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Pakistan is planning tax breaks for some sectors in new policy

Bloomberg Pakistan is considering offering tax breaks to various industries with export potential as it looks beyond textiles to boost outbound trade, an adviser to prime minister Imran Khan said. Engineering, chemicals, technology and footwear are among 20 sectors identified for incentives, Abdul Razak Dawood, the commerce and investment adviser to the prime minister, said in an interview in Islamabad. ...

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China vows more support for private sector to stabilise growth

Bloomberg China unveiled its latest slate of measures designed to bolster private-sector businesses as policy makers double down on efforts to support what is by far the country’s largest source of jobs. The steps announced by the State Council, China’s cabinet, aim to help private firms gain better market access and equal regulatory treatment as their state-owned peers. Among actions ...

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US futures edge higher ahead of holiday break

Bloomberg Stocks in Europe edged higher on Monday along with US equity-index futures, with volumes subdued as investors count down to the holiday break. Ten-year Treasuries and the dollar were steady. Healthcare stocks led the modest advance on the Stoxx Europe 600 index after Friday’s record-high close. Contracts on the S&P 500 climbed after the underlying index logged its biggest ...

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