Trends - US Treasury Secretary

US Treasury Secretary

Scott Bessent wins Senate confirmation as US Treasury secretary

The U.S. Senate on Monday confirmed Scott Bessent to be President Donald Trump’s Treasury secretary, giving the...

Published 28 Jan, 2025 08:34am

Business & Finance

US ‘will not accept’ flood of below-cost Chinese goods: Yellen

BEIJING: The United States “will not accept” a situation where underpriced Chinese goods flood the global ...

Published 09 Apr, 2024 05:06am

World

Yellen, Li express hope for US-China cooperation

BEIJING: US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful tone on US-China...

Published 08 Apr, 2024 04:46am

World

US, China to start new talks on balanced growth, Yellen says

GUANGZHOU: US Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to...

Published 06 Apr, 2024 03:21pm

World

China pushes back on Yellen’s excess capacity stance as meetings run long

GUANGZHOU: China pushed back on U.S. Treasury Secretary Janet Yellen’s call to rein in excess production capacity...

Published 06 Apr, 2024 10:57am

Business & Finance

Yellen faces tough road

GUANGZHOU, (China): US Treasury Secretary Janet Yellen arrived in China’s southern factory hub of Guangzhou on...

Published 05 Apr, 2024 04:50am

World

Palestinian Authority: Yellen says Israel resuming revenue transfers

SAO PAULO: Israel has agreed to resume tax revenue transfers to the Palestinian Authority to fund basic services and...

Published 28 Feb, 2024 06:10am

World

Yellen plans to accelerate climate, financial market cooperation with China

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday mapped out her top priorities for managing US-Sino...

Published 14 Dec, 2023 10:51pm

World

US inflation should return to 2% range in 2024: Yellen

WASHINGTON: The United States is likely to see inflation return to the range of the Federal Reserve’s two percent...

Published 13 Dec, 2023 10:16pm

Markets

APPEC: G7 oil price cap effective in cutting Russian revenue

SINGAPORE: The Group of Seven’s price cap on Russian oil is still effective in limiting Russia’s revenue and oil...

Published 04 Sep, 2023 03:14pm

World

Yellen to attend India G20 summit, focus on economy, climate, Ukraine: US Treasury

WASHINGTON: US Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit ...

Published 01 Sep, 2023 03:57am

World

Biden signs order to ban certain tech investments in China

NEW YORK: President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain US...

Published 10 Aug, 2023 04:24am

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

Yellen expects US regulators to be open to mergers among midsize banks

NIIGATA: The current banking environment and pressures on earnings of some U.S. regional banks may lead to some...

Published 13 May, 2023 10:00am

World

Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown

NIIGATA: Treasury Secretary Janet Yellen on Saturday called the showdown over raising the U.S. debt ceiling “more...

Published 13 May, 2023 09:47am

Markets

Yellen: Still some uncertainty about when Treasury will run out of cash

NIIGATA: Treasury Secretary Janet Yellen said there is still uncertainty about exactly when Treasury will run out of...

Published 12 May, 2023 01:51pm

Yellen warns of ‘chaos’ if US fails to raise debt ceiling

WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s...

Updated 08 May, 2023 09:00am

Business & Finance

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 17 Apr, 2023 06:41am

World

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 12 Apr, 2023 06:50pm

World

Yellen downplays recession fears, expects US economy to grow

WASHINGTON: US Treasury Secretary Janet Yellen expects the world’s biggest economy will continue to grow, despite...

Published 08 Apr, 2023 11:09am

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

World

Yellen, G7 urge renewed aid for Ukraine

BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for...

Published 24 Feb, 2023 06:00am

World

Yellen says she discussed Russia sanctions in every stop on Africa tour

EMALAHLENI: US Treasury Secretary Janet Yellen said she had discussed economic sanctions on Russia over its invasion...

Published 27 Jan, 2023 06:12pm

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 23 Jan, 2023 08:13am

World

Yellen, at former slave port, sees path of renewal for Africa and US

GOREE ISLAND: US Treasury Secretary Janet Yellen on Saturday spoke of the “unspeakable cruelty” and enduring...

Published 21 Jan, 2023 04:03pm

Business & Finance

Yellen says a US default could cause global financial crisis

DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global...

Published 21 Jan, 2023 06:41am

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 20 Jan, 2023 06:47pm

Business & Finance

US hits debt ceiling amid standoff between Republicans, Democrats

WASHINGTON: The US government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the...

