Trends - trade war - Business Recorder

trade war

ECB cuts rates, promises agility in face of trade war uncertainty

FRANKFURT: The European Central Bank cut interest rates for the seventh time in a year on Thursday, looking to prop...

Published 17 Apr, 2025 07:33pm

Opinion

Tariff turbulence: risks and opportunities in Trump’s trade war

Trump’s tariffs have jolted the world. Their impact on global value chains could be similar to what COVID-19 had....

Updated 14 Apr, 2025 06:46am

World

Trump plans separate levy on exempted electronics amid trade war, US official says

Beijing increased its own tariffs on US imports to 125% on Friday, striking against Trump’s tariffs

Published 13 Apr, 2025 11:07pm

World

EU halts counter-tariffs but no pause in US-China trade war

BRUSSELS: The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly...

Published 10 Apr, 2025 06:34pm

World

EU seeks unity in first strike back at Trump tariffs

European Union likely to approve first set of targeted countermeasures on up to $28 billion of US imports from dental floss to diamonds

Updated 06 Apr, 2025 07:27pm

Markets

Trump’s trade war: a challenge with an opportunity for Pakistan textiles

Trump’s tariff hike sent shockwaves through global trade on Thursday, raising concerns among industries worldwide....

Updated 03 Apr, 2025 10:28pm

World

Rubio meets Canadian FM as Ukraine, trade war dominate G7

CHARLEVOIX: US Secretary of State Marco Rubio met his Canadian counterpart Thursday as part of the highest-level US...

Published 13 Mar, 2025 08:01pm

Opinion

Textbook Trump uncertainty

Sounds crazy, but at first markets really thought Trump was bluffing about upending the global trade and tariff...

Updated 13 Mar, 2025 07:20am

Markets

Indian benchmark indexes on six-day losing run on trade war

MUMBAI: India’s benchmark indexes extended their losing run to the sixth straight session on Wednesday due to ...

Published 13 Feb, 2025 06:52am

World

EU, Canada and Mexico condemn Trump move to hike steel, aluminium tariffs

US president raises tariff rate on aluminium to 25%

Published 11 Feb, 2025 10:44pm

Markets

Trump raises tariffs on aluminum, steel imports in latest trade war salvo

WASHINGTON: President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat...

Published 11 Feb, 2025 08:33am

Perspectives

US vs. the world: there are no winners in a trade war

Donald Trump’s trade war has begun. Over the weekend Trump unveiled sweeping tariffs on Canada, Mexico and China,...

Updated 04 Feb, 2025 11:08pm

World

Trump pauses Mexico tariffs as last-ditch Canada talks continue

No breakthrough yet in negotiations with Canada

Updated 03 Feb, 2025 10:38pm

World

EU leaders vow to hit back if Trump triggers trade war

BRUSSELS: EU leaders meeting in Brussels Monday warned there would be no winners in a trade war with the United...

Published 03 Feb, 2025 05:28pm

Opinion

The Trump trade wars

US President Donald Trump has formally agreed to impose 25 percent tariffs on Canada and Mexico and 10 percent...

Published 03 Feb, 2025 06:41am

Business & Finance

Trade war would weigh on Europe’s already weak outlook, ECB warns

LONDON: Euro zone growth may be weaker than earlier thought and fresh barriers to global trade could lead to a...

Published 07 Nov, 2024 06:16am

World

Geopolitical fragmentation could cut global growth by 2%: IMF

Research finds growing geopolitical tensions causing reallocation of FDI away from countries that are geographically close and towards those that are geopolitically close

Published 05 Apr, 2023 07:22pm

Trade war with China could cost Germany six times as much as Brexit: Ifo

Automotive industry, manufacturers of transport equipment, mechanical engineering sectors to be biggest losers of trade war

Updated 11 Aug, 2022 10:39am

Editorials

Missing the bus

EDITORIAL: It seems Pakistan is not going to benefit from the great relocation of China’s labour-intensive...

Published 23 Jul, 2022 04:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 17	142.33
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.33
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 17	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 17	64.68
Karachi Cotton PKR/37.32 KG / Apr 17	16,985
Gold 10 Grams PKR / Apr 17	300,068
Gold Spot USD/Ounce / Apr 17	3,326.85
Cotton US¢/pound / Apr 17	67.13
Petrol/Litre / Apr 19	254.63
Diesel/Litre / Apr 19	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.45 ▲ 1 (40.82%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.37 ▲ 1 (10.67%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
S.S.Oil / Apr 18 S.S.Oil Mills Limited(SSOM)	269.05 ▲ 24.46 (10%)
Pak Gulf Leasing / Apr 18 Pak-Gulf Leasing Company Limited(PGLC)	24.08 ▲ 2.19 (10%)
Indus Dyeing / Apr 18 Indus Dyeing & Manufacturing Co. Limited(IDYM)	129.98 ▲ 11.82 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.58 ▼ -0.49 (-45.79%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.80 ▼ -1.37 (-19.11%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.20 ▼ -8.62 (-17.3%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.90 ▼ -0.94 (-13.74%)
Tariq Corp.Pref. / Apr 18 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.40 ▼ -0.89 (-10.74%)
Crescent Fib. / Apr 18 Crescent Fibres Limited(CFL)	45.25 ▼ -5 (-9.95%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.26 ▼ -1.22 (-9.78%)
Idrees Tex. / Apr 18 Idrees Textile Mills Limited(IDRT)	17.20 ▼ -1.85 (-9.71%)
Suraj Cotton / Apr 18 Suraj Cotton Mills Limited(SURC)	119.01 ▼ -12.62 (-9.59%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.65 ▼ -1.32 (-9.45%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,207,702 ▲ 1.49
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,924,422 ▲ 0.19
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,825,989 ▲ 0.07
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,207,672 ▼ -0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,780,505 ▲ 0.93
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,578,802 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,988,493 ▼ -0.53
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,338,304 ▼ -5.73
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,054,335 ▼ -0.49
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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