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OECD

OECD upgrades global growth outlook

NEW YORK: The global economy is growing faster than expected only a few months ago thanks to resilient US activity...

Published 03 May, 2024 06:29am

Markets

Asia’s crude oil imports slip in April, trail OPEC forecasts: Russell

LAUNCESTON: Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed...

Published 02 May, 2024 11:04am

World

US negotiating R&D tax credit as part of global tax deal: Yellen

WASHINGTON: Treasury Secretary Janet Yellen said on Tuesday that the United States is in talks with other countries...

Published 01 May, 2024 04:14am

Pakistan

AEOI: OECD team undertakes onsite assessment

ISLAMABAD: An assessment team of the Organization of Economic Cooperation and Development (OECD) Global Forum on...

Published 27 Apr, 2024 05:03am

Markets

IEA trims oil demand forecast on weakness in wealthier countries

LONDON: The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing...

Published 12 Apr, 2024 02:10pm

World

OECD ups world growth forecast but sees Middle East ‘risk’

PARIS: The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed...

Published 05 Feb, 2024 05:45pm

Profits arising from CDC, CSC, THC connected to operations of ships in international traffic: SC

ISLAMABAD: The Supreme Court held that profits arising from container detention charges (CDC), container service...

Updated 28 Jan, 2024 05:59pm

World

World’s five richest men doubled their fortunes since 2020: Oxfam

DAVOS, Switzerland: The world’s wealthiest five men have more than doubled their fortune since 2020, the charity...

Published 16 Jan, 2024 05:44am

Pakistan

CCP chairman attends OECD’s Global Forum on Competition

ISLAMABAD: Chairman Competition Commission of Pakistan (CCP) Dr Kabir Ahmed Sidhu participated in the Global Forum ...

Published 26 Dec, 2023 04:30am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Business & Finance

OECD sees long-term growth prospects almost halving in major economies

PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,...

Published 15 Dec, 2023 03:12am

World

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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