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Treasury Secretary

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...

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...

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

Biden laying foundation for green energy investments: Yellen

Published 27 Sep, 2022 10:17pm

CHAPEL HILL: US President Joe Biden’s push for green energy tax credits will help boost a massive ramp up in private...

US says had constructive talks with India on Russian oil price cap plan

Published 26 Aug, 2022 06:40pm

NEW DELHI: The United States had constructive discussions with Indian officials on a proposal to cap prices of...

Some Trump era China tariffs serve ‘no strategic purpose’, Yellen says

Published 19 Jun, 2022 09:11pm

WASHINGTON: U.S. Treasury Secretary Janet Yellen said on Sunday some tariffs on China inherited from the...

High US inflation 'not acceptable' but recovery on track: Yellen to AFP

Published 17 Feb, 2022 11:01am

WASHINGTON: Soaring US inflation rates are "not acceptable" but the health of the world's largest economy is...

Yellen confident Congress will pass global minimum tax

Published 11 Oct, 2021 04:32am

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

Trillion-dollar coin? Washington eyes solution to budget impasse

Published 29 Sep, 2021 10:25am

NEW YORK: Talk of a trillion-dollar US coin has returned to Washington now that Congress is mired in another...

US Senate narrowly approves $3.5 trillion spending plan

Published 11 Aug, 2021 02:18pm

But it's unclear how soon the House, which has a slim Democratic majority, will take up the measure

Asian markets extend gains as recovery gathers pace

Published 28 May, 2021 10:15am

Hong Kong, Shanghai, Singapore, Seoul and Jakarta were also up, though there were small losses in Manila after a more than five percent surge Thursday.

Fed's Evans says easy monetary policy has his 'full' support

Published 25 May, 2021 06:49pm

"I have not seen anything yet to persuade me to change my full support of our accommodative stance for monetary policy or our forward guidance about the path for policy," Evans said in remarks prepared for delivery to a Bank of Japan conference.
Government spending has lifted inflation expectations recently, he noted, in what he called a "welcome" development.

Hong Kong stocks open lower

Published 05 May, 2021 11:24am

The Hang Seng Index slipped 0.45 percent, or 129.47 points, to 28,427.67.

Asian markets swing after Yellen spooks Wall St, eyes on US jobs

Published 05 May, 2021 11:12am

"Sure, a five percent pullback below 4,000 is quite possible -- and more likely probable, in that the narrative of the past week was to sell on the earnings news, regardless of the blowout numbers crossing the tape."

Hong Kong stocks head into break flat

Published 05 May, 2021 11:11am

The Hang Seng Index inched up 2.66 points to 28,559.80.

US interest rates may have to rise if economy heats up: Yellen

Published 05 May, 2021 10:44am

Though Yellen acknowledged the higher growth "could cause some very modest increases in interest rates," the United States needs the investments "to be competitive and to be productive."

Dollar dips, off 3-1/2 month highs as Treasury yields stabilize

Published 10 Mar, 2021 10:55am

The euro rose 0.47% to $1.19035 and sterling gained 0.58% to $1.3901.

G20 finance chiefs to talk Covid recovery, aid to poor countries

Published 26 Feb, 2021 11:03am

But "it is going to be a long and uncertain ascent", Georgieva said.

Americans earning $60,000 should get stimulus checks: Yellen

Published 08 Feb, 2021 03:46am

WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday that American workers who earn $60,000 per year should...

Yellen wins unanimous Senate panel vote for Treasury despite Republican tax, debt concerns

Published 22 Jan, 2021 09:34pm

Yellen's nomination was approved 26-0 in the evenly split committee, with concerns expressed by Republicans about President Joe Biden's ambitious plans for massive coronavirus relief spending.
There is no question she is qualified for this role.

Wall St set to open near record high as Biden takes office; Netflix soars

Published 20 Jan, 2021 08:39pm

Netflix projects an end to borrowing binge, shares surge.
Morgan Stanley gains as quarterly profit races past estimates.
Joe Biden to be sworn in as US President later in the day.
Futures up: Dow 0.19%, S&P 0.43%, Nasdaq 0.92%.

Australian dollar edges ahead, upside risk seen for jobs report

Published 20 Jan, 2021 12:25pm

Most analysts still assume it will extend the programme, if only to lessen upward pressure on the Aussie.

‘Act big’ on stimulus, Biden's Treasury nominee Yellen to tell lawmakers

Updated 19 Jan, 2021 11:14pm

In prepared testimony at her confirmation hearing, Yellen said her task as Treasury chief will be to help Americans endure the final months of the coronavirus pandemic.
Neither the president-elect, nor I, propose this relief package without an appreciation for the country's debt burden.

US treasury chief visits Sudan after blacklisting lifted

Published 06 Jan, 2021 05:18pm

Mnuchin is scheduled to meet both head of state General Abdel Fattah al-Burhan and Prime Minister Abdalla Hamdok.

