Business
Business
Use of Chinese Yuan for denominating foreign currency transactions In Pakistan
The State Bank of Pakistan (SBP), in the capacity of the policy maker of financial and currency markets, has taken…
CPI based inflation remains in single digit at 4.57%
The Consumer Price Index (CPI) on year-on-year basis during December 2017 witnessed an increase of 4.57 per cent as compared…
Repairs begin on Libyan oil pipeline damaged by blast
Repairs were carried out on Saturday on a Libyan oil pipeline badly damaged by an explosion four days earlier, an…
Finance adviser Miftah Ismail targets tax reforms, touts rupee flexibility
New finance ministry chief Miftah Ismail said he plans significant tax reforms in the five months before the government’s term…
China’s Huawei flags slowest revenue growth in four years
China’s Huawei Technologies Co Ltd expects 2017 revenue to rise 15 per cent to 600 billion yuan ($92.08 billion), its…
Apple suppliers drop on report of weak iPhone X demand; analysts’ views mixed
Shares in several of Apple Inc’s Asian suppliers fell for a second straight day on Tuesday, hurt by a report…
In blow to finances, Oman postpones VAT introduction
Oman will delay the introduction of a five percent value-added tax until 2019 instead of introducing it next year as…
China’s yuan ends onshore trading session at 3-1/2-month high
China's yuan strengthened through the day in holiday-thinned trading on Monday, reaching its highest level in three-and-a-half months against the…
Bitcoin falls 30 percent, posts worst week since 2013
Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to…