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Category: Business

Business

Dollar hits 14-year high

By sundaytimesNovember 17, 2016

The Bank for International Settlements this week reiterated that a stronger dollar poses risks for global markets. Investors have largely shru­gged off these warnings. The dollar index, a […]

Business International

Opec pushes for consensus on oil cut

By sundaytimesNovember 17, 2016

The Organisation of the Petroleum Exporting Countries (Opec) agreed in Algeria on Sept 28 to limit supply with special conditions given to Libya, Nige­ria and Iran, whose output […]

Business

Japan Watches Samsung Chip Away at Its Car Makers

By sundaytimesNovember 16, 2016

TOKYO—Samsung Electronics Co.’s planned $8 billion acquisition of U.S. auto-parts supplier Harman International Industries Inc. has exacerbated fears in Japan that its makers of cars and car parts […]

Business

FBR extends date for filing of income tax returns till Nov 30

By sundaytimesNovember 16, 2016

The filing of returns of income and statement of final taxation was earlier due on August 31 which was first extended up to September 30 2016, then to […]

Business

Asia markets track global surge as Trump fears ease

By sundaytimesNovember 10, 2016

HONG KONG (AFP) – Asian equities soared Thursday, joining a goldrush across world markets as the initial shock of Donald Trump s election win was replaced by hopes his […]

Business

Gold zooms, oil swoons as Trump lead roils risky assets

By sundaytimesNovember 9, 2016

MANILA: Gold surged nearly 5 percent in its biggest rally since June and oil fell to multi-month lows on Wednesday as Republican Donald Trump scored shock wins to […]

Business

Chinese confidence, investment lure once shy foreign investors to Pakistan: Bloomberg

By sundaytimesNovember 8, 2016

ISLAMABAD: Besides crackdown against militants to improve law and order situation and government’s plans to overcome power crisis, it was Chinese vote of confidence and investment worth 46 […]

Business

Ecnec approved eight development projects,worth about Rs187 billion.

By sundaytimesNovember 8, 2016

ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) on Monday approved eight development projects, most of them in the power sector, worth about Rs187 billion. Presided […]

Business

Toyota, in about-face, may mass-produce long-range electric cars – Nikkei

By sundaytimesNovember 7, 2016

Toyota Motor Corp is looking at mass-producing long-range electric vehicles (EVs) that would hit the market around 2020, the Nikkei newspaper reported on Monday, in what would be […]

Business

US dollar jumps in Asia as FBI clears Clinton

By sundaytimesNovember 7, 2016

The US dollar jumped in Asia on Monday after FBI Director James Comey said a review of newly discovered emails did not change the agency’s conclusion that no […]

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