Slump in industrial production There is no end to the bad news on the on-going performance of the economy of Pakistan. Now we have been informed by... Updated 23 May, 2023 06:36am
Print May-July: govt intends to borrow record Rs9.4trn Presently, government is the single largest borrower from commercial banks Updated 13 May, 2023 02:47pm
Editorials Banks, not savers, get paydays from deposits? EDITORIAL: In a rising interest rate environment, some commercial banks have been trying to forcefully convert the... Published 08 May, 2023 06:40am
Opinion Interest rates: no more room for tightening Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both... Published 08 May, 2023 06:40am
Business & Finance HSBC profit rockets on rising interest rates LONDON: Global banking giant HSBC reported Tuesday a surge in quarterly net profit, boosted by rising interest rates... Published 08 May, 2023 06:40am
Business & Finance Lloyds bank says profits soar on higher interest rates LONDON: Britain’s Lloyds Banking Group said Wednesday that net profit jumped almost 50 percent in the first... Published 08 May, 2023 06:40am
Opinion Critical economic challenges Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year... Published 05 May, 2023 06:44am
Markets European shares end lower as ECB slows rate hikes PARIS: European shares ended Thursday lower after the European Central Bank eased the pace of its interest rate ... Published 05 May, 2023 06:44am
Markets Oil up slightly after smaller ECB hike NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest... Published 05 May, 2023 06:44am
Markets Copper drifts higher on possible Fed pause LONDON: Copper prices edged up on Thursday after the US central bank signalled a pause on rate hikes, but gains were... Published 05 May, 2023 06:44am
Business & Finance Dollar gains, euro dips after cautious ECB NEW YORK: The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day... Published 05 May, 2023 06:44am
Business & Finance ECB slows rate hike pace but signals more to come FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more... Published 05 May, 2023 06:44am
Markets Most Gulf markets fall as Fed seen hiking rates BENGALURU: Most stock markets in the Gulf ended lower on Monday, weighed down by expectations the Federal Reserve... Published 02 May, 2023 05:59am
Business & Finance ‘Pakistan facing difficult situation due to external debt’ KARACHI: Pakistan from the point of view of external debt is facing real difficult situation as it is among the 15... Published 28 Apr, 2023 06:08am
Print Central banks signal end of bank turmoil FRANKFURT/LONDON/TOKYO: The world’s top central banks are cutting the frequency of their dollar liquidity operations... Updated 26 Apr, 2023 08:50am
Business & Finance Top Fed official sees rates rising and staying high WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle... Published 22 Apr, 2023 03:38am
Opinion The IMF projections The IMF has made projections for 2023 and a number of subsequent years at the global and country level in its latest... Updated 18 Apr, 2023 07:21am
Opinion Debt – a source of rising concern During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ... Published 17 Apr, 2023 06:41am
Business & Finance HCSTSI flays increase in interest rate HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) Muhammad Farooq Shaikhani ... Published 10 Apr, 2023 06:45am
Opinion Economic impasse and govt procrastination The country’s central bank has further hiked key policy rate by 100 basis points to a record 21 percent with a ... Updated 07 Apr, 2023 06:48am
Business & Finance FPCCI, LCCI agree to jointly raise voice for better business environment LAHORE: President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on... Published 07 Apr, 2023 06:06am
World IMF chief calls on central banks to continue inflation fight WASHINGTON: Central banks around the world should keep battling inflation by hiking interest rates despite ongoing... Published 07 Apr, 2023 12:18am
Editorials The policy rate challenge EDITORIAL: The Monetary Policy Committee raised the policy rate by one percent - to 21 percent - thereby linking the... Published 06 Apr, 2023 06:20am
Business & Finance KATI chief assails interest rate hike KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has rejected the decision of... Published 06 Apr, 2023 06:20am
Opinion Public debt distress The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the... Updated 05 Apr, 2023 06:43am
Business & Finance Policy rate hiked to 21pc to bridle unbridled inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday further tightened the... Updated 05 Apr, 2023 08:51am
Editorials SBP’s dilemma: battered economy, high inflation EDITORIAL: The SBP (State Bank of Pakistan) is scheduled to announce its monetary policy on 4th April. According to... Updated 03 Apr, 2023 12:45pm
Print SBP seen raising key rate to record 22pc as inflation bites KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, April 04, 2023 at... Updated 01 Apr, 2023 08:48am
Opinion SDR allocation, monetary tightening, inflation, and banking crisis While the International Monetary Fund (IMF) continues to not provide a much-needed special drawing rights (SDRs)... Published 31 Mar, 2023 06:45am
Business & Finance Repeated hikes in interest rate to hit trade badly: LCCI LAHORE: The Lahore Chamber of Commerce and Industry has expressed fears that sharp and repeated hikes in interest... Published 31 Mar, 2023 06:45am
