ECB to raise scrutiny of banks’ credit risk, funding FRANKFURT: The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding,... Published 13 Dec, 2022 05:58am
World India’s November retail inflation eases below 6% for the first time this year NEW DELHI: India’s annual retail inflation eased below its central bank’s upper tolerance level for the first time... Published 12 Dec, 2022 05:48pm
World Europe’s inflation problem will linger for years to come FRANKFURT: Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back... Published 12 Dec, 2022 07:31am
Business & Finance China’s PPI falls, consumer inflation slows on soft demand BEIJING: China’s factory-gate prices showed an annual fall for a second month in November while consumer inflation... Published 12 Dec, 2022 07:15am
Opinion PML-N versus PML-N The markedly different perceptions of the state of the Pakistan economy today between PML-N’s stopgap finance... Updated 12 Dec, 2022 06:40am
Markets Wall Street Week Ahead: US stock rally faces gauntlet of CPI data, Fed meeting NEW YORK: A double dose of potentially market-moving US events next week could set the tone for asset prices in the... Published 12 Dec, 2022 06:07am
Markets US Fed poised for smaller rate hike with eye on wage growth Decision will be announced after a two-day meeting of the policy-setting Federal Open Market Committee (FOMC) starting Tuesday Updated 11 Dec, 2022 06:27pm
Business & Finance ‘Everything increasing except wages’: inflation batters Ethiopia ADDIS ABABA: “Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the... Published 11 Dec, 2022 11:04am
Print Exports, imports and remittances: Value-added textile sector seeks separate forex rates Representatives of the value-added textile sector say the fragile economy has outgrown the cost of manufacturing Updated 11 Dec, 2022 12:34pm
Business & Finance Weekly SPI inflation unchanged on average ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended December 8, recorded no change on... Updated 10 Dec, 2022 10:02am
Opinion Contradictions in economic policy stance and a way forward In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical... Updated 09 Dec, 2022 06:32am
Business & Finance ‘The worst is yet to come’: the curse of high inflation NEW YORK: Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials... Published 09 Dec, 2022 05:58am
Business & Finance Euro zone yields hover near lowest levels in months ahead of ECB meeting LONDON: Euro zone government bond yields held steady near their lowest levels in months on Thursday as investors... Published 09 Dec, 2022 05:58am
Opinion Oily matters – I Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been... Published 08 Dec, 2022 06:10am
Business & Finance Business confidence negative: OICCI survey KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has announced the results of its... Updated 08 Dec, 2022 09:12am
Print ‘Funding’ major challenge to achieve SDGs, says Aisha Pasha ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has said that funding is a major challenge in ... Updated 07 Dec, 2022 09:49am
Opinion SBP’s newfound realism The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the ... Published 06 Dec, 2022 05:58am
Business & Finance Globalisation versus regionalism: Proximity advantage could cut cost of trade: ex-BoI chief ISLAMABAD: Former chairman of Board of Investment (BoI), Haroon Sharif Monday while shedding light on major... Published 06 Dec, 2022 05:58am
Print Oil falls nearly 3pc after data raises Fed interest rate worries NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised... Published 06 Dec, 2022 05:58am
Opinion ‘Minimum wage: the wages of lack of empathy is social unrest’ This is apropos a Business Recorder op-ed ‘Minimum wage: a suggestion’ carried by the newspaper on Saturday. The... Published 05 Dec, 2022 06:23am
Opinion Inflation: the fault is in ourselves Inflation has reached politically untenable levels in the ongoing year, considerably higher than the high rates... Published 05 Dec, 2022 06:09am
Business & Finance ECB urged to raise interest rates PARIS: The European Central Bank should raise interest rates by 50 basis points (bsp) on Dec 15, French central bank... Published 05 Dec, 2022 05:47am
Business & Finance Global central banks increase pace of rate hike in November LONDON: The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy... Updated 05 Dec, 2022 06:45am
Business & Finance SPI down on decrease in food prices: PBS ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended December 1, recorded a decrease of... Updated 03 Dec, 2022 09:53am
BR Research Core inflation keeps rising National CPI headline inflation for the first five months of FY23 stands at 25.1 percent. It was a little over 9... Published 02 Dec, 2022 08:39am
Print Nov CPI inflation jumps 23.8pc YoY ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 23.8 percent on a year-on-year basis in... Published 02 Dec, 2022 06:41am
Business & Finance Remittances may drop by 7.4pc to $29bn: World Bank ISLAMABAD: Remittances are expected to drop by 7.4 percent to $29 billion in 2022 from $31 billion in 2021, as loss... Updated 02 Dec, 2022 10:21am
Opinion Non-austerity policy needed for resilient, inclusive, sustainable growth The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the... Published 02 Dec, 2022 05:47am
Print Disasters cost $268bn in 2022: Swiss Re GENEVA: Natural and man-made catastrophes have caused $268 billion of economic losses so far in 2022, chiefly driven... Updated 02 Dec, 2022 09:50am
Business & Finance Global factory activity shrank last month LONDON/TOKYO: Factory output fell widely last month as slowing global demand and the impact of China’s COVID-19... Updated 02 Dec, 2022 10:09am
