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Treasury Department

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 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 Iranian exchange house, shadow fleet vessels

Published 20 May, 2026 02:34am

WASHINGTON: The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and...

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 allows 30-day sale of Iran oil at sea in bid to tame prices

Published 21 Mar, 2026 09:26am

The waiver ‌will bring some 140 million barrels of oil to global markets and help relieve pressure on energy supply, Treasury Secretary Scott Bessent posted on X

Economic team warns of oil shock: With Iran war exit elusive, Trump aides vie to affect outcome

Published 14 Mar, 2026 04:55am

WASHINGTON: A complex tug-of-war inside the White House is driving US President Donald Trump’s shifting public...

US approves temporary sale of stranded Russian oil to India

Published 07 Mar, 2026 05:05am

WASHINGTON: The US government on Thursday temporarily eased economic sanctions against Russia to allow Russian oil...

Police action against protesters: Treasury, opposition trade allegations in Sindh assembly

Published 17 Feb, 2026 06:03am

KARACHI: The government and opposition traded sharp accusations in the Sindh Assembly on Monday over violent clashes...

US allows oil majors to resume Venezuela operations

Published 14 Feb, 2026 02:23am

WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow...

Rupee registers marginal gain against US dollar

Updated 06 Nov, 2025 07:09pm

Currency settles at 280.85 against greenback

Dollar dips from peaks, sterling squeezed ahead of BoE

Published 06 Nov, 2025 08:16am

At $1.1495 against the euro the dollar hasn’t budged a great deal

US judges bar Musk’s DOGE from Treasury, allow access to health, labor

Published 15 Feb, 2025 10:31am

NEW YORK: A federal judge extended a block on Elon Musk’s government cost-cutting team from accessing payment...

Donald Trump expected to tap US Senator Marco Rubio for secretary of state, sources say

Published 12 Nov, 2024 10:55am

WEST PALM BEACH, FLORIDA: Donald Trump is expected to tap US Senator Marco Rubio to be his secretary of state,...

US warned Nippon its US Steel bid poses a national security risk, sources say

Published 05 Sep, 2024 10:09am

WASHINGTON: The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of US...

Tesla expects reduced tax credit for Model 3 by March-end

Published 30 Mar, 2023 11:06am

Tesla Inc said on Wednesday a $7,500 tax credit in place since January will be reduced for its Model 3 ear-wheel...

US regulator sells failed Signature Bank assets to another lender

Published 20 Mar, 2023 12:04pm

SAN FRANCISCO: The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to...

Does the cryptocurrency crash pose a threat to the financial system?

Updated 11 May, 2022 01:37pm

WASHINGTON: On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies...

Obama returns to White House to tout healthcare law with Biden

Published 05 Apr, 2022 03:02pm

WASHINGTON: Former President Barack Obama will return to the White House on Tuesday for the first time since leaving...

U.S. stops Russian bond payments in bid to raise pressure on Moscow

Published 05 Apr, 2022 12:48pm

NEW YORK/WASHINGTON: The United States stopped the Russian government on Monday from paying holders of its sovereign...

Biden orders government to study digital dollar, other cryptocurrency risks

Published 09 Mar, 2022 04:27pm

WASHINGTON: US President Joe Biden will sign an executive order on Wednesday requiring the government to assess the...

US bans transactions with Russian central bank

Published 28 Feb, 2022 06:53pm

WASHINGTON: The United States on Monday banned all US transactions with Russia's central bank effective immediately,...

US imposes sanctions on North Koreans, Russian, after missile tests

Published 12 Jan, 2022 09:49pm

WASHINGTON: The United States on Wednesday imposed sanctions on six North Koreans, one Russian and a Russian firm it...

Yellen's watchlist for the US currency manipulator tag

Published 01 Dec, 2021 12:16pm

Treasury Secretary Janet Yellen's second foreign exchange report, yet to be released, risks labeling some US trading...

Wall Street surges as worries over debt ceiling subside

Published 08 Oct, 2021 04:30am

NEW YORK: US stocks climbed on Thursday in a broad-based rally led by heavyweight technology stocks, after a...

