Trends - Germany - Business Recorder

Germany

Germany, Japan seek cooperation on economic security amid supply chain strains

TOKYO: Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever...

Published 18 Mar, 2023 05:34pm

World

Germany shuts down ‘world’s largest’ crypto launderer

BERLIN: German authorities said Wednesday they had taken down the “world’s largest” money laundering site for...

Published 15 Mar, 2023 09:02pm

World

Germany replaces military chief

BERLIN: Germany’s new defence minister Boris Pistorius has replaced the head of the armed forces, sources said on...

Published 14 Mar, 2023 03:18am

World

Several dead in shooting at Jehovah’s Witness church in Germany

HAMBURG: A gunman believed to have been acting alone killed several people on Thursday in a Jehovah’s Witness church...

Published 10 Mar, 2023 10:51am

World

Germany plans 2024 oil and gas boiler ban

BERLIN: Germany on Thursday presented controversial plans to ban the installation of new oil and gas boilers from...

Published 09 Mar, 2023 07:38pm

World

German, UAE, Egypt consortium sign $34bn deal for hydrogen project in Mauritania

BERLIN: An international consortium with German participation signed an agreement with the Mauritanian government...

Published 08 Mar, 2023 07:03pm

Pakistan

Khar meets German minister

ISLAMABAD: Visiting German Minister of State for Foreign Affairs Dr Tobias Lindner and Minister of State for Foreign...

Published 07 Mar, 2023 03:16am

World

Germany’s Scholz in India to press on EU trade deal

NEW DELHI: German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the...

Published 25 Feb, 2023 02:44pm

World

Germany to pursue $5.2bn submarine deal with India during Scholz trip: sources

NEW DELHI/BERLIN: Germany will pursue a $5.2 billion deal with India to jointly build six conventional submarines in...

Published 24 Feb, 2023 01:43pm

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

Ford to cut 3,800 jobs, mostly in Germany and UK

PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...

Published 20 Feb, 2023 06:26am

World

Russian assets worth around $5.7bn sanctioned in Germany

BERLIN: Russian assets worth around 5.32 billion euros ($5.69 billion) have been sanctioned in Germany over the...

Published 19 Feb, 2023 03:19am

Pakistan

Bilawal leaves for week-long trip to Europe

ISLAMABAD: Foreign Minister Bilawal Bhutto-Zardari left for a week-long trip to Europe where he will attend Munich...

Published 17 Feb, 2023 06:00am

World

China remains Germany’s biggest trade partner in 2022

FRANKFURT: China was Germany’s biggest trading partner in 2022 for the seventh year in a row, figures published...

Published 16 Feb, 2023 06:36pm

Opinion

After multi-billion US fund collapse, Germany’s Allianz eschews risk for safe bonds

For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even...

Published 15 Feb, 2023 06:27am

World

Countries warn EU against ‘crisis mode’ overhaul of energy market

BRUSSELS: Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to...

Published 13 Feb, 2023 01:29pm

World

Germany's conservatives set to win repeat Berlin state election

BERLIN: Germany's conservative CDU party is on track to win a repeat election in Berlin, in a blow to Chancellor ...

Published 12 Feb, 2023 11:18pm

World

Scholz’s Social Democrats risk upset at Berlin vote rerun

BERLIN: German Chancellor Olaf Scholz’s Social Democrats face the prospect of an embarrassing loss on Sunday during...

Published 12 Feb, 2023 09:33am

World

Germany to issue emergency visas to Turkish, Syrian quake victims

BERLIN: Germany will grant three-month visas to Turkish and Syrian earthquake victims with family in the country,...

Published 11 Feb, 2023 11:05pm

Opinion

Price falls, red tape curb demand from businesses for German energy subsidy

Take-up by German companies of a government scheme to help with energy costs this winter is likely to be lower than...

Published 11 Feb, 2023 05:57am

Business & Finance

German inflation edges higher in January

FRANKFURT: German inflation picked up slightly in January, preliminary data showed Thursday, as the impact of a...

Published 09 Feb, 2023 01:12pm

World

German defence minister in surprise Kyiv visit

KYIV: Germany’s new defence minister, Boris Pistorius, made an unscheduled visit to Kyiv on Tuesday, two weeks...

Published 08 Feb, 2023 07:51am

World

US VP Harris to attend Munich security conference

WASHINGTON: US Vice President Kamala Harris will attend the annual Munich security conference this month, her office...

Published 07 Feb, 2023 11:36am

World

Erdogan says Western missions will ‘pay’ for closures

ISTANBUL: Turkish President Tayyip Erdogan said Western missions would “pay” for issuing security warnings and...

