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Scott Bessent

Yen hovers near 40-year low against dollar

Published 24 Jun, 2026 07:11am

TOKYO: Japan’s finance minister said Tuesday that Tokyo was ready to take “resolute measures” as the yen came within...

US suspends Iran oil sanctions

Published 23 Jun, 2026 05:27am

BURGENSTOCK, (Switzerland): The United States temporarily suspended sanctions on Iranian oil on Monday after Vice...

US authorises Iranian oil sales amid talks on final peace deal

Updated 22 Jun, 2026 09:29pm

Treasury issues temporary 60-day general license authorising production, delivery, and sale of Iranian oil

US says shot down Iran drones as war reaches 100th day

Published 07 Jun, 2026 05:37pm

Tehran on Saturday fired a salvo of missiles at US allies Bahrain and Kuwait

US may issue country-specific sanction waivers for oil

Published 06 Jun, 2026 06:09am

WASHINGTON: US Treasury Secretary Scott Bessent said Thursday that the Trump administration could grant future...

US imposes fresh sanctions on Iran's military oil sales, Treasury says

Updated 29 May, 2026 04:21am

Global market impact of the conflict

Oil prices settle down after Vance cites progress in Iran talks

Published 20 May, 2026 02:34am

HOUSTON: Oil prices settled lower on Tuesday after Vice President JD Vance said the US and Iran had made progress in...

US Treasury Secretary Bessent: will call on G7 to follow sanctions regime on Iran

Published 18 May, 2026 12:07pm

Bessent added that last week's trip by a US delegation to China, led by President Donald Trump, was 'very successful'

China says agrees with US to implement 'all' existing trade agreements

Published 15 May, 2026 10:18pm

BEIJING: China and the United States agreed to continue implementing “all” agreements previously reached and to...

Trump seeks China’s help on Iran war

Published 15 May, 2026 07:17am

BEIJING: China’s President Xi Jinping warned US President Donald Trump on Thursday that mishandling the countries’...

IMF says constructive US-China dialogue, reduced tensions good for world economy

Published 15 May, 2026 12:27am

WASHINGTON: The International Monetary Fund said on Thursday that it welcomes the initial positive dialogue between...

Trump says China will order 200 Boeing jets

Updated 14 May, 2026 11:50pm

BEIJING: President Donald Trump said Thursday that China had agreed to purchase 200 Boeing jets, speaking of an...

New attacks reported on ships near Hormuz as Trump discusses Iran with Xi

Published 14 May, 2026 06:02pm

BEIJING: U.S. President Donald Trump discussed the Iran war with China’s President Xi Jinping in Beijing on...

China, US discuss fix to trade feud ahead of Trump-Xi summit

Published 14 May, 2026 05:59am

BEIJING: Top Chinese and US negotiators discussed “resolving” trade friction between their economies as they met for...

Most Gulf markets fall with Iran ceasefire in focus

Published 14 May, 2026 05:59am

DUBAI: Most Gulf stock markets ended lower on Wednesday, as investors monitored a fragile Middle East ceasefire and...

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push

Published 13 May, 2026 05:16pm

WASHINGTON: The U.S. and China are expected to inch toward a managed trade mechanism for non-sensitive goods this...

Iran war raises stakes for US and China ahead of Trump–Xi talks

Published 11 May, 2026 07:04pm

Key issues at stake for Washington, Beijing as US-Israeli war with Iran reshapes calculations in their broader relationship

Iran support: US sanctions Iraq’s deputy oil minister, militias

Published 08 May, 2026 06:54am

WASHINGTON: The United States sanctioned on Thursday Iraq’s deputy oil minister and militias over support for Iran,...

Dollar retreats on optimism over ME tensions

Published 08 May, 2026 06:08am

NEW YORK: The dollar eased for a second straight day on Thursday as hopes for a de-escalation in the Iran-US war...

Bessent urges China to step up diplomacy on Iran ahead of Trump-Xi summit

Published 05 May, 2026 06:01am

WASHINGTON: US Treasury Secretary Scott Bessent on Monday urged China to intensify its diplomatic efforts to...

US Treasury chief says Hormuz operation can ease oil shock

Published 05 May, 2026 01:16am

WASHINGTON: Treasury Secretary Scott Bessent said Monday that the US mission to restore maritime traffic through the...

US 'suffocating' Iran with blockade: Treasury chief

Published 03 May, 2026 10:47pm

'This is a real economic blockade,' says Scott Bessent

US imposes new Iran sanctions, warns against paying Hormuz tolls

Published 01 May, 2026 10:53pm

Tehran has virtually blocked the Strait of Hormuz, a key waterway for energy transit, since US-Israeli strikes on Iran

King Charles arrives in US for state visit amid differences over Iran war

Published 28 Apr, 2026 08:13am

The state visit, by far the most high-profile and consequential of Charles' reign, marks the 250th anniversary of the US Declaration of Independence from British rule

Iranian oil purchases: US imposes sanctions on Chinese ‘teapot’ refinery

Published 26 Apr, 2026 02:16am

WASHINGTON: The Trump administration said on Friday it had imposed sanctions on an independent “teapot” refinery in...

