Preparing for the ‘petroyuan’? I wonder how long a certain Zoltar Pozsar, New York-based economist and investment research director at Credit ... Published 30 Mar, 2023 06:35am
Business & Finance Thai central bank raises policy rate, more tightening likely BANGKOK: Thailand’s central bank raised interest rates by 25 basis points on Wednesday, as it attempts to bring... Published 30 Mar, 2023 06:35am
Markets Wall St mixed as banking worries ebb NEW YORK: Wall Street struggled for direction on Tuesday as investors weighed receding concerns about a banking... Published 29 Mar, 2023 06:27am
Opinion The economic malaise Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ... Updated 28 Mar, 2023 06:52am
Business & Finance Banking stress brings US closer to recession: Fed’s Kashkari WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US ... Published 27 Mar, 2023 06:15am
Opinion The challenge of rising interest rates While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as... Published 26 Mar, 2023 03:19am
Print Likely hike in policy rate: T-bills RoR soars to 22pc KARACHI: Rate of return on short-term government papers rose to 22 percent on expected hike in the key policy rate ... Updated 24 Mar, 2023 08:53am
Business & Finance Fed lifts key interest rate amid banking sector fears WASHINGTON: The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance... Published 23 Mar, 2023 05:47am
Business & Finance Fed to balance banking woes, inflation in this rate decision WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent... Published 20 Mar, 2023 06:12am
Business & Finance ICCI calls for cut in interest rate ISLAMABAD: Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce & Industry (ICCI) saying that the 20... Published 20 Mar, 2023 06:12am
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
Business & Finance ECB raises rates as planned despite banking turmoil FRANKFURT: The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring... Published 17 Mar, 2023 07:09am
Markets Wall Street tumbles as Credit Suisse sparks fresh bank sell-off NEW YORK: US stocks dropped on Wednesday as turbulence at Credit Suisse revived fears of a banking crisis, eclipsing... Published 16 Mar, 2023 06:01am
BR Research Getting completely priced out? As central banks across the world continue to hike interest rates to rein in inflation (with little to show for it,... Published 15 Mar, 2023 08:40am
Business & Finance Moody’s changes outlook on US banking system to ‘negative’ Moody’s Investors Service on Tuesday revised its outlook on the US banking system to “negative” from “stable”,... Updated 15 Mar, 2023 02:23pm
Print SBP informs Senate panel: Forex’s fall has led to 28.2pc PKR slump in FY23 so far ISLAMABAD: The country’s foreign exchange reserves are at present below one month of imports. This led to an... Updated 12 Mar, 2023 03:54pm
Business & Finance Country to be on brink of default for foreseeable future: FPCCI KARACHI: President of the FPCCI Irfan Iqbal Sheikh has stressed that it is the collective wisdom of the entire... Published 10 Mar, 2023 03:46am
BR Research What’s beyond SLA? The IMF deal is still stuck. The Staff Level Agreement (SLA) is yet to be completed. It’s highly likely that SLA... Published 09 Mar, 2023 07:25am
Markets Most major Gulf stocks slide as Powell spooks markets DUBAI: Most major Gulf stock markets closed lower on Wednesday after hawkish comments by US Federal Reserve Chair... Published 09 Mar, 2023 06:23am
Print Auction for MTBs: Rs1.57trn raised against Rs1.8trn target KARACHI: The returns on short-term government papers rose to 21 percent in the auction held Wednesday, mainly due to... Updated 09 Mar, 2023 08:54am
Business & Finance Scrap shortage crisis compounding: PALSP ISLAMABAD: Due to lack of letters of credits (LCs) being opened, the domestic scrap shortage crisis is compounding... Published 08 Mar, 2023 06:20am
Business & Finance Weak global demand, rate hikes may curtail India growth NEW DELHI: Weak global demand and monetary tightening by the Indian central bank could further drag down economic... Published 06 Mar, 2023 07:38am
Business & Finance Canada economy stalls in 2022 fourth quarter OTTAWA: Canada’s economy stalled at the end of 2022 with zero growth, the government statistical agency said... Published 06 Mar, 2023 07:36am
Opinion Monetary-fiscal history of Latin America: lessons for Pakistan Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a... Published 06 Mar, 2023 06:43am
Editorials MPS: steep rate hike to tame inflation EDITORIAL: In spite of the Monetary Policy Committee’s (MPC’s) decision to raise the discount rate to 20 percent... Published 06 Mar, 2023 06:22am
Business & Finance Economy has nosedived due to poor policies, mismanagement: BMP LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Sunday said... Published 06 Mar, 2023 06:22am
Print Poor nations’ leaders unleash anger, despair Make pointed calls for developed powers to come good with billions of dollars of promised aid to help them escape poverty and battle climate change Updated 06 Mar, 2023 08:41am
Business & Finance Businesspeople assail 300bps hike in interest rate KARACHI: Business community has termed high interest rate disastrous for industries, SMEs. Irfan Iqbal Sheikh,... Published 04 Mar, 2023 07:00am
Opinion Sharp drop in equity premium may mark return of 60/40 portfolio The reward for holding US stocks over Treasury bonds has not been this unattractive since 2004, possibly setting the... Published 04 Mar, 2023 06:39am
Business & Finance Dollar firmer NEW YORK: The dollar strengthened on Thursday after unemployment claims pointed to a strong US jobs market that ... Published 03 Mar, 2023 07:30am
