Bitcoin tumbles from record highs, falls 12.6pc below $15,000

TOKYO: Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $15,000 level after touching a record high...

FBR sanctions release of Rs6 billion sales-tax refunds in five-year cases

KARACHI: A decision to refund stuck sales tax refunds of Rs6 billion in five-year cases has been given go-ahead by Federal Board...

Asian stock markets advance, courtesy Wall Street gains

TOKYO: Asian share indexes advanced Friday, guided by Wall Street gains and healthy quarterly economic data from Japan. KEEPING SCORE: Japan’s benchmark Nikkei...

Oil prices fall as US dollar strengthens

SINGAPORE: Oil prices dipped on Friday as the U.S. dollar strengthened, although OPEC-led supply cuts are seen supporting markets going into next year. U.S....

Overseas Pakistanis earn over $50bn disposable income

ISLAMABAD: Millions of Pakistanis living abroad earn over $ 50 billion as disposable income out of which only $ 20 billion is...

Trump’s, Tahir-ul-Qadri’s decisions hit Pakistani stocks

KARACHI: The Pakistan Stock Exchange (PSX) Thursday closed 17-month low at 38,784 points after losing 1123 points amid the rising tension between...

Asia on course to increase interest rates in 2018

HONG KONG: Tighter monetary policy is coming to Asia next year. Yet it will lag the Federal Reserve’s rate hikes as Asian...

Asian shares mixed, after US stock markets regain stability

SEOUL: Share prices were mixed in Asia on Thursday, with Japan and Australia leading gains after U.S. indexes stabilized overnight. KEEPING SCORE: Tokyo’s...

Oil prices climb as US crude inventories fall

SINGAPORE: Oil prices inched up on Thursday on a decrease in U.S. crude inventories, but rising gasoline stocks and crude production weighed...

Bitcoin rockets past $14,000

TOKYO: Bitcoin soared to a record high of $14,047.40 on Thursday, continuing its surge from below $1,000 at the beginning of the...

EU puts 17 tax havens on the blacklist, 47 on notice

The EU has named and shamed 17 countries in its first ever tax haven blacklist and put a further 47 on notice,...

US tax overhaul will increase debt and interest costs

WASHINGTON:  A U.S. tax overhaul will increase the government’s need to issue more Treasuries as interest costs on the country’s debt become...

Asian stock markets stable after lackluster session on Wall Street

TOKYO: Shares were steady in Asia on Tuesday after a lackluster session on Wall Street where technology stocks tumbled. Investors are keeping...

Bitcoin collapses to under $11,000 after setting new records

LONDON: Bitcoin dipped back under $11,000 on Monday, coming off a record high just shy of $11,800 it hit on Sunday after...

Oil prices inch upwards, on expected fall in US crude stocks

SEOUL: Oil markets rose in early Asian trade on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after...