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US central bank

Oil benchmark Brent above $84 on perky US, China demand signals

LONDON: Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in...

Updated 10 May, 2024 11:57pm

Business & Finance

US Fed likely to keep rates steady as hopes of early cuts fade

WASHINGTON: The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday,...

Updated 01 May, 2024 07:51pm

Markets

Gold prices slip

BENGALURU: Gold prices slipped more than 1% to a one-week low on Tuesday due to an uptick in the dollar and US...

Published 01 May, 2024 04:14am

Business & Finance

US Fed’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON: The US central bank’s favored measure of inflation edged higher last month on the back of rising fuel...

Published 30 Mar, 2024 06:53am

Markets

Rising US yields, record state debt sale to nudge Indian bond yields up

MUMBAI: Indian government bond yields are expected to rise at the start of the week, tracking the rise in US...

Published 18 Mar, 2024 10:06am

Business & Finance

Canadian dollar extends weekly decline

TORONTO: The Canadian dollar weakened to a nine-day low against its US counterpart on Friday as long-term borrowing...

Published 18 Mar, 2024 04:56am

Markets

Dollar firm with eyes on PCE data, kiwi calm before RBNZ decision

TOKYO: The US dollar held steady as traders brushed off durable goods data overnight and awaited the Federal...

Published 28 Feb, 2024 09:53am

Business & Finance

Dollar mixed in tight trading range

NEW YORK: The dollar edged lower against the euro and higher against the yen on Tuesday, but failed to find strong...

Published 31 Jan, 2024 05:22am

Business & Finance

Most Asian currencies subdued

BENGALURU: Most emerging Asian currencies were subdued on Monday as the Federal Reserve-fuelled risk rally faded...

Published 19 Dec, 2023 05:20am

Markets

S&P 500, Dow ease as Fed official’s comments dampen rate-cut cheer

NEW YORK: The S&P 500 and the Dow were subdued in choppy trading on Friday after comments from a policy maker...

Published 16 Dec, 2023 05:49am

Business & Finance

US Fed poised to keep rates unchanged as it opens key meeting

WASHINGTON: The US central bank opened a key policy meeting Tuesday, with officials widely expected to hold interest...

Published 31 Oct, 2023 07:50pm

Business & Finance

Fed may pause again with rates at 22-year high

WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as...

Updated 30 Oct, 2023 08:50am

Markets

Nasdaq rises as long-term Treasury yields retreat

NEW YORK: The Nasdaq rose on Wednesday as easing long-term US Treasury yields boosted megacap stocks, while ...

Published 12 Oct, 2023 05:57am

Markets

China’s yuan slips past key threshold after Fed’s hawkish rate pause

SHANGHAI: China’s yuan slipped to a more than one-week low against a strengthening dollar and breached a key...

Published 21 Sep, 2023 10:44am

Markets

Asian currencies drop after US dollar gains on hawkish Fed (.)

Asian currencies fell on Thursday as capital outflows and the US Federal Reserve’s hawkish stance on monetary policy...

Published 21 Sep, 2023 10:38am

Markets

Yen worries increase as dollar strengthens after Fed

TOKYO: The dollar hit fresh peaks on Thursday, sitting around its highest against the yen since November after a...

Published 21 Sep, 2023 09:43am

Markets

Copper rally loses steam after Powell says higher rates may be needed

LONDON: Copper prices in London reversed earlier gains on Friday after US Federal Reserve Chair Jerome Powell said...

Published 28 Aug, 2023 06:27am

Business & Finance

More rate hikes ‘likely’ needed to lower inflation: Fed official

WASHINGTON: A US central bank official said Saturday that more interest rate hikes “will likely be needed” to bring...

Published 05 Aug, 2023 09:26pm

Business & Finance

Moderate US economic growth expected in second quarter

WASHINGTON: The US economy likely maintained a moderate pace of growth in the second quarter as labor market...

Published 27 Jul, 2023 10:23am

Markets

Wall St kicks off week higher ahead of inflation numbers

NEW YORK: Wall Street’s main indexes rose on Monday, recovering losses from last week, as investors looked ahead ...

Published 11 Jul, 2023 06:08am

Business & Finance

Fed leaves rates steady, sees two small hikes by end of 2023

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections...

Published 15 Jun, 2023 06:03am

Markets

Copper drifts higher on possible Fed pause

LONDON: Copper prices edged up on Thursday after the US central bank signalled a pause on rate hikes, but gains were...

Published 05 May, 2023 06:44am

Markets

PNC, JPM, Citizens among final bidders in First Republic auction

PNC Financial Services Group, JPMorgan Chase & Co and Citizens Financial Group Inc were among banks that...

Published 01 May, 2023 10:21am

Fed expected to hike again despite signs of slowing economy

WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth — and possibly...

Updated 01 May, 2023 08:57am

World

Fed’s Bullard discounts recession talk, favors more rate hikes

ST. LOUIS: The U.S. central bank should continue raising interest rates on the back of recent data showing inflation...

Published 18 Apr, 2023 06:09pm

World

US home sales bounce in February, ending 12-month slide

WASHINGTON: Sales of existing homes in the United States made their biggest monthly jump since 2020 in February,...

Published 21 Mar, 2023 07:33pm

Markets

Dollar buoyant as robust US data keep Fed hawks in control

SINGAPORE: The dollar was on the front foot on Monday, supported by a strong run of economic data out of the United...

Published 20 Feb, 2023 08:57am

Business & Finance

US inflation eases in January but kept high on rent and energy costs

WASHINGTON: Rising rent and a gasoline price rebound helped keep US consumer prices elevated in January, according ...

Published 15 Feb, 2023 06:27am

Business & Finance

Rental costs, gasoline prices behind January US inflation: analysts

WASHINGTON: Rising rents, a gasoline price rebound and vehicle costs helped keep US inflation elevated in January,...

Published 14 Feb, 2023 10:58am

Markets

Oil surges over 3pc as Fed’s Powell eases rate hike concerns

NEW YORK: Oil prices climbed more than 3% on Tuesday after the head of the US central bank eased market concerns ...

Published 08 Feb, 2023 06:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	278.73
USD PKR Interbank Buying / Jun 13	278.53
USD to Japanese Yen / Jun 14	157.92
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.27
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,433.74
India Sensex / Jun 14	76,901.63
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,667.56
Hang Seng / Jun 14	18,017.18
FTSE 100 / Jun 14	8,140.39
Dow Jones / Jun 14	38,647.10
Germany DAX 30 / Jun 14	18,104.26

Item	Value
Petrol/Litre / Jun 14	268.36
Crude Oil USD/Barrel / Jun 14	78.04
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	206,361
Gold Spot USD/Ounce / Jun 14	2,311.36
Diesel/Litre / Jun 14	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 14 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 14 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 14 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 14 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 14 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 14 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 14 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 14 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 14 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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