Financial

Investors look ahead to rate hikes with Fed tapering plan all but certain

Stocks held onto their gains after the Fed's statement, with the S&P 500 closing up nearly 1%

Published 23 Sep, 2021 12:10pm

Financial

HSBC CEO sees market impact from Evergrande debt woes

Quinn said HSBC was very focused on its commercial real estate business in China and Hong Kong

Published 23 Sep, 2021 11:31am

Financial

Zambian president to meet IMF, World Bank in Washington

President Hakainde Hichilema's spokesman, Anthony Bwalya, in a statement issued from New York, did not say when the meetings would take place

Published 23 Sep, 2021 11:29am

Financial

Australia's Commonwealth Bank mocks Apple's 'pro-competition' claim

The remarks come after the competition regulator told the Australian Financial Review newspaper this month that it was reviewing whether Apple's iPhone architecture breached competition laws

Published 23 Sep, 2021 11:06am

Financial

Turkish central bank to keep rates steady despite dovish messages

The bank's policy rate has been kept steady at 19% since March this year, while inflation has continued to climb and hit 19.25% in August, exceeding expectations

Published 23 Sep, 2021 11:03am

Financial

Thai lender SCB shares hit 2-year high on restructuring, new fund

Thailand's third-largest lender by assets announced on Wednesday it would establish SCBX as a parent company through a 1:1 share swap

Published 23 Sep, 2021 10:25am

Financial

Bank of England on guard against spiking inflation

The British central bank's monetary policy committee is likely to keep its key rate at a record-low 0.1 percent

Published 23 Sep, 2021 10:08am

Financial

Brazil central bank raises interest rate by 1 point to 6.25%: official

The move, which was unanimously agreed upon by the bank's Monetary Policy Committee, was in line with analysts' expectations

Published 23 Sep, 2021 09:40am

Financial

BOJ rolls out climate scheme, to disburse first loans late December

The central bank will begin accepting applications on Wednesday from financial institutions seeking to tap the new scheme

Published 22 Sep, 2021 11:28am

Financial

ADB cuts Asia growth forecast on slow Covid vaccine rollout

A shortage of doses, which has hampered efforts to inoculate the vast region stretching from the Cook Islands in the Pacific to Kazakhstan in Central Asia

Published 22 Sep, 2021 10:19am

Financial

IMF execs meets over charges boss changed data to favor China

The board did not announce any immediate decision and said it would meet again soon

Published 22 Sep, 2021 10:17am

Financial

Fed may hint at ending stimulus, but no big moves expected

The growing consensus is that the much-anticipated first step will not be announced until November and ultimately begin in December

Published 22 Sep, 2021 10:14am

Financial

ECB's de Guindos warns against tying wages to inflation

Some countries in Europe have indexation of pensions and the salaries of public officials to inflation

Published 21 Sep, 2021 01:26pm

Financial

Bitcoin attempts recovery as Evergrande-led selloff eases

Cryptocurrency prices bounced off 1-1/2 month lows on Tuesday as a heavy selloff overnight linked to concerns about ...

Published 21 Sep, 2021 11:08am

Financial

JPMorgan takes on British rivals with launch of digital bank Chase

The launch marks the first foray into retail banking outside North America by one of the United States' most dominant lenders

Published 21 Sep, 2021 10:46am

Financial

U.S. yields tumble as Evergrande fears boost safe-haven appeal

NEW YORK: U.S. Treasury yields fell on Monday as fears that property developer China Evergrande Group might default...

Updated 21 Sep, 2021 12:49am

Financial

Yellen urges Congress to raise debt limit to avoid financial crisis

In an editorial published in the Wall Street Journal, Yellen points out that the United States has always raised the debt ceiling before exceeding its limit

Published 20 Sep, 2021 10:18am

Financial

Central banks tiptoe towards tapering

PARIS: To taper or not to taper? That is the question facing central bankers as they debate when they should unwind...

Published 19 Sep, 2021 10:17am

Financial

China will steadily promote yuan internationalisation in 2021, central bank says

Cross-border yuan settlements accounted for 46.2% of the overall cross-border settlements, hitting a record high, the central bank said

Published 18 Sep, 2021 03:33pm

Financial

Japan's PM contender Kishida says won't raise sales tax for a decade

TOKYO: Japan will not raise the sales tax for about a decade as imposing a higher levy on households at this time...

Published 18 Sep, 2021 12:52pm

Financial

US probes possible insider trading at Binance: Bloomberg News

Authorities are looking into whether Binance or its staff profited by taking advantage of its customers, Bloomberg reported, citing people with knowledge of the matter

Published 18 Sep, 2021 12:29pm

Financial

U.S. yields fall after inflation shows signs of cooling

NEW YORK: U.S. government bond yields fell on Tuesday after data showed consumer prices increased at their slowest...

Published 15 Sep, 2021 12:14am

Financial

U.S. yields dip with eyes on inflation data

NEW YORK: U.S. government bond yields dipped on Monday as traders look ahead to data on Tuesday that is expected to...

