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US economy

US consumer prices surge; weekly jobless claims fall

WASHINGTON: US consumer prices increased more than expected in October as the cost of gasoline and food surged,...

Updated 10 Nov, 2021 06:44pm

Markets

Stellar jobs data push US stocks to new records

NEW YORK: Blockbuster job creation helped push US stocks to new records on Friday, with an added boost from news of...

Published 08 Nov, 2021 05:19am

World

US economy adds 531,000 jobs in October: govt

WASHINGTON:- The US economy added 531,000 jobs last month and the unemployment rate dropped to 4.6 percent, the...

Published 05 Nov, 2021 07:01pm

Business & Finance

Fed set to begin stimulus taper amid sticky inflation

WASHINGTON: The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last...

Published 01 Nov, 2021 06:09am

Business & Finance

Delta variant hampers US growth in third quarter

WASHINGTON: The US economy grew at its slowest pace in more than a year in the third quarter as a resurgence in...

Published 29 Oct, 2021 05:05am

Markets

Nasdaq hits record high with Apple, Amazon results on deck

NEW YORK: The Nasdaq hit a record high on Thursday, boosted by gains in Apple and Amazon ahead of their quarterly...

Published 28 Oct, 2021 11:53pm

Business & Finance

Delta variant likely slammed brakes on US economic growth in third quarter

WASHINGTON: The US economy likely grew at its slowest pace in more than a year in the third quarter as COVID-19...

Published 28 Oct, 2021 10:35am

Yellen says US is not losing control of inflation

WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday that the United States was not losing control of...

Published 25 Oct, 2021 05:45am

Business & Finance

US company results in industrial, materials sectors could shed light on inflation woes

NEW YORK: Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key...

Published 21 Oct, 2021 11:40am

World

Higher prices help to boost US retail sales in September

Retail sales increase 0.7% in September
Higher prices contributed to boosting receipts
Core retail sales rise 0.8%; August revised slightly up

Updated 15 Oct, 2021 07:23pm

World

US quits hit record high in August; hiring falls

Job openings drop 659,000 to 10.4 million in August
Voluntary quits increase 242,000 to 4.3 million
Hiring posts biggest drop in eight months

Published 12 Oct, 2021 09:11pm

World

US economy adds 194,000 jobs in September

Local government education lost 144,000 jobs, and state government education shed 17,000 positions during the season

Published 08 Oct, 2021 06:03pm

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 08 Oct, 2021 04:30am

Markets

Stocks rally as US set to avoid debt default

LONDON: Stock markets around the world rallied Thursday as a deal looked set to temporarily resolve a political...

Published 08 Oct, 2021 04:30am

World

Senators on brink of stop-gap fix to US debt crisis

WASHINGTON: US senators neared agreement in the small hours of Thursday to stave off a catastrophic credit default...

Published 07 Oct, 2021 12:49pm

World

Fed asks watchdog to review officials’ trading

WASHINGTON: The Federal Reserve has asked its watchdog to investigate the trading activities of senior officials, ...

Published 06 Oct, 2021 04:17am

World

Biden struggles to secure his 'New Deal' to transform US economy

President Biden's "Build Back Better" agenda, the multi-trillion dollar jobs, infrastructure, and climate plan that's on thin ice in Congress now

Updated 04 Oct, 2021 04:34pm

Business & Finance

'YOLO' generation of investors is ready for anything, even a crash

NEW YORK: Wall Street has been a booming place over the past year and a half even as the wider US economy has...

Published 30 Sep, 2021 10:09am

World

US new home sales beat expectations; supply increases

New home sales increase 1.5% in August; July revised up
Median sales price rises 20.1% from year ago

Published 24 Sep, 2021 09:10pm

OECD lowers global, US economic growth forecasts

PARIS: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts...

Updated 22 Sep, 2021 09:42am

Republicans withhold support for US debt ceiling increase

WASHINGTON: Republican leaders in Congress on Tuesday continued to withhold support for efforts by the Democratic...

Published 16 Sep, 2021 03:16am

Markets

Wall Street Week Ahead: Investors eye wobbling energy sector as gauge for Delta fears

NEW YORK: Energy stocks are becoming a popular bellwether for concerns over how deeply the Delta variant of the...

Published 13 Sep, 2021 05:46am

Markets

Asian markets hit by recovery worries as tech drags Hong Kong

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in light of the fast-spreading Delta variant

Published 09 Sep, 2021 10:34am

Business & Finance

Soaring Covid-19 infections restrain US job gains in August

WASHINGTON: The US economy created the fewest jobs in seven months in August as hiring in the leisure and ...

Published 04 Sep, 2021 06:04am

Business & Finance

Yields slip after Powell shows no hurry for bond taper

NEW YORK: US Treasury yields fell on Friday after Federal Reserve Chair Jerome Powell gave no new hints on when the...

Published 30 Aug, 2021 06:33am

Fed chief signals US economy may be ready for less stimulus by year end

WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw...

Published 29 Aug, 2021 04:02am

Markets

Fed's Powell in spotlight as markets await taper plans

Powell's speech is not likely to provide any breaking insights, said veteran Fed-watcher Mickey Levy of Berenberg Capital Markets

Published 27 Aug, 2021 09:58am

Business & Finance

US Q2 growth raised; corporate profits surge

WASHINGTON: The US economy grew a bit faster than initially thought in the second quarter, lifting the level of ...

Published 27 Aug, 2021 04:52am

Business & Finance

Early trade: Dollar slips further as oil jumps

NEW YORK/LONDON: The dollar eased further on Tuesday as risk-related currencies benefited from rising commodity...

Published 25 Aug, 2021 04:43am

US employment growth through March revised modestly lower

WASHINGTON: The US economy likely created 166,000 fewer jobs in the 12 months through March than previously...

Published 19 Aug, 2021 03:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Gold 10 Grams PKR / May 28	206018
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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