US freezes $344mn in cryptocurrency linked to Iran: Treasury chief

Published 25 Apr, 2026 01:21am

The Treasury Department "will continue to systematically degrade Tehran

US says more Gulf allies request swap lines

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.32
USD PKR Interbank Buying / Jul 3	278.12
USD to Japanese Yen / Jul 3	161.34
USD to Swiss Franc / Jul 3	0.80
Pound Sterling to USD / Jul 3	1.34
Euro to USD / Jul 3	1.14
SOFR % / Jul 3	3.62

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 3	77,938.16
Tokyo Nikkei / Jul 3	69,243.68
Hang Seng / Jul 3	23,310.80
FTSE 100 / Jul 3	10,679.03
Germany DAX 30 / Jul 3	25,779.31
France CAC40 / Jul 3	8,508.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Crude Oil USD/Barrel / Jul 3	68.69
Gold 10 Grams PKR / Jul 3	378,031
Gold Spot USD/Ounce / Jul 3	4,176.94
Cotton US¢/pound / Jul 3	77.12
Petrol/Litre / Jul 6	299.50
Diesel/Litre / Jul 6	311.47

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 3 Dewan Sugar Mills Limited(DWSM)	7.98 ▲ 0.96 (13.68%)
Ansari Sug. / Jul 3 Ansari Sugar Mills Limited(ANSM)	31.30 ▲ 2.85 (10.02%)
Dewan Farooque Sp. / Jul 3 Dewan Farooque Spinning Mills Limited(DFSM)	29.88 ▲ 2.72 (10.01%)
Quantum Data Tech. / Jul 3 Quantum Data Technologies Limited(QTECH)	51.87 ▲ 4.72 (10.01%)
Mughal Energy / Jul 3 Mughal Energy Limited(GEM)(GEMMEL)	24.73 ▲ 2.25 (10.01%)
Fateh Ind. / Jul 3 Fateh Industries Limited(FIL)	293.11 ▲ 26.65 (10%)
Fateh Sports / Jul 3 Fateh Sports Wear Limited(FSWL)	179.23 ▲ 16.29 (10%)
IbrahimFibres / Jul 3 Ibrahim Fibres Limited(IBFL)	271.37 ▲ 24.67 (10%)
S.G.Power / Jul 3 S.G. Power Limited(SGPL)	106.67 ▲ 9.7 (10%)
Shahzad Tex. / Jul 3 Shahzad Textile Mills Limited(SZTM)	114.95 ▲ 10.45 (10%)

Stock	Price
First Fid. Leasing / Jul 3 First Fidelity Leasing Modaraba(FFLM)	24.03 ▼ -2.67 (-10%)
Chashma / Jul 3 Chashma Sugar Mills Limited(CHAS)	132.21 ▼ -14.24 (-9.72%)
UBLPakistanETF / Jul 3 UBLPakistan Enterprise ETF(UBLPETF)	30.75 ▼ -2.72 (-8.13%)
First Imrooz Mod. / Jul 3 First Imrooz Modaraba(FIMM)	219.97 ▼ -14.2 (-6.06%)
Ashfaq Textile / Jul 3 Ashfaq Textile Mills Limited(ASHT)	35.31 ▼ -2.06 (-5.51%)
Sitara Chemical / Jul 3 Sitara Chemical Industries Limited(SITC)	811.04 ▼ -46.47 (-5.42%)
Gammon Pak / Jul 3 Gammon Pakistan Limited(GAMON)	19.76 ▼ -1.13 (-5.41%)
Pak Agro Pack. (GEM) / Jul 3 Pak Agro Packaging Limited (GEM)(GEMPAPL)	13.25 ▼ -0.75 (-5.36%)
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	16.79 ▼ -0.89 (-5.03%)
Next Capital / Jul 3 Next Capital Limited(NEXT)	13.11 ▼ -0.69 (-5%)

Stock	Volume
TPL REIT Fund I / Jul 3 TPL REIT Fund I(TPLRF1)	72,948,993 ▼ -0.04
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	48,406,341 ▼ -0.89
TPL Properties / Jul 3 TPL Properties Limited(TPLP)	34,286,380 ▲ 0.41
Ghani Chem. Ind. / Jul 3 Ghani Chemical Industries Limited(GCIL)	27,424,496 ▲ 2.43
Secure Logistics-Trax Group / Jul 3 Secure Logistics-Trax Group Limited(SLGL)	26,707,486 ▲ 0.23
F. Nat.Equities / Jul 3 First National Equities Limited(FNEL)	25,865,871 ▲ 0
Trust Sec.& Brok. / Jul 3 Trust Securities & Brokerage Limited(TSBL)	21,845,437 ▲ 0.11
Lotte Chemical / Jul 3 Lotte Chemical Pakistan Limited(LOTCHEM)	21,059,671 ▲ 0.91
Pak Reinsurance / Jul 3 Pakistan Reinsurance Company Limited(PAKRI)	18,996,584 ▲ 0.39
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	16,650,708 ▲ 1.65

Scott Bessent

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