Oil prices firm, as US rig drilling falls

SINGAPORE: Oil prices firmed on Monday on the back of a slight decline in the number of U.S. rigs drilling for new production,...

Asian stock markets touch all-time highs

SYDNEY: Asian shares neared all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade,...

SECP proposes restructuring of PSX Board

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved amendments in the Securities Exchange (Licensing and Operation) Regulations 2016 to...

Inflation risk may shake global markets

NEW YORK: Investors devoted to the idea that inflation will stay subdued should be worried. Worldwide data have recently made clear that producer-price...

Market Daily: KSE 100 gets closer to 42,000 mark

LAHORE: The New Year seems to have brought some good luck for the investors at the Pakistan Stock Exchange (PSX) as it...

Market Daily: Slow yet positive, KSE 100 gains 57.40pts

LAHORE: Investors at the Pakistan Stock Exchange (PSX) led a shaky start to the day following the recent exchange of tweets between...

FBR to establish BTB directorate to enhance tax base

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish directorate for the broadening of the tax base (BTB) in order...

Xiaomi seeks public listing, as Hong Kong eager for big tech IPOs in 2018

HONG KONG: Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of...

FBR’s request to gain federal govt powers over Benami Transactions Act 2017 rejected

ISLAMABAD: Federal Board of Revenue (FBR) request to hand over authority to minister-in charge of finance for matters of execution in relation...

Brent crude ends year with 17pc gain, as WTI crude crosses $60

CALGARY: U.S. oil prices closed above $60 a barrel on the final trading day of the year, the first time since mid-2015,...

Gold touches three-month-high, as dollar extends its fall

NEW YORK/LONDON: Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as...

FBR to remain open on Dec 30 for tax collection

ISLAMABAD: FBR headquarters and all its offices will remain open for Income Tax collection on December 30 till midnight. Selective branches of National Bank will...

FBR detects huge tax evasion by Telenor in FATA/PATA

ISLAMABAD: As Federal Board of Revenue (FBR), has initiated an audit of telecom companies, after it detected huge tax evasion by one...

OGDC makes gas discovery in Baratai block, Kohat, Khyber-Pakhtunkhwa

LAHORE: A bourse notification filed Friday by Oil and Gas Development Company (OGDC) revealed the joint venture of Baratai Block in which...

Asian shares higher, after Wall Street finished with modest gains

SEOUL: Asian stock markets mostly drifted higher on Friday after Wall Street finished with modest gains. KEEPING SCORE: Japan’s Nikkei 225 rose 0.3...