Trends - global GDP - Business Recorder

global GDP

Is de-dollarisation on the move

**This is the first of a two-part series on de-dollarisation. An exclusive report carried by Business Recorder...

Updated 30 Sep, 2024 08:09am

Business & Finance

OECD calls for higher property taxes to fight debt

PARIS: The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher...

Published 26 Sep, 2024 06:48am

Pakistan

Last two years worse in Pakistan’s economic history: Atif Mian

Country stuck in ‘poverty trap’, needs ‘big policy change’, says noted economist

Updated 19 Aug, 2024 04:40pm

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

Mushahid becomes first Pakistani to address BRICS forum

VLADIVOSTOK: Senator Mushahid Hussain Syed became the first Pakistani to address the official International BRICS...

Published 20 Jun, 2024 06:01am

Opinion

Girls in informational technology: let’s celebrate after genuine inclusion

An entrepreneur during an interview published on this platform said that women’s participation in the workforce...

Updated 15 May, 2024 06:22am

Business & Finance

Policymakers urged to help revive economy

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 10 Jan, 2024 05:22am

Business & Finance

India likely to achieve fiscal deficit target in 2023-24, says govt

NEW DELHI: The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product...

Published 18 Dec, 2023 01:55pm

BR Research

Interview with Hazem Mulhim, CEO-Eastnets

‘Pakistan is an emerging and important market for the financial sector’ Hazem Mulhim is the founder and CEO at...

Published 18 Dec, 2023 07:15am

World

BRICS nations agree to expand developing world bloc

JOHANNESBURG: Leaders of the BRICS bloc of leading developing countries have agreed mechanisms for considering new...

Published 24 Aug, 2023 06:22am

Opinion

Return to the gold standard?

Mr Market remembers mid-August as the time when, on 15 August 1971, US President Richard Nixon interrupted the hit ...

Published 17 Aug, 2023 03:49am

Business & Finance

Indonesia Q2 GDP grows 5.17% y/y, above expectation

JAKARTA: Indonesia’s economy grew 5.17% on an annual basis in the second quarter, the fastest pace in three quarters...

Published 07 Aug, 2023 09:24am

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

Business & Finance

UK formally signs up to trans-Pacific trading bloc

LONDON: The UK government on Sunday hailed what it said was its biggest trade deal since Brexit, as it formally...

Published 17 Jul, 2023 03:47am

Business & Finance

World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook

WASHINGTON: The World Bank on Tuesday raised its 2023 global growth outlook as the US, China and other major...

Published 07 Jun, 2023 06:05am

Opinion

New FATF guidelines: Shell companies and beneficial ownership

Shell companies are considered the safest means to stash wealth created through criminal activities. Incorporation ...

Updated 17 Mar, 2023 06:42am

Opinion

Countering illicit financial flows

The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The...

Updated 24 Feb, 2023 06:34am

Opinion

‘Beneficial Owner’

“Beneficial owner refers to the natural person(s) who ultimately owns or controls a customer and/or the natural...

Updated 09 Dec, 2022 06:36am

World

IMF chief sees higher chance of global growth below 2% in 2023

NEW YORK: International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the chance of global...

Updated 01 Dec, 2022 09:06pm

Markets

Indian shares pare gains as investors eye GDP data, Powell’s speech

BENGALURU: Indian shares erased morning gains on Wednesday to trade nearly flat, as investors cautiously awaited...

Published 30 Nov, 2022 11:47am

Opinion

Restoring nature could depend on how countries help farmers

Famous for its lamb, New Zealand’s agriculture industry was once so well-subsidised that slaughterhouse workers...

Published 30 Nov, 2022 06:28am

Battling inflation ‘priority’ as global growth slows: OECD

PARIS: World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for...

Updated 23 Nov, 2022 09:35am

Opinion

‘PIMEC 2023’can help jump-start maritime sector

Oceans remain an important component of our planet having countless marine species and vast sea bed resources. They...

Published 03 Nov, 2022 05:50am

World

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050: report

LONDON: Worsening droughts, storms and torrential rain in some of the world's largest economies could cause $5.6...

Published 29 Aug, 2022 06:57pm

Pakistan

Excluding the disabled from work: ILO puts economic losses at 3-7pc of global GDP

KARACHI: The International Labour Organisation (ILO) estimates that the economic losses incurred through excluding...

Published 04 Aug, 2022 05:43am

World

Hungary parliament panel reiterates opposition to global minimum tax

BUDAPEST: Hungary’s parliamentary economic affairs panel on Monday reiterated the ruling Fidesz party’s opposition...

Published 11 Jul, 2022 06:17pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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