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Coronavirus sinks U.S. consumer spending; savings hit record high

 Together with the news that monthly exports collapsed, the report left economists anticipating the largest contract

Published 30 May, 2020 05:30am

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Japan's jobless rate rises to 2.6% in April: government

 The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of In

Published 29 May, 2020 06:43am

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India's economy seen slowing rapidly in March quarter, with worse to come

 Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

Published 29 May, 2020 05:33am

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Japan's factory, retail sectors slump as pandemic hits auto sector

 That was a much larger decline than the 5.1% drop in a Reuters forecast.

TOKYO: Japan’s factory output sl

Published 29 May, 2020 05:26am

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Slump in consumption, exports push Germany into recession in first quarter

 The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1

Published 25 May, 2020 10:55am

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Tesla’s China car registrations plunge 64% month-on-month in April

Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. U.S. el

Published 19 May, 2020 07:51am

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Japan braces for worst postwar slump as economy tips into recession

Analysts warn of an even bleaker picture for the current quarter as consumption crumbled after the government in Ap

Published 18 May, 2020 05:52am

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US reports record $738 billion budget deficit in April

The fiscal year-to-date deficit surged to $1.48 trillion compared to a $531 billion deficit in the comparable perio

Published 13 May, 2020 10:06am

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China's factory deflation deepens as pandemic hits demand

Data released last week showed China’s exports unexpectedly grew in April from a year earlier, although a sharper-t

Published 12 May, 2020 05:39am

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Coronavirus pandemic sets Japan on course for deep recession

Household spending slumped 6.0% in March from a year earlier following a 0.3% fall in February, marking the biggest

Published 09 May, 2020 10:15pm

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India may see 0% GDP growth this fiscal year: Moody's

In November, Moody’s cut the outlook on India’s sovereign rating of Baa2 to “negative” from “stable” due to a slowd

Published 08 May, 2020 10:48am

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Great Depression-like U.S. job losses, unemployment rate expected in April

The Labor Department’s monthly employment report on Friday is also expected to show the jobless rate surging to at

Published 08 May, 2020 05:39am

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China's April trade surplus with US widens to $22.87 billion

For the first four months of the year, China’s trade surplus with the United States totalled $63.68 billion.

Published 07 May, 2020 11:20am

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UAE non-oil private sector hits second consecutive record low: PMI

The output and new export orders sub-indices fell sharply, both falling to record lows since the survey began in Au

Published 05 May, 2020 07:30am

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Indonesia first-quarter GDP growth slumps to weakest since 2001

The coronavirus crisis has taken a toll on consumption - the main driver of the economy - investment, tourism and i

Published 05 May, 2020 07:20am

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Hong Kong's economy shrunk by record 8.9pc in the first quarter of 2020

The economy shrank by a seasonally adjusted 5.3% in January-March from the previous quarter, versus a revised 0.5%

Published 04 May, 2020 09:31am

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Coronavirus hit Italy economy plunges 4.7pc, as Eurozone witness worst decline

Italy’s latest decline was the biggest since 1995, the national statistics bureau ISTAT reported. One of

Published 30 Apr, 2020 10:55am

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Eurozone economy shrinks by record 3.8pc, inflation drops sharply

According to Eurostat economic output in the 19 countries sharing the euro in January-March was 3.8% smaller than i

Published 30 Apr, 2020 09:57am

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Australia's first-quarter inflation hits 5-1/2-year high

The headline consumer price index (CPI) rose 0.3% in the first quarter, from the previous quarter, lifting annual i

Published 29 Apr, 2020 07:32am

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US deficit could quadruple to $3.7 trillion in coronavirus crisis

US gross domestic product will plunge by nearly 40% on an annualized basis in the second quarter. The federal

Published 25 Apr, 2020 05:12am

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Japan's economic stimulus to boost real GDP by 4.4pc

Japan has boosted its new economic stimulus package to a record $1.1 trillion to expand cash payouts to its citizen

Published 24 Apr, 2020 06:00am

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Record US jobless claims wipe out post-Great Recession employment gains

President Donald Trump, who is seeking a second term in the White House in November’s general election, has been an

Published 23 Apr, 2020 10:55am

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South Korea set to post largest GDP contraction since 2008

This would be the worst contraction since a 3.3% drop in the final quarter of 2008, and the first since the Sino-U.

Published 21 Apr, 2020 07:00am

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Japan exports slump as coronavirus hits U.S., Chinese demand

Ministry of Finance data showed Japanese exports fell 11.7% in the year to March, compared with a 10.1% decrease ex

Published 20 Apr, 2020 06:15am

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UK finance minister says GDP may fall by up to 30pc amid virus crisis: paper

Sunak discussed the possibility of a 25% to 30% fall in GDP in the second quarter, the newspaper reported.

Published 13 Apr, 2020 06:45am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	128.12
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.24
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3900.79
India Sensex / May 20	52792.23
Tokyo Nikkei / May 20	26673.91
Nasdaq / May 20	11388.50
Hang Seng / May 20	20581.03
FTSE 100 / May 20	7302.74
Dow Jones / May 20	31253.13
Germany DAX 30 / May 20	13882.30
France CAC40 / May 20	6272.71

Item	Value
Crude Oil / May 20	112.00
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	113300.00
Gold Spot / May 20	1838.55
Cotton / May 20	128.58

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