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
South Korea consumer sentiment drops as food inflation emerges as top election issue
Experts have attributed higher prices of agricultural products in part to poor weather
Consumer stocks rise 18pc in India but are laggards
Wealth concentrated in the richest 1% is at its highest in six decades
Nigeria food banks cut back on handouts as prices soar
Nigeria is grappling with the worst cost of living crisis in decades
Australia to recommend minimum wage rise in line with inflation
Last July, the FWC hiked the minimum wage by 5.75% as costs of living surged
Inflation will be in single digit by end of 2025, claims Rana Tanveer
Only one and a half year is difficult, minister says
High inflation in Turkiye dampens Ramazan's high spirits
The price of olive oil increased by 149 per cent, turning it into a luxury item
UK inflation slows to lowest level in over two years
Economists are forecasting the Fed and European Central Bank will begin cutting rates from June
Number of South Korea marriages edges up in 2023 after 11 years of falls
Most South Koreans cite high housing costs as the biggest hurdle for getting married
State Bank expected to maintain interest rates today
Inflation in Feb was 23.1% against 28.3% in Jan
Pakistan interest rates expected to maintained at a 22pc high on Monday
Stock market has recently suffered losses amid fading hopes of reduction in borrowing costs
Boom times for Myanmar opium farmers as coup chaos bites
The UN office on drugs and crimes Myanmar produced an estimated 1,080 tonnes of opium last year
Germany property crisis will worsen and lead to more losses: Commerzbank
Pfandbriefbank says German office prices could fall further 10pc
IMF praises Pakistan, but wants stricter policies including no cheap gas for fertiliser plants
Visiting team starts final review of current programme, is briefed on govt plans
Stocks slide as market fears sustained interest rates in the coming months
The promises made by newly-appointed finance minister about IMF talks fail to boost confidence
Japan wage hikes: Toyota agrees to highest increase in 25 years
Panasonic, Nippon Steel also respond in full to the union demands
Aurangzeb is aiming at expanded long-term deal as IMF team arrives for last SBA review
Talks about boosting tax collection and expediting privatisation
Elevated food prices keep India inflation high
Cereal prices rose 7.60pc higher year-on-year in Feb compared to 7.83pc in the previous month
Declining property prices - 30pc of European office space may be 'obsolete': LaSalle
Says everyone has to accept the fact that pricing is down 30pc to 40pc
Cost of living crisis: Sports and music lessons for Chinese children in sharp decline
Chinese companies have lost business due to trade tensions with the West
KSE-100 Index down 1.45pc amid rising inflation and fading interest rate cut hopes
Market is in dire need of some catalyst to kickstart a crippled economy
Aurangzeb advocates new IMF deal as energy tariff hikes keep fuelling inflation
Release of $1.1bn under current arrangement is his first priority
Minister doesn't see South Korea home prices booming in future amid aging population
South Koreans cite high housing costs as the biggest reason behind nose-diving births and marriages
Interest rates continue creating fissures between governments and central banks
Brazil President Lula says central bank chief’s ‘stubbornness’ sole reason behind high rates
The $7.3tr Biden budget is campaign pitch for spending, tax goals
Proposed budget would raise tax receipts by $4.951 trillion over 10 years
Punjab govt approves environment-friendly urban bus project
Meeting also approves electric bike plan which will be launched on May 9
A familiar story: Currency devaluation, subsidy cuts worsen Nigeria cost of living crisis
A basket of tomatoes now costs 55,000 naira – about double the national minimum wage
A welcoming news for Pakistan: Japan weather bureau says 80pc chance El Nino will end in spring
El Nino associated with hot summers, lack of rainfall in South Asia; La Nina is brings the opposite
Egypt urban inflation jumps to 35.7pc in Feb as currency devaluation is expected to inflict more pain
Egypt has also opted for rate hikes by 6pc as it successfully secured an $8 billion deal with IMF
Japan Oct-Dec GDP revised up to slight expansion, economy avoids recession
Japan last week saw inflation-adjusted real wages in January shrinking for the 22nd month in a row
Shehbaz boosts Ramazan Relief Package to Rs12.5bn amid rising prices
Subsidy on four and ghee stands at Rs77 and Rs70 per kg respectively
Modi cuts LPG price, announces $15bn spending splurge
Modi has made high growth, infrastructure development his key poll plank in his last two tenures
Oil posts nearly 2pc weekly loss as markets weigh Chinese demand
OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts
Cereal prices down, but sugar and meat are up: FAO
Predicts higher wheat production in 2024 by North America, Russia, China, Pakistan, others
Mexican rate cuts loom as inflation maintains downtrend
Mexican rate cuts loom as inflation maintains downtrend
Brazil's public sector gross debt rises in January
Brazil's public sector gross debt rises in January
No marriage, no kids: More Chinese women choosing singledom as economy stutters
China's single population aged over 15 hit a record 239m in 2021
Gold extends rally to hit new record as Powell hints at US rate cut in 2024
Federal Reserve chief to speak again later in the day
Labour group wins big Japan wage hike for some members, talks continue
Real wages fall at slowest pace since Dec 2022; Waning cost-push inflation slows price rise
Egypt secures IMF deal but inflation-hit Egyptians feeling more price pain after currency devaluation
