Trends - global financial crisis

global financial crisis

Managing public investment the mission-oriented way

Two renowned intellectuals – Greece’s former finance minister Yanis Varoufakis, and columnist for Guardian ...

Updated 24 Nov, 2023 06:37am

Opinion

Important global economic challenges

Decades of neoliberal assault of advocating greater market fundamentalism, and lesser government regulation produced...

Updated 20 Oct, 2023 06:33am

Opinion

World Bank needs to revisit its policy and lending focus

In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the...

Updated 06 Oct, 2023 09:56am

Business & Finance

Bank of England projects 100 billion pound loss for QE programme

LONDON: The Bank of England estimated on Friday that its quantitative easing programme would rack up a total...

Published 28 Apr, 2023 06:26pm

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

World

US lending slowed last month on banking concerns: Fed

WASHINGTON: Lending declined in many parts of the United States over recent weeks, the Federal Reserve announced...

Published 20 Apr, 2023 12:19am

World

US Fed warns of 'widespread' inflationary pressures

WASHINGTON: The Federal Reserve warned Wednesday that the United States still faces "widespread" inflationary...

Published 09 Mar, 2023 01:24am

BR Research

Caught in the crossfire?

While the government is getting considerable flak due to the long delay in IMF program revival and resulting...

Published 06 Mar, 2023 08:25am

Opinion

The darkness deepens

They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in...

Published 25 Jan, 2023 06:25am

Business & Finance

Most CEOs gloomy on growth in more than a decade: PwC survey

DAVOS: Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial...

Published 23 Jan, 2023 05:57am

Business & Finance

Yellen says a US default could cause global financial crisis

DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global...

Published 21 Jan, 2023 06:41am

Opinion

Gated UK property funds are open to further risk

UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout...

Published 12 Jan, 2023 06:26am

Opinion

IMF policy needs a serious rethink

The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy...

Published 16 Dec, 2022 05:58am

Opinion

Austerity and SDR allocation

The world is suffering from multiple crises — from strong inflationary headwinds to low growth — at the back of...

Published 21 Oct, 2022 05:57am

Business & Finance

Global Economy: Factory data dampen global ‘soft landing’ hopes

LONDON/TOKYO: Global factory growth stalled in June as higher prices and a darker economic outlook left consumers...

Published 01 Jul, 2022 07:18pm

World

World Bank’s Reinhart sees ‘long haul’ before any debt reductions for developing countries

MADRID: World Bank chief economist Carmen Reinhart said it could take many more years before the growing number of...

Published 29 Jun, 2022 07:01pm

Business & Finance

PIA reports revenue shortfall for 2021

KARACHI: The Pakistan International Airlines (PIA) has reported a revenue shortfall for 2021 as compared to 2020,...

Published 29 May, 2022 06:48am

Business & Finance

Fraying central bank consensus spurs dollar and market stress: McGeever

ORLANDO: The highest inflation in decades is unraveling whatever policy consensus there was between the world's ...

Published 04 May, 2022 11:18am

Opinion

The cost of IMF programme

Pakistan has been a prolonged user of International Monetary Fund (IMF) resources since the decade starting 1990,...

Published 29 Apr, 2022 05:43am

Opinion

‘Black swan’ LME nickel chaos shows regulators still missing market risks

Last month’s chaos in London Metal Exchange nickel trading has shone a light on the failure of a core reform from...

Published 14 Apr, 2022 04:55am

Opinion

How the world has changed—II

The above (carried in the first part of this two-part article) appears to paint a rather bleak picture of the future...

Published 31 Mar, 2022 05:11am

Business & Finance

Britain cedes control of bailed-out NatWest bank

LONDON: Britain announced Monday that it has ceded control of bailed-out bank giant NatWest, cutting its stake to...

Published 30 Mar, 2022 06:08am

Business & Finance

Russian default no longer ‘improbable’, but no trigger for financial crisis: IMF

WASHINGTON: Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but...

Published 14 Mar, 2022 07:22am

Business & Finance

Russian default no longer 'improbable', but no trigger for global financial crisis: IMF

WASHINGTON: Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but...

Published 13 Mar, 2022 10:01pm

Opinion

Pakistan should leave IMF programme

Pakistan should come out of the International Monetary Fund (IMF) programme, pursue active economic diplomacy, and...

Updated 22 Oct, 2021 04:54pm

Business & Finance

Bank of England targets 'failures' in banks' trading books

"The PRA considers this lack of capabilities to be a market failure, posing risks to the PRA's safety and soundness objective, and has therefore decided to clarify its expectations in this area," says BoE

Updated 08 Oct, 2021 05:50pm

Opinion

SDRs: Allocation, reallocation, and fiscal usage

Writing in the wake of the Global Financial Crisis (GFC) in 2009 in a Project Syndicate published article ‘The new...

Published 27 Aug, 2021 04:52am

World

Natixis fined 7.5m euros in subprime case

PARIS: French bank Natixis was fined 7.5 million euros ($9 million) Thursday after it was found guilty by a criminal...

Published 25 Jun, 2021 04:20am

Opinion

As Fed taper looms, global central banks eye their own exits from stimulus

Haunted by memories of past US interest rate hikes, the world’s central banks are laying the groundwork for a...

Published 11 Jun, 2021 03:41am

Opinion

Tarin’s plan falls short of needed reform approach — II

The 1990s’ world was mostly a neoliberal world with the Washington Consensus-styled policies such as small...

Published 18 May, 2021 05:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.32
USD to Swiss Franc / May 22	0.91
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.09

Stock	Volume
S&P 500 / May 21	5321.41
Nasdaq / May 21	16832.63
Dow Jones / May 21	39872.99
India Sensex / May 22	74007.26
Tokyo Nikkei / May 22	38615.77
Hang Seng / May 22	19241.22
FTSE 100 / May 22	8384.69
Germany DAX 30 / May 22	18694.36

Item	Value
Gold 10 Grams PKR / May 21	213048
Petrol/Litre / May 22	273.10
Crude Oil USD/Barrel / May 22	79.26
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold Spot USD/Ounce / May 22	2413.48
Diesel/Litre / May 22	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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