LONDON: UK growth figures will also help decide when the Bank of England might start to hike borrowing costs.
Economists predict official figures will show GDP growth bounced back in the second quarter after a new-year slowdown.
Alongside fading worries about the Greek debt crisis and signs of rising living standards, any such recovery in headline growth could fan expectations that the Bank’s policymakers are readying to raise interest rates, perhaps even before the end of the year.
ISLAMABAD: Five of Pakistan’s largest oil refineries on Thursday warned that increasing smuggling of petroleum products is threatening refinery operations...
ISLAMABAD: The federal government has fully utilised a $1.2 billion oil facility from the Kingdom of Saudi Arabia (KSA), with...
ISLAMABAD: The Federal Board of Revenue has imposed penalties worth Rs2.7 billion on Gerry’s Dnata after adjudication orders found the...
LAHORE: Punjab recorded the highest growth in sales tax collection on services among all provinces during the first nine months...
