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global corporate tax

Poland blocks EU compromise on global minimum corporate tax deal

PARIS: Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the...

Published 05 Apr, 2022 05:28pm

Markets

OECD nations to ban export credits for coal power

PARIS: Several OECD nations including Britain, Japan and the United States have agreed to halt government-supported...

Published 22 Oct, 2021 06:22pm

World

Global corporate tax deal nears as holdouts drop objections

The agreement will set a minimum corporate tax rate of 15% and let governments tax a greater share of foreign multinationals' profits

Published 08 Oct, 2021 05:50pm

Business & Finance

Ireland says final global tax text due on Wednesday, hopes to sign up

DUBLIN: A final text of a global corporate tax overhaul is due to be circulated to negotiating countries later on...

Published 06 Oct, 2021 12:31pm

Business & Finance

Global tax deal drops ‘at least’ from proposed minimum of 15%

PARIS: An updated draft of a global corporate tax overhaul has dropped "at least" from a proposed minimum rate of ...

Published 05 Oct, 2021 08:19pm

World

G7 seeks more progress on global corporate tax reform

LONDON: Finance ministers from the Group of Seven rich nations said on Thursday they had to make more progress on ...

Published 10 Sep, 2021 04:41am

World

Yellen says will try to address concerns of tax deal holdout countries

We'll be trying to do that, but I should emphasise it's not essential that every country be on board, says US Treasury Secretary

Published 10 Jul, 2021 06:02pm

World

Bargaining over global tax enters key stage

The deal now goes to the Organisation of Economic Co-operation and Development (OECD), which is overseeing two days of talks starting Wednesday to find a consensus among 139 countries.

Published 27 Jun, 2021 03:06pm

Technology

Amazon may prove exception to global tax rules

Such measures allow Amazon to considerably lower its tax bill.

Published 09 Jun, 2021 11:28am

Markets

Wall Street flat; tech shares shrug off G7 tax deal

QTS Realty surges on reports of deal with Blackstone.
Biogen gains ahead of FDA decision on Alzheimer's drug.
"Meme stocks" extend rally led by retail participation.
Indexes down: Dow flat, S&P and Nasdaq dip 0.13%.

Published 07 Jun, 2021 08:46pm

Markets

Italy welcomes US proposal for minimum global corporate tax of at least 15pc

Washington on Thursday offered to accept a rate of at least 15% during international negotiations, significantly below its proposed 21% minimum for US multinational firms.
"The possibility of reaching a global and consensus-based solution is now concrete," Italian Economy Minister Daniele Franco said in a statement.

Updated 21 May, 2021 06:57pm

Business & Finance

UAE now among world’s top ten tax havens

PARIS: The UAE has entered the world’s top ten tax havens for the first time, research showed Tuesday, in a report...

Published 15 Mar, 2021 05:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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