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US Treasury

Yields trade in tight range after flat consumer spending in May

Benchmark 10-year Treasury yields hovered near 1.4817% Shorter-term 2-year Treasury yields were essentially flat at 0.2661% Long duration 30-year Treasury yields were unchanged at 2.096%

Published 25 Jun, 2021 06:31pm

Markets

Japanese shares lower

TOKYO: Japanese shares closed lower on Thursday as investors sold off technology and drug stocks following Wall...

Published 18 Jun, 2021 04:16am

Business & Finance

Sterling dips below $1.40

LONDON: Sterling fell below $1.40 against a strengthening dollar on Thursday after the US Federal Reserve surprised...

Published 18 Jun, 2021 04:16am

Markets

Oil hits two-year highs

NEW YORK: Oil prices edged up to their highest in over two years in volatile trade on Thursday, on optimism for...

Published 11 Jun, 2021 03:41am

World

Indonesia, South Africa, Mexico back G7 global tax reform proposal

G7 finance ministers agreed on Saturday on a system to make multinational companies pay more tax in countries where they operate, alongside a minimum global corporate tax rate of at least 15%.

Published 10 Jun, 2021 06:49pm

Opinion

Beyond GDP

French economist Thomas Piketty in his book Capital in the Twenty-First Century shows that the rate of capital ...

Published 09 Jun, 2021 03:29am

Markets

Gold steadies in European trade

AMSTERDAM/LONDON: Gold steadied in a narrow range on Monday, as investors awaited US inflation data and clarity on...

Published 08 Jun, 2021 04:09am

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

US MIDDAY: Gold edges higher

NEW YORK: Gold inched higher on Monday as a weaker dollar and lower US Treasury yields bolstered its appeal, while...

Published 25 May, 2021 04:40am

Business & Finance

US targets cryptocurrency as Biden administration unveils tax proposals

"As with cash transactions, businesses that receive cryptoassets with a fair market value of more than $10,000 would also be reported on," the Treasury Department said in the report.

Published 21 May, 2021 02:37pm

World

US hits Myanmar ministers, central bank chief with sanctions

WASHINGTON: The US Treasury slapped sanctions on 16 senior Myanmar officials and family members Monday, citing their...

Updated 18 May, 2021 09:35am

Markets

Gold climbs in Europe

AMSTERDAM/LONDON: Gold prices climbed to their highest in more than three months on Monday, driven by weaker US...

Published 18 May, 2021 05:05am

Markets

Gold prices up in Asia

SINGAPORE: Gold prices rose in Asian trade on Monday to their highest level in more than three months, as a dip in ...

Published 18 May, 2021 05:05am

World

US hits Myanmar ministers, central bank chief with sanctions

The Treasury said that Canada and Britain were also announcing similar sanctions on members of the junta.

Published 17 May, 2021 09:06pm

Business & Finance

Dollar stays down against peers in Europe

LONDON: The US dollar hovered above a 2-1/2-month low versus major peers on Wednesday, as traders hung on to bets...

Published 13 May, 2021 03:10am

Business & Finance

Early trade in New York: Dollar falls against basket of currencies

NEW YORK: The dollar fell against a basket of currencies on Monday, ceding some of the ground gained in the previous...

Updated 04 May, 2021 09:51am

Business & Finance

Sterling falls

LONDON: Sterling fell on Thursday, erasing the week’s gains against the dollar, as investors weighed up the ...

Updated 23 Apr, 2021 10:01am

World

US blacklists Myanmar timber, pearl businesses

WASHINGTON: The US Treasury placed Myanmar state-owned timber and pearl businesses on its sanctions blacklist...

Updated 22 Apr, 2021 09:50am

Business & Finance

Early trade in New York: Dollar rises from 7-week low

NEW YORK: The US dollar rose on Wednesday from a seven-week low hit overnight, as broad weakness in stock markets...

Updated 22 Apr, 2021 09:46am

Markets

Gold falls in Europe

AMSTERDAM/LONDON: Gold prices eased off a more than seven-week peak on Monday as US Treasury yields ticked higher,...

Published 20 Apr, 2021 03:59am

Business & Finance

US Treasury creates climate hub to coordinate tax, economic policy

WASHINGTON: US Treasury Secretary Janet Yellen announced on Monday the creation of a new climate office to oversee...

Updated 20 Apr, 2021 10:02am

Markets

Yields higher as traders look to Wednesday auction

The benchmark 10-year yield was up 4.1 basis points at 1.6135%, continuing its increase from multiweek lows reached April 15.
Investors were watching to gauge the market's appetite for $24 billion of 20-year bonds scheduled to be auctioned on Wednesday, said Justin Lederer, Cantor Fitzgerald Treasury analyst.

Published 19 Apr, 2021 08:16pm

Business & Finance

US pulls back on charge Switzerland, Vietnam manipulate currency

WASHINGTON: The US Treasury rolled back a Trump-era accusation that Switzerland and Vietnam were manipulating their...

Published 17 Apr, 2021 03:28am

Business & Finance

Early trade in New York: Dollar edges higher

NEW YORK: The dollar index edged higher on Thursday in choppy trading as investors balanced bullish data showing US...

Updated 16 Apr, 2021 09:53am

Markets

Gold rises nearly 2pc in European trade

AMSTERDAM/LONDON: Gold jumped to its highest in over a month on Thursday as the dollar and US Treasury yields...

Published 16 Apr, 2021 03:40am

Business & Finance

Early trade in New York: Dollar dips to 3-week low

NEW YORK: The dollar dipped to three-week lows on Wednesday as Treasury yields held below recent highs and improving...

Updated 15 Apr, 2021 10:07am

Business & Finance

Aussie, kiwi rally

SYDNEY: The Australian and New Zealand dollars were pushing higher on Wednesday, as global markets refused to be...

Updated 15 Apr, 2021 10:07am

Markets

German Bund yields dip as euro zone industrial output declines

Euro zone bond yields, which had been rising in line with US Treasury yields on hopes for a strong economic recovery later this year and increased inflation, dropped 1-3 basis points.
"The global picture is that the manufacturing sector is in rude health and is the sector that is leading the recovery, so perhaps there's a bit of a reaction to that," said ING rates strategist Antoine Bouvet.

Published 14 Apr, 2021 04:24pm

Markets

S&P slightly up

NEW YORK: Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the...

Published 09 Apr, 2021 04:51am

Business & Finance

Sterling slips against euro, dollar

LONDON: Sterling slipped on Tuesday and was on track for its worst day against the euro in five weeks as investors...

Updated 07 Apr, 2021 09:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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