Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (Dec 18, 2025) Currency Symbol Buying Selling Australian Dollar AUD 184.05 188.05 Bahrain Dinar BHD 743.55 753.55 Canadian Dollar CAD 202.25 205 China Yuan CNY 39.39 39.79 Danish Krone DKK 43.81 44.21 Euro EUR 330.05 333.05 Hong Kong Dollar HKD…
Author: S. Kamal Hayder Kazmi
Global stock market capitalization The global stock market capitalization is massive and growing, projected to hit around $137 trillion in 2025, with the U.S. leading significantly, followed by massive markets in China, Japan, Europe (like Germany, UK), and India. Key statistics show the U.S. holds the largest share, while growth rates fluctuate, influenced by economic events like the COVID-19 pandemic, with overall trends indicating a rise in total market value for listed companies globally, measured by value or as a percentage of GDP. Total Global Cap: Approaching or exceeding $130-$140 trillion (USD). Leading Countries (by Market Cap): United States (largest),…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD CROBEX [+] 12/16/2025 3,822.45 -0.36% -0.32% 1.19% 19.64% 19.78% CSE [+] 12/16/2025 273.70 -0.32% -0.65% -3.04% 28.02% 27.87% PX [+] 12/16/2025 2,594.49 0.44% 0.99% 4.58% 48.06% 47.40% OMXC20 [+] 12/16/2025 1,561.18 -1.06% -2.27% 2.38% -35.39% -25.74% EGX30 [+] 12/16/2025 42,002.37 -0.72% -0.15% 1.92% 36.37% 41.23% OMX Tallinn [+] 12/16/2025 1,992.68 -0.09% 0.47% 4.15% 14.31% 14.98% SPX Fiji [+] 12/16/2025 9,767.13 0.03% 0.00% 0.86% 8.42% 5.60% OMX25 [+] 12/16/2025 5,520.15 -0.10% 0.29% 1.09% 27.19% 27.90% GSE Ghana [+] 12/15/2025 8,678.04 -0.01% -0.01% 3.16% 83.33% 77.52% HANG…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] September 2025 3.0% 2.9% United Kingdom [+] October 2025 3.6% 3.1% Germany [+] November 2025 2.3% 1.8% France [+] November 2025 0.9% 0.8% Japan [+] October 2025 3.0% 1.9% Spain [+] November 2025 3.0% 2.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] November 2025 2.2% 2.1% Greece [+] November 2025 2.4% 2.3% Ireland [+] November 2025 3.2% 2.3% Andorra [+] November 2025 2.8% 2.7% Armenia [+] April 2025 2.7% 2.5% Angola [+] November 2025 16.6% 14.6% Argentina [+] November 2025 31.4% 27.9% Austria [+] October 2025 4.0%…
Malaysia’s economy seen on firmer footing Malaysia’s economy is now on a firmer trajectory towards more stable growth, underpinned by challenging structural reforms such as subsidy targeting, according to analysts. Despite operating in an uncertain global environment, stable inflation, a controlled fiscal deficit and supportive monetary policy have combined to create what analysts describe as a robust economic shield for the domestic economy. TA Securities projects that Malaysia’s gross domestic product will expand between 4.3 percent and 4.7 percent in 2026, driven by steady private consumption, continued cash assistance and favourable monetary conditions. The firm noted that while external uncertainty…
One event. world of maritime. this Feb, Copenhagen is the place to be The highly anticipated World Maritime Forum 2026 is set to become one of the most influential gatherings in the global shipping and ocean-tech community. Scheduled to take place at the exceptional Bella Sky Convention Center in Copenhagen, the event is poised to deliver a world-class experience that blends strategic insight, innovation, and high-level networking. Appropriately dubbed “One Event. World Of Maritime,” the forum captures the full scope of the industry’s current challenges and future opportunities. Bringing together 800 attendees, 50 international exhibitors, and an impressive lineup of…
EIA forecasts U.S. crude oil production will decrease slightly in 2026 In latest Short-Term Energy Outlook, experts forecast U.S. crude oil production will average 13.5 million barrels per day (b/d) in 2026, about 100,000 b/d less than in 2025. This forecast decline in production follows four years of rising crude oil output. Production increased by 0.3 million b/d in 2024 and by 0.4 million b/d in 2025, mostly because of increased output in the Permian Basin in Texas and New Mexico. In 2026, experts forecast modest production increases in Alaska, the Federal Gulf of America, and the Permian will be…
Management and economic development It can be said that there are no “underdeveloped countries.” There are only “under managed” ones. Management creates economic and social development. Economic and social development is the result of management. It can be said, without too much oversimplification, that there are no “under developed countries.” There are only “under managed” ones. Japan a hundred and forty years ago was an underdeveloped country by every material measurement. But it very quickly produced management of great competence, indeed, of excellence. This means that management is the prime mover and that development is a consequence. All our experience…
Pakistan can support growth and meet obligations through fiscal prudence, macro stability, and pro-growth policies According to the latest data released by the State Bank of Pakistan (SBP), Pakistan’s scheduled external debt repayments for the next 12 months stand at $31.69 billion, on the maturity profile of external debt obligations as of October 2025. Experts recorded that the Pakistan’s economy enlarged by 3.0 percent in FY2025, but cautioned that growth is probable to remain the same in the next fiscal year because of the impacts of the recent floods. Pakistan: Gross External Debt and Liabilities Position (Million US$) Gross External…
UAE hotels welcomed millions of guests, increased occupancy, revenue, and room inventory across the country In the first nine months of 2025, the experts showed that the UAE’s hospitality sector continued its strong upward trajectory, with hotels welcoming 23.27 million guests – up 4.9 percent as against to the same period in 2024 – resulting in greater than 79.3 million hotel room nights booked. No doubt, the UAE ranked among the world’s top 7.0 destinations for international tourist spending. Hotel revenues for the first nine months of the year saw a notable rise of 7.2 percent, surpassing AED35.9 billion ($9.78…
Real GDP Growth In The GCC Economies (%) Details 2022 2023 2024 2025f 2026f GCC 7.1 1.3 2.2 3.6 4.3 UAE 7.5 4.3 4.0 4.9 5.3 Saudi Arabia 7.5 0.5 2.0 3.6 3.9 Qatar 4.2 1.4 2.4 2.4 5.6 Kuwait 5.9 -3.6 -2.8 1.9 3.1 Oman 8.0 1.2 1.7 2.3 3.6 Bahrain 6.2 3.9 2.8 2.8 3.0 UAE CPI Inflation (Y-o-Y, %) Details Weights Q3 – 2024 Q4 – 2024 Q1 – 2025 Q2 – 2025 All Items 100.0 1.5 1.0 1.4 0.6 Housing, water, electricity, and gas 35.1 3.2 3.5 3.9 4.1 Transportation 12.7 -3.7 -7.8 -3.3 -9.5 Food…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (Dec 05, 2025) Currency Symbol Buying Selling Australian Dollar AUD 184.5 188.5 Bahrain Dinar BHD 744.5 754.5 Canadian Dollar CAD 200.05 204.75 China Yuan CNY 39.26 39.66 Danish Krone DKK 43.17 43.57 Euro EUR 327.5 330.5 Hong Kong Dollar HKD…
