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Brexit trade

UK rejects EU proposals to resolve N Irish trade dispute

LONDON: Britain on Wednesday rejected European Union proposals to resolve a standoff over post-Brexit trade rules ...

Published 12 May, 2022 05:40am

World

EU urges ‘big move’ from Britain to break post-Brexit stalemate

LONDON: European Commission vice-president Maros Sefcovic urged Britain on Sunday to make a “big move” to break...

Published 22 Nov, 2021 05:31am

UK exports to EU down 18pc as Brexit bites

BRUSSELS: Imports into the European Union from ex-member Britain fell 18 percent in the first six months of this...

Published 14 Aug, 2021 03:30am

World

UK and EU agree truce in N Ireland ‘sausage war’

LONDON: The threat of a “sausage war” between the UK and the European Union was averted on Wednesday, after both...

Published 01 Jul, 2021 04:10am

World

Brexit hits Portugal-UK trade in February, global trade gap shrinks

The value of goods brought in from Britain fell 56%, compared to a drop of just 10.3% in imports from 27 European Union countries.
The UK left the European Union's single market at the end of last year, raising barriers to trade. That final split followed more than four years of wrangling over its terms of exit from the EU.

Published 09 Apr, 2021 06:17pm

World

UK stands pat on Brexit swaps trading as EU banks hurt

The FCA decided in December it would allow UK market participants to trade derivatives on platforms in the bloc to avoid a rupture in EU business, even though the EU has banned EU market participants from using London platforms.
As flagged by Reuters earlier this month, the FCA has made no change to its stance.

Published 24 Mar, 2021 10:00pm

World

UK seeks more influence in Indo-Pacific as 'moderating impact' on China

British foreign policy pivots towards Indo-Pacific.
US remains foremost UK ally, Russia named to top threat.
UK plans British aircraft carrier deployment to the region.

Updated 16 Mar, 2021 10:00pm

World

UK pushes back timetable for post-Brexit border checks

Although we recognise that many in the border industry and many businesses have been investing time and energy to be ready on time, and indeed we in Government were confident of being ready on time, we have listened to businesses who have made a strong case that they need more time to prepare.

Published 11 Mar, 2021 07:12pm

World

UK to publish post-Brexit defence and foreign policy review on March 17

The long-awaited document, known as the 'integrated review', has previously been billed by Johnson as the "biggest review of our foreign, defence, security and development policy since the end of the Cold War".

Published 05 Mar, 2021 05:45pm

World

US, UK suspend tariffs and seek aircraft row resolution

LONDON/WASHINGTON: The United States agreed a four-month suspension of retaliatory tariffs imposed on British goods...

Updated 05 Mar, 2021 09:41am

World

German exports to UK fell almost a third in January as Brexit hit

Brexit adds to strains on trade from pandemic.
German exports to UK in decline since 2016 Brexit vote.
Many businesses on continent reorganise supply chains.

Published 02 Mar, 2021 06:39pm

World

EU moves to allow continued data flows to Britain after Brexit

Ensuring free and safe flow of personal data is crucial for businesses and citizens on both sides of the Channel. The UK has left the EU, but not the European privacy family.
This should be completed before the end of June, when an interim arrangement for data flows after Brexit ends.

Published 19 Feb, 2021 07:48pm

World

Britain wants to resolve post-Brexit N.Ireland trade issues quickly

We set out the issues we have currently ... We want to extend the existing measures but we are committed to working constructively and pragmatically with the EU to resolve the issues ... as quickly as possible.
Earlier this week, Irish Foreign Minister Simon Coveney said Dublin was open to "modest" extensions of waivers on the movement of certain goods.

Published 09 Feb, 2021 08:43pm

Business & Finance

British meat processors set up shop in EU as Brexit hammers exports

This has in turn prompted companies to register businesses in the EU with a view to setting up processing facilities.
About 40% of British meat trade with the EU is sent in mixed or "grouped" loads.

Updated 09 Feb, 2021 11:32pm

World

100,000 sign petition calling for unfettered British-N.Irish trade

A month after Britain left the EU's orbit, it is once again arguing with Brussels over the most contentious issue of its five year Brexit negotiations - rules for trade involving Northern Ireland.
To ensure no land border between the British-ruled region and the rest of Ireland.

Published 05 Feb, 2021 09:25pm

World

Large fire at Ireland's Port of Cork brought under control

Emergency services remain on site to monitor the area. Ship operations in Ringaskiddy (Deepwater Berth) have been suspended.
Images posted on social media by local residents showed a large cloud of black smoke coming from the port.

Published 09 Jan, 2021 06:00pm

Business & Finance

Brexit trade deal between EU and UK possible on Wednesday

The UK wants to gradually curb EU access to its fishing waters over three years, while the bloc is proposing six years, to give its fishing industry longer to adjust.

Published 23 Dec, 2020 10:31am

World

UK PM Johnson says on Brexit: still problems, we'll thrive without a deal

Britain says the talks are stuck on two issues - the so-called level playing field and fishing - and has repeatedly said the EU has to budge or there will be no deal.

Published 22 Dec, 2020 02:07am

Markets

European shares tumble as new coronavirus strain grips UK

Worries around the new virus strain also saw investors look past an agreement over a $900 billion fiscal aid package in the United States that will be set to vote on Monday.

Published 21 Dec, 2020 04:03pm

World

UK's Patel says on Brexit: we're in 'tunnel' of negotiations

"First of all, the prime minister and the government, we've all been very clear we are not walking away, we will continue to negotiate to get this free-trade agreement," Patel told LBC radio.

Published 17 Dec, 2020 01:50pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.10
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.01
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.18
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.00
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.04
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▼ -0.10
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.02
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.49
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.79

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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Brexit trade

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