Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. — ReutersMore tankers moving through Hormuz ease supply disruption fears.Oil benchmarks hit lowest levels since early March this week.Analysts say…
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Remittances rise 9% to $16.1bn in first five months of FY26
A currency exchange dealer holds dollars in his hands. — AFP/FileNovember inflows rise YoY but fall from October.Saudi Arabia stays Pakistan’s largest remittance source.Brokerage projects FY26 remittances to reach $41bn.
Workers’ remittances to Pakistan rose 9%…
FBR proposes tax on social media earnings
An undated image of the Federal Board of Revenue building in Islamabad. — APP/File
The Federal Board of Revenue has proposed a special taxation procedure to bring social media content creators earning income from remunerative content into the tax net.
In two separate…
Santa Didn’t Come For Bitcoin ETFs: $782 Million Walks Out The Door
Spot Bitcoin ETFs suffered heavy withdrawals over the Christmas week as investors pulled about $782 million from the products, according to data from SoSoValue. Bitcoin’s market price stayed roughly near $87,000, even as the funds lost cash. The drop trimmed total net assets in US-listed spot Bitcoin ETFs to about $113.5 billion, down from levels […]