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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,761
824hr
Pakistan Cases
1,286,453
43124hr
0.98% positivity
Sindh
476,494
Punjab
443,379
Balochistan
33,491
Islamabad
107,848
KPK
180,254

global commodity prices

Tokyo rubber futures down
Markets

Tokyo rubber futures down

TOKYO: Japanese rubber futures gave up early gains to end lower on Friday, snapping a four-session rally which was...
Published 08 May, 2021 03:30am
India's top carmaker Maruti Suzuki sees demand improve amid virus resurgence
Business & Finance

India's top carmaker Maruti Suzuki sees demand improve amid virus resurgence

  • Still, Maruti's fourth-quarter results took a hit due to rising commodity prices and supply chain disruptions, with its EBITDA margin slipping to 8.3% in the March quarter and falling short of analysts' estimate of 9.1%, according to Refinitiv data.
  • With this second wave the demand for personal transport will, if anything, strengthen, not weaken. More and more people will want to have their personal transport.
Published 27 Apr, 2021 06:34pm
World Bank expects commodity prices to stay firm on economic growth
Markets

World Bank expects commodity prices to stay firm on economic growth

  • Energy prices are expected to average more than one-third higher this year than 2020, with oil averaging $56 a barrel, it said. Prices should rise to $60 a barrel in 2022, "broadly in line with their 2017-19 average."
  • "Emerging market and developing economies, both commodity exporters and importers, should strengthen their short-term resilience and prepare for the possibility of growth losing momentum."
Published 20 Apr, 2021 07:57pm
Brazil's 2021 inflation seen at 4.0pc, next year's rate outlook also rises: survey
World

Brazil's 2021 inflation seen at 4.0pc, next year's rate outlook also rises: survey

  • The average forecast for IPCA consumer price inflation at the end of this year rose from 3.9% a week ago, according to the latest weekly "FOCUS" survey of over 100 economists, rising further above the central bank's official goal of 3.75%.
  • A persistently weak exchange rate, strong global commodity prices and growing concerns over the government's fiscal position are all pushing inflation expectations higher.
Updated 08 Mar, 2021 10:19pm