactions in Bahria Town Karachi properties has dried up since the Supreme Court verdict late last week

Senate panel approves taxing tech giants Google, Amazon and Facebook

Pakistan's laws now stand compliant with OECD rules and regulations

Market Daily: PSX bleeds after a strong upwards intraday rally

The market lost 158 points on Monday, closing at 44,379 index points.

Miftah reaffirms conducive business environment for investors

ISLAMABAD: Minister for Finance Dr Miftah Ismail Monday reaffirmed the government's commitment to providing a conducive business environment for local and foreign...

Apple, Warren Buffet saw an opportunity and they acted

Apple and Warren Buffett, two biggest players in the iPhone maker’s shares -bought nearly one of every 10 Apple shares traded during the quarter.

Dollar resurgence halting emerging market rate cut cycle

With the dollar on the rise, emerging currencies have weakened some 3 percent in the past two weeks, as measured by a JPMorgan index

With FATF deadline looming, Pakistan faces challenges to curb money laundering: Report

A president of a private bank in Karachi believes if Pakistan got placed on the grey-list it would make it very difficult for the country to borrow on international markets

Engro corporation to invest $21.375 million in Siddiqsons energy

Siddiqsons Energy Limited is a special purpose vehicle (SPV) established to develop around 330 megawatts of Thar coal-fired power generation facility in Block II, district Tharparkar Sindh on a build, operate and own basis

PSX performance remained conflicting to expectations last week: Report

A Bloomberg report said KSE-100 index had been amongst the best-performing stocks in the Asia emerging market (EM) stock index but pre-election uncertainties could jeopardize the rally

Asian shares go up, as US crude crosses $70

Oil prices hit their highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran

Oil prices hold firm, as Iran tensions keep market on edge

Brent crude oil futures were at $74.94 per barrel at 0035 GMT, up 7 cents, or 0.1 percent, from their last close