Trends - Red Sea - Business Recorder

Red Sea

Houthis say they attacked three ships in Red Sea, Arabian Sea

CAIRO: Yemen’s Iran-allied Houthis said they had launched attacks on three ships in the Red Sea and the Arabian ...

Published 07 Jun, 2024 06:24am

World

Yemen’s Houthis say they launched two operations against ships at Israel’s Haifa port

DUBAI: Yemen’s Houthi group said on Thursday it launched two joint military operations with the Iraqi Islamic...

Published 06 Jun, 2024 06:17pm

Markets

South Korea’s NOFI bought about 60,000 T feed wheat in private deal, say traders

HAMBURG: Leading South Korean animal feed group Nonghyup Feed Inc. (NOFI) purchased around 60,000 metric tons of...

Published 03 Jun, 2024 12:06pm

World

US military says it destroyed Houthi drone, missiles in Red Sea

WASHINGTON: A drone and two missiles launched by Yemen’s Houthi rebels were shot down Saturday in two separate...

Updated 02 Jun, 2024 10:24pm

World

Yemen’s Houthis say they launched attack on US aircraft carrier Eisenhower in Red Sea

DUBAI: Yemen’s Houthis launched a missile attack in the direction of the US aircraft carrier Eisenhower in the Red...

Published 31 May, 2024 06:59pm

World

US, UK air strikes on Yemen kill 14: Houthi TV

SANAA: The United States and Britain carried out air strikes on Yemen in what they said was a bid to degrade...

Published 31 May, 2024 12:06pm

World

Yemen’s Houthis target six ships in three seas

DUBAI: Yemen’s Houthis targeted six ships in three different seas, including the Marshall Islands-flagged bulk...

Published 29 May, 2024 06:49pm

World

Australia to ban controversial live sheep exports by sea from May 2028

SYDNEY: Australia’s government said on Saturday it would ban live sheep exports from the country by sea from May...

Published 11 May, 2024 10:10am

World

Italy's navy downs drone headed for Red Sea merchant vessel: ministry

ROME: An Italian navy frigate shot down a drone in the Red Sea headed in the direction of an escorted merchant ship,...

Published 29 Apr, 2024 11:46pm

World

US forces engage six Houthi unmanned aerial vehicles over southern Red Sea

US forces engaged six Houthi unmanned aerial vehicles (UAV) over the southern Red Sea after the group launched four...

Updated 24 Mar, 2024 09:31pm

World

Antony Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman

MANILA: US Secretary of State Antony Blinken will travel to Saudi Arabia and Egypt this week to discuss efforts to...

Updated 19 Mar, 2024 01:28pm

BR Research

Oil prices in for a surge?

International oil prices have hovered and remained steady over the last month only to be triggered by some recent...

Published 19 Mar, 2024 09:03am

Markets

Inventory builds, Red Sea concerns pressure Asia diesel margins: Russell

LAUNCESTON: The profit margin for making diesel in Asia is coming under sustained pressure from a glut of supplies...

Published 18 Mar, 2024 12:49pm

Markets

South Korea bought 125,000 T feed wheat from US, optional origins

HAMBURG: South Korea’s Major Feedmill Group (MFG) purchased about 125,000 metric tons of animal feed wheat in...

Published 18 Mar, 2024 12:12pm

World

Hamas presents ceasefire proposal detailing exchange of hostages, prisoners

DUBAI: Hamas has presented a Gaza ceasefire proposal to mediators and the US that includes the release of Israeli...

Updated 15 Mar, 2024 03:17pm

Business & Finance

Hapag-Lloyd to seek cost cuts after profit slump

FRANKFURT: German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a...

Published 15 Mar, 2024 04:14am

World

Houthi missiles fired at ship in Red Sea, US military says

CAIRO: Yemen’s Houthi group fired missiles at a Liberian-flagged container ship in the Red Sea but did not hit the...

