News stories for Thomas Urbain

Thomas Urbain

Opinion

Lofty US home prices persist despite interest rate hikes

Higher borrowing costs are leading to fewer US home sales, but prices are staying elevated in a holdover from the...

Published 07 Jan, 2023 06:00am

Opinion

By taking Twitter private, Musk makes daring bet

Elon Musk’s decision to pull Twitter off the stock market allows him to make major changes quickly, but it also...

Published 07 Nov, 2022 05:49am

Opinion

Strong US dollar an unstoppable force endangering other currencies

The dazzling rise of the US dollar, which has hit one record after another, is raising fears of a currency crash of ...

Updated 02 Oct, 2022 06:18am

Opinion

Crypto lending world sways under risk and turmoil

Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients ...

Published 02 Jul, 2022 04:10am

Opinion

Twitter has long been more talk than money

Billionaire Elon Musk is capturing a social media prize with his deal to buy Twitter, which has become a global ...

Published 27 Apr, 2022 05:19am

Opinion

Wheat and corn prices ride the Ukrainian rollercoaster

The crisis between Ukraine and Russia, two of the world’s biggest wheat and corn producers, has sent the...

Published 17 Feb, 2022 06:37am

Opinion

With Fed set to hike US rates, ‘ultra-cheap money’ era nears end

Consumers, companies and financial markets are bound to see borrowing costs rise as the Federal Reserve gets ready ...

Published 29 Jan, 2022 06:05am

Opinion

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock...

Published 06 Dec, 2021 06:19am

Opinion

Iconic corporate names breaking up in trend to boost value

Three multinational giants - General Electric, Johnson & Johnson and Toshiba - this week announced plans to ...

Published 14 Nov, 2021 04:12am

Opinion

To encourage vaccinations, more US firms turn to incentives - and threats

In the wake of full US approval for the Pfizer/BioNTech anti-Covid vaccine this week, more and more American...

Published 28 Aug, 2021 03:54am

Opinion

In the US, camera phones increasingly expose racism

From the death of a black man in Minneapolis to a racist incident in Central Park, camera phones are increasingly being used as a weapon against racism even when justice doesn't always follow.

Published 30 May, 2020 12:06am

Does Assange indictment set dangerous precedent for journalists?

Does the indictment of WikiLeaks founder Julian Assange under the US Espionage Act for publishing classified military and diplomatic documents threaten the constitutional right to freedom of the press?

Published 26 May, 2019 12:00am

'Stan & Ollie,' an intimate portrait of comedic genius

They hung up their bowler hats decades ago, but Stan Laurel and Oliver Hardy remain cinema's most iconic comic duo, with a unique chemistry explored in a new feature centered on their careers' tricky end. "Stan and Ollie," marks the first time a feature f

Published 05 Jan, 2019 12:00am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Dec 7 Trust Modaraba(TRSM)	2.16 ▲ 0.60 (38.46%)
First Elite Cap.Mod / Dec 7 First Elite Capital Modaraba(FECM)	4 ▲ 1.00 (33.33%)
Treet Corp. (R) / Dec 7 Treet Corporation Limited (R)(TREETR2)	4.14 ▲ 0.76 (22.49%)
LSE Propetech / Dec 7 LSE Propetech Limited(LSEPL)	4.55 ▲ 0.79 (21.01%)
F.Credit & Inv / Dec 7 First Credit and Investment Bank Limited(FCIBL)	6.51 ▲ 1.00 (18.15%)
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	6.69 ▲ 1.00 (17.57%)
HBL Invest Fund / Dec 7 HBL Investment Fund(HIFA)	3.80 ▲ 0.49 (14.80%)
LSE Ventures / Dec 7 LSE Ventures Limited(LSEVL)	5.57 ▲ 0.71 (14.61%)
F. Nat.Equities / Dec 7 First National Equities Limited(FNEL)	6.70 ▲ 0.80 (13.56%)
Redco Textile / Dec 7 Redco Textiles Limited(REDCO)	6.90 ▲ 0.80 (13.11%)

Stock	Price
Dar-es-Salaam / Dec 7 Dar-es-Salaam Textile Mills Limited(DSML)	7.51 ▼ -0.74 (-8.97%)
Ist.Dawood Bank / Dec 7 First Dawood Investment Bank Limited(FDIBL)	2.30 ▼ -0.19 (-7.63%)
Kohat Textile / Dec 7 Kohat Textile Mills Limited(KOHTM)	19.81 ▼ -1.61 (-7.52%)
MithchellsFruit / Dec 7 Mitchells Fruit Farms Limited(MFFL)	208.72 ▼ -16.92 (-7.50%)
Shadman Cotton / Dec 7 Shadman Cotton Mills Limited(SHCM)	14.42 ▼ -1.17 (-7.50%)
Land Mark Spinning / Dec 7 Landmark Spinning Industries Limited(LMSM)	16.47 ▼ -1.33 (-7.47%)
SME Leasing Ltd / Dec 7 SME Leasing Limited(SLL)	1.90 ▼ -0.15 (-7.32%)
786 Invest Ltd / Dec 7 786 Investments Limited(786)	5.47 ▼ -0.40 (-6.81%)
Suraj Cotton / Dec 7 Suraj Cotton Mills Limited(SURC)	136.50 ▼ -9.50 (-6.51%)
J.K.Spinning / Dec 7 J.K. Spinning Mills Limited(JKSM)	44 ▼ -3.00 (-6.38%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	143,393,681 ▲ 0.16
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.05
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	56,884,642 ▲ 0.02
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	54,169,500 ▲ 1.00
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.84
Fauji Foods Ltd / Dec 7 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.06
P.T.C.L. / Dec 7 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.03
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,317,902 ▲ 0.99
Oil & Gas Dev. / Dec 7 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▼ -0.61
The Searle Co. / Dec 7 The Searle Company Limited(SEARL)	28,673,613 ▲ 3.11

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
Dow Jones / Dec 5	36124.56
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33445.90
Hang Seng / Dec 6	16427.53
FTSE 100 / Dec 6	7516.04
Germany DAX 30 / Dec 6	16541.49
France CAC40 / Dec 6	7392.44

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

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