Concerns of rating agencies on external side addressed ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Saturday addressed concerns of the rating... Updated 21 Apr, 2024 09:19am
Business & Finance To cut or not to cut: SBP might opt for caution in monetary policy Reports by two brokerage houses suggest Pakistan's central bank poised to maintain cautious policy stance Published 19 Apr, 2024 08:15pm
Opinion EFF programme, non-inflationary economic growth, and counter-cyclical policy approach A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very... Published 19 Apr, 2024 05:07am
Business & Finance Number of credit card users drops due to high interest rates, emergence of alternate products KARACHI: The number of credit card users is on decline in the country due to the higher interest rate and emergence... Published 03 Apr, 2024 05:29am
World Japan’s mixed inflation picture complicates BOJ rate hike path TOKYO: Japan’s business-to-business service prices continued to rise steadily but a key measure of trend inflation... Published 27 Mar, 2024 04:38am
Business & Finance Bank of England holds interest rate at 16-year high LONDON: The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as... Published 21 Mar, 2024 05:53pm
Business & Finance Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still... Published 20 Mar, 2024 11:13pm
Print Mixed expectations: MPS on 18th KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with... Updated 13 Mar, 2024 09:42am
Markets Brokerage house sees ‘strong possibility’ of policy rate cut of 100bps in upcoming MPC A brokerage house sees “strong possibility” that the State Bank of Pakistan (SBP) may cut the key policy rate by 100... Updated 12 Mar, 2024 10:38pm
BR Research Rate cut in the offing? The bond market is expecting a rate cut soon while the forex players are expecting the currency to be under... Published 08 Mar, 2024 09:14am
Markets Europe’s STOXX 600 rises on miners, tech support PARIS: Europe’s benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while... Published 28 Feb, 2024 06:10am
Markets Europe’s STOXX 600 falls at start of inflation data-driven week PARIS: Europe’s benchmark stock index dropped on Monday, led by miners, with investors bracing for crucial... Published 27 Feb, 2024 03:06am
Business & Finance ECB books first loss since 2004 as rate hikes bite FRANKFURT: The European Central Bank said Thursday its series of interest rate hikes had led it to a loss in 2023,... Published 23 Feb, 2024 06:36am
Business & Finance Dollar drifts higher NEW YORK: The dollar edged higher against the euro and other major currencies on Monday as investors braced for data... Published 13 Feb, 2024 05:59am
Markets Bitcoin hits $50k level for first time in more than two years WASHINGTON/ LONDON: Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest... Published 13 Feb, 2024 05:59am
Business & Finance US Fed official warns against cutting rates too soon WASHINGTON: It would be a “mistake” for the US Federal Reserve to start cutting interest rates too soon, despite... Published 07 Feb, 2024 05:30am
Opinion PBS needs a makeover Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets... Published 05 Feb, 2024 06:08am
Business & Finance Dollar jumps after strong jobs report NEW YORK: The US dollar index jumped to a seven-week high on Friday after data showed that employers added far more... Published 03 Feb, 2024 05:46am
Markets Oil prices buoyed by US signals on interest rate cuts NEW YORK: Oil prices edged higher on Thursday, boosted by the US Federal Reserve signalling a possible start to... Published 02 Feb, 2024 05:20am
Business & Finance Asian FX wobbles after Fed holds interest rates steady BENGALURU: Asian currencies struggled for a clear direction on Thursday as investors assessed signals from the US... Published 02 Feb, 2024 05:20am
Business & Finance UBG leaders criticise maintaining interest rate at 22pc KARACHI: The industrial sector has criticized the central bank for maintaining the policy rate at 22 percent, saying... Published 31 Jan, 2024 05:22am
Business & Finance Need stressed to reduce interest rate KARACHI: Sheikh Umar Rehan, the former President of the Korangi Association of Trade and Industry (KATI), has... Published 26 Jan, 2024 04:58am
Business & Finance SBP’s monetary policy committee to meet on January 29 The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 29, 2024 to... Updated 23 Jan, 2024 09:38pm
Markets European shares slide more than 1pc on hawkish ECB remarks PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials... Published 18 Jan, 2024 05:54am
Markets Copper weakens as dollar climbs amid strong inflation LONDON: Copper prices retreated on Thursday from session highs as the dollar climbed after strong inflation data ... Published 12 Jan, 2024 03:06am
Markets European shares fall as hot US inflation data rains on rate-cut hopes PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of... Published 12 Jan, 2024 03:06am
Business & Finance Govt borrows Rs283bn thru MTB auction KARACHI: The federal government borrowed Rs 283 billion in the Market Treasury Bills auction held on Wednesday.... Published 11 Jan, 2024 06:15am
Opinion Bullish and bearish norms on PSX When the bulls took over the PSX in the last week of June 2023, few expected their run to continue unbroken for six... Published 04 Jan, 2024 05:41am
Markets Australian shares post best monthly gain in 3 years SYDNEY: Australian shares closed lower in thin trading on Friday but posted a yearly gain, helped by a rally in... Published 01 Jan, 2024 05:40am
Pakistan ECC approves Rs55bn EOBI budget ISLAMABAD: The Economic Coordination (ECC) of the Cabinet has approved Rs55,000 million Employees’ Old-Age ... Published 30 Dec, 2023 06:28am
