Trends - world economy - Business Recorder

world economy

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

Editorials

‘Shared prosperity’

EDITORIAL: The World Trade Organisation’s (WTO’s) analysis of its 30-year record of enabling and facilitating...

Published 17 Sep, 2024 06:33am

Business & Finance

World Bank offers roadmap to avoid ‘middle-income trap’

WASHINGTON: More than 100 countries, including China, are at risk of entering a “middle-income trap” and failing...

Published 02 Aug, 2024 05:55am

Business & Finance

WTO chief sees ‘troubling times’ for trade

GENEVA: The head of the World Trade Organization on Tuesday said global commerce was going through troubling times,...

Published 01 Aug, 2024 06:06am

Opinion

Rising oligarchic power, ballooning inequality, and the quality of democracy

Decades of Neoliberalism led retreat of regulation, and greater inclusion of private sector to provide essential...

Published 19 Jan, 2024 05:37am

World

Israel-Hamas war a ‘new cloud’ over world economy: IMF

MARRAKESH, (Morocco): The war between Israel and Hamas has darkened the horizon for a world economy that was already...

Updated 13 Oct, 2023 08:18am

Business & Finance

IMF says world economy ‘limping’

MARRAKESH: The IMF kept its 2023 global growth forecast unchanged on Tuesday but warned that the economy is...

Published 11 Oct, 2023 03:10am

Markets

Japan won’t rule out any options as dollar approaches to 150 yen

TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday that rapid currency moves were undesirable and that...

Published 08 Sep, 2023 09:48am

Markets

World economy in a difficult place but not destined to stay there

GANDHINAGAR: The world economy is in a difficult place but it is not destined to stay there, World Bank President...

Updated 17 Jul, 2023 09:02pm

Business & Finance

BIS warns world economy at critical juncture in inflation fight

LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for...

Published 26 Jun, 2023 06:38am

World

Norway not a war profiteer, PM says

HAMMERFEST: Norway has grown richer by the minute as the conflict in Ukraine boosts its gas revenues, but the ...

Published 02 Feb, 2023 06:12am

Business & Finance

Full brunt of financial tightening yet to materialize: IMF

IMF chief Kristalina Georgieva says central banks have some way to go in their inflation battle

Updated 13 Jan, 2023 09:29pm

Opinion

World economy faces more pain in 2023 after a gloomy year

This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was...

Published 08 Dec, 2022 06:29am

IMF urges G20 leaders to ‘allow trade to do its job’

NUSA DUA, (Indonesia): International Monetary Fund Managing Director Kristalina Georgieva warned G20 leaders on...

Updated 16 Nov, 2022 10:18am

Markets

Ending Ukraine war ‘best thing’ to mend world economy: Yellen

NUSA DUA: US Treasury Secretary Janet Yellen heaped pressure on Russia on Monday ahead of the G20 summit in...

Published 14 Nov, 2022 09:42am

Opinion

A world running towards recession

‘Central banks are intent on driving the world economy perilously close to a recession. Late to see the worst...

Published 23 Sep, 2022 05:50am

World Bank for sovereign debt changes

LONDON: A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so...

Updated 29 Jun, 2022 09:36am

World

World economy has 'buffer' against recession, says IMF's Gopinath

DAVOS: While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global...

Published 23 May, 2022 09:10pm

Opinion

Tentative start

The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ...

Updated 29 Apr, 2022 01:41pm

Opinion

No road to stability?

The political drama is reaching its climax. Multiple scenarios are possible; but perhaps none leads to a stable ...

Published 21 Mar, 2022 06:39am

Opinion

Luxury sector undaunted by Covid, soaring inflation

The pandemic and soaring inflation have done nothing to take the shine off luxury brands, from Louis Vuitton to ...

Published 21 Feb, 2022 07:25am

Pakistan

Inflationary impact on Pakistan: Russia-Ukraine tension analysed

Ismail Iqbal Securities says automobiles, construction, and agriculture sectors could get affected

Updated 14 Feb, 2022 03:38pm

Business & Finance

Global economy rebounds, but for how long?

PARIS: The world economy woke up from its pandemic-induced coma in 2021, but between the Omicron variant causing...

Published 28 Dec, 2021 10:04am

Pakistan

FPCCI chief advocates regional integration under Saarc framework

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry (FPCCI), hosted a dinner in honor of Secretary...

Published 28 Dec, 2021 03:54am

Opinion

Climate crisis puts oil in the crosshairs, but dependence persists

The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world...

Published 27 Dec, 2021 06:45am

World

World economy to top $100 trillion in 2022 for first time: report

China to take longer than previously thought to overtake US as number one economy

Updated 26 Dec, 2021 12:56pm

Business & Finance

Global economy rebounds, but for how long?

PARIS: The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain...

Published 01 Dec, 2021 10:16am

Business & Finance

Australia, NZ dollars low

SYDNEY: The Australian and New Zealand dollars drifted against the greenback on Tuesday, hovering around recent lows...

Published 01 Dec, 2021 03:52am

World

Omicron variant raises new fears for pandemic-hit world economy

WASHINGTON: Just as it was recovering from the body blow of the Covid-19 pandemic, the global economy has taken yet...

Updated 30 Nov, 2021 11:43am

Markets

Tokyo stocks close marginally lower

TOKYO: Tokyo stocks gave up early gains and closed slightly lower on Monday as traders eyed developments in the...

Published 28 Sep, 2021 05:12am

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

world economy

Most Popular