Major Gulf markets gain on oil Major stock markets in the Gulf rose in early trade on Thursday, supported by climbing oil prices and anticipation of next week’s U.S. Federal Reserve meeting, as investors look to upcoming data for clearer signals on the central bank’s interest rate path. Oil prices firmed after Ukrainian attacks on Russia’s oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal restoring Russian oil flows to global markets, though weak fundamentals kept gains limited. Saudi Arabia’s benchmark index gained 0.5 percent, with Saudi Arabian Mining Company climbing 1 percent while…
STOCK MARKET INDEXES Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD ASE Amman [+] 12/03/2025 3,425.00 -0.03% 0.06% 3.07% 40.95% 37.62% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 22.79% KSW Kuwait [+] 12/02/2025 9,370.92 -0.08% -0.61% -1.98% 20.63% 19.55% KSE Kyrgyz [+] 12/02/2025 6,378.16 0 0 -3.07% 60.26% 56.56% LSX Index [+] 12/01/2025 1,209.76 -0.14% -0.14% -6.36% 6.34% 5.19% OMX Riga [+] 12/03/2025 928.98 0.07% 0.50% 1.89% 6.32% 6.87% OMX Vilnius [+] 12/03/2025 1,285.57 -0.10% 0.49% 1.81% 23.74% 20.66% LuxX [+] 12/02/2025 1,727.22 -0.58% -1.35% 1.14% 29.39% 32.46% FBMKLCI [+] 12/02/2025 1,630.60 0.37% 1.63% 1.33%…
CPI COUNTRIES Countries Date CPI Interannual Accum. since January United States [+] September 2025 3.0% 2.9% United Kingdom [+] October 2025 3.6% 3.1% Germany [+] October 2025 2.3% 2.1% France [+] November 2025 0.9% 0.8% Japan [+] October 2025 3.0% 1.9% Spain [+] November 2025 3.0% 2.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] October 2025 2.3% 2.4% Greece [+] October 2025 2.0% 2.3% Ireland [+] October 2025 2.9% 2.4% Andorra [+] October 2025 2.7% 2.3% Armenia [+] April 2025 2.7% 2.5% Angola [+] October 2025 17.4% 13.7% Argentina [+] October 2025 31.3% 24.8% Austria [+] October 2025 4.0%…
Malaysia leads Southeast Asia Malaysia is now the fastest-growing digital economy in Southeast Asia with a year-on-year increase of 19 percent, and on track to reach $39 billion in gross merchandise value (GMV) this year, according to the 10th edition of the e-Conomy SEA Report 2025. The report, released by Google, Temasek, and Bain & Company, noted Malaysia’s e-commerce continues to expand at a healthy pace, making up the biggest driver of the country’s digital economy and reaching $20 billion by 2025. The sector has grown 21 percent year-on-year in GMV, the second-fastest rate in Southeast Asia (SEA). This was…
Methanol gains momentum as marine fuel As the global shipping industry navigates the complex path toward decarbonization, methanol is emerging as a practical alternative fuel option, supported by growing investment and established infrastructure. However, significant economic and supply barriers remain before the fuel can achieve widespread adoption, according to a new analysis from classification society DNV. The maritime sector’s interest in methanol is reflected in concrete numbers: over 450 methanol-capable vessels are currently in operation or on order, with technical solutions now available for all major ship types. Modern dual-fuel engine designs have accumulated more than 600,000 operating hours on…
Harmonize the immediate long-range future A manager must, so to speak, keep his nose to the grindstone while lifting his eyes to the hills-quite an acrobat feat. A manager has two specific tasks. The first is creation of a true whole that is larger than the sum of its parts, a productive a more than the sum of the resources put into it. The second specific task of the manager is to harmonize in every decision and actions the requirements of the immediate and of the long-range future. A manager cannot sacrifice either without endangering the enterprise. If a manager…
Overseas workers’ remittances rose 8.41pc, reaching $9.536 billion during July–September FY2026 According to the State Bank of Pakistan (SBP), the overseas workers’ remittances witnessed a rise of 8.41 percent during the first quarter (July-September) of FY2026. Remittance is a method of money transfer that can be sent through wire transfer, draft, cheque, or e-payment mode. These remittances can be utilized for making payments in the form of invoice orders or other kinds. Precisely, the terminology designates the transfer by the person working in one country to his/her family residing in another country. SBP mentioned an inflow of $9.536 billion was…
October 2025 CPI remained 5-6pc despite flood-related disruptions and pressure on essential commodities Global growth is projected at 3.3 percent both in 2025 and 2026, below the historical (2000–19) average of 3.7 percent. The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in other major economies. Global headline inflation is expected to decline to 4.2 percent in 2025 and to 3.5 percent in 2026, converging back to target earlier in advanced economies than in emerging market and developing…
Student enrolment increased in primary, middle, secondary, higher secondary, degree colleges, technical institutions According to the Population and Housing Census, 2023, Pakistan’s literacy rate stands at 60.65 percent. The male literacy rate is higher at 68.0 percent, as against to 52.84 percent for females. A significant contribution of the census was the inclusion of the literacy rate of transgender, which stands at 40.15 percent. The literacy rate in urban areas is substantially higher than the national average, registered at 74.09 percent, as against to 51.56 percent in rural areas. This highlights the continued challenge of the urban-rural divide in access…
Pakistan aims GDP growth 4.2–5.7pc, increasing national economy, exports and remittances over three years According to the Organisation for Economic Co-operation and Development (OECD), the global GDP growth is projected to slow from 3.3 percent in 2024 to 3.2 percent in 2025 and 2.9 percent in 2026, as higher tariffs and ongoing policy uncertainty slow down investment and trade. Statistics showed that in the United States, growth is projected to decline sharply from 2.8 percent in 2024 to 1.8 percent in 2025 and 1.5 percent in 2026 owing to higher tariff rates, moderating net immigration and reductions in the federal…
