Trends - US Treasury Secretary

US Treasury Secretary

US Treasury Secretary warns China over its stance on Russia

WASHINGTON: US Treasury Secretary Janet Yellen warned China on Wednesday that its lack of participation in the...

Published 13 Apr, 2022 08:40pm

World

US Treasury Secretary wants to ‘modernize’ global financial organizations

WASHINGTON: The US Treasury Secretary is to call Wednesday to reform the world’s major economic institutions, saying...

Published 13 Apr, 2022 04:00pm

Markets

US Treasury secretary calls for improved cryptocurrency rules

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday called for increased oversight of cryptocurrencies, after...

Updated 07 Apr, 2022 10:20pm

World

Treasury’s Yellen says US will not be in G20 meetings if Russia is present

US Treasury Secretary Janet Yellen on Wednesday said the United States will not participate in “a number of...

Published 06 Apr, 2022 09:40pm

Markets

US Treasury yield curve flattens to near 2-year lows on hawkish Fed

The US Treasury yield curve flattened to within touching distance of a two-year low on Thursday after the Federal...

Published 17 Mar, 2022 03:23pm

Markets

Yellen says US will address potential gaps in Russia sanctions

CHICAGO: The United States will address potential gaps in tough sanctions imposed on Russia over its invasion of...

Published 03 Mar, 2022 12:28pm

Markets

Yellen acknowledges 'some global fallout' from any Russia sanctions

WASHINGTON: US Treasury Secretary Janet Yellen says "some global fallout" would result if the West moves ahead with...

Published 17 Feb, 2022 10:25am

Opinion

Biden’s democracy summit

One thing which emerged promising for the developing countries out of the “Democracy Summit” recently hosted by...

Published 18 Dec, 2021 04:33am

Markets

Monthly US inflation to return to 0.2-0.3 pct in second half of 2022: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Monday she expects current record-high inflation to ease, with...

Published 23 Nov, 2021 09:44am

World

G20 only a few billion short of $100bn climate pledge: Yellen

DUBLIN: US Treasury Secretary Janet Yellen said the Group of 20 rich nations was just "a few billion dollars short"...

Published 02 Nov, 2021 05:20am

Business & Finance

Yellen says reciprocal lowering of tariffs could help ease inflation

WASHINGTON: US Treasury Secretary Janet Yellen said the United States expected China to meet its commitments under...

Published 01 Nov, 2021 10:39am

G20 leaders approve global tax but wrangle over climate

ROME: Leaders of the G20 world’s major economies approved a global minimum tax on the largest companies on...

Published 31 Oct, 2021 03:38am

World

China's Liu, US Treasury's Yellen hold 'candid' call on trade

BEIJING: China's Vice Premier Liu He held a call with US Treasury Secretary Janet Yellen Tuesday to discuss trade...

Published 27 Oct, 2021 04:50am

Yellen says US is not losing control of inflation

WASHINGTON: US Treasury Secretary Janet Yellen said on Sunday that the United States was not losing control of...

Published 25 Oct, 2021 05:45am

Markets

Yellen urges Congress to raise debt limit to avoid financial crisis

In an editorial published in the Wall Street Journal, Yellen points out that the United States has always raised the debt ceiling before exceeding its limit

Published 20 Sep, 2021 10:18am

World

Yellen urges EU to spend more, reject austerity

BRUSSELS: US Treasury Secretary Janet Yellen on Monday urged EU member states to reject austerity and take further...

Published 13 Jul, 2021 03:22am

World

Yellen urges EU to back global tax deal, consider more fiscal support

"We need sustainable sources of revenue that do not rely on further taxing workers' wages and exacerbating the economic disparities that we are all committed to reducing," Yellen said.
"We need to put an end to corporations shifting capital income to low tax jurisdictions, and to accounting gimmicks that allow them to avoid paying their fair share."

Published 12 Jul, 2021 06:24pm

Business & Finance

Multinationals tax shift unlikely until 2022, says Yellen

VENICE: US Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to...

Published 12 Jul, 2021 05:26am

Markets

US's Yellen says tax changes for large firms may not be ready until 2022

Yellen told a news conference after a G20 finance leaders meeting in Venice in Italy that the OECD

Published 11 Jul, 2021 01:49pm

G20 endorses historic global tax reform

VENICE: G20 finance ministers on Saturday gave their backing to a historic deal to overhaul the way multinational...

Published 11 Jul, 2021 05:54am

World

Yellen says will try to address concerns of tax deal holdout countries

We'll be trying to do that, but I should emphasise it's not essential that every country be on board, says US Treasury Secretary

Published 10 Jul, 2021 06:02pm

Markets

Shanghai copper eases on US tightening worries, softer Chinese demand

Higher interest rates could reduce money supply and potentially prompt investors to pull back from riskier assets such as metals.

Published 08 Jun, 2021 11:01am

Markets

Stocks rise after Yellen rate comments, G7 tax plan

US oil prices briefly topped $70 per barrel for the first time in 2.5 years as the pandemic-hit global economy pushes on with its recovery.

Published 07 Jun, 2021 04:57pm

G7 strikes ‘historic’ agreement over global corporate tax

LONDON: Finance ministers from wealthy G7 nations on Saturday endorsed a global minimum corporate tax rate of at...

Published 06 Jun, 2021 02:56am

World

Yellen calls for standardized measurements on green investments

Environmental, social and governance (ESG) fund assets have grown from $10 billion in 2015 to $246 billion in March 2021, she said.

Published 03 Jun, 2021 05:03pm

Markets

US Treasury floats global corporate tax of at least 15%

It proposed the global minimum tax as a way to minimize the impact of a higher US tax rate on the competitiveness of American companies and deter them from shifting operations or profits to lower-tax jurisdictions.

Published 21 May, 2021 02:06pm

Business & Finance

Yellen tamps down inflation fears over Biden spending plan

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden’s plans for...

Published 03 May, 2021 04:39am

World

Major economies should inject 'significant' support for global economy: Yellen

She urged the World Bank to support developing countries and ensure they get timely access to COVID-19 vaccines, and said the United States supported accelerated negotiation to replenish the World Bank's International Development Association fund for the poorest countries.

Published 08 Apr, 2021 06:44pm

World

Yellen pushes countries to 'give up the game' on corporate taxes

"In a typical year, around 200 companies report net income of $2 billion or more," the US Treasury said.

Updated 08 Apr, 2021 04:57pm

World

US pushing G20 for global minimum corporate tax: Yellen

WASHINGTON: The United States is pushing in the G20 to adopt a global minimum corporate tax to stem the erosion of...

Published 06 Apr, 2021 04:23am

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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US Treasury Secretary

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