S.M Tanveer demands relief for traders in upcoming monetary policy
The businessmen are perturbed over inflated power bills, says FPCCI
Pakistan's inflation highest in Asia: Bloomberg
Govt had to increase energy prices for IMF programme
Bangladesh turmoil may slow financial reform, weaken banks, S&P says
Prime Minister Sheikh Hasina quit and fled to India last week
Significant reduction in petroleum prices expected
It is expected that the price of petrol might reduce by more than 9 rupees per litre
Nigerian protests fizzle out after deadly police crackdown
Nigerian protests fizzle out after deadly police crackdown
Punjab govt cracks down on food price gouging: 42 arrested, fines imposed
District administration took significant action in vegetable markets, assessing prices at 230 points
Inflation soars as prices of vegetables and essentials rise
The price of onions has risen by 10 rupees per kg while price of tomatoes has increased by 5 rupees
CM Maryam for curbing artificial hike in prices of chicken, milk
Maryam Nawaz says prices of poultry should be kept in check
Spanish banks, unions agree on 11pc pay raise over three years
Bank profits are rising amid higher interest rates
Venezuela inflation down to 50pc from 130,000pc, but voters say they still can't make ends meet
It is the lowest level since July 2012, as President Maduro seeks another term on Sunday
Chief cabinet secretary calls for broad-based Japan wage hikes
Hints at fresh fiscal stimulus package to cushion the blow to households if inflation further rises
Sri Lanka interest rates slashed to help fuel economic recovery
Borrowing costs are now down 7.25pc, partially reversing 10.50pc hikes that started in April 2022
Modi to focus on employment generation in first budget after election snub
Middle class also a focus as BJP is dependent on allies after failing to claim two-third majority
India economic survey advocates more Chinese investment
Report suggests exclude volatile food prices from Indian inflation targeting framework
Higher food prices, expensive fuels fuel Pakistan's weekly inflation
Indirect taxes imposed by Islamabad responsible for this trend
Inflation and reduced spending: Consumer goods makers weighed down by weak US and European sales
Manufacturers unable to win back shoppers alienated by price hikes in the wake of pandemic
Greece power producer windfall tax for household consumers subsidy
Move aimed at helping people facing cost-of-living crisis amid persistent inflation
China luxury spending downturn amid economic slowdown, but ultrarich are spending more
Deepening a rout has wiped almost $200bn off the sector's value in recent months
Lula questions need for Brazil government spending cuts
He is a strong critic of policies like higher interest rates and focus on reducing budget deficit
IMF programme to boost Pakistan external financing: Moody's
Warns of social tensions and weak governance amid stubborn inflation
Data 'add somewhat to confidence' that US inflation is returning to 2pc: Powell
Last week, the Labour Department reported that the CPI fell in June from the month before
Beijingers feel the pinch as China economic data disappoints
A key drag on the Chinese economy has been waning domestic consumption
India tea prices soar as extreme weather slashes output
Heatwave and floods trim output in key Assam state which accounts over over 50pc of total produce
Japan base pay rises by most in 31 years, part-time workers see robust gains
Wages hold the key to how soon the central bank could raise interest rates
Not politics, not interest rates: Surging Indian economy at risk from water
Water shortage disrupts agriculture and industry, stoking food inflation and risking social unrest
Austerity measures: PM Shehbaz decides to abolish key ministries
Kashmir Affairs, Saffron, Industries, Health and IT are among them
Rejecting tax, Flour Mills Association declares strike from July 10
Mills owners reject withholding tax
Inflation: Argentina beef consumption seen at record low in 2024
Trend a result of triple-digit inflation, a recession and rising poverty and unemployment
International Monetary Fund: Govt endorses Nepra's Rs5.72 electricity base tariff hike
Move part of the efforts to secure IMF programme
Govt crackdown on holiday rentals to address Spain housing crisis