Improved healthcare infrastructure and expanded programs strengthen service delivery and support economic growth nationwide International experts recorded that the global health sector is a critical and transformative industry that includes both public and private entities offering health services, but it is also a major engine for job creation. Major trends like technological advancements and shifting patient needs are driving its evolution, while investments in the sector create direct and indirect career opportunities in areas like pharmaceuticals and digital health. Ensuring adequate funding is crucial for strengthening health systems, enhancing service delivery, and creating career opportunities to support economic growth and…
Modern cameras and digital monitoring aim to curb accidents, promotes transparency, improve safety and streamline traffic flow Traffic e-ticketing systems are widely used around the world to issue fines automatically using cameras and sensors. Their purpose is to improve efficiency, limit corruption, and deliver digital challans to violators through mail, SMS, or online platforms. Similar systems are being adopted in Pakistan, including Karachi, where the Sindh Police rolled out a new faceless e-challan system in October 2025. The initiative is designed to modernize traffic enforcement in the city and minimize direct contact between traffic police and drivers. To ensure a…
Pakistan experienced extreme heat, unpredictable rainfall, and catastrophic floods driven by increasing climate change impacts Pakistan, a country with over a quarter billion people, is one that is extremely vulnerable to climate change. Pakistan, with 25 percent of its population living in poverty, contributes just 1 percent of global greenhouse gas emissions. Nevertheless, it experiences increasingly frequent heatwaves, droughts, and catastrophic floods driven by the changing climate. In the economic survey FY2025, it was recorded that the year 2024 witnessed severe climate phenomena in our country, characterized through extreme heat, unpredictable rainfall, and regional disparities, highlighting the increasing effects of…
Listed banks earned Rs170 billion profit in 3Q2025, marking 8pc year-on-year growth According to Economic Survey of FY2025, the State Bank of Pakistan (SBP) continued to operate within its regulatory and supervisory ambit during FY 2025 to create a conducive and thriving environment for the banking industry. It is recorded that the banking sector of the country showed a steady performance that is reflected in the major financial soundness indicators related to capital adequacy, earnings, and asset quality. Assets base of the sector grew by 15.8 percent year on year (YoY) in FY2024 to reach Rs 53.7 trillion by close…
Quantum Index Of Selected Large-Scale Manufacturing Items* (YOY Growth) (Base Year: 2015-16) (P) S. No. Descriptions of Items Weight Adjusted Weight August 2024 2025 A Manufacturing of Food 10.69 13.64 1.19 8.06 1. Sugar, Bakery Products and Chocolate 3.43 4.37 0.00 0.00 2. Cooking Oil 1.48 1.88 -0.02 13.16 3. Vegetable Ghee 1.38 1.75 -4.76 2.82 4. Wheat and Rice Milling 3.66 4.67 4.76 9.19 5. Starch & Its Products 0.27 0.35 -0.51 0.53 6. Tea Blended 0.48 0.62 -14.53 -11.87 B Manufacturing of Beverages 3.84 4.91 -5.87 7.23 1. Soft Drinks and Mineral Waters 1.63 2.08 0.38 -3.68 2.…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (as on Nov 13, 2025) Currency Symbol Buying Selling Australian Dollar AUD 185.6 190.6 Bahrain Dinar BHD 747.1 754.6 Canadian Dollar CAD 205.75 212.75 China Yuan CNY 39 39.4 Danish Krone DKK 43 43.4 Euro EUR 332.1 335.6 Hong Kong…
Shanghai stock benchmark hits China stock edged up on Thursday, led by gains in new energy sector shares, while investors awaited key economic data due on Friday. The Shanghai Composite index was up 0.7 percent at 4,029.50 to its highest since 2015 and ended a two-day decline. China’s blue-chip CSI300 index climbed 1.2 percent. Leading gains, the CSI New Energy Vehicle Index surged 6.2 percent to a three-year high, and the New Energy Index rallied 4.7 percent in its biggest single-day gain in two weeks. Japan’s Nikkei drops 2pc Japan’s Nikkei share average fell by as much as 2 percent…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD LSX Index [+] 11/12/2025 1,312.16 3.29% 2.09% -0.52% 18.74% 14.09% OMX Riga [+] 11/13/2025 921.36 -0.02% 0.55% 1.02% 5.79% 5.99% OMX Vilnius [+] 11/13/2025 1,270.76 0.04% 0.64% 0.68% 22.13% 19.27% LuxX [+] 11/12/2025 1,676.33 0.93% 1.82% -0.94% 24.00% 28.56% FBMKLCI [+] 11/12/2025 1,631.61 -0.20% 0.77% 0.58% 1.44% -0.65% MSE Malta [+] 11/11/2025 3,781.10 0.29% 0.12% 1.21% -1.18% 0.38% SEMDEX [+] 03/28/2025 2,486.75 -1.59% -1.59% -1.70% 17.07% 3.71% IPC MEXBOL [+] 11/12/2025 63,190.66 -1.76% -0.29% 4.33% 23.67% 27.53% MSE TOP-20 [+] 11/12/2025 50,998.15 0.08% 3.81% 2.90%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] September 2025 3.0% 2.9% United Kingdom [+] September 2025 3.8% 2.7% Argentina [+] September 2025 31.8% 22.0% Austria [+] September 2025 4.0% 2.7% Australia [+] September 2025 3.2% 3.0% Belgium [+] October 2025 2.0% 1.4% Bulgaria [+] April 2025 3.5% 1.9% Bolivia [+] October 2025 22.2% 19.2% Brazil [+] October 2025 4.5% 3.7% Belarus [+] December 2024 5.2% 0.6% Belize [+] September 2025 0.6% 0.4% Canada [+] September 2025 2.4% 2.3% Switzerland [+] October 2025 0.1% 0.3% Chile [+] December 2023 3.9% 3.9% China [+] November 2024 0.2%…
Indonesia in statistics Real GDP is projected to grow by 4.7 percent in 2025 and 4.8 percent in 2026. Low inflation and easing financial conditions will spur private consumption and investment. However, uncertainty about domestic fiscal policy will temper these gains, while export growth is expected to slow amid global trade tensions. Inflation is projected to pick up to 2.3 percent in 2025 and 3 percent in 2026, as the recent depreciation of the currency gradually feeds into domestic prices. The current account deficit is expected to widen modestly, but a further decline in commodity prices could exacerbate this by…
Global marine vessels market International experts provided a global forecast for the marine vessels market from 2025 to 2034. The market value in 2024 was $112.3 BN, projected to grow to $155.4 BN by 2034. The Commercial Vessel segment held a market size of $81.9 BN in 2024. The U.S. market size was $12.7 BN in 2024. The report forecasts a Compound Annual Growth Rate (CAGR) of 3.4 percent between 2025 and 2034. Ports around the world are decarbonizing? Did you know that 80 percent of international trade and the goods we use in our everyday lives travel by sea…
Brazil, Guyana, and Argentina lead next wave of non-opec oil production 2030 Oil from offshore Brazil, Guyana, Suriname, and Argentina’s Vaca Muerta shale play will be key sources of cost-competitive non-OPEC oil supply through 2030, Rystad Energy has predicted. Rystad has predicted that global liquids demand will peak in the 2030s at around 107 million barrels per day (bpd), maintain a plateau above 100 million bpd through the 2040s before declining to around 75 million bpd by 2050. According to the Norwegian energy consultancy, non-OPEC+ supply will be key to balancing the global market, with cheap oil from South America…
