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OECD

One in five children in rich countries lives in poverty: UNICEF

UNITED NATIONS: Sixty-nine million children – or more than one in five – live in poverty in the world’s 40 richest...

Published 06 Dec, 2023 10:55am

Business & Finance

OECD trims global growth forecast

PARIS: The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its...

Published 30 Nov, 2023 04:53am

World

Global growth to slow but avoid a hard landing: OECD

PARIS: The global economy will slow slightly next year but the risk of a hard landing has subsided despite high...

Published 29 Nov, 2023 04:55pm

World

UN vote challenges OECD global tax leadership

PARIS: The Organisation for Economic Cooperation and Development’s leadership on global tax coordination has come...

Published 24 Nov, 2023 05:29am

World

Rich nations ‘likely’ met $100bn climate finance goal: OECD

PARIS: Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations...

Published 17 Nov, 2023 06:06am

World

Rich nations ‘likely’ met $100bn climate finance goal: OECD

PARIS: Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations...

Published 16 Nov, 2023 05:31pm

Opinion

FATF strategic initiatives & Pakistan

The fourth, three-day plenary session of the Financial Action Task Force (FATF) concluded on October 27, 2023, with...

Updated 03 Nov, 2023 07:12am

Markets

OPEC sees oil demand growth continuing until 2045

PARIS: Despite mounting efforts to limit climate change, the OPEC oil cartel said Monday it expects demand for crude...

Published 09 Oct, 2023 01:50pm

Opinion

Our planet is choking on plastic

According to the UNEP, 3.3 million tons of plastic waste is produced in Pakistan each year. 250 million tons of...

Updated 26 Sep, 2023 07:16am

Opinion

Immovable fixed asset valuation and equity formation

We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ...

Published 21 Sep, 2023 07:02am

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

Opinion

Pakistan’s uphill battle: navigating the complexities of climate change

As the world clamours for unified action to combat the ever-pressing specter of climate change, Pakistan stands at a...

Updated 15 Sep, 2023 07:33am

Markets

Goldman says oil stock draws cut bearish risk to Brent price

Goldman Sachs sees less of a downside risk to oil prices from higher-than-expected inventories, noting that lower...

Published 23 Aug, 2023 12:31pm

Opinion

Broadening the tax net — I: A solution to taxation woes?

In recent years the word “narratives’ and the phrase “narrative building” have come to occupy a prominent...

Published 14 Aug, 2023 06:29am

Opinion

Wheat can rescue Pakistan!

Russia is weaponizing wheat again. Back in March 2022, the world’s TV screens carried images of burning wheat...

Published 03 Aug, 2023 05:54am

Technology

Countries agree to extend digital services tax freeze through 2024

PARIS: With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for...

Published 17 Jul, 2023 03:47am

World

G7 finance chiefs to meet July 16, will discuss Ukraine, global taxation

Financial leaders from the Group of Seven (G7) advanced countries will hold talks on July 16 on the sidelines of the...

Published 14 Jul, 2023 10:29am

World

G20 to discuss international debt architecture, more loans to developing nations

NEW DELHI: Global finance chiefs will meet in India next week to discuss increasing loans to developing nations from...

Published 13 Jul, 2023 01:55pm

World

27% of jobs at high risk from AI revolution, says OECD

PARIS: More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming...

Published 11 Jul, 2023 07:31pm

World

Swiss voters approve global minimum corporate tax, climate goals

ZURICH: Swiss voters voted on Sunday to introduce a global minimum tax on businesses and a climate law that aims to...

Published 19 Jun, 2023 06:55am

World

Amid melting glaciers, Swiss vote on new climate law

GENEVA: The Swiss, feeling the impact of global warming on their rapidly melting glaciers, were voting on Sunday on...

Published 18 Jun, 2023 10:35am

Business & Finance

OECD sees limited growth pick-up as rate hikes weigh

PARIS: Global economic growth will pick up only moderately over the next year as the full effects of central bank...

