Trends - sanctions - Business Recorder

sanctions

Myanmar generals under renewed pressure after G7 condemnation, sanctions

Mandalay saw a more sombre crowd at the funeral of Thet Naing Win, a 37-year-old man shot and killed Saturday when security forces opened fire into a crowd of anti-coup protesters.

Published 23 Feb, 2021 05:03pm

World

EU adds 19 Venezuelan officials to sanctions blacklist

The move brings to 55 the total number of members of President Nicolas Maduro's regime to be slapped with asset freezes and travel bans by the bloc.

Published 22 Feb, 2021 04:56pm

Violations of AML/ CFT/CPF regulations: FIs allowed to file pleas within 120 days of sanctions

KARACHI: The State Bank of Pakistan (SBP) has allowed financial institutions for filing of appeal within 120 days of...

Published 13 Feb, 2021 04:11am

Technology

Twitter sees jump in user base

SAN FRANCISCO: Twitter said Tuesday its user base jumped to 192 million in the quarter marked by US presidential...

Published 12 Feb, 2021 04:54am

Business & Finance

Nigeria's banks barred from cryptocurrency transactions

LAGOS: Nigeria's banks and financial institutions are barred from dealing in or facilitating transactions in...

Published 06 Feb, 2021 04:06am

Myanmar military widens coup dragnet

YANGON: Hundreds of teachers and students protested at a Myanmar university Friday as the military widened a dragnet...

Published 06 Feb, 2021 04:06am

World

Suu Kyi's party demands her release as Myanmar generals tighten grip

The party of Myanmar’s detained elected leader Aung San Suu Kyi called on Tuesday for her immediate release and for the junta to recognise her victory in November elections, a day after a military coup sparked global outrage.
The United States threatened to reimpose sanctions on Myanmar’s generals after they seized power and arrested Suu Kyi and dozens of her allies in dawn raids on Monday.

Published 02 Feb, 2021 03:16pm

World

Hong Kong govt slams US for ‘insane’ sanctions

HONG KONG: Hong Kong on Saturday hit back at the United States over its latest sanctions on six pro-China officials,...

Updated 17 Jan, 2021 09:41am

World

Hong Kong government slams US for 'insane' sanctions

Three Hong Kong security officials were also hit by the sanctions, which restrict any US transactions with them.

Published 16 Jan, 2021 05:50pm

World

U.S. hits Iran with fresh sanctions as Trump term nears end

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company.
This move sought to deprive Iran of revenues as U.S. President Donald Trump’s term winds down.

Published 06 Jan, 2021 11:00am

World

Senate Investigation reveals Obama Administration knowingly funnelled aid funds to terrorist affiliate

The Obama Administration sent public funds to a non-profit humanitarian agency, which improperly transacted with an organization that had previously been sanctioned over its ties to terrorist groups.
The probe revealed that World Vision funnelled rough $5 million to Maktab al-Khidamat, the predecessor to Al-Qaeda; adding that insufficient vetting practices led to such dangerous levels of ignorance.

Updated 02 Jan, 2021 03:52pm

World

China completes maiden flight for passenger jet, challenging global aviation giants

Using the Chinese-made ARJ-21, the nation's main aircraft maker seeks to bolster the utilisation of domestically produced planes, in an effort to compete with international aviation behemoths such as Airbus and Boeing.
China seeks to leverage the nation's massive aviation network and growing domestic market to gain a larger chunk of the global aviation services industry.

Updated 31 Dec, 2020 12:23pm

World

US authorizes sanctions for China Dalai Lama meddling

Beijing said in January that the act "grossly interferes in China's internal affairs" after the House of Representatives passed it 392-22.

Published 28 Dec, 2020 08:00pm

World

Iran says U.S. approved its funds transfer to buy COVID vaccines

Iran has won U.S. approval to transfer funds for coronavirus vaccines from overseas, the central bank chief said on Thursday, as its daily death toll fell to a three-month low.
Hemmati said Iran would pay around $244 million for initial imports of 16.8 million doses of vaccines from COVAX, a multi-agency group dedicated to assuring fair access to vaccines for low- and middle-income countries.

Published 25 Dec, 2020 07:05pm

World

Turkey says will not turn back on Russian S-400S purchase despite sanctions

Turkey will not turn back on its purchase of Russian S-400 missile defence systems and will take reciprocal steps after evaluating U.S. sanctions imposed over the acquisition.
President Tayyip Erdogan said on Wednesday the sanctions were a “hostile attack” against Turkey’s defence industry, and they were bound to fail.

