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UN urges leveraging carbon markets to help poorest states

GENEVA: The United Nations suggested Monday that the world’s poorest nations could benefit far more from carbon...

Published 05 Nov, 2024 03:30am

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

Global tensions hit investments again in 2023: UN

GENEVA: Worldwide foreign direct investment fell for a second consecutive year in 2023 amid a global economic...

Published 21 Jun, 2024 06:37am

World

UN says solutions exist to rapidly ease debt burden of poor nations

GENEVA: The heavy debt weighing on developing countries can be alleviated through readily available measures, the...

Published 18 Apr, 2024 01:32pm

World

UN push for financial system reform to help poorest countries

GENEVA: The United Nations called Tuesday for a significant overhaul of the global financial system to help the...

Published 08 Nov, 2023 05:42am

Perspectives

In order to attract butterflies, we need to build a garden

In the intricate dance of global economics, metaphors often serve as guiding lights, illuminating complex concepts...

Published 01 Nov, 2023 04:30pm

Opinion

World Bank needs to revisit its policy and lending focus

In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the...

Updated 06 Oct, 2023 09:56am

Opinion

Improving foreign investment climate

‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per...

Published 14 Jul, 2023 06:55am

Editorials

Conference on LDCs: the Doha difference

EDITORIAL: Prime Minister Shehbaz Sharif in his address to the fifth UN-sponsored conference (5-9 March) on Least...

Published 08 Mar, 2023 06:20am

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

Markets

UN, Russia to meet today on grain, fertiliser exports

GENEVA: UN chiefs are to hold talks with Russian officials in Geneva on Friday on the Black Sea agreements on...

Published 11 Nov, 2022 05:54am

Business & Finance

UK govt’s SMEP Programme offers assistance to textile sector

LAHORE: Sustainable Manufacturing and Environmental Pollution (SMEP) Programme funded by UK government has offered ...

Published 07 Oct, 2022 05:59am

World

UN urges Africa to swap commodities for tech

DAKAR: The UN’s trade body on Thursday said African economies were vulnerable to a triple shock as it urged...

Published 15 Jul, 2022 07:45am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Business & Finance

Ukraine war to hit foreign direct investment: UN

GENEVA: Foreign direct investment is expected to fall this year, with the food, fuel and financial crises triggered...

Published 10 Jun, 2022 06:16am

Business & Finance

PSX joins UN’s ‘Sustainable Stock Exchanges Initiative’

KARACHI: The Pakistan Stock Exchange (PSX) has joined the Sustainable Stock Exchanges (SSE) Initiative. The SSE...

Published 07 Jun, 2022 05:47am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Opinion

Controlling inflation and financing deficits — I

In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a...

Published 14 May, 2022 04:05am

Opinion

More and more bad news

Pakistan finds itself increasingly in a quagmire. The economy was hit severely first after March 2020 by the...

Published 05 Apr, 2022 05:38am

Pakistan among states that appear vulnerable: UN warns over Ukraine shock to developing states’ debt

GENEVA: Developing countries need urgent action to help manage their debt following the food and fuel price surges...

Updated 29 Mar, 2022 09:47am

World

Ukraine war a new blow for poor countries: UN

GENEVA: The war in Ukraine has sent commodity prices soaring, creating fresh shock waves across poorer countries...

Published 25 Mar, 2022 05:47am

UN projects 3.9pc growth for Pakistan in 2022

ISLAMABAD: Pakistan’s GDP growth is projected at 3.9 percent in 2022, driven by private consumption, record high...

Updated 15 Jan, 2022 12:30pm

Business & Finance

Pakistan to boost shipping fleet to tackle global logistics crisis

LONDON: Pakistan is working to boost the capacity of its shipping fleet to draw on its strategic geographical...

Published 15 Dec, 2021 01:19pm

Business & Finance

Pakistan to re-negotiate bilateral investment treaties: BOI secretary

Fareena Mazhar says positive initial response has been received from partners

Updated 22 Oct, 2021 07:24pm

Opinion

Tax havens

Prime Minister Imran Khan in his virtual address to the World Leaders Summit Dialogue, organised by the United...

Updated 09 Oct, 2021 12:02pm

Pakistan

Qureshi for revisiting int’l policy frameworks

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has called for revisiting the international policy frameworks...

Published 07 Oct, 2021 04:25am

PM steps up anti-stolen wealth drive

Imran Khan addresses the World Leaders Summit Dialogue organised by the United Nations Conference on Trade and Development

Updated 06 Oct, 2021 09:54am

Pandemic boosted e-commerce: UNCTAD

GENEVA: The Covid-19 pandemic provided a boost for e-commerce last year, but the digital windfall was not enjoyed...

Published 04 May, 2021 04:26am

Business & Finance

Pandemic boosted e-commerce in 2020: UNCTAD

"These statistics show the growing importance of online activities," the report's author, Torbjorn Fredriksson, told AFP.

Published 03 May, 2021 11:46am

Business & Finance

China's export share grew in pandemic but may be near peak, UNCTAD says

Early data from this year suggests a continuation of the trend with Chinese exports surging almost 50% year-on-year to $710 billion in the first quarter, the UNCTAD data showed.
"Overall, China is likely to remain the world's leading exporter for the near future," the UNCTAD commentary said. "However, its exports dominance in the global economy may be approaching its peak."

Published 27 Apr, 2021 08:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.87 ▲ 0.76 (10.69%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.12
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.33
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.46
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.03
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.35
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.07
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.43
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.12

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