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global economy

Economic outlook has ‘darkened’, business and government leaders warn

DAVOS: Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos...

Published 24 May, 2022 06:43am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Markets

Copper tumbles to 7-month low as slowdown fears rock markets

LONDON: Copper prices tumbled below $9,000 a tonne on Thursday for the first time since October and most other...

Published 13 May, 2022 05:59am

Editorials

Covid’s grim toll

EDITORIAL: A report by the World Health Organisation (WHO), which claims that the actual number of deaths from...

Published 13 May, 2022 05:59am

World

Putin says West is triggering a global economic crisis

President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous...

Published 12 May, 2022 06:00pm

Business & Finance

Australia, NZ dollars hit two-year trough as markets teeter

SYDNEY: The Australian and New Zealand dollars sank to two-year lows on Tuesday as a rout in global equities shook...

Published 11 May, 2022 04:58am

Opinion

Rising inflation and remedial actions

The evolving global and local geopolitical landscape is posing serious economic challenges for the new government in...

Published 06 May, 2022 05:03am

Markets

FTSE 100 up 0.5pc

LONDON: London’s FTSE 100 rose on Friday, driven by miners and strong quarterly earnings, with investors now...

Published 30 Apr, 2022 05:53am

Business & Finance

Sterling falls to 21-month low vs dollar

LONDON: Sterling held near its lowest levels since 2020 on Tuesday against a broadly firm dollar, with worries about...

Published 27 Apr, 2022 05:19am

Ukraine: World lenders see widespread economic fallout

LONDON: The International Monetary Fund, World Bank and other top global lenders warned Friday of “extensive”...

Published 19 Mar, 2022 04:42am

US issues warning to China

WASHINGTON: US National Security Adviser Jake Sullivan, who is due to meet with China’s top diplomat Yang Jiechi ...

Updated 14 Mar, 2022 03:52pm

Editorials

Avoiding stagflation in 2022

EDITORIAL: While French Economy Minister Bruno Le Marie’s warning that the Russian invasion of Ukraine is pushing...

Published 12 Mar, 2022 04:08am

Markets

Energy conference kicks off as Ukraine conflict puts oil market in turmoil

HOUSTON: The world’s biggest gathering of energy industry leaders kicked off in Houston Monday, as Russia’s...

Published 08 Mar, 2022 05:15am

World

IMF says war in Ukraine will have 'severe impact' on global economy

WASHINGTON: The International Monetary Fund on Saturday said it expected to bring Ukraine's request for $1.4 billion...

Published 05 Mar, 2022 10:05pm

Opinion

Ukraine war complicates Fed’s inflation fighting effort

The uncertainty created by Russia’s invasion of Ukraine and its impact on the global economy is piling more...

Published 28 Feb, 2022 06:44am

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

Russia takes lead at UN in crises around the world

UNITED NATIONS: Russia has a stake in crises around the world from Ukraine to Syria, Sudan and Mali -- and that is...

Published 03 Feb, 2022 11:34am

Opinion

Baptism by fire awaits today’s rate-hike rookies

Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid...

Published 26 Jan, 2022 04:42am

IMF slashes global growth outlook

WASHINGTON: The International Monetary Fund lowered its economic forecasts for the United States, China and the...

Updated 26 Jan, 2022 09:22am

Markets

Libya oil, gas exports hit 5-year high of $21.5bn

TRIPOLI: Libya’s lifeline oil and gas exports raised revenues of more than $21.5 billion in 2021, the highest ...

Published 16 Jan, 2022 04:17am

Editorials

‘Hard landing’ for poorer nations

EDITORIAL: The World Bank clearly doesn’t feel that the global economy is ready to shake off the effects of the...

Updated 15 Jan, 2022 10:30am

OECD cuts world growth forecast

PARIS: The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it...

Updated 02 Dec, 2021 09:37am

Cost of starting business: Global index puts Pakistan at 101st place

The global economy.com in its report states that the average for 2019 based on 186 countries was 19.78 percent of per capita GNI

Updated 28 Nov, 2021 10:03am

Opinion

Pakistan and the global economy

The long-term effects of nearly two years of Covid-19 on the global economy have begun to unfold, biting ...

Published 23 Oct, 2021 04:01am

Business & Finance

US company results in industrial, materials sectors could shed light on inflation woes

NEW YORK: Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key...

Published 21 Oct, 2021 11:40am

IMF board meets for more talks on Georgieva's future

WASHINGTON: The International Monetary Fund's executive board will meet again on Sunday with Managing Director...

Updated 11 Oct, 2021 09:35am

World

Minimum tax rate of 15%: Milestone global corporate tax deal finally gets agreement

Out of the 140 countries involved, 136 supported the deal with developing countries Kenya, Nigeria, Pakistan and Sri Lanka abstaining for now

Updated 08 Oct, 2021 10:44pm

World

Evergrande's rising default risks shift focus to possible Beijing rescue

HONG KONG/NEW YORK: Persistent default fears eclipsed efforts by China Evergrande Group's chairman to lift ...

Published 22 Sep, 2021 03:48am

Markets

Most Gulf bourses decline as lower oil prices weigh

DUBAI: Dubai led declines among stock markets in the Gulf on Monday, as sentiment was weighed by a fall in global...

Published 21 Sep, 2021 04:10am

Markets

TSX falls for second day as 'growth scare' evolves

TORONTO: Canada's main stock index on Wednesday extended its pull back from a record high, with resource shares ...

Published 09 Sep, 2021 01:31am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

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