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US Federal Reserve

Fed begins crucial rate talks amid ongoing bank concerns

WASHINGTON: Federal Reserve members kicked off two days of crucial interest rate talks on Tuesday, as the US central...

Published 21 Mar, 2023 08:04pm

Markets

Indian bond yields rise ahead of state debt sale, Fed decision key

MUMBAI: Indian government bond yields were up on Tuesday hours ahead of an auction of bonds by states to raise the...

Published 21 Mar, 2023 11:13am

Markets

Australian shares jump 1% as banking crisis worries ease

Australian shares jumped 1% on Tuesday tracking global equities, with miners and financials leading gains, as active...

Published 21 Mar, 2023 10:15am

Markets

Bank of England receives no bids in new daily dollar repo operation

LONDON: The Bank of England said it received no bids for dollar liquidity at a first daily seven-day repo operation...

Published 20 Mar, 2023 03:38pm

Markets

US regulator sells failed Signature Bank assets to another lender

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

Published 20 Mar, 2023 12:04pm

Markets

Indian bond yields dip tracking US peers; Fed meet eyed

MUMBAI: Indian government bond yields were marginally lower on Monday, mirroring US peers, while the rescue of a...

Published 20 Mar, 2023 10:47am

Markets

Oil hits lowest since 2021 on banking fears

LONDON: Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector...

Updated 20 Mar, 2023 05:14pm

Business & Finance

Fed to balance banking woes, inflation in this rate decision

WASHINGTON: US central bankers face an unenviable task when they gather in Washington this week: tackling persistent...

Published 20 Mar, 2023 06:12am

Markets

US Fed to balance banking woes, inflation in next rate decision

WASHINGTON: US central bankers face an unenviable task when they gather in Washington next week: tackling persistent...

Updated 19 Mar, 2023 12:19pm

Markets

Most Asian currencies clock weekly gains on a weak dollar after banks rescue

Southeast Asian currencies logged weekly highs on Friday against a weak dollar after multi-billion dollar lifelines...

Published 17 Mar, 2023 12:29pm

Markets

Wall Street giants move to rescue First Republic Bank

NEW YORK: America’s largest banks moved Thursday to shore up First Republic, easing fears that the regional lender...

Published 17 Mar, 2023 11:34am

Markets

Indian bond yields track US peers higher as Fed rate hike bets rise

MUMBAI: Indian government bond yields rose in the early session on Friday, mirroring a similar move in US yields, as...

Published 17 Mar, 2023 10:55am

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

Markets

Euro rises, dollar falls after ECB rate decision

NEW YORK: The dollar fell and the euro rose on Thursday after the European Central Bank raised interest rates as...

Published 17 Mar, 2023 06:16am

Business & Finance

US banking system ‘remains sound’: Yellen

WASHINGTON: The US banking system “remains sound” despite market anxiety over the collapse of Silicon Valley Bank...

Published 16 Mar, 2023 05:07pm

World

Futures price toss up on likelihood of Fed rate hike next week

Traders of futures tied to the Federal Reserve’s policy rate have dialed back their bets the U.S. central bank will...

Published 15 Mar, 2023 06:59pm

Markets

SVB caretaker urges depositors to come back

NEW YORK: The head of Silicon Valley Bridge Bank, created by US regulators to succeed Silicon Valley Bank after it...

Updated 15 Mar, 2023 06:17pm

Markets

Oil declines to 9-week low on inflation worries

NEW YORK: Oil prices dropped about 3% to a nine-week low on Tuesday after a US inflation report and the recent US...

Published 15 Mar, 2023 06:01am

Markets

Dollar sags as US banks’ collapse have markets wagering on no Fed hike

SINGAPORE: The dollar languished near a multi-week low on Tuesday as fears of a broader systemic crisis following...

Published 14 Mar, 2023 10:18am

Markets

Wall St rises in choppy trade as markets weigh bank contagion risks

NEW YORK: US stock indexes rose in choppy trading on Monday as investors weighed a possible pause in interest rate...