Published 17 Dec, 2020 05:05pm

World

US imposes sanctions on Turkey for purchasing Russian S-400 missile system

As of today, the United States is imposing sanctions on the Republic of Turkey's Presidency of Defense Industries (SSB), under the auspices of the "Countering America's Adversaries Through Sanctions Act" (CAATSA).
These sanctions are predicated on Turkey's main defense procurement entity knowingly engaging in a significant transaction with Rosoboronexport (ROE), Russia’s main arms export body, by procuring the S-400 surface-to-air missile system.

Updated 15 Dec, 2020 01:42pm

World

Exclusive: U.S. set to sanction Turkey over Russian defense system - sources

Two sources familiar with the matter, including a U.S. official speaking on the condition of anonymity, said President Donald Trump had given aides the blessing for the sanctions.

Published 11 Dec, 2020 09:37am

World

Pakistan gets U.S. Presidential waiver to avoid sanctions on religious freedom

United States Secretary of State Michael 'Mike' Pompeo has issued a Presidential waiver for Pakistan, exempting it from any subsequent sanctions that follow a country's designation as a violator of religious freedom.
Furthermore, Pakistan also pointed out that "the glaring omission of India, where the RSS-BJP regime and their leaders openly disregard religious freedom and discriminate against minorities communities in an institutional manner".

Updated 10 Dec, 2020 07:41pm

World

U.S. blacklists Iranian envoy, possibly to pressure Yemen's Houthis

The United Nations is trying to revive peace talks stalled since late 2018 to end a war that has been in a military deadlock for years, with the Houthis holding the capital, Sanaa, and most big urban centers.

Published 09 Dec, 2020 10:02am

World

European powers rebuke Iran after uranium enrichment announcement

France, Germany and Britain said on Monday that they were alarmed by an Iranian announcement that it intended to expand its nuclear programme.
The powers further stated that this move was also incompatible with the accord and Iran’s wider non-proliferation commitments.

Published 07 Dec, 2020 03:47pm

World

China says firmly opposes US interference in its domestic affairs

If the United States insists on going down the wrong path, China will continue to take firm counter measures to safeguard its sovereignty and security, Hua Chunying, a spokeswoman with the foreign ministry told a briefing.

Published 07 Dec, 2020 01:58pm

World

China leads UN call for US to end 'coercive' sanctions

The statement was signed by China, Russia, North Korea and other countries against which the United States has placed punishing sanctions.

Published 06 Oct, 2020 02:13am

Pakistan

Pakistan sanctions Taliban to avoid being blacklisted by FATF

The orders were made public on late Friday at a time when Taliban are in the middle of US-led peace process in the neighboring country.

Updated 22 Aug, 2020 06:09pm

World

US imposes sanctions on teenage son of Syrian leader Assad

The United States has already imposed sanctions on Bashar al-Assad and his wife Asma.

Published 30 Jul, 2020 02:33am

World

Trump signs sanctions law over China treatment of Uighurs

The United States would freeze any assets the officials hold in the world's largest economy and ban their entry into the country.

Published 18 Jun, 2020 04:01am

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Feb 26 First Punjab Modaraba(FPJM)	3.80 ▲ 0.60 (18.75%)
Ghazi Fab. / Feb 26 Ghazi Fabrics International Limited(GFIL)	7.07 ▲ 0.97 (15.90%)
Quetta Textile / Feb 26 Quetta Textile Mills Limited(QUET)	9.99 ▲ 0.99 (11.00%)
Dawood Equities / Feb 26 Dawood Equities Limited(DEL)	7.48 ▲ 0.70 (10.32%)
Dolmen City REIT / Feb 26 Dolmen City REIT(DCR)	10.88 ▲ 0.89 (8.91%)
B.R.R. Mod. / Feb 26 B.R.R. Guardian Modaraba(BRR)	12.40 ▲ 1.00 (8.77%)
Saritow Sp. / Feb 26 Saritow Spinning Mills Limited(SSML)	12.65 ▲ 1.00 (8.58%)
ECOPACK / Feb 26 Ecopack Limited(ECOP)	39.42 ▲ 2.75 (7.50%)
Shield Corp. / Feb 26 Shield Corporation Limited(SCL)	389.67 ▲ 27.18 (7.50%)
S. S. Oil / Feb 26 S.S.Oil Mills Limited(SSOM)	86.00 ▲ 6.00 (7.50%)

