Trends - developing countries - Business Recorder

developing countries

World Bank sees slow and steady global growth

WASHINGTON: Global growth should remain stable this year and next, but at recent historic lows, the World Bank said...

Published 18 Jan, 2025 05:45am

ADB trims developing Asia’s growth forecast, flags US policy risks

MANILA: Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook...

Updated 12 Dec, 2024 09:43am

World

Babayev blames rich countries for ‘imperfect’ deal

PARIS: The tough-fought finance deal at UN climate negotiations was “imperfect”, the Azerbaijan COP29 leadership...

Published 27 Nov, 2024 06:44am

World

Fragile countries make $20bn climate finance push at COP29

BAKU: A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a...

Published 16 Nov, 2024 06:04am

World

COP29 climate talks grapple with trillion-dollar task

BAKU: Developing countries need at least $1 trillion per year by the end of the decade to cope with climate change,...

Published 15 Nov, 2024 06:20am

Business & Finance

Tax crypto and plastic to pay for climate, development, leaders urge

BAKU: Plastics and cryptocurrencies could be taxed like flying and fossil fuels to plug the gap in climate finance...

Published 15 Nov, 2024 06:20am

Pakistan

Climate change: Previous financial pledges yet to materialise: PM

BAKU: Prime Minister Shehbaz Sharif on Wednesday sensitizing the global community on the risks posed by climate...

Published 14 Nov, 2024 06:33am

Opinion

The scientific revolution’s call to rulers

The scientific and technological revolution that began after World War II has fundamentally reshaped global...

Updated 31 Oct, 2024 07:53am

World

Developing nations: Slow growth, high debt taking heavy toll: UN

GENEVA: Poorer nations are increasingly struggling to navigate the sluggish global economy, the UN warned on ...

Published 30 Oct, 2024 06:32am

Opinion

Brain drain in Pakistan: causes, consequences and way forward

The migration of high-skilled workers is a global phenomenon. However, most migration is usually seen from...

Published 01 Oct, 2024 06:49am

Opinion

Two secrets to China’s rise

Twelve years ago, I visited China as a participant in a Seminar on Press and Publication for Developing Countries,...

Published 20 Sep, 2024 06:10am

Opinion

The challenge of unpaid caregiving

Among the various reasons identified on global level for removing gender disparity with regard to education and...

Published 18 Aug, 2024 06:19am

UN launches new way to measure nations’ economic vulnerability

UNITED NATIONS: The UN General Assembly on Tuesday officially launched a new data-driven “vulnerability” index that...

Updated 15 Aug, 2024 08:39am

Pakistan

Pakistan calls for right of developing countries to access dual-use goods, technologies

ISLAMABAD: Pakistan on Wednesday called for the right of developing countries to access dual-use goods and...

Updated 25 Jul, 2024 07:00am

Economies in developing Asia ageing fast: Pakistan will still have shares below 10pc by 2050: ADB

ISLAMABAD: Some economies in developing Asia are ageing rapidly, however, Pakistan will still have shares lower than...

Updated 03 May, 2024 09:30am

Business & Finance

First Nuclear Energy Summit in Brussels: Pakistan calls for enhanced global cooperation to ensure energy security

ISLAMABAD: Pakistan has called for enhanced international cooperation, including technical assistance and provision...

Published 23 Mar, 2024 05:41am

Opinion

Some important economic policy questions

The first important policy question facing policymakers is how much role aggregate demand plays in determining...

Published 22 Dec, 2023 05:22am

Pakistan

PM explains significance of ‘NEOC’

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar while inaugurating the National Emergencies Operation Centre...

Published 06 Oct, 2023 03:03am

World

G77+China summit in Cuba calls for new global order

HAVANA: The G77+China, a group of developing and emerging countries representing 80 percent of the world’s...

Updated 17 Sep, 2023 06:53am

Opinion

Unwarranted austerity policy

As another monetary policy statement is about to be released, as the writer contributes this article, it is time to...

Updated 15 Sep, 2023 07:25am

Business & Finance

Investors see long wait for enlarged BRICS’ economic boon

JOHANNESBURG/LONDON: The expansion of the BRICS group of developing countries could provide a lifeline to...

Published 28 Aug, 2023 06:27am

Opinion

Debt, weak multilateralism, and austerity

The number of developing countries having high debt levels, that is having public debt more than 60 percent of their...

Updated 04 Aug, 2023 06:53am

World

165m people fell into poverty in 3 years of crisis: UN

UNITED NATIONS: The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million...

Published 15 Jul, 2023 06:08am

World

Rich nations pledge to unlock hundreds of billions of dollars for climate fight

PARIS: Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for...

Published 24 Jun, 2023 06:02am

Opinion

Climate change, debt, and inflation

“If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not ...

Updated 09 Jun, 2023 07:10am

Opinion

Pakistan, and international global financial order: Revisiting macroeconomic policy

In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International...

Published 05 May, 2023 06:44am

Business & Finance

Debt assessments should reflect growing share of domestic debt: World Bank

WASHINGTON: Debt sustainability analyses carried out by the World Bank and International Monetary Fund should...

Updated 27 Apr, 2023 09:02am

Half a trillion in debt haircuts essential for sustainability: study

LONDON: Up to half a trillion dollars in debt needs to be written off to help developing nations at greatest risk of...

Updated 07 Apr, 2023 08:50am

Opinion

Neoliberalism, austerity, and climate change crisis

‘Scientists have delivered a “final warning” on the climate crisis, as rising greenhouse gas emissions push ...

Published 24 Mar, 2023 05:55am

Opinion

Debt relief for developing countries

Many developing and low-income countries are under debt distress, and a few of which are also facing food crisis as...

Published 13 Mar, 2023 06:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.50 ▲ 0.90 (10.47%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)

Stock	Price
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.02 ▼ -0.79 (-8.05%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	525.02 ▼ -44.94 (-7.88%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.92 ▼ -1.32 (-7.24%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.13 ▼ -0.40 (-7.23%)
Tri-Star Mutual / Jan 21 Tri-Star Mutual Fund Limited(TSMF)	7.02 ▼ -0.54 (-7.14%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	94,166,068 ▲ 0.42
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	65,238,676 ▲ 0.20
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.44
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.08
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	47,037,833 ▲ 1.13
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.16
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -2.43
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	21,926,255 ▼ -0.62
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -3.19

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