Trends - Christine Lagarde - Business Recorder

Christine Lagarde

Trump, not yet in office, already a figure in global economic policy

WASHINGTON: The world’s economic reckoning with the incoming administration of U.S. President-elect Donald Trump...

Published 19 Dec, 2024 08:23am

Business & Finance

ECB’s Lagarde flags more rate cuts if inflation continues to ease

FRANKFURT: The European Central Bank will cut interest rates further if inflation continues to ease towards its 2%...

Published 16 Dec, 2024 01:51pm

Markets

Euro wobbles, South Korean won steady as political turmoil checks sentiment

SINGAPORE: The euro was subdued on Thursday after the widely expected collapse of the French government, stoking...

Published 05 Dec, 2024 09:59am

Business & Finance

ECB’s Lagarde says trade war in ‘nobody’s interest’, FT reports

European Central Bank President Christine Lagarde told the Financial Times that a trade war at large would be a “net...

Published 28 Nov, 2024 11:39am

Business & Finance

Europe needs bigger banks to compete with US, Chinese rivals: Lagarde

FRANKFURT: Europe needs bigger and stronger banks that can compete with their US and Chinese rivals, European ...

Updated 07 Oct, 2024 08:05am

Markets

European shares end marginally lower

PARIS: European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on...

Published 19 Jul, 2024 06:58am

Business & Finance

ECB keeps rates unchanged

FRANKFURT: The European Central Bank kept interest rates unchanged as expected on Thursday, with its president...

Published 19 Jul, 2024 06:58am

Markets

Euro lower after ECB stands pat

NEW YORK: The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely...

Published 19 Jul, 2024 06:11am

Business & Finance

ECB eyes summer pause on bumpy road to disinflation

FRANKFURT: European Central Bank policymakers are expected to leave borrowing costs on hold Thursday, buying time to...

Published 18 Jul, 2024 10:11am

Markets

Sterling dented by one-two punch from dollar and euro

LONDON: The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the US currency got...

Published 02 Jul, 2024 02:18pm

World

ECB cuts rates even as inflation fight goes on

FRANKFURT: The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, citing...

Published 07 Jun, 2024 06:24am

Markets

Oil slips for third day on likely ‘higher for longer’ US rates

LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve...

Updated 22 May, 2024 05:37pm

Business & Finance

ECB cannot commit to rate path even after first cut, Lagarde says

FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts...

Published 20 Mar, 2024 04:56pm

Markets

Yen sinks as currency traders keep short and carry on

SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth...

Published 23 Feb, 2024 08:55am

Markets

ECB’s Lagarde hopes to join economists’ ‘tribe’ she criticised

FRANKFURT: European Central Bank Christine Lagarde said on Thursday she hoped to join the “tribe” of professional...

Published 15 Feb, 2024 05:14pm

Business & Finance

Economists pilloried for getting forecasts wrong

PARIS: Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global...

Updated 04 Feb, 2024 10:10pm

Business & Finance

US dollar up slightly after GDP data

NEW YORK: The US dollar edged higher on Thursday after data showed the world’s largest economy grew at a faster...

Published 26 Jan, 2024 04:58am

Business & Finance

US dollar little changed ahead of BOJ, ECB meetings

NEW YORK: The US dollar was little changed to slightly lower against a basket of currencies on Monday ahead of...

Published 23 Jan, 2024 05:14am

Markets

European shares slide more than 1pc on hawkish ECB remarks

PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials...

Published 18 Jan, 2024 05:54am

Business & Finance

ECB’s Lagarde says summer rate cut ‘likely’

DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said...

Published 17 Jan, 2024 05:09pm

Markets

European shares advance amid increasing rate cut hopes

PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest...

Published 13 Jan, 2024 05:38am

Business & Finance

ECB chief Lagarde admits her son lost crypto cash

FRANKFURT: No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who...

Published 24 Nov, 2023 05:53pm

Markets

European shares at two-month high

PARIS: European shares hit a two-month high on Wednesday, led by rate-sensitive real estate stocks, while British...

Published 23 Nov, 2023 03:19am

Business & Finance

Lagarde warns against premature inflation celebration

FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ...

Published 22 Nov, 2023 05:48am

Markets

ECB’s Lagarde: confident over 2% inflation target and Europe’s winter gas situation

PARIS: European Central Bank President Christine Lagarde said in an interview published on Sunday that she was...

Updated 08 Oct, 2023 01:28pm

Business & Finance

Global economic transformation risks fuelling inflation: Lagarde

JACKSON HOLE (Wyoming): Profound changes in how the global economy operates, from increased protectionism to energy...

Published 28 Aug, 2023 06:27am

Opinion

‘Interest hammer’

This is apropos a Business Recorder front page photograph titled “Interest hammer’ carried by the newspaper...

Published 29 Jul, 2023 05:28am

Markets

Oil prices steady near 3-month highs

LONDON: Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges...

Updated 25 Jul, 2023 05:30pm

Markets

Euro zone bond yields tick up, inflation data in focus

LONDON: Euro zone bond yields rose on Thursday as headline inflation data from several European markets came in...

Published 29 Jun, 2023 05:33pm

Business & Finance

Yen sags to 15-year low vs euro after BOJ rate decision

NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its...

Published 19 Jun, 2023 06:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Christine Lagarde

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