Trends - EU - Business Recorder

EU

Experts weigh in as EU removes Pakistan from list of high-risk third countries

Analysts say development will not have immediate impact but could benefit Pakistan in the long-term

Published 29 Mar, 2023 12:45pm

High Risk Third Countries: EU Commission removes Pakistan from ‘list’

KARACHI: The European Commission has removed Pakistan from the List of High Risk Third Countries, which have...

Updated 29 Mar, 2023 09:04am

Business & Finance

UK and EU to approve new North Ireland Brexit trade pact

LONDON: The UK and EU will on Friday formally agree a post-Brexit deal to overhaul Northern Irish trade rules after...

Published 24 Mar, 2023 11:57am

World

Zelensky exhorts EU to send jets, missiles

BRUSSELS: Ukrainian President Volodymyr Zelensky on Thursday told European leaders that “delays” sending fighter...

Published 24 Mar, 2023 05:55am

Opinion

Disclosure principles of ‘beneficial ownership’

It is common practice across the globe that anonymous shell companies are formed to hold funds or conduct financial...

Published 24 Mar, 2023 05:55am

Business & Finance

Significant boost in exports likely: UBG: PM felicitated on two-year extension in GSP Plus status

KARACHI: The United Business Group (UBG) has expressed the hope that grant of two-year extension in the GSP Plus...

Published 20 Mar, 2023 06:53am

World

EU proposes power market revamp to blunt price spikes

BRUSSELS: The European Commission proposed a revamp of Europe’s electricity market rules on Tuesday, to try to...

Published 20 Mar, 2023 06:12am

World

Serbia, Kosovo leaders hold talks over EU peace plan

OHRID: Kosovo and Serbia leaders kicked off the latest round of EU-led talks Saturday, as the long-time rivals come...

Published 19 Mar, 2023 03:33am

B2B bartering with China to boost exports: minister

KARACHI: The dollar-strapped Pakistan is now expecting a Business-to-Business (B2B) bartering with neighbouring...

Updated 18 Mar, 2023 09:14am

Business & Finance

EU ready to accept countries’ own fiscal tightening goals for 2024

BRUSSELS: The European Commission said on Wednesday it would back any fiscal tightening goals for 2024 by EU...

Published 13 Mar, 2023 06:15am

World

Italian cabinet to meet near deadly shipwreck site

CUTRO: Italian Prime Minister Giorgia Meloni will hold a cabinet meeting Thursday near the site of a deadly...

Published 09 Mar, 2023 12:12pm

World

Bakhmut may fall ‘in coming days’: NATO chief

STOCKHOLM: NATO Secretary General Jens Stoltenberg warned on Wednesday that the devastated eastern Ukrainian city of...

Published 09 Mar, 2023 06:23am

Opinion

Has US shot the dollar in the foot?

Who could’ve known that one of the unintended consequences of the Ukraine war would be the first signs of a shift...

Published 09 Mar, 2023 06:23am

Pope prays for halt to migrant ‘journeys of death’

VATICAN CITY: Pope Francis on Sunday called for an end to the deadly trafficking of migrants, a week after a boat...

Published 06 Mar, 2023 07:04am

EU will tackle US green subsidies, overcome e-fuels impasse

FRANKFURT, (Germany): EU Commission President Ursula von der Leyen said on Sunday she is determined to counter...

Published 06 Mar, 2023 06:59am

Opinion

Traders relaxed as ECB starts running down massive bond holdings

Strong investor inflows into bond markets this year mean traders and bankers are confident the European Central Bank...

Updated 02 Mar, 2023 07:01am

World

EU eyes extra 1bn euros on ammunition for Ukraine

BRUSSELS: The EU is looking to allocate an additional one billion euros for urgently needed ammunition for Ukraine ...

Published 01 Mar, 2023 10:49pm

World

UK PM strikes Northern Ireland deal with EU

LONDON: British Prime Minister Rishi Sunak struck a new deal with the European Union on post-Brexit trade rules for...