Updated 12 Mar, 2024 06:07pm

Ship sunk by Houthi strike poses environmental risk: US military

ADEN, (Yemen): A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the US military...

Updated 04 Mar, 2024 09:39am

World

US aircraft, coalition ship shoot down five Houthi attack drones in Red Sea

CAIRO: The US Central Command (CENTCOM) said US aircraft and a coalition warship on Feb. 27 shot down five one-way...

Published 28 Feb, 2024 12:09pm

World

UK exporters hit by Red Sea disruption: survey

LONDON: More than half of British exporters are suffering from disruption arising from attacks by Yemen’s Huthi...

Published 27 Feb, 2024 03:06am

World

Iran says US-British strikes on Yemen ‘escalate tensions’

TEHRAN: Iran condemned on Sunday the latest strikes by the United States and Britain on Yemen, saying they were...

Published 25 Feb, 2024 05:25pm

World

US downs three Houthi drones, strikes anti-ship missiles

WASHINGTON: American forces shot down three attack drones near commercial ships in the Red Sea Friday and destroyed...

Updated 24 Feb, 2024 04:10pm

Business & Finance

Red Sea is temporary issue, can reach CIS countries through Pakistan: CEO Dubai’s DP World

Naturally, there are disturbances and noises but trade is resilient, says Sultan bin Sulayem

Updated 23 Feb, 2024 10:07pm

World

Houthis to escalate Red Sea strikes, use ‘submarine weapons’

DUBAI/ADEN/LONDON: Yemen’s Iran-backed Houthis will escalate their attacks on ships in the Red Sea and other ...

Published 23 Feb, 2024 06:36am

World

Red Sea ballistic missile attacks trigger Asian interest in defences

SINGAPORE: The use of anti-ship ballistic missiles (ASBMs) in the Red Sea has spurred interest in Asia about the...

Published 22 Feb, 2024 06:55am

Markets

Oil steady as investors weigh US rate cut outlook with Middle East tensions

LONDON: Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations...

Updated 21 Feb, 2024 08:57pm

World

French navy downs two drones over Red Sea

PARIS: The French navy has shot down two drones over the Red Sea where Yemen’s Houthi rebels have been attacking...

Published 21 Feb, 2024 05:29am

World

'Israeli' ship targeted by Houthis is Liberia-flagged, says Ambrey

CAIRO: British maritime security firm Ambrey said that a container ship targeted by Yemen's Houthis on Tuesday was...

Published 20 Feb, 2024 11:54pm

World

EU launches Red Sea mission as US ship attacked twice

DUBAI: The European Union launched a naval mission on Monday to protect Red Sea shipping from Yemen’s Huthi rebels...

Published 20 Feb, 2024 03:09am

Markets

Red Sea disruptions to limit products to customers in long term

RAS LAFFAN: QatarEnergy Chief Saad al-Kaabi said on Monday Red Sea shipping disruptions would limit the arrival of...

Published 19 Feb, 2024 01:49pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 7	278.25
USD PKR Interbank Buying / Jun 7	278.05
USD to Japanese Yen / Jun 7	155.68
USD to Swiss Franc / Jun 7	0.89
Pound Sterling to USD / Jun 7	1.28
Euro to USD / Jun 7	1.09

Stock	Volume
S&P 500 / Jun 6	5352.96
Nasdaq / Jun 6	17173.12
Dow Jones / Jun 6	38886.17
India Sensex / Jun 7	75946.91
Tokyo Nikkei / Jun 7	38621.49
Hang Seng / Jun 7	18347.09
FTSE 100 / Jun 7	8256.87
Germany DAX 30 / Jun 7	18571.03

Item	Value
Petrol/Litre / Jun 7	268.36
Crude Oil USD/Barrel / Jun 7	75.78
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Gold 10 Grams PKR / Jun 7	208333
Gold Spot USD/Ounce / Jun 7	2380.23
Diesel/Litre / Jun 7	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Red Sea

Most Popular