NEW YORK: The rout in emerging-nation assets spread to developed markets, as stocks tumbled around the world and demand for havens spiked on intensifying concern that global growth is slowing.
Kazakhstan became the latest country to stop defending its currency, as developing nations struggle to overcome plunging prices for commodity exports. The selloff spread to U.S. equities, wiping out the Standard & Poor’s 500 Index’s gain for 2015 as investors sought the safety of gold and Treasuries.
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has directed 41 oil marketing companies (OMCs) to display prescribed banners and...
LAHORE: Punjab’s Excise and Taxation Department has decided to launch a crackdown on token tax and property tax defaulters from...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...
LAHORE: The Pakistan Medical Association (PMA) will lead a nationwide strike on September 30, shutting down medical facilities across the...
