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US companies

Raimondo warns China patience of US business is ‘wearing thin’

WASHINGTON: US Commerce Secretary Gina Raimondo warned China in interviews broadcast on Sunday that the patience of...

Published 04 Sep, 2023 06:21am

World

Yellen criticizes China’s ‘punitive’ actions against US companies, urges market reforms

BEIJING: U.S. Treasury Secretary Janet Yellen called on Friday for market reforms in China and criticized the...

Published 07 Jul, 2023 07:37pm

Business & Finance

US firms face more pain as likely ‘earnings recession’ looms

NEW YORK: US companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor...

Published 20 Feb, 2023 06:26am

World

China sanctions Lockheed Martin over Taiwan arms sales

BEIJING: China on Thursday put Lockheed Martin Corp and Raytheon Technologies Corp on an “unreliable entities...

Published 17 Feb, 2023 06:00am

Opinion

Dollar’s gyrations raise hedging costs for US companies

Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten...

Published 07 Feb, 2023 06:57am

Business & Finance

Global 2023 earnings growth: Recession, rate hikes seen jamming brakes

NEW YORK/LONDON: Corporate earnings growth is expected to slow in the year ahead in many countries as higher...

Published 21 Dec, 2022 06:05am

Markets

Wall Street Week Ahead: Megacap earnings to test fledgling US stock rebound

NEW YORK: Earnings reports from the four biggest US companies by market capitalization in the coming week may test a...

Published 24 Oct, 2022 06:59am

Markets

Wall Street Week Ahead: After steep decline, US small caps tempt investors with cheap valuations

NEW YORK: Shares of smaller US companies are outpacing a rally in the broader equity market as they draw investors...

Published 01 Aug, 2022 05:54am

Pakistan

Ambassador Masood Khan meets Texas Governor Greg Abbott

AUSTIN (Texas): Texas and Pakistan would explore close cooperation in the areas of petroleum, agriculture, ...

Published 30 Jun, 2022 06:07am

Business & Finance

CEO-worker pay gap jumps in 2021 at low-wage US companies

LONDON: The pay gap between workers and CEOs at 300 publicly listed US companies with the lowest median wage jumped...

Published 07 Jun, 2022 10:18am

Opinion

Corruption in Central America frustrates US plan to tackle migration ‘root causes’

More than a year into US President Joe Biden’s sweeping effort to tackle the “root causes” of migration with...

Published 04 Jun, 2022 04:18am

Business & Finance

US companies eye more consumer pushback as inflation toll mounts

NEW YORK: Prices on household goods have been rising for months in the United States, souring the national mood but...

Published 15 May, 2022 11:24am

Opinion

Pressure mounts on US companies in Russia

As a growing list of US multinational businesses — from Apple to Levi’s — suspend activities in Russia, some...

Published 09 Mar, 2022 06:44am

World

Omicron scrambles anew US firms' in-person aspirations

NEW YORK: Major US companies are having to reassess their return-to-office plans and getting tough on vaccine or ...

Published 19 Dec, 2021 10:15am

World

More US companies require employees to be vaccinated

NEW YORK: From Wall Street to Silicon Valley, slaughterhouses to airlines, more American firms are demanding their...

Published 08 Aug, 2021 03:38am

Pakistan

PBIT, US embassy agree to create JWG

LAHORE: Punjab Board of Investment & Trade (PBIT) and US embassy in Pakistan have agreed upon forming a joint...

Published 25 Jun, 2021 04:20am

Electricity demand grows 20pc: Azhar

ISLAMABAD: Federal Minister for Energy Hammad Azhar said 20 percent growth in demand of electricity has been...

Published 22 Jun, 2021 04:46am

Business & Finance

India's Cipla says supply of COVID-19 drug remdesivir catching up with demand

Backorders and complaints over low supply started moderating in the second week of May, the drugmaker said, after it began ramping up production of the antiviral drug last month.
Future supply of the drug will also depend on the course of the pandemic in India but "manufacturing is no longer the bottleneck," Upadhye said.

Published 15 May, 2021 06:02pm

Markets

Wall Street week ahead: Blow-out US earnings suggest market has room to run

NEW YORK: US companies are leaping above expectations on first-quarter earnings, giving investors stronger...

Published 03 May, 2021 04:39am

Opinion

As small-cap stocks lag, Wall Street worries about broad slowdown

An historic rally in share prices for smaller US companies has slowed sharply in April after six months of strong...

Published 27 Apr, 2021 03:02am

Business & Finance

International support grows for raising taxes to fund recovery

"Destructive tax competition will only end when enough major economies stop undercutting one another and agree to a global minimum tax," US Treasury Secretary Janet Yellen said.