Stock	Price
TPL Corp / Feb 26 TPL Corp Limited(TPL)	7.21 ▲ -0.98 (-11.97%)
Ist Paramount / Feb 26 First Paramount Modaraba(FPRM)	5.20 ▲ -0.59 (-10.19%)
Invest Cap. Bank / Feb 26 Invest Capital Investment Bank Limited(ICIBL)	3.29 ▲ -0.30 (-8.36%)
Kohinoor Sp. / Feb 26 Kohinoor Spinning Mills Limited(KOSM)	3.97 ▲ -0.34 (-7.89%)
AKD Capital Ltd / Feb 26 AKD Capital Limited(AKDCL)	431.05 ▲ -34.95 (-7.50%)
Arpak Int. / Feb 26 Arpak International Investments Ltd.(ARPAK)	86.60 ▲ -7.02 (-7.50%)
Tata Textile / Feb 26 Tata Textile Mills Limited(TATM)	70.30 ▲ -5.70 (-7.50%)
Jubilee Gen. Ins. / Feb 26 Jubilee General Insurance Limited(JGICL)	45.60 ▲ -3.69 (-7.49%)
Pak Datacom Ltd / Feb 26 Pak Datacom Limited(PAKD)	114.18 ▲ -9.25 (-7.49%)
Shahtaj Sug. / Feb 26 Shahtaj Sugar Mills Limited(SHJS)	62.90 ▲ -5.09 (-7.49%)

Stock	Volume
Unity Foods / Feb 26 Unity Foods Limited(UNITY)	44,559,057 ▼ 0.00
Telecard / Feb 26 Telecard Limited(TELE)	36,652,000 ▼ 0.00
TRG Pak. / Feb 26 TRG Pakistan Limited(TRG)	32,422,387 ▼ 0.00
Byco Petr. / Feb 26 Byco Petroleum Pakistan Limited(BYCO)	25,492,500 ▼ 0.00
Hum Network / Feb 26 Hum Network Limited(HUMNL)	15,607,000 ▼ 0.00
Pakistan Refinery / Feb 26 Pakistan Refinery Limited(PRL)	14,997,500 ▼ 0.00
Hascol Petroleum / Feb 26 Hascol Petroleum Limited(HASCOL)	13,597,737 ▼ 0.00
Lotte Chemical / Feb 26 Lotte Chemical Pakistan Limited(LOTCHEM)	13,225,500 ▼ 0.00
Pak Int.Bulk Ter / Feb 26 Pakistan International Bulk Terminal Limited(PIBTL)	12,328,500 ▼ 0.00
Maple Leaf / Feb 26 Maple Leaf Cement Factory Limited(MLCF)	11,717,702 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 26	158.40
USD PKR Interbank Buying / Feb 26	158.30
USD to Japanese Yen / Feb 26	106.37
USD to Swiss Franc / Feb 26	0.91
Pound Sterling to USD / Feb 26	1.40
Euro to USD / Feb 26	1.22
UK LIBOR % / Feb 26	0.08

Stock	Volume
S&P 500 / Feb 26	3829.34
India Sensex / Feb 26	51039.31
Tokyo Nikkei / Feb 26	30168.27
Nasdaq / Feb 26	13119.43
Hang Seng / Feb 26	30074.17
FTSE 100 / Feb 26	6651.96
Dow Jones / Feb 26	31402.01
Germany DAX 30 / Feb 26	13879.33
France CAC40 / Feb 26	5783.89

Item	Value
Crude Oil / Feb 26	63.56
Karachi Cotton Assoc. / Feb 26	12000.00
Gold 10 Grams / Feb 26	94564.00
Gold Spot / Feb 26	1769.20
Cotton / Feb 26	89.69

sanctions

Myanmar generals under renewed pressure after G7 condemnation, sanctions

EU adds 19 Venezuelan officials to sanctions blacklist

Violations of AML/ CFT/CPF regulations: FIs allowed to file pleas within 120 days of sanctions

Twitter sees jump in user base

Nigeria's banks barred from cryptocurrency transactions

Myanmar military widens coup dragnet

Suu Kyi's party demands her release as Myanmar generals tighten grip

Hong Kong govt slams US for ‘insane’ sanctions

Hong Kong government slams US for 'insane' sanctions

U.S. hits Iran with fresh sanctions as Trump term nears end

Senate Investigation reveals Obama Administration knowingly funnelled aid funds to terrorist affiliate

China completes maiden flight for passenger jet, challenging global aviation giants

US authorizes sanctions for China Dalai Lama meddling

Iran says U.S. approved its funds transfer to buy COVID vaccines

Turkey says will not turn back on Russian S-400S purchase despite sanctions

US imposes sanctions on Turkey for purchasing Russian S-400 missile system

Exclusive: U.S. set to sanction Turkey over Russian defense system - sources

Pakistan gets U.S. Presidential waiver to avoid sanctions on religious freedom

U.S. blacklists Iranian envoy, possibly to pressure Yemen's Houthis

European powers rebuke Iran after uranium enrichment announcement

China says firmly opposes US interference in its domestic affairs

China leads UN call for US to end 'coercive' sanctions

Pakistan sanctions Taliban to avoid being blacklisted by FATF

US imposes sanctions on teenage son of Syrian leader Assad

Trump signs sanctions law over China treatment of Uighurs

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