Trends - EU - Business Recorder

EU

EU defence spending to reach record 270bn euros in 2023

BRUSSELS: EU military spending will reach a record 270 billion euros ($295 billion) in 2023 in the face of ...

Published 01 Dec, 2023 04:43am

Business & Finance

GSP Plus termed ‘a template for mutually beneficial economic cooperation’

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani has termed the GSP Plus as a template for mutually...

Published 30 Nov, 2023 04:53am

Editorials

Custodial killings

EDITORIAL: There is only one way to settle the matter of alleged custodial killing of Balaach Mola Bakhsh in ...

Published 28 Nov, 2023 04:56am

Editorials

GSP+ concerns

EDITORIAL: The caretaker government is rightly pleased that the European parliament has extended the GSP+...

Published 27 Nov, 2023 06:13am

Opinion

GSP+ status: a major success

The European Parliament has decided to extend the existing GSP (Generalized System of Preferences) for another four...

Updated 25 Nov, 2023 05:42am

GSP review: EU identifies major challenges facing Pakistan

ISLAMABAD: The European Union (EU) has said that political turmoil, constitutional challenges, economic crisis, high...

Updated 23 Nov, 2023 08:46am

Pakistan

IMF, EU officials regularly visit IK in Adiala Jail, claims Elahi

LAHORE: Pakistan Tehreek-i-Insaf (PTI) President Chaudhry Parvez Elahi on Thursday said that no one pressurized him...

Published 17 Nov, 2023 06:06am

World

Germany says EU won’t reach ammo target for Ukraine

BRUSSELS: Germany on Tuesday deepened the despondency around Western efforts to back Ukraine by saying the EU would...

Published 15 Nov, 2023 12:03am

World

Russia says EU won’t ‘push’ it out of Central Asia

MOSCOW: Foreign Minister Sergei Lavrov accused the European Union of attempting to drive Russia out of Central Asia,...

Published 13 Nov, 2023 06:31am

World

EU lawmakers urge ban on Russian LNG

BRUSSELS: EU lawmakers on Thursday urged the bloc to ban imports of Russian liquefied natural gas and to shut...

Published 10 Nov, 2023 03:07am

World

Belgium urges EU sanctions on Israeli ‘extremists’

BRUSSELS: The EU should look at barring “extremist” Israelis who call for violence against Palestinians from...

Published 10 Nov, 2023 03:07am

Business & Finance

EU court advisor deals blow to Apple in Ireland tax case

BRUSSELS: The European Court of Justice’s top legal advisor recommended Thursday scrapping a previous Apple ...

Published 10 Nov, 2023 03:07am

Pakistan

Postage stamp launched: 75th anniversary of Pak-Netherlands ties

ISLAMABAD: Foreign Secretary Muhammad Syrus Sajjad Qazi and Ambassador of the Netherlands to Pakistan Henry de ...

Published 03 Nov, 2023 06:11am

World

Britain scraps cap on banker bonuses inherited from EU

LONDON: Britain on Tuesday scrapped a decade-old cap on banker bonuses inherited from the European Union, signalling...

Published 30 Oct, 2023 05:24am

Opinion

Net zero and Pakistan’s energy system: no more business as usual

Net Zero is an international agreement for climate action that aims to achieve a balanced state of greenhouse gases...

Updated 30 Oct, 2023 06:07am

Business & Finance

Apparel industry fully complies with labour laws: PHMA

FAISALABAD: Pakistan Hosiery Manufacturers and Exporters Association has observed that the report of NTUF is aimed ...

Published 30 Oct, 2023 05:24am

Markets

Emergency EU oil meeting focused on securing diesel supply

BRUSSELS: European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil...

Published 28 Oct, 2023 05:58am

World

EU prepares call for pause in Israel-Hamas war but some countries not convinced

BRUSSELS: The European Union edged on Monday towards endorsing a “humanitarian pause” in the war between Israel and...

Published 23 Oct, 2023 11:24pm

Opinion

GSP+ rollover requires greater attention to sustainability

The GSP+ scheme has been extended for Pakistan for four additional years. However, the threat is not over. It is...

Published 23 Oct, 2023 05:58am

World

EU clears Pfizer’s $43bn takeover of Seagen

BRUSSELS: The EU said Thursday it had given the green light for US pharmaceutical giant Pfizer’s $43-billion...

Published 20 Oct, 2023 05:17am

World

EU fears destabilisation from disinfo amid Israel-Hamas war

STRASBOURG: The EU expressed concern Wednesday about the growing dangers of disinformation for the bloc, as Brussels...

Updated 19 Oct, 2023 12:09am

World

EU climate talks at loggerheads over fossil fuel language

PARIS: A major stumbling block to defining the European Union’s position at the most important climate ...

Published 17 Oct, 2023 05:51am

World

Polish opposition looks set to oust ruling nationalists in major political shift

WARSAW: Poland’s liberal, pro-EU opposition on Monday looked on track to form the next government after official...

Published 17 Oct, 2023 05:51am

World

EU to launch humanitarian air corridor to Gaza: von der Leyen

TIRANA: The European Union will launch a humanitarian air corridor to Gaza through Egypt with the first flights...

Published 16 Oct, 2023 10:13pm

World

TikTok details disinformation steps taken after EU demand

BRUSSELS: Short video app TikTok said on Sunday it had immediately mobilised resources and personnel to counter hate...

Published 16 Oct, 2023 05:47am

Govt mulling slapping carbon tax on exports to EU

ISLAMABAD: The government is mulling imposing carbon tax on exports to the European Union (EU) to deal with Carbon...

Updated 16 Oct, 2023 08:45am

World

Polish opposition tipped to win majority: exit poll

WARSAW: Poland's liberal Civic Coalition led by former EU chief Donald Tusk and two smaller opposition parties have ...

Published 16 Oct, 2023 12:53am

Opinion

Investigating under-invoicing with trade data: Red herring or red flag?

“There is nothing more deceptive than an obvious fact”: Sir A. C. Doyle The Pakistan Business Council wrote to...

Published 15 Oct, 2023 03:19am

Markets

EU wheat, barley area seen holding steady as sowing advances

PARIS: Warm weather has helped European Union farmers make progress in sowing grains for next year’s harvest, with...

Published 15 Oct, 2023 03:19am

Editorials

GSP+ relief

EDITORIAL: The government would have breathed a sigh of relief when EU (European Union) lawmakers decided to “roll...

Published 15 Oct, 2023 03:19am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 4 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 4 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 4 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 4 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 4 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 4 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 4 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 4 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 4 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 4 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 4 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 4 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 4 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 4 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 4 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 4 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 4 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 4 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 4 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 4 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 4 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4564.76
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Nasdaq / Dec 4	14153.30
Hang Seng / Dec 4	16729.01
FTSE 100 / Dec 4	7509.75
Dow Jones / Dec 4	36139.37
Germany DAX 30 / Dec 4	16431.20
France CAC40 / Dec 4	7347.73

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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