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Janet Yellen

Yellen urges new World Bank chief to ‘get the most’ from balance sheet

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday told incoming World Bank Group President Ajay Banga to...

Published 02 Jun, 2023 09:26am

World

Biden spending freeze plan would save $1 trillion: Treasury

WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...

Published 24 May, 2023 09:20pm

World

Yellen says June 1 is 'hard deadline' for raising debt ceiling

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the...

Updated 21 May, 2023 11:27pm

World

Biden trims Asia-Pacific tour as hopes rise of debt deal

WASHINGTON: Joe Biden and opposition Republican leaders on Tuesday offered hope of a deal that could avoid a...

Published 17 May, 2023 11:00am

World

US default could trigger recession, disrupt critical govt services: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen on Tuesday warned that a default on government debt would likely ...

Published 17 May, 2023 06:22am

World

US economy ‘hangs in the balance’ as debt limit impasse drag on: Yellen

WASHINGTON: The standoff over the federal debt limit is already having dire consequences for the US economy, driving...

Published 16 May, 2023 03:49pm

Business & Finance

What happens if the US fails to raise its debt ceiling?

WASHINGTON: Time is running short as US policymakers remain at an impasse on lifting the debt ceiling, while the...

Updated 15 May, 2023 12:02pm

World

Yellen expects US regulators to be open to mergers among midsize banks

NIIGATA: The current banking environment and pressures on earnings of some U.S. regional banks may lead to some...

Published 13 May, 2023 10:00am

World

Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown

NIIGATA: Treasury Secretary Janet Yellen on Saturday called the showdown over raising the U.S. debt ceiling “more...

Published 13 May, 2023 09:47am

World

World Bank’s Malpass: risk of US default adds to woes facing slowing global economy

NIIGATA: The risk of a US default is adding to problems facing the slowing global economy, with rising interest...

Published 12 May, 2023 05:05pm

Markets

Yellen: Still some uncertainty about when Treasury will run out of cash

NIIGATA: Treasury Secretary Janet Yellen said there is still uncertainty about exactly when Treasury will run out of...

Published 12 May, 2023 01:51pm

World

Yellen warns US default would threaten global economy, undermine US leadership

NIIGATA: US Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt...

Published 11 May, 2023 01:40pm

World

Yellen says G7 members looking at how to counter China’s ‘economic coercion’

NIIGATA: US Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies...

Published 11 May, 2023 01:12pm

World

US debt ‘brinkmanship’ risks serious costs: Yellen

NIIGATA, JAPAN: Political brinkmanship over raising the US debt ceiling risks “serious economic costs” even without...

Published 11 May, 2023 11:06am

Yellen warns of ‘chaos’ if US fails to raise debt ceiling

WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s...

Updated 08 May, 2023 09:00am

World

Yellen warns against debt ceiling talks with ‘gun to the head of the American people’

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday warned that a failure by Congress to act on the debt...

Published 07 May, 2023 08:27pm

World

Yellen to travel to Japan for G7 finance ministers meeting

WASHINGTON: U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group...

Published 03 May, 2023 05:59pm

World

US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet

WASHINGTON: US President Joe Biden on Monday summoned the four top congressional leaders to the White House next...

Published 02 May, 2023 09:38am

Business & Finance

Debt limit action should be ‘without conditions’: Yellen

WASHINGTON: A US debt default would trigger an “economic and financial catastrophe,” Treasury Secretary Janet...

Published 26 Apr, 2023 06:15am

World

Debt limit action should be ‘without conditions’: Yellen

WASHINGTON: A US debt default would trigger an “economic and financial catastrophe,” Treasury Secretary Janet Yellen...

Published 25 Apr, 2023 06:47pm

World

Yellen says FSOC to tighten rules on risk assessment, non-bank firms

WASHINGTON: The Financial Stability Oversight Council on Friday is voting on a new framework to better identify and...

Published 21 Apr, 2023 08:48pm

World

Yellen raps China for serving as ‘roadblock’ in debt restructuring process

WASHINGTON: As the world’s largest official bilateral creditor, China should participate in meaningful debt relief...

Published 20 Apr, 2023 08:28pm

Markets

Yellen calls for ‘constructive and fair’ US economic ties with China

WASHINGTON: The US seeks “constructive and fair” economic ties with China, but will protect its national security...

Published 20 Apr, 2023 02:23pm

Opinion

Yellen goes to school

Surely, you can’t be accused of being a pro-Putin conspiracy hack if you’re quoting the US treasury secretary...

Updated 20 Apr, 2023 06:52am

World

Yellen to lay out U.S. economic priorities on China in Thursday speech

WASHINGTON: U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration's principal...

Published 18 Apr, 2023 11:30pm

Business & Finance

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 17 Apr, 2023 06:41am

Markets

Yellen says sanctions may risk hegemony of US dollar

WASHINGTON: Economic sanctions imposed on Russia and other countries by the United States put the dollar’s dominance...

Published 16 Apr, 2023 10:01pm

Business & Finance

Yellen says US banks likely to pull back credit: CNN interview

WASHINGTON: US Treasury Secretary Janet Yellen said banks are likely to tighten lending further in the wake of...

Published 15 Apr, 2023 09:29pm

Business & Finance

World Bank members endorse moves to boost lending by $50bn over decade

WASHINGTON: World Bank member countries have endorsed measures allowing a $50 billion lending boost over the next...

Published 14 Apr, 2023 05:59am

World

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 12 Apr, 2023 06:50pm

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

Janet Yellen

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