Topic

US Federal Reserve Chair Jerome Powell

With the White House watching, Fed’s Powell to hint yes or no on rate cuts

Published 22 Aug, 2025 03:31pm

JACKSON HOLE: US Federal Reserve Chair Jerome Powell’s speech to the annual Jackson Hole economic conference on...

Trump says won’t remove Fed chair Powell before term ends in 2026, TV interview

Published 04 May, 2025 07:26pm

WASHINGTON: U.S. President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board Chairman...

US Treasury Secretary Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

Published 24 Apr, 2025 08:03am

WASHINGTON: US Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and...

China says ‘door open’ to trade talks after Trump signals tariffs will fall

Updated 23 Apr, 2025 08:43pm

BEIJING: China said on Wednesday the door was “wide open” for trade talks with Washington, a day after US President...

Dollar steady as traders brace for labour data deluge

Published 03 Sep, 2024 10:07am

SINGAPORE: The dollar held close to a two-week high against the yen and the euro on Tuesday as investors geared up...

Oil climbs $2/barrel

Published 24 Aug, 2024 06:23am

HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome...

India bond yields flat; investors eye inflation prints for cues

Published 10 Jul, 2024 10:25am

MUMBAI: Indian government bond yields did not react much to US Treasuries reversing some of their recent gains on...

Dollar firm on Powell caution, kiwi bides time before rates decision

Published 10 Jul, 2024 09:57am

TOKYO: The dollar was on the front foot on Wednesday having rebounded from a three-week low after Federal Reserve...

China’s yuan slumps to seven-month low on weaker guidance

Published 02 Jul, 2024 10:56am

SHANGHAI: China’s yuan slumped to a fresh seven-month low against the dollar on Tuesday, as the greenback...

Asian shares rise as US rate cut fever lingers, oil holds gains

Published 20 Dec, 2023 10:15am

SYDNEY: Asian shares tracked Wall Street higher on Wednesday as US rate cut fever lingered near the year’s end,...

London’s FTSE 100 fall as miners drag; ECB decision on tap

Published 04 May, 2023 12:48pm

London’s FTSE 100 fell on Thursday, with losses from miners dragging the commodity-heavy index down, while broader...

Tokyo shares close higher for fifth day

Updated 09 Mar, 2023 01:48pm

TOKYO: Tokyo stocks closed higher for a fifth straight day on Thursday, with investors taking heart from recent...

Australian shares flat as miners offset gains from banks

Published 09 Mar, 2023 10:28am

Australian shares struggled for direction on Thursday as mining stocks partially countered strength in banking and...

Gold lower in thin trading

Published 20 Dec, 2022 05:58am

NEW YORK: Gold prices inched lower on Monday as weakness in the US dollar countered rising yields on expectations of...

Indian shares rally for eighth day

Published 02 Dec, 2022 05:47am

BENGALURU: Indian shares extended their rally for eighth straight session on Thursday, after US Federal Reserve ...

Copper extends gains on China demand hopes

Published 02 Dec, 2022 05:47am

LONDON: Copper prices on Thursday added to gains from the previous session as investors bet that slower US interest...

Russian rouble slumps to near 5-month low vs euro

Published 02 Dec, 2022 05:47am

MOSCOW: The rouble dived on Thursday to a near five-month low against the euro and its lowest in almost seven weeks...

Benchmark yield eases to 7.25% as US peers fall after Fed comments

Published 01 Dec, 2022 12:31pm

MUMBAI: Indian government bond yields declined on Thursday, with the benchmark yield easing back to 7.25% levels,...

Oil buoyed by OPEC+ output speculation and easing China COVID curbs

Updated 01 Dec, 2022 06:50pm

LONDON: Oil rose about $1 a barrel on Thursday, supported by the potential for OPEC+ to cut supply further and as...

Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook

Published 04 Nov, 2022 09:59am

SINGAPORE: The dollar looked set to post its best week in over a month on Friday on expectations that US rates could...

ECB can’t just mirror Fed moves, Lagarde says

Published 03 Nov, 2022 03:18pm

FRANKFURT: The European Central Bank must be attentive to policy decisions by the US Federal Reserve, which...

Gold wallows in range as Fed’s Powell shoots down pivot hopes

Published 03 Nov, 2022 11:38am

Gold prices oscillated in a narrow range on Thursday, following a volatile session, after US Federal Reserve Chair...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

US Federal Reserve Chair Jerome Powell

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