European, US stocks rise despite latest inflation data NEW YORK: Despite fresh data showing the persistence of inflation, European stocks advanced following a... Published 01 Aug, 2022 05:54am
Markets Saudi GDP climbs nearly 12pc in 2nd quarter on oil gains RIYADH: Saudi Arabia’s year-on-year economic growth hit nearly 12 percent for the second quarter, led by a surging... Published 01 Aug, 2022 05:54am
Business & Finance Automobile sector’s growth: Need for removing roadblocks stressed LAHORE: Secretary Industries and Commerce Dr Ahmed Javed Qazi has said that the automobile industry has a key... Published 01 Aug, 2022 05:54am
Business & Finance Saudi GDP grows 11.8% year/year in Q2 DUBAI: Saudi Arabia's gross domestic product rose by 11.8% in the second quarter compared with the same period in... Updated 31 Jul, 2022 03:19pm
BR Research Current account: Stay vigilant Current account deficit stood at $17.5 billion (4.6% of GDP) in the financial year 2021-22. Overall economic pie has... Updated 29 Jul, 2022 12:13pm
Markets Wall Street drops as shrinking economy brings recession closer NEW YORK: US stock indexes fell on Thursday weighed down by gloomy forecasts from Meta and Qualcomm, while an early... Published 29 Jul, 2022 06:14am
Markets STOXX 600 ends earnings-heavy day LONDON: Europe’s STOXX 600 index closed near a seven-week high on Thursday, boosted by a slew of upbeat earnings... Published 29 Jul, 2022 06:14am
Business & Finance Dollar pares gains as US growth contracts for second quarter NEW YORK: The dollar pared gains on Thursday after data showed that the US economy contracted again in the second... Published 29 Jul, 2022 06:14am
BR Research FDI in FY22 FY22 has been roller coaster ride not only politically but also economically for the country. For foreign direct... Published 25 Jul, 2022 09:33am
Markets Draghi’s turmoil revives Italy debt crisis fears MILAN: In a big case of Italian deja vu, political turmoil and the ECB’s rate hike have reignited fears of a debt... Published 18 Jul, 2022 12:03pm
Business & Finance Boeing sees 82pc growth in commercial air fleet through 2041 NEW YORK: The pandemic has not fundamentally altered the longterm growth outlook for commercial aviation, with an 82... Published 18 Jul, 2022 06:22am
Print IMF explains how country can realise its export potential Pakistan needs proactive policies – exchange rate flexibility, efficient allocation of resources, elimination of untargeted subsidies, and creating a conducive business environment, says Resident Representative Esther Perez Updated 07 Jul, 2022 11:11am
Opinion Exorbitant tax on formal sector to make the nation poorer The annual ritual of budget presentation was completed on June 29 with the passage of the Finance Act 2022 by the... Published 05 Jul, 2022 05:19am
Opinion The 2022-23 Annual Plan The Annual Plan for 2022-23 has been presented by the Planning Commission. This plan comes at a critical time when... Published 05 Jul, 2022 05:19am
Business & Finance Vietnam targets 7% GDP growth this year HANOI: Vietnam is aiming for economic growth of 7% this year, the country’s planning and investment minister said on... Published 04 Jul, 2022 10:26am
Pakistan FY 2022: Lahore School of Economics puts GDP growth at 4.05pc LAHORE: The Lahore School of Economics Modeling Lab’s macro model for the Pakistan economy estimates that GDP... Published 03 Jul, 2022 05:39am
Print Potential risks identified: Economic growth facing challenging situation: MoF ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal... Updated 30 Jun, 2022 09:52am
Business & Finance Supertax: HCCI criticises govt’s decision HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has strongly reacted to federal... Published 28 Jun, 2022 06:10am
Opinion A mini-budget or an annexure to budget? For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a... Updated 27 Jun, 2022 06:28am
Opinion Innovation-driven development strategy to build a strong China in science and technology Since the 18th National Congress of the Communist Party of China (CPC), the CPC Central Committee with Comrade Xi... Published 23 Jun, 2022 06:05am
Business & Finance UAE state firms plan $30bn in purchase deals for local manufacturers DUBAI: State firms in the United Arab Emirates will allocate 110 billion dirhams ($30 bn) in potential purchase... Published 21 Jun, 2022 12:59pm
Opinion A constrained budget The federal budget of 2022-23 has been presented in a difficult and uncertain economic and political environment in... Published 21 Jun, 2022 05:51am
Opinion Blame game, once again A successor government blaming its predecessor government for all the ills is nothing new. Therefore, Pakistan ... Published 18 Jun, 2022 06:00am
Opinion Apply the new development philosophy for high-quality development (— First part of the “China in the past decade” series) The past decade since the 18th National Congress of ... Published 17 Jun, 2022 06:37am
Markets Deadly heatwaves threaten economies too PARIS: More frequent and intense heatwaves are the most deadly form of extreme weather made worse by global warming,... Published 15 Jun, 2022 10:58pm
Opinion Outlook for inflation The multilateral agencies, World Bank, and the IMF, have recently updated their projections of the rate of inflation... Published 14 Jun, 2022 05:56am
Business & Finance UK slowdown fears mount as GDP unexpectedly shrinks in April LONDON: Britain’s economy unexpectedly shrank in April, official figures showed on Monday, adding to fears of a... Updated 13 Jun, 2022 02:59pm
Opinion A directionless budget The budget is built on expectations and assumptions (prayers) of global commodities to move out of the super cycle ... Published 13 Jun, 2022 06:19am
BR Research Development budget: middle ground? Caught between the need for fiscal austerity and the demands of an election-cycle fast approaching, the PML-N-led... Published 13 Jun, 2022 06:07am
Opinion Budget: initial impression Initial impression suggests that the budget is a mix of austerity and election year spending. The thought process... Published 11 Jun, 2022 06:41am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?