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All Stories: economic growth

Govt’s main focus on economic growth, jobs creation: Dar

ISLAMABAD: Finance Minister Ishaq Dar on Saturday said that the focus of the new federal budget is on growth and job creation, ARY News reported.

UN sees weak economic growth in 2016

UNITED NATIONS: The United Nations on Thursday said global economic growth for 2016 would reach 2.4 percent, revising its forecast downward by 0.5 percentage points due to weaknesses in developed economies.

Pakistan must speed up reform, employ more women for growth – World Bank

ISLAMABAD: Pakistan must speed up reform of the energy sector and bring more women into the labour force if it wants to quicken economic growth that lags far behind regional peers, the World Bank's country representative said on Monday.

IMF urges Gulf states to adapt to lower oil prices

DUBAI: The International Monetary Fund forecast Monday economic growth in the six-nation Gulf Cooperation Council will be 1.8 percent this year, down from 3.3 percent in 2015, and urged spending cutbacks.

Ahsan relates CPEC to Pakistan’s destiny

OKARA: Federal Minister for Planning and Development Ahsan Iqbal termed China Pakistan Economic Corridor (CPEC) a "golden opportunity" for Pakistan to change its destiny.

Eurozone business activity slows in February: survey

BRUSSELS: Eurozone private sector business activity slowed sharply in February, a closely watched survey said on Monday, with a warning that the economic outlook could weaken even further.

Weak U.S. business spending plans point to slower economic growth

WASHINGTON: A gauge of U.S. business investment plans fell for a second straight month in September, the latest indication that economic growth braked sharply in the third quarter.

Nike backs Obama on trade with pledge to create 10,000 U.S. jobs

PORTLAND, OREGON: Sports shoe maker Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 U.S.-based manufacturing jobs if the pact is approved.

India police tear gas protesters outside state parliament

NEW DELHI: Riot police in the southern Indian state of Kerala on Friday fired tear gas and water cannons as an opposition attempt to block the state government from presenting its annual budget turned violent.

China's 2014 economic growth misses target, hits 24-year low

BEIJING/SHANGHAI: China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid a sharper downturn.

No question of mid-term elections is state, says Shahbaz

LAHORE: The Chief Minister of Punjab, Shahbaz Sharif has said that there is no question of mid-term elections in the country, ARY News reported.

IMF urges China to focus on reforms, target 7 percent growth in 2015

The International Monetary Fund (IMF) recommended that China adopt an economic growth target of about 7 percent for 2015 and urged authorities to avoid...

World Bank sees China growth on track, urges reform

China is likely to meet its economic growth target of 7.5 percent this year, the World Bank said on Friday, but must persevere with...

China’s home prices inch down in May: surveys

BEIJING: China's home prices fell slightly in May from the previous month, two private surveys showed on Sunday, adding to fresh signs of cooling...
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