Updated 08 Apr, 2021 07:33pm

Opinion

Millennials and global consumers push US companies to get political

A push to attract young and diverse talent and global consumers is behind some of corporate America’s willingness...

Published 03 Apr, 2021 03:41am

World

Rise in US weekly jobless claims belies improving labor market conditions

Weekly jobless claims increase 61,000 to 719,000.
Planned layoffs fall 11% to 30,603 in March.
Manufacturing activity accelerates in March.

Published 01 Apr, 2021 09:26pm

Technology

Huawei listed anew as threat to US national security

SAN FRANCISCO: US regulators on Friday listed Huawei among Chinese telecom gear firms deemed a threat to national...

Updated 14 Mar, 2021 10:30am

Business & Finance

US lobby group urges India not to tighten foreign e-commerce rules

India considers e-commerce foreign investment rule changes.
Possibility of changes alarms Amazon and Walmart.
US lobby group urges India to keep rules unchanged.
Indian traders have called for more stringent policies.

Published 29 Jan, 2021 08:51pm

World

Biden seeks to reinforce 'Made in America' approach favored by Trump

The new executive order should reduce the possibility of skirting rules requiring federal authorities to prioritize buying US-made products.

Published 25 Jan, 2021 05:11pm

Pakistan

Pakistan discusses energy related matters with US authorities

The minister gave an overview of Pakistan's Energy sector and the present government's earnest endeavours in reforming the country’s energy sector.

Published 22 Dec, 2020 01:25am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Dec 6 Trust Modaraba(TRSM)	2.16 ▲ 0.60 (38.46%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	4 ▲ 1.00 (33.33%)
Treet Corp. (R) / Dec 6 Treet Corporation Limited (R)(TREETR2)	4.14 ▲ 0.76 (22.49%)
LSE Propetech / Dec 6 LSE Propetech Limited(LSEPL)	4.55 ▲ 0.79 (21.01%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	6.51 ▲ 1.00 (18.15%)
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	6.69 ▲ 1.00 (17.57%)
HBL Invest Fund / Dec 6 HBL Investment Fund(HIFA)	3.80 ▲ 0.49 (14.80%)
LSE Ventures / Dec 6 LSE Ventures Limited(LSEVL)	5.57 ▲ 0.71 (14.61%)
F. Nat.Equities / Dec 6 First National Equities Limited(FNEL)	6.70 ▲ 0.80 (13.56%)
Redco Textile / Dec 6 Redco Textiles Limited(REDCO)	6.90 ▲ 0.80 (13.11%)

Stock	Price
Dar-es-Salaam / Dec 6 Dar-es-Salaam Textile Mills Limited(DSML)	7.51 ▼ -0.74 (-8.97%)
Ist.Dawood Bank / Dec 6 First Dawood Investment Bank Limited(FDIBL)	2.30 ▼ -0.19 (-7.63%)
Kohat Textile / Dec 6 Kohat Textile Mills Limited(KOHTM)	19.81 ▼ -1.61 (-7.52%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	208.72 ▼ -16.92 (-7.50%)
Shadman Cotton / Dec 6 Shadman Cotton Mills Limited(SHCM)	14.42 ▼ -1.17 (-7.50%)
Land Mark Spinning / Dec 6 Landmark Spinning Industries Limited(LMSM)	16.47 ▼ -1.33 (-7.47%)
SME Leasing Ltd / Dec 6 SME Leasing Limited(SLL)	1.90 ▼ -0.15 (-7.32%)
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.47 ▼ -0.40 (-6.81%)
Suraj Cotton / Dec 6 Suraj Cotton Mills Limited(SURC)	136.50 ▼ -9.50 (-6.51%)
J.K.Spinning / Dec 6 J.K. Spinning Mills Limited(JKSM)	44 ▼ -3.00 (-6.38%)

Stock	Volume
K-Electric Ltd. / Dec 6 K-Electric Limited(KEL)	143,393,681 ▲ 0.16
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.05
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	56,884,642 ▲ 0.02
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	54,169,500 ▲ 1.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.84
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.06
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.03
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	35,317,902 ▲ 0.99
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▼ -0.61
The Searle Co. / Dec 6 The Searle Company Limited(SEARL)	28,673,613 ▲ 3.11

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
Dow Jones / Dec 5	36124.56
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33445.90
Hang Seng / Dec 6	16427.53
FTSE 100 / Dec 6	7516.04
Germany DAX 30 / Dec 6	16541.49
France CAC40 / Dec 6	7392.44

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

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