Trends - Janet Yellen - Business Recorder

Janet Yellen

Yellen chairs closed US Financial Stability Oversight Council meeting

WASHINGTON: U.S. Treasury Secretary Janet Yellen will chair a closed meeting of the Financial Stability Oversight...

Published 24 Mar, 2023 08:19pm

Markets

Indian shares end higher ahead of key Fed decision

BENGALURU: Indian shares advanced for a second straight session on Wednesday as concerns over a banking crisis...

Published 23 Mar, 2023 05:47am

Markets

China, HK stocks extend rally as banking fears ease

HONG KONG: China and Hong Kong stocks rallied for a second day after US banking stocks rebounded overnight on hopes...

Published 23 Mar, 2023 05:47am

Business & Finance

US banking sector ‘stabilizing’ after recent turmoil: Yellen

WASHINGTON: The US banking sector is “stabilizing” after the recent failures of Silicon Valley Bank and Signature...

Published 21 Mar, 2023 05:43pm

Markets

Bank rescues ease crisis fears but investors worry it’s not enough

A $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday,...

Published 17 Mar, 2023 12:08pm

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

Markets

Wall St rebounds on reports about First Republic’s deal talks with big banks

NEW YORK: Wall Street’s main indexes reversed declines on Thursday after a report said some US big banks were in...

Published 17 Mar, 2023 06:16am

Business & Finance

US banking system ‘remains sound’: Yellen

WASHINGTON: The US banking system “remains sound” despite market anxiety over the collapse of Silicon Valley Bank...

Published 16 Mar, 2023 05:07pm

Business & Finance

US govt rules out SVB bailout, but wants to avoid ‘contagion’

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial...

Published 13 Mar, 2023 06:15am

World

Working to address SVB collapse, but not looking at bailout: Yellen

WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to...

Published 12 Mar, 2023 06:45pm

World

Yellen warns US House members of 'economic collapse' from default

WASHINGTON: US Treasury Secretary Janet Yellen urged members of the US House of Representatives on Friday to raise...

Published 11 Mar, 2023 01:00am

World

US sending Ukraine another $1 billion, Yellen says in Kyiv

KYIV: The United States is transferring an additional $1 billion to Ukraine as it fights to resist Russia's ...

Published 27 Feb, 2023 11:14pm

G20 tussles overc war as West steps up sanctions

BENGALURU: Finance leaders of the world’s top economies sought on Friday to bridge differences over how to deal with...

Updated 25 Feb, 2023 09:04am

World

Yellen says Russian officials at G20 meeting ‘complicit’ in war atrocities

BENGALURU: U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting on...

Published 24 Feb, 2023 12:04pm

World

Yellen, G7 urge renewed aid for Ukraine

BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for...

Published 24 Feb, 2023 06:00am

World

Biden nominates former MasterCard chief Banga to head World Bank

WASHINGTON: U.S. President Joe Biden on Thursday nominated Indian-American business executive Ajay Banga to become...

Published 23 Feb, 2023 09:28pm

World

Sanctions having ‘significant negative effect’ on Russian economy: Yellen

BENGALURU: Sanctions imposed on Russia are having a “very significant effect”, US Treasury Secretary Janet Yellen...

Published 23 Feb, 2023 05:19pm

World

At G20 meeting, Yellen steps up calls for increased economic aid to Ukraine

BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to...

Published 23 Feb, 2023 01:36pm

World

US to push debt relief, Ukraine aid at G20 finance meeting in India

WASHINGTON: US Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will...

Published 17 Feb, 2023 05:05pm

World

Yellen says counties should use COVID funds for housing, job training

WASHINGTON: US Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their...

Published 14 Feb, 2023 11:42pm

Opinion

Europe in crossfire of US-China economic rivalry

The economic confrontation between the United States and China has put Europe in the crossfire, with Washington’s...

Published 05 Feb, 2023 03:10am

World

Yellen says she discussed Russia sanctions in every stop on Africa tour

EMALAHLENI: US Treasury Secretary Janet Yellen said she had discussed economic sanctions on Russia over its invasion...

Published 27 Jan, 2023 06:12pm

World

US Treasury activates another maneuver to avoid breaching debt limit

WASHINGTON: US Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to...

Published 24 Jan, 2023 11:01pm

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 23 Jan, 2023 08:13am

World

Failure to cut debt burden of some countries could hamper growth, spark conflict: Yellen

DAKAR: U.S. Treasury Secretary Janet Yellen on Saturday underscored the urgent need to reduce the debt burden of...

Published 21 Jan, 2023 11:58pm

World

US, Africa histories ‘intimately connected’ by slavery: Yellen

DAKAR: Treasury Secretary Janet Yellen said Saturday the histories of the United States and Africa were “intimately...