Listings on platforms such as Airbnb and Booking.com to be investigated verify if they have licences
CM Maryam Nawaz directs restructuring of food department
She also ordered to take legal action against corrupt officials
Tough, unpopular budget a stepping stone for IMF programme: Ali Pervaiz
Says Pakistan has met all requirements and no major issues left to address
Pakistan trade deficit reduced by 12.3pc, consumers hit by food exports surge
Overall exports in 2023-24 jump 10.54pc, imports down 0.84pc
Pakistan economy: Inflation in at 12.6pc for June
The reading is higher than 11.8pc Y-o-Y rise in May, but is well below average of 23.4pc for fiscal
Life in Egypt: Loadshedding, inflation and currency devaluation
Blackouts grew longer and more frequent amid three heatwaves in June
US inflation cools in May, boosting hopes of Fed rate cut
PCE price index flat in May, up 2.6pc on year-on-year basis
Govt likely to increase power tariff by Rs 3.41 per unit
Another blow to people already burdened by inflation
Pakistan expected to see fuel price hike from July 1
Rs8 per litre increase expected in Petrol, diesel to become costlier by Rs10
China retail outlook dims after mid-year shopping festival flop
E-commerce sales decline for the first time during the so-called 618 festival that ended last week
Why India food prices will remain high
A drought last year and an ongoing heatwave have significantly reduced the supplies
Triple digit Argentina inflation means reduced beef consumption
Red meat essential part of South American nation’s social fabric along with soccer and mate tea
Punjab to get 3,000 buses in five years: Bilal Akbar
Azma Bokhari mentions reduction in province’s debt withing just 100 days of Maryam government
Spain housing inflation: Barcelona plans to shut all holiday apartments
Licences of the 10,101 units currently approved as short-term rentals to be cancelled by 2028
Oil prices up over 3pc for the week
Strong dollar, mixed global economic news made Brent and WTI some of the gains on Friday
Fitch forecasts decline in inflation in FY 2025
Pakistan’s ambitious FY 2024-25 budget strengthens prospects for an IMF deal
No change in Australia interest rates, as only one US rate cut in 2024 is now a likely scenario
Reserve Bank of Australia doesn't rule further hikes
Inflation means number of Chinese international travellers is down
Visa issues also complicating the situation for the world top’s tourism spenders
Lula again questions high Brazilian interest rates 'in a country with 4pc inflation'
Says celebrating with central bank chief must be ‘profiting’ from elevated borrowing costs
PM reduces industrial power tariff, Nepra increases base price
Lower prices are meant to make the industries competitive in global market
Be ready for spike in prices of daily-use products
Chocolates, milk, yogurt, clothes, soap, shampoo, hair colour, mobiles to cost more
Income tax exemption limit retained at Rs600,000
Currently, the upper limit for non-taxable annual earnings is Rs600,000
China inflation steady, factory deflation eases
Weak consumption has kept a lid on consumer prices since 2023
Economic survey 2023-24: Most targets missed but agriculture saves the day
Aurangzeb shares the budget document at a press conference
Nepra increases power tariff by Rs10.1 per unit for Karachi
Increase will not apply to lifeline customers, Electric Vehicle Charging Stations
How to raise Japan wages? Costco provides a pathway to fire up economy
Minimum hourly wage of 1,500 yen is more than Tokyo where it is 1,113 yen, the highest in country
European stocks rally ahead of first ECB rate cut in nearly five years
Canada on Wednesday became the first G7 country to go for rate cuts in this cycle
Unemployment, inflation, graft made Modi less appealing in India elections: Survey
The Hindu nationalist leader has to lean on regional parties for backing to form govt
ECB rate cuts expected from a record high of 4pc
Borrowing costs to be reduced by a quarter percentage point on Thursday
BOJ policymaker warns Japan may miss inflation target from 2025
Sees sluggish consumption, slowing global growth
Shehbaz promises blanket security to lure Chinese investment
Offers his sincere apologies for Shangla suicide bombing
Proposals for 10pc to 20pc Pakistan wage hike under consideration
Increase in other benefits, including medical and conveyance allowances, also on the table
