Fed’s balance sheet drawdown could sunset next year The Federal Reserve’s ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the ... Published 23 Dec, 2022 06:14am
Markets Indian shares extend losses on Covid, inflation worries BENGALURU: Indian shares extended fall for a third straight session on Thursday, with broad-based declines, after ... Published 23 Dec, 2022 05:54am
Opinion Ending the assault of austerity and procyclical policy stance ‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks... Published 23 Dec, 2022 05:54am
Print S&P cuts rating on weakening of several metrics Rating agency states that Pakistan’s already low foreign exchange reserves would remain under pressure throughout 2023 Updated 23 Dec, 2022 09:04am
World Turkey hikes minimum wages for third time to fight inflation ISTANBUL: Turkish President Recep Tayyip Erdogan on Thursday announced the third major minimum wage hike in a year... Published 22 Dec, 2022 05:49pm
Markets India extends suspension of futures trade in key farm commodities MUMBAI/ BENGALURU: India’s market regulator extended the suspension of trading in derivative contracts of key farm... Published 22 Dec, 2022 07:09am
Markets Wall Street gains on strong Nike earnings NEW YORK: Wall Street’s main stock indexes rose on Wednesday after Nike reported upbeat results, while investors... Published 22 Dec, 2022 07:04am
Opinion Investors count on bonds to rescue battered 60/40 portfolio in 2023 Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible US recession... Published 22 Dec, 2022 05:57am
Opinion IMF, the ‘lifeline’ of Pakistan Since the creation of Pakistan, its policy makers, politicians, and the rulers, all have been struggling to manage... Published 22 Dec, 2022 05:57am
Print Key phrase: ‘structural reforms’ State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy Updated 22 Dec, 2022 09:52am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Markets Pakistan's GDP growth projected to remain below 3–4% in FY23, says SBP Central bank releases Annual Report on The State of Pakistan's Economy Updated 21 Dec, 2022 08:01pm
Markets Pakistan’s REER index falls to 98.8 in November Pakistan’s Real Effective Exchange Rate (REER) saw a significant decrease in November, as it clocked in at 98.8... Published 21 Dec, 2022 04:48pm
Business & Finance Sri Lanka’s national consumer price inflation eases to 65% in November Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump in... Published 21 Dec, 2022 02:58pm
Business & Finance Ghosts of insecurity, inflation haunt Nigeria Christmas present LAGOS: This year will be the fourth year running that Seyi Anne Moses has had to decide against going home to see... Published 21 Dec, 2022 12:12pm
Markets Indonesia central bank sees 2022 inflation at 5.4%, 2023’s at around 3% JAKARTA: Indonesia’s December inflation rate is seen at 5.4%, but it would ease next year to around 3%, central bank... Published 21 Dec, 2022 09:06am
Business & Finance Global 2023 earnings growth: Recession, rate hikes seen jamming brakes NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher... Published 21 Dec, 2022 06:05am
Print External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from... Updated 20 Dec, 2022 09:38am
World France and Germany eye ‘aggressive response’ to US Inflation Reduction Act PARIS: France and Germany are eyeing an ‘aggressive response’ to the US Inflation Reduction Act (IRA), said the... Published 20 Dec, 2022 05:58am
Print Revenue collection: PM toughens FY23 target regardless of import contraction Prime Minister Shehbaz Sharif directs FBR to achieve revenue target of Rs7.6 trillion by June 30 Updated 20 Dec, 2022 09:40am
BR Research Autos: Down but never out Last month in Oct-22, the automobile industry was selling an average of 11,000 units per month in the course of the... Published 19 Dec, 2022 08:53am
Markets Wapda union objects to privatisation of distribution companies HYDERABAD: All Pakistan WAPDA Hydro Electric Workers Union (CBA) President Abdul Latif Nizamani Sunday demanded the... Published 19 Dec, 2022 06:40am
Opinion Syria fuel crisis slows down life in Damascus Syrian student Ziad al-Ezz can no longer get to university as severe fuel shortages cripple the capital Damascus,... Published 19 Dec, 2022 06:22am
Editorials The revenue shortfall EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ... Published 19 Dec, 2022 06:00am
Opinion There’s a mood of gloom and despondency A wave of despondency pervades the entire country because of growing political instability that has been exacting ... Published 18 Dec, 2022 03:36am
Business & Finance Expert stresses need for controlling inflation, govt spending KARACHI: “Unless we control the prices of daily use items and slash the government expenditure, nothing will be... Published 18 Dec, 2022 03:36am
Pakistan Inflation-hit people: PM decides to announce ‘comprehensive’ relief package Informed sources within PML-N say prime minister chaired a consultative meeting in which he instructed relevant ministries to prepare comprehensive relief package Updated 17 Dec, 2022 01:47pm
Business & Finance Tarin chides govt for soaring inflation GUJRANWALA: Former finance minister Shaukat Tarin has said that the 50-year inflation record has already been broken... Published 17 Dec, 2022 06:52am
Opinion Deutsche Bank’s rollercoaster ride towards more stability In 2019, Deutsche Bank set out on a journey to cut dependence on its volatile investment bank and rely instead on... Published 17 Dec, 2022 05:58am
Opinion Britain takes fight to restore investor faith into 2023 Major investors are rethinking their support for Britain’s economy following months of political turmoil and... Published 17 Dec, 2022 05:58am
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?