Pelosi, Mnuchin discuss COVID-19 relief, spending bill: Pelosi spokesman

Published 15 Dec, 2020 04:10pm

Pelosi reiterated Democratic concerns about liability provisions in the COVID-19 relief bill, and told Mnuchin that remaining unresolved items in the spending bill could be resolved easily.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 12	160.24
USD to Swiss Franc / Jun 12	0.80
Pound Sterling to USD / Jun 12	1.34
Euro to USD / Jun 12	1.16
SOFR % / Jun 12	3.63

Stock	Volume
S&P 500 / Jun 12	7,431.46
India Sensex / Jun 12	75,527.95
Tokyo Nikkei / Jun 12	66,020.04
Nasdaq / Jun 12	25,888.84
Hang Seng / Jun 12	24,718.10
FTSE 100 / Jun 12	10,471.72
Dow Jones / Jun 12	51,202.26
Germany DAX 30 / Jun 12	24,635.30
France CAC40 / Jun 12	8,350.87

Item	Value
Crude Oil USD/Barrel / Jun 12	84.88
Karachi Cotton PKR/37.32 KG / Jun 12	21,780
Gold 10 Grams PKR / Jun 12	375,947
Gold Spot USD/Ounce / Jun 12	4,219.33
Cotton US¢/pound / Jun 12	76.42
Petrol/Litre / Jun 15	373.78
Diesel/Litre / Jun 15	378.78

Gainers
Losers
Leaders

Stock	Price
Arctic Textile / Jun 12 Arctic Textile Mills Limited(ARCTM)	33.75 ▲ 3.07 (10.01%)
Zephyr Textile / Jun 12 Zephyr Textiles Limited(ZTL)	20.45 ▲ 1.86 (10.01%)
AN Textile Mills / Jun 12 AN Textile Mills Limited(ANTM)	37.02 ▲ 3.37 (10.01%)
Elahi Cotton / Jun 12 Elahi Cotton Mills Limited(ELCM)	285.76 ▲ 25.98 (10%)
National Silk / Jun 12 The National Silk & Rayon Mills Limited(NSRM)	161.26 ▲ 14.66 (10%)
Pak. P.V.C. / Jun 12 Pakistan PVC Limited(PPVC)	28.59 ▲ 2.6 (10%)
Int. Knit. / Jun 12 International Knitwear Limited(INKL)	92.20 ▲ 8.38 (10%)
Siddiqsons Tin / Jun 12 Siddiqsons Tin Plate Limited(STPL)	8.44 ▲ 0.73 (9.47%)
IGI Holdings / Jun 12 IGI Holdings Limited(IGIHL)	284.15 ▲ 23.93 (9.2%)
Leiner Pak Gelat / Jun 12 Leiner Pak Gelatine Limited(LPGL)	100.33 ▲ 8.38 (9.11%)

Stock	Price
Idrees Tex. / Jun 12 Idrees Textile Mills Limited(IDRT)	50.10 ▼ -5.57 (-10.01%)
Kohat Textile / Jun 12 Kohat Textile Mills Limited(KOHTM)	121.46 ▼ -13.49 (-10%)
Pak Agro Pack. (GEM) / Jun 12 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9.45 ▼ -1 (-9.57%)
Pak Qatar Family / Jun 12 Pak Qatar Family Takaful Limited(PAKQATAR)	22.19 ▼ -2.28 (-9.32%)
ARM Green Industries / Jun 12 ARM Green Industries Limited(ARMG)	46.40 ▼ -4.77 (-9.32%)
Power Cem(Pref) / Jun 12 Power Cement (Pref)(POWERPS)	23.80 ▼ -2.36 (-9.02%)
East West Ins. / Jun 12 East West Insurance Company Limited(EWIC)	48.54 ▼ -4.42 (-8.35%)
Unicap Modaraba / Jun 12 Unicap Modaraba(UCAPM)	5.20 ▼ -0.45 (-7.96%)
Pak Qatar Gen.Takaful / Jun 12 Pak Qatar General Takaful Limited(PQGTL)	15.42 ▼ -1.33 (-7.94%)
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	20.42 ▼ -1.72 (-7.77%)

Stock	Volume
Kohinoor Spinning / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	57,747,470 ▲ 0.15
B.O.Punjab / Jun 12 The Bank of Punjab(BOP)	52,924,034 ▲ 0.93
Sitara Petroleum Service / Jun 12 Sitara Petroleum Service Limited(SPSL)	52,648,271 ▲ 0.45
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	40,511,471 ▲ 0
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	35,896,472 ▲ 4.01
Oilboy Energy / Jun 12 Oilboy Energy Limited(OBOY)	33,427,696 ▼ -1.72
F. Nat.Equities / Jun 12 First National Equities Limited(FNEL)	28,855,016 ▼ -0.02
TPL Corp Ltd / Jun 12 TPL Corp Limited(TPL)	25,681,007 ▼ -0.82
Pak Int.Bulk / Jun 12 Pakistan International Bulk Terminal(PIBTL)	24,755,100 ▲ 0.24
Waves Home Appliances / Jun 12 Waves Home Appliances Limited(WAVESAPP)	20,120,122 ▲ 0.31

Treasury Secretary

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