Registration starts for Punjab Kissan Card
The initiative designed by Maryam Nawaz will benefit 0.5m farmers
Oil on a slide despite extension in OPEC+ production cuts
Brent was down 3.4pc and WTI 3.6pc on Monday despite OPEC+ continuing with supply cuts
18pc of Pakistanis believe country heading in right direction: Ipsos survey
Percentage of citizens who trust govt policies mark a significant jump
Homeowners and housebuilders pin hopes on ECB rates cut
Last year, 294,000 new homes built in Germany, well below the target of 400,000 set by Scholz govt
Turkish inflation hits 75pc in expected peak before relief
Interest rates currently stand at 50pc after 4,150 basis points hikes since June last year
Pakistan inflation drops to 11.8 in May, reinforcing rate cuts hopes
Monetary Policy Committee is scheduled to meet on June 10
Australia minimum wage raised as families grapple with higher inflation
Per hour pay to reach A$24.10 ($16.05) with effect from July 1
Efforts underway to provide maximum relief to people in upcoming budget: Musadik Malik
The inflation rate has decreased to 17 from 37 percent
Govt increases power tariff by Rs3.25 per unit
Increase will result in additional burden of Rs 46 billion
Affordable housing to stay out of reach in major economies: Reuters poll
A majority of respondents favour government intervention. The US is the only exception
US inflation up moderately in April, consumer spending weakens
Data provides little clarity whether Federal Reserve will start US rate cuts in September
Oil down ahead of OPEC+ meeting, posts weekly loss
Market under pressure over the prospect of US interest rates staying higher for longer
Welcoming news for Pakistan: Critical monsoon hits India mainland early
Below-average rains in 2023 depleted reservoirs, hit food production in Asia's third-largest economy
Power tariff hike: Nepra hears petition to fix April FCA at Rs3.48
CPPA says furnace oil and diesel not used for power generation during the month
The rich to push India home prices higher, affordable housing supply to lag demand
Home purchases driven by select few who mostly remain unaffected by higher interest rates
Pakistan inflation continues easing, May CPI expected to stay below 13.5pc
Trend boosts prospects of interest rate cuts, as Monetary Policy Committee meets on June 10
Policymaker hints at Japan rate hike if yen fall has big impact on inflation
Says BOJ must look at both downside and upside economic risks
Punjab bread prices down by up to Rs70, as govt shifts focus to bakery items
The Lahore deputy commissioner issues a notification
India monsoon rains expected to be above average in a boost for agriculture
Season critical for Asia’s third largest economy, which delivers 70pc of annual precipitation
CM Maryam shows displeasure over performance of price control committees
The chief minister decided to revamp the system of price control committees in the province
Inflation effects: Thousands protest against mass tourism in Spain's Balearic Islands
Increase in rents cited as one of the main reasons
Pakistan domestic, external debt to witness a substantial increase in FY25
Sources are expecting an addition of Rs10,433bn to the total
Yen slide beyond 155 is a pain point for half of Japan firms
Reuters survey shows more than a third of them want interest rate hikes
Some Fed officials at last meeting favoured US rate hikes if inflation remains sticky
Disinflation would likely take longer than previously thought
More gas tariffs hikes planned as Pakistan eyes another IMF programme
Proposal to affect domestic consumers as well as fertilizer, cement and CNG sectors
Pakistan sees 2024-25 inflation at 11.8pc, IMF thinks it will be 12.7pc
Economic wizards have shared macroeconomic framework with the visiting team
Navigating inflation through innovative strategies
People devising ingenious strategies to weather economic storm
Japan manufacturers want a stable yen, top companies agree to 5.58pc average pay hike
Progress on wages is a product of 'shunto' or 'spring labour offensive'
Pakistan to be fully changed if 'Nawaz's fourth term' is completed: Maryam
Says there is no crisis, she has shut the door to corruption in wheat procurement
US inflation resumes downward trend as domestic demand cools
Consumer price index rises 0.3pc in April after advancing 0.4pc in previous two months
