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CDU

Germany to cut tax on fuel for two months amid Iran war energy shock: Merz

Published 13 Apr, 2026 01:19pm

Chancellor Friedrich Merz said Monday that Germany would cut petrol and diesel taxes for two months

German election favourite urges quick coalition talks

Published 08 Feb, 2025 02:14pm

BERLIN: Germany’s conservative opposition leader, the favourite to be the next chancellor, said on Saturday a new...

Momentum with Merkel party after victory in key state poll

Published 07 Jun, 2021 10:09am

"Laschet is still a long way from the chancellor's office," the Sueddeutsche Zeitung daily said. But the poll result has brought him "much closer to it".

Merkel party wins big in last German state poll before general election

Updated 06 Jun, 2021 09:47pm

The CDU under new party chief Armin Laschet won between 35 and 36 percent of the vote, exit polls showed, with the anti-immigration party on between 22.5 and 23.5 percent.

Final vote test in Germany ahead of post-Merkel-era election

Published 06 Jun, 2021 11:28am

Laschet has promised to maintain CDU as the "force of the political middleground".

Crucial test for Merkel's conservatives in Germany regional vote

Published 03 Jun, 2021 11:12am

Although support nationally has stagnated at around 10 to 12 percent for the AfD in recent months, in Saxony-Anhalt -- as in other former East German states -- the party has long had a strong base of support.

Germany's finance minister rejects blame for Wirecard fiasco

Published 22 Apr, 2021 06:37pm

Olaf Scholz joins a long list of politicians and officials who have denied responsibility for slipshod oversight and what critical lawmakers see as a pro-Wirecard bias that failed to avert Germany's biggest post-war fraud.
The case, on a par with the Enron scandal in the United States, has prompted the resignation of the heads of two German supervisory authorities, an overhaul of regulation, and criminal investigations.

Merkel party leadership backs Laschet as chancellor candidate

Published 20 Apr, 2021 10:48am

After more than six hours of talks, several dozen CDU board members voted 77.5 percent in favour of Laschet.

Deal elusive in conservatives' battle for Merkel's crown

Published 19 Apr, 2021 10:18am

The infighting has thrown the conservatives into disarray as Merkel is about to bow out after 16 years in power.

Deal elusive in conservatives' battle for Merkel's crown

Published 19 Apr, 2021 03:22am

BERLIN: The two conservative leaders locked in an increasingly vicious battle for Angela Merkel's crown struggled to...

German CDU backs Laschet to succeed Merkel as chancellor

Published 12 Apr, 2021 08:52pm

Laschet enjoys "broad support" from CDU and Bavarian CSU.
Parties want quick agreement on their chancellor candidate.
Bavarian premier Soeder also wants to be candidate.
Laschet says he will speak to Soeder.

Merkel party chief swings ahead in race to be next chancellor

Published 12 Apr, 2021 05:07pm

Long-time Merkel ally Laschet took over as CDU leader in January but has since suffered a series of setback including a damaging spat with Merkel over virus containment measures.

Exxon Baton Rouge, Louisiana, refinery restarting CDU, shuts FCC

Published 09 Apr, 2021 11:31am

The 90,000-bpd PSLA-7 CDU was shut on March 27 for a planned cleaning of carbon deposits, the sources said.

Shell Norco, Louisiana, refinery CDU operating at minimum production, other units shut

Published 08 Apr, 2021 06:05pm

Most of the other production units at the refinery remained shut on following a Wednesday afternoon loss of three steam boilers at the refinery, the sources said.

Asia gasoline crack extends gains on refinery outages

Published 01 Apr, 2021 04:10am

SINGAPORE: Asia’s gasoline crack extended gains on Wednesday, climbing to a more than one-year high amid refinery...

Merkel and party chief at odds over virus measures

Updated 31 Mar, 2021 10:14am

BERLIN: The leader of Angela Merkel's Christian Democratic Union party pushed back Monday against the chancellor's...

