Trends - Christine Lagarde - Business Recorder

Christine Lagarde

ECB cannot commit to rate path even after first cut, Lagarde says

FRANKFURT: The European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts...

Published 20 Mar, 2024 04:56pm

Markets

Yen sinks as currency traders keep short and carry on

SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth...

Published 23 Feb, 2024 08:55am

Markets

ECB’s Lagarde hopes to join economists’ ‘tribe’ she criticised

FRANKFURT: European Central Bank Christine Lagarde said on Thursday she hoped to join the “tribe” of professional...

Published 15 Feb, 2024 05:14pm

Business & Finance

Economists pilloried for getting forecasts wrong

PARIS: Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global...

Updated 04 Feb, 2024 10:10pm

Business & Finance

US dollar up slightly after GDP data

NEW YORK: The US dollar edged higher on Thursday after data showed the world’s largest economy grew at a faster...

Published 26 Jan, 2024 04:58am

Business & Finance

US dollar little changed ahead of BOJ, ECB meetings

NEW YORK: The US dollar was little changed to slightly lower against a basket of currencies on Monday ahead of...

Published 23 Jan, 2024 05:14am

Markets

European shares slide more than 1pc on hawkish ECB remarks

PARIS: European shares declined on Wednesday as more hawkish remarks from European Central Bank (ECB) officials...

Published 18 Jan, 2024 05:54am

Business & Finance

ECB’s Lagarde says summer rate cut ‘likely’

DAVOS: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said...

Published 17 Jan, 2024 05:09pm

Markets

European shares advance amid increasing rate cut hopes

PARIS: European shares ended higher on Friday as bond yields fell after soft US data spurred hopes of early interest...

Published 13 Jan, 2024 05:38am

Business & Finance

ECB chief Lagarde admits her son lost crypto cash

FRANKFURT: No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who...

Published 24 Nov, 2023 05:53pm

Markets

European shares at two-month high

PARIS: European shares hit a two-month high on Wednesday, led by rate-sensitive real estate stocks, while British...

Published 23 Nov, 2023 03:19am

Business & Finance

Lagarde warns against premature inflation celebration

FRANKFURT: The European Central Bank has time now to assess how inflation unfolds after a record string of rate ...

Published 22 Nov, 2023 05:48am

Markets

ECB’s Lagarde: confident over 2% inflation target and Europe’s winter gas situation

PARIS: European Central Bank President Christine Lagarde said in an interview published on Sunday that she was...

Updated 08 Oct, 2023 01:28pm

Business & Finance

Global economic transformation risks fuelling inflation: Lagarde

JACKSON HOLE (Wyoming): Profound changes in how the global economy operates, from increased protectionism to energy...

Published 28 Aug, 2023 06:27am

Opinion

‘Interest hammer’

This is apropos a Business Recorder front page photograph titled “Interest hammer’ carried by the newspaper...

Published 29 Jul, 2023 05:28am

Markets

Oil prices steady near 3-month highs

LONDON: Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges...

Updated 25 Jul, 2023 05:30pm

Markets

Euro zone bond yields tick up, inflation data in focus

LONDON: Euro zone bond yields rose on Thursday as headline inflation data from several European markets came in...

Published 29 Jun, 2023 05:33pm

Business & Finance

Yen sags to 15-year low vs euro after BOJ rate decision

NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its...

Published 19 Jun, 2023 06:55am

Business & Finance

ECB hikes rates to 22-year high and says not done yet

FRANKFURT: The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in...

Updated 15 Jun, 2023 07:55pm

Business & Finance

Euro up after Lagarde promises rate hike

WASHINGTON: The euro recovered from a two-month low Thursday after European Central Bank (ECB) President Christine...

Published 02 Jun, 2023 03:56am

Business & Finance

ECB slows rate hike pace but signals more to come

FRANKFURT: The European Central Bank slowed the pace of its interest rate increases on Thursday but signalled more...

Published 05 May, 2023 06:44am

Business & Finance

Euro zone yields set for biggest weekly rise since Dec

PARIS: Euro zone government bond yields were set for their biggest weekly rise of 2023 as fears of a banking crisis...

Published 15 Apr, 2023 06:19am

World

Eurozone inflation to slow but ‘considerable uncertainty’: Lagarde

BERLIN: The high rate of inflation in the eurozone ought to come down over the coming months, European Central Bank...

Published 14 Apr, 2023 05:05pm

Business & Finance

ECB chief warns financial tensions may hit eurozone

FRANKFURT: Recent financial turbulence could add to “downside risks” in the eurozone, European Central Bank chief...

Published 22 Mar, 2023 05:49pm

Markets

ECB to watch bank rates for signs of stress, Lagarde says

FRANKFURT: The European Central Bank’s interest rate increases are just starting to take effect on the economy but...

Published 22 Mar, 2023 03:00pm

Markets

Market turmoil tests ECB rate hike appetite

FRANKFURT: European Central Bank governors will meet Thursday, with fears over a widening banking crisis testing...

Published 16 Mar, 2023 10:33am

World

ECB facing high core inflation in the near term, Lagarde says

FRANKFURT: Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European...

Published 05 Mar, 2023 11:02am

Business & Finance

More interest rate hikes may be needed, says ECB’s Lagarde

FRANKFURT: More interest rate increases may be needed beyond the one coming later this month, European Central Bank...

Published 02 Mar, 2023 06:49pm

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

Business & Finance

Interest rates need to rise at 'steady pace': ECB chief

ESCHBORN: European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a...

Published 24 Jan, 2023 01:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Christine Lagarde

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