Pakistan one step from Sri Lanka: Umar ISLAMABAD: Former Federal Finance Minister and Planning and Development Asad Umar of Pakistan Tehreek-e-Insaf (PTI)... Updated 16 May, 2022 09:52am
Business & Finance US companies eye more consumer pushback as inflation toll mounts NEW YORK: Prices on household goods have been rising for months in the United States, souring the national mood but... Published 15 May, 2022 11:24am
Markets OGRA raises RLNG price for SSGC, SNGPL by 40% for May The Oil and Gas Regulatory Authority (OGRA) has increased the distribution price of re-gasified liquefied natural ... Published 14 May, 2022 02:30pm
Opinion Controlling inflation and financing deficits — I In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a... Published 14 May, 2022 04:05am
Markets Oil jumps 3pc as US gasoline prices hit record NEW YORK: Oil prices rose about 3% on Friday as US gasoline prices jumped to an all-time high and on fears supplies... Published 14 May, 2022 04:05am
Business & Finance Russia inflation hits 20 year high in April MOSCOW: Russia’s annual inflation jumped to a two-decade high of 17.8 percent in April, fuelled by Western... Published 14 May, 2022 04:05am
Business & Finance Dollar set for sixth week of gains despite slip, as slowdown worries persist NEW YORK: The dollar edged lower on Friday, but was still set for a sixth straight week of gains as investors... Published 14 May, 2022 04:05am
Markets BOJ’s Kuroda says expected rise in inflation will lack sustainability TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Friday an expected, near-term rise in inflation would lack... Published 13 May, 2022 09:39am
Markets Indian shares fall over 2pc, rupee hits record low BENGALURU: Indian shares lost more than 2% on Thursday and the rupee hit an all-time low, as investors shunned... Published 13 May, 2022 05:59am
Markets Copper tumbles to 7-month low as slowdown fears rock markets LONDON: Copper prices tumbled below $9,000 a tonne on Thursday for the first time since October and most other... Published 13 May, 2022 05:59am
World US wholesale price hikes ease in April WASHINGTON: Inflation pressures at the wholesale level receded somewhat in April, easing back from the March record... Published 12 May, 2022 07:01pm
Business & Finance ECB signals rate hike as soon as July to combat inflation FRANKFURT: European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to... Published 12 May, 2022 05:40am
Business & Finance German inflation to come in close to 7% this year, Bundesbank says FRANKFURT: Inflation in Germany will come in close to 7% this year, Bundesbank President Joachim Nagel said on... Published 11 May, 2022 12:18pm
World Biden to blast Republicans as having no plan on inflation WASHINGTON: US President Joe Biden will use a speech on inflation on Tuesday as an attempt to turn his Democratic... Published 11 May, 2022 04:58am
Business & Finance Dollar choppy with inflation data on deck NEW YORK: The dollar was choppy on Tuesday, fluctuating between modest gains and declines as it held near a... Published 11 May, 2022 04:58am
Business & Finance India’s inflation likely accelerated to an 18-month high in April: Reuters poll BENGALURU: India’s retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and... Published 10 May, 2022 11:27am
Opinion Devaluation: a fool’s errand Devaluation/inflation When a country devalues its currency it sets into motion a series of events that can ... Published 10 May, 2022 05:10am
Markets Global stocks deepen losses on rising rates, China lockdowns LONDON: World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates,... Published 09 May, 2022 07:26pm
World Lagarde bats back ECB staff’s inflation wage ask FRANKFURT: European Central Bank chief Christine Lagarde rejected union calls to peg wages to inflation at the... Published 09 May, 2022 06:51pm
Markets Mainland China stocks open lower SHANGHAI: Mainland Chinese stocks dropped at the open on Monday over global inflation worries and the toll of... Published 09 May, 2022 09:45am
Pakistan New Punjab CM spells out his govt’s priorities LAHORE: Chief Minister Punjab Hamza Shehbaz said on Sunday that extending immediate relief to the inflation-hit... Published 09 May, 2022 06:05am
Perspectives Can Pakistan's stock market survive an inflation tsunami? Inflation on its own is insufficient to drag equities down and there is no clear correlation between them Published 09 May, 2022 02:39am
Business & Finance Closing the ‘escape valve’: Venezuela pursues de-dollarization CARACAS: Having opened its arms to the US dollar as an “escape valve” Venezuela is now trying to re-energize its... Published 08 May, 2022 07:53am
Opinion Economy: Demystifying some policy choices In a recent blog article ‘War dims global economic outlook as inflation accelerates’ published by the... Published 07 May, 2022 05:46am
Opinion Banks face reversal of fortune from war and runaway inflation Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank... Published 07 May, 2022 05:46am
Business & Finance Tokyo consumer prices rise at fastest pace in 7 years TOKYO: Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April... Published 06 May, 2022 10:26am
BR Research CPI: worse is yet to come Like heat wave, a fresh wave of inflation is hitting inhabitants of Pakistan hard. The headline number was recorded... Published 06 May, 2022 08:24am
BR Research Profits soar for PMPK After achieving strong, double-digit bottomline growth in CY21, Philip Morris (Pakistan) Limited (PSX: PMPK) is off... Published 06 May, 2022 08:19am
Opinion Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become ... Published 06 May, 2022 05:03am
Opinion Rising inflation and remedial actions The evolving global and local geopolitical landscape is posing serious economic challenges for the new government in... Published 06 May, 2022 05:03am