Author: Lucas

Changes facilitate offering of Shariah-compliant brokerage services, account opening forms The Securities and Exchange Commission of Pakistan has approved amendments to the Pakistan Stock Exchange regulations aimed at promoting greater market transparency, strengthening investor protection, and developing a robust Shariah-compliant capital market ecosystem. The approved changes require PSX to publicly disclose all disciplinary actions taken against listed companies on its website. This will enable investors to make better-informed decisions and enhance overall disclosure to market participants, according to a news release on Monday. SECP Drives Transparency & Growth in Pakistan’s Islamic Capital MarketThe SECP has approved key amendments to the…

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Colombian researchers have recovered the first artefacts from the wreck of the San Jose galleon, an 18th-century Spanish warship believed to be carrying billions of dollars’ worth of gold, silver and emeralds when it sank in 1708. A porcelain cup, coins and a bronze cannon were lifted from roughly 600 meters below the surface during a recent deep-sea operation. The exact location of the San Jose remains classified by the Colombian government as a state secret, and estimates of its cargo’s monetary worth range from $17 to $20 billion in today’s dollars. Article continues after ad What has been recovered…

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Many more Brits could face tax bills on their savings, which may be avoidable, according to a report. As many as 5.2 million non-ISA savings accounts are now earning enough interest to breach the £1,000 personal savings allowance (PSA) for basic-rate taxpayers, according to research by Paragon Bank. Once interest exceeds that threshold, it becomes taxable.Those 5.2 million accounts hold a combined £516billion. For higher-rate taxpayers, who have a lower PSA of £500, the numbers rise to nine million accounts holding £632.7billion. Savers can shield interest from tax by using Cash ISAs (Individual Savings Accounts), which currently allow up to…

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Sales of private listed non-financial companies rose 8 per cent on year in the second quarter of FY26, accelerating from 5.5 per cent growth in Q1, led by improvement in sales growth across all the major sectors, according to Reserve Bank of India. The RBI released data on performance of private corporate business sector in Q2 of FY26, based on the results of 3,118 listed non-government, non-financial companies. Of the total, sales of 1,775 listed private manufacturing companies went up 8.5 per cent, from 5.3 per cent in Q1, mainly driven by higher sales growth in automobiles, food products, electrical…

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CANADA – 2025/10/01: In this photo illustration, the UnitedHealth Group (United Health) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnitedHealth’s stock plummeted from over $600 to approximately $310-$320 (nearly 50% down) over the last year, and it’s not merely market fluctuations. This decline stems from a significant issue centered around one key metric: the Medical Care Ratio (MCR). Additionally, even Optum, the division that was expected to provide stability, is encountering difficulties. Separately, read about the turmoil in Bitcoin: Before Bitcoin Hits $50,000, Ask This One Question.…

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Mon Nov 24, 2025 08:55 PM Last update on: Mon Nov 24, 2025 08:52 PM Star Business Desk Mon Nov 24, 2025 08:55 PM Last update on: Mon Nov 24, 2025 08:52 PM Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank PLC, and Syed Mohammad Kamal, country manager of Mastercard Bangladesh, pose for a photograph at the launch of the new “Platinum Multicurrency Debit Card” at an event in Dhaka on Sunday. Photo: BRAC Bank “> Tareq Refat Ullah Khan, managing director and CEO of BRAC Bank PLC, and Syed Mohammad Kamal, country manager of Mastercard Bangladesh,…

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Robotic arms produce robots at a factory of Estun Automation in Nanjing, East China’s Jiangsu Province. Photo: VCGNew- and high-tech sectors continued to drive China’s industrial recovery in October, with strong year‑on‑year gains across high-end manufacturing and digital economy, according to data released by the State Taxation Administration on Monday. Chinese enterprises have steadily increased their investment in innovation, while the development of new quality productive forces accelerated in October of 2025. The latest value-added tax (VAT) invoice data showed that sales revenue for intellectual property-intensive industries grew by 13.6 percent year‑on‑year in October, maintaining a rapid pace of expansion, the…

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One of the easiest ways to maximize your savings on Black Friday and Cyber Monday — aside from using a rewards credit card — is to take advantage of a shopping portal.These sites offer additional cash back, miles or flexible travel rewards when you sign up for an account and click through the portal to the retailer’s site before finalizing your purchase. For the most part, it’s that simple; however, there are caveats to be aware of so you don’t negate your bonus rewards. To help boost your savings, here’s the shopping portal I’m leaning into this holiday shopping season…

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