Published 14 Mar, 2023 03:18am

Markets

Indian shares hit 5-month low on sell-off in financial stocks

BENGALURU: Indian shares fell to a five-month low on Monday, dragged by a sell-off in financial stocks, as the...

Published 14 Mar, 2023 03:18am

Markets

Gold, silver soar as SVB disaster spurs flight to safety

NEW YORK: Gold and silver prices surged on Monday, as their safe-haven appeal drew in investors spooked by the...

Published 14 Mar, 2023 03:18am

Markets

Thai baht climbs as Asian currencies gain on weak US dollar

The Thai baht rose sharply on Monday, leading strengthening Asian emerging currencies as the US dollar slid amid the...

Published 13 Mar, 2023 10:18am

Markets

US Federal Reserve governors to hold closed-door Monday

The US Federal Reserve said it will hold a closed-door meeting of its board of governors under expedited procedures...

Published 12 Mar, 2023 01:00pm

Markets

Japanese rubber futures fall

SINGAPORE: Japanese rubber futures fell first weekly drop in three, as traders assessed a slowing growth rate in...

Published 12 Mar, 2023 05:55am

World

Fed seen on shallower rate path as wage gains cool

The Federal Reserve may have less reason to raise interest rates as sharply or as high as earlier thought after a...

Published 10 Mar, 2023 09:52pm

World

Slower, but still solid US job growth expected in February

WASHINGTON: US job growth likely slowed to a still-solid pace in February, with the unemployment rate expected to...

Published 10 Mar, 2023 12:43pm

Opinion

Understanding austerity

There is a general confusion in Pakistan, whereby austerity policies are taken as belt-tightening in terms of...

Published 10 Mar, 2023 03:46am

World

US job cuts over Jan-Feb hit highest since 2009: report

Layoffs by US companies over January and February touched the highest since 2009, with the tech sector accounting...

Published 09 Mar, 2023 05:48pm

Opinion

Has US shot the dollar in the foot?

Who could’ve known that one of the unintended consequences of the Ukraine war would be the first signs of a shift...

Published 09 Mar, 2023 06:23am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 22 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 22 Al-Abbas Sugar Mills Limited(AABS)	393.99 ▼ 0.00 (0.00%)
Agro Allianz / Mar 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 22 Allied Bank Limited(ABL)	63.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 22 Abbott Laboratories (Pakistan) Limited(ABOT)	400.12 ▼ 0.00 (0.00%)
Abson Ind. / Mar 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 22 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 22 Attock Cement Pakistan Limited(ACPL)	59.01 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 22 786 Investments Limited(786)	4.90 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 22 Al-Abbas Sugar Mills Limited(AABS)	393.99 ▲ 0.00 (0.00%)
Agro Allianz / Mar 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 22 Allied Bank Limited(ABL)	63.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 22 Abbott Laboratories (Pakistan) Limited(ABOT)	400.12 ▲ 0.00 (0.00%)
Abson Ind. / Mar 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 22 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 22 Attock Cement Pakistan Limited(ACPL)	59.01 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.00
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▲ 0.00
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▲ 0.00
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▲ 0.00
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.00
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	4,452,500 ▲ 0.00
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▲ 0.00
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.00
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.00
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 21	285.40
USD PKR Interbank Buying / Mar 21	283.90
USD to Japanese Yen / Mar 21	132.38
USD to Swiss Franc / Mar 21	0.92
Pound Sterling to USD / Mar 21	1.22
Euro to USD / Mar 21	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
India Sensex / Mar 21	58074.68
Tokyo Nikkei / Mar 21	26945.67
Nasdaq / Mar 21	11860.11
Hang Seng / Mar 21	19258.76
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91

Item	Value
Crude Oil USD/Barrel / Mar 21	69.33
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Gold Spot USD/Ounce / Mar 21	1943.10
Cotton US¢/pound / Mar 21	77.85

US Federal Reserve

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