Wall Street Week Ahead: Debt ceiling deal may shift investor focus to further Fed action NEW YORK: A last-minute deal to raise the US $31.4 trillion debt ceiling will likely shift Wall Street’s attention... Published 29 May, 2023 04:27am
Business & Finance Beverage industry urges govt to withdraw additional FED LAHORE: The aerated beverage industry has reported a drop of 35% - 40% in volume since the imposition of another 7%... Published 29 May, 2023 04:27am
Business & Finance PFVA demands withdrawal of 10pc FED on juice industry KARACHI: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has proposed... Published 27 May, 2023 06:09am
Business & Finance Tobacco sector: significant decline in sales hitting national exchequer ISLAMABAD: The documented tobacco sector in Pakistan is experiencing a significant decline in sales, resulting in a... Published 26 May, 2023 06:48am
Editorials Political will only way to boost tax base EDITORIAL: Ironically, tax-to-GDP ratio is below 10 percent in Pakistan, well below the level required for any... Published 26 May, 2023 06:48am
Business & Finance Dollar hits two-month high on rising rate bets NEW YORK: The US dollar hit a two-month high on Tuesday in line with higher Treasury yields after hawkish comments... Published 24 May, 2023 05:57am
Business & Finance FED on cigarettes: health activists for further hike ISLAMABAD: Health activists and civil society organisations have demanded of the government to further increase ... Published 21 May, 2023 04:00am
Business & Finance Pakistan Tobacco Co massively cuts production on FED hike ISLAMABAD: Pakistan Tobacco Company has stopped 80 percent of its total production which may lead to the total... Published 21 May, 2023 04:00am
Pakistan Illicit cigarette industry’s market share expands to 39pc ISLAMABAD: The illicit cigarette industry share has been increased to 39 percent in the market as compared to claims... Published 16 May, 2023 03:23am
Business & Finance Dollar struggles, pound hits one-year high NEW YORK: The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the... Published 09 May, 2023 05:37am
Business & Finance ‘Unprecedented’ hike in FED on cigarettes resented LAHORE: Expressing serious concerns over the government’s unprecedented increase in the FED rate on locally... Published 04 May, 2023 04:26am
Markets Banks, energy stocks lead Wall St slide ahead of Fed meeting NEW YORK: US stock indexes tumbled on Tuesday, led by banks and energy shares, as investors fretted about the impact... Published 03 May, 2023 06:35am
Markets S&P 500, Fed meet in focus NEW YORK: The S&P 500 and the Dow edged higher as JPMorgan shares rose after the lender said it will buy most of... Published 02 May, 2023 05:59am
Markets Most Gulf markets fall as Fed seen hiking rates BENGALURU: Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve... Published 02 May, 2023 05:59am
Business & Finance Dollar steady before Fed meeting, jobs data NEW YORK: The dollar was little changed on Monday before a busy week for central banks, with the Federal Reserve... Published 02 May, 2023 05:59am
Business & Finance Fed says new refinements of trading process are coming NEW YORK: The Federal Reserve is planning new steps to ensure officials and top staff are complying with financial... Published 02 May, 2023 05:59am
Print Fed expected to hike again despite signs of slowing economy WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth — and possibly... Updated 01 May, 2023 08:57am
Business & Finance US consumer confidence falls ahead of Fed decision WASHINGTON: US consumer confidence fell more than many predicted in April, fueled by a deterioration in expectations... Published 26 Apr, 2023 06:15am
Markets Wall St slips as Fed likely to hike rates in May NEW YORK: US stocks slipped on Monday after strong data on manufacturing activity in New York state supported the... Published 18 Apr, 2023 06:21am
Business & Finance FY23Q1 cigarette sales decline 50pc on massive hike in FED KARACHI: After the massive increase in federal excise duty (FED), the sale of legal cigarettes has declined by 50... Published 17 Apr, 2023 06:41am
Business & Finance Dollar firms as US jobs report backs Fed hike in May NEW YORK: The dollar strengthened on Friday after data showed an increase in jobs in the world’s largest economy... Published 10 Apr, 2023 06:45am
Business & Finance Tobacco co underscores need for implementing track-and-trace system across entire industry ISLAMABAD: A national tobacco company, which has implemented Federal Board of Revenue’s (FBR) track and trace... Published 08 Apr, 2023 06:21am
Pakistan Labour unions, farmers welcome hike in FED on cigarettes ISLAMABAD: Representatives of labour unions and farmers/growers appreciated the government for enhancing the Federal... Published 04 Apr, 2023 03:24am
Business & Finance Cigarette brands of multinational firms: FBR chief informs Senate body about ‘historic’ increase in FED ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad said on Wednesday that the government has made ... Published 30 Mar, 2023 06:35am
Business & Finance SVB collapse 'textbook case of mismanagement': top Fed official WASHINGTON: The collapse of Silicon Valley Bank (SVB) was a "textbook case of mismanagement" which requires tougher... Published 27 Mar, 2023 11:10pm
Markets Wall Street gains as bank contagion fears subside NEW YORK: Wall Street’s main indexes climbed on Tuesday after the rescue of Credit Suisse calmed nerves about a... Published 22 Mar, 2023 06:24am
Markets S&P, Dow gain as bank fears ease ahead of Fed meeting NEW YORK: The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit... Published 21 Mar, 2023 06:29am
Business & Finance Inflation could break further records, clock in above 34%: report JS Global says higher gas and cigarette prices are among key drivers of inflation Updated 20 Mar, 2023 03:21pm
Business & Finance Fed to balance banking woes, inflation in this rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent... Published 20 Mar, 2023 06:12am
Markets Wall Street Week Ahead: Inflation data awaited by markets hit by worries about Fed, banks NEW YORK: A critical inflation report next week will test a US stock market already consumed by worries over Federal... Published 13 Mar, 2023 06:15am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?