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US inflation

Fed keeps policy rate outlook intact

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank...

Published 20 Mar, 2025 05:30am

World

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Federal Reserve leaves policy rate in 4.25%-4.50% range

Published 19 Mar, 2025 11:21pm

Markets

Dollar bounces on rise in yields as trade war roils markets

SINGAPORE: The dollar rebounded slightly on Thursday thanks to a rise in US Treasury yields, though currencies...

Published 13 Mar, 2025 09:19am

Business & Finance

Dollar slips after inflation, consumer data

NEW YORK: The US dollar edged lower on Friday following two straight days of gains, after a reading on inflation was...

Published 01 Mar, 2025 06:28am

Markets

Over 9-year low: Inflation in Pakistan clocks in at 2.4% in January 2025

Pakistan’s headline inflation clocked in at 2.4% on a year-on-year basis in January 2025, a reading below that of...

Updated 03 Feb, 2025 10:44pm

World

Fed holds rates steady, drops reference to inflation ‘progress’ from policy statement

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and gave little insight into when further...

Published 30 Jan, 2025 12:23am

Business & Finance

Trump’s economic plans could cause inflation: IMF

WASHINGTON: Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief...

Published 18 Jan, 2025 05:45am

Markets

Gold hits one-month high

NEW YORK: Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core US...

Published 17 Jan, 2025 02:56am

Markets

Iron ore higher on lower shipments, softer dollar

BEIJING: Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a...

Published 17 Jan, 2025 02:56am

Markets

Corn, soybeans steady near multi-month highs

CANBERRA/PARIS: Chicago corn and soybean futures edged higher on Wednesday to trade near multi-month highs as...

Published 16 Jan, 2025 03:04am

Markets

Gold firms as dollar, yields slip; US inflation data looms

NEW YORK: Gold prices firmed on Wednesday as the US dollar and Treasury yields retreated, while market participants...

Published 16 Jan, 2025 03:04am

Business & Finance

Dollar rises towards highest in over 2 years, euro up, yen falls

NEW YORK: The dollar rose towards its highest level in more than two years on Tuesday as strong economic data led...

Published 15 Jan, 2025 02:59am

Markets

Wall St Week Ahead: Inflation report could rattle markets after bond yields climb

NEW YORK: US inflation data in the coming week could test the nerves of stock investors and further inflame worries...

Published 13 Jan, 2025 03:06am

Markets

Nikkei tracks Wall Street lower amid US inflation woes

TOKYO: Japan’s Nikkei share average fell on Wednesday, tracking overnight declines in Wall Street after a batch of...

Published 09 Jan, 2025 07:40am

World

Inflation, elections and war dominated 2024

Inflation dropped in most economies around the world in 2024, but voters didn’t care. Angered by the hefty ramp-up...

Published 23 Dec, 2024 08:57am

Markets

Wall Street higher as cooling inflation eases rate-cut fears

NEW YORK: Wall Street’s main indexes jumped in volatile trading on Friday as a cooler-than-expected inflation...

Published 21 Dec, 2024 08:24am

World

US Fed cuts rate by quarter-point in third straight reduction

WASHINGTON: The US Federal Reserve cut interest rates by a quarter point Wednesday and signaled a slower pace of...

Published 19 Dec, 2024 12:13am

Business & Finance

Fed may cut rates in last meeting of Biden era

WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...

Published 16 Dec, 2024 06:08am

Business & Finance

US consumer inflation rises to 2.7% in November

WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, according to government data...

Published 11 Dec, 2024 08:41pm

Markets

Aussie drops after RBA softens tone; US dollar steady before CPI

TOKYO: The Australian dollar sank towards a four-month low on Tuesday after the central bank softened its tone on...

Published 10 Dec, 2024 09:50am

World

US inflation still on ‘bumpy’ path to target: Fed official

WASHINGTON: The US remains on track to hit its long-term target of two percent inflation despite a recent “bump” in...

Published 02 Dec, 2024 10:49pm

Business & Finance

Indonesia’s headline inflation eases to 1.55% in Nov

JAKARTA: Indonesia’s annual inflation rate was 1.55% in November, official data showed on Monday, easing from 1.71%...

Published 02 Dec, 2024 11:25am

Business & Finance

Fed’s favoured inflation gauge ticks up in October

WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last...

Published 28 Nov, 2024 05:45am

Markets

Gold trades in tight range ahead of US inflation data

Gold prices flitted within a narrow range on Wednesday as investors awaited key US inflation data for insights into...

Published 27 Nov, 2024 12:20pm

Markets

Dollar underpinned before US inflation data, Fed speakers

SYDNEY: The dollar edged higher on Monday as markets braced for US inflation data and a throng of Federal Reserve...

Published 11 Nov, 2024 10:08am

Markets

German 10-year yields hit fresh one-month high after Fed minutes, before data

German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal...

Published 10 Oct, 2024 11:54am

Markets

STOXX 600 closes higher with focus on interest rate cuts

PARIS: European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors...

Published 10 Oct, 2024 03:03am

Business & Finance

Indonesian inflation at 1.84% in September, lowest rate since 2021

JAKARTA: Indonesian prices rose at their slowest rate in almost three years in September as the pace of food-price...

Published 01 Oct, 2024 11:02am

World

US Fed Chair sees ‘further disinflation’ in economy

WASHINGTON: The United States is set to see inflation cool further towards policymakers’ target, Federal Reserve...

Published 01 Oct, 2024 12:23am

World

Fed cuts rates by half a percentage point, cites ‘greater confidence’ about inflation

Fed had held policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level that is now approaching the central bank's target

Updated 19 Sep, 2024 12:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Cotton US¢/pound / May 16	65.53
Petrol/Litre / May 17	252.63
Diesel/Litre / May 17	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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