The transnational company Successful transnational companies see themselves as separate, non national entities. Most companies doing international business today are still organized as traditional multinationals. But the transformation into transnational companies has begun, and it is moving fast. The products or services may be the same, but the structure is fundamentally different. In a transnational company there is only one economic unit, the world. Selling, servicing, research, finance, marketing, pricing, and management are conducted in contemplation of the world market. One of America’s leading engineering companies, for instance, makes one critical part for al its forty-three plants worldwide in one…
* Rising feed costs and disease outbreaks threaten profitability, demanding improved strategies and supply chain integration International experts recorded that the global poultry sector is a massive, fast-growing part of the food system, driven by population growth, rising incomes, and changing dietary preferences. Statistics showed that the global market revenue was an estimated $379 billion in 2023 and is projected to grow to $494.55 billion by 2028. This sector particularly in developing countries, has become the fastest-growing agricultural sub-sector. Pakistan: Estimated Domestic/Rural & Commercial Poultry Details 2022-231 2023-241 2024-251 Domestic Poultry (million Nos.) 94.04 95.50 96.98 Cocks (million Nos.) 13.55…
Lack of research, storage, and cooling facilities causes massive milk yield and wastage losses No doubt, milk is the major and the single largest precious product of the sector in Pakistan. Milk production is predominantly led through the dairy animal population rather than milk yield. Small dairy farmers, milkmen, processing companies, and consumers constitute the dairy sector in the country. It faces numerous challenges; economically impacting all the stakeholders. However, the real challenge is unsustainable productivity, which must be addressed through appropriate policies and incentives to revitalise the dairy sector in Pakistan. Statistics showed that the global dairy milk production…
The Average Cost Of A Healthy Diet Details Cost of a healthy diet (PPP dollars) 2019 2020 2021 2022 2023 2024 World 3.30 3.43 3.60 4.01 4.30 4.46 Africa 3.21 3.32 3.52 3.89 4.18 4.41 Northern Africa 3.46 3.44 3.65 3.99 4.51 4.76 Sub-Saharan Africa 3.18 3.31 3.51 3.88 4.15 4.37 Eastern Africa 3.23 3.33 3.51 3.88 4.18 4.48 Middle Africa 3.25 3.40 3.64 4.02 4.24 4.39 Southern Africa 3.28 3.43 3.64 3.96 4.27 4.44 Western Africa 3.06 3.19 3.39 3.77 4.01 4.21 Asia 3.36 3.54 3.72 4.09 4.31 4.43 Central Asia 3.10 3.26 3.38 3.70 3.81 3.78 Eastern Asia…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Oct 17, 2025) Currency Symbol Buying Selling Australian Dollar AUD 185.5 190.5 Bahrain Dinar BHD 746.7 754.2 Canadian Dollar CAD 205.5 212.5 China Yuan CNY 39.85 40.25 Danish Krone DKK 44.6 45.2 Euro EUR 331.8 335.3 Hong Kong Dollar…
Global markets decline and gold hits record high Global stock markets fell sharply and gold hit a record high after two US regional banks said they had been exposed to millions of dollars of bad loans and alleged fraud. Signs of credit stress rattled markets across Europe and Asia. In London the FTSE 100 fell 1.5 percent, Germany’s Dax fell 2 percent, the Ibex in Spain was off 0.8 percent and France’s Cac 40 dropped 1.5 percent, before recovering some ground. Concerns over credit stress in the network of loans to businesses across the world’s largest economy fuelled heavy losses…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD JCI Jakarta [+] 10/16/2025 8,124.76 0.91% -1.61% 2.10% 6.22% 14.76% TA-35 [+] 10/16/2025 3,210.91 -1.17% -0.66% 5.13% 50.20% 34.07% ASE Amman [+] 10/16/2025 3,289.56 0.91% 5.53% 7.06% 37.41% 32.18% KASE [+] 10/17/2025 7,045.23 -0.69% -1.56% -0.30% 35.70% 26.30% KSW Kuwait [+] 10/16/2025 9,412.74 0.37% 1.42% -0.33% 23.51% 20.08% KSE Kyrgyz [+] 10/16/2025 6,601.86 0 0 0.05% 70.19% 62.05% LSX Index [+] 10/16/2025 1,305.95 -0.08% -0.99% -9.66% 31.15% 13.55% OMX Riga [+] 10/17/2025 912.02 0.25% 0.06% 0.04% 3.03% 4.91% OMX Vilnius [+] 10/17/2025 1,267.22 0.44% 0.32%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] August 2025 2.9% 2.7% United Kingdom [+] August 2025 3.8% 2.7% Germany [+] September 2025 2.4% 1.7% France [+] September 2025 1.2% 0.8% Japan [+] August 2025 2.8% 1.3% Spain [+] September 2025 3.0% 1.7% Italy [+] March 2025 2.0% 1.2% Portugal [+] September 2025 2.4% 2.4% Greece [+] September 2025 1.9% 2.2% Ireland [+] September 2025 2.7% 2.0% Andorra [+] September 2025 2.8% 2.2% Armenia [+] April 2025 2.7% 2.5% Angola [+] September 2025 18.2% 12.6% Argentina [+] September 2025 31.8% 22.0% Austria [+] August 2025 4.1%…
Malaysia’s economy grew 5.2pc in q3 on-year Malaysia’s economy grew 5.2 percent in the third quarter from a year earlier, official advance estimates showed on Friday, accelerating from the first half of the year on strong domestic consumption. In the second quarter, Malaysia’s gross domestic product had expanded by 4.4 percent on an annual basis, matching the pace set in the first three months of the year, despite a slowdown in exports. The increase in the July-to-September quarter was underpinned by solid performances in all sectors, with domestic demand continuing to drive growth, the statistics department said in a statement.…
Pakistan and Egypt explore JVS in ports, logistics Pakistan and Egypt have agreed to deepen cooperation in maritime and industrial sectors, aiming to expand joint ventures and boost their blue economies. According to an official statement issued on Wednesday, the understanding was reached during a meeting between Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Egypt’s Ambassador to Pakistan, Dr Ihab Mohamed Abdelhamid Hassan, on Wednesday. Both sides reaffirmed their commitment to strengthening economic and maritime ties, discussing collaboration in port development, shipping, logistics, and industrial ventures. The talks focused on tapping the growing potential of the blue…
‘Outraged’ Donald says nations to ‘vote NO’ on shipping’s carbon tax at IMO President Donald Trump has issued a stark warning to nations supporting a global carbon tax on shipping, threatening economic retaliation as the International Maritime Organization votes on its Net-Zero Framework in London this week. In a post on Truth Social, Trump declared the United States “will NOT stand for this Global Green New Scam Tax on Shipping, and will not adhere to it in any way, shape, or form.” The president characterized the measure as a threat to American consumers and called on member states to “vote…