Published 06 Feb, 2023 07:22am

Sports

Stan’s the man as veteran claims Davis Cup victory for Switzerland

PARIS: Stan Wawrinka took Switzerland to the Davis Cup Finals group stage on Saturday, winning a rollercoaster...

Published 05 Feb, 2023 11:23am

World

Germany authorises manufacturers to send Leopard 1 tanks to Ukraine

BERLIN: Germany said Friday it has issued authorisation for Leopard 1 tanks to be sent to Ukraine, in a further...

Published 03 Feb, 2023 05:44pm

Business & Finance

German trade surplus shrinks on Ukraine, energy crisis

FRANKFURT: Germany’s much-vaunted trade surplus shrank in 2022, official data showed Thursday, as soaring energy...

Published 02 Feb, 2023 05:32pm

World

Winter not over, but Europe braces for the next one

PARIS: Europe has weathered the energy crisis that followed Russia’s invasion of Ukraine so far, but businesses and...

Published 31 Jan, 2023 11:41am

Pakistan

Afghan women’s rights: US SRA starts tri-nation trip

ISLAMABAD: The United States Special Representative for Afghanistan (SRA) Thomas West has started his tri-nation ...

Published 31 Jan, 2023 06:01am

World

NATO’s chief urges South Korea to step up military support for Ukraine

SEOUL: NATO Secretary-General Jens Stoltenberg urged South Korea on Monday to increase military support to Ukraine,...

Published 30 Jan, 2023 09:31am

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Mar 22 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.79 ▲ 0.09 (12.86%)
Noon Sugar / Mar 22 Noon Sugar Mills Limited(NONS)	54.80 ▲ 3.78 (7.41%)
Hinopak Motor / Mar 22 Hinopak Motors Limited(HINO)	219.45 ▲ 15.05 (7.36%)
Data Textile / Mar 22 Data Textiles Limited(DATM)	3.66 ▲ 0.22 (6.40%)
D.S. Ind. Ltd. / Mar 22 D.S. Industries Limited(DSIL)	2.37 ▲ 0.11 (4.87%)
Dewan Farooque Sp. / Mar 22 Dewan Farooque Spinning Mills Limited(DFSM)	3.05 ▲ 0.13 (4.45%)
Mehran Sugar / Mar 22 Mehran Sugar Mills Limited(MRNS)	35.95 ▲ 1.45 (4.20%)
Tri-Star Power / Mar 22 Tri-Star Power Limited(TSPL)	13 ▲ 0.51 (4.08%)
Century Ins. / Mar 22 Century Insurance Company Limited(CENI)	18.49 ▲ 0.66 (3.70%)
Jubile Life InsXD / Mar 22 Jubilee Life Insurance Company Limited(JLICL)	120 ▲ 4.00 (3.45%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.90 ▼ -0.51 (-14.96%)
Kohinoor Power / Mar 22 Kohinoor Power Company Limited(KOHP)	3.62 ▼ -0.37 (-9.27%)
Escorts Bank / Mar 22 Escorts Investment Bank Limited(ESBL)	3.16 ▼ -0.32 (-9.20%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Bilal Fibres / Mar 22 Bilal Fibres Limited(BILF)	2.27 ▼ -0.19 (-7.72%)
Dawood Lawrencepur / Mar 22 Dawood Lawrencepur Limited(DLL)	201.17 ▼ -16.26 (-7.48%)
Quetta Textile / Mar 22 Quetta Textile Mills Limited(QUET)	15.75 ▼ -1.27 (-7.46%)
JS Global Cap. / Mar 22 JS Global Capital Limited(JSGCL)	300.10 ▼ -23.90 (-7.38%)
Sapphire Textile / Mar 22 Sapphire Textile Mills Limited(SAPT)	977 ▼ -77.26 (-7.33%)
Premium Textile / Mar 22 Premium Textile Mills Limited(PRET)	420.10 ▼ -30.91 (-6.85%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	15,099,500 ▲ 0.23
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.02
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.07
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.18
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▲ 0.02
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.03
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▼ -0.01
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.21
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.17
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▼ -0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	283.70
USD PKR Interbank Buying / Mar 22	283.25
USD to Japanese Yen / Mar 21	132.38
USD to Swiss Franc / Mar 21	0.92
Pound Sterling to USD / Mar 21	1.22
Euro to USD / Mar 21	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91
India Sensex / Mar 22	58196.91
Tokyo Nikkei / Mar 22	27459.77
Hang Seng / Mar 22	19685.51

Item	Value
Crude Oil USD/Barrel / Mar 21	69.33
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Gold Spot USD/Ounce / Mar 21	1943.10
Cotton US¢/pound / Mar 21	77.85

Germany

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