Trends - global economy - Business Recorder

global economy

Implications of rising oil prices

EDITORIAL: The hike in local petrol prices, a harsh winter pushing global oil demand higher and new US sanctions on...

Updated 18 Jan, 2025 06:29am

Business & Finance

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

World

Wars, extreme weather events top global risks: Davos study

BRUSSELS: Armed conflict is the biggest risk this year, a World Economic Forum survey warned on Wednesday, as...

Published 16 Jan, 2025 03:05am

Editorials

Preparing for tomorrow’s jobs

EDITORIAL: The World Economic Forum’s Future of Jobs report 2025, published last week, offers key insights into ...

Published 15 Jan, 2025 02:59am

Opinion

Global economy: China anchor of stability

Amid numerous challenges faced by the global economy, China, as the world’s second-largest economy, continues to...

Published 12 Jan, 2025 02:44am

Business & Finance

Brace! Risks stack up for the global economy in 2025

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new...

Published 23 Dec, 2024 11:34am

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

Opinion

A truly global economic policy needed

In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of...

Updated 06 Dec, 2024 08:12am

Opinion

The unexplored blue: charting Pakistan’s economic potential

The Organisation of Economic Cooperation and Development (OECD) describes the ocean as the next ‘Great Economic...

Published 05 Dec, 2024 07:29am

Business & Finance

Samsung Q3 operating profits soar to $6.6bn, miss forecast

SEOUL: South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to...

Published 01 Nov, 2024 06:51am

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

Business & Finance

IMF predicts slightly slower global growth in 2024 and 2025

WASHINGTON: Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, ...

Published 23 Oct, 2024 07:54am

Business & Finance

WTO says trade alone won’t bridge gap between economies

GENEVA: The World Trade Organization said Monday that open trade alone was not enough to reduce inequalities between...

Published 10 Sep, 2024 06:32am

Supplements

SAFA International Conference 2024: Message from Jameel Ahmad, Governor State Bank of Pakistan

I am delighted to note that the South Asian Federation of Accountants (SAFA) and the Institute of Cost and ...

Published 24 Aug, 2024 06:24am

World

Indonesia finance minister says global economy shadowed with risk and uncertainty

JAKARTA: Indonesian finance minister Sri Mulyani Indrawati said on Tuesday the global economy is still shadowed with...

Updated 13 Aug, 2024 11:51am

Opinion

Towards transformation: embracing Gen AI for Pakistan’s future prosperity

It is deeply concerning that Pakistan remains trapped in a persistent cycle of political, economic, social, and...

Updated 10 Aug, 2024 07:26am

Opinion

Need for revisiting 2 percent inflation target

‘The stock market crash is – perhaps – the long-awaited signal of a US economic slump.…The market meltdown...

Published 09 Aug, 2024 06:56am

Business & Finance

G20 financial chiefs to flag global economic ‘soft landing’

RIO DE JANEIRO: G20 financial leaders will say on Friday there is a rising likelihood of a global economic “soft...

Published 27 Jul, 2024 06:16am

World

US sees no need for global deal to tax super-rich: Yellen

RIO DE JANEIRO: The United States sees no need to negotiate an international agreement on taxing the super-wealthy,...

Published 25 Jul, 2024 10:58pm

WEO update: IMF maintains growth rate projection at 3.5pc

Releases latest report ‘World Economic Outlook (WEO) update: The Global Economy in a Sticky Spot'

Updated 17 Jul, 2024 05:21pm

World

IMF sees steady global growth, warns of slowing disinflation momentum

WASHINGTON: The global economy is set for modest growth over the next two years amid cooling activity in the U.S., a...

Updated 16 Jul, 2024 08:33pm

Opinion

Year of global shockwaves

We’re only halfway through the year, and already 2024 has produced more high-voltage political shockwaves than any...

Published 04 Jul, 2024 06:28am

Business & Finance

BIS sends govt debt warning before important elections

LONDON: The Bank for International Settlements warned on Sunday that rising government debt levels amid a number of...

Published 01 Jul, 2024 07:01am

Opinion

Pakistan’s quest for BRICS membership

BRICS is an acronym that represents an association of five major emerging economies: Brazil, Russia, India, China,...

Updated 22 Jun, 2024 10:50pm

Business & Finance

Global economic review

The global economy demonstrates remarkable resilience, characterized by steady growth as inflation gradually moves...

Published 12 Jun, 2024 06:51am

World

World Bank says global growth stabilising but well below pre-pandemic levels

Global economy to avoid third consecutive drop in real GDP growth since major post-pandemic jump in 2021

Updated 11 Jun, 2024 09:58pm

World

US should keep open trade, work with China: IMF

WASHINGTON: The US would be better served by maintaining its open trade system rather than imposing new punitive...

Published 17 May, 2024 05:50am

Opinion

Pakistan’s economic crossroads

The socialist idea of central planning, which leads to a closed economy, has been followed by neoliberalism and...

Updated 17 May, 2024 06:12am

Opinion

Counterproductive trickle-down economic effect

The critique of Western universities and certain schools of thought advocating for economic models based on the...

Published 09 May, 2024 03:11am

Business & Finance

OECD upgrades global growth outlook

NEW YORK: The global economy is growing faster than expected only a few months ago thanks to resilient US activity...

Published 03 May, 2024 06:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Cotton US¢/pound / Jan 22	67.34
Petrol/Litre / Jan 23	256.13

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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