Trends - German economy - Business Recorder

German economy

IMF cuts forecasts for German economy this year and next

BERLIN: The German economy is expected to stagnate this year, the International Monetary Fund said on Tuesday,...

Published 22 Oct, 2024 07:28pm

World

Qatar’s emir heads to Berlin for talks aimed at boosting economic ties

BERLIN: German Chancellor Olaf Scholz will host Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, at a baroque palace...

Published 22 Oct, 2024 11:04am

Business & Finance

Germany confirms economy shrank in Q2

FRANKFURT: The German economy shrank by 0.1 percent in the second quarter, final data confirmed Tuesday, weighed ...

Published 02 Sep, 2024 06:40am

Business & Finance

German economy unexpectedly shrinks in second quarter

FRANKFURT: The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling...

Updated 05 Aug, 2024 07:32am

Markets

European shares rise as bond yields retreat

PARIS: European shares began the week on a strong footing, boosted by a drop in bond yields with investors assessing...

Published 31 Oct, 2023 05:26am

Business & Finance

German economy likely shrunk in Q3: Bundesbank

FRANKFURT: Germany’s economy likely contracted in the third quarter, the Bundesbank said in a monthly report on...

Published 30 Oct, 2023 05:24am

World

Germany agrees 32bn euro tax cuts to give economy 'big boost'

MESEBERG: Germany's coalition on Tuesday set aside weeks of squabbling to agree to a total of 32 billion euros...

Published 29 Aug, 2023 11:20pm

Business & Finance

German consumer mood improves as inflation slows

BERLIN: German consumer confidence rose heading into August, a key survey showed Thursday, as once red-hot inflation...

Published 27 Jul, 2023 11:31am

Business & Finance

German economy entered recession in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby...

Published 25 May, 2023 12:16pm

Business & Finance

Germany cuts tax estimates, no additional leeway: ministry

BERLIN: Germany’s finance ministry said on Thursday it expects 148.7 billion euros ($163.69 billion) less in tax...

Published 15 May, 2023 07:21am

Business & Finance

German economy expected to avoid recession: report

BERLIN: Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year,...

Published 17 Apr, 2023 06:41am

World

Ukraine war expected to cost Germany 160bn euros by year-end

BERLIN: The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its...

Published 20 Feb, 2023 07:12am

Business & Finance

German industrial orders rise by 3.2% in December

BERLIN: German industrial orders rose in December, increasing by 3.2% on the month on a seasonally and calendar...

Published 06 Feb, 2023 12:48pm

Business & Finance

German economy likely to avoid recession in 2023

FRANKFURT: Germany is set to narrowly escape a recession this year, the government said Wednesday, as Europe’s...

Published 30 Jan, 2023 06:52am

World

Germany 'not going into a recession' in 2023: Scholz

BERLIN: Germany will avoid a painful recession this year, Chancellor Olaf Scholz said Tuesday, predicting that...

Published 17 Jan, 2023 10:20pm

World

German economy expected to contract slightly in 2023: BDI

BERLIN: The German economy is expected to contract by 0.3% this year, Germany’ BDI industry association said on...

Published 17 Jan, 2023 02:05pm

Business & Finance

German economy weathering hard winter but risks loom

BERLIN: The surge in energy prices that followed Russia’s invasion of Ukraine has pushed Germany to the brink of a...

Published 13 Jan, 2023 01:49pm

World

Hensoldt plans defence deals with Gulf states

BERLIN: German defence supplier Hensoldt has applied to the government for clearance for a number of politically...

Published 07 Jan, 2023 06:00am

Business & Finance

German factory orders plunge in November

BERLIN: German industrial orders fell sharply in November to hit their lowest level in more than two years, official...

Published 06 Jan, 2023 02:53pm

Markets

German inflation drops on gas bill subsidy

FRANKFURT: German inflation eased in December for a second straight month, preliminary data showed Tuesday, as...

Published 03 Jan, 2023 08:21pm

World

German economy beats expectations with 0.4% growth in Q3

BERLIN: The German economy grew slightly more in the third quarter than preliminary figures suggested, bolstered by...

Published 25 Nov, 2022 12:25pm

Business & Finance

German economy posts surprise growth in third quarter

FRANKFURT: The German economy unexpectedly grew in the third quarter, official data showed Friday, defying...

Published 28 Oct, 2022 01:58pm

Opinion

Germany energy transition needs faster CO2 cuts from autos, industry

Two major pillars of the German economy - its mammoth car market and manufacturing sector - are clear laggards in...

Published 20 Sep, 2022 05:51am

World

Near 50-year high German inflation strengthens case for larger ECB rate rise

BERLIN: German inflation rose to its highest level in almost 50 years in August, beating a high set only three...

Published 30 Aug, 2022 06:59pm

German dependence on China growing

BERLIN: The German economy became more dependent on China in the first half of 2022, with direct investment and its...

Updated 20 Aug, 2022 09:48am

Business & Finance

IMF sees heavy hit to German economy from Russian gas stop

FRANKFURT: Halting Russian gas supplies to Germany would cost Europe’s largest economy 1.5 percent of its GDP in...

Published 21 Jul, 2022 06:24am

Business & Finance

German factory output rises but Ukraine clouds loom

FRANKFURT: German industrial production rose in February, official data showed Thursday, but analysts warned it ...

Published 07 Apr, 2022 03:00pm

World

Germany to enter recession due to virus: Bundesbank

FRANKFURT: The Bundesbank said on Monday the latest wave of the coronavirus pandemic risked pushing the German...

Published 21 Feb, 2022 06:42pm

Business & Finance

Germany cuts 2022 GDP growth forecast on virus woes

FRANKFURT: The German government on Wednesday lowered its economic growth forecast for 2022 as an Omicron-fuelled...

Published 26 Jan, 2022 05:46pm

Business & Finance

German growth to be slower than expected in 2022: Ifo

FRANKFURT: The growth of the German economy is set to be slower than expected next year due to disrupted supply...

Published 14 Dec, 2021 04:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

German economy

Most Popular