Time to act: 9 cents/kWh The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to... Updated 15 May, 2024 06:28am
Markets Wall St climbs after jobless claims data spurs rate-cut bets NEW YORK: The main US stock indexes rose on Thursday as weekly jobless claims data offered fresh evidence of a... Published 10 May, 2024 04:17am
Opinion Inflation expectations: normalcy in sight? The recent data points and trends suggest that inflation is likely to come down at a faster pace than expected. This... Updated 06 May, 2024 07:04am
Business & Finance Unchanged interest rates: SBP decision disappoints business community KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum ... Published 03 May, 2024 06:29am
BR Research Rate cut – maybe next time! SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It... Published 30 Apr, 2024 08:55am
Business & Finance Fed to meet amid dwindling hopes of summer rate cuts WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as... Updated 29 Apr, 2024 09:20am
Business & Finance Gopinath says high US demand fueling growth, higher interest rates WASHINGTON: The United States needs to raise revenues to bring down high budget deficits even though they are ... Published 21 Apr, 2024 04:10am
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
Business & Finance ECB holds rates at record highs, signals upcoming cut FRANKFURT: The European Central Bank kept interest rates at record highs on Thursday but sent an even clearer signal... Published 11 Apr, 2024 07:36pm
Business & Finance ECB seen holding interest rates one last time FRANKFURT: The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but... Published 11 Apr, 2024 10:54am
World US consumer prices accelerate; seen delaying Fed rate cut Third straight month of strong consumer price readings followed on the heels of news last week that job growth accelerated in March Updated 12 Apr, 2024 09:28am
Business & Finance Bank of Canada: can’t cut rates until it sees more inflation progress OTTAWA: The Bank of Canada (BoC) kept its key interest rate unchanged at a near 23-year high of 5% on Wednesday and... Published 10 Apr, 2024 07:58pm
Business & Finance US Fed official now sees just one rate cut at end of 2024 WASHINGTON: The current strength of the US economy means the Federal Reserve should cut interest rates just once... Published 03 Apr, 2024 09:50pm
Business & Finance T-bills witness highest USD inflows after 4 years KARACHI: Finally, with high local interest rates and stable Pak rupee, smart foreign investors are investing in... Updated 03 Apr, 2024 09:21am
World Sri Lanka cuts key interest rates, seeks China deal COLOMBO: Sri Lanka’s central bank cut interest rates Tuesday as the prime minister visited China seeking a debt... Published 27 Mar, 2024 04:38am
BR Research LSM: Still in red, just The Large-Scale Manufacturing (LSM) Index, on a cumulative basis, stayed negative for the 19th straight month, as... Published 18 Mar, 2024 08:17am
Business & Finance Business community leader advocates cut in interest rates KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 17 Mar, 2024 02:49am
Business & Finance Fed divided on risk of cutting rates too soon WASHINGTON: The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too... Published 23 Feb, 2024 06:36am
Markets National Saving Schemes: CDNS reduces rates of return on majority instruments The Central Directorate of National Savings (CDNS) has again revised the rates of return on majority of its National... Updated 21 Feb, 2024 10:05pm
Business & Finance ‘No request made for help for re-profiling or restructuring of industrial loans’: PALSP ISLAMABAD This refers to erroneous reporting, perhaps due to an error in the minutes of the meeting floated by the... Published 16 Feb, 2024 06:02am
Business & Finance ABL demonstrates resilience, achieves significant growth KARACHI: Despite high interest rates and challenging economic conditions, Pakistan’s banking sector demonstrated... Published 16 Feb, 2024 06:02am
Business & Finance IMF says central banks should not rush into rate cuts WASHINGTON: The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon... Published 03 Feb, 2024 05:46am
Business & Finance BoE puts high rates ‘under review’ LONDON: The Bank of England kept interest rates at a nearly 16-year high on Thursday but opened up the possibility ... Published 02 Feb, 2024 05:20am
Business & Finance Asian currencies hit multi-month lows BENGALURU: Most Asian currencies hit multi-month lows on Wednesday, after the US dollar received a boost from bets... Published 01 Feb, 2024 04:52am
Business & Finance Fed holds rates steady WASHINGTON: The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering... Published 01 Feb, 2024 04:52am
Business & Finance KATI President criticises decision to maintain interest rate KARACHI: Johar Ali Qandhari, the newly elected President of the Korangi Association of Trade and Industry (KATI), ... Published 31 Jan, 2024 05:22am
Business & Finance Industrial sector slams SBP for keeping policy rate unchaged KARACHI: Industrial sector has criticised the central bank for maintaining the policy rate at 22 percent as it is... Published 31 Jan, 2024 05:22am
Print ECB keeps rates unchanged FRANKFURT: The European Central Bank kept interest rates unchanged at a record-high 4% as expected on Thursday and... Updated 26 Jan, 2024 09:55am
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
Business & Finance Business community demands cut in interest rates PESHAWAR: Members of the business community urged the government and State Bank of Pakistan to cut interest rate to... Published 21 Jan, 2024 03:10am
