U.S. experts join investigation into South Korea plane crash – CBS News Watch CBS News Experts from the National Transportation Safety Board, the Federal Aviation Administration and Boeing have joined the investigation into the plane crash in South Korea that killed all but two of the 181 people on board. Ramy Inocencio has the latest. … Read more
Speculation grew on Friday that the Russian military may have played a role in the affair. Azerbaijan Airlines plane crash who killed 38 people and injured 29 survivors in Kazakhstan on Christmas Day, experts say cast doubt on Moscow’s suggestion that a bird strike was to blame. Azerbaijan Airlines Flight 8243, an Embraer 190 aircraft, … Read more
Representative image showing a person using a calculator for tax purposes. — AFP/File Banks face higher taxes under the revised ADR formula. The end-of-year ADR could move to calculating the annual average. The exclusion of certain advances could increase the tax obligations of banks. Analysts said on Monday that the committee formed by Prime Minister … Read more
PTI supporters take part in a protest in Islamabad on November 26, 2024. — Reuters Expert warns of decline in remittances due to use of informal channels. Highlights potential difficulties in collecting taxes for the government. One must observe how Pakistani expatriates respond to Khan’s calling: banker. KARACHI: The Pakistan Tehreek-e-Insaf (PTI) has marched on … Read more
State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more
Brokers monitor the latest stock prices at the Pakistan Stock Exchange (PSE) in Karachi, July 3, 2023. — AFP Despite the political noise and economic worries that make headlines every other day, the Pakistan Stock Exchange (PSX) broke all previous records and touched an all-time high of over 100,000 points on Thursday. The PSX’s benchmark … Read more