Trends - Treasury Secretary Janet Yellen

Treasury Secretary Janet Yellen

Gold under pressure from elevated US dollar, bond yields

Gold prices eased on Tuesday as the dollar benefited from elevated bond yields and China’s economic concerns, with...

Published 15 Aug, 2023 10:02am

Markets

Dollar hovers near 2-month high as debt ceiling angst saps risk appetite

SINGAPORE: The US dollar held near a two-month high on Wednesday on safe-harbour demand as negotiations over raising...

Published 24 May, 2023 09:31am

World

Biden-McCarthy debt talks to resume after new default warning

WASHINGTON: President Joe Biden and Republican leaders are set to reconvene Tuesday for crunch talks on raising US...

Published 16 May, 2023 12:30pm

Markets

Biden ‘optimistic’ on debt talks with Republicans as default looms

REHOBOTH BEACH: President Joe Biden said Sunday he remains “optimistic” about finding an agreement with his...

Published 15 May, 2023 11:13am

Business & Finance

Yellen's watchlist for the US currency manipulator tag

Treasury Secretary Janet Yellen's second foreign exchange report, yet to be released, risks labeling some US trading...

Published 01 Dec, 2021 12:16pm

World

US Congress back for frantic autumn with Biden agenda at stake

Avoiding a government shutdown is also at the top of the agenda, alongside dodging a catastrophic credit default, which may be the largest of the looming deadlines

Published 19 Sep, 2021 10:47am

Markets

Asian markets struggle ahead of US inflation report

"The reality is that this was well flagged as much as a fortnight ago (soon after President Biden publicly endorsed the 15 percent figure)," said National Australia Bank's Ray Attrill.

Published 08 Jun, 2021 10:14am

Markets

Hong Kong shares fall in opening trade

The Hang Seng slid 0.81 percent, or 233.93 points, to 28,684.17.

Published 07 Jun, 2021 10:27am

Markets

Asian stocks lifted by US jobs miss, oil rises on pipeline attack

The US government declared a regional emergency Sunday, while the company was unable to say when operations would return to normal.

Published 10 May, 2021 10:54am

Markets

Asia markets retreat as rate fears trump recovery optimism

National Australia Bank's Rodrigo Catril said there were also concerns about rising tensions between the US and major producer Russia.

Published 19 Mar, 2021 09:40am

World

Biden's $1.9 trillion COVID-19 bill wins final approval in House

With the COVID-19 aid bill now completed, attention turns to Biden's next round of major legislation, including massive infrastructure investments, immigration reforms and climate change initiatives.

Published 11 Mar, 2021 11:36am

Markets

Asian markets fall further as recovery pace fuels rate-hike fear

Profit-takers were also taking an opportunity to cash in after both contracts rallied to 13-month highs, they added.

Published 19 Feb, 2021 10:18am

Markets

China's yuan firms as dollar dips ahead of Yellen testimony

"(Deleveraging) is supportive of a gradual yuan appreciation trajectory, as that positive differential with the US continues to attract inflows into Chinese asset classes," he said.

Published 19 Jan, 2021 10:02am

Markets

Hong Kong stocks up at start of trade

The Hang Seng Index climbed 0.82 percent, or 237.40 points, to 29,100.17.

Published 19 Jan, 2021 09:42am

Markets

US Treasury-led report calls for overhaul of money market funds

The crunch prompted the Fed to buy $1.6 trillion in Treasuries and take other measures to stabilize the markets.

Published 23 Dec, 2020 11:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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Treasury Secretary Janet Yellen

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