Trends - global growth - Business Recorder

global growth

World Bank says global growth stabilising but well below pre-pandemic levels

Global economy to avoid third consecutive drop in real GDP growth since major post-pandemic jump in 2021

Updated 11 Jun, 2024 09:58pm

Business & Finance

Global economy outlook at odds with aggressive rate cut bets

BENGALURU: Global growth is set to stay resilient this year and only pick up pace a bit in 2025, according to a...

Published 26 Jan, 2024 10:06am

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 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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.72
USD PKR Interbank Buying / Jun 12	278.47
USD to Japanese Yen / Jun 13	157.03
USD to Swiss Franc / Jun 13	0.90
Pound Sterling to USD / Jun 13	1.28
Euro to USD / Jun 13	1.08

Stock	Volume
S&P 500 / Jun 13	5421.03
India Sensex / Jun 13	76818.22
Tokyo Nikkei / Jun 13	38793.17
Nasdaq / Jun 13	17608.44
Hang Seng / Jun 13	18017.22
FTSE 100 / Jun 13	8215.48
Dow Jones / Jun 13	38712.21
Germany DAX 30 / Jun 13	18630.86

Item	Value
Petrol/Litre / Jun 13	268.36
Crude Oil USD/Barrel / Jun 13	78.31
Karachi Cotton PKR/37.32 KG / Jun 13	19935
Gold 10 Grams PKR / Jun 13	207390
Gold Spot USD/Ounce / Jun 13	2311.94
Diesel/Litre / Jun 13	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

Markets →

Calculate your monthly liability in FY24

global growth

Most Popular