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Business
SpaceX Shares Fall Below $135 IPO Price for First Time
SpaceX shares fell below the USD 135 IPO price for the first time on Wednesday, touching USD 132.24 before recovering…
Wall Street Rises as PayPal Jumps on $53bn Takeover Bid
Wall Street rose in early trading on Wednesday, July 15, as cooler US producer inflation and a reported USD 53…
Small Shopkeepers Tax: FBR Proposes 1% Turnover Levy
The Federal Board of Revenue has proposed a small shopkeepers tax equal to 1% of annual gross turnover, with a…
PSX Rebound Lifts KSE-100 by Over 2,800 Points
KARACHI: PSX rebound gained pace on Wednesday as the KSE-100 Index rose more than 2,800 points in early trade, recovering…
Pakistan Public Debt Retirement Reaches Rs4.72tr
Pakistan’s public debt retirement before maturity reached Rs4.722 trillion, or about $17 billion, after the government completed a Rs279 billion…
Perpetuals.com Acquisition Talks End For Alt5 Unit
SAN FRANCISCO: Perpetuals.com acquisition talks to buy AI Financial Corporation’s Alt5 Sigma Canada unit have ended, the fintech company said…
Asian Markets Choppy After Trump Hormuz Levy Threat Lifts Brent Crude
SINGAPORE: Asian markets swung between gains and losses Tuesday as Brent crude hit a one-month high after President Donald Trump…
Oil Prices Rise as Hormuz Risks Hit Global Markets
LONDON: Oil prices jumped on Tuesday as Brent crude climbed above $86 a barrel after renewed US-Iran tensions raised supply…
European Central Bank Rate Hikes Priced Higher After Oil Tops $86
LONDON: Traders lifted bets on ECB rate hikes and a Bank of England increase after Brent crude rose above $86…