Business & Finance Swiss inflation holds steady at 3.4% in July ZURICH: Swiss consumer price inflation held steady at 3.4% in July, slightly less than economists had expected after... Published 03 Aug, 2022 11:45am
BR Research Inflation: Killing softly Inflation is on a record-breaking streak. The headline clocked at 24.9 percent in Jul-22 – highest since Oct 2008.... Published 02 Aug, 2022 08:54am
Business & Finance US manufacturing slows modestly; excess inventories weigh on new orders WASHINGTON: US manufacturing activity slowed less than expected in July and there were signs that supply constraints... Published 02 Aug, 2022 06:44am
Business & Finance July CPI inflation soars to highest rate in 14 years ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by a massive 24.93 percent on year-on-year basis... Published 02 Aug, 2022 05:36am
Pakistan Inflation in Pakistan hits 24.9% in July, a 14-year high CPI inflation in rural areas increased by 26.9% on year-on-year basis Updated 01 Aug, 2022 04:22pm
Markets European, US stocks rise despite latest inflation data NEW YORK: Despite fresh data showing the persistence of inflation, European stocks advanced following a... Published 01 Aug, 2022 05:54am
Print Umar assails govt over ‘highest-ever’ inflation ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar tweeted Sunday that the Sensitive Price Index (SPI) had... Updated 01 Aug, 2022 09:42am
Business & Finance Inflation may cross decade-high level of 25pc: BMP LAHORE: Under the domino effect of dollarization, the skyrocketing inflation, which is already in the midst of a... Published 01 Aug, 2022 05:54am
Markets Pakistan's rupee sees worst month in over 50 years Battling high import payments, depleting foreign exchange reserves, and political turbulence, the Pakistani rupee ... Updated 30 Jul, 2022 08:14pm
Pakistan Experts see Pakistan's inflation rate topping 24% in July Rupee depreciation, high energy tariffs, and seasonality in prices of edible items will contribute to high CPI reading Updated 30 Jul, 2022 08:13pm
Business & Finance For Pakistan’s start-ups, the ‘journey has just started’ Partner at Keystone Law says UAE and Dubai in particular should be explored for setting up headquarters Updated 30 Jul, 2022 11:49am
Print Country on the brink of collapse: APTMA KARACHI: Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising... Updated 30 Jul, 2022 09:43am
Business & Finance Spain inflation hits 38-year high in July: data MADRID: Inflation in Spain in July reached its highest level in 38 years, fuelled by runaway food and energy prices,... Published 29 Jul, 2022 02:22pm
BR Research HBL: Balance sheet crosses Rs5 trillion HBL, the country’s biggest commercial bank, announced its 1HCY22 financial results posting 11 percent year-on-year... Published 29 Jul, 2022 08:58am
Markets Wall Street drops as shrinking economy brings recession closer NEW YORK: US stock indexes fell on Thursday weighed down by gloomy forecasts from Meta and Qualcomm, while an early... Published 29 Jul, 2022 06:14am
Opinion Global economic players’ dismal policy action International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World... Published 29 Jul, 2022 06:14am
Opinion Hint of a Fed pause opens door to Asia’s emerging markets As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually... Published 29 Jul, 2022 06:14am
Print Import of wheat approved: ECC lifts import ban on all items except CBUs, home appliances Gives approval for an increase in petroleum dealers margin by Rs7 per litre both on petrol and diesel from Rs4.90 per litre and Rs4.13 per litre Updated 29 Jul, 2022 09:42am
Print MoF depicts a bleak picture of economy ISLAMABAD: The Finance Division has emphasized the intense need for a successful completion of the International... Updated 29 Jul, 2022 09:20am
Print IMF’s ‘pre-conditions’ already met, Senate panel told ISLAMABAD: A meeting of the Senate Standing Committee on Finance was informed that all the prior conditions of the... Updated 29 Jul, 2022 10:29am
Print Outlook downgrade: S&P follows in the footsteps of Fitch, Moody’s ISLAMABAD: S&P Global Ratings (previously Standard and Poor’s) revised the outlook on Pakistan’s long-term... Updated 29 Jul, 2022 09:08am
Business & Finance Australia cuts growth outlook as inflation bites SYDNEY: Australia’s recently-elected Labor government took a scalpel to the country’s economic growth forecasts on... Published 28 Jul, 2022 10:50am
BR Research Power tariff hike: Mixed bag The federal government okayed the power price hike, with the ministers attempting to downplay the impact. While the... Published 28 Jul, 2022 10:40am
Markets US MIDDAY: Gold range-bound NEW YORK: Gold prices were hemmed into a tight range on Wednesday with investors focused on the outcome of the US... Published 28 Jul, 2022 04:41am
Business & Finance Australian dollar slips, bonds rally as inflation fails to shock SYDNEY: The Australian dollar dipped on Wednesday as local inflation data proved not to be quite as white-hot as the... Published 28 Jul, 2022 04:41am
Markets Australian inflation speeds to 21-year high, peak still to come SYDNEY: Australian consumer price inflation sped to a 21-year high last quarter and is likely to accelerate even... Published 27 Jul, 2022 11:35am
Business & Finance Mercedes-Benz raises outlook after higher Q2 earnings BERLIN: Mercedes-Benz expects a significant rise in revenues and slightly higher earnings in 2022 than last year,... Published 27 Jul, 2022 11:24am
Markets Fed poised to attack inflation with another interest rate hike WASHINGTON: The Federal Reserve is set to announce another big interest rate increase on Wednesday, the fourth this... Published 27 Jul, 2022 09:55am
Markets Wall Street falls as Walmart warning rattles retail stocks NEW YORK: US stock indexes fell on Tuesday after Walmart’s profit warning heightened fears in the retail sector... Published 27 Jul, 2022 05:23am
Markets Most Gulf bourses retreat on economic slowdown fears DUBAI: Major stock markets in the Gulf ended lower on Monday, as signs of an economic slowdown ahead of a US Federal... Published 26 Jul, 2022 04:31am