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US economy

'Premature' to predict hit from US auto strike: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an...

Published 18 Sep, 2023 10:39pm

Markets

Surging oil prices, dollar to test RBI resolve on rupee

MUMBAI: The Indian rupee is likely to open weaker on Friday after oil prices and the dollar index climbed to...

Published 15 Sep, 2023 09:58am

Business & Finance

Dollar advances on solid US data

NEW YORK: The dollar gained on Thursday after earlier pushing the yen to a 10-month low, and kept the euro and...

Published 08 Sep, 2023 06:01am

World

US SEC votes on overhaul for $20 trillion private fund industry

NEW YORK: The U.S. securities regulator on Wednesday was set to finalize a sweeping overhaul of private equity and...

Published 23 Aug, 2023 08:02pm

World

US 30-year mortgage rate soars to highest since 2000

The interest rate on the most popular U.S. home loan last week shot to the highest since December 2000, helping...

Published 23 Aug, 2023 05:56pm

World

US existing home sales drop, but prices up from a year earlier

U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages...

Published 22 Aug, 2023 07:30pm

World

Yellen sees 'resilience' in US economy even as it cools

WASHINGTON: US economic growth and wage gains should "serve as a source of resilience" moving forward even if the...

Published 12 Aug, 2023 12:49am

Business & Finance

Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut

WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by...

Published 08 Aug, 2023 06:37am

World

US layoffs fall to lowest level in nearly a year

American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease...

Published 03 Aug, 2023 06:01pm

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

Business & Finance

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

Markets

Japan’s Nikkei hits 4-week peak amid calm bond market, earnings boost

TOKYO: Japan’s Nikkei share average rallied to a four-week high on Monday as a relatively calm reaction in the...

Published 31 Jul, 2023 09:39am

Business & Finance

US economy defies recession fears with strong Q2 performance

WASHINGTON: The US economy grew faster than expected in the second quarter as a resilient labor market supported...

Published 31 Jul, 2023 06:43am

Fed officials spar over banking reform in rare open meeting

WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to...

Updated 29 Jul, 2023 09:33am

Business & Finance

Moderate US economic growth expected in second quarter

WASHINGTON: The US economy likely maintained a moderate pace of growth in the second quarter as labor market...

Published 27 Jul, 2023 10:23am

Business & Finance

Dollar edges up against euro

NEW YORK: The dollar edged up against the euro and the pound on Monday after economic data continued to show the...

Published 25 Jul, 2023 06:20am

Markets

S&P 500, Dow rise ahead of monthly inflation data

NEW YORK: The S&P 500 and the Dow rose modestly on Tuesday ahead of inflation data, as investors were hopeful...

Published 12 Jul, 2023 06:39am

Markets

Wall Street Week Ahead: As earnings loom, investors weigh recession resilience

NEW YORK: As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground...

Published 10 Jul, 2023 06:52am

Business & Finance

Fed leaves rates steady, sees two small hikes by end of 2023

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections...

Published 15 Jun, 2023 06:03am

World

Fed seen holding rates steady this week after inflation data

Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government...

Published 13 Jun, 2023 07:41pm

World

IMF urges Fed, central banks to keep tightening to reduce inflation

WASHINGTON: The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central...

Updated 08 Jun, 2023 09:32pm

World

US weekly jobless claims increase more than expected

WASHINGTON: The number of Americans filing new claims for unemployment benefits surged last week, suggesting that...

Published 08 Jun, 2023 06:58pm

World

US weekly jobless claims rise modestly; layoffs increase in May

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased modestly last week,...

Published 01 Jun, 2023 07:02pm

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

World

Fed’s Collins open to pausing rate hikes at June meeting

NEW YORK: Boston Federal Reserve President Susan Collins said on Thursday the time may be at hand for the U.S....

Published 25 May, 2023 09:03pm

Markets

Dollar ascendant amid resilient US economy, haven demand

TOKYO: The dollar pushed to a two-month high against the euro and a six-month peak versus the yen on Thursday, as a...

Published 25 May, 2023 09:31am

Business & Finance

Dollar steady as debt ceiling talks linger

NEW YORK: The dollar traded little changed after hitting a fresh two-month high against a basket of peers on...

Published 25 May, 2023 06:26am

Markets

Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show

WASHINGTON: Federal Reserve officials "generally agreed" last month that the need for further interest rate ...

Published 24 May, 2023 11:16pm

Technology

Apple to spend billions of dollars on US-made 5G tech

SAN FRANCISCO: Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make...

Published 24 May, 2023 11:24am

World

‘Close call’ on US June rate hike or pause, says Fed’s Kashkari

Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” on whether he would vote to...

Published 22 May, 2023 05:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
Dow Jones / May 14	39558.11
India Sensex / May 15	73025.23
Tokyo Nikkei / May 15	38385.73
FTSE 100 / May 15	8467.99
Germany DAX 30 / May 15	18796.11

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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