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: President Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue (FBR) against the Federal...
LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) has called on the government to continue relaxed business hours beyond June...
KARACHI: The Federal Board of Revenue (FBR) has revised customs values for the import of textile lining and invisible coated...
