Economy

Coronavirus: Is this the end of civilisation as we know it?

The crisis has come as a new movement called "collapsology" -- which warns of the… Read More

Coronavirus plunges world economy into brutal recession

With none of world's regions set to escape unscathed, the recession could well last longer… Read More

FM Qureshi highlights issues faced by economy amid coronavirus outbreak

Foreign Minister Shah Mahmood Qureshi chaired a meeting to review negative impact of coronavirus on… Read More

Govt inclined to resolve issues of daily wage workers, journalists: SAPM Awan

SAPM Awan said that the government is very much inclined to resolve all the issues… Read More

Coronavirus: SBP announces relief for exporters under EFS, LTFF

State Bank of Pakistan (SBP) announced relief for exporters under the export finance scheme and… Read More

Tax exemptions, subsides to be given to counter economic slowdown: Hafeez Shaikh

Pakistan’s economy was on the stability path but the ongoing coronavirus has affected it likewise… Read More

Companies hit pause button as coronavirus infects economy

Layoffs and cutting costs... companies are trying to adapt as the coronavirus hits demand and… Read More

Britain deploys ‘big bazooka’ on coronavirus crisis

Britain on Wednesday unveiled its emergency economic response to the novel coronavirus outbreak, combining aggressive… Read More

Japan’s economy shrinks faster than estimated as virus compounds recession risk

The world’s third-largest economy shrank an annualized 7.1% in the three months through December, revised… Read More

Price of more Industry-related products to witness decline: Hammad Azhar

Federal Minister for Economic Affairs Hammad Azhar on Sunday said that the petroleum price was… Read More

India’s economic growth slows to 4.7%

India’s economy expanded by 4.7% in the December quarter compared with the same period a… Read More

UK: Recovering factories keep economy on track in February

British businesses kept up a solid rate of growth in February as factories posted the… Read More

Japan suffers worst economic slump in five years

Japan has suffered its worst quarterly GDP contraction in more than five years, with a… Read More

UK economy flat-lined in fourth quarter

Britain’s economy flat-lined in the final three months of 2019, when the country was in… Read More

Chinese central bank to pump $173 bln into economy in virus fight

PBOC said in a statement it would launch a 1.2 trillion yuan reverse repurchase operation… Read More

British Envoy, Hafeez Shaikh discuss economic prospects

British High Commissioner to Pakistan Dr. Christian Turner on Thursday called on Adviser to Prime Minister… Read More

US economy misses Trump’s 3% growth target in 2019

The U.S. economy missed the Trump administration’s 3% growth target for a second straight year,… Read More

India likely to raise import duties on more than 50 items

India plans to increase import duties on more than 50 items including electronics, electrical goods,… Read More

More than 400,000 German jobs at risk

The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, daily Handelsblatt… Read More

Big fat Indian wedding goes on a diet as slowdown bites

It is due to a sharp slowdown in the world's fifth-largest economy. Read More