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US Labor Department

US weekly jobless claims fall to level last seen in Sept 2022

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week to the lowest level...

Published 18 Jan, 2024 06:51pm

Markets

Wall Street drops as inflation data dulls rate-cut hopes

NEW YORK: Wall Street’s main indexes fell in choppy trading on Thursday after a hotter-than-expected inflation...

Published 12 Jan, 2024 03:06am

Markets

Tokyo markets end sharply higher

TOKYO: Tokyo stocks ended sharply higher on Wednesday supported by gains in US high-tech shares as investors ...

Published 07 Dec, 2023 04:35am

Markets

Wall St climbs with focus on inflation data, Fed decision

NEW YORK: Wall Street’s main indexes rose on Monday, extending a recent rally, as investors awaited inflation data...

Published 13 Jun, 2023 06:00am

Business & Finance

Dollar pares gains, Fed meeting in focus

NEW YORK: The dollar pared gains on Tuesday after data showed that US job openings fell in March while factory ...

Published 03 May, 2023 06:35am

Markets

Dollar loses steam as cooling inflation raises Fed pause expectation

SINGAPORE: The US dollar languished near a two-month low against major peers on Friday while the euro flirted with a...

Published 14 Apr, 2023 10:05am

Markets

Wall St slips as economic data fuel rate hike worries

NEW YORK: US main stock indexes slipped on Thursday after unexpectedly strong inflation data and a fall in weekly...

Published 17 Feb, 2023 06:53am

Markets

European shares pare early gains as US inflation data feed rate hike jitters

PARIS: European stocks ended modestly higher on Tuesday following upbeat corporate updates but pared most early ...

Published 15 Feb, 2023 06:27am

Business & Finance

Dollar pares gains on falling US labour costs

NEW YORK: The dollar gave up gains made earlier on Tuesday after data showed US labour costs increased less than...

Published 01 Feb, 2023 07:24am

Markets

Banks, homebuilders push FTSE 100 higher

LONDON: UK’s FTSE 100 closed higher on Thursday with banks and homebuilders among top gainers, while data showing ...

Published 13 Jan, 2023 06:05am

Markets

Oil steadies after biggest start of the year drop in decades

LONDON: Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in...

Updated 05 Jan, 2023 08:15pm

Business & Finance

US job growth strong in Nov

WASHINGTON: US employers hired more workers than expected in November and increased wages despite mounting worries ...

Published 05 Dec, 2022 06:56am

Markets

Gold falls

NEW YORK: Gold prices dropped on Thursday, pressured by strength in the dollar and Treasury yields, while investors...

Published 07 Oct, 2022 05:59am

Business & Finance

‘Nothing to suggest’ US will have a recession: Yellen

NEW YORK: The United States is unlikely to suffer an economic downturn, despite sky-high inflation, US Treasury...

Published 11 Jun, 2022 06:13am

Markets

Abu Dhabi leads Gulf bourses lower; Aramco surpasses Apple

DUBAI: Abu Dhabi led Middle East stock markets lower on Thursday as fears grew that fast-rising inflation will drive...

Published 13 May, 2022 05:59am

Opinion

Inflation fears, Biden antitrust efforts could doom Sanderson, Wayne chicken deal

A plan hatched by Cargill Inc and Continental Grain Co to combine two big chicken processors - Sanderson Farms and...

Published 01 Feb, 2022 04:07am

Business & Finance

US consumer prices post biggest rise in nearly 40 years; inflation close to peaking

WASHINGTON: US consumer prices increased solidly in December as rental accommodation and used cars maintained their...

Published 13 Jan, 2022 07:17am

Markets

European stocks log best week in two months

LONDON: European stocks ended a volatile session lower on Friday as investors digested data showing slowing jobs...

Published 09 Oct, 2021 04:10am

Business & Finance

US asks Mexico to investigate second case of union busting

If so, a joint statement from the ministries of Economy and Labor said they will seek to reach "a path of reparations" with its US counterparts.

Published 10 Jun, 2021 09:49am

Markets

Gold edges lower as dollar firms; focus on US economic data

Fed officials, led by Chair Jerome Powell, have said repeatedly they expect price pressures to be transitory and monetary stimulus to stay in place for some time.

Published 03 Jun, 2021 12:02pm

Markets

Oil prices gain 1pc

NEW YORK: Oil prices rose one percent on Thursday, bolstered by strong US economic data that offset investors’...

Published 28 May, 2021 04:08am

Markets

Yields dip after CPI data, J&J vaccine pause

The 10-year yield was last down 2.1 basis points at 1.6552%, holding below a 14-month high of 1.776% reached on March 30.
"We've had yields run up a ton on expectations that inflation is going to be going to the moon ... but (the data) doesn't show any signs of getting completely out of control, at least not yet," he said.

Published 13 Apr, 2021 07:56pm

Markets

Tech rally leads S&P to record high as Treasury yields dip, dollar softens

US crude fell 0.28% to settle at $59.60 per barrel, while Brent settled at $63.20 per barrel, up 0.06% on the day.

Published 09 Apr, 2021 09:38am

Markets

Canadian dollar strengthens as risk appetite climbs

Canadian dollar strengthens 0.4% against the greenback.
Loonie trades in a range of 1.2525 to 1.2594.
Price of US oil falls 1.8%.
Canadian bond yields rise across a steeper curve.

Published 05 Apr, 2021 08:18pm

Markets

Wall Street set to end pandemic year on strong note

S&P 500 set for over 15% gain on stimulus, vaccine support.
Weekly jobless claims fall for second straight week.
Indexes: Dow up 0.03%, S&P up 0.10%, Nasdaq down 0.04%.

Published 31 Dec, 2020 08:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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