Saad Mahmood Rashid officially takes charge as CEO of Akzo Nobel
LAHORE: A bourse notification Monday revealed Saad Mahmood Rashid has taken charge as Executive Director of Akzo Nobel effective November 20th, 2017.
Saad...
Asian stocks rise as Wall Street recovers lost ground
TOKYO: Asian shares edged mostly higher Tuesday after Wall Street regained lost ground overnight amid subdued trading ahead of the Thanksgiving holiday.
KEEPING...
Oil prices stable, as rising US output hits OPEC cuts
SINGAPORE: Oil prices were little changed on Tuesday as the impact from expectations of an extended OPEC-led production cut was canceled out...
Pakistan hasn’t defaulted once on its debts since independence
LAHORE: Pakistan joined the fray of six other nations susceptible to possible risk of defaulting on its debts as its credit-default swaps...
Pakistan rebuffs Chinese request to use renminbi
ISLAMABAD: China’s request to use its renminbi currency (RMB) in the Gwadar Free Zone under China-Pakistan Economic Corridor (CPEC) framework has been...
Saazgar engineering signs vehicle assembly agreement with Chinese firm
LAHORE: A bourse notification from Saazgar Engineering Works Limited (SAZEW), Monday revealed it signed a vehicle assembly cooperation agreement with an unnamed...
Amreli Steels strikes partnership with Chinese firm for sale of electrical transmission towers
LAHORE: A bourse notification from Amreli Steels Limited (ASL) revealed of entering into a joint venture with a Chinese firm Qinddao Huijintong...
Frenzy sparks Bitcoin to touch all-time high of nearly $8,000
LONDON: Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency...
Six per-cent of Pakistani’s paid 79pc of direct taxes during tax year 2016
ISLAMABAD: Data from Tax Directory 2016 revealed a meagre 6pc (65,000 Pakistani’s) of those who filed their income tax returns in tax...
Oil prices claw up, but register first weekly decline in six weeks
NEW YORK: Oil rebounded more than 2 percent on Friday after falling for five straight session as a major U.S. crude pipeline...
FBR gets significantly more tax filers this year, says Haroon Khan
ISLAMABAD: Special Assistant to Prime Minister on Revenue Haroon Khan has said FBR has been making concerted efforts for the broadening of...
Market Daily: PSX takes a breather, settles in green with 150.52 points
LAHORE: The Pakistan Stock Exchange (PSX) took a breather on Thursday after three sessions in the red. Pakistani equities exhibited a positive...
Emaar’s development unit IPO set to raise $1.31 billion
DUBAI: Emaar Development, a unit of Dubai property firm Emaar Properties, priced its initial public offering below the mid-point of an indicative...
Asian shares hold firm, despite losses on Wall Street
SEOUL: Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on...
Oil prices steady as OPEC expected to extend production cuts
SINGAPORE: Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by expectations that OPEC will extend...