Uber to sell SE Asian business to Grab
SINGAPORE: In what would be its second exit from Asia, ride-hailing firm Uber Technologies has agreed to sell its Southeast Asian business to...
GB Governor has sons arrested for forging property papers
ISLAMABAD: Family dispute over a property in Islamabad has forced Gilgit Baltistan's Governor Mir Ghazanfar Ali Khan to send his son behind...
Is Bitcoin still a safe-haven asset?
LONDON: Recently, the global asset markets have been roiled by concerns that the United States and China may soon enter a trade...
Globalists buck US index fund trend
NEW YORK: Volatility in US equity markets this year is pushing investors not only to invest in stocks abroad, but also to...
ICAP proposes increase in FBR value rates on immoveable properties
ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has proposed to gradually increase the Federal Board of Revenue (FBR) rates on...
Dropbox shares close up 35pc in biggest tech debut since Snap
NEW YORK: Dropbox shares closed at $28.42, up more than 35 per cent in their first day of trading on Friday, as investors rushed to buy...
Russia keen to invest in CPEC, Balochistan: Counsel General
QUETTA: Balochistan Governor Muhammad Khan Achakzai said China-Pakistan Economic Corridor (CPEC) was creating prosperous opportunities for profitable investment in Balochistan, while 'we want...
Govt in a fix over impending peak electricity season
LAHORE: Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by...
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
Promotion of SMEs top on SBP agenda: Tariq Bajwa
SIALKOT: State Bank of Pakistan (SBP) Governor Tariq Bajwa has said that adequate efforts were being made for the promotion of SME sector in...
Samsung Electronics shareholders approve stock split, as trade wars tension spark worries
SEOUL: Samsung Electronics Co Ltd shareholders approved a stock split on Friday making it easier for retail shareholders to hold shares in...
Dropbox’ valuation driven up by strong demand on IPO
SAN FRANCISCO: Dropbox Inc’s initial public offering, the largest tech stock debut in more than a year, was priced at $21 per...
Global stocks “shiver”, as trade wars intensify
TOKYO: The rumblings of a global trade war sent shivers through stock and currency markets on Friday after U.S. President Donald Trump...
Oil prices push up, as Saudi Arabia says production curbs could last into 2019
SINGAPORE: Oil prices rose on Friday, pushed up by Saudi statements that OPEC and Russian led production curbs that were introduced in...
Imposition of regulatory duties failed to rein in imports
KARACHI: Experts on Thursday stated the imposition of regulatory duties on imports of non-essential imports failed to rein in the current account...