Australia’s coal output rises sharply The coal sector is facing a bleak future in the global energy market if current trends are anything to go by. However, an unexpected rise in Australia’s coal output has given the century-old fuel a boost amid an uncertain market. The world has been consumed by the inevitable transition away from the fossil fuel sector towards the polar bear-friendly renewable energy sector. As the global community fosters the new and wonderful world of solar, wind, and nuclear power, coal has seen a sharp increase in the nation down under. The coal sector overall has seen…
A social ecologist For me the tension between the need for continuity and the need for innovation and change was central to society and civilization. I consider myself a “social ecologist,” concerned with man’s man-made environment the way the natural ecologist studies the biological environment. The term “social ecology” is my own coinage. But the discipline itself boasts and old and distinguished lineage. Its greatest document is Alexis de Tocqueville’s Democracy in America. But no one is as close to me in temperament, concepts, and approach as the mid-Victorian Englishman Walter Bagehot. Living (as I have) in an age of…
Islamic banking branches expanded nationwide, strengthening financial inclusion and deepening Pakistan’s Islamic finance system Islamic banking in Pakistan follows Shariah principles through avoiding interest (Riba) and focusing on profit and loss sharing, trading, and investment. The State Bank of Pakistan (SBP) regulates and promotes a stable and competitive Islamic finance system. The industry consists of full-fledged Islamic banks and conventional banks with standalone Islamic banking branches, offering Shariah-compliant products across various sectors. As per SBP report released in June 2025, the Islamic banking industry in the country sustained its strong growth trajectory during the second quarter of 2025, further consolidating…
Pakistan’s banking sector showed resilience with robust capital buffers, growing deposits, and steady solvency position Experts revealed that the global banking sector is crucial for economies because it facilitates financial intermediation, efficiently moving money from savers to borrowers, enabling investment, economic growth, and job creation. Banks provide essential credit for businesses, infrastructure, and innovation, promote financial inclusion, help countries manage economic shocks, and support international trade by speeding up payments across borders. A healthy and well-regulated banking system is a backbone for economic development, leading to greater prosperity and higher living standards. Experts also revealed that the global economic growth…
Pakistan: Financial Soundness Indicators Of The Banking System (%) Indicators Sep-24 Dec-24 Mar-25 Jun-25 CAPITAL ADEQUACY Risk Weighted CAR Public Sector Commercial Banks 23.1 24.6 24.6 24.3 Local Private Banks 20.1 18.7 19.4 19.6 Foreign Banks 44.5 43.0 44.9 53.0 Commercial Banks 21.3 20.4 20.9 21.1 Specialized Banks 34.8 38.5 38.9 42.2 All Banks 21.5 20.6 21.2 21.4 Tier 1 Capital to RWA Public Sector Commercial Banks 17.7 18.6 18.9 18.4 Local Private Banks 15.5 14.7 15.7 15.5 Foreign Banks 43.0 42.3 44.7 52.6 Commercial Banks 16.7 16.1 17.0 16.9 Specialized Banks 31.2 35.4 35.9 39.0 All Banks 16.9 16.4…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (Oct 02, 2025) Currency Symbol Buying Selling Australian Dollar AUD 185 190 Bahrain Dinar BHD 746.4 753.9 Canadian Dollar CAD 205 212 China Yuan CNY 39.52 39.92 Danish Krone DKK 44.15 44.75 Euro EUR 331.5 335 Hong Kong Dollar HKD…
Most Gulf shares slightly higher Most stock markets in the Gulf ended slightly higher on Wednesday, as the US government shutdown raised concerns about the delay in the release of crucial jobs data, clouding future interest rate trends. The US government shut down much of its operations as partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long, grueling standoff that could lead to the loss of thousands of federal jobs. The shutdown could also delay the release of key economic data, including the non-farm payrolls report due on Friday.…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD CROBEX [+] 09/30/2025 3,798.11 0.01% 0.03% 2.60% 29.26% 19.02% CSE [+] 09/30/2025 287.05 -0.46% -0.31% -2.24% 49.47% 34.11% PX [+] 09/30/2025 2,330.42 -0.26% -0.01% 2.76% 44.64% 32.40% OMXC20 [+] 09/30/2025 1,522.60 -1.10% -0.51% -3.14% -38.85% -27.58% EGX30 [+] 10/01/2025 36,754.37 0.23% 3.04% 4.54% 15.34% 23.58% OMX Tallinn [+] 10/01/2025 1,924.43 0.73% -0.49% -4.67% 13.97% 11.05% SPX Fiji [+] 10/01/2025 9,558.96 -0.08% 0.44% 1.29% 3.87% 3.35% OMX25 [+] 09/30/2025 5,015.78 0.17% 0.46% 1.89% 5.92% 16.22% GSE Ghana [+] 09/30/2025 8,168.35 0.08% 0.60% 11.43% 86.94% 67.09% HANG…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] August 2025 2.9% 2.7% United Kingdom [+] August 2025 3.8% 2.7% Germany [+] August 2025 2.2% 1.5% France [+] September 2025 1.2% 0.8% Japan [+] August 2025 2.8% 1.3% Spain [+] September 2025 2.9% 1.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] August 2025 2.8% 1.4% Greece [+] August 2025 2.9% 1.3% Ireland [+] August 2025 2.0% 2.2% Andorra [+] August 2025 2.2% 0.9% Armenia [+] April 2025 2.7% 2.5% Angola [+] August 2025 18.9% 11.5% Argentina [+] August 2025 33.6% 19.5% Austria [+] August 2025 4.1%…
Maldivian economy growing at a good pace President Dr. Mohamed Muizzu has stated that the Maldivian economy is growing at a good pace and that the administration will begin a project to build an additional 3,000 housing units in Male’. After a hiatus, administrative party PNC conducted a rally last night, where President Muizzu announced that an additional 3,000 housing units will be built outside the current 4,000 housing unit project. The 4,000 housing units will be built with funding under India’s line of credit. “Thankfully, everything [regarding building of the 3,000 housing units] is going well. One of my…
By poorly secured cargo, Australian authorities highlight risks posed The Australian Maritime Safety Authority (AMSA) is raising concerns over high numbers of container ships arriving at the country’s ports with poorly stowed and secured cargo. In its latest edition of the Maritime Safety Awareness Bulletin, AMSA highlights recent inspections of boxships visiting various ports where serious safety deficiencies have been discovered, ranging from overloaded stacks to corroded securing gear and cargo not appropriately secured during voyages. Safety remains a top priority for AMSA, which is known for its regular enforcement actions, including banning containerships and bulk carriers from Australian waters…
