Trends - G20 - Business Recorder

G20

The IMF surcharge is unfair

Pakistan is one of 14 countries adversely affected by the International Monetary Fund (IMF) loans which trigger...

Published 16 May, 2022 05:42am

Business & Finance

Asian economic powers warn of risks from war, monetary policy normalisation

TOKYO: East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain...

Published 12 May, 2022 02:56pm

World

Canada says G20 cannot function with Russia at the table

WASHINGTON: Canada’s Finance Minister Chrystia Freeland on Friday said that it was impossible to collaborate with...

Published 22 Apr, 2022 08:41pm

Yellen, Bailey, others walk out of G20 meeting as Russians speak

WASHINGTON/LONDON: Top finance officials from Britain, the United States and Canada walked out of Wednesday’s...

Published 21 Apr, 2022 05:26am

World

US announces global Covid summit May 12

WASHINGTON: A global summit to chart an end to the Covid-19 crisis and plan for future upheavals will occur May 12,...

Published 19 Apr, 2022 06:04am

World

Russian finance minister to attend G20 meeting virtually

JAKARTA: G20 host Indonesia said on Thursday that Russian Finance Minister Anton Siluanov has confirmed he planned ...

Published 15 Apr, 2022 05:30am

World

Russia, China water down G20 text on geopolitical tensions

JAKARTA/WASHINGTON: A contentious meeting of Group of 20 finance leaders ended with Russia and China watering down...

Published 19 Feb, 2022 04:15am

World

World Bank chief concerned that G20 finance ministers not taking steps to deal with debt overhang

WASHINGTON: World Bank Group President David Malpass said on Friday that he does not believe G20 finance ministers...

Published 18 Feb, 2022 09:01pm

World

China needs to be ‘more active’ in G20 debt relief effort: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said China needs to do more to accelerate global efforts to provide...

Published 18 Feb, 2022 04:31am

World

G20 must push relief to avoid debt crises: experts, campaigners

JOHANNESBURG/LONDON: Wealthy nations must improve their floundering flagship debt relief initiative or face a spate...

Published 17 Feb, 2022 11:14am

World

IMF chief urges G20 to move faster on debt relief

We estimate that about 60 percent of low-income countries are in or at high risk of debt distress, double 2015 levels, says Georgieva

Published 16 Feb, 2022 08:25pm

Business & Finance

World Bank economist warns of dangers of ignoring growing debt

WASHINGTON: Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the...

Published 15 Feb, 2022 06:12pm

World

IMF says wants G20 support to strengthen debt restructuring framework

WASHINGTON: The International Monetary Fund said on Thursday it is hoping that G20 finance leaders next week can...

Published 10 Feb, 2022 10:11pm

World

IMF's Gopinath says 'lot more' work needed to help countries reduce debt levels

WASHINGTON: The Group of 20 countries need to step up their efforts to help low-income countries deal with high...

Published 25 Jan, 2022 08:43pm

World

Putin heads to India with eye on military, energy ties

NEW DELHI: Russian President Vladimir Putin arrived in India on Monday for just his second overseas trip since the...

Updated 06 Dec, 2021 06:03pm

Group of 67 nations in WTO agree to cut red tape in services trade

GENEVA: Sixty-seven World Trade Organization members agreed on Thursday to pare back regulations such as licensing...

Published 03 Dec, 2021 04:31am

World

IMF warns of 'economic collapse in some countries' unless G20 extends debt relief

G20 Debt Service Suspension Initiative (DSSI) expires at the end of the year

Updated 02 Dec, 2021 10:05pm

World

G20 only a few billion short of $100bn climate pledge: Yellen

DUBLIN: US Treasury Secretary Janet Yellen said the Group of 20 rich nations was just "a few billion dollars short"...

Published 02 Nov, 2021 05:20am

Deliver on promises, developing world tells rich

GLASGOW: A crucial UN conference heard calls on its first day for the world's major economies to stick to promises ...

Updated 02 Nov, 2021 09:43am

G20 offers little new on climate

ROME: Leaders of the Group of 20 major economies agreed on a final statement on Sunday that urged "meaningful and...

Updated 01 Nov, 2021 09:35am

World

Bidens attend Mass in Rome

ROME: Joe Biden and his wife Jill attended Mass on Saturday evening in the American church of Rome, a day after the...

Published 31 Oct, 2021 04:05am

World

Thousands demonstrate in Rome as G20 discuss climate

ROME: Thousands of people marched in Rome on Saturday during the summit of the leaders of the Group of 20 major...

Published 31 Oct, 2021 04:05am

G20 leaders approve global tax but wrangle over climate

ROME: Leaders of the G20 world’s major economies approved a global minimum tax on the largest companies on...

Published 31 Oct, 2021 03:38am

World

Rich nations sound climate alarm as calls for action grow

ROME: Leaders of the 20 richest countries will acknowledge the existential threat of climate change and will take...

Published 30 Oct, 2021 04:37am

World

UN urges G20 to ensure finance sector's climate pledges are solid

LONDON: The United Nations called on Wednesday for the world's biggest economies to ensure net zero commitments made...

Published 27 Oct, 2021 10:58am

World

G20 split over coal, 1.5 degree climate limit ahead of Rome summit

ROME: The Group of 20 rich countries are divided over phasing out coal and committing to limit global warming to 1.5...

Updated 21 Oct, 2021 01:03pm

World

Turkey set to receive 3.1bn euro loans to help Paris climate goals

ANKARA: Turkey is set to receive loans worth 3.1 billion euros to help it meet clean energy goals set out in the...

Published 15 Oct, 2021 04:08am

IMF, G20 fret over supply chain bottlenecks, inflation fears

WASHINGTON: Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate...

Updated 15 Oct, 2021 09:25am

World

G20 backs IMF chief's new trust to reach broader range of countries in need

WASHINGTON: IMF chief Kristalina Georgieva on Wednesday won the endorsement of the Group of 20 major economies for a...

Published 14 Oct, 2021 12:09pm

World

G20 finance chiefs back tax deal, pledge to sustain recovery, watch inflation

WASHINGTON: Finance leaders from the G20 major economies on Wednesday endorsed a global deal to revamp corporate...

Published 14 Oct, 2021 04:14am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 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	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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