Shell restarting small crude unit at Deer Park, Texas, refinery

Published 29 Mar, 2021 12:28pm

The 70,000-bpd DU-1 CDU was shut on Feb. 14 by a pump seal failure, the sources said.

German SPD aims for post-Merkel government without her conservatives

Updated 15 Mar, 2021 09:25pm

CDU suffered record defeats in twin state votes on Sunday.
National election due in September.
Votes raise possibility of three-way coalition without CDU.

Total restarts large crude unit at Port Arthur, Texas, refinery

Published 09 Mar, 2021 10:40am

Total did not reply to a request for comment.

Marathon restarts CDU at Galveston Bay Refinery in Texas

Published 08 Mar, 2021 09:59pm

After restarting the 225,000 bpd CDU, Marathon began on Monday a planned overhaul of the 140,000 bpd fluidic catalytic cracker 3 (FCC 3), the sources said.
On Sunday, FCC 3 had a propane leak that idled activity at the refinery for much of the day, the sources said. No injuries were reported because of the leak.

German lawmaker from Merkel's conservatives quits over face mask scandal

Published 08 Mar, 2021 07:06pm

"In order to avert further damage for my party, I withdraw from my Bundestag mandate," said Nikolas Loebel the conservative Christian Democrats (CDU) party in a statement.
His resignation comes one week before regional elections in the western states of Rhineland-Palatinate and Baden-Wuerttemberg, where Loebel's constituency is.

Total Port Arthur, Texas, large CDU to resume production Monday

Published 08 Mar, 2021 10:21am

In addition to beginning the restart of the 150,000-bpd ACU-1 CDU, Total restarted.

Asia’s gasoline and naphtha crack rises

Published 18 Feb, 2021 04:08am

SINGAPORE: Asia’s gasoline and naphtha cracks both strengthened on Tuesday. The gasoline crack rose for a second...

New German CDU leader sticks to support for Nord Stream 2

Published 25 Jan, 2021 09:35pm

The pipeline, which would double the capacity of the existing Nord Stream link from Russia to Germany and bypass Ukraine.
EU lawmakers passed a resolution on Thursday calling for the bloc to stop the completion of the Nord Stream 2 in response to Navalny's arrest.

German CDU confirms Laschet as new leader in postal ballot

Published 22 Jan, 2021 09:16pm

Laschet, premier of Germany's most populous state and the self-styled Merkel continuity candidate, won 83.35% of the valid postal votes cast by 1,001 delegates.
"The CDU remains Germany's Europe party," Laschet told reporters, stressing that he wanted his leadership of the party to be marked by dialogue with its grass roots.

Merkel’s party picks her ally as next leader

Updated 17 Jan, 2021 09:39am

BERLIN: Chancellor Angela Merkel’s conservative CDU party picked her ally Armin Laschet as its next leader on...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	9.30 ▲ 0.98 (11.78%)
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.40 ▲ 0.25 (11.63%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)
Leather Up Ltd. / Jul 21 Leather Up Limited(LEUL)	50.58 ▲ 4.6 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98 ▼ -7.79 (-7.36%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.53 ▼ -1.48 (-6.16%)
Dadex Eternit / Jul 21 Dadex Eternit Limited(DADX)	90 ▼ -5.7 (-5.96%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	435 ▼ -25.42 (-5.52%)
D.M. Corporation / Jul 21 D.M. Corporation Limited(DMC)	186.80 ▼ -10.73 (-5.43%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	83.10 ▼ -4.73 (-5.39%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	23.81 ▼ -1.3 (-5.18%)
Jubilee Spinning / Jul 21 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	51.01 ▼ -2.78 (-5.17%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	104,358,317 ▲ 0.19
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	50,473,734 ▲ 0.25
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	49,090,885 ▲ 0.44
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	26,586,092 ▲ 2.6
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	16,911,867 ▲ 0.04
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	15,991,997 ▲ 0.54
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	15,978,338 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	15,830,121 ▲ 1.13
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	10,974,611 ▲ 0.15
Unity Foods Ltd / Jul 21 Unity Foods Limited(UNITY)	9,771,922 ▲ 0.66

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