Nigeria inflation scales new 28-year peak in April
The central bank has raised interest rates twice this year
Pakistan stocks set a new high, but later opt for market correction
Recent surge is product of rate cut prospects, progress in IMF talks
Signs are Pakistan fuel prices may see a sizeable cut with effect from midnight
Petrol and diesel are expected to get cheaper by over Rs12 and Rs8 respectively
Central bank goes for another rate cut as Argentina inflation crests near 300pc
A retiree says prices are still expensive and we Argentines have very little purchasing power
World shares rest near record highs ahead of US inflation data
World shares rest near record highs ahead of US inflation data
Don't raise tax rates, expand tax net. It will also help arrest inflation: Citibank
Says State Bank of Pakistan will start interest rate cuts next month
KSE-100 reaches a new high amid rate cut hopes
Expected progress on new IMF programme also boosting the morale
The case for forever high interest rates
Huge investment needs and rising interest costs will increase government borrowing
Big drop in Pakistan fuel prices expected -- over Rs12 for petrol and Rs8 for diesel
It is the result of declining rates in global market
Talks start to secure IMF programme, agreement reached on budget targets
No borrowing from central bank, timely external debt repayment to be ensured
Abdul Qayyum demands resignation of AJK PM as AAC protest enters third day
The situation demands fresh elections as early as possible, says former prime minister
No backtracking on tax net expansion: Aurangzeb
Also lists privatisation and energy sector reforms among top priorities
Govt considers phasing out tax exemptions in next budget
Move under IMF pressure to hit farmers adversely
Budget to help easing Australia inflation, says government
Central bank expects that it will pick up to 3.8pc by June and stay there until the end of the year
Sub-inspector shot dead as protest against inflation turns violent in AJK
The protest movement of Awami Action Committee (AAC) entered its second day
Oil falls on prospect of higher-for-longer US interest rates, stronger dollar
Dallas Federal Reserve President Lorie Logan says policy may not be tight enough
Modi shifts income goals for struggling Indian farmers
He plans increasing agriculture corporate investments to 25pc
IPP payments reach Rs1,800bn amid mounting Pakistan circular debt
Power and gas sectors’ share is Rs2,310bn and Rs2,900bn respectively
Fed official says US interest rates may have to be kept steady all year
Kashkari notes multiple positive inflation readings required to suggest disinflation is on track
Govt working on retirement, pension reforms
Azam Nazeer Tarar says move to cover all institutions which will be taken into confidence
Japan warns of action over volatile currency, notes other nations too share the concerns
Says issue discussed at ASEAN+3 finance ministers meeting and central bank governors conference
Tandoor owners to go on strike over Punjab roti prices notification
Maryam Nawaz orders administration to ensure implementation
Massive reduction in Punjab flour prices, 20kg bag costing Rs1,000 less: Bilal Yasin
Also talks about effective implementation of new bread prices
Pakistan stocks boom on Saudi investment, declining inflation
With rate cut hopes growing, prospects another IMF programme are also boosting the market
ECB rate cut case getting stronger, says chief economist
Overall inflation stood at 2.4pc last month
Turkiye inflation up near 70pc in April, highest since 2022
Minister says it will begin to decline sharply after peaking in May
Oil down over 7pc for the week -- the steepest loss in three months
OPEC+ could extend supply cuts beyond June
Oil falls for a third day amid easing Middle East tensions, increased production
US crude inventories rise 4.906m barrels in the week ended April 26
US labour costs growth accelerates in first quarter, is likely to delay Fed rate cuts
Employment Cost Index up 1.2pc, year-on-year increase is 4.2pc
Govt cuts petrol price by Rs5.45, diesel by Rs8.42 per litre
The Ogra summary was approved by the prime minister
Inflation-wary US rate options market cautiously prices for more Fed hikes
Persistent inflation has dashed the hopes of clashing interest rates
J&J, Bristol Myers lose challenges to US drug price negotiation programme
