Russia risks cloud outlook for Central Asia, Caucasus: IMF ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face... Published 15 May, 2023 07:26am
World UK’s Hunt says ‘absolutely devastating’ if US failed to raise debt ceiling NIIGATA: British finance minister Jeremy Hunt said on Saturday it would be “absolutely devastating” if the United... Published 13 May, 2023 01:03pm
World G7 agreed global financial system resilient but needs vigilance, Japan Finance ministers says NIIGATA: Finance ministers and central banks from the Group of Seven rich nations agreed the global financial system... Published 13 May, 2023 12:49pm
Business & Finance G7 to vow diversifying of supply chains, filling bank regulatory gaps Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme to... Published 13 May, 2023 10:22am
World G7 finance chiefs warn of global uncertainty as US debt crisis looms NIIGATA: Finance leaders of the Group of Seven (G7) rich nations warned of heightening global economic uncertainty... Published 13 May, 2023 10:06am
World Russia risks cloud outlook for Central Asia, Caucasus: IMF ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face of... Published 11 May, 2023 03:04pm
World Yellen warns US default would threaten global economy, undermine US leadership NIIGATA: US Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt... Published 11 May, 2023 01:40pm
Opinion Global crackdown on corruption? The powerful banking network, real estate market and businesses of the flourishing economies of the west have long... Updated 06 May, 2023 07:00am
Editorials Death rattle of a global order? EDITORIAL: The market has clearly rejected the rhetoric that problems at SVB (Silicon Valley Bank), Signature Bank... Published 06 May, 2023 06:23am
Business & Finance Correction needed in Pakistan startups’ business model: Rider CEO Salman Allana Company founder says offering discounts means you are not confident that your product is solving a real problem Updated 05 May, 2023 07:07pm
Markets Asian finance leaders look to improve market safeguards INCHEON: Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding... Published 02 May, 2023 09:42am
Business & Finance Global consumer giants’ bottom lines boosted by price hikes - but will the spending last? NEW YORK: Major global consumer-facing companies like McDonald’s, General Motors and Nestle posted steady... Published 02 May, 2023 05:59am
Pakistan Govt will have to save Pakistan from default for next two years: Miftah Ismail Former finance minister says Pakistan will need to enter another IMF programme Updated 29 Apr, 2023 08:24pm
Business & Finance Vietnam’s exports down 17%, factory output up 0.5% in April HANOI: Vietnam’s export fell in April while industrial output rose modestly in the month from a year earlier, the... Published 29 Apr, 2023 09:58am
World IMF welcomes EU proposals to revamp spending rules STOCKHOLM: The International Monetary Fund on Friday welcomed the EU’s proposals to overhaul its fiscal rules to... Published 28 Apr, 2023 04:43pm
Opinion Shock therapy neoliberal market reform in Pakistan One can only be shocked to see the lack of understanding by local media, and many of their guests on TV shows... Updated 28 Apr, 2023 06:28am
Business & Finance Debt assessments should reflect growing share of domestic debt: World Bank WASHINGTON: Debt sustainability analyses carried out by the World Bank and International Monetary Fund should... Updated 27 Apr, 2023 09:02am
Editorials Closing the agri gender gap EDITORIAL: How strange that agriculture – perhaps the oldest profession and the reason mankind developed cities,... Updated 21 Apr, 2023 06:49am
Business & Finance Citigroup hikes 2023 global growth forecast, sees US recession only in Q4 Citigroup raised its 2023 global economic growth forecast to 2.4%, citing “solid” performance in the United States,... Published 19 Apr, 2023 05:28pm
Opinion Remittances: boon or bane for growth?–I Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a... Published 19 Apr, 2023 06:36am
Opinion Debt – a source of rising concern During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ... Published 17 Apr, 2023 06:41am
Opinion A retarding economic growth outlook: IMF and ‘Chicago boys’ in a fix ‘The International Monetary Fund warned that its outlook for global economic growth over the next five years is ... Updated 14 Apr, 2023 07:10am
Print World would gain $1trn by closing agri gender gap: UN PARIS: Closing the gender gap in the agriculture and food system, where women still earn less than men, would add $1... Published 14 Apr, 2023 05:59am
World IMF chief says global economy mired in weak growth, sticky inflation WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the global... Published 13 Apr, 2023 10:02pm
Editorials Desperate wake-up call EDITORIAL: A report by the Boston University Global Development Policy Centre about the extreme debt burden on... Published 12 Apr, 2023 06:11am
Print IMF drastically cuts Pakistan’s FY23 growth forecast to 0.5pc Projects rise in inflation from 19.9 percent to 27.1 and unemployment from 6.2 percent to 7 percent Updated 12 Apr, 2023 01:04pm
World IMF warns deeper financial turmoil would slam global growth In World Economic Outlook report, it is now forecasting global real GDP growth at 2.8% for 2023 and 3.0% for 2024, marking a sharp slowdown from 3.4% growth in 2022 due to tighter monetary policy Published 11 Apr, 2023 08:47pm
World IMF trims India’s growth forecast to 5.9% for current fiscal year NEW DELHI: The International Monetary Fund (IMF) said on Tuesday that it expects India’s economy to grow 5.9% in the... Published 11 Apr, 2023 07:48pm
World World Bank chief raises 2023 global growth outlook slightly, eyes debt progress WASHINGTON: World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global... Updated 10 Apr, 2023 09:54pm
Print Half a trillion in debt haircuts essential for sustainability: study LONDON: Up to half a trillion dollars in debt needs to be written off to help developing nations at greatest risk of... Updated 07 Apr, 2023 08:50am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?