Topic

Treasury Secretary

How a billion-dollar sanctions dodge kept Chinese goods flowing to Iran

Published 10 Sep, 2026 01:11pm

Washington has intensified the pressure as it tries to resolve its war with Iran and reopen the Strait of Hormuz

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 / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Treasury Secretary

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