Monetary policy: chasing vs targeting inflation The statement from Dr. Murtaza Syed, Acting Governor the SBP (State Bank of Pakistan) that monetary policy ‘will... Published 07 Aug, 2022 05:41am
Print Global slowdown fears darken as cost of living bites LONDON/TOKYO: The global economy looks increasingly likely to be heading into a serious slowdown, just as central... Published 23 Jul, 2022 04:10am
Business & Finance Govt urged to use available monetary policy tools wisely LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has said that the... Published 23 Jul, 2022 04:10am
Opinion A cruel IMF programme ‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP... Published 15 Jul, 2022 06:20am
Print IMF agrees to resume loan after much delay $1bn more and 9-month extension of EFF Updated 15 Jul, 2022 10:43am
World US weekly jobless claims rise for second straight week WASHINGTON: The number of Americans filing new claims for unemployment benefits rose for a second straight week last... Published 14 Jul, 2022 07:09pm
Business & Finance ‘Regressive’ monetary policy has brought trade, industry to a standstill: FPCCI KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 13 Jul, 2022 05:48am
Business & Finance PBF rejects hike in policy rate KARACHI: The Pakistan Businesses Forum (PBF) on Thursday rejected the State Bank of Pakistan’s (SBP) decision of... Published 09 Jul, 2022 03:57am
Business & Finance SBP increases key interest rate by 125 basis points, takes it to 15% This is the highest interest-rate level since Nov 2008 Updated 07 Jul, 2022 05:51pm
BR Research Enough belt-‘tightening’ The monetary policy decision is day after tomorrow. Seeing the higher-than-expected inflation in June (at 21.3%)... Published 05 Jul, 2022 09:05am
Markets Wall St Week Ahead-Investors brace for pivotal July after dismal first half NEW YORK: The US stock market is reeling from its worst first half of any year since 1970, with investors girding... Published 03 Jul, 2022 07:41pm
Markets Wall St Week Ahead: Bruised US stock investors brace for more pain in second half of 2022 NEW YORK: With U.S stocks on track to mark their worst first half of the year in more than 50 years, investors are... Published 27 Jun, 2022 06:06am
Business & Finance Stability largely depends on emerging macroeconomic dynamics: SBP KARACHI: The State Bank of Pakistan (SBP) Tuesday said that the financial stability largely depends on emerging... Updated 22 Jun, 2022 10:06am
Business & Finance Yuan set for worst week in a month amid Covid, monetary policy headwinds SHANGHAI: China’s yuan was largely steady against the dollar on Friday but looked set for its biggest weekly drop... Published 13 Jun, 2022 06:19am
Markets Banks, commodity stocks lift European shares PARIS: European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for... Published 07 Jun, 2022 05:47am
Business & Finance Dollar retreats as investors reach for riskier currencies NEW YORK: The US dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as... Published 03 Jun, 2022 05:56am
Opinion Keeping them poor to keep them alive A special report in Business Recorder the other day revealed that it might not suffice to cut subsidies to revive ... Updated 02 Jun, 2022 07:34pm
Editorials The need for across the board sacrifice EDITORIAL: There is overwhelming evidence that in spite of a high growth rate in the current year other ... Published 02 Jun, 2022 06:19am
Print Miftah advocates tight monetary policy ISLAMABAD: The government remains committed to reviving the IMF programme and put Pakistan back on a sustainable... Updated 27 May, 2022 10:04am
Opinion How to avert economic collapse The worst kept secret about the present economic crisis is that it has resulted from our rulers having saddled the... Published 25 May, 2022 04:40am
Markets 150 bps: roughly Rs1,250 added to monthly installments on just a Rs1m loan The State Bank of Pakistan hiked on Monday the key interest rate by 150 basis points (bps), taking it to 13.75%. ... Published 23 May, 2022 07:57pm
Business & Finance SBP raises key interest rate by 150 basis points, takes it to 13.75% This is the highest interest-rate level in 11 years SBP says external pressures remain elevated and inflation outlook has deteriorated due to both home-grown and international factors Updated 23 May, 2022 09:48pm
Markets Monetary policy blues: KSE-100 sheds 1.53%, falls below 43,000 mark Interest rate speculation, stalemate with IMF over revival of IMF programme strike market Updated 23 May, 2022 06:22pm
Business & Finance MPC meeting: Majority polled expect major spike in policy rate Many anticipate rate hike of 100 bps ahead of MPC meeting scheduled for May 23 Updated 17 May, 2022 09:06pm
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
Editorials Tax collection data: a path full of pitfalls EDITORIAL: Total provisional tax collections July-March 2022 have been estimated at 4,858 billion rupees against... Published 09 May, 2022 05:39am
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
Markets PSX remains under pressure KARACHI: Pakistan Stock Exchange remained under pressure during the outgoing week ended on April 28, 2022 on ... Published 02 May, 2022 05:46am
Markets Stock market rangebound KARACHI: Pakistan Stock Exchange Wednesday witnessed a rangebound session as investors opted to offload their... Published 28 Apr, 2022 05:37am
Business & Finance Citigroup sets aside $1.9bn for Russia as US banks report mixed results NEW YORK: Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia’s invasion of Ukraine as... Published 18 Apr, 2022 07:06am