A federal judge rules they were free to stop participating in Medicare
Asian central banks shouldn't rely on US Fed interest rate moves: IMF
Notes adverse effects of Chinese ‘excess capacity’ both domestically and regionally
In north-eastern Argentina, yerba mate is more than the national drink
Milei’s draconian financial measures have thrust mate producers and tareferos alike into uncertainty
Japanese yen jumps against US dollar on suspected intervention
Traders had been on edge for weeks for any signs of action from Tokyo
Japanese yen trips past 160 per dollar to April 1990 lows
Markets on guard for any intervention by authorities to contain nearly 11pc slide this slide
Pakistan interest rates likely to be maintained, IMF will formally approve release of $1.1bn
Some experts still believe up to 100 basis points rate cut is possible
Japanese yen tumbles to a new low, US dollar gains after inflation data
The surge came after the Bank of Japan kept interest rates steady
Oil prices up for the week on supply concerns, but economic woes subdue gains
Persistent US inflation means Federal Reserve isn't going for rate cuts soon
War on inflation: Hungary gives fuel traders two weeks to match regional average prices
Viktor Orban's government had scrapped a price cap in December 2022
Thailand interest rates: Thai lenders to cut rate by 25 bps for 'vulnerable groups'
Prime Minister Srettha Thavisin has been pressing hard for cut rates
Chinese vendors go to TikTok school to reach buyers abroad
Chinese companies increasingly market themselves to overseas consumers at lower prices
Stocks set a new record amid growing hope for interest rate cuts
KSE-100 overcomes 72,000 hurdle by gaining nearly 1pc
India unemployment -- The biggest worry in world's fastest growing economy: Poll
Rural consumption, inflation and poverty are the other challenges
Refineries against fuel price deregulation which Ogra says will boost competition
A letter reads that they require protection through ‘pragmatic and supportive measures’
India sugar demand surges in heatwave and election season
Consumption of cold drinks and ice cream rises during roughly from mid-March to mid-June
No 'Plan B' when you are in an IMF programme: Finance Minister
Says talks for another loan package prerequisite for economic stability
MPC members say India rate cuts required to reach potential growth
However, they remained divided over timing
Pakistan Stock Exchange moves even higher as privatisation dream is coming true
Thrashes the 71,000 ceiling a day after by-election results indicated political stability
BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising
BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising
Fed survey cites inflation, interest rates, US election as key financial stability risks
The results were included as part of its latest Financial Stability Report
IMF admits Pakistan loan request: Minister says taking steps to curb inflation, US rates not a 'big concern'
Islamabad is hoping for up to $8bn under EFF under a programme spanning over two to three years
South Korea, Japan vow 'appropriate action' on weak won and yen
Won and yen have weakened more than 7pc and nearly 9pc respectively against US dollar this year
Powell dashes US rate cut hopes, says current policy needs more time to work
Market was earlier expecting the Fed to reverse the trend starting from June
Stocks in red zone after touching a new high amid uncertain outlook
KSE-100 tops 71,000 threshold during early trading, but closes the session with a 0.09pc loss
Strong US retail sales create fears that there won't any Fed rate cuts until September
Despite higher inflation and borrowing costs, spending is continuing to hold up
Dollar rally supercharged by US rate outlook, could complicate inflation fight for other economies
Yield differentials between the United States and others have widened in recent weeks
India's BJP election manifesto lacks plans for structural economic reforms: Citi
Says the document is more tilted towards continuity than change
Strong westerly starts producing heavy rains as farmers get ready for wheat harvesting
Nine dead in lightning strikes; Khyber Pakhtunkhwa gets heaviest downpour so far
India inflation eases to five-month low thanks to drop in fuel prices
US interest rate cut delay may affect RBI decision
