Asian stocks rise for 5th straight session, while dollar hits 3-year lows

TOKYO: Asian shares rose for a fifth straight day on Friday as investor confidence slowly returns after a sharp sell-off earlier in...

FBR investigating fund manager to “unearth” Pakistani investors in UAE’s realty

KARACHI: The Federal Board of Revenue’s, Regional Tax Office in Karachi has enlisted the help of a fund manager to find out...

Market Daily: KSE 100 drops below 43,000

LAHORE: The Pakistan Stock Exchange (PSX) shed blood for another session as foreign investors look to close another week as net sellers....

FBR directed to take strict action against corrupt officers

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday directed Federal Board of Revenue (FBR) to take strict and exemplary...

Hi-Tech Lubricant gets OGRA nod to seek NOCs for setting up 26 petrol pumps

LAHORE: A bourse notification filed Thursday by Hi-Tech Lubricants Limited (HTL) announced it had received permission from Oil and Gas Regulatory Authority...

Oil prices consolidate gains, driven up by weakening dollar

SINGAPORE: Oil prices on Thursday extended gains from the previous session, pushed up by a weak dollar and by comments from Saudi...

Hascol enters into joint operations agreement with Total Parco

LAHORE: A bourse notification filed Thursday by Hascol Petroleum revealed it had entered into a joint operations agreement with Total Parco Pakistan...

Asian stock markets rise, brush aside strong U.S inflation data

TOKYO: Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, a counterintuitive move that also...

NA committee recommends tax exemption for ZTBL farmers

ISLAMABAD: The National Assembly Standing Committee on Finance, Revenue and Economic Affairs has recommended income tax exemption to Zarai Taraqiati Bank Limited (ZTBL)...

Market Daily: Sentiments led KSE 100 to shed 337.32 points

LAHORE: Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday again. The indices were seen slipping lower and lower...

400 Pakistanis put on FBR’s list for possessing real estate in UAE

ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after...

Netsol to invest $2.5 million in Delaware-based WRLD3D inc

LAHORE: A bourse notification filed Wednesday by Netsol Technologies Limited revealed it would be investing $2.5 million over a period of one...

Meezan Bank profits rise 13.5 percent for FY 2017

LAHORE: In a bourse notification filed Wednesday, Meezan Bank Ltd announced its financial results for the year ended December 2017, posting profit...

Bank valuations not to be impacted by apex court decision

LAHORE: The decision on Tuesday by the Supreme Court to increase minimum rate of pension to Rs8,000 per month for banks won’t...

Oil prices steady as U.S dollar weakens

SINGAPORE: Oil prices were stable on Wednesday, supported by a statement that Saudi crude output would drop in March, healthy economic growth...