Published 14 Sep, 2021 12:54am

Financial

Wells Fargo gets $250mn fine for failing to pay back hurt customers

The penalty was set by the Comptroller of the Currency (OCC), one of the main US banking sector regulators

Published 10 Sep, 2021 09:52am

Financial

Australia's NAB says steering clear of crypto-currency firms until risks known

NAB is one of many of Australia's top financial institutions that have not engaged with the sector, despite its huge growth in the past year, due to its high risks

Published 09 Sep, 2021 12:25pm

Financial

Markets await ECB stimulus clues as eurozone bounces back

Revised figures this week showed the economy in the 19-nation club grew by a better-than-expected 2.2 percent between April and June after countries relaxed their virus restrictions

Published 09 Sep, 2021 09:59am

Financial

Indonesia FX settlement deals to cut 2021 dollar demand by $2bn: central bank

The deals facilitated transactions worth the equivalent of $800 million last year, up from $350 million in 2018, BI's director of financial market deepening Rahmatullah Sjamsuddin said

Published 08 Sep, 2021 12:29pm

Financial

U.S. yields rise for a second day as auctions eyed

NEW YORK: U.S. government bond yields rose for a second straight day on Tuesday, building on Friday's climb in the...

Published 08 Sep, 2021 01:27am

Financial

Abu Dhabi, Saudi Arabia expected to issue bonds by end-2021

Abu Dhabi has so far this year issued $2 billion against $15 billion in 2020

Updated 07 Sep, 2021 07:01pm

Financial

BoE's Saunders says interest rates may rise next year

Saunders, who last month voted for an early stop to the BoE's 895 billion pound ($1.24 trillion) bond-buying stimulus plan

Published 07 Sep, 2021 01:54pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Sep 24 786 Investments Limited(786)	8.24 ▼ 0.00 (0.00%)
AL- Abbas / Sep 24 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Sep 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 24 Allied Bank Limited(ABL)	68.47 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 24 Abbott Laboratories (Pakistan) Limited(ABOT)	788.72 ▼ 0.00 (0.00%)
Abson Ind. / Sep 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 24 Attock Cement Pakistan Limited(ACPL)	139.40 ▼ 0.00 (0.00%)
Adam Sugar / Sep 24 Adam Sugar Mills Limited(ADAMS)	33.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Sep 24 786 Investments Limited(786)	8.24 ▼ 0.00 (0.00%)
AL- Abbas / Sep 24 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Sep 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 24 Allied Bank Limited(ABL)	68.47 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 24 Abbott Laboratories (Pakistan) Limited(ABOT)	788.72 ▼ 0.00 (0.00%)
Abson Ind. / Sep 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 24 Attock Cement Pakistan Limited(ACPL)	139.40 ▼ 0.00 (0.00%)
Adam Sugar / Sep 24 Adam Sugar Mills Limited(ADAMS)	33.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	169.10
USD PKR Interbank Buying / Sep 23	168.95
USD to Japanese Yen / Sep 23	110.33
USD to Swiss Franc / Sep 23	0.92
Pound Sterling to USD / Sep 23	1.37
Euro to USD / Sep 23	1.17
UK LIBOR % / Sep 23	0.07

Stock	Volume
S&P 500 / Sep 23	4448.98
India Sensex / Sep 23	59885.36
Tokyo Nikkei / Sep 23	29639.40
Nasdaq / Sep 23	15052.25
Hang Seng / Sep 23	24510.98
FTSE 100 / Sep 23	7078.35
Dow Jones / Sep 23	34764.82
Germany DAX 30 / Sep 23	15643.97
France CAC40 / Sep 23	6701.98

Item	Value
Crude Oil / Sep 23	73.24
Karachi Cotton Assoc. / Sep 23	12880.00
Gold 10 Grams / Sep 23	95800.00
Gold Spot / Sep 23	1741.44
Cotton / Sep 23	92.46

Financial

Investors look ahead to rate hikes with Fed tapering plan all but certain

HSBC CEO sees market impact from Evergrande debt woes

Zambian president to meet IMF, World Bank in Washington

Australia's Commonwealth Bank mocks Apple's 'pro-competition' claim

Turkish central bank to keep rates steady despite dovish messages

Thai lender SCB shares hit 2-year high on restructuring, new fund

Bank of England on guard against spiking inflation

Brazil central bank raises interest rate by 1 point to 6.25%: official

BOJ rolls out climate scheme, to disburse first loans late December

ADB cuts Asia growth forecast on slow Covid vaccine rollout

IMF execs meets over charges boss changed data to favor China

Fed may hint at ending stimulus, but no big moves expected

ECB's de Guindos warns against tying wages to inflation

Bitcoin attempts recovery as Evergrande-led selloff eases

JPMorgan takes on British rivals with launch of digital bank Chase

U.S. yields tumble as Evergrande fears boost safe-haven appeal

Yellen urges Congress to raise debt limit to avoid financial crisis

Central banks tiptoe towards tapering

China will steadily promote yuan internationalisation in 2021, central bank says

Japan's PM contender Kishida says won't raise sales tax for a decade

US probes possible insider trading at Binance: Bloomberg News

U.S. yields fall after inflation shows signs of cooling

U.S. yields dip with eyes on inflation data

Wells Fargo gets $250mn fine for failing to pay back hurt customers

Australia's NAB says steering clear of crypto-currency firms until risks known

Markets await ECB stimulus clues as eurozone bounces back

Indonesia FX settlement deals to cut 2021 dollar demand by $2bn: central bank

U.S. yields rise for a second day as auctions eyed

Abu Dhabi, Saudi Arabia expected to issue bonds by end-2021

BoE's Saunders says interest rates may rise next year

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