Market Daily: KSE 100 index closes at 46,486.50, up 9.77 points
LAHORE: The 100 Index started the day on a buoyant note, pushing the 100 Index higher in a bid to recoup losses...
Punjab’s tax collection rises to Rs32bn from Rs8bn a decade ago: Shuja ur Rahman
LAHORE: Punjab's tax collection has increased to Rs32 billion compared to Rs8 billion a decade ago, on the back of an expanding...
SECP to adopt 7 new Islamic finance standards
ISLAMABAD: Pakistan’s capital market regulator will introduce seven new standards covering a variety of Islamic finance transactions, as it fast-tracks the adoption...
Asian stocks mixed, following gains on upbeat trade talk
TOKYO: Shares were mixed in Asia on Wednesday, trading in a narrow range after overnight gains following conciliatory comments on trade by...
Oil prices dip from 2014 highs, as U.S oil production rises
SINGAPORE: Oil prices on Wednesday eased away from 2014 highs reached the previous session as escalating Middle East tensions were offset by...
U.S companies were avoiding taxes before the tax cut bill: Report
WASHINGTON: Fifteen U.S. corporations including online retailer Amazon.com Inc, power company Duke Energy Corp and insurer Prudential Financial Inc avoided U.S. tax...
Tough times for ‘unregistered persons’ by FBR in new audit policy
ISLAMABAD:Â The Federal Board of Revenue (FBR) has decided to give tough time to an unregistered person in the new audit policy 2017.
The...
SECP notifies new AAOIFI shariah standards for public consultation Â
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has fast-tracked the adoption of Shariah standards to bring about harmonisation and standardisation...
Saudi Arabia gearing up for issuance of multi-tranche dollar bond
DUBAI: Saudi Arabia has given initial price guidance for a planned multi-tranche dollar bond, a document from one of the banks leading...
Brent crude touches $69.04, as US-China trade war threat eases
SINGAPORE: Oil markets rose for a second day on Tuesday, with Brent rising above $69 per barrel on hopes a trade dispute...
Confidentiality clause in tax amnesty scheme could be in contravention of constitution: Report
ISLAMABAD: A tax consultancy firm said the government’s tax amnesty scheme aims to withhold information of individuals availing could be in contravention...
Karachi-UAE could get fast cargo vessel service: TDAP
KARACHI: Trade Development Authority of Pakistan on Monday said Pakistan was contemplating to launch a specialized fast cargo vessel service between Karachi...
Asian shares edge lower, as trade threats between US-China persist
SINGAPORE: Asian shares edged lower on Tuesday as Wall Street retreated from its highs after the FBI raided the offices of U.S....
Oil prices fall, as US trade war with China rattles markets
SINGAPORE: Oil prices dipped on Tuesday, easing after strong gains in the previous session when hopes that trade disputes between the United...
Tax filing obligatory for individuals having foreign earnings of over $10,000 a year
KARACHI: People earning foreign come of over $10,000 have or having assets worth $100,00 would now be required to file their annual...