EU proposes power market revamp to blunt price spikes BRUSSELS: The European Commission proposed a revamp of Europe’s electricity market rules on Tuesday, to try to... Published 20 Mar, 2023 06:12am
World Italy may have staved off recession, economy minister says ROME: Italy seems to have avoided an economic recession despite being hit by costly energy prices and record high... Published 06 Mar, 2023 11:14pm
Business & Finance UAE’s GDP grew 7.6pc in 2022, official says ABU DHABI: The United Arab Emirates’ economy expanded 7.6% last year, a senior official said on Thursday, about... Published 06 Mar, 2023 07:40am
Print MoF says inflation likely to remain high in coming months ISLAMABAD: Inflation is expected to remain high in the coming months around 28 to 30 percent consequent to uncertain... Updated 01 Mar, 2023 09:06am
Opinion Progressive fiscal policy The Managing Director, Kristalina Georgieva, of the IMF (International Monetary Fund) has said recently in the... Published 28 Feb, 2023 06:15am
Markets Use of energy witnesses increase of 9pc in 2022: Speakers ISLAMABAD: Speakers at a seminar have observed that the use of energy in Pakistan has witnessed an increase of nine... Published 25 Feb, 2023 06:23am
Business & Finance KP-TMA assails sharp hike in energy prices PESHAWAR: Khyber Pakhtunkhwa Textile Mills Association (KP-TMA) has expressed concern over manifold increase in... Published 20 Feb, 2023 06:26am
Opinion Price falls, red tape curb demand from businesses for German energy subsidy Take-up by German companies of a government scheme to help with energy costs this winter is likely to be lower than... Published 11 Feb, 2023 05:57am
Opinion Letter to a Comrade Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ... Updated 07 Feb, 2023 02:20pm
Opinion Lethargic economic management About 84% of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022.... Published 03 Feb, 2023 06:17am
Business & Finance Record Shell profit on soaring energy prices sparks outrage LONDON: British energy giant Shell on Thursday unveiled record annual net profit of $42.3 billion thanks to surging... Published 03 Feb, 2023 06:17am
Opinion Economy: it has only gotten worse Like ‘Shehbaz speed’, finance minister Ishaq Dar’s bubble has been burst as well. The ‘Dar magic’ was as... Updated 30 Jan, 2023 07:00am
BR Research Telecom FDI: painting red The disappointing run in the telecommunications industry’s foreign direct investment (FDI) continues. Latest data... Published 24 Jan, 2023 09:54am
Opinion Outlook 2023 After a very disappointing and disorderly year end, the global market is probably heading for another difficult... Published 03 Jan, 2023 03:25am
World Germany’s finance minister sees 2023 inflation at 7pc BERLIN: Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7% this year and to... Published 02 Jan, 2023 06:35am
Opinion 2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has... Updated 30 Dec, 2022 06:28am
Business & Finance Exxon sues EU in move to block new windfall tax on oil companies NEW YORK: US oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new... Updated 30 Dec, 2022 08:42am
Editorials Tougher times likely ahead for markets EDITORIAL: Yesterday, S&P Global cut Pakistan’s long-term sovereign rating by one notch to “CCC+” from “B”. The... Published 23 Dec, 2022 05:54am
Business & Finance UK inflation slows, remains close to 11 percent LONDON: British inflation slowed more than expected in November but remained near the highest level in more than 40... Published 15 Dec, 2022 07:40am
Business & Finance November CPI likely to decline marginally ISLAMABAD: Pakistan’s November CPI is expected to decline marginally and may remain in the range of 23 percent to... Updated 30 Nov, 2022 12:50pm
Markets Palm hits 18-day closing high KUALA LUMPUR: Malaysian palm oil futures climbed for a second straight session on Tuesday, hitting their highest... Published 30 Nov, 2022 05:53am
Editorials Deep anxiety pervades Pakistan EDITORIAL: Businesses are not happy. Growing economic and political uncertainty is causing an adverse impact on... Published 07 Nov, 2022 05:48am
Opinion Energy market turmoil shakes Europe’s green power plan Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and... Updated 04 Nov, 2022 06:35am
Opinion Behind facade of unity, Franco-German relations falter as crises mount When Germany unveiled a 200 billion euro ($200 billion) package to shield its industry and consumers from soaring... Published 27 Oct, 2022 05:54am
Business & Finance ECB again eyes jumbo rate hike to ‘tame inflation beast’ FRANKFURT: The European Central Bank is expected to set aside recession worries and deliver another jumbo interest... Published 25 Oct, 2022 05:51am
World EU agrees ‘roadmap’ to contain energy prices BRUSSELS: EU leaders on Friday reached agreement on a “roadmap” aimed at putting in place measures within weeks to... Published 21 Oct, 2022 10:06am
World EU leaders struggle for common ground on energy prices BRUSSELS: EU leaders will debate how to handle Europe’s energy shock Thursday, with capitals at loggerheads over... Published 20 Oct, 2022 09:57am
World EU proposes energy measures BRUSSELS: The European Commission proposed another set of emergency measures on Tuesday to tackle high energy ... Published 19 Oct, 2022 05:54am
Opinion Energy prices: industry begins to buckle? The World Bank’s latest Pakistan Development Update released in October 2022 highlights the rapid rise in ... Updated 19 Oct, 2022 06:26am
World Germany forecasts recession, soaring inflation in 2023 FRANKFURT: Germany’s output will contract 0.4 percent next year and inflation is expected to hit seven percent, ... Published 13 Oct, 2022 05:59am