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Mitsubishi

ROI-Coking coal miners caught between India’s surging demand, Australia’s taxes

Published 05 Jul, 2026 02:44am

LAUNCESTON, (Australia): Miners of coking coal in top exporter Australia face the dilemma of balancing expectations...

CCP clears Liberty Daharki Power’s stake in EPCL from Mitsubishi

Published 07 May, 2026 02:13am

ISLAMABAD: The Competition Commission of Pakistan has approved the acquisition of shareholding in Engro Polymers and...

Mohsin Ali Mangi appointed MD & CEO of Pakistan Refinery Limited

Published 12 Mar, 2026 12:31pm

Mohsin Ali Mangi has been appointed as the Managing Director and Chief Executive Officer (CEO) of Pakistan Refinery...

Platinum set for biggest monthly gain in 39 years

Published 31 Dec, 2025 05:54am

NEW YORK: Platinum prices are on track for their strongest monthly rally in nearly four decades in December, fuelled...

Mitsubishi hiking prices on new US vehicles by average of 2.1%

Published 17 Jun, 2025 08:54pm

WASHINGTON: Mitsubishi Motors said Tuesday it is hiking prices of U.S. vehicles by 2.1% on average, the latest...

Mitsubishi plans to invest $27 billion over next 3 years to drive growth

Published 03 Apr, 2025 10:40am

TOKYO: Japanese trading house Mitsubishi Corp said on Thursday it planned to invest at least 4 trillion yen ($27...

Japan’s Nikkei ends nearly flat

Published 28 Feb, 2024 06:10am

TOKYO: Japan’s Nikkei share average closed nearly flat on Tuesday, giving up most of its early gains as investors...

Tokyo shares extend record gains

Published 27 Feb, 2024 03:06am

TOKYO: Tokyo stocks built on recent gains Monday after Wall Street hit fresh all-time highs and Japan’s benchmark...

Nissan, Mitsubishi still plan investment in Renault EV unit

Published 06 Dec, 2023 01:49pm

PARIS: Renault’s long-standing partners Nissan and Mitsubishi still intend to invest in the French car maker’s...

Mitsubishi Motors to end production in China

Published 25 Oct, 2023 06:19am

TOKYO: Japan’s Mitsubishi Motors will end production in China, the company said on Tuesday, after failing to keep...

Mitsubishi raises profit forecast on higher coal, LNG prices

Published 08 Nov, 2022 05:56pm

TOKYO: Mitsubishi Corp on Tuesday raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7...

Musk’s banks may have a way to cut losses from Twitter deal

Published 12 Oct, 2022 05:46am

NEW YORK: Elon Musk’s banks, faced with huge losses on their commitment to finance the $44 billion buyout of...

Ukraine enlists public in push for high-tech ‘Army of Drones’

Published 17 Jul, 2022 05:19am

In an undulating expanse of grassland at the city limits, a pick-up truck kicks up dust as it hurtles downhill, its...

Oil prices fall on fears of aggressive Fed rate hike

Published 11 Feb, 2022 12:39am

Oil prices fell on Thursday despite forecasts for a steeper rise in energy demand, with crude turning negative on...

Revisiting the supply chain

Published 27 Jan, 2022 04:05am

Covid-19 has upended the supply chain! Time for a revisit. In the 1960s, it was called the “Purchase...

Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

Published 24 Jan, 2022 06:50am

TOKYO: Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop...

Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

Published 23 Jan, 2022 08:06pm

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric...

Gas to be provided only during meal times, Senate told

Updated 13 Nov, 2021 12:59pm

Hammad Azhar says government is trying to provide gas to both domestic and industrial consumers

White gold gamble: Togo turns to private sector for cotton revival

Published 01 Jul, 2021 04:09am

LOME: In a bold but contested strategy, the West African state of Togo has bet heavily on the private sector to...

Packages, Mitsubishi finalise price for Tri-Pack stake

Published 17 May, 2021 10:47am

As per JV agreement between the parties, the company has first right of refusal to purchase the entire shareholding of Mitsubishi Corporation.

Japanese shares rise as strong U.S. job data lifts sentiment, index heavyweights advance

Published 05 Apr, 2021 08:41am

The Nikkei share average advanced 0.82pc to 30,097.50 by 0157 GMT, while the broader Topix rose 0.5pc to 1,981.53.

Packages Limited mulls to grab further stake of Tri-Pack

Published 13 Feb, 2021 10:45am

“As per JV agreement between the parties, the company has first right of refusal to purchase the entire shareholding of Mitsubishi Corporation,” stated Packages Limited.

