Trends - biden administration - Business Recorder

biden administration

Pakistan won’t attend US-convened ‘Democracy Summit’

ISLAMABAD: Pakistan on Tuesday decided to skip the US-convened Democracy Summit taking place in Washington this ...

Published 29 Mar, 2023 06:27am

Flood recovery efforts US reiterates its commitment

ISLAMABAD: A top US State Department official, Elizabeth Horst, has underscored the Biden Administration’s...

Published 10 Dec, 2022 06:00am

World

Biden administration reviewing China chip export policies, official says

WASHINGTON: The Biden administration is reviewing policies for the export of some semiconductor chips to China to...

Published 14 Jul, 2022 08:20pm

World

Biden administration throws support behind potential F-16 sale to Turkey

MADRID: The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter jets to...

Published 29 Jun, 2022 08:48pm

World

Biden administration signals fight over medication abortion

WASHINGTON: President Joe Biden’s administration indicated it will seek to prevent states from banning a pill used...

Published 25 Jun, 2022 04:47pm

World

Kremlin: US plan to sell armed drones to Ukraine does not affect military operation

The Kremlin said on Thursday that US plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with...

Published 02 Jun, 2022 04:50pm

World

Biden administration plans to cancel $10,000 in student debt per borrower: report

WASHINGTON: The administration of U.S. President Joe Biden is planning to cancel $10,000 in student debt per...

Published 27 May, 2022 06:27pm

BR Research

Restoring the balancing act

With foreign minister Bilawal on his charm-offensive visiting US and China lately, there is some hope that Pakistan...

Published 25 May, 2022 08:25am

World

Biden, Saudi crown prince may meet for first time as soon as next month

WASHINGTON: U.S. President Joe Biden and Saudi Arabian Crown Prince Mohammed bin Salman could meet for the first ...

Published 19 May, 2022 09:15pm

World

White House confident NATO can reach deal on Swedish, Finnish membership

ABOARD AIR FORCE ONE: The Biden administration is confident NATO can reach consensus about bids by Sweden and...

Published 17 May, 2022 09:12pm

World

US joins 55 nations to set new global rules for the internet

WASHINGTON: The United States and 55 other nations on Thursday signed a political commitment to push rules for the...

Published 28 Apr, 2022 06:49pm

Markets

US strategic oil sale speeds fuel-price fix, but at what cost?

The Biden administration is selling a record amount of emergency oil from national reserves to tame soaring US fuel...

Published 11 Apr, 2022 11:16am

World

US will supply Ukraine with ‘the weapons it needs’ against Russia

WASHINGTON: The United States is committed to providing Ukraine with “the weapons it needs” to defend itself...

Published 11 Apr, 2022 07:08am

Markets

United States weighs largest ever draw from emergency oil reserve

WASHINGTON: The Biden administration is considering releasing up to 180 million barrels of oil over several months...

Published 31 Mar, 2022 11:53am

World

Biden administration proposes minimum tax on wealthiest households

WASHINGTON: The wealthiest American taxpayers would pay a minimum tax on their income each year under a budget...

Published 28 Mar, 2022 08:34pm

World

US to welcome up to 100,000 Ukrainians fleeing war

BRUSSELS/WASHINGTON: The United States plans to accept up to 100,000 Ukrainians fleeing Russia’s invasion, the Biden...

Published 24 Mar, 2022 07:57pm

Business & Finance

US, Japan reach beef export agreement

WASHINGTON: The Biden administration announced Thursday an agreement with Tokyo to increase the amount of beef the...

Published 24 Mar, 2022 01:19pm

Markets

US prepared to move alone in banning Russian oil imports

WASHINGTON: The Biden administration is willing to move ahead with a ban on Russian oil imports into the United...

Published 07 Mar, 2022 09:25pm

BR Research

‘Tell me how this ends’

Now that Vladimir Putin is well into his much-feared full-scale assault on Ukraine, Western analysts are consumed by...

Published 28 Feb, 2022 08:06am

Markets

Federal oil lease sales delayed as Interior Dept navigates court decisions

WASHINGTON: Upcoming federal oil and gas lease sales will be delayed as the Interior Department figures out how to...

Published 20 Feb, 2022 12:21pm

Markets

New China tariff probe among options considered by Biden

WASHINGTON: The Biden administration is considering a range of options if talks over China's unmet "Phase 1"...

Published 09 Feb, 2022 10:38pm

World

US weighs Chevron request to take Venezuela oil for debt payments

WASHINGTON: The Biden administration is considering a Chevron Corp proposal to allow the US oil major to accept and...

Published 08 Feb, 2022 06:10am

World

US faces snags in bid to speed up at-risk Afghan evacuations

WASHINGTON: A lack of flights and the search for a new US reception center are among the hurdles facing the White...

Published 04 Feb, 2022 10:19am

World

Biden says administration mulling re-designating Yemen's Houthis a terrorist group

WASHINGTON: US President Joe Biden said on Wednesday his administration is considering re-designating Yemen's Houthi...

Published 20 Jan, 2022 12:47pm

World

Biden administration: Report on press freedom finds mix of problems and progress

NEW YORK: One year into office, President Joe Biden’s administration has emphasized the importance of global press...

Published 14 Jan, 2022 07:45am

World

Blinken calls North Korea missile tests 'profoundly destabilizing'

WASHINGTON: North Korea's missile tests are profoundly destabilizing and dangerous, US Secretary of State Antony...

Published 13 Jan, 2022 08:58pm

World

Biden administration: CPJ to publish report and host press briefing on press freedom

NEW YORK: The Committee to Protect Journalists will release “‘Night and day’: The Biden administration and the...

Published 13 Jan, 2022 07:17am

World

US to give additional $308mn in humanitarian aid to Afghanistan

WASHINGTON: The Biden administration plans to donate an extra $308 million in humanitarian aid to Afghanistan,...

Published 11 Jan, 2022 06:52pm

World

US, Russia set for Jan 10 security talks amid Ukraine tensions

WASHINGTON/MOSCOW: US and Russian officials will hold security talks on Jan. 10 to discuss concerns about their...

Published 29 Dec, 2021 06:57am

World

US to lift travel curbs on eight African countries

NEW YORK: The Biden administration will lift travel restrictions on eight southern African countries imposed last...

Published 25 Dec, 2021 05:02am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Engro Powergen / Oct 3 Engro Powergen Qadirpur Limited(EPQL)	25.02 ▲ 1.75 (7.52%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)
Pak Hotels / Oct 3 Pakistan Hotels Developers Limited(PHDL)	297.04 ▲ 20.72 (7.50%)

Stock	Price
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.60 ▼ -0.19 (-10.61%)
Pak Gulf Leasing / Oct 3 Pak-Gulf Leasing Company Limited(PGLC)	5.80 ▼ -0.55 (-8.66%)
Dewan Sugar / Oct 3 Dewan Sugar Mills Limited(DWSM)	1.70 ▼ -0.16 (-8.60%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	58,354,022 ▲ 0.02
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	17,584,983 ▲ 0.15
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -0.96
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	8,130,587 ▼ -0.50
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.45
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	6,513,806 ▲ 0.19
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	5,810,746 ▲ 0.07
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.10
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	4,964,100 ▲ 0.17
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,901,109 ▲ 0.13

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
India Sensex / Oct 2	65828.41
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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