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global tariffs

BOJ keeps rates steady, cuts growth forecasts on US tariffs hit

TOKYO: The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday, suggesting...

Published 01 May, 2025 11:59am

Business & Finance

Sumitomo Corp eyes record profit, creates loss buffer against US tariffs

TOKYO: Japanese trading house Sumitomo Corp on Thursday forecast a record net profit of 570 billion yen ($4 billion)...

Published 01 May, 2025 11:45am

Business & Finance

US has reached out to China to talk tariffs, state media says

BEIJING: The Trump administration has approached China seeking talks on U.S. President Donald Trump’s singling...

Published 01 May, 2025 11:29am

Business & Finance

US tariffs would take percentage point off Dutch economic growth, CPB says

AMSTERDAM: The sweeping trade tariffs announced by U.S. President Donald Trump would reduce economic growth in the...

Published 01 May, 2025 11:24am

Opinion

Volatility in gold prices likely to persist

The world has become increasingly aware of the economic repercussions caused by tariffs, which have unsettled global...

Updated 28 Apr, 2025 07:57am

World

Bessent defends ‘strategic uncertainty’ of Trump tariffs

WASHINGTON: US Treasury Secretary Scott Bessent on Sunday defended President Donald Trump’s tumultuous tariff policy...

Published 27 Apr, 2025 09:22pm

World

China foreign minister says US tariffs show ‘extreme egoism’

HONG KONG: China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed...

Published 26 Apr, 2025 11:12am

World

Beijing accuses Washington of ‘misleading the public’ about trade talks

BEIJING: China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff...

Updated 25 Apr, 2025 09:28pm

World

China exempts some goods from US tariffs to limit trade war pain

China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need...

Published 25 Apr, 2025 04:22pm

Business & Finance

Asian central banks have space to ease rates to mitigate US tariff hit, IMF says

WASHINGTON: Many Asian central banks have room to ease monetary policy to cushion the blow to their economies from...

Published 24 Apr, 2025 06:51pm

World

China pushes for tariff cancellation to end US trade war

BEIJING: China called for all “unilateral” U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump...

Published 24 Apr, 2025 05:29pm

World

White House would consider cutting China tariffs as part of talks, source says

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a...

Updated 23 Apr, 2025 08:37pm

Business & Finance

Hyundai Steel’s $6 bln US investment draws investor ire, tests Seoul’s tariff strategy

SEOUL: In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a...

Published 23 Apr, 2025 07:45am

Opinion

Pakistan and the new economic chess board

Winston Churchill once remarked, “The further back you look, the further forward you are likely to see.” The...

Published 23 Apr, 2025 06:19am

Business & Finance

IMF expects no global recession

WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions ...

Published 18 Apr, 2025 05:52am

Business & Finance

World Bank urges developing states to lower tariffs, focus on regional trade

WASHINGTON: World Bank President Ajay Banga urged developing countries on Wednesday to liberalize trade, saying many...

Published 17 Apr, 2025 05:42am

World

Trump jumps in on tariff talks with Japanese officials

Move underlines US president's eagerness to oversee negotiations triggered by his barrage of tariffs on global imports

Published 16 Apr, 2025 08:30pm

Business & Finance

BOJ to cut growth forecast as US tariffs hit, sources say

TOKYO: The Bank of Japan is set to cut its economic growth forecasts at its April 30-May 1 policy meeting as U.S....

Published 16 Apr, 2025 02:58pm

World

China says ‘not afraid to fight’ trade war with US

BEIJING: China warned Wednesday it was “not afraid” to fight a trade war with the United States and reiterated calls...

Published 16 Apr, 2025 01:33pm

World

Japan set to kick off tariff talks in Washington

WASHINGTON/TOKYO: Japan is set to begin face-to-face tariff negotiations with the United States on Wednesday, one of...

Published 16 Apr, 2025 01:12pm

World

Trump says cost of almost all products including gasoline going down

U.S. President Donald Trump said late on Tuesday that the cost of all products including gasoline and groceries have...

Published 16 Apr, 2025 10:08am

Business & Finance

Apple airlifted iPhones worth a record $2 billion from India in March as Trump tariffs loomed

NEW DELHI: Apple’s main India suppliers Foxconn and Tata shipped nearly $2 billion worth of iPhones to the United...

Published 15 Apr, 2025 08:04pm

World

US policy on stablecoins more dangerous than tariffs, Italian minister says

ROME: US policy on stablecoins offers European citizens an attractive payment method for cross-border transactions...

Published 15 Apr, 2025 04:44pm

Business & Finance

Trade tensions can lead to stock market crashes: IMF

WASHINGTON: Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices,...

Published 15 Apr, 2025 05:54am

Markets

OPEC cuts global oil demand growth forecasts

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Published 15 Apr, 2025 05:54am

Markets

Global tech shares gain on US tariff exemptions, but uncertainty remains

Big Tech shares had slumped in past two weeks

Published 14 Apr, 2025 09:44pm

World

EU tariffs on US goods suspended until July 14

BRUSSELS: The EU’s retaliatory tariffs on US goods worth 21 billion euros will be on hold until July 14, Brussels...

Published 14 Apr, 2025 09:00pm

Markets

OPEC cuts global oil demand growth forecasts, citing US tariffs

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Published 14 Apr, 2025 06:23pm

Business & Finance

Trump trade war has put US ‘close to a recession’: Dalio

NEW YORK: Ray Dalio, billionaire founder of one of the world’s largest hedge funds, said on Sunday that President...

Published 14 Apr, 2025 05:20am

World

Trump spares smartphones, computers, other electronics from China tariffs

WASHINGTON: President Donald Trump’s administration granted exclusions from steep reciprocal tariffs to smartphones,...

Updated 13 Apr, 2025 08:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Cotton US¢/pound / Jun 14	67.84
Petrol/Litre / Jun 15	253.63
Diesel/Litre / Jun 15	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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