SECP fails to register major cases against insider traders, market manipulators
ISLAMABAD: Despite the promulgation of Securities Act 2015, declaring insider trading a criminal offence, the Securities and Exchange Commission of Pakistan (SECP)...
OECD treaty regulations bar member nations from prosecuting its nationals
ISLAMABAD: According to regulations of the Organisation for Economic Co-operation and Development (OECD) agreement, no member nation can prosecute its nationals for having...
U.S stocks volatility stings like a bee, but likely to persist
NEW YORK: U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already...
Govt appreciates budget proposals from tax bar bodies: Haroon Akhtar
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan has said the government values the contribution of tax bar associations...
Global stocks set for best week in six years, dollar sags
LONDON: World shares were set for their best week of gains in six years on Friday after two consecutive weeks in the...
Bitcoin’s jumps to $10,000, yet investors still down $60bn in 2018
LAHORE: Over $550 billion of value was wiped off the entire cryptocurrency market in just under a month when Bitcoin slid another...
U.S crude oil consolidates gains, as dollar slips to three-year low
TOKYO: U.S. crude extended gains in subdued trade on Friday as the dollar slipped to a three-year low, with many Asian markets...
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...