Natural resources in short Globally, natural resource value is led by Russia ($75 trillion), the U.S. ($45 trillion), and Saudi Arabia ($34 trillion), with the value being a combination of oil, gas, coal, timber, and minerals. The World Bank tracks natural resource depletion and rents as a percentage of a country’s Gross National Income (GNI). The U.S. has the largest proven coal reserves and significant natural gas, oil, and metal reserves, while Russia holds the world’s largest proven natural gas reserves and significant gold and oil reserves. Palm slips as weak rival oils, crude oil rates weigh Malaysian palm oil…
Society of performing organization “By their fruits ye shall know them.” Society in all developed countries has become a society of organizations in which most, if not all, social tasks are being done in and by an organization. Organizations do not exist for their own sake. They are means: each society’s organ for the discharge of one social task. The organization’s goal is a specific contribution to individual and society. The test of its performance, unlike that of a biological organism, therefore, always lies outside itself. This means that we must know what “performance” means for this or that institution.…
Saudi Arabia’s GDP growth expected at 4.3pc, driven by stronger oil output and resilient non-oil According to the Saudi economic experts, Saudi Arabia’s economy is expected to accelerate in 2025, buoyed by higher oil production and resilient non-oil activity. The forecast points to 4.3 percent GDP growth, a sharp improvement from 2 percent in 2024, as the Kingdom benefits from an anticipated 5.3 percent rebound in oil activity alongside a 4.6 percent expansion in non-oil sectors. However, the stronger growth outlook is accompanied by a widening fiscal gap. In this year, the government deficit is projected to reach 4.3 percent…
Inflation declined, current account surplus, fiscal deficit narrowed, primary balance strengthened, stock exchange bullish As per the government of Pakistan officials, Pakistan’s economy in FY2025 has been widely recognized as a notable macroeconomic success among emerging markets. It has demonstrated overall stabilization and is rebuilding confidence, amidst a challenging global environment and regional geopolitical risks. Improvements have been observed across all major macroeconomic indicators: inflation has declined from double digits to a single digit, the current account deficit has shifted to a surplus, the fiscal deficit has narrowed, the primary balance has further strengthened, and the Pakistan Stock Exchange maintains…
The Saudi Economy In Statistics Details 2020 2021 2022 2023 2024E 2025F 2026F Nominal GDP (SR billion) 2,754 3,278 4,157 4,003 4,069 4,187 4,411 ($ billion) 734 874 1,109 1,068 1,085 1,117 1,176 (% change) -12.4 19.1 26.8 -3.7 1.6 2.9 5.3 Real GDP (SR billion) 2,754 3,278 4,157 4,003 4,069 4,187 4,411 Non-oil activities -2.9 7.4 5.6 4.4 4.3 4.4 4.5 Government activities -0.6 1.1 4.6 2.1 2.6 2.0 2.2 Total -3.6 5.1 7.5 -0.8 1.3 3.7 3.9 Oil indicators (average) Brent ($/b) 42 71 104 84 80 75 75 Production (million b/d) 9.2 9.1 10.6 9.6 9.0 9.2…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Sep 19, 2025) Currency Symbol Buying Selling Australian Dollar AUD 187.2 192.2 Bahrain Dinar BHD 749.4 756.9 Canadian Dollar CAD 203.1 208.1 China Yuan CNY 39.46 39.86 Danish Krone DKK 44 44.4 Euro EUR 332.6 337.6 Hong Kong Dollar…
China benchmark closes lower China stocks ended lower on Thursday, reversing intraday gains that spurred the benchmark to a 10-year high, as investors booked profits from the sharp rally and the US rate cut optimism bets. Shanghai Composite index was down 1.15 percent at 3,831.66, after earlier hitting 3,899.96, its highest level since August 2015. Blue-chip CSI300 index was down 1.16 percent. Following the Federal Reserve’s 25-basis-point rate cut, China’s central bank left a key rate unchanged on Thursday, as authorities appear in no rush to ease monetary settings. China’s benchmarks may face short-term pressure, as the market had been…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD HANG SENG [+] 09/17/2025 26,908.39 1.78% 1.97% 6.48% 52.37% 34.14% BUX [+] 09/17/2025 99,347.92 -0.53% -1.83% -5.51% 36.68% 25.24% ICEX [+] 09/17/2025 2,104.98 -1.05% -1.00% 0.30% 4.88% -11.88% NIFTY [+] 09/17/2025 25,330.25 0.36% 0.86% 2.84% -0.35% 7.02% JCI Jakarta [+] 09/17/2025 8,025.18 0.85% 2.18% 1.61% 2.47% 13.35% TA-35 [+] 09/17/2025 2,996.85 -1.88% -3.10% 1.00% 49.98% 25.13% ASE Amman [+] 09/17/2025 3,085.24 0.41% 2.00% 4.22% 28.46% 23.97% KASE [+] 09/18/2025 7,117.91 0.73% -0.63% 4.15% 36.54% 27.60% KSW Kuwait [+] 09/17/2025 9,440.43 -0.04% 0.28% 0.93% 21.92% 20.43%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] August 2025 2.9% 2.7% United Kingdom [+] August 2025 3.8% 2.7% Germany [+] August 2025 2.2% 1.5% France [+] August 2025 0.9% 1.8% Japan [+] July 2025 3.0% 1.1% Spain [+] August 2025 2.7% 2.0% Italy [+] March 2025 2.0% 1.2% Portugal [+] August 2025 2.8% 1.4% Greece [+] August 2025 2.9% 1.3% Ireland [+] August 2025 2.0% 2.2% Andorra [+] August 2025 2.2% 0.9% Armenia [+] April 2025 2.7% 2.5% Ghana [+] September 2024 21.5% 17.6% Equatorial Guinea [+] August 2025 2.0% 0.9% Guatemala [+] March 2024…
Indonesia’s surprise rate cut Bank Indonesia’s rate cut this week stunned markets for all the wrong reasons – investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah selloff. Global investors have been increasingly nervous about Indonesian assets following protests in many cities since late August, while the abrupt sacking of respected finance minister Sri Mulyani Indrawati last week stoked fiscal worries. The interest rate cut on Wednesday, a move not expected by any of the 31 economists surveyed by Reuters, is now raising concerns about…
AI tool introduced to detect misdeclared and dangerous goods in containers The latest tool in the fight against misdeclared and undeclared dangerous goods in containers is being launched by the World Shipping Council in its Cargo Safety Program. The industry-led initiative is using a new AI-powered screening tool in an attempt to identify the dangers that are a leading cause of fires and increase protection for crew, vessels, and the environment. At launch, carriers representing more than 70 percent of global TEU capacity have joined the program. Misdeclared dangerous goods are a leading cause of ship fires, reported as responsible…