Sisi remains focused on mega-projects as Cairo follows the IMF conditions
Farmers from across India set to join 'Delhi Chalo' march as police arrest dozens
Action delays plan to converge on the capital
Egypt pound nosedives as Cairo goes for free trading, hikes interest rates by 6pc
Currency slides to 45 pounds for a dollar from previous level of 30 as govt meets key IMF demand
China price war: BYD makes its cheapest electric car cheaper
Chinese automakers are bringing new electric car models in droves to Australia - a friendly market
Australia interest rates: A crawling economy makes the case for slashing borrowing costs stronger
Treasurer Chalmers say balance of risks shifting
'Cost-effective' birds, beetles, bugs could help replace pesticides and increase crop yields
The presence of natural predators will reduce the input costs for everyone, including those in Pakis
In Argentina's barrios, rising poverty stalks Milei austerity drive
Argentina poverty rate topped 57 per cent at the start of the year
Rising dollar complicates worldwide efforts to fight inflation
US economy propels the world’s top currency as Europe, China and Japan can’t keep pace with it
China development model to be remodelled, as Beijing targets around 5pc economic growth
Li Qiang says Beijing will curb overcapacity, defuse property, debt risks
Inflation: Swiss voters back '13th month' pension payment
Proposal to increase retirement age rejected
Indian farmers to march on New Delhi in call for higher crop prices
The protests under the “Delhi Chalo March” began in early February
Pakistan trade deficit registers over 30pc decline in Jul-Feb 2023-24
Exports up 9pc, imports down nearly 12pc
Pakistan inflation sees slowest CPI jump in February since June 2022
The decrease for the second consecutive month is mainly due declining food prices
Australia PM defends action on cost of living amid by-election
Australian households have been under broad financial pressure from high inflation
Inflation: Germany public transport brought to near standstill amid industrial action
Talks between train drivers and Deutsche Bahn also fail
Cubans resigned to rising costs as gas price soars overnight
Cubans resigned to rising costs as gas price soars overnight
Govt plans massive increase in security fee for new power connections
Move to affect domestic, commercial, industrial consumers
Food prices? Australia crop yields, livestock face looming threat of warm and dry autumn
2023 was Australia's eighth-warmest year on record amid climate change
India farmer protest fuels opposition hopes of denting Modi's appeal
Real rural wages grew 1pc in 2023 after contracting nearly 3pc in the previous two years
Sicily drought leads to withering oranges, cows going hungry
The region's agrometeorology service said the second half of 2023 was the driest in over 100 years
South Korea military doctors to reach hospitals boost healthcare system
Move part of the govt measures amid ongoing protest by South Korean trainee doctors
Xian will give lottery tickets to newlyweds in bid to spur China birth rate
China is one of the world's most expensive places to bring up a child
G20 finance ministers have a lot on their plate - from regional conflicts to cost-of-living crisis
G20 accounts for over 80pc of global GDP, three-quarters of trade, two-thirds of world population
Global rich keep luxury property prices rising as Manila, Dubai soar: Knight Frank
Commercial real estate investment tumbled 46pc in 2023 to $698bn
Say cheese: Indian state to inspect global fast-food chains for finding real cheese
Scrutiny of McDonald's sparks wider crackdown which include Burger King, Pizza Hut, Domino's
Ex-cabinet advisor for sustained Japan negative rates, Fed official against pre-emptive cuts
Honda was an architect of the stimulus policy dubbed 'Abenomics
Food may have less influence in India CPI calculation amid spending trend shift
Indian farmers are already protesting and demanding higher prices
Japan inflation slows for third consecutive month to 2pc
Markets expect BOJ to end negative rates in March or April
Smartphone makers bet on AI to boost sales amid high inflation
Global shipments declined 3.2pc to 1.17bn units in 2023 in a second consecutive yearly decline
UK job vacancies fall 15pc year-on-year in January
Previously, Office for National Statistics showed 18pc annual fall for three months to January-end
Qatar gas production increase is coming amid collapsing LNG prices
It says Europe will continue to need gas for a long time, Asian market is driven by population
Young protesters determined to secure India agrarian reforms from Modi govt
One of them says their resolve to bring about the change helps face police every day
India consumer spending: More focus on discretionary items than food
Large parts of the population living in rural areas face stagnant incomes and high inflation
How to provide affordable housing? By imposing up to 20pc property flipping tax
Canada is facing a crisis amid rise in migrants and international students
Dollar index sees first weekly fall this year, yen remains the worst performer
The greenback has risen this year on enduring economic strength
India interest rate impeding growth goals, says committee member
Says the MPC's inflation projections of 4.5pc for 2024-25 do not warrant a repo rate of 6.5pc
Thousands protest as poverty and hunger grows amid Argentina austerity
38,000 meal centres received their last batch of govt supplies in Nov before Milei was inaugurated
Brent down 2pc, WTI falls over 3pc as US rate cut hopes dim
Fed governor sees 'no rush' to slash interest rates
What about rate cuts? WB says emerging economies must grow 'much faster' for debt repayment
The warning comes as the IMF is forcing countries like Pakistan to maintain monetary tightening
