Business

Business

SECP places mutual funds returns on its website

The Securities and Exchange Commission of Pakistan (SECP) has uploaded returns of mutual funds as of June 30, 2016, on…

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Lenovo’s first-quarter profit jumps 64 percent, beating estimates

China’s Lenovo Group Ltd, the world’s biggest personal computer (PC) maker, said on Thursday its first-quarter net profit rose 64…

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SBP cancels license of M/s East West Exchange Company

The State Bank of Pakistan has cancelled the license of M/s East West Exchange Company-B (Pvt.) Limited after voluntary liquidation.…

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US finds evidence of criminality in VW probe: report

Federal investigators probing Volkswagen’s diesel emissions cheating scandal have uncovered evidence of criminal wrongdoing, The Wall Street Journal reported Monday,…

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DTH licenses to be issued from October: PEMRA Chairman

Pakistan Electronic Media Regulatory Authority (PEMRA) will start issuing licenses to companies for establishing and operating DTH (Direct-to-Home) services in…

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Iran to allow iPhone imports for first time

Iran is preparing to allow local companies to import iPhones for the first time to try to curb the huge…

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China’s Alibaba Q1 revenue leaps 59%, best since IPO

Chinese e-commerce giant Alibaba saw revenues leap 59 percent year-on-year for the quarter ended in June, it said Thursday, its…

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MCB announces half year financial performance

The Board of Directors of MCB Bank Limited on August 10, 2016 to review the performance of the Bank and…

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FBR’s tax collection soars to over Rs 3130b this year

Federal Board of Revenue (FBR) collected more than Rs 3,130 billion in the financial year 2015-16 as per figures consolidated…

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