Nestlé Pakistan announces Rs3.38bn profit after tax, down 17.3pc YoY

LAHORE: Nestlé Pakistan Limited in a notification to Pakistan Stock Exchange (PSX) on Monday, released its financial results for the period ended...

Ghandhara Nissan signs importer agreement with Renault to import heavy trucks

LAHORE: Ghandhara Nissan Limited (GHNL) has signed an importer agreement with Renault Trucks SAS, France for import of heavy commercial vehicles. A notification...

Asian shares mixed, as political risks loom

TOKYO: Shares were mixed in Asia after an upbeat start to the week, with Chinese benchmarks leading decliners. The air strikes on...

Multiple taxes hurting the stock market

KARACHI: High-taxation rates are the scourge of the Pakistan Stock Exchange, as multiple taxes contributes to rates as high as 40 percent...

Asian shares open firm, oil down as Syria fallout seen limited

SYDNEY: Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that...

Adaption to technology to generate greater tax revenues: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance, Revenue, and Economic Affairs Miftah Ismail, while talking to a private news channel, has said...

Market Daily: KSE 100 index loses 259.85pts, settles at 46071.86

LAHORE: Off to a rocky start the 100 Index saw reduced market participation in the early hours as market participants opted to...

$3 million worth of bitcoins stolen from Indian cryptocurrency exchange

NEW DELHI: Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far...

Global stocks set to gain as risk appetite returns

LONDON: World stocks and commodities rose on Friday, with stocks set to post their biggest weekly gain in over a month as...

Gold prices rise, set for second straight weekly gain

BENGALURU: Gold prices rose on Friday and were set to post a small gain for a second week running, supported by tensions...

Bitcoin touches two-week highs

LONDON: Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two-week highs, with people active in the market citing...

Oil prices dip, set for biggest weekly gains since July 2017

TOKYO: Oil prices edged lower on Friday but are set for their biggest weekly gains since last July following a jump to...

Asian shares rise, as global stocks rally to three-week highs

TOKYO: Global stocks recovered to three-week highs on Friday as anticipated strong earnings season took center stage after U.S. President Donald Trump...

FPCCI asks government to reduce minimum tax rate

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...

Deals worth $75m finalised at agri expo to bolster Pakistan’s economy

KARACHI: Balochistan Economic Forum's President, Sardar Shaukat Popalzai has hoped that foreign investment would reach Pakistan during the next seven years and...