As inflation cools, Fed officials signal rate hikes likely done WASHINGTON: Federal Reserve policymakers signaled on Thursday the US central bank’s interest rate hikes are likely... Published 01 Dec, 2023 04:43am
Business & Finance Share of cigarettes in FED collection rises ISLAMABAD: The share of cigarettes in overall Federal Excise Duty (FED) collection has increased to 40 percent ... Published 29 Nov, 2023 05:09am
Business & Finance Fed expects interest rates to stay high ‘for some time’ WASHINGTON: All members of the US Federal Reserve’s powerful rate-setting committee judged earlier this month that... Published 27 Nov, 2023 06:13am
Markets Asian FX rally as markets eye Fed rate cuts BENGALURU: Emerging Asian currencies and most equities in the region rose on Tuesday after the US dollar touched new... Published 22 Nov, 2023 05:48am
Markets Dollar holds ground as macro data hints at later Fed rate cut TOKYO: The dollar held its ground early on Thursday after a volatile two days that saw sharp declines followed by a... Published 16 Nov, 2023 09:47am
Markets Wall St inches up as markets await Fed speakers amid rate-cut hopes NEW YORK: Wall Street’s main indexes edged higher on Monday as investors geared up for commentary by a slew of... Published 07 Nov, 2023 06:33am
Business & Finance Dollar dips on growing bets Fed rate hikes are over NEW YORK: The US dollar fell to an almost eight-week low against the euro on Monday on growing confidence that the... Published 07 Nov, 2023 06:33am
Markets Wall St wavers ahead of Fed decision NEW YORK: Wall Street’s main indexes struggled for direction on Tuesday as investors awaited the outcome of the... Published 01 Nov, 2023 05:57am
Markets Gulf bourses drop amid hawkish Fed tone, Mideast conflict RIYADH: Stock markets in the Gulf fell on Sunday amid warnings of possible further interest rate hikes from the U.S... Published 23 Oct, 2023 05:58am
Markets Wall St up as Powell remarks fuel hopes Fed may pause rate hikes NEW YORK: Wall Street’s main indexes rose on Thursday after Federal Reserve Chair Jerome Powell said the US ... Published 20 Oct, 2023 05:17am
Business & Finance Asian FX recover lost ground with Fed and China in focus BENGALURU: Most emerging Asian currencies steadied and stock markets firmed on Tuesday after dovish comments from a... Published 18 Oct, 2023 06:09am
Editorials High interest rate environment EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across... Published 07 Oct, 2023 06:01am
Markets Major Gulf indexes subdued as rate outlook rattles investors DUBAI: Most major stock markets in the Gulf ended lower on Monday, alongside subdued global equities, as investor... Published 26 Sep, 2023 06:33am
Business & Finance Dollar retreats ahead of Fed decision NEW YORK: The dollar edged lower on Wednesday ahead of a much-anticipated interest rate decision by the US Federal... Published 21 Sep, 2023 06:08am
Markets Wall St rises as strong data fails to dent rate-pause hopes NEW YORK: Wall Street’s main indexes rose on Thursday as hotter-than-expected economic data failed to erode... Published 15 Sep, 2023 06:32am
Print SC says show-cause notice issued to taxpayer must contain all necessary facts ISLAMABAD: The Supreme Court declared that a show cause notice issued to a taxpayer must contain all the necessary... Updated 20 Aug, 2023 09:30am
Markets Wall St rises as July inflation data fuels Fed rate pause hopes NEW YORK: Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal... Published 11 Aug, 2023 05:17am
Business & Finance Dollar sinks as inflation, jobless claims data cement Sept Fed pause NEW YORK: The dollar fell on Thursday after data showed US consumer prices rose modestly last month, while initial... Published 11 Aug, 2023 05:17am
Opinion Fed doublespeak Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest... Updated 03 Aug, 2023 06:34am
Markets Reliance, L&T power Indian shares ahead of Fed decision BENGALURU: Indian shares advanced on Wednesday, boosted by gains in index heavyweights Reliance Industries, Larsen... Published 27 Jul, 2023 06:26am
Business & Finance Dollar slips before Fed decision, euro rises NEW YORK: The dollar edged lower on Wednesday hours before the Federal Reserve is widely expected to raise interest... Published 27 Jul, 2023 06:26am
BR Research Oil prices - a rally coming soon? The global crude oil price had been stuck near $75 since May this year. After resisting the prevailing pessimism for... Published 13 Jul, 2023 08:09am
Markets India’s Nifty snaps eight-day win streak on Fed concerns BENGALURU: India’s blue-chip Nifty 50 index fell for the first time in nine sessions on Friday, succumbing to the... Published 10 Jul, 2023 06:52am
Business & Finance FBR directed to transfer ST, FED jurisdiction of all cases from AEOI Zones to original jurisdiction ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately transfer... Published 08 Jul, 2023 06:20am
Markets Wall Street dips on jitters ahead of Fed minutes NEW YORK: Wall Street’s main indexes fell on Wednesday ahead of the Federal Reserve’s June meeting minutes, ... Published 06 Jul, 2023 05:42am
Print Massive changes introduced in Finance Bill Govt withdraws certain exemptions, re-imposes/increases regulatory duties on imports of luxury items Updated 25 Jun, 2023 05:02pm
Business & Finance Cigarettes: Rs364bn can be generated by maintaining enhanced FED slabs Islamabad: The government can generate around Rs 364 billion from the tobacco sector in 2023-24 by maintaining the... Published 21 Jun, 2023 05:21am
Business & Finance PTA to hire consultants over most efficient/effective tax model ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is planning to hire tax consultants to propose the most... Published 20 Jun, 2023 03:16am
Business & Finance Multinational cos propose 30pc cut in FED on cigarettes ISLAMABAD: A multinational cigarette manufacturing company has approached the government to reduce the Federal ... Published 20 Jun, 2023 03:16am
Print Royalty, tech services fee added: Scope of FED on services enlarged ISLAMABAD: The scope of Federal Excise Duty (FED) on services has been proposed to be enhanced by adding royalty and... Published 10 Jun, 2023 04:28am