Immovable fixed asset valuation and equity formation We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ... Published 21 Sep, 2023 07:02am
Business & Finance OECD sees ‘sub-par’ growth as high rates bite PARIS: The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as... Published 20 Sep, 2023 06:28am
Business & Finance Global debt hits record $307trn NEW YORK: Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates... Published 20 Sep, 2023 06:28am
Business & Finance WTO warns of ‘first signs’ of trade de-globalisation GENEVA: The de-globalisation of international trade is far from being a reality, but “the first signs of... Published 18 Sep, 2023 06:32am
World G77+China summit in Cuba calls for new global order HAVANA: The G77+China, a group of developing and emerging countries representing 80 percent of the world’s... Updated 17 Sep, 2023 06:53am
World IMF says global debt fell as share of GDP in 2022, may resume rising trend WASHINGTON: The International Monetary Fund on Wednesday said that the global debt as a share of economic output... Published 13 Sep, 2023 06:09pm
Business & Finance Investors optimistic on global growth but China real estate top worry: BofA survey LONDON: China’s real estate sector is the most likely source of a global systemic credit event, according to Bank of... Published 12 Sep, 2023 05:06pm
Business & Finance Global business activity showed signs of slowdown in August LONDON: Global business activity largely slowed further last month as services firms struggled in the face of weak... Published 11 Sep, 2023 06:32am
World G20 gathers in India with Xi absent NEW DELHI: G20 leaders began to descend on New Delhi Friday, hoping to make progress on trade, climate and a host of... Published 08 Sep, 2023 06:20pm
World Invasive species costs global economy $423bn per year: UN report LONDON: Fishing grounds choked by water hyacinths. Songbird eggs gobbled up by rats. Power plant pipes clogged by... Published 04 Sep, 2023 05:53pm
Business & Finance Japan’s July factory output slumps TOKYO: Japan’s factory output fell more than expected in July, signalling a rocky start to the second half of the... Published 04 Sep, 2023 06:21am
World Yellen to attend India G20 summit, focus on economy, climate, Ukraine: US Treasury WASHINGTON: US Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit ... Published 01 Sep, 2023 03:57am
Business & Finance Global dividends hit record $568bn in second quarter PARIS: Dividends paid by the world’s biggest listed companies soared to a record $568.1 billion in the second... Published 31 Aug, 2023 06:00am
Business & Finance Global economic transformation risks fuelling inflation: Lagarde JACKSON HOLE (Wyoming): Profound changes in how the global economy operates, from increased protectionism to energy... Published 28 Aug, 2023 06:27am
Business & Finance Dollar hits more than one-month high on China fears WASHINGTON/LONDON: The US dollar hit more than a one-month high on Monday as investors sought a safe haven due to... Published 15 Aug, 2023 06:30am
Business & Finance Asia’s factory activity shrinks as China’s slump, global slowdown weigh TOKYO: Asia’s factory activity shrank in July, private surveys showed on Tuesday, a sign slowing global growth and... Published 07 Aug, 2023 07:35am
Opinion BRICS: a new future in the offing After World War II, several bilateral and multilateral agencies (IMF, WB, ADB, WTO, WHO, Paris Club, etc.) were... Published 31 Jul, 2023 06:43am
World Yellen says Ukraine aid best boost for global economy GANDHINAGAR: Redoubling support for war-stricken Ukraine is the “single best” way to aid the global economy, US... Updated 16 Jul, 2023 01:50pm
World G7 finance chiefs to discuss Ukraine aid, debt and tax GANDHINAGAR: G7 finance chiefs are set to discuss Sunday aid to war-stricken Ukraine, debt distress faced by... Published 16 Jul, 2023 11:15am
Opinion Improving foreign investment climate ‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per... Published 14 Jul, 2023 06:55am
Business & Finance IMF sees ‘pockets of resilience,’ slowing momentum in global economy WASHINGTON: The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced... Updated 14 Jul, 2023 07:05am
Opinion The BRICS’s creeping ‘gold currency’ It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious ... Updated 13 Jul, 2023 05:15am
World With 735mn people hungry, UN says world is ‘off track’ to meet its 2030 goal About 735 million people worldwide faced chronic hunger in 2022, a figure much higher than before the COVID-19... Published 12 Jul, 2023 07:18pm
World NATO to give ‘path’ for Ukraine to join, but no ‘timetable’: White House VILNIUS: NATO will lay out a path of reforms for Ukraine so that it can eventually join the alliance, but without... Published 11 Jul, 2023 12:12pm
World UK unemployment climbs as inflation weighs on economy LONDON: UK unemployment rose back to four percent in the three months to the end of May, official data showed... Published 11 Jul, 2023 12:02pm
Markets Oil steady HOUSTON: Oil prices were little changed on Monday in choppy trading as demand woes after weak economic data from top... Published 11 Jul, 2023 06:08am
Business & Finance OECD sees limited growth pick-up as rate hikes weigh PARIS: Global economic growth will pick up only moderately over the next year as the full effects of central bank... Published 08 Jun, 2023 06:30am
World World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook WASHINGTON: The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other major... Published 06 Jun, 2023 08:14pm
Print Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024 VIENNA: Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into... Updated 05 Jun, 2023 08:44am
World Economic development in Asia still faces many challenges, China minister says BEIJING: Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s... Published 27 May, 2023 10:21am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?