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Christine Lagarde

Eurozone exposure to Evergrande 'limited': Lagarde

Markets plunged at the beginning of the week by fears that Evergrande -- one of China's biggest developers in the crucial property sector

Published 24 Sep, 2021 01:29pm

ECB trims emergency support

Updated 10 Sep, 2021 09:38am

Markets

Markets await ECB stimulus clues as eurozone bounces back

Revised figures this week showed the economy in the 19-nation club grew by a better-than-expected 2.2 percent between April and June after countries relaxed their virus restrictions

Published 09 Sep, 2021 09:59am

Business & Finance

High inflation looms over ECB meeting

FRANKFURT: Rising eurozone inflation provides the backdrop for the meeting of European Central Bank governors...

Published 07 Sep, 2021 06:25am

Markets

High inflation looms over ECB meeting

ECB president Christine Lagarde previously promised to "look through" the surge and policymakers expect the rate to rise even further in coming months before falling back

Published 06 Sep, 2021 09:41am

Business & Finance

ECB lifts Covid-era curbs on banks’ dividends

FRANKFURT: The European Central Bank said Friday it would end pandemic-era restrictions on banks’ payouts to...

Published 24 Jul, 2021 04:27am

Markets

German bond yields drop for second week as Delta rattles markets

Financial markets were volatile earlier in the week as sentiment over the global economic outlook swung with each new Delta headline, although the prevailing mood was improving by late Friday.

Published 23 Jul, 2021 10:10pm

Business & Finance

ECB launches pilot project to create ‘digital euro’

FRANKFURT: The European Central Bank on Wednesday formally launched a pilot project to create a “digital euro”,...

Published 15 Jul, 2021 04:03am

ECB to flex its financial muscle in climate change fight

FRANKFURT: The European Central Bank will take greater account of climate change in its core policy decisions, in ...

Updated 09 Jul, 2021 10:34am

Markets

Euro zone bond yields fall as ECB strategy review eyed

European Central Bank policy makers have agreed to raise their inflation goal to 2% - from close to but below 2% currently

Published 08 Jul, 2021 01:00pm

Markets

Euro zone bond yields slightly higher as risk appetite picks up

Ahead of Friday's numbers, data showed US private payrolls increased more than expected in June

Published 01 Jul, 2021 01:07pm

Business & Finance

Eurozone economy booms at fastest rate in 15 years

ECB chief on June 10 said it was "too early" to consider winding down pandemic support, even as the economic recovery gathers steam and inflation surges.

Published 23 Jun, 2021 04:33pm

Markets

ECB policymakers at odds on inflation strategy, hope for Sept deal

An ECB spokesman declined to comment.

Published 22 Jun, 2021 03:23pm

Markets

European stocks up

AMSTERDAM/LONDON: European stocks rose on Monday, led by growth-exposed sectors as encouraging comments from central...

Published 22 Jun, 2021 04:46am

Markets

Euro zone government bonds broadly steady; US Treasury yield curve flattens

Investors this week will also focus on the Bank of England's monetary policy meeting on Thursday and the release of euro area flash PMI data on Friday.

Published 21 Jun, 2021 02:04pm

Business & Finance

ECB makes good progress on new strategy: Lagarde

FRANKFURT: European Central Bank policymakers meeting this weekend made “good progress” in reshaping the ECB’s...

Published 21 Jun, 2021 03:43am

Markets

Markets mostly up as inflation spike seen as temporary

The three main New York indexes initially fell on the announcement before rebounding, with analysts pointing out that prices rose less than expected on a monthly basis.

Published 11 Jun, 2021 10:03am

Markets

US stocks climb despite sizzling inflation

US stocks pushed higher despite the prospect of a stimulus slowdown and a quicker rise in interest rates, as other data showed that first-time claims for jobless benefits continued to fall last week.

Published 10 Jun, 2021 10:00pm

Business & Finance

Powell, Lagarde split over central bank role in climate policy

PARIS: US Federal Reserve chief Jerome Powell said Friday it was not the central bank’s role to set climate ...

Published 05 Jun, 2021 04:08am

Opinion

How to revive economy?

Pakistan’s economy is currently facing multi-dimensional economic challenges that include slower economic growth,...

Published 01 Jun, 2021 04:59am

Markets

Euro zone bond yields fall to 13-day low after ECB reassurance

But yields started falling on Friday when ECB President Christine Lagarde said it was still too early for the ECB to discuss tapering the stimulus.
Italy's 10-year yield dropped below 1% for the first time since May 13, and was down 4 bps at 0.9738%.

Published 25 May, 2021 05:46pm

Business & Finance

Eurozone business growth hits three-year high but ECB cautious

LONDON: Eurozone business growth accelerated at its fastest pace in over three years in May, a survey showed on...

Updated 23 May, 2021 10:36am

World

Euro zone business growth hits three-year high but ECB cautious

As the economy rebounds and confidence improves, some policymakers are making the case for the ECB to start giving up its emergency measures and revert to more traditional forms of stimulus.
"We are committed to preserving favourable financing conditions. It's far too early and it's actually unnecessary to debate longer-term issues," Lagarde said on Friday.

Published 21 May, 2021 08:31pm

Markets

Italian bond yields set for first weekly fall since March

Italian 10-year yields set for first weekly fall since March.
Too early to discuss winding down PEPP – Lagarde.
Euro area bonds may be stabilising after sell-off.

Published 21 May, 2021 07:14pm

World

ECB's Lagarde sees 1st COVID jab reaching 70pc of euro zone by June

"By all accounts it seems that (by) the end of June, about 70% of the population should be vaccinated at least with the first jab," Lagarde told an online event.

Published 28 Apr, 2021 07:56pm

Opinion

Europe’s Covid recovery fund starts to fall into place

Negotiations were difficult and the plan got off to a slow start, but Europe’s huge post-coronavirus recovery fund...

Published 25 Apr, 2021 03:13am

Business & Finance

Euro regains poise in Europe

LONDON: The euro rose on Friday, edging back towards a seven-week high, having nursed losses after European Central...

Published 24 Apr, 2021 03:21am

Markets

Euro regains poise as data points to stronger recovery

The euro gained 0.3% to $1.2055 while the dollar index, measured against a basket of currencies, was down 0.2% .
Real yields in the US remain deeply negative on a 10-year basis and reflect some of this uncertainty that will continue to limit the upside for the US dollar.

Published 23 Apr, 2021 05:32pm

Markets

Yuan off 6-week high, investors await global central bank policy signals

China's official PMI is due for release next Friday.

Published 23 Apr, 2021 11:27am

World

ECB keeps cheap money tap open

FRANKFURT: Christine Lagarde on Thursday underlined the European Central Bank’s commitment to cheap money as the...

Updated 23 Apr, 2021 10:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Christine Lagarde

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