KSE-100 snaps 7-session rally as profit-taking kicks in Selling pressure drags benchmark index below 61,000 after it hits record high during trading Updated 29 Nov, 2023 09:35pm
Business & Finance Telecom sector facing multiple challenges ISLAMABAD: Pakistan telecom market is currently navigating a transformed business landscape characterised by various... Published 29 Nov, 2023 05:09am
Markets Pakistan’s KSE-100 has seen a record year, but how far can the bull run? Experts say upside still available, but dependent on several factors Updated 23 Nov, 2023 07:34pm
Editorials SBP Vision 2028 EDITORIAL: It’s easy to lose one’s way in the complex and sometimes deliberately vague language of financial... Published 22 Nov, 2023 05:48am
Business & Finance US dollar drops to six-week low NEW YORK: The dollar fell to a six-week low on Friday, after data showed the world’s largest economy created fewer... Published 04 Nov, 2023 06:00am
Markets Wall St rallies over 1pc on bets of peak US interest rates NEW YORK: Wall Street’s main stock indexes rallied on Thursday on hopes that the US Federal Reserve had reached ... Published 03 Nov, 2023 06:11am
Markets Wall St gains as yields slip in run-up to Fed decision NEW YORK: Wall Street climbed on Wednesday with investors optimistic about the Federal Reserve keeping interest ... Published 02 Nov, 2023 03:15am
Business & Finance July to Oct: LCCI praises FBR for achieving Rs2.75trn collection LAHORE: President of the Lahore Chamber of Commerce & Industry, Kashif Anwar, has commended the Federal Board of... Published 02 Nov, 2023 03:15am
Business & Finance SBP keeps key policy rate unchanged at 22% In line with the wider market consensus, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP)... Updated 30 Oct, 2023 07:53pm
Business & Finance Eurozone banks tighten credit standards further: ECB FRANKFURT: Eurozone banks tightened lending criteria further in the third quarter as higher interest rates bite, a... Published 30 Oct, 2023 05:24am
Business & Finance Rouble hits over 6-week high MOSCOW: The rouble leapt to a more than six-week high against the dollar on Friday after the Bank of Russia hiked... Published 30 Oct, 2023 05:24am
Business & Finance Monetary policy announcement due on Monday, market places faith in status quo The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, October 30, 2023 at SBP... Published 29 Oct, 2023 02:00am
Markets Goldman’s analysts say Pak rupee rally to be ‘short lived’: report Analysts at Goldman Sachs Group Inc, a global investment bank and financial services company, have warned that gains... Updated 26 Oct, 2023 10:44pm
BR Research HBL’s record quarter – again! Record-high interest rates crippling private sector credit demand? Check. All-time high consumer price index eroding... Published 26 Oct, 2023 07:47am
Business & Finance PALSP urges SBP to lower interest rates ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) is urgently calling upon the State Bank of Pakistan... Published 26 Oct, 2023 06:08am
Business & Finance Interest rates to stay high, dampen growth: IMF LONDON: The head of the International Monetary Fund said on Wednesday that international cooperation in a divided... Published 26 Oct, 2023 06:08am
Pakistan Brokerage house expects status quo in upcoming MPC meeting The State Bank of Pakistan (SBP) is expected to keep the key policy rate unchanged in its upcoming Monetary Policy... Published 20 Oct, 2023 05:06pm
Business & Finance PTCL Group posts double-digit revenue growth KARACHI: Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services providers in the... Published 18 Oct, 2023 06:09am
BR Research Rice: leveraged exports bottom out High interest rates effectively reveal what economic growth looks like in a credit starved economy. During FY22,... Published 12 Oct, 2023 08:28am
Print SBP explains hike in interest rates ISLAMABAD: There is a critical need to bring inflation down so as to insulate public from the regressive ‘inflation... Updated 08 Oct, 2023 10:26pm
Business & Finance US logs fastest hiring pace in months WASHINGTON: US employers stepped up their hiring pace unexpectedly in September while unemployment held steady,... Published 07 Oct, 2023 06:01am
Business & Finance Australia, NZ dollars in holding pattern ahead of US payrolls data SYDNEY: The Australian and New Zealand dollars were marking time ahead of the all-important US non-farm payrolls ... Published 07 Oct, 2023 06:01am
Business & Finance Russian central bank: high rates likely needed throughout 2024 MOSCOW: Russia will probably need to keep interest rates high throughout 2024, the Bank of Russia’s Deputy Governor... Published 03 Oct, 2023 04:58pm
Business & Finance US manufacturing sector nears recovery; construction spending solid WASHINGTON: US manufacturing took a step further towards recovery in September as production picked up and ... Updated 03 Oct, 2023 06:43am
Business & Finance High interest rates sap innovation investment: UN GENEVA: Funding of innovation is becoming increasingly uncertain, with high interest rates taking a toll on the... Published 28 Sep, 2023 05:33am
Print Policy rate kept unchanged on economic indicators: SBP official KARACHI: The latest episode of the SBP Podcast series offers insights into the factors leading to the decision,... Updated 24 Sep, 2023 09:14am
Markets Nasdaq, S&P hit 1-month lows as rate worries lift yields NEW YORK: The S&P 500 and the Nasdaq dropped to a more than one-month low on Thursday as a jump in Treasury... Published 22 Sep, 2023 03:33am
Business & Finance Dollar edges up vs pound, euro on Fed support NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ... Published 22 Sep, 2023 03:33am
Opinion ‘Early warning signs’ This is apropos a Business Recorder op-ed “Early warning signs” carried by the newspaper yesterday. The writer,... Published 20 Sep, 2023 06:28am
Business & Finance OECD sees ‘sub-par’ growth as high rates bite PARIS: The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as... Published 20 Sep, 2023 06:28am