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US debt ceiling

Fitch cuts US credit rating to AA+

WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an...

Published 03 Aug, 2023 05:54am

World

U.S. Treasury can meet all obligations after debt ceiling suspension

WASHINGTON: The U.S. Treasury said it can now meet the federal government's payment obligations after a debt ceiling...

Published 05 Jun, 2023 11:05pm

World

Biden lauds ‘crisis averted’ with debt ceiling deal in first Oval Office address

WASHINGTON: US President Joe Biden declared a “crisis averted” on Friday in his first address from the White...

Published 05 Jun, 2023 03:27am

World

Biden signs debt ceiling bill into law, averting default

WASHINGTON: US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of...

Published 03 Jun, 2023 11:38pm

Markets

Oil jumps 3% on US debt ceiling progress, OPEC+ in focus

BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and...

Published 01 Jun, 2023 11:26pm

Markets

Wall St falls on Fed hike jitters ahead of debt ceiling vote

NEW YORK: US stock indexes fell on Wednesday as a deal to raise the nation’s debt ceiling headed for a crucial ...

Published 01 Jun, 2023 03:34am

Markets

European stocks hit two-month low on weak China data

PARIS: European shares hit a two-month low on Wednesday as concerns about a global slowdown on China’s weak...

Published 01 Jun, 2023 03:34am

Markets

Oil falls on weak China data, stronger dollar

HOUSTON: Oil prices fell on Wednesday on a stronger US dollar and as weak data from top oil importer China raised...

Published 01 Jun, 2023 03:34am

Markets

Copper heads for second monthly drop on dismal China data

LONDON: Copper prices fell back towards six-month lows on Wednesday after data showed factory activity in top...

Published 01 Jun, 2023 03:34am

Markets

Oil slides 4pc on worries about US debt ceiling

NEW YORK: Oil prices fell more than 4% on Tuesday on concerns about whether the US Congress will pass the US debt...

Published 31 May, 2023 03:56am

Markets

Tokyo stocks close higher on US debt deal

TOKYO: Tokyo stocks closed higher Monday, with investors cheered by signs of a breakthrough in US debt ceiling...

Published 30 May, 2023 03:37am

Markets

Oil dips as rate hike bets offset US debt deal

HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand...

Published 30 May, 2023 03:37am

Markets

Gulf stock markets volatile on US debt deal, economic worries

Stock markets in the Gulf ended in different directions on Monday after US lawmakers reached a tentative agreement...

Updated 29 May, 2023 09:14pm

Markets

Dollar nudges lower as US debt ceiling deal dents safe-haven appeal

LONDON: The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a US debt ceiling...

Published 29 May, 2023 05:31pm

Business & Finance

Republicans, Biden reach debt ceiling deal

WASHINGTON: President Joe Biden and Republican leader Kevin McCarthy announced a deal Saturday to raise the debt...

Updated 29 May, 2023 08:54am

World

Republicans criticize McCarthy, Biden debt ceiling deal

WASHINGTON: After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the...

Published 28 May, 2023 08:05pm

World

US debt ceiling negotiations push towards critical default deadline

WASHINGTON: Democratic and Republican negotiators said they were hopeful of reaching a deal to raise the federal...

Published 27 May, 2023 05:26pm

World

Biden, McCarthy looking to close US debt ceiling deal for two years

WASHINGTON: The White House and congressional Republicans on Friday aim to put the final touches on a deal to raise...

Published 26 May, 2023 05:46pm

Markets

Shanghai stocks open slightly lower

SHANGHAI: Chinese markets opened with small losses Friday morning as traders fret over the outlook for the country’s...

Published 26 May, 2023 10:35am

Markets

European shares slip as macro gloom weighs

PARIS: European stocks slipped on Thursday as concerns over the US debt ceiling standoff and a global economic...

Published 26 May, 2023 06:48am

World

Biden spending freeze plan would save $1 trillion: Treasury

WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...

Published 24 May, 2023 09:20pm

World

IMF chief calls US debt battle ‘unnecessary’ for world economy

DOHA: International Monetary Fund chief Kristalina Georgieva said Wednesday that protracted domestic wrangling over...

Published 24 May, 2023 06:14pm

Markets

Indian shares open lower on caution over US debt ceiling talks

BENGALURU: Indian shares opened lower on Wednesday, tracking a slide in US and Asian peers, after negotiations over...

Published 24 May, 2023 09:40am

World

IMF chief hopes US debt ceiling deal will come before ‘11th hour’

LONDON: International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world...

Published 23 May, 2023 06:41pm

World

Biden, McCarthy meeting ends with no deal on debt ceiling

WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise...

Published 23 May, 2023 09:32am

World

Biden says Republican debt ceiling demands ‘unacceptable’

WASHINGTON: President Joe Biden on Sunday slammed Republican demands in negotiations to resolve the US debt ceiling...

Published 22 May, 2023 06:23am

Markets

Wall Street Week Ahead: Artificial intelligence gives real boost to US stock market

NEW YORK: Recent advances in artificial intelligence are fueling optimism over how businesses can operate more...

Published 22 May, 2023 06:23am

Markets

Wall St slips on debt ceiling uncertainty

NEW YORK: US stocks closed out the trading week on a soft note on Friday as early gains dissipated after US debt...

Published 22 May, 2023 06:23am

World

Yellen says June 1 is 'hard deadline' for raising debt ceiling

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the...

Updated 21 May, 2023 11:27pm

Markets

Japanese rubber futures post weekly gain

SINGAPORE: Japanese rubber futures delivered a weekly gain on Friday, driven by strong tyre manufacturer activity,...

Published 21 May, 2023 04:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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US debt ceiling

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