Published 28 Feb, 2023 06:15am

World

UK and EU clinch Brexit deal over Northern Ireland trade

LONDON: Britain and the European Union proclaimed Monday a "new chapter" in relations as they agreed a crucial...

Published 27 Feb, 2023 11:25pm

World

UK and EU on cusp of Northern Ireland Brexit deal but concerns remain

LONDON: Britain is on the cusp of a deal with the European Union to try to ease trade and political disruption in...

Published 27 Feb, 2023 06:55am

Pakistan

SAU organises workshop on ‘impact assessment validation and learning’

HYDERABAD: National and international experts and policy-making organizations have emphasized better relations...

Published 27 Feb, 2023 06:17am

Opinion

India wants a clean energy transition deal-and its coal too

India is unlikely to sign a deal with richer nations this year for a just energy transition, as international ...

Published 27 Feb, 2023 06:17am

Russia’s bank to suspend trading in euros

MOSCOW: Russian online bank Tinkoff, run by TCS Group Holding, said on Sunday it would suspend trading in euros from...

Updated 27 Feb, 2023 08:42am

World

EU agrees new sanctions over Russia’s war in Ukraine

BRUSSELS: The EU agreed a new round of sanctions over Russia’s war in Ukraine on Friday, the one-year anniversary of...

Published 25 Feb, 2023 11:52am

World

EU institutions ban TikTok on work devices

BRUSSELS: The main EU governing institutions on Thursday banned their staff from installing TikTok on devices used...

Published 24 Feb, 2023 07:36am

Pakistan

Third meeting of GBDWP held in Gilgit

GILGIT: The third meeting of the Gilgit-Baltistan Development Working Party (GBDWP) was held under the chairmanship...

Published 23 Feb, 2023 05:52am

Opinion

Pain and gain for industry as EU carbon hits 100 euros

Europe’s carbon price hit a record 100 euros ($106) per tonne on Tuesday, a long-awaited milestone that boosts the...

Published 22 Feb, 2023 03:30am

World

Ukraine war expected to cost Germany 160bn euros by year-end

BERLIN: The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its...

Published 20 Feb, 2023 07:12am

Business & Finance

Air France-KLM ‘turns the page’ on Covid as profit returns

PARIS: Air France-KLM said Friday that it had bounced back from two years of massive losses due to Covid-19 travel...

Published 20 Feb, 2023 07:08am

Pakistan

Bilawal meets European counterparts in bid to enhance ties

MUNICH: Minister for Foreign Affairs Bilawal Bhutto-Zardari on Sunday met his counterpart from Norway Anniken...

Published 20 Feb, 2023 06:26am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.45 ▲ 0.65 (17.11%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	2.02 ▲ 0.22 (12.22%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	119 ▲ 8.00 (7.21%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	31.50 ▲ 1.89 (6.38%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.52 ▼ -0.68 (-13.08%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
MetaTech. / Mar 29 MetaTech Health Limited(META)	5.55 ▼ -0.51 (-8.42%)
Nagina Cot. / Mar 29 Nagina Cotton Mills Limited(NAGC)	55.70 ▼ -4.49 (-7.46%)
Pak Datacom / Mar 29 Pak Datacom Limited(PAKD)	59.26 ▼ -4.69 (-7.33%)
EMCO Industries / Mar 29 Emco Industries Limited(EMCO)	23 ▼ -1.79 (-7.22%)
Tandlianwala Sugar / Mar 29 Tandlianwala Sugar Mills Limited(TSML)	90.05 ▼ -6.60 (-6.83%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.85 ▼ -0.13 (-6.57%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.10 ▼ -0.26 (-5.96%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.22
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	8,255,568 ▼ -0.01
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,525,000 ▼ -1.79
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,333,000 ▼ -0.16
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,381,595 ▼ -0.98
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,289,000 ▲ 8.00
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.01
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.25
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▲ 0.00
Maple Leaf Cement / Mar 29 Maple Leaf Cement Factory Limited(MLCF)	2,560,318 ▼ -0.16

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

EU

Most Popular Articles