EU uncovers 2.2-bn-euro cross-border tax fraud BRUSSELS: The EU on Tuesday announced the discovery of a sophisticated 2.2-billion-euro ($2.3-billion) VAT tax fraud... Published 30 Nov, 2022 05:53am
Markets Euro, sterling rise on hopes of China COVID policy relief Risk-sensitive sterling and euro rose on Tuesday against the weakening safe haven U.S. dollar amid hopes of a... Published 29 Nov, 2022 08:08pm
Business & Finance Sterling edges up against dollar LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s... Published 29 Nov, 2022 05:57am
Business & Finance Dollar edges up in range-bound holiday markets NEW YORK: The dollar edged higher across the board on Friday in a quiet session following the US Thanksgiving ... Published 28 Nov, 2022 05:48am
Business & Finance Sterling climbs as dollar rally wanes LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ... Published 23 Nov, 2022 05:55am
Business & Finance Dollar retreats as investors tiptoe back into riskier currencies NEW YORK: The dollar retreated across the board on Tuesday, ceding some of the ground gained in the previous ... Published 23 Nov, 2022 05:55am
Business & Finance Covid in China sets sterling for biggest daily fall in two weeks LONDON: Sterling slipped against a strengthening US dollar on Monday as global risk sentiment was dented by rising... Published 22 Nov, 2022 03:23am
World France to spend 8.4bn euro to help companies with energy bills PARIS: France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to... Published 20 Nov, 2022 04:16am
Business & Finance Dollar weighed by easing Polish tensions, US data NEW YORK: The euro pulled higher against the dollar and the yen on Wednesday as concerns about a missile strike in... Published 17 Nov, 2022 05:59am
Business & Finance Dollar loses ground after economic data boosts risk appetite NEW YORK/LONDON: The US dollar lost ground to other currencies including the euro, the yen and sterling after US... Published 16 Nov, 2022 05:50am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 09 Nov, 2022 03:41am
Business & Finance Euro, sterling jump, dollar falters as market shifts to risk assets WASHINGTON/LONDON: Euro and sterling rose against the safe-haven US dollar on Monday, supported by a risk-on... Published 08 Nov, 2022 05:56am
Business & Finance Dollar drops as US nonfarm payrolls show mixed results NEW YORK: The dollar tumbled on Friday after the US nonfarm payrolls report for October showed the world’s largest... Published 07 Nov, 2022 05:48am
Business & Finance Dollar eases NEW YORK: The dollar slipped broadly on Wednesday as investors awaited a Federal Reserve policy decision amid... Published 03 Nov, 2022 05:50am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (November... Published 02 Nov, 2022 04:37am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 02 Nov, 2022 04:37am
Business & Finance ECB’s next rate move likely between 50 and 75 bps AMSTERDAM: The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy... Published 31 Oct, 2022 05:55am
Markets Euro slips below parity, yen steady ahead of BOJ SINGAPORE: The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the... Published 28 Oct, 2022 10:10am
Business & Finance Euro falls against the dollar after ECB rate hike, US data NEW YORK: The euro briefly fell back below parity with the dollar on Thursday after the European Central Bank (ECB)... Published 28 Oct, 2022 05:58am
Business & Finance Dollar sags as Fed looks less hawkish NEW YORK: The euro rose back above parity against the dollar for the first time in a month on Wednesday after poor ... Published 27 Oct, 2022 05:54am
Business & Finance Russian rouble steady MOSCOW: Russian markets opened steady on Tuesday as month-end tax payments offered support to a rouble buffeted by... Published 19 Oct, 2022 05:54am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 14 Oct, 2022 03:39am
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Thursday (October... Published 14 Oct, 2022 03:39am
Business & Finance Volatile rouble pares losses MOSCOW: The Russian rouble fell to a more than three-month low near 65 to the dollar in early trade on Wednesday... Published 13 Oct, 2022 05:59am
Business & Finance Dollar gains as US stocks drop NEW YORK: The dollar rebounded across the board on Wednesday as recent risk-on sentiment reversed and US stocks... Published 06 Oct, 2022 05:59am
Business & Finance Rouble weakens MOSCOW: The rouble weakened past 59 against the dollar on Tuesday and slumped against the euro, giving up most of ... Published 05 Oct, 2022 05:49am
Business & Finance Dollar falls as US yields ease; euro rallies NEW YORK/LONDON: The dollar slid against major currencies on Tuesday as the yield on the benchmark US 10-year... Published 05 Oct, 2022 05:49am
Business & Finance Sterling climbs after tax plan reversal; dollar weaker against yen, euro NEW YORK/LONDON: Sterling jumped against the dollar on Monday after Britain reversed a plan to cut the highest rate... Published 04 Oct, 2022 05:55am
Business & Finance Volatile rouble gives up huge gains MOSCOW: The rouble weakened on Friday, giving up huge gains that had seen it soar to an eight-year high against the... Published 03 Oct, 2022 05:52am
Business & Finance Sterling posts sharp gains; dollar down against most currencies LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ... Published 30 Sep, 2022 05:52am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?