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global growth

Global banks face negative outlook, property stress in 2024: Moody’s

LONDON: Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean...

Published 05 Dec, 2023 03:01am

Business & Finance

Global banks face negative outlook, property stress in 2024: Moody’s

LONDON: Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean...

Published 04 Dec, 2023 06:43pm

World

Global growth to slow but avoid a hard landing: OECD

PARIS: The global economy will slow slightly next year but the risk of a hard landing has subsided despite high...

Published 29 Nov, 2023 04:55pm

Business & Finance

Dollar lifted by worries over global growth

NEW YORK: The dollar rose on Tuesday as jitters over global growth, particularly in China, caused investors to flock...

Published 06 Sep, 2023 03:37am

World

IMF raises India’s growth forecast to 6.1% for fiscal year 2024

BENGALURU: The International Monetary Fund (IMF) on Tuesday raised its growth forecast for India slightly, expecting...

Published 25 Jul, 2023 08:33pm

World

IMF nudges up 2023 economic outlook but warns of slowing global growth ahead

Global growth forecast for this year raised by 0.2 percentage points from the IMF's last forecast in April, putting the world economy on track for 3% growth in both 2023 and 2024

Updated 25 Jul, 2023 09:51pm

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

World

Yellen to travel to Japan for G7 finance ministers meeting

WASHINGTON: U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group...

Published 03 May, 2023 05:59pm

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

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

World

Global growth to fall below 3% in 2023: IMF chief

WASHINGTON: A continued slowdown in almost all the world’s advanced economies is expected to drag global growth...

Published 06 Apr, 2023 06:35pm

Business & Finance

Japan’s business mood sours to 2-year low as global slowdown bites

TOKYO: Japan’s business sentiment soured in January-March to hit the worst level in more than two years, a...

Published 03 Apr, 2023 10:53am

World

OECD raises global growth forecast but recovery ‘fragile’

PARIS: The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid...

Published 17 Mar, 2023 06:55pm

World

World Bank cuts 2023 global growth to 1.7% in ‘sharp, long-lasting slowdown’

This is among the weakest rates seen in nearly three decades, overshadowed only by the pandemic-induced recession of 2020 and global financial crisis in 2009

Updated 10 Jan, 2023 08:35pm

World

Recession, rate hikes seen jamming brakes on global 2023 earnings growth

NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...

Published 20 Dec, 2022 08:57pm

World

IMF chief sees higher chance of global growth below 2% in 2023

NEW YORK: International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the chance of global...

Updated 01 Dec, 2022 09:06pm

Inflation rate at 19.9pc: IMF projects 3.5pc growth for 2023

Current account balance is projected at negative 2.5 per cent for 2023 compared to negative 4.6per cent for 2022

Updated 12 Oct, 2022 09:40am

Business & Finance

JPMorgan CEO Dimon warns of recession in 6 to 9 months

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the United States and the global economy could ...

Updated 10 Oct, 2022 10:43pm

World

World Bank's Malpass, IMF's Georgieva see rising risks of global recession

WASHINGTON: World Bank President David Malpass and International Monetary Fund Managing Director Kristalina ...

Updated 10 Oct, 2022 09:09pm

World

World facing '5th wave' of debt crisis: World Bank chief

WASHINGTON: The world is facing a "fifth wave of debt crisis," World Bank President David Malpass warned Friday,...

Updated 07 Oct, 2022 09:24pm

World

IMF's Georgieva sees 'darkening' outlook for global economy, rising recession risks

WASHINGTON: The International Monetary Fund (IMF) will next week downgrade its forecast for 2.9% global growth in...

Updated 07 Oct, 2022 01:25am

Markets

Global growth worries keep FTSE 100 lower for third day

UK’s blue-chip stock index slipped on Wednesday after a slew of global data highlighted growing risks of a...

Published 24 Aug, 2022 01:28pm

World

Ukraine war pulls rug out from under world economy rebound

PARIS: This year was supposed to confirm the world economy’s comeback from the Covid pandemic crisis. Instead, the...

Published 22 Aug, 2022 09:37am

Markets

Japanese shares jump most in nearly two weeks on positive earnings

SINGAPORE: Japanese shares notched their best day in about two weeks on Monday, helped by some positive earnings,...

Published 02 Aug, 2022 05:36am

Business & Finance

Australia, NZ dollars lose momentum

SYDNEY: The Australian and New Zealand dollars lost some steam on Thursday, as a recent bounce ran into new worries...

Published 22 Jul, 2022 06:07am

World

UAE economy grew 8.2% in Q1, central bank estimates

DUBAI: The United Arab Emirates' economy grew by an estimated 8.2% in the first quarter, buoyed by higher oil...

Published 20 Jul, 2022 04:24pm

Business & Finance

Dollar boosted by safety bid on rising recession fears

NEW YORK: Pessimism about the outlook for the global economy boosted demand for the safe haven US dollar on Friday...

Published 02 Jul, 2022 04:10am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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