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Russian gas

Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank

MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion...

Published 05 Jul, 2023 06:00am

World

Nord Stream sabotage probe turns to clues inside Poland: WSJ

German investigators are examining evidence suggesting a sabotage team used Poland as an operating base to damage...

Published 10 Jun, 2023 10:14am

World

Does China need more Russian gas via the Power-of-Siberia 2 pipeline?

SINGAPORE: Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which...

Published 31 Mar, 2023 06:45am

Markets

EU countries seek legal option to stop Russian LNG imports

BRUSSELS: European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending...

Published 30 Mar, 2023 08:17am

Markets

China holds ‘upper hand’ in Russian gas exports

BEIJING: A massive new gas pipeline to China could help reduce Russia’s reliance on European buyers, but analysts...

Published 27 Mar, 2023 07:15am

Russia wants Chinese businesses to replace Western firms

MOSCOW: Moscow is ready to help Chinese businesses replace Western firms that have left Russia over the Ukraine...

Updated 22 Mar, 2023 09:05am

IEA warns of tighter energy supply next winter

BERLIN: International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as...

Updated 20 Feb, 2023 08:52am

Markets

US has questions to answer over Nord Stream explosions: Russia

MOSCOW: Russia’s foreign ministry said on Wednesday the United States had questions to answer over its role in...

Published 09 Feb, 2023 07:05am

World

Uzbekistan to import Russian gas for first time

TASHKENT: Uzbekistan will import natural gas from Russia for the first time ever as the Central Asian country faces...

Published 26 Jan, 2023 05:43pm

Pakistan

Government has to increase gas prices: Minister of State for Petroleum

Musadik Malik says gas being sold at unsustainable rates

Updated 17 Jan, 2023 05:51pm

Markets

Europe will return to Russian gas, says Qatar energy boss

ABU DHABI: European countries will eventually resume higher imports of Russian gas, Qatar’s energy minister and ...

Published 15 Jan, 2023 04:01am

World

EU leaders tackle discord over support for industry, Russia sanctions

BRUSSELS: European Union leaders met on Thursday to try and resolve some of their outstanding disagreements before...

Published 15 Dec, 2022 06:24pm

Markets

Russian oil sold to India below price cap in buyers’ market

NEW DELHI: Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on...

Published 14 Dec, 2022 09:12pm

World

Erdogan backs Turkmen gas link easing dependence on Russia

ISTANBUL: Turkish President Recep Tayyip Erdogan on Wednesday backed the creation of a new natural gas pipeline that...

Published 14 Dec, 2022 05:24pm

Markets

Russia’s oil exports rose but revenue fell ahead of price cap: IEA

LONDON: Global oil demand growth will slow next year but will still be at a robust 1.7% as China recovers from...

Published 14 Dec, 2022 05:10pm

World

EU agrees €20bn boost for energy funding to quit Russian gas

BRUSSELS: The European Union will raise an extra 20 billion euros from its carbon market for investments to help end...

Published 14 Dec, 2022 04:38pm

Europe can do without Russian gas: IEA

PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has...

Published 13 Dec, 2022 05:58am

Opinion

Bankers pour cold water on red hot coal

It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of decline,...

Published 25 Nov, 2022 05:48am

Germany allows Chinese stake in Hamburg port

BERLIN: The German cabinet allowed China’s Cosco to buy a stake in a terminal in the country’s largest port on...

Updated 27 Oct, 2022 09:50am

World

Italy’s ENI ready to pay guarantee to unblock Russian gas

MILAN: Italian giant Eni said Monday it is ready to provide a 20-million-euro guarantee to restart deliveries of...

Published 03 Oct, 2022 07:53pm

World

Russia suspends gas to Italy after ‘problem’ in Austria

ROME: Russia’s Gazprom has suspended gas deliveries to Italy’s Eni, blaming a transport problem in Austria, the...

Published 02 Oct, 2022 05:48am

World

G7 rejects Russia’s ‘purported annexations’

BERLIN: Group of Seven foreign ministers said on Friday they would “never recognise” Russia’s annexation of four...

Published 30 Sep, 2022 09:20pm

World

Putin set to proclaim annexation of seized Ukrainian territory on Friday

LONDON: President Vladimir Putin will sign formal documents on Friday proclaiming Russia's annexation of four...

Published 29 Sep, 2022 06:04pm

Business & Finance

Gazprom says group’s first half core earnings more than doubled to $53bn

MOSCOW: Russian gas giant Gazprom Group’s earnings before interest, taxes, depreciation and amortisation more than...

Published 27 Sep, 2022 04:17pm

Opinion

Winds of change shift Germany’s economic power northwards

Germany’s wet and windswept north has long lacked the economic appeal of the industrial south but the green...

Published 13 Sep, 2022 06:12am

Markets

EU to propose price cap on Russian gas, von der Leyen says

BRUSSELS: The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory...

Published 07 Sep, 2022 04:47pm

Markets

Putin says Russia to stop supplying energy if Western price caps imposed

VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed...

Published 07 Sep, 2022 04:43pm

Markets

China to pay for Russian gas in yuan, rubles: Gazprom

MOSCOW: Russia’s energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan...

Published 07 Sep, 2022 04:13am

Business & Finance

Euro plunges to new 20-year low after Russian gas halt

LONDON: The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main...

Published 06 Sep, 2022 04:08am

Markets

A cap on Russian oil prices? G7 eyes untried, risky plan

NEW YORK: Capping the price of Russian oil, an approach G7 members said Friday they want to pursue “urgently,” would...

Published 04 Sep, 2022 11:06am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▲ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	60,699,742 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▲ 0.00
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▲ 0.00
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▲ 0.00
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	6,620,348 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	6,049,235 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	5,287,550 ▲ 0.00
Fauji Foods Ltd / Oct 4 Fauji Foods Limited(FFL)	4,971,746 ▲ 0.00
Shell Pakistan / Oct 4 Shell Pakistan Limited(SHEL)	4,181,253 ▲ 0.00
Citi Pharma Ltd / Oct 4 Citi Pharma Ltd.(CPHL)	3,645,729 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.26
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Tokyo Nikkei / Oct 3	30636.50
Nasdaq / Oct 3	13059.47
Hang Seng / Oct 3	17196.07
FTSE 100 / Oct 3	7470.16
Dow Jones / Oct 3	33002.38
Germany DAX 30 / Oct 3	15085.21
France CAC40 / Oct 3	6997.05

Item	Value
Crude Oil USD/Barrel / Oct 3	89.19
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Gold Spot USD/Ounce / Oct 3	1821.11
Cotton US¢/pound / Oct 3	87.32

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