Indonesia to give tax incentives for sales of some cars

Published 12 Feb, 2021 10:52am

The automakers association Gaikindo had previously been pushing the government for months for tax breaks to entice buyers.

Toyota, Mitsubishi Elec win share of Japan's $2.4bn subsidies for bringing manufacturing home

Published 20 Nov, 2020 04:21pm

Mitsubishi Electric has agreed to buy part of a plant in western Japan from Sharp Corp to produce power management chips.

Mitsubishi Motors to cut 500-600 jobs to reduce costs: sources

Published 26 Sep, 2020 10:14am

The auto company is expected to post a net loss of 360 billion yen in the financial year to March 2021, hurt by a plunge in sales due in part to the coronavirus pandemic.

Mitsubishi UFJ Lease to buy Hitachi Capital in deal worth $2.8bn

Published 24 Sep, 2020 04:22pm

Japanese business magazine Diamond reported the transaction earlier on Thursday.

Mitsubishi Motors hits all-time low as ASEAN sales dive raise recovery doubts

Published 28 Jul, 2020 10:21am

The automaker has bet on growth in Indonesia, Philippines, Thailand and Vietnam where it has dominated bigger rivals, and which have felt the brunt of the coronavirus pandemic later than China and other developed countries.

Mitsubishi Heavy says in talks to acquire Mitsui E&S ship business

Published 12 Jun, 2020 04:36pm

Mitsubishi Heavy, Japan's biggest defence company, better compete for naval contracts. It could also mark a tentative step towards consolidation among Japan's numerous military equipment makers.

Mitsubishi Elec to acquire plant from Sharp to boost EV power chip output

Published 11 Jun, 2020 06:15pm

Mitsubishi, a major supplier of such chips to Toyota Motor Corp, said it would invest about 20 billion yen ($187 million) to acquire two idled facilities at Sharp's chip plant and launch production lines there.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 6	277.92
USD PKR Interbank Buying / Aug 6	277.72
USD to Japanese Yen / Aug 7	158.34
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.15
SOFR % / Aug 6	3.66

Stock	Volume
S&P 500 / Aug 6	7,709.96
Nasdaq / Aug 6	26,348.35
Dow Jones / Aug 6	53,885.10
India Sensex / Aug 7	78,518.11
Tokyo Nikkei / Aug 7	65,039.16
Hang Seng / Aug 7	25,530.59
FTSE 100 / Aug 7	10,887.21
Germany DAX 30 / Aug 7	26,278.17
France CAC40 / Aug 7	8,720.34

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 6	18,580
Gold 10 Grams PKR / Aug 6	385,147
Petrol/Litre / Aug 7	329.82
Crude Oil USD/Barrel / Aug 7	77.91
Gold Spot USD/Ounce / Aug 7	4,291.19
Diesel/Litre / Aug 7	382.36
Cotton US¢/pound / Aug 7	83.50

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.65 ▲ 2.15 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Mughal Energy / Aug 7 Mughal Energy Limited(GEM)(GEMMEL)	29.92 ▲ 2.72 (10%)

Stock	Price
Azgard Nine (Non-Voti) / Aug 7 Azgard Nine (Non-Voti)(ANLNV)	7.30 ▼ -0.68 (-8.52%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.40 ▼ -3.59 (-7.81%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.68 ▼ -1.57 (-7.75%)
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	163 ▼ -12.99 (-7.38%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	53 ▼ -3.74 (-6.59%)
JS Investments / Aug 7 JS Investments Limited(JSIL)	43.11 ▼ -2.87 (-6.24%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	340.50 ▼ -21.59 (-5.96%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.50 ▼ -1.1 (-5.91%)
First Imrooz Mod. / Aug 7 First Imrooz Modaraba(FIMM)	200 ▼ -11.98 (-5.65%)
Paramount Spinning / Aug 7 Paramount Spinning Mills Limited(PASM)	10.84 ▼ -0.53 (-4.66%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	160,375,761 ▲ 0.94
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	51,877,276 ▲ 0.54
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,213,917 ▲ 0.36
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,000,093 ▲ 0.27
Nishat ChunPow / Aug 7 Nishat Chunian Power Limited(NCPL)	18,203,069 ▲ 0.44
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,132,818 ▼ -0.38
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,115,408 ▼ -0.37
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,678,550 ▲ 0.32
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,519,587 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,461,383 ▼ -0.89

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