Trends - global recession - Business Recorder

global recession

Startup ecosystem 2023

The year 2021 was a defining moment for tech firms, with significant global expansion. The trend continued through...

Published 03 Jan, 2024 09:01am

Opinion

Bond vigilantes and inversion anxiety

One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all...

Updated 05 Oct, 2023 06:45am

Markets

Oil rebound more likely this year, $100 a barrel possible, OPEC sources say

LONDON: Oil may resume its rally in 2023 as Chinese demand recovers after COVID curbs were scrapped and lack of...

Published 10 Feb, 2023 10:20pm

Markets

Gulf stocks gain despite weak Oil, U.S. consumer data

Most major Gulf equities recovered early losses to close slightly higher on Thursday as investors in the region...

Published 19 Jan, 2023 09:47pm

World

Davos 2023: Global recession in 2023 seen as likely in WEF survey

DAVOS: Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a...

Published 16 Jan, 2023 05:31pm

Markets

Oil rises after US fuel stocks draw down

NEW YORK: Oil prices rose nearly 2% on Thursday after posting the biggest two-day loss for the start of a year in...

Published 06 Jan, 2023 06:37am

Markets

Copper set for first yearly fall since 2018 on slowdown woes

BENGALURU: Copper edged up on Friday, but was heading for its first yearly decline since 2018 as an overall stronger...

Published 03 Jan, 2023 03:25am

Markets

Copper slips on poor demand prospects

LONDON: Copper prices slipped on Thursday as surging COVID infections in top consumer China and worries about a...

Published 30 Dec, 2022 05:50am

World

Half of world’s democracies in decline: watchdog

STOCKHOLM: Half of the world’s democracies are in a state of decline amid worsening civil liberties and rule of ...

Published 01 Dec, 2022 07:14am

Markets

VLSFO premium extends climb

SINGAPORE: Asia’s spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a third straight session ...

Published 23 Nov, 2022 05:55am

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take...

Updated 23 Nov, 2022 09:30am

BR Research

Cotton: market mayhem

Volatility refuses to die in the cotton market. After closing October at 2-year low price of 72cents per lb, world...

Published 07 Nov, 2022 08:56am

Markets

Oil settles up as further interest rate hikes loom

LODON/MELBOURNE/SINGAPORE: Oil prices settled up by more than 5% on Friday amid uncertainty around future interest...

Published 06 Nov, 2022 03:44am

Business & Finance

Delay in sales tax refunds adversely affecting export cycle, says PTEA

FAISALABAD: Undue delay in payment of exporters’ sales tax refunds against approved Refund Payment Orders (RPOs) ...

Published 21 Oct, 2022 05:57am

Editorials

‘Dangerous new normal’

EDITORIAL: IMF (International Monetary Fund) chief Kristalina Georgieva’s warning about a “dangerous new...

Published 16 Oct, 2022 03:53am

Markets

Oil falls on fears of global recession, China Covid flare-up

LONDON: Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as recession ...

Published 12 Oct, 2022 05:46am

World

IMF warns inflation fight, geopolitical events driving up financial stability risks

WASHINGTON: The International Monetary Fund warned Tuesday that global financial stability risks have increased,...

Published 11 Oct, 2022 07:29pm

World Bank, IMF see rising risks of global recession

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

Updated 11 Oct, 2022 10:00am

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

Business & Finance

Revamp of World Bank, lenders needed to tackle global problems: Yellen

WASHINGTON: The World Bank and development lenders need to evolve to tackle the complex challenges that the world is...

Published 07 Oct, 2022 05:59am

Business & Finance

WTO slashes 2023 trade forecast as recession looms

GENEVA: The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as...

Updated 06 Oct, 2022 09:30am

Editorials

Global recession?

EDITORIAL: It’s not surprising that the World Trade Organisation (WTO) has also started worrying and warning about...

Published 03 Oct, 2022 05:52am

Business & Finance

WTO chief warns world edging into ‘global recession’

GENEVA: The World Trade Organization’s chief said Tuesday she believes the world is heading towards a global...

Published 28 Sep, 2022 05:51am

World

WTO chief warns world edging into ‘global recession’

GENEVA: The World Trade Organization’s chief said Tuesday she believes the world is heading towards a global...

Published 27 Sep, 2022 05:53pm

Editorials

Showdown looms in Islamabad

EDITORIAL: PTI (Pakistan Tehreek-e-Insaf) Chairman Imran Khan seems pretty certain that his call to march on the...

Published 24 Sep, 2022 03:49am

Opinion

No way around another recession?

This is turning out to be a sombre week for international markets as they digest the upside August inflation ...

Published 15 Sep, 2022 05:57am

World

Global economy may avoid recession as inflation risks ease: J.P. Morgan

The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said,...

Published 13 Sep, 2022 06:29pm

BR Research

Oil prices jittery

Over the last 12 days, Brent crude oil prices have dropped significantly. The price of a barrel of oil has dropped...

Published 12 Sep, 2022 08:23am

Opinion

Economic indicators in July 2022

The first month of 2022-23 which has just come to an end presents a mixed picture. Perhaps the most positive...

Published 11 Aug, 2022 04:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	2278.33
USD PKR Interbank Buying / May 24	278.13
USD to Japanese Yen / May 24	156.99
USD to Swiss Franc / May 24	0.91
Pound Sterling to USD / May 24	1.27
Euro to USD / May 24	1.08

Stock	Volume
S&P 500 / May 24	5304.72
India Sensex / May 24	74410.39
Tokyo Nikkei / May 24	38646.11
Nasdaq / May 24	16920.80
Hang Seng / May 24	18608.94
FTSE 100 / May 24	8317.59
Dow Jones / May 24	39069.59
Germany DAX 30 / May 24	18693.37

Item	Value
Crude Oil USD/Barrel / May 24	77.72
Karachi Cotton PKR/37.32 KG / May 24	19935
Gold 10 Grams PKR / May 24	205933
Gold Spot USD/Ounce / May 24	2333.83
Cotton US¢/pound / May 24	80.52
Petrol/Litre / May 27	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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