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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,597
3124hr
Pakistan Cases
1,240,425
1,75724hr
3.61% positivity
Sindh
455,808
Punjab
429,081
Balochistan
32,861
Islamabad
105,120
KPK
173,210

US central bank

Gold jumps
Markets

Gold jumps

NEW YORK: Gold bounced nearly 1% on Friday after Federal Reserve Chair Jerome Powell stopped short of signaling when...
Published 28 Aug, 2021 03:54am
Gold steadies in Europe
Markets

Gold steadies in Europe

AMSTERDAM/ LONDON: Gold prices steadied near recent highs on Wednesday, underpinned by concerns over the spread of...
Published 19 Aug, 2021 04:15am
Dollar edges higher before Powell; Bitcoin drops
Markets

Dollar edges higher before Powell; Bitcoin drops

  • The dollar index gained 0.11% to 91.998, but is holding below a two-month high of 92.408 reached on Friday.
  • The euro fell 0.09% to $1.1906 and the dollar gained 0.30% to 110.69 Japanese yen.
Published 22 Jun, 2021 07:16pm
Dollar dips after Fed rally, Bitcoin slumps
Markets

Dollar dips after Fed rally, Bitcoin slumps

  • The dollar index against a basket of currencies was last down 0.26% on the day at 92.013. The euro gained 0.27% to $1.1901 and the greenback gained 0.05% to 110.30 Japanese yen.
  • The British pound gained 0.69% to $1.3885.
Published 21 Jun, 2021 08:33pm
European shares slip
Markets

European shares slip

AMSTERDAM/LONDON: European shares fell from record highs on Thursday, tracking declines on Wall Street after the...
Published 18 Jun, 2021 04:16am
Fed signals rate hikes for 2023
Print

Fed signals rate hikes for 2023

WASHINGTON: The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest...
Published 17 Jun, 2021 03:27am
Yields rise from three-month lows before Fed meeting
Business & Finance

Yields rise from three-month lows before Fed meeting

  • The Fed is not expected to announce any plans to pare its bond purchases until its August Jackson Hole economic symposium, though it may start dropping hints that it has started to talk about a taper.
  • "This rally in rates seems very counterintuitive. I still haven't found a very strong case besides perhaps the offset of positioning, people are getting out of trades ahead of the FOMC," Rajappa said.
Published 14 Jun, 2021 07:29pm
Tokyo stocks open lower extending US falls
Markets

Tokyo stocks open lower extending US falls

  • Takeda Pharmaceutical was up 0.16 percent at 3,774 yen after reports said Japanese authorities will likely this week approve the use of Moderna Covid-19 vaccines, which the Japanese firm will import.
Published 20 May, 2021 10:08am
Gold surges in Europe
Markets

Gold surges in Europe

AMSTERDAM/LONDON: Gold prices hit a three-month high on Monday after last week’s miss on the US jobs growth ...
Published 11 May, 2021 04:39am