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Decline in global growth to affect Pakistan amid coronavirus outbreak: SBP official

The negative impact of the coronavirus on global growth will only remain for the next three-month period, said SBP Deputy Governor Murtaza Syed.

Twitter sees lift in user base, revenues

Twitter delivered a stronger-than-expected update for the fourth quarter showing an expanded user base and growing ad revenue

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, posting its slowest annual growth in three years in 2019

No turning point in sight as IMF predicts sluggish global growth

Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain

UK economy grows at slowest annual rate since 2010

Britain’s economy grew at the slowest annual rate in nearly a decade in the three months to the end of September

Softening demand drags Indian factory growth to two-year low in October

India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace

China’s factory activity edges up in September

China's manufacturing sector showed unexpected signs of improvement with two indexes showing Monday that manufacturing activity edged up in September

Global shares surge on China factory rebound, trade hopes

China’s official purchasing managers’ index (PMI) released on Sunday showed factory activity unexpectedly grew for the first time in four months in March.

IMF lowers growth forecast for Saudi Arabia, region

The world's top crude exporter, the kingdom has been hit hard by tumbling oil prices and saw its economy shrink by 0.9 percent in 2017.

Pakistan achieved 13-year high GDP growth of 5.8% in FY18: SBP report

Pakistan's economy achieved its 13-year highest real GDP growth of 5.8 percent in FY18, said the annual report released by the SBP.

Eurozone growth slows as trade tensions persist

BRUSSELS: Economic growth in the eurozone slowed in the second quarter, official data has shown, feeding concerns that global trade tensions fuelled by Washington...

Shamshad visits PSX, expresses satisfaction over growth performance

KARACHI: Caretaker Finance Minister Dr. Shamshad Akhtar, during a visit to the Pakistan Stock Exchange on Saturday, appeared upbeat over Pakistan's growth performance for...

Samsung Electronics profit growth slows on smartphone weakness

SEOUL: South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in...

Trump rips Harley-Davidson as company eyes overseas growth

Trump renewed his attacks on Harley-Davidson, threatening to tax the company for offshoring manufacturing.

China growth beats forecasts in face of trade row, financial risk

BEIJING: China's economy grew more than expected in the first quarter as it withstood headwinds from Beijing's fight against financial risk and pollution, and...

WTO warns protectionism threatens strong trade growth forecast

World Trade Organization said that it expects strong trade growth through this year and next but warned progress would be "undermined" if governments implement threatened protectionist measures.

Eurozone economy growth hits highest in decade

Growth in the eurozone shot up in 2017, putting Europe at the centre of a global recovery and on par with levels last seen...

IMF raises Saudi Arabian growth prospects over high oil prices

DUBAI: The International Monetary Fund on Monday raised its growth projection for the deficit-hit Saudi economy on the back of higher oil prices but...

How Pakistan’s economy fared in the year 2017

Pakistan's economic growth has historically been tumultuous and unsteady, which adds to the uncertainty of the country’s economic conditions. However, the latest trends show...

ECO summit to inject new impetus to regional economic growth: China

ISLAMABAD: China says the 13th Economic Cooperation Organization (ECO) summit held in Islamabad would give a new impetus to the regional economic growth. Chinese Foreign...
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