For Biden’s battered approval, ‘nothing else matters’ like inflation Historically low joblessness is the kind of thing American leaders dream of, but President Joe Biden also has... Published 14 Apr, 2022 04:55am
Markets Gold hits 1-month peak as Ukraine, inflation lift appeal LONDON: Gold prices hit a one-month high on Wednesday, as the Russia-Ukraine conflict boosted demand for safe-haven... Published 14 Apr, 2022 04:55am
Business & Finance Sterling edges up in wake of data showing surging UK inflation LONDON: Sterling edged up on Wednesday after briefly dropping to its lowest level against the US dollar since... Published 14 Apr, 2022 04:55am
Business & Finance New Zealand’s central bank raises interest rates to 1.50% WELLINGTON: The Reserve Bank of New Zealand (RBNZ) raised interest rates by a hefty 50 basis points to 1.50% on... Published 13 Apr, 2022 03:55pm
Business & Finance Tesco supermarket warns on profit as inflation bites LONDON: Britain’s biggest retailer Tesco on Wednesday warned that soaring inflation would bite into future profit,... Published 13 Apr, 2022 02:57pm
Business & Finance UK inflation jumps to 30-year high of 7% in March LONDON: British consumer price inflation leapt to 7.0% in March, its highest since March 1992 and up from 6.2% in... Published 13 Apr, 2022 11:50am
Markets Tokyo shares close higher TOKYO: Tokyo shares closed higher Wednesday as Asian markets rose and caution receded over aggressive monetary... Updated 13 Apr, 2022 11:58am
Markets Rupee registers yet another gain, up 0.96% against US dollar Cumulative increase in two sessions clocks in at 2.87% Updated 11 Apr, 2022 05:36pm
Business & Finance Engagement with IMF ‘remains strong’, says Dr Baqir State Bank of Pakistan governor says goal is to complete the work that is necessary to draw the remaining $3 billion from the Washington-based lender Updated 11 Apr, 2022 05:38pm
Pakistan SBP governor confident recent measures will help market sentiment Says falling foreign exchange reserves concerning, but central bank has moved to arrest deterioration Updated 09 Apr, 2022 07:43pm
World Sri Lanka doubles interest rates to tame inflation as crisis bites COLOMBO: Sri Lanka’s central bank doubled its key interest rates on Friday, raising each by an unprecedented 700... Published 09 Apr, 2022 04:39am
Markets Nasdaq, S&P 500 slide as higher yields hit growth stocks NEW YORK: The Nasdaq and the S&P 500 fell on Friday, dragged down by growth and technology stocks as US Treasury... Published 09 Apr, 2022 04:39am
Business & Finance India holds rates but starts to rein in loose policy as inflation risks rise MUMBAI: The Reserve Bank of India said on Friday it is starting to move away from its ultra-loose monetary policy... Published 09 Apr, 2022 04:39am
Business & Finance ‘Rise in interest rates to bring another storm of inflation’ LAHORE: Traders and industrialists on Friday expressed concern over the rise in interest rates by State Bank of... Published 09 Apr, 2022 04:39am
Markets Dollar index touches 100 for first time in nearly two years LONDON: The US dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the... Published 08 Apr, 2022 02:05pm
Business & Finance Japan's March wholesale inflation seen at record on soaring commodity costs TOKYO: Japan's wholesale prices likely stayed at a record high in March, a Reuters poll showed on Friday, in a sign... Published 08 Apr, 2022 11:35am
Business & Finance Inflation and external stability: Policy rate hiked to 12.25pc at MPC emergency meeting KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its emergency meeting, held on... Updated 08 Apr, 2022 10:25am
Business & Finance Japan households projecting higher inflation hits 14-year high TOKYO: The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a... Published 07 Apr, 2022 10:37am
Print Inflation likely to pick up: FY22 growth rate projected to slow to 4pc YoY ISLAMABAD: Pakistan’s GDP growth rate is projected to slow to four percent in fiscal year 2022 from 5.6 percent in... Published 07 Apr, 2022 05:15am
Markets Russia-Ukraine war to slow 2022 growth in developing Asia: ADB MANILA: Growth in developing Asia will likely be slower this year than previously thought, the Asian Development ... Published 06 Apr, 2022 11:17am
Opinion More and more bad news Pakistan finds itself increasingly in a quagmire. The economy was hit severely first after March 2020 by the... Published 05 Apr, 2022 05:38am
BR Research In the eye of storm! Amidst ominous political developments in the capital, the monthly inflation reading from PBS seems to have fallen on... Published 04 Apr, 2022 07:46am
BR Research CPI roundup The headline inflation clocked at 12.7 percent in March 2022, and 9M average is at 10.8 percent –hovering around... Published 04 Apr, 2022 07:44am
Markets Commodities, banks help European shares rise amid gas supply worries LONDON: European shares rose on Friday as a rally in commodity-linked and bank stocks helped outweigh worries about... Published 04 Apr, 2022 05:38am
Business & Finance March CPI inflation up 12.7pc YoY ISLAMABAD: The Consumer Price Index (CPI) inflation increased by 12.7 percent on year-on-year basis in March 2022 as... Published 02 Apr, 2022 04:14am
Markets March: Pakistan's inflation reading rises to 12.7% Average inflation during 9MFY22 stands at 10.75% Updated 01 Apr, 2022 07:37pm
Business & Finance Price stability, inflation: official speaks about SBP’s primary responsibilities ISLAMABAD: The State Bank of Pakistan’s primary goal, after the recent amendment in Section 4B of SBP Act 1956, is... Published 01 Apr, 2022 05:41am
Markets Gold heads for best quarter in six on Russia-Ukraine war LONDON: Gold was on course to post its biggest quarterly gain since September 2020 as the safe-haven metal’s ... Published 01 Apr, 2022 05:41am
Markets India to more than double price of locally produced gas NEW DELHI: India will more than double the price of natural gas from Friday for the first half of this fiscal year,... Published 31 Mar, 2022 05:11am
Business & Finance Energy prices push Spanish inflation to 37-year high MADRID: Spanish inflation has surged to a near 37-year high due to soaring energy prices following Russia’s invasion... Published 30 Mar, 2022 01:54pm