Published 21 Jan, 2023 07:22pm

World

Yellen, at former slave port, sees path of renewal for Africa and US

GOREE ISLAND: US Treasury Secretary Janet Yellen on Saturday spoke of the “unspeakable cruelty” and enduring...

Published 21 Jan, 2023 04:03pm

Business & Finance

Yellen says a US default could cause global financial crisis

DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global...

Published 21 Jan, 2023 06:41am

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 20 Jan, 2023 06:47pm

Business & Finance

US hits debt ceiling amid standoff between Republicans, Democrats

WASHINGTON: The US government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the...

Published 20 Jan, 2023 06:10am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 24 The Pakistan General Insurance Co. Ltd.(PKGI)	4.25 ▲ 0.39 (10.10%)
KASB Modaraba / Mar 24 KASB Modaraba(KASBM)	1.25 ▲ 0.11 (9.65%)
Khyber Tex. / Mar 24 Khyber Textile Mills Limited(KHYT)	297.60 ▲ 20.76 (7.50%)
Shield Corp. / Mar 24 Shield Corporation Limited(SCL)	244.99 ▲ 17.09 (7.50%)
Sapphire Fibres / Mar 24 Sapphire Fibres Limited(SFL)	1026.39 ▲ 71.60 (7.50%)
Tandlianwala Sugar / Mar 24 Tandlianwala Sugar Mills Limited(TSML)	83.72 ▲ 5.84 (7.50%)
Khairpur / Mar 24 Khairpur Sugar Mills Limited(KPUS)	57.38 ▲ 4.00 (7.49%)
Pakistan Services / Mar 24 Pakistan Services Limited(PSEL)	1277 ▲ 89.00 (7.49%)
Shahtaj Textile / Mar 24 Shahtaj Textile Limited(STJT)	84.22 ▲ 5.87 (7.49%)
Shakarganj / Mar 24 Shakarganj Limited(SML)	33.50 ▲ 2.33 (7.48%)

Stock	Price
Dewan Sugar / Mar 24 Dewan Sugar Mills Limited(DWSM)	2.22 ▼ -0.29 (-11.55%)
Pak Agro Pack. (GEM) / Mar 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.88 ▼ -1.00 (-11.26%)
HBL Invest Fund / Mar 24 HBL Investment Fund(HIFA)	1.55 ▼ -0.15 (-8.82%)
Kohat Textile / Mar 24 Kohat Textile Mills Limited(KOHTM)	10.55 ▼ -1.00 (-8.66%)
Colony Tex.Mills Ltd / Mar 24 Colony Textile Mills Limited(CTM)	2.41 ▼ -0.21 (-8.02%)
D.S. Ind. Ltd. / Mar 24 D.S. Industries Limited(DSIL)	2.22 ▼ -0.18 (-7.50%)
Gadoon Textile / Mar 24 Gadoon Textile Mills Limited(GADT)	193.33 ▼ -15.67 (-7.50%)
Philip Morris Pak. / Mar 24 Philip Morris (Pakistan) Limited(PMPK)	471.75 ▼ -38.25 (-7.50%)
Quetta Textile / Mar 24 Quetta Textile Mills Limited(QUET)	15.67 ▼ -1.27 (-7.50%)
Masood Textile / Mar 24 Masood Textile Mills Limited(MSOT)	41.42 ▼ -3.33 (-7.44%)

Stock	Volume
Fauji Cement / Mar 24 Fauji Cement Company Limited(FCCL)	17,487,500 ▼ -0.23
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	11,071,860 ▼ -0.02
Thatta Cement / Mar 24 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.16
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	7,792,084 ▼ -0.14
Ghani Glo Hol / Mar 24 Ghani Global Holdings Limited(GGL)	5,968,150 ▼ -0.59
Telecard Limited / Mar 24 Telecard Limited(TELE)	5,558,000 ▼ -0.52
Hascol Petrol / Mar 24 Hascol Petroleum Limited(HASCOL)	4,387,500 ▼ -0.11
Meezan Bank / Mar 24 Meezan Bank Limited(MEBL)	3,700,308 ▼ -0.27
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	3,587,106 ▼ -0.06
Maple Leaf Cement / Mar 24 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▼ -0.31

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.13
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.23
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 23	3948.72
Nasdaq / Mar 23	11787.40
Dow Jones / Mar 23	32105.25
India Sensex / Mar 24	57895.48
Tokyo Nikkei / Mar 24	27326.43
Hang Seng / Mar 24	19970.42
FTSE 100 / Mar 24	7408.41
Germany DAX 30 / Mar 24	15034.97
France CAC40 / Mar 24	7056.60

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.79
Gold Spot USD/Ounce / Mar 24	1989.92
Cotton US¢/pound / Mar 24	77.60

Janet Yellen

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