Italy reduced steel production In August 2025, Italian steel enterprises reduced steel production to an annual low of 821 thousand tons. Compared to the previous month, the figure fell by 52.4 percent, but rose by 7.3 percent y/y. This is evidenced by data from the industry association Federacciai, SteelOrbis reports. During January-August, steel production by Italian metallurgists increased by 3 percent compared to January-August 2024, to 13.66 million tons. Flat steel production in August amounted to 289,000 tons, compared to 732,000 tons in July and 415,000 tons in August 2024, while long steel production amounted to 437,000 tons (1.1 million…
Limits of social responsibility “It is not enough for business to do well; it must also do good.” But in order to “do good,” a business must first “do well.” Whenever a business has disregarded the limitation of economic performance and has assumed social responsibilities that it could not support economically, it has soon gotten into trouble. Union carbide was not socially responsible when it put its into Vienna, West Virginia, to alleviate unemployment there. It was, in fact, irresponsible. The plant was marginal to begin with. The process was obsolescent. At best the plant could barely keep its head…
Pakistan emphasised industrial cooperation as cornerstone of CPEC and defining pillar of economic development The global investment policy-making in 2024 stayed strongly influenced through geopolitical tensions and industrial policy goals. International reports recorded that the number of new investment policy measures reached the second-highest level on record (174). Of these, 78 percent were favourable to investors. In developing countries, the share of measures favourable to investors increased marginally from an already high level, reflecting continued emphasis on investment attraction. FDI Value (Billions of dollars) Details Growth rates FDI Greeneld Projects International Project Finance Europe -58% -6% -29% North America +23%…
State Bank reserves rose $28 million, standing $14.30 billion, sustaining critical economic stability According to the IMF’s Currency Composition of Official Foreign Exchange Reserves (COFER) survey, the global foreign exchange (FX) reserves were recorded $ 12.53 trillion. It was declined to about $12.36 trillion in late 2024, a 3.0 percent drop from the previous quarter. This decline was largely because of the depreciation of major reserve currencies against the US dollar. China and Japan hold the largest reserves, with China having the highest reserves globally, while the US dollar remains the dominant currency. Pakistan: Liquid Foreign Exchange Reserves (week-end levels,…
Net FDI In Pakistan ($ Million) Country 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25(Jul-Jan) China 763.2 1,311.90 130.8 846.6 751.6 531.6 432.2 568.2 633.6 UK 215.4 304.6 185 119.1 141 31.8 65 268.2 148.2 USA 45.7 161.7 88.1 99.2 166.4 249.6 89.3 137.3 59 Hong Kong 123 183.6 171 190.7 157.2 137.7 101 358.5 154.7 Switzerland 101.7 78.5 21.2 62.8 61.7 146.2 134 28.7 115.7 U.A.E. 120.1 -4.4 103.7 -44 115.7 143.9 180.1 87.3 68.2 Italy 61.5 56.6 51.9 57.4 36.3 34.8 8.6 1.9 1.2 Netherlands 457.6 100.3 69 133.2 96.9 104.1 71.9 71 47.2 Austria 21.7 27.4…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Sep 05, 2025) Currency Symbol Buying Selling Australian Dollar AUD 183 188 Bahrain Dinar BHD 747.85 750.35 Canadian Dollar CAD 204 209 China Yuan CNY 39.36 39.76 Danish Krone DKK 43.9 44.3 Euro EUR 328.2 330 Hong Kong Dollar…
Qatar’s QSE sees 62pc stocks end in red The Qatar Stock Exchange Thursday witnessed more than 62 percent of its traded constituents end in the red, leading its key barometer to lose as much as 43 points and capitalisation melt in excess of QR2bn. The industrials and real estate counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.39 percent to 11,099.21 points, although it touched an intraday high of 11,181 points. The local retail investors’ weakened net buying had its influence on the main market, whose year-to-date gains truncated further to 5 percent. The Gulf…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD GSE Ghana [+] 09/03/2025 7,320.21 0.14% -0.14% 4.66% 68.36% 49.74% HANG SENG [+] 09/03/2025 25,343.43 -0.60% 1.06% 3.41% 43.58% 26.34% BUX [+] 09/03/2025 103,127.60 0.31% 0.56% 2.60% 41.30% 30.00% ICEX [+] 09/03/2025 2,068.41 0.46% 1.20% -1.63% 1.77% -13.41% NIFTY [+] 09/03/2025 24,715.05 0.55% 1.18% 0.61% -2.23% 4.42% JCI Jakarta [+] 09/03/2025 7,885.86 1.08% 0.71% 4.62% 3.54% 11.38% TA-35 [+] 09/03/2025 3,019.45 0.74% -1.71% 0.32% 46.47% 26.08% ASE Amman [+] 09/03/2025 2,975.00 -0.03% 0.02% 2.44% 23.25% 19.54% KASE [+] 09/04/2025 7,176.76 0.65% 2.63% 12.86% 37.14% 28.66%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] July 2025 2.7% 2.4% United Kingdom [+] July 2025 3.8% 2.5% Germany [+] July 2025 2.0% 1.4% France [+] August 2025 0.9% 1.8% Japan [+] July 2025 3.0% 1.1% Spain [+] August 2025 2.7% 2.0% Italy [+] March 2025 2.0% 1.2% Portugal [+] July 2025 2.6% 1.7% Greece [+] July 2025 3.1% 1.3% Ireland [+] July 2025 1.7% 1.8% Andorra [+] July 2025 2.2% 0.9% Armenia [+] April 2025 2.7% 2.5% Angola [+] July 2025 19.5% 10.3% Argentina [+] July 2025 36.6% 17.3% Austria [+] July 2025 3.6%…
Economy regains stability, but household condition worsens: Hussain Bangladesh’s economy has regained stability and economic activity has increased, compared to the 2022–23 fiscal year, former lead economist at the World Bank’s Dhaka office Zahid Hussain said (30 August). “However, during the period, the situation at the household level has deteriorated, with poverty and inequality on the rise,” Zahid said during the Moazzem Hossain Memorial Lecture organised by the Economic Reporters Forum (ERF) in the capital. Moazzem Hossain is the late editor of the English daily The Financial Express and the founding president of the ERF. According to Zahid, the restored…
In Colombo, tensions between India and Pakistan increase port operations Deputy Minister of Ports in Sri Lanka Ruwan Kodithuwakku said rising military tensions between India and Pakistan have led to increased operational activity at the Colombo Port. The government has taken preemptive steps to effectively handle the increase in port traffic, the Deputy Minister acknowledged. Maritime lines between India and Pakistan have been suspended due to the elevated state of alert in the area, impacting both Indian vessels traveling to Pakistan and Pakistani vessels traveling to India. U.S. Coast Guard sends icebreaker ‘healy’ The U.S. Coast Guard has responded to…
Oil rates drop as OPEC+ weighs another output hike Oil prices fell by more than 2 percent on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October. Brent crude fell $1.6, or 2.31 percent, to $67.54 a barrel by 2:11 p.m. EDT (1811 GMT). U.S. West Texas Intermediate crude fell $1.68, or 2.56 percent, to $63.91 a barrel. Eight members of the Organization of the Petroleum Exporting Countries and allies – known as OPEC+ – will consider further raising oil production at a meeting on Sunday, two sources…
