Oil prices increase in wake of decline in US crude & inventories
Singapore: Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market.
Strong Chinese oil import...
Asian shares reach decade high due to expectations of brisk global growth
Tokyo: Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing...
Philippine’s One Dex Cel Pharma shows intent to acquire 65pc equity stake in Haydery Construction
Karachi: In a notification sent to the bourse on Friday by Topline Securities announced the intention of Philippines based One Dex Cel...
SBP directs money changers to ensure 1pc reduction in open-market rate of dollar
Karachi: State Bank of Pakistan on Thursday held a meeting at its headquarters with money changers and directed them bring to reduce...
Bitcoin shatters $5,000 barrier to touch all-time high
London: Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk...
Oil prices fall slightly as US fuel inventories rise
Singapore: Oil prices eased on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production and tighten the market.
U.S....
Asian shares consolidate gains, as Chinese investors hold back
Tokyo: Asian shares were mostly higher Thursday, taking their cue from the latest record highs on Wall Street. Chinese investors are holding...
ECAP says rising US dollar rate in open market swaying people towards hawala and hundi
Karachi: Exchange Companies Association of Pakistan (ECAP) reported a disparity between the dollar rate on Wednesday which was Rs107.30-60 in open market...
Global oil prices inch upwards for third straight day, as 2018 outlook looks unpredictable
Singapore: Oil prices edged up on Wednesday, rising for a third day, on signs that markets are gradually tightening after years of...
Asian shares touch their highest in a decade
Tokyo: Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered...
Pakistan’s misplaced tax policy
One of the major features of tax policy under PML-N government has been its incessant focus on expanding Pakistan’s tax net. To...
Onecoin: Cryptocurrency for the gullible
Our society seems to be fascinated with credulity and self-delusion. I first noticed this back in 2013, when “Engineer” Agha Waqar came...
Asian shares rise on back of strong Wall Street performance last week
Beijing: Most Asian markets rose Monday following a strong week on Wall Street as Chinese trading resumed after a holiday.
KEEPING SCORE: The...
Oil prices inch upwards on news of Saudi restraining its output
Singapore: Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to...
OECD warns Pakistan of meeting obligations to prevent tax evasion
Islamabad: Organization of Economic Cooperation and Development (OECD) has warned Pakistan of failing to meet its international commitments of preventing tax evasion...