Asian stock markets rise on investor optimism over global outlook

HONG KONG: Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in...

Could “Black Monday” comeback to crash global stocks again?

New York: On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are...

Oil prices steady as tensions in Middle East continue

Singapore: Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower U.S. production...

Asian stock markets lower, as China’s economic growth slows

Tokyo: Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly...

IPCC tells FBR to release Rs1.82b to Punjab for sales tax claims

Islamabad: Federal Board of Revenue (FBR) has been told to release Rs1.82b to Punjab on cross-adjustment sales tax claims by Inter-Provincial Coordination...

Market Daily: PSX recovery short lived as gains play a game of hide and seek

--KSE100 closed at 40,724.96 points, barely staying above the 40,000-point barrier LAHORE: PSX kicked off the day with a stellar performance but started...

FIA’s fake report in NICL money scam case challenged in SHC

KARACHI: Despite the request made by the National Accountability Bureau (NAB) for handing over the National Insurance Corporation Ltd (NICL) money scam...

China offers to buy 5pc equity stake in Saudi Aramco

Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi...

Asian shares rise after Wall Street hits new highs

Tokyo: Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. KEEPING...

Oil prices stick to October high as Iraq tensions flare-up

Singapore: Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous...

Business community demands withdrawal of withholding tax

LAHORE: Lahore Chamber of Commerce & Industry has demanded of the Federal Board of Revenue (FBR) to withdraw withholding tax on banking...

Oil prices climb due to Iran sanction threats

Singapore: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while...

Asian shares surge as they break 10-year records

Tokyo: Asian shares advanced to a decade high on Monday, while U.S. oil futures jumped to hover near a six-month top as...

FBR declines to reveal details of cash rewards paid to officers

Islamabad: Federal Board of Revenue (FBR) has outrightly declined to share details about amount paid as cash rewards to its officers for...

Pakistan’s tax to GDP ratio fell to 12.5pc during FY 2016-17

Karachi: State Bank of Pakistan released its “State of Economy” annual report which cited that the country’s tax to GDP ratio was...