BOJ Kuroda highlights inflation as risk to Japan’s economy TOKYO: Rising prices of daily necessities could hurt household sentiment, Bank of Japan Governor Haruhiko Kuroda ... Published 04 Jun, 2022 04:18am
Markets Gold dips as investors focus on US jobs data NEW YORK: Gold prices were headed for a third straight weekly gain on Friday after easing slightly during the ... Published 04 Jun, 2022 04:18am
Opinion War, hunger, Covid-19 cast gloomy shadow over Europe Since Russia’s invasion of Ukraine, the list of Europe’s woes keeps growing as it battles rising food and energy... Published 03 Jun, 2022 05:56am
Business & Finance Sri Lanka raise taxes on wine, cheese to curb imports COLOMBO: Cash-strapped Sri Lanka raised tariffs on a wide range of goods including wine and cheese, in a new drive ... Published 02 Jun, 2022 10:33am
Print May CPI inflation rises 13.8pc YoY ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by 13.8 per cent on a year-on-year basis in May... Updated 02 Jun, 2022 09:54am
Markets KSE-100 falls below 43,000 as profit-taking kicks in Market closes negative as expectations of further rise in inflation dent investor confidence Updated 01 Jun, 2022 06:41pm
Pakistan Govt raises ghee, cooking oil rates at utility stores After hiking flour rates, the government increased on Wednesday the price of ghee and cooking oil, as the partial... Published 01 Jun, 2022 03:27pm
Markets May's inflation reading hits 13.8% in Pakistan CPI-based inflation in rural areas increased by 15.9% on year-on-year basis in May 2022, reveals PBS data Updated 01 Jun, 2022 05:22pm
Business & Finance Inflation in bankrupt Sri Lanka hits fresh record COLOMBO: Cash-strapped Sri Lanka saw its highest inflation on record for the eighth consecutive month in May,... Published 01 Jun, 2022 10:23am
Opinion Policy rate and oil subsidy — II Therefore, such policy increase will likely do a lot of harm to the impact of bottom-up approach by the previous... Updated 01 Jun, 2022 09:44am
Business & Finance India’s March qtr GDP growth at one-year low as prices hit consumers NEW DELHI: India’s economic growth slowed to the lowest in a year in the first three months of 2022, hit by... Published 01 Jun, 2022 05:53am
World India growth slows on inflation, higher oil prices NEW DELHI: India’s growth slowed further in the first three months of 2022, the National Statistics Office said... Published 31 May, 2022 05:33pm
Business & Finance French inflation hits new record of 5.8% in May PARIS: French inflation rose more than expected in May to a new record, preliminary EU-harmonised data showed on... Published 31 May, 2022 01:32pm
Markets Australia, NZ dollars pause for breath SINGAPORE: The Australian and New Zealand dollars were knocked from three-week highs on Tuesday as renewed global... Published 31 May, 2022 10:07am
Markets Euro edges down but set for largest monthly gain in a year HONG KONG: The euro gave back some of its recent gains on Tuesday, but was still set for its best month in a year as... Published 31 May, 2022 10:05am
Markets Wall St Week Ahead: Hopes that Fed is ‘past peak hawkishness’ buoy stocks NEW YORK: Bad news may once again be good news on Wall Street, as signs of slowing US growth fan hopes that the... Published 30 May, 2022 05:53am
Markets Wall Street stocks end with weekly gains for first time in two months NEW YORK: Wall Street stocks rallied Friday following signs of moderating inflation, finishing with weekly gains for... Published 30 May, 2022 05:53am
Business & Finance Yields fall, but pop briefly on inflation data NEW YORK: Benchmark US Treasury yields fell on Friday but briefly bounced off session lows after data showed that... Published 30 May, 2022 05:53am
Opinion Have circumstances boxed PML-N in? Economic conditions will remain tight for the next year. With shaving off energy subsidies, pain will be felt by... Published 30 May, 2022 05:53am
Opinion Cost-of-living crisis forces more Brits to foodbanks On an overcast morning in Bradford, northern England, a steady stream of locals arrive at a foodbank to collect... Published 30 May, 2022 05:53am
Editorials The bitter pill at last EDITORIAL: The decision of the government communicated through an unscheduled press conference by Finance Minister... Published 30 May, 2022 05:53am
Print MoF lists macroeconomic imbalances: Higher growth may not be sustainable Ministry of Finance says primary contributors to increasing inflation are surge in international commodity prices and massive exchange rate depreciation Updated 29 May, 2022 04:06pm
Business & Finance Dollar heads for weekly drop as traders pare Fed rate hike views NEW YORK: The dollar edged lower and was on track for its second-straight weekly decline as traders pared... Published 28 May, 2022 05:11am
Markets India central bank governor says priority is inflation, but growth important MUMBAI: The Reserve Bank of India's primary focus is to bring inflation down closer to target but it cannot ... Published 27 May, 2022 10:16am
Markets Retailers lift European stocks but growth worries persist BENGALURU: European markets rose on Thursday with the retail sector leading the charge as Britain revealed new... Published 27 May, 2022 05:50am
Business & Finance Rouble slumps over 10pc to near 2-week low as Russia slashes rates again MOSCOW: The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as... Published 27 May, 2022 05:50am
Business & Finance Pound touches 3-week high, focus on UK household support plan LONDON: Sterling touched its highest level in three weeks on Thursday, with the UK government’s latest measures to... Published 27 May, 2022 05:50am
Business & Finance Govts should assist low-income families instead of subsidising energy: WB president David Malpass says governments should use technology to track those in need and provide them financial benefits. Published 26 May, 2022 11:16pm
World Putin hikes social payments and seeks to reassure on inflation MOSCOW: Russian President Vladimir Putin on Wednesday sought to reassure the public amid soaring inflation, while... Published 26 May, 2022 07:13am
World German steel workers to strike as inflation squeezes pay FRANKFURT: The German steel workers union said Wednesday it had called strikes after failing to reach a pay deal ... Published 26 May, 2022 07:13am