Business not financial strategy “There ain’t no bargains,” and “You get at most what you pay for,” Successful acquisitions are based upon business plans, not financial analyses. Acquisition targets must fit the business strategies of the acquiring company; other wise, the acquisition is likely to fail. The worst acquisition record of the last decades of the twentieth century was that of Peter Grace, the longtime CEP of W. R. Grace. He was a brilliant man. He set out in the 1950s to build a world-class multinational through financially-based acquisitions. He assembled the ablest group of financial analysts and had them…
Pakistan imported over 10,000 MW solar components in 2025, lifting share of China’s exports Solar accounted for 25% of Pakistan’s utility electricity supplies, among top global nations International sources recorded that the year 2024 was a true landmark year for solar power. Global solar installations reached nearly 600 GW – an impressive 33 percent increase over the last year – setting yet another record. Solar accounted for 81 percent of all new renewable energy capacity added worldwide. While remaining a modest contributor to overall electricity generation for now, solar’s share in 2024 rose to 7 percent– nearly doubling in just…
Coal use in power sector stood at 69.7% during July-March FY2025 period Lucky, Sahiwal and Bin Qasim plants planned to convert operations using domestic coal resources According to the ministry of finance government of Pakistan report, coal is a significant source of energy and in our country power sector uses a significant share of coal for electricity generation. Indigenous coal resources are reasonably substantial and sufficient to meet Pakistan’s requirements on a long-term, sustainable basis. Domestic coal production is expected to grow in the coming years, starting with mining activity at Thar Coalfield Block-I and enlarging the existing mine at…
Pakistan: Installed Capacity Of Electricity Source FY 2024 July-March FY 2024 July-March FY 2025 (P) MW Share (%) MW Share (%) MW Share (%) Hydel 10,635 23.18 10,635 23.18 11,368 24.39 Thermal 28,766 62.69 28,766 62.69 25,937* 55.65 Nuclear 3,620 7.89 3,620 7.89 3,620 7.77 Renewable 2,867 6.25 2,867 6.25 5,680** 12.18 Total 45,888 100.0 45,888 100.0 46,605 100.0 *: GoP has terminated PPAs with HUB Power, Lalpir Power, Pakgen Power, Roush Power, Saba Power and Atlas Power w.e.f October 01, 2024. **: includes 2,813 MW from net metering Source: National Electric Power Regulatory Authority & NTDC Generation Of Electricity…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Aug 26, 2025) Currency Symbol Buying Selling Australian Dollar AUD 182 187 Bahrain Dinar BHD 749.8 752.3 Canadian Dollar CAD 203 208 China Yuan CNY 39.01 39.41 Danish Krone DKK 43.6 44 Euro EUR 328.4 330.2 Hong Kong Dollar…
Majority Gulf markets ease Most stock markets in the Gulf ended lower on Monday mirroring global declines as excitement over a potential US interest rate cut in September faded. Federal Reserve Chair Jerome Powell on Friday signalled a possible rate cut at the Fed’s meeting next month, saying that risks to the job market were rising but inflation remained a threat, and that a decision wasn’t set in stone. Saudi Arabia’s benchmark index gave up early gains to edge 0.1 percent lower, hit by a 0.8 percent fall in the country’s biggest lender Saudi National Bank. Elsewhere, oil giant Saudi…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD EGX30 [+] 08/21/2025 35,622.26 -0.31% 0.13% 4.37% 19.08% 19.78% OMX Tallinn [+] 08/22/2025 2,027.04 0.08% -0.46% -1.39% 18.12% 16.97% SPX Fiji [+] 08/22/2025 9,196.42 0 -0.11% -0.89% 2.56% -0.57% OMX25 [+] 08/21/2025 4,939.84 -0.36% 0.45% 1.49% 8.42% 14.46% GSE Ghana [+] 08/21/2025 7,336.70 0.45% -1.02% 13.96% 68.53% 50.08% HANG SENG [+] 08/21/2025 25,104.61 -0.24% -0.65% 0.44% 44.35% 25.15% BUX [+] 08/21/2025 106,091.94 -0.42% 0.90% 4.69% 45.05% 33.74% ICEX [+] 08/21/2025 2,078.65 -0.09% -0.95% -0.42% -0.09% -12.98% NIFTY [+] 08/21/2025 25,083.75 0.13% 1.84% -0.03% 1.27% 5.98%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] July 2025 2.7% 2.4% United Kingdom [+] July 2025 3.8% 2.5% Germany [+] July 2025 2.0% 1.4% France [+] July 2025 1.0% 1.4% Japan [+] July 2025 3.0% 1.1% Maldives [+] March 2025 5.4% -0.1% Mexico [+] July 2025 3.5% 2.1% Mozambique [+] September 2024 2.5% 1.2% Nigeria [+] June 2025 22.2% 23.4% Nicaragua [+] July 2025 0.6% 0.8% Netherlands [+] July 2025 2.9% 3.1% Norway [+] December 2023 4.8% 4.8% New Zealand [+] March 2024 4.0% 0.6% Panama [+] December 2024 -0.2% -0.2% Peru [+] September 2022…
Sri Lanka’s economy to grow 4.5pc this year Sri Lanka’s economy will grow by 4.5 percent this year, according to a monetary policy report released by the central bank on Friday. The growth projection comes despite potential risks to the island nation’s economic recovery from U.S. tariffs. The central bank noted that while growth is expected, there are challenges on the horizon. “However, external demand conditions and evolving global economic landscape increase the level of uncertainty associated with growth prospects over the near to medium term,” the report stated. The forecast provides insight into Sri Lanka’s economic trajectory as the…
In Port Everglades, coast guard offloads record drug haul The U.S. Coast Guard achieved a milestone with the offload of a record 76,140 pounds of illicit narcotics, valued at $473 million, at Port Everglades on Monday. This marks the largest quantity of drugs offloaded in Coast Guard history. Coast Guard Cutter Hamilton’s crew offloaded approximately 61,740 pounds of cocaine and 14,400 pounds of marijuana, preventing an estimated 23 million potential lethal doses from reaching the United States. “The U.S. Coast Guard in partnership with our federal, DoD, and international partners are offloading 61,740 pounds of cocaine, and this represents a…
Activity Costing Activity-based costing is a totally different way of thinking. Traditional costing techniques are now rapidly being replaced by activity-based cost accounting. Traditional costing builds cost form the bottom up – labor, material, and overhead. It concentrates primarily on manufacturing-related costs, the so-called inventoriable costs. Activity-based costing starts from the end and asks, “Which activities and related costs are used in carrying out the complete value chain of activities associated with the cost object?” Activity-based costing includes the cost of quality and service. By designing quality into products and services during the design stage, design cost may increase, but…