Trends - Christine Lagarde - Business Recorder

Christine Lagarde

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

Business & Finance

ECB hikes rates to 22-year high and says not done yet

FRANKFURT: The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in...

Updated 15 Jun, 2023 07:55pm

Business & Finance

Euro up after Lagarde promises rate hike

WASHINGTON: The euro recovered from a two-month low Thursday after European Central Bank (ECB) President Christine...

Published 02 Jun, 2023 03:56am

Business & Finance

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

Business & Finance

Euro zone yields set for biggest weekly rise since Dec

PARIS: Euro zone government bond yields were set for their biggest weekly rise of 2023 as fears of a banking crisis...

Published 15 Apr, 2023 06:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Christine Lagarde

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