Asian markets reverse on ligering trade war fearsAsian markets mostly fell on Thursday, with Shanghai and Hong Kong leading the way, with an early rally overcome by simmering concerns about a possible China-US trade war. Worry over the world economy...
PSX falls by 644 points as Moody’s downgrade Pakistan’s ratingKARACHI: Red ink splashed everywhere at the local bourse with the benchmark KSE-100 index losing 644 points, to close at 42,359. The index continued to slide throughout the session, hitting a day's lo...
PTCL achieves ISO Certifications for Cloud Infrastructure Services SecurityIslamabad: PTCL has become the country's first telecom operator to achieve two ISO certifications in parallel for its cloud services 'Infrastructure-as-a-Service' (IaaS) offering. These are ISO/IEC 27...
EU watchdog wants new rules for foreign exchanges after BrexitEuropean Union rules are needed after Brexit to regulate and supervise foreign stock and bond trading venues that want to serve EU investors, the bloc's markets watchdog said on Thursday. Steven Maijo...
CDC to facilitate Transfer of Book Entry SecuritiesKarachi: Central Depository Company of Pakistan Limited will facilitate Transfer of Book Entry Securities in the Central Depository System against declaration of assets under Government of Pakistan's...
Keeping undeclared assets in country, abroad getting difficult: Chairman FBRISLAMABAD: The Chairman of Federal Board of Revenue (FBR), Tariq Mahmood Pasha on Thursday said tax amnesty scheme is for the business community who should take full advantage of it as keeping undecla...
Yellow metal price remains dull on correction, buyers’ lull interestKARACHI: The yellow metal price in international and domestic markets closed dull on insignificant demand and correction in Gold Futures price while volumes also stood thin. In domestic metal market,...
Greenback remains firm in value versus rupeeKARACHI: The dollar closed on steady note in value against the rupee in the interbank and open market, treasurers and currency dealers said. It started the day's thin trading at Rs 120.25 for buying,...
Cotton prices remain firm amid better grades in focusKARACHI: Trading activity on the cotton market remained moderate amid strong physical prices, around 6,000 bales changed hands. The Karachi Cotton Association (KCA) spot rate unchanged at Rs 7,600 per...