Published 08 Jun, 2023 06:30am

World

UK PM Sunak: It's on me personally to meet pledge to halve inflation

WASHINGTON: British Prime Minister Rishi Sunak said on Wednesday he would take personal responsibility if he fails ...

Published 07 Jun, 2023 10:56pm

Business & Finance

OECD slightly raises world GDP growth forecast to 2.7%

PARIS: The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China...

Published 07 Jun, 2023 12:47pm

World

OECD sees slower 2024 rebound for Germany as climate challenges mount

BERLIN: The German economy is expected to recover more slowly next year than previously forecast as the need for...

Published 08 May, 2023 06:24pm

Markets

OPEC cites risks to summer oil outlook as backdrop to shock cut

LONDON: OPEC on Thursday flagged downside risks to summer oil demand as part of the backdrop to output cuts ...

Published 15 Apr, 2023 06:19am

Business & Finance

OECD team visits FBR Headquarters

ISLAMABAD: The Directorate General of International Taxes, Federal Board of Revenue, received Global Forum’s ...

Published 21 Mar, 2023 06:29am

Business & Finance

OECD hikes growth outlook

PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising...

Published 18 Mar, 2023 06:14am

World

OECD raises global growth forecast but recovery ‘fragile’

PARIS: The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid...

Published 17 Mar, 2023 06:55pm

Markets

Oil regains some ground after Credit Suisse lifeline

LONDON: Oil prices clawed back some ground on Thursday, recovering from the previous session’s 15-month lows, as...

Updated 16 Mar, 2023 05:31pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 7 786 Investments Limited(786)	5.47 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 7 Al-Abbas Sugar Mills Limited(AABS)	525 ▼ 0.00 (0.00%)
Agro Allianz / Dec 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 7 Allied Bank Limited(ABL)	84.35 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 7 Abbott Laboratories (Pakistan) Limited(ABOT)	491.50 ▼ 0.00 (0.00%)
Abson Ind. / Dec 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 7 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 7 Attock Cement Pakistan Limited(ACPL)	107.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 7 786 Investments Limited(786)	5.47 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 7 Al-Abbas Sugar Mills Limited(AABS)	525 ▲ 0.00 (0.00%)
Agro Allianz / Dec 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 7 Allied Bank Limited(ABL)	84.35 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 7 Abbott Laboratories (Pakistan) Limited(ABOT)	491.50 ▲ 0.00 (0.00%)
Abson Ind. / Dec 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 7 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 7 Attock Cement Pakistan Limited(ACPL)	107.42 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	143,664,783 ▲ 0.00
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	56,892,842 ▲ 0.00
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	54,500,000 ▲ 0.00
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	42,648,059 ▲ 0.00
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,324,615 ▲ 0.00
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	34,098,148 ▲ 0.00
The Searle Co. / Dec 7 The Searle Company Limited(SEARL)	28,896,273 ▲ 0.00
Oil & Gas Dev. / Dec 7 Oil & Gas Development Company Limited(OGDC)	28,693,019 ▲ 0.00
Ghani Global Holding / Dec 7 Ghani Global Holdings Limited(GGL)	25,361,208 ▲ 0.00
Treet Corp. (R) / Dec 7 Treet Corporation Limited (R)(TREETR2)	24,493,445 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.17
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 6	5.47

Stock	Volume
S&P 500 / Dec 6	4549.34
India Sensex / Dec 6	69653.73
Tokyo Nikkei / Dec 6	33181.13
Nasdaq / Dec 6	14146.71
Hang Seng / Dec 6	16463.26
FTSE 100 / Dec 6	7515.38
Dow Jones / Dec 6	36054.43
Germany DAX 30 / Dec 6	16656.44
France CAC40 / Dec 6	7435.99

Item	Value
Crude Oil USD/Barrel / Dec 6	69.60
Karachi Cotton PKR/37.32 KG / Dec 6	17235
Gold 10 Grams PKR / Dec 6	186986
Gold Spot USD/Ounce / Dec 6	2027.13
Cotton US¢/pound / Dec 6	79.75

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