Business
Business
Social Media Income Tax Approved at 5% in Pakistan
Pakistan’s Senate Standing Committee on Finance approved a social media income tax of 5% on annual earnings above Rs. 600,000…
Gazprom Stake in NIS Nears MOL Deal Before Deadline
MOL and Serbia have finalised terms for a possible takeover of the Gazprom stake in NIS, Serbia’s largest oil company,…
Asian Stocks Jump Over 5% as Oil Prices Fall
Asian stocks rallied Monday, with Tokyo and Seoul benchmarks rising more than 5%, after a US-Iran deal raised hopes for…
KSE-100 Index Rally Adds 4,517 Points On US-Iran Deal
The KSE-100 Index rally lifted Pakistan Stock Exchange shares on Monday. The index touched 176,917.76, up 4,517.86 points, or 2.62%,…
Asia Markets Rally As Oil Slides On US-Iran Deal
Asian markets rallied on Monday while oil prices slid and the dollar weakened after the United States and Iran agreed…
Cement Rate Pakistan Hits Rs1,505-Rs1,610 Per Bag
Cement Rate Pakistan stood between Rs. 1,505 and Rs. 1,610 for a 50kg bag of Ordinary Portland Cement as of…
Gold Forecast Turns Cautious After 24% Drop From Peak
The gold forecast turned cautious after bullion fell about 24% from a January 2026 peak near $5,405 an ounce to…
S&P 500 Forecast Stays Bullish Toward 8,000
The S&P 500 forecast remained bullish toward 8,000 as Wall Street weighed higher inflation, proposed US tariffs and rising AI…
SAP Shares Rise 0.26% To €140.26 After Recent Slide
SAP shares rose 0.26% to €140.26 on June 12, 2026, after recent pressure tied to AI-sector spending concerns and technical…