Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. — ReutersKospi drops before trimming losses as risk sentiment weakens.Nikkei 225 slips ~0.3% amid cautious Asian market…
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Ex-finance minister calls for measured ethanol policy to cut fuel costs
An ethanol plant with its giant corn silos next to a cornfield in Windsor, Colorado July 7, 2006. — ReutersMiftah warns against making “hasty decisions without proper assessment”.Says sugar mills could enter sector quickly if ethanol proves viable.Expresses doubts about immediate…
PSX rises higher as investors weigh SBP outlook, reserve uptick
Broker is busy in trading at Pakistan Stock Exchange in Karachi on Thursday, January 1, 2026. — PPIKSE-100 Index closed at 187,761.69 points, up 2,662.86 points, or 1.44%.Index hit intraday high of 187,882.04 points, up 2,783.21 points, or 1.50%.KSE-100 recorded a low of 186,127.35,…
Taxes on high-end phones affect only 5% of users, says FBR chairman
A man checks an iPhone 16 Pro at an Apple store. — Reuters/FilePremiums on latest models reaching Rs150,000.Imported phones taxed under existing regime.Report on the issue due by March before NA.
The Federal Board of Revenue has said that taxes on expensive, imported…