US Congress back for frantic autumn with Biden agenda at stake

Published 19 Sep, 2021 10:47am

Avoiding a government shutdown is also at the top of the agenda, alongside dodging a catastrophic credit default, which may be the largest of the looming deadlines

US sanctions Eritrean army chief over rights abuses in Tigray

Published 24 Aug, 2021 05:02am

WASHINGTON: The United States imposed sanctions Monday on Eritrea's army chief over abuses including massacres and...

Yields dip as investors buy bonds for month-end

Published 30 Apr, 2021 08:46pm

"Right now it's month-end rebalancing," said Ian Lyngen, head of US rates strategy at BMO Capital Markets in New York, noting the next major market catalyst will be next Friday's jobs report for April.
The yields fell back down in the afternoon, however, and are now trading in the middle of their recent range.

PIMCO warns of an ‘inflation head fake’ in 2021

Published 31 Mar, 2021 05:42am

NEW YORK: Bond giant PIMCO’s quarterly outlook published on Tuesday warned that market volatility could rise this...

Yields spike after weak seven-year auction

Published 26 Mar, 2021 11:19am

A short burst of selling on Thursday morning was also seen with a brief spike in trading volumes in long-dated Treasury futures, while the five-year, 30-year Treasury yield curve steepened relatively sharply.

US slaps sanctions on Russia security chief over Navalny

Updated 03 Mar, 2021 09:37am

WASHINGTON: The United States on Tuesday imposed sanctions on the director of Russia’s FSB security agency after...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 6	277.92
USD PKR Interbank Buying / Aug 6	277.72
USD to Japanese Yen / Aug 7	158.34
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.15
SOFR % / Aug 6	3.66

Stock	Volume
S&P 500 / Aug 6	7,709.96
Nasdaq / Aug 6	26,348.35
Dow Jones / Aug 6	53,885.10
India Sensex / Aug 7	78,518.11
Tokyo Nikkei / Aug 7	65,039.16
Hang Seng / Aug 7	25,530.59
FTSE 100 / Aug 7	10,887.21
Germany DAX 30 / Aug 7	26,278.17
France CAC40 / Aug 7	8,720.34

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 6	18,580
Gold 10 Grams PKR / Aug 6	385,147
Petrol/Litre / Aug 7	329.82
Crude Oil USD/Barrel / Aug 7	77.91
Gold Spot USD/Ounce / Aug 7	4,291.19
Diesel/Litre / Aug 7	382.36
Cotton US¢/pound / Aug 7	83.50

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.65 ▲ 2.15 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Mughal Energy / Aug 7 Mughal Energy Limited(GEM)(GEMMEL)	29.92 ▲ 2.72 (10%)

Stock	Price
Azgard Nine (Non-Voti) / Aug 7 Azgard Nine (Non-Voti)(ANLNV)	7.30 ▼ -0.68 (-8.52%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.40 ▼ -3.59 (-7.81%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.68 ▼ -1.57 (-7.75%)
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	163 ▼ -12.99 (-7.38%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	53 ▼ -3.74 (-6.59%)
JS Investments / Aug 7 JS Investments Limited(JSIL)	43.11 ▼ -2.87 (-6.24%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	340.50 ▼ -21.59 (-5.96%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.50 ▼ -1.1 (-5.91%)
First Imrooz Mod. / Aug 7 First Imrooz Modaraba(FIMM)	200 ▼ -11.98 (-5.65%)
Paramount Spinning / Aug 7 Paramount Spinning Mills Limited(PASM)	10.84 ▼ -0.53 (-4.66%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	160,375,761 ▲ 0.94
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	51,877,276 ▲ 0.54
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,213,917 ▲ 0.36
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,000,093 ▲ 0.27
Nishat ChunPow / Aug 7 Nishat Chunian Power Limited(NCPL)	18,203,069 ▲ 0.44
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,132,818 ▼ -0.38
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,115,408 ▼ -0.37
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,678,550 ▲ 0.32
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,519,587 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,461,383 ▼ -0.89

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