Oil posts weekly loss after nearing a six-month high
IEA trims 2024 demand growth view; Concerns prevail over slower US interest rate cuts
Pakistan Stock Exchange enters new territory on the promised Saudi investment
KSE-100 Index climbs over 70,000 hurdle
US rate cut expectations for 2024 fall to lowest since October
Treasury yields, which are swayed by interest rate expectations, have moved higher as a result
UK starting pay growth slowest in over three years: REC
Overall demand for staff fell for a fifth month in a row in March
Pakistan stocks on a high, KSE-100 breaches 69,000 ceiling
Latest gains comes after Saudi Crown MBS hosted Shehbaz in Makkah
Japan real wages fall for 23rd straight month in February
The wage trend is among the key data the Bank of Japan examines for pay and inflation outlooks
Pakistan consumers may face the brunt as oil prices up over 4pc in a week
US economy added 303,000 jobs last month, which may delay Federal Reserve interest rate cuts
A strong franc shielded Switzerland from inflation which is now lowest since Sept 2021
Consumer prices rose by 1pc from March 2023
Pakistan Stock Exchange sets a new record as investors see rate cuts
KSE-100 Index cross 68,000 mark
Hunger grips southern Africa as Zimbabwe drought declared a disaster
Entire region from Botswana and Angola to Mozambique and Madagascar also facing the crisis
Interest rate cut hopes help KSE-100 Index jump by 1.30pc
Progress in PIA privatisation also acting as confidence booster
Safe-haven gold smashes record again as US inflation worries loom
Rise in raw materials prices triggering fears that inflation could resurge
Inflation casts a shadow over Eid shopping
Skyrocketing prices have made it difficult for people to afford Eid shopping
Kenya doctors strike over pay and training extends into third week
A previous strike in 2017 lasted three months
India wheat procurement: Govt asks traders to avoid buying new crop for shoring up state stocks
Rising wheat prices forced the government to sell record quantities to boost local supplies
Pakistan must go for privatisation, ending untargeted subsidies: World Bank
Calls broadening tax base, reducing federal expenditure in areas devolved to provinces
Climate change and extreme weather: Lack of rain, heat could hinder Ivory Coast cocoa crop
Marketing for the mid-crop officially opens in early April, with a new farmgate price set by govt
India braces for heatwaves with impact seen on inflation, election
The South Asian nation is the world's second largest wheat producer.
Pakistan annual inflation declines to 20.7pc in March
It is the lowest reading since May 2022 when the CPI had clocked 13.8pc
Dear chocolate getting expensive: Ivory Coast to raise cocoa farmgate price by 50pc
Consumer expected to witness 'shrinkflation'
Gold hits record high as soft US inflation data cements June rate cut bets
It logged its biggest monthly rise in more than three years in March
Energy subsidy cuts likely to be Rs375bn in 2024-25, as Islamabad aims at new IMF deal
Move likely to produce adverse effects for consumers
Egypt population growth slows to 1.4pc, as a majority of people faces poverty
The Arab world's most populous country is currently home to just over 106m people
Climate change is slowing heatwaves, a phenomenon visible in Pakistan too
The changes have accelerated in particular since 1997
KSE-100 Index sets a new high as privatisation prospects boost morale
Reaches 67,010.94 a day after closing at 66,547.78
Yen on intervention watch as Japan wary of 'disorderly and speculative moves'
It is currently traded for 151.35 against dollar
Warning: The rich European Union may end up bulldozing your nearest landa bazaar
Low-income groups in countries like Pakistan rely on famous ‘landa bazaars’
Japan makes strongest intervention warning as yen hits 34-year low
Expert says Tokyo inaction will encourage people to push dollar higher
Wedding is a costly affair. It involves family honour even amid soaring inflation
China, battling low birth rates and high costs, encourages frugal weddings
Australia inflation doesn't see spike despite Taylor Swift effect
Slowing inflation one reason why RBA kept rates unchanged at 4.35pc for a third straight meeting
Domestic consumption should determine crop cultivation: Maryam Nawaz
Orders safety rods on bikes for protection against kite twines
