Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2023 Central bank schedules 4 meetings of Monetary Policy Committees during six-month period Published 26 Dec, 2022 05:39pm
Markets Soaring energy costs push UK public borrowing to November record LONDON: British public borrowing unexpectedly jumped last month to hit its highest for any November on record,... Published 26 Dec, 2022 06:45am
Business & Finance Private debt markets face reality check as companies grapple with recession LONDON: Stellar growth in private debt markets over the past decade looks set to face a reality check as a looming... Published 26 Dec, 2022 05:48am
Business & Finance Fed’s preferred inflation gauge eases while spending stalls WASHINGTON: A key indicator of US inflation edged down in November, according to government data released Friday, in... Published 24 Dec, 2022 05:50am
Business & Finance US third quarter GDP revised up to 3.2pc with help from spending WASHINGTON: The US economy expanded 3.2 percent in the third quarter, the Commerce Department said Thursday, in a... Published 23 Dec, 2022 06:49am
Markets Copper edges lower as Chinese COVID cases multiply LONDON: Copper prices edged lower on Thursday as an accelerating wave of coronavirus infections in China, the ... Published 23 Dec, 2022 05:54am
Print S&P cuts rating on weakening of several metrics Rating agency states that Pakistan’s already low foreign exchange reserves would remain under pressure throughout 2023 Updated 23 Dec, 2022 09:04am
Editorials Tougher times likely ahead for markets EDITORIAL: Yesterday, S&P Global cut Pakistan’s long-term sovereign rating by one notch to “CCC+” from “B”. The... Published 23 Dec, 2022 05:54am
Opinion IMF, the ‘lifeline’ of Pakistan Since the creation of Pakistan, its policy makers, politicians, and the rulers, all have been struggling to manage... Published 22 Dec, 2022 05:57am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Print Revenue collection: PM toughens FY23 target regardless of import contraction Prime Minister Shehbaz Sharif directs FBR to achieve revenue target of Rs7.6 trillion by June 30 Updated 20 Dec, 2022 09:40am
Business & Finance Investment banks ramp up peak rates forecasts after hawkish ECB LONDON: A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the... Published 19 Dec, 2022 07:27am
Business & Finance ECB, BoE raise interest rates LONDON: The European Central Bank and Bank of England raised its key interest rates on Thursday and indicated that... Published 16 Dec, 2022 05:58am
Print Fed raises rates by half percentage point, sees economy nearing stall WASHINGTON: The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least... Published 15 Dec, 2022 06:00am
BR Research Oil’s topsy turvy ride After spiking for some time, crude oil prices tumbled in early December on concerns of continued weakening of the... Published 14 Dec, 2022 09:00am
Business & Finance India’s industrial output drops to 26-month low as rate hike hits demand NEW DELHI: India’s annual industrial output contracted 4% in October, its weakest performance in 26 months, after... Published 13 Dec, 2022 07:40am
Business & Finance UK economy rebounds in Oct LONDON: Britain’s economy rebounded in October a little more strongly than expected from September when output was... Published 13 Dec, 2022 07:38am
Business & Finance ECB to raise scrutiny of banks’ credit risk, funding FRANKFURT: The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding,... Published 13 Dec, 2022 05:58am
World Europe’s inflation problem will linger for years to come FRANKFURT: Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back... Published 12 Dec, 2022 07:31am
Markets Wall Street Week Ahead: US stock rally faces gauntlet of CPI data, Fed meeting NEW YORK: A double dose of potentially market-moving US events next week could set the tone for asset prices in the... Published 12 Dec, 2022 06:07am
Opinion World economy faces more pain in 2023 after a gloomy year This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was... Published 08 Dec, 2022 06:29am
Print Poor countries’ debt servicing costliest: World Bank NEW YORK: The poorest countries in the world now spend over a tenth of their export income to service external debt,... Updated 07 Dec, 2022 09:47am
Business & Finance ECB urged to raise interest rates PARIS: The European Central Bank should raise interest rates by 50 basis points (bsp) on Dec 15, French central bank... Published 05 Dec, 2022 05:47am
Business & Finance Global central banks increase pace of rate hike in November LONDON: The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy... Updated 05 Dec, 2022 06:45am
Markets PSX witnesses bloodbath KARACHI: Pakistan Stock Exchange Monday witnessed a bloodbath due to panic selling after ‘unexpected’ interest... Published 29 Nov, 2022 05:57am
Opinion There’s a need for belt-tightening measures To market participants’ surprise, SBP (State Bank of Pakistan) has increased the policy rate by one percent (100... Published 28 Nov, 2022 06:18am
Markets Wall Street extends losses after Fed signals more rate hikes NEW YORK: US stocks extended losses on Thursday as investors feared the Federal Reserve was far from signaling a ... Published 04 Nov, 2022 05:56am
Business & Finance Russian rouble strengthens MOSCOW: The rouble strengthened on Friday, hovering between 61 and 62 to the dollar and showing limited reaction to... Published 31 Oct, 2022 05:55am
Business & Finance ECB raises interest rates again, cuts bank subsidies FRANKFURT: The European Central Bank raised interest rates again on Thursday and put the reduction of its bloated... Published 28 Oct, 2022 05:58am
Markets US yields rise as interest rates seen moving higher NEW YORK: Treasury yields on Friday edged higher after a red-hot US inflation report the prior day raised market... Published 17 Oct, 2022 05:57am
