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Janet Yellen

Yellen says state, local aid strengthened US cities' COVID-19 responses

WASHINGTON: The $350 billion in coronavirus relief aid for state and local governments has allowed US cities to...

Published 19 Jan, 2022 08:31pm

Business & Finance

Omicron will pinch, not derail US economic growth: Yellen

WASHINGTON: The latest coronavirus variant will weigh on US economic growth in the months ahead but will not derail...

Published 19 Jan, 2022 03:41pm

Business & Finance

Lawmakers urge Treasury’s Yellen to back review of IMF surcharges

WASHINGTON: Sixteen Democratic lawmakers are urging U.S. Treasury Secretary Janet Yellen to back a review aimed at...

Published 11 Jan, 2022 06:33am

Opinion

Biden’s democracy summit

One thing which emerged promising for the developing countries out of the “Democracy Summit” recently hosted by...

Published 18 Dec, 2021 04:33am

Editorials

Ill-gotten money Laundromats

EDITORIAL: Speaking at the so-called “Democracy Summit” recently hosted by President Joe Biden, US Treasury...

Updated 15 Dec, 2021 07:07am

US ‘best place’ to hide, launder illicit funds: Yellen

WASHINGTON: While small countries are often perceived as major havens for hiding or laundering money, “enormous...

Updated 11 Dec, 2021 09:22am

World

Congress reaches agreement to avert calamitous US debt default

WASHINGTON: US senators struck a deal Tuesday to create a one-time law allowing Democrats to lift the nation's...

Published 08 Dec, 2021 10:31am

World

Germany agrees new Covid curbs as Omicron variant spreads across globe

BERLIN/WASHINGTON: Germany agreed on new COVID-19 restrictions on Thursday and the United States prepared to do the...

Published 03 Dec, 2021 04:31am

Markets

Monthly US inflation to return to 0.2-0.3 pct in second half of 2022: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Monday she expects current record-high inflation to ease, with...

Published 23 Nov, 2021 09:44am

World

Yellen warns US could again hit debt limit on December 15

WASHINGTON: The US government may run out of money by December 15, Treasury Secretary Janet Yellen warned Tuesday in...

Published 18 Nov, 2021 03:58am

World

G20 only a few billion short of $100bn climate pledge: Yellen

DUBLIN: US Treasury Secretary Janet Yellen said the Group of 20 rich nations was just "a few billion dollars short"...

Published 02 Nov, 2021 05:20am

Business & Finance

Yellen says reciprocal lowering of tariffs could help ease inflation

WASHINGTON: US Treasury Secretary Janet Yellen said the United States expected China to meet its commitments under...

Published 01 Nov, 2021 10:39am

G20 leaders approve global tax but wrangle over climate

ROME: Leaders of the G20 world’s major economies approved a global minimum tax on the largest companies on...

Published 31 Oct, 2021 03:38am

World

China's Liu, US Treasury's Yellen hold 'candid' call on trade

BEIJING: China's Vice Premier Liu He held a call with US Treasury Secretary Janet Yellen Tuesday to discuss trade...

Published 27 Oct, 2021 04:50am

Yellen says US is not losing control of inflation

WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday that the United States was not losing control of...

Published 25 Oct, 2021 05:45am

World

Yellen sees US inflation moderating by mid-to-late 2022

NEW YORK: Inflation in the United States, pushed upward by pandemic-related supply and labor problems, should return...

Updated 24 Oct, 2021 09:24pm

World

US Treasury's Yellen confident Congress will pass global minimum tax

WASHINGTON: Treasury Secretary Janet Yellen said on Sunday she was confident the US Congress would approve...

Updated 10 Oct, 2021 08:19pm

World

Minimum tax rate of 15%: Milestone global corporate tax deal finally gets agreement

Out of the 140 countries involved, 136 supported the deal with developing countries Kenya, Nigeria, Pakistan and Sri Lanka abstaining for now

Updated 08 Oct, 2021 10:44pm

World

U.S. Senate to vote on debt ceiling, Republicans say they will oppose

WASHINGTON: President Joe Biden's Democrats planned a Wednesday vote in the Senate to suspend the U.S. debt ceiling,...

Published 06 Oct, 2021 01:15am

World

Yellen warns US debt default could trigger recession

WASHINGTON: US Treasury Secretary Janet Yellen warned Tuesday that a US debt default could trigger another ...

Published 05 Oct, 2021 05:43pm

World

Biden to Republicans: 'Get out of the way' in debt-ceiling crisis

WASHINGTON: President Joe Biden said on Monday the federal government could breach its $28.4 trillion debt limit in ...

Updated 05 Oct, 2021 01:41am

JPMorgan cautions a US default to be ‘potentially catastrophic’

WASHINGTON: JPMorgan Chase & Co has begun preparing for the possibility of the United States hitting its debt...

Updated 30 Sep, 2021 10:07am

Business & Finance

US may exhaust funds by Oct 18 unless debt limit raised: Yellen

WASHINGTON: The US government is likely to run out of cash on October 18 unless Congress raises the federal ...

Published 29 Sep, 2021 03:59am

Business & Finance

Dollar lifted by higher Treasury yields

NEW YORK/LONDON: The US dollar gained for a second straight session on Monday, bolstered by the rise in Treasury...

Published 28 Sep, 2021 05:12am

World

Yellen urges Congress to raise debt limit to avoid financial crisis

WASHINGTON: US Treasury Secretary Janet Yellen pleaded Sunday for Congress to raise the debt ceiling in order to...

Published 21 Sep, 2021 04:10am

Markets

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

Republicans withhold support for US debt ceiling increase

WASHINGTON: Republican leaders in Congress on Tuesday continued to withhold support for efforts by the Democratic...

Published 16 Sep, 2021 03:16am

Business & Finance

US calls on G7 to quickly implement global tax reform

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday urged countries in the G7 group of richest nations to...

Published 09 Sep, 2021 09:00pm

World

US to exhaust funds by October if debt limit not raised: Yellen

WASHINGTON: The US government will run out of money at some point in October unless Congress acts to increase the...

Published 08 Sep, 2021 08:04pm

World

US moves to prolong jobless aid as claims hit new pandemic low

WASHINGTON: President Joe Biden's administration announced steps on Thursday to allow US states to continue expanded...

Published 21 Aug, 2021 04:21am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.94
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 30	4050.83
Nasdaq / Mar 30	12013.47
Dow Jones / Mar 30	32859.03
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7628.03
Germany DAX 30 / Mar 31	15561.26
France CAC40 / Mar 31	7285.79

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Crude Oil USD/Barrel / Mar 31	74.31
Gold Spot USD/Ounce / Mar 31	1979.09
Cotton US¢/pound / Mar 31	83.42

Janet Yellen

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