Trends - US Treasury Secretary

US Treasury Secretary

APPEC: G7 oil price cap effective in cutting Russian revenue

SINGAPORE: The Group of Seven’s price cap on Russian oil is still effective in limiting Russia’s revenue and oil...

Published 04 Sep, 2023 03:14pm

World

Yellen to attend India G20 summit, focus on economy, climate, Ukraine: US Treasury

WASHINGTON: US Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit ...

Published 01 Sep, 2023 03:57am

World

Biden signs order to ban certain tech investments in China

NEW YORK: President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain US...

Published 10 Aug, 2023 04:24am

World

Biden spending freeze plan would save $1 trillion: Treasury

WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...

Published 24 May, 2023 09:20pm

World

Yellen expects US regulators to be open to mergers among midsize banks

NIIGATA: The current banking environment and pressures on earnings of some U.S. regional banks may lead to some...

Published 13 May, 2023 10:00am

World

Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown

NIIGATA: Treasury Secretary Janet Yellen on Saturday called the showdown over raising the U.S. debt ceiling “more...

Published 13 May, 2023 09:47am

Markets

Yellen: Still some uncertainty about when Treasury will run out of cash

NIIGATA: Treasury Secretary Janet Yellen said there is still uncertainty about exactly when Treasury will run out of...

Published 12 May, 2023 01:51pm

Yellen warns of ‘chaos’ if US fails to raise debt ceiling

WASHINGTON: US Treasury Secretary Janet Yellen warned Sunday that unless Congress acts soon to raise the nation’s...

Updated 08 May, 2023 09:00am

Business & Finance

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 17 Apr, 2023 06:41am

World

Yellen urges further World Bank reforms this year

WASHINGTON: The World Bank should take on added reform measures over the rest of this year, US Treasury Secretary...

Published 12 Apr, 2023 06:50pm

World

Yellen downplays recession fears, expects US economy to grow

WASHINGTON: US Treasury Secretary Janet Yellen expects the world’s biggest economy will continue to grow, despite...

Published 08 Apr, 2023 11:09am

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

World

Yellen, G7 urge renewed aid for Ukraine

BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for...

Published 24 Feb, 2023 06:00am

World

Yellen says she discussed Russia sanctions in every stop on Africa tour

EMALAHLENI: US Treasury Secretary Janet Yellen said she had discussed economic sanctions on Russia over its invasion...

Published 27 Jan, 2023 06:12pm

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 23 Jan, 2023 08:13am

World

Yellen, at former slave port, sees path of renewal for Africa and US

GOREE ISLAND: US Treasury Secretary Janet Yellen on Saturday spoke of the “unspeakable cruelty” and enduring...

Published 21 Jan, 2023 04:03pm

Business & Finance

Yellen says a US default could cause global financial crisis

DAKAR/WASHINGTON: US Treasury Secretary Janet Yellen said on Friday that a potential US default could cause a global...

Published 21 Jan, 2023 06:41am

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 20 Jan, 2023 06:47pm

Business & Finance

US hits debt ceiling amid standoff between Republicans, Democrats

WASHINGTON: The US government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the...

Published 20 Jan, 2023 06:10am

World

US starts ‘extraordinary measures’ to avert debt default: Treasury

WASHINGTON: The US Treasury began taking measures Thursday to prevent a default on government debt, as Congress...

Published 19 Jan, 2023 08:40pm

World

Yellen planning trip to China soon: US

ZURICH: US Treasury Secretary Janet Yellen, who held her first face-to-face meeting with her Chinese counterpart...

Published 19 Jan, 2023 07:07am

World

US Treasury’s Yellen, China’s Liu to meet in Zurich for first in-person talks

ZURICH: US Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Zurich on Wednesday for frank...

Published 18 Jan, 2023 11:25am

Opinion

Non-austerity policy needed for resilient, inclusive, sustainable growth

The world is fast entering deep recesses of environmental, public health, and economic crises. Virtually, over the...

Published 02 Dec, 2022 05:47am

Markets

Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in US stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,...

Published 01 Dec, 2022 11:20am

Business & Finance

Yellen says crypto-currencies need regulation

NEW YORK: US Treasury Secretary Janet Yellen on Wednesday said recent turmoil in the cryptocurrency market has not...

Published 01 Dec, 2022 07:06am

Business & Finance

Yellen seeks stability in first meeting with China

NUSA DUA: US Treasury Secretary Janet Yellen on Wednesday sought to stabilise ties between the world’s two largest...

Published 16 Nov, 2022 12:42pm

World

Yellen believes sanctions on Russia could extend beyond Ukraine war’s end

NEW YORK: US Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any...

Published 14 Nov, 2022 07:15am

Markets

Yellen to seek clarity from China on COVID, property

NUSA DUA: US Treasury Secretary Janet Yellen will seek clarity on China’s plans to ease its COVID-19 restrictions...

Published 13 Nov, 2022 11:38am

India’s IPEF membership will boost region: Yellen

NOIDA, (India): India’s membership in the Indo-Pacific Economic Framework (IPEF) will make supply chains resilient...

Updated 12 Nov, 2022 09:35am

World

Yellen calls on G20 to boost aid for food insecurity, offers debt freeze

WASHINGTON: U.S. Treasury Secretary Janet Yellen urged Group of 20 finance and agriculture ministers on Tuesday to...

Published 11 Oct, 2022 05:55pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.00
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.00
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▲ 0.00
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.00
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.00
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.00
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	18,687,005 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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US Treasury Secretary

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