Oil PRices
Oil prices in Asia drop further
SINGAPORE: Oil prices fell in Asia on Monday, giving up some of last week’s sharp gains as concerns of a global supply glut weighed on prices ahead of fresh US…
Sugarcane
Support price delay: Sindh sugarcane growers appeal PM for intervention
SUKKUR: Sugarcane growers on Saturday rejected the notification for support price of sugarcane for the season 2015-16 and announced a protest against Sindh government on sugarcane price issue, at Karachi…
PM NAWAZ
PM likely to announce tax scheme proposed by FBR, traders in January
ISLAMABAD: Prime Minister (PM) Nawaz Sharif is likely to announce three-year tax scheme by the start of January 2016. The proposed package is formed by Federal Board of Revenue (FBR)…
IMG 20151222 WA0017 1
Musharraf holds interactive session on Governance and Economy of Pakistan.
KARACHI: Ex President of Pakistan and Chairman APML General (R) Pervez Musharraf addressed a interactive session on Governance and Economy of Pakistan hosted by Pakistan's Business Friendship Council here on…
Toshiba predicts record $4.5bn loss
Toshiba has predicted it's annual loss of 550bn yen ($4.5bn) annual loss as it undergoes a restructuring in the wake of an accounting scandal. Troubled Japanese conglomerate , whose…
WTO
World Trade Organization strikes ‘historic’ farming subsidy deal
World Trade Organization (WTO) member countries have agreed to abolish subsidies on farming exports. Developed countries agreed to stop the subsidies immediately and developing nations must follow by the end…
KSE
Market watch: Index ends in red
KARACHI: Profit-booking and sector-specific news meant the benchmark-100 index caved under pressure, dropping below the 33,000-point mark once again. Foreign investors continued to offload, but news of Habib Bank Limited’s (HBL)…
Petrol Prices
Oil heads for third weekly loss after new signs of inventory building
Tokyo: Crude futures fell in Asian trading on Friday as fresh signs of inventory building and the Federal Reserves rate hike this week kept prices under pressure amid a global…
NBP
NBP’s profit likely to take hit over Rs12b lending
ISLAMABAD: The National Bank of Pakistan is going to take another hit on its profit, as it is unlikely that the entity will be able to recover the entire Rs12 billion…
Dubai Islamic Bank gets Best Islamic Retail Bank in Asia award
DUBAI: Dubai Islamic Bank Pakistan Limited (DIBPL) one of the fastest growing Islamic Banks in Pakistan has been awarded “Best Islamic Retail Bank in Asia” by the CPI Financial in Dubai, UAE.
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