• Sat. Jun 10th, 2023
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    Tag: rates

    Tech

    The fate of investors hangs in the balance as Warburg Pincus boss warns of the critical need for margin focus in a time of soaring rates.

    Private equity executive Chip Kaye believes that investors need to pay attention to a company’s ability to maintain margins in the current financial environment created by higher interest rates, rather than just its growth prospects. Kaye, CEO of Warburg Pincus, stated that this moment is fundamentally different from anything the market has experienced in the past […]

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    News

    As global interest rates escalate, the profit of StanChart grows, but at what cost?

    Standard Chartered has beaten Q1 profit expectations with a 21% increase in pretax profits, driven by cash management income and retail product sales. The earnings update from StanChart showed that rising central bank rates had boosted revenue, with the bank charging borrowers higher interest rates while paying less to depositors. January-March pretax profit reached $1.81bn, […]

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    News

    What dark motive lurks behind KE’s sudden desire to jack up rates by Rs4.49 per unit in March?

    K-Electric has requested approval from the National Electric Power Regulatory Authority to collect an additional Rs6.636bn ($44m) from its customers at a rate of Rs4.49 per unit for electricity consumed in March. The regulatory authority will examine whether the additional cost estimate is justified or whether a lower charge should be applied. The authority will […]

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    News

    Study ka kehna hai ke agar Ebola endangered mountain gorillas ko infect karay toh unka survival rate kam ho jaye ga: Vaccinations se survival rates barh sakti hain, study batati hai.

    اگر ایبولا وائرس سے متاثر ہوتا ہے تو، افریقہ کے ویرنگا ماسیف کے علاقے میں رہنے والے خطرے سے دوچار پہاڑی گوریلوں میں سے 20 فیصد سے بھی کم پہلے تصدیق شدہ کیس کے بعد 100 دن سے زیادہ زندہ رہنے کی امید کی جائے گی۔ یہ ایک تحقیق کے مطابق ہے جس نے کمپیوٹر […]

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    Economy

    Do European stocks have moderate gains as investors expect slowing rates?

    European stocks experienced moderate gains on Thursday after the Federal Reserve predicted a “mild recession” for the US economy. The Stoxx 600, Germany’s Dax, France’s Cac 40, and London’s FTSE 100 all saw increases. Traders were encouraged by the Federal Open Market Committee’s March meeting minutes, which showed officials predicting a mild recession starting later […]

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    EconomyPakistanNews

    Rising rates and limited fiscal space lead to World Bank’s reduction of Pakistan’s GDP projection.

    The World Bank has revised down its outlook for Pakistan’s economic growth in the current year from 2% to 0.4%. The bank cited limited financial space and tighter financial conditions as reasons for the weaker forecast. However, the World Bank’s projection assumes an unspecified agreement with the International Monetary Fund for bailout funding. Emerging from […]

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