Global stocks mixed as eurozone inflation hits record NEW YORK: Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, ... Published 04 Jul, 2022 06:17am
Business & Finance US Treasury yields plunge as market prices lower inflation NEW YORK: US Treasury yields tumbled on Friday and the benchmark 10-year note fell the most since COVID-19 roiled... Published 04 Jul, 2022 06:17am
Markets Wall St Week Ahead-Investors brace for pivotal July after dismal first half NEW YORK: The US stock market is reeling from its worst first half of any year since 1970, with investors girding... Published 03 Jul, 2022 07:41pm
Business & Finance ‘Rising inflation resulting in great hardship for people’ KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 03 Jul, 2022 07:10am
Pakistan FY 2022: Lahore School of Economics puts GDP growth at 4.05pc LAHORE: The Lahore School of Economics Modeling Lab’s macro model for the Pakistan economy estimates that GDP... Published 03 Jul, 2022 05:39am
Print Rising inflation helps Imran Khan step up pressure on govt 'Is it only my job to fight the menace of corruption,' Imran asks institutions Updated 03 Jul, 2022 01:39pm
Markets Oil sales decline 11% in June as high prices dent demand A further slowdown in diesel and petrol sales is expected as the government has decided to impose PDL and sales tax Updated 02 Jul, 2022 07:33pm
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
Business & Finance Monetary policy: majority expects at least 100bps hike as inflation highest since Dec 2008 Monetary Policy Committee of the State Bank of Pakistan (SBP) is currently scheduled to meet on July 7 (Thursday) Published 01 Jul, 2022 07:15pm
World Bankrupt Sri Lanka’s inflation jumps beyond 50% COLOMBO: Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6... Published 01 Jul, 2022 11:37am
Markets Most Gulf indexes fall on fears of sharp economic slowdown DUBAI: Most stock markets in the Gulf ended lower on Thursday, as central banks’ aggressive rate-hike approach to... Published 01 Jul, 2022 06:13am
Markets European shares suffer worst quarter since pandemic hit of early 2020 PARIS: European shares on Thursday marked their worst quarter since the pandemic-led selling of early 2020, as... Published 01 Jul, 2022 06:13am
Pakistan Ahsan blames Imran for prolonged power outages, rising inflation ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Thursday said that former prime minister Imran Khan... Published 01 Jul, 2022 06:13am
Business & Finance S&P 500 wobbles to the end of its worst first-half since 1970 NEW YORK: Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off... Updated 01 Jul, 2022 09:27am
Business & Finance Bangladesh raises interest rate by 50bps to fight inflation DHAKA: Bangladesh’s central bank raised its key interest rates by half a percentage point on Thursday, its second... Published 01 Jul, 2022 06:13am
Print ‘Damages caused to economy by PTI govt’: Govt announces formation of inquiry commission ISLAMABAD: The Prime Minister Shehbaz Sharif-led coalition government on Thursday announced the formation of an... Published 01 Jul, 2022 06:13am
Opinion Say hello to the bullwhip effect Wall Street knows better than to look the other way when Michael Burry, of the “Big Short” fame, casts doubts on... Published 30 Jun, 2022 06:07am
Print Potential risks identified: Economic growth facing challenging situation: MoF ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal... Updated 30 Jun, 2022 09:52am
Business & Finance Bank of England may not need to act forcefully, says Bailey SINTRA, (Portugal): The Bank of England will not necessarily have to act “forcefully” to get inflation under... Published 30 Jun, 2022 06:07am
Business & Finance H&M profits, sales beat forecast in second quarter, but 'challenges remain' STOCKHOLM: Swedish fashion retailer H&M posted stronger-than-expected sales and profits in the second quarter on... Published 29 Jun, 2022 06:30pm
Pakistan Macroeconomic imbalances challenging Pakistan’s economic growth: MoF Inflation may increase after pass-through of international oil prices to domestic energy products, says finance ministry's monthly 'Economic Update and Outlook' report Updated 29 Jun, 2022 06:32pm
Business & Finance Spain inflation hits double digits, 37-year high MADRID: Inflation in Spain has soared to a 37-year high, reaching double digits due to rising energy and food... Published 29 Jun, 2022 03:36pm
Markets Euro trims declines after Spain inflation surge LONDON: The euro edged lower on Wednesday following release of conflicting inflation data in Germany and Spain that... Published 29 Jun, 2022 02:31pm
Markets Equity market losses driven by recession, inflation fears HONG KONG: Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian... Updated 29 Jun, 2022 01:32pm
Markets Dow, S&P boosted by banks; cautious on consumer confidence data NEW YORK: Bank shares boosted the Dow Jones and the S&P 500 indexes on Tuesday as the big four lenders raised... Published 29 Jun, 2022 05:44am
Opinion How can Pakistan avoid Sri Lanka’s path? Pakistan continues to burn its foreign exchange at an alarming rate and is exhausting all of its hopes to turn ... Published 29 Jun, 2022 05:44am
Print Cellular mobile companies: Call, data package rates hiked ISLAMABAD: Cellular mobile companies have once again increased the rates of call and data packages while citing a... Updated 29 Jun, 2022 09:59am
Business & Finance ECB vows to counter ‘undesirably high’ inflation SINTRA, (Portugal): The European Central Bank will go “as far as necessary” to fight inflation that is set to... Published 29 Jun, 2022 05:44am
Business & Finance South Korea June export growth seen at slowest in 20 months; inflation near 6% SEOUL: South Korea’s export growth is expected to slow sharply to a 20-month low in June, contributing to a record... Published 28 Jun, 2022 10:42am
Markets Most Gulf indexes in black as inflation fears ease DUBAI: Most Gulf markets extended gains on Monday, tracking global shares as a drop in commodity prices allayed ... Published 28 Jun, 2022 06:10am