Published 20 Jan, 2023 06:10am

World

US starts ‘extraordinary measures’ to avert debt default: Treasury

WASHINGTON: The US Treasury began taking measures Thursday to prevent a default on government debt, as Congress...

Published 19 Jan, 2023 08:40pm

World

Yellen planning trip to China soon: US

ZURICH: US Treasury Secretary Janet Yellen, who held her first face-to-face meeting with her Chinese counterpart...

Published 19 Jan, 2023 07:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 29	278.93
USD PKR Interbank Buying / Jan 29	278.73
USD to Japanese Yen / Jan 29	155.27
USD to Swiss Franc / Jan 29	0.90
Pound Sterling to USD / Jan 29	1.25
Euro to USD / Jan 29	1.04

Stock	Volume
S&P 500 / Jan 28	6,067.70
Nasdaq / Jan 28	19,733.59
Dow Jones / Jan 28	44,850.35
India Sensex / Jan 29	76,280.68
Tokyo Nikkei / Jan 29	39,346.10
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,526.69
Germany DAX 30 / Jan 29	21,503.20

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 28	18,485
Gold 10 Grams PKR / Jan 28	247,560.80
Crude Oil USD/Barrel / Jan 29	73.75
Gold Spot USD/Ounce / Jan 29	2,761.08
Cotton US¢/pound / Jan 29	67.12
Petrol/Litre / Jan 30	256.13

Gainers
Losers
Leaders

Stock	Price
Waves Home Appliances / Jan 29 Waves Home Appliances Limited(WAVESAPP)	11.63 ▲ 1.06 (10.03%)
Redco Textile / Jan 29 Redco Textiles Limited(REDCO)	19.97 ▲ 1.82 (10.03%)
Jauharabad Sug / Jan 29 Jauharabad Sugar Mills Limited(JSML)	21.84 ▲ 1.99 (10.03%)
Saritow Spinning / Jan 29 Saritow Spinning Mills Limited(SSML)	14.81 ▲ 1.35 (10.03%)
Leather Up Ltd. / Jan 29 Leather Up Limited(LEUL)	44.41 ▲ 4.04 (10.01%)
Fateh Sports / Jan 29 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10%)
Supernet Ltd. / Jan 29 Supernet Limited (GEM)(GEMSPNL)	19.80 ▲ 1.8 (10%)
Sanghar Sugar / Jan 29 Sanghar Sugar Mills Limited(SANSM)	30.69 ▲ 2.79 (10%)
Shahmurad Sugar / Jan 29 Shahmurad Sugar Mills Limited(SHSML)	398.70 ▲ 36.25 (10%)

Stock	Price
D.S. Ind. Ltd. / Jan 29 D.S. Industries Limited(DSIL)	4.51 ▼ -0.85 (-15.86%)
Tariq Corp.Pref. / Jan 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
PICIC Ins.Ltd. / Jan 29 PICIC Insurance Limited(PIL)	2.25 ▼ -0.32 (-12.45%)
Punjab Mod / Jan 29 First Punjab Modaraba(FPJM)	2.60 ▼ -0.33 (-11.26%)
National Silk / Jan 29 The National Silk & Rayon Mills Limited(NSRM)	49.29 ▼ -5.48 (-10.01%)
Blessed Tex. / Jan 29 Blessed Textiles Limited(BTL)	306 ▼ -34 (-10%)
Shahtaj Sugar / Jan 29 Shahtaj Sugar Mills Limited(SHJS)	111.67 ▼ -12.41 (-10%)
Crescent Steel / Jan 29 Crescent Steel & Allied Products Limited(CSAP)	112.88 ▼ -12.54 (-10%)
Suhail Jute / Jan 29 Suhail Jute Mills Limited(SUHJ)	82.02 ▼ -8.63 (-9.52%)

Stock	Volume
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	67,917,203 ▼ -0.01
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	31,182,412 ▲ 0.14
Sui South Gas / Jan 29 Sui Southern Gas Company Limited(SSGC)	29,454,322 ▼ -1.6
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	29,207,516 ▲ 0.11
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	26,339,311 ▼ -0.04
Citi Pharma Ltd / Jan 29 Citi Pharma Ltd.(CPHL)	26,038,104 ▼ -0.81
Dewan Motors / Jan 29 Dewan Farooque Motors Limited(DFML)	24,645,415 ▲ 3.11
Fauji Cement / Jan 29 Fauji Cement Company Limited(FCCL)	18,743,736 ▼ -0.97
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	14,546,524 ▼ -0.55

Markets →

Budget 2024-25: income tax calculator for FY25

US Treasury Secretary

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