Trends - inflation - Business Recorder

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PM forewarns of ‘very tough’ IMF conditionalities

ISLAMABAD: Prime Minister Shehbaz Sharif Monday said that having steered Pakistan out of the verge of bankruptcy,...

Updated 28 Jun, 2022 09:51am

Business & Finance

French borrowing at ‘danger level’, says finance minister

PARIS: France’s borrowing has a reached a “danger level”, Finance Minister Bruno Le Maire said on Monday amid...

Published 28 Jun, 2022 06:10am

Perspectives

When the going gets tough, look skywards

Passenger: “What are you saying? Only yesterday I paid Rs. 20 for the bus fare, now you are charging me Rs. ...

Published 27 Jun, 2022 02:10pm

Business & Finance

Central banks must act quickly on inflation, warns BIS

ZURICH: Central banks must not let inflation become entrenched, with the threat of stagflation looming over the...

Published 27 Jun, 2022 07:35am

Markets

Markets rise as recession talk tempers rate hike expectations

HONG KONG: Stocks climbed Friday following another rally on Wall Street as investors try to process central bank...

Published 27 Jun, 2022 06:06am

Opinion

Our situation is not much different from Sri Lanka’s?

It was not very long ago that Federal Finance Minister Miftah Ismail said the government would try its level best ...

Published 27 Jun, 2022 06:06am

Markets

Inflation a thorn in the side of Bulgaria rose oil makers

PAVEL BANYA: Business is not a bed of roses for Bulgaria’s rose oil makers these days. Made from Damask roses grown...

Published 26 Jun, 2022 10:19am

World

No ‘transformation’ for UK’s Johnson despite vote drubbing

LONDON: British Prime Minister Boris Johnson said Saturday he would not undergo any “psychological...

Published 26 Jun, 2022 05:44am

Markets

Japanese rubber futures firm

SINGAPORE: Japanese rubber futures were steady on Friday, as concerns over higher domestic inflation offset hopes of...

Published 26 Jun, 2022 05:44am

Business & Finance

Global M&A braces for dry spell

LONDON/NEW YORK: Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the...

Published 26 Jun, 2022 05:44am

Business & Finance

Japan’s inflation tops BOJ target

TOKYO: Japan’s annual core consumer inflation topped the central bank’s target for a second straight month in...

Published 25 Jun, 2022 04:42am

Business & Finance

Supertax to destroy economy, stoke inflation: Tarin

KARACHI: Former finance minister Shaukat Tarin Friday hit hard at incumbent rulers for levying 10 percent supertax ...

Published 25 Jun, 2022 04:42am

Markets

Tokyo shares close higher

TOKYO: Tokyo shares closed higher on Friday after rallies on Wall Street and gains in chip-related shares supported...

Updated 24 Jun, 2022 12:22pm

Business & Finance

UK debt repayments soar on high inflation

LONDON: Interest repayments on UK government debt have soared as the country’s inflation reaches the highest ...

Published 24 Jun, 2022 07:18am

World

Strikes cripple Britain’s railways, unions warn of more to come

LONDON: Strikes crippled Britain’s rail network for the second time this week on Thursday as union bosses, train...

Published 24 Jun, 2022 06:15am

Print

Oil prices hiked to avert default, says Miftah

ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and...

Updated 24 Jun, 2022 10:19am

Business & Finance

Fed chair admits recession a ‘possibility’ after rate hikes

WASHINGTON: The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation ...

Published 24 Jun, 2022 06:15am

Business & Finance

Air tickets set to keep climbing from pandemic low: experts

DOHA: Propelled by inflation, the price of air tickets has begun to take off again after tumbling during the...

Published 23 Jun, 2022 08:15am

Business & Finance

US could face more inflation ‘surprises’: Powell

WASHINGTON: The US economy is strong but faces an “uncertain” global environment and could see further inflation...

Published 23 Jun, 2022 07:37am

Pakistan

Sherry holds PTI govt responsible for mounting debt, public accounts crisis

ISLAMABAD: Pakistan People’s Party (PPP) Senator Sherry Rehman on Wednesday held the former government of Pakistan...