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Joe Biden

Biden signs debt ceiling bill into law, averting default

WASHINGTON: US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of...

Published 03 Jun, 2023 11:38pm

World

US imposes economic, visa sanctions over violence in Sudan

WASHINGTON: The White House on Thursday announced economic and visa sanctions against Sudanese leaders responsible...

Published 02 Jun, 2023 03:56am

World

US House votes to avert default, setting up Senate showdown

WASHINGTON: US lawmakers voted Wednesday to raise the national borrowing limit as a crucial first step to averting a...

Published 02 Jun, 2023 03:56am

World

Race against time for US debt crisis bill in Congress

WASHINGTON: The bill hammered out by US leaders to prevent the country from a catastrophic default on its debts will...

Published 31 May, 2023 03:57am

Markets

Nasdaq boosted by Nvidia, cautious on debt deal

NEW YORK: The Nasdaq led gains among Wall Street’s main indexes on Tuesday, boosted by shares of Nvidia, amid...

Published 31 May, 2023 03:57am

World

US debt ceiling deal faces its first test in Congress, amid right-wing pushback

WASHINGTON: Right-wing Republicans said on Tuesday they oppose a bipartisan deal to raise the $31.4 trillion U.S....

Published 30 May, 2023 10:35pm

World

UK PM Rishi Sunak to visit Washington for talks with Biden next week

LONDON: British Prime Minister Rishi Sunak will hold talks with US President Joe Biden next week in Washington where...

Published 30 May, 2023 06:09pm

World

Israel ‘not really aware’ about progress of Saudi-US talks on normalisation deal

JERUSALEM: A top Israeli official played down prospects for a US-brokered diplomatic breakthrough with Saudi Arabia...

Published 30 May, 2023 03:27pm

Markets

European stocks slip as investors assess US debt deal

PARIS: European shares edged lower in light trade on Monday, on losses in technology and bank stocks, while ...

Published 30 May, 2023 03:37am

Markets

Oil dips as rate hike bets offset US debt deal

HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand...

Published 30 May, 2023 03:37am

Business & Finance

Dollar nudges lower

LONDON: The dollar nudged down on Monday, pulling back from six-month peaks against the yen as a US debt ceiling ...

Published 30 May, 2023 03:37am

Markets

Wall Street surges on optimism about debt ceiling talks

NEW YORK: Wall Street jumped on Friday following progress in negotiations on raising the US debt ceiling, while chip...

Published 29 May, 2023 04:27am

Business & Finance

Republicans, Biden reach debt ceiling deal

WASHINGTON: President Joe Biden and Republican leader Kevin McCarthy announced a deal Saturday to raise the debt...

Updated 29 May, 2023 08:54am

World

Republicans criticize McCarthy, Biden debt ceiling deal

WASHINGTON: After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the...

Published 28 May, 2023 08:05pm

World

Russia tells United States: don’t lecture Moscow on nuclear deployments

MOSCOW: Russia on Saturday dismissed criticism from U.S. President Joe Biden over Moscow’s plan to deploy tactical...

Published 27 May, 2023 02:02pm

World

US debt default would impact military readiness, morale: top US general

WASHINGTON: A debt default would deal significant, unambiguous damage to US national security, negatively impacting...

Published 25 May, 2023 10:58pm

Markets

Wall Street subdued as deadlocked debt ceiling talks stoke default concerns

NEW YORK: Wall Street indexes were subdued on Tuesday as talks over increasing the US debt limit stretched to ...

Published 24 May, 2023 05:57am

World

Biden, McCarthy meeting ends with no deal on debt ceiling

WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise...

Published 23 May, 2023 09:32am

Markets

Nasdaq, S&P 500 rise amid fresh round of debt talks

NEW YORK: The Nasdaq and the S&P 500 rose on Monday as markets turned to megacap stocks while awaiting updates ...

Published 23 May, 2023 06:14am

World

Debt deal must be able to win Democratic votes, White House says

WASHINGTON: Any debt ceiling solution must be able to secure Democratic votes, not just House Republican's far-right...

Published 22 May, 2023 11:02pm

World

Biden, McCarthy to talk US debt ceiling with deadline 10 days away

WASHINGTON: President Joe Biden and top congressional Republican Kevin McCarthy will meet on Monday to discuss...

Published 22 May, 2023 10:49pm

World

Biden and McCarthy to meet on Monday as debt talks resume

WASHINGTON: U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit...

Published 21 May, 2023 11:09pm

World

Biden says Putin ‘will not break our resolve’ on Ukraine

HIROSHIMA: Ukraine’s backers “will not waver”, US President Joe Biden said Sunday after talks with President...

Published 21 May, 2023 05:58pm

World

Biden says US, China should see a ‘thaw very shortly’

HIROSHIMA: US President Joe Biden said Sunday that ties between Washington and Beijing should thaw “very shortly”,...

Published 21 May, 2023 05:39pm

Markets

CBOT soyabeans fall to new 10-month

CHICAGO: Chicago Board of Trade (CBOT) soyabean futures slid sharply on technical trading on Friday, as investors...

Published 21 May, 2023 04:00am

G7 communique: Enraged China voices ‘strong dissatisfaction’

BEIJING: China on Saturday expressed “strong dissatisfaction” with a communique issued by G7 leaders that took aim...

Updated 21 May, 2023 09:28am

World

US debt talks on knife edge

WASHINGTON: Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would...

Published 20 May, 2023 11:19am

World

White House: Biden to discuss Ukraine with Brazil’s Lula, India’s Modi

HIROSHIMA: U.S. President Joe Biden aims to speak this weekend with Brazil’s President Luiz Inacio Lula da Silva and...

Published 20 May, 2023 10:56am

World

White House says 'real differences' as talks to avoid debt default struggle

Republicans have paused crunch US debt default talks less than two weeks before a potentially catastrophic default,...

Updated 19 May, 2023 11:40pm

Markets

Oil prices dip 1pc as US economic data boosts dollar

NEW YORK: Oil prices slid about 1 percent on Thursday after solid US economic data spurred the dollar to a two-month...

Published 19 May, 2023 06:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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