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LONDON: Bitcoin tested 15-month highs on Monday after jumping more than 10 per cent over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin. The original cryptocurrency hit $11,247.62 on the Bitstamp exchange late on Sunday — its highest since March last year. It later pulled back, …

ISLAMABAD: The Senate on Monday adopted all of the 61 recommendations of its standing committee on finance and revenue, asking the National Assembly to delete the much-talked Asset Declaration Scheme, the Stamp Act of 1899 and West Pakistan Motor Vehicles Taxation Act 1958 from the Finance Bill 2019-20. The upper house praised the committee headed by Dr Farooq H. Naek …

KARACHI: The stock market extended its rally into the third day on Friday as the KSE-100 index propelled by 334.60 points (0.91 per cent) to close at 37,130.63. The market opened positive and remained bullish for the entire session on the last trading day of the week and the index touched intraday high by 362 points. Investors were enthused by …