Pakistan's finance minister said the government will introduce a "fixed tax regime" for retailers.

Sources said SpaceX (SPCX.O) has informed banks handling its $75 billion IPO that it will use an offer price of $135 a share, disclosed in a revised filing on Wednesday. The move indicates founder Elon Musk’s intent to control pricing for what would be the largest IPO on record, though sources cautioned the price could change before trading begins. SpaceX began its roadshow on Thursday; underwriters will collect investor feedback and typically set the final price at a pre-listing meeting. Sources described demand as extremely strong. The company expects shares to start trading on June 12.

The State Council General Office issued guidance to strengthen supervision and risk prevention and to promote the high-quality development of Chinese private investment funds.