Trends - US government - Business Recorder

US government

June budget deficit falls to $174bn

WASHINGTON: The US government posted a June deficit of $174 billion, about a fifth of the June 2020 deficit of $864...

Published 14 Jul, 2021 03:59am

Markets

Oil prices rise after big draw in US crude, gasoline stocks

• Russia mediating in bid to rescue OPEC+ deal NEW YORK: Oil prices rose on Thursday, rebounding from early ...

Published 09 Jul, 2021 04:25am

Opinion

Biden seeks to turn debacle in Afghanistan to victory at home

The US pullout from the Pentagon’s once mighty Bagram Air Base in the dead of night, while Taliban fighters pour...

Published 08 Jul, 2021 04:22am

Markets

US MIDDAY: Corn, soya, wheat futures climb

CHICAGO: Chicago Board of Trade corn and soyabean futures rose to their highest since mid-June on Thursday, with...

Published 02 Jul, 2021 04:19am

Markets

US refining capacity shrinks 4.5pc as pandemic shuts plants

HOUSTON: US refining capacity last year fell 4.5% to 18.13 million barrels per day (bpd) from a record 18.98 million...

Published 27 Jun, 2021 03:56am

World

Washington unveils plan to combat domestic terrorism

The Biden administration wants first to improve information sharing on extremist groups or individuals at the federal and local level.

Published 15 Jun, 2021 04:23pm

World

US hostage recovery efforts better but can be improved: report

"Increased support is needed to obtain proof of life of hostages and detainees, retrieve their remains, secure accountability and deter future hostage-taking," it said.

Published 09 Jun, 2021 10:32am

World

US recovers over half of ransom paid to pipeline hackers

After the JBS attack, last week US President Joe Biden said he was "looking closely" at possible retaliation over the cyberattacks.

Published 08 Jun, 2021 10:40am

World

US says it will no longer seize reporters' records in leak probes

"All reporters involved have now been notified."

Published 06 Jun, 2021 11:01am

World

Digital tax dispute: US suspends tariffs on UK, India, European nations

WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India...

Published 03 Jun, 2021 04:13am

Markets

EU wheat eases, rapeseed hits new high

PARIS: Euronext wheat edged lower on Wednesday as cereal markets consolidated after a recent rally and traders...

Published 13 May, 2021 03:10am

World

Surge in insider attacks in Afghan army as Americans prepare to go: US govt

Some contractors are crucial to keeping the Afghan military's aircraft flying, the report noted.

Published 30 Apr, 2021 10:42am

US sanctions Russia, Moscow reacts angrily

WASHINGTON/MOSCOW: The United States on Thursday imposed a broad array of sanctions on Russia, including curbs to ...

Published 16 Apr, 2021 03:40am

World

Convicted Pakistani-American businessman worked for US intelligence agency: Report

Zuberi was sentenced to 12 years in prison for tax evasion, foreign-influence peddling, and campaign finance violations
The Pakistani-American businessman was also involved in a major political fundraiser for American leaders like Barack Obama, Hillary Clinton, Donald Trump, Joe Biden, and Kamala Harris

Updated 11 Apr, 2021 02:42pm

US restricts trade with Chinese supercomputers centres

WASHINGTON: The United States on Thursday restricted trade with top Chinese supercomputing centers, saying that...

Published 09 Apr, 2021 04:51am

Markets

Cotton futures dive more than 3pc

NEW YORK: ICE cotton futures slumped more than 3% on Thursday as a US government report showed a sharp slide in...

Published 02 Apr, 2021 04:58am

Markets

US MIDDAY: Corn climbs; soya, wheat up

CHICAGO: US corn futures rose 2% to a one-week high on Monday, recovering from overnight weakness after a US...

Published 16 Mar, 2021 04:43am

World

Daughter of Mexican drug kingpin pleads guilty in US court

WASHINGTON: The daughter of a powerful Mexican drug kingpin pleaded guilty in a US court Friday to financial ...

Published 14 Mar, 2021 04:13am

US blocked Myanmar junta bid to empty $1bn NY Fed account

WASHINGTON: Myanmar's military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New ...

Published 06 Mar, 2021 05:01am

Markets

CBOT corn lower after export sales hit eight-month low

CHICAGO: Chicago Board of Trade corn futures closed lower on Thursday, pressured by a disappointing export report...

Published 27 Feb, 2021 04:29am

Business & Finance

US to buy at least 100,000 doses of Lilly's COVID-19 antibody therapy

The US government will have the option to purchase up to an additional 1.1 million doses through Nov. 25, the company said.
United States had already agreed to buy 1.45 million doses of bamlanivimab alone, Lilly said.

Published 26 Feb, 2021 06:33pm

World

7.7-magnitude earthquake strikes in South Pacific

NOUMEA: A 7.7-magnitude earthquake struck in the South Pacific on Thursday, generating a tsunami that threatened...

Updated 11 Feb, 2021 09:36am

Markets

EU wheat steadies

PARIS: Euronext wheat futures were little changed on Friday as traders continued to assess the potential impact of...

Published 06 Feb, 2021 04:06am

World

Judge dismisses Walmart's lawsuit seeking clarity over opioids

In a decision on Thursday night, US District Judge Sean Jordan said the government had not waived its sovereign immunity from being sued. The judge said that as a result, he lacked jurisdiction over the case.

