Policy rate hiked by 300bps to 20pc to tame inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key... Updated 03 Mar, 2023 08:53am
Print Steel industry concerned at interest rate hike ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability... Updated 03 Mar, 2023 09:01am
Print Overnight Reverse Repo (Ceiling) rate fixed at 21pc KARACHI: As the State Bank of Pakistan (SBP) has decided to increase “Policy Rate” (Target Rate) from 17 percent... Updated 03 Mar, 2023 09:00am
Markets Oil rises on Chinese demand but European rate hike fears weigh NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the... Updated 03 Mar, 2023 07:33am
Markets SBP raises key interest rate by 300bps, takes it to 20% Monetary Policy Committee expects inflation to rise further in the next few months Also moves next MPC meeting to April 4 from April 27 Updated 02 Mar, 2023 09:20pm
Opinion Past the point of no return! For weeks noted economists and economic researchers have cited numerous indicators, like low foreign exchange... Updated 02 Mar, 2023 06:51am
Print MPC to meet today KARACHI: The emergent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be ... Updated 02 Mar, 2023 09:13am
Print MPC to meet tomorrow: Hike in policy rate on the cards? KARACHI: The SBP’s Monetary Policy Committee (MPC) meeting has preponed and now it will be held on March 02, 2023... Updated 01 Mar, 2023 09:10am
Markets Oil slips 1pc on worries about more US interest rate hikes NEW YORK: Oil prices slid about 1% on Monday as strong US economic data had investors bracing for more interest rate... Published 28 Feb, 2023 07:13am
Business & Finance Dollar drops after recent gains NEW YORK: The dollar tumbled from a seven-week high on Monday, tracking declines in US Treasury yields, as investors... Published 28 Feb, 2023 07:12am
Print SBP decides to convene emergent MPC meeting this week KARACHI: The State Bank of Pakistan (SBP) has decided to convene an emergency meeting of the Monetary Policy... Updated 28 Feb, 2023 09:39am
Business & Finance Lloyds bank profits dip on bad-debt charge LONDON: Britain’s Lloyds Banking Group on Wednesday logged a drop in net profit last year as a large charge to... Published 27 Feb, 2023 07:42am
Opinion Should the MPC meeting be preponed? The most concerning and alarming element in the macro numbers is that inflation is growing out of control. Food... Published 27 Feb, 2023 06:17am
Opinion Outsourcing govt borrowing! On Friday Feb 24, a news report appeared in this newspaper that the ministry of finance (MoF) is working on a plan ... Published 27 Feb, 2023 06:17am
Business & Finance Taiwan revises down 2023 GDP growth forecast on export slump TAIPEI: Taiwan’s trade-dependent economy is likely to grow more slowly this year than previously forecast, hit by ... Published 27 Feb, 2023 06:17am
Business & Finance China economy to rebound in 2023 under ‘precise, forceful monetary policy’ BEIJING: China’s economy is expected to generally rebound in 2023 and monetary policy will be precise and... Published 27 Feb, 2023 06:17am
Business & Finance Fed’s preferred inflation gauge up WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while... Published 25 Feb, 2023 06:42am
Print SBP injects Rs1.8trn into market KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1.8 trillion into the market to provide liquidity to... Updated 25 Feb, 2023 01:27pm
Business & Finance NBGP concerned at interest rate hike reports KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,... Published 25 Feb, 2023 06:23am
Markets Wall St falls as rate worries outweigh Nvidia cheer NEW YORK: US stock indexes slipped on Thursday as investors worried that a resilient economy would give the Federal... Published 24 Feb, 2023 06:00am
Business & Finance Next MPC meeting so far scheduled on March 16, says SBP SBP chief spokesperson's statement comes amid widespread speculation the central bank is likely to increase interest rate in off-cycle review Published 23 Feb, 2023 08:38pm
Opinion Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Print Rs346.745bn bids received at auction for MTBs: Interest rate on short-term govt papers soars to 19.95pc Market seems to be expecting a significant increase in interest rates, as is evident from the participation Updated 23 Feb, 2023 01:10pm
Business & Finance Year ended Dec 31, 2022: Allied Bank posts higher markup income of Rs215.469bn KARACHI: Banking sector of Pakistan remained resilient and performed exceptionally well in 2022 amid tough operating... Published 21 Feb, 2023 06:51am
Opinion European firms strike high-stakes bond deals European firms are selling debt that can be converted into their own shares at an unrelenting pace, as they seek... Published 18 Feb, 2023 03:33am
Markets Wall St slips as economic data fuel rate hike worries NEW YORK: US main stock indexes slipped on Thursday after unexpectedly strong inflation data and a fall in weekly... Published 17 Feb, 2023 06:53am
Opinion Better late than never, or just too late? Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading... Published 16 Feb, 2023 06:08am
Opinion Letter to a Comrade Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ... Updated 07 Feb, 2023 02:20pm
BR Research Interest rates to dictate PSX return No one quite starts the New Year like the stock market players at the PSX. Regardless of what has happened in the... Published 06 Feb, 2023 09:12am
Business & Finance Dollar jumps after ‘monster’ job report NEW YORK: The dollar jumped on Friday after data showed that US employers added significantly more jobs in January... Published 06 Feb, 2023 07:18am