Published 05 Feb, 2021 07:36pm

World

US names new Iran envoy, policy hawks cry foul

WASHINGTON: The new US government has named Rob Malley, an architect of the 2015 nuclear deal with Iran, as its...

Published 30 Jan, 2021 03:55am

World

Enough Covid vaccine for 300mn Americans by end of summer/early fall: Biden

"More than 400,000 Americans have already died," he said. "This is a war-time undertaking. It's not hyperbole."

Published 27 Jan, 2021 11:43am

World

US goal to squeeze more Covid shots from Pfizer vials hampered by syringe production

NEW YORK: The world’s largest syringe maker does not have the capacity to substantially increase US supplies of...

Published 26 Jan, 2021 05:05am

World

Google threatens to block Australians over media law

SYDNEY: Google threatened Friday to block Australians from using its search service unless the government changed...

Published 24 Jan, 2021 03:32am

World

Biden, Trudeau to collaborate on vaccines, medical supplies

OTTAWA: Canada’s Justin Trudeau and US President Joe Biden agreed to meet next month, the prime minister’s ...

Updated 24 Jan, 2021 10:20am

Business & Finance

Under govt pressure, big US lenders rush to launch more pandemic loans

WASHINGTON: The US government is pressuring large lenders to go live this week with another round of a key federal...

Published 20 Jan, 2021 04:29am

Gainers
Losers
Leaders

Stock	Price
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
S.G. Power Ltd. / Jul 29 S.G. Power Limited(SGPL)	4.96 ▲ 0.54 (12.22%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
Sardar Chemical / Jul 29 Sardar Chemical Industries Limited(SARC)	38.19 ▲ 2.66 (7.49%)
Maqbool Tex. / Jul 29 Maqbool Textile Mills Limited(MQTM)	35.78 ▲ 2.49 (7.48%)
Shahtaj Sug. / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	57.03 ▲ 3.97 (7.48%)
Sapphire Fib. / Jul 29 Sapphire Fibres Limited(SFL)	924.00 ▲ 64.00 (7.44%)
Leiner Gelatine / Jul 29 Leiner Pak Gelatine Limited(LPGL)	26.61 ▲ 1.84 (7.43%)

Stock	Price
SME Leasing Ltd. / Jul 29 SME Leasing Limited(SLL)	2.97 ▲ -0.97 (-24.62%)
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Saudi Pak Leas. / Jul 29 Saudi Pak Leasing Company Limited(SPLC)	2.35 ▲ -0.24 (-9.27%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)
TPL Ins. / Jul 29 TPL Insurance Limited(TPLI)	37.35 ▲ -2.99 (-7.41%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.71 ▲ -5.19 (-7.32%)
K.S.B. Pumps / Jul 29 KSB Pumps Company Limited(KSBP)	225.00 ▲ -16.99 (-7.02%)
First AL-Noor Mod. / Jul 29 First Al-Noor Modaraba(FANM)	3.50 ▲ -0.25 (-6.67%)
Tri-Star / Jul 29 Tri-Star Mutual Fund Limited(TSMF)	6.25 ▲ -0.43 (-6.44%)

Stock	Volume
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	37,356,500 ▼ 0.00
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	35,096,000 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	11,821,254 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	7,065,500 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	6,536,000 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	5,864,500 ▼ 0.00
TRG Pakistan / Jul 29 TRG Pakistan Limited(TRG)	5,856,031 ▼ 0.00
Telecard Ltd. / Jul 29 Telecard Limited(TELE)	5,461,000 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	5,208,000 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	5,144,379 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

US government

June budget deficit falls to $174bn

Oil prices rise after big draw in US crude, gasoline stocks

Biden seeks to turn debacle in Afghanistan to victory at home

US MIDDAY: Corn, soya, wheat futures climb

US refining capacity shrinks 4.5pc as pandemic shuts plants

Washington unveils plan to combat domestic terrorism

US hostage recovery efforts better but can be improved: report

US recovers over half of ransom paid to pipeline hackers

US says it will no longer seize reporters' records in leak probes

Digital tax dispute: US suspends tariffs on UK, India, European nations

EU wheat eases, rapeseed hits new high

Surge in insider attacks in Afghan army as Americans prepare to go: US govt

US sanctions Russia, Moscow reacts angrily

Convicted Pakistani-American businessman worked for US intelligence agency: Report

US restricts trade with Chinese supercomputers centres

Cotton futures dive more than 3pc

US MIDDAY: Corn climbs; soya, wheat up

Daughter of Mexican drug kingpin pleads guilty in US court

US blocked Myanmar junta bid to empty $1bn NY Fed account

CBOT corn lower after export sales hit eight-month low

US to buy at least 100,000 doses of Lilly's COVID-19 antibody therapy

7.7-magnitude earthquake strikes in South Pacific

EU wheat steadies

Judge dismisses Walmart's lawsuit seeking clarity over opioids

US names new Iran envoy, policy hawks cry foul

Enough Covid vaccine for 300mn Americans by end of summer/early fall: Biden

US goal to squeeze more Covid shots from Pfizer vials hampered by syringe production

Google threatens to block Australians over media law

Biden, Trudeau to collaborate on vaccines, medical supplies

Under govt pressure, big US lenders rush to launch more pandemic loans

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