Trends - US sanctions - Business Recorder

US sanctions

Iran opens oil export terminal outside strategic strait

TEHRAN: Iran has opened its first oil export terminal that does not require tankers to pass through the Strait of...

Published 24 Jul, 2021 05:38am

World

Rouhani says hopes Iran's next govt can conclude nuclear talks

"The work was ready" to be done, the moderate Rouhani said

Updated 14 Jul, 2021 04:50pm

Pakistan

‘Saudi-Iran rapprochement essential for peace in region’

ISLAMABAD: Saudi-Iran rapprochement is essential for lasting peace in the region marred by an increased spate of...

Published 01 Jul, 2021 04:10am

Markets

Oil settles up near 3-year highs on signs of demand growth

• OPEC+ meeting on July 1 could ease output curbs further NEW YORK: Oil prices steadied on Thursday, holding ...

Published 25 Jun, 2021 04:20am

Markets

Oil climbs as draw in US crude stocks boosts optimism about demand

US crude, gasoline stockpiles slump last week
Iran says U.S. to lift oil sanctions, U.S. says nothing agreed
OPEC+ meeting on July 1 set to discuss further easing of curbs

Published 24 Jun, 2021 08:33am

World

US seizes Iranian state news websites

WASHINGTON: US law enforcement seized control of the websites of two Iranian state-controlled news groups, Press TV...

Published 23 Jun, 2021 04:26am

World

Raisi calls for effective nuclear talks, rules out Biden meet

TEHRAN: Iran’s President-elect Ebrahim Raisi said on Monday he will not allow nuclear negotiations for the sake of...

Published 22 Jun, 2021 04:46am

Markets

Oil rallies on weaker dollar and Iran supply uncertainty

• Pick-up in northern hemisphere travel boosts prices NEW YORK: Oil prices soared on Monday, gaining on a pause ...

Published 22 Jun, 2021 04:46am

World

Erdogan congraulates Iran's Raisi for election win

"Stating my belief that cooperation between our two countries will strengthen during your presidency, I am ready to work together with you," Erdogan said.

Published 19 Jun, 2021 07:44pm

World

Iran opens presidential vote with ultraconservative tipped to win

Tehran blacksmith Abolfazl told AFP of his disappointment as a patriot who took part in the 1979 revolution.

Published 18 Jun, 2021 09:27am

World

Protests erupt in Sudan after petrol subsidy cuts

KHARTOUM: Sudanese blocked streets in Khartoum with burning tyres Thursday to protest a government's decision...

Published 11 Jun, 2021 03:41am

World

Iran mired in economic pain as presidential vote nears

"We don't make any plans, we just live from day to day," said Mahnaz, a 30-year-old saleswoman in a Tehran beauty products shop, summing up the glum mood.

Published 10 Jun, 2021 10:25am

World

Blinken says 'hundreds' of US sanctions to remain on Iran

Blinken reiterated support for returning to the nuclear accord, with which UN inspectors said Iran was complying before Trump pulled out the United States.

Published 08 Jun, 2021 09:19pm

Markets

Putin urges Europe to pay for gas in euros, not dollars

SAINT PETERSBURG: President Vladimir Putin said Friday that European nations should pay for Russian gas in euros, as...

Published 05 Jun, 2021 04:08am

Markets

Oil rises as demand hopes bolster sentiment

NEW YORK: Oil rose more than 1% on Monday as Chinese economic figures and US vaccination rates pointed to a strong...

Published 04 May, 2021 04:26am

Business & Finance

Indian refiner Reliance's March oil imports down 10.3pc y/y

The March imports, at about 1.12 million barrels per day, were 10.8% above the previous month, the data showed.
Reliance shipped in about 11% of its imports from Latin America, compared with 43% a year ago, as the private refiner has stopped buying Venezuelan oil under pressure from US sanctions, the data showed.

Published 03 May, 2021 05:18pm

Opinion

Huawei deepens dive into EVs, seeks control of small automaker

China’s Huawei Technologies is in talks to take control of a small domestic automaker’s electric vehicle unit,...

Published 01 May, 2021 03:28am

Business & Finance

Huawei first-quarter sales drop 16.5pc as US sanctions bite

Huawei said it generated first-quarter revenue of 152.2 billion yuan ($23.4 billion) and attributed the drop to a decline in consumer revenue as the result of offloading a smart device brand.

Published 28 Apr, 2021 04:42pm

Technology

Huawei first-quarter sales drop 16.5% as US sanctions bite

So far, not much has changed on that front.

Published 28 Apr, 2021 01:55pm

Editorials

An Ajam-Arab thaw?

EDITORIAL: Things seem to be changing pretty fast in the Middle East. First the United Arab Emirates (UAE) led a...

Published 22 Apr, 2021 03:55am

US sanctions Pak firm, six nationals for 'meddling' in 2020 elections

WASHINGTON: The US Treasury Department has imposed sanctions on a Pakistan-based company and six individuals for...

Published 18 Apr, 2021 03:09am

World

New US sanctions won't 'help' Putin-Biden summit plans: Kremlin

Dmitry Peskov said that it will be up to Putin and Biden to decide whether the summit will still go ahead.

Published 15 Apr, 2021 05:10pm

World

Cuba loosens ban on cattle slaughter, sales of beef, dairy

HAVANA: Cuba announced that it was loosening a decades-old ban on the slaughter of cattle and sale of beef and dairy...

Updated 15 Apr, 2021 10:09am

World

Iran's Rouhani says Vienna talks open 'new chapter'

The US delegation has set up at a different hotel in Vienna, with EU negotiators acting as go-betweens.

Updated 08 Apr, 2021 05:03pm

Iranian POL products: There’s no ban on import, NA panel told

ISLAMABAD: The Federal Board of Revenue (FBR) Member Inland Revenue Operations (Customs), Tariq Huda Wednesday...

Published 08 Apr, 2021 04:10am

World

Iran's Rouhani says Vienna talks open 'new chapter'

The talks are to resume in Vienna on Friday, a diplomat familiar with the discussions said.

Published 07 Apr, 2021 04:37pm

Iran rejects ‘step-by-step’ lifting of US sanctions

PARIS: Iran wants the United States to lift all sanctions and rejects any "step-by-step" easing of restrictions, the...

Updated 04 Apr, 2021 05:46pm

World

Involved in Nord Stream 2: US warns entities to ‘immediately abandon work’

WASHINGTON: US Secretary of State Antony Blinken called Thursday for "any entity involved" in the controversial Nord...

Updated 19 Mar, 2021 09:35am

World

US sanctions complicate Syria's return to Arab League: UAE

Abdullah said it was an issue that "should be part of dialogue we address clearly with our friends in the United States".

Published 09 Mar, 2021 08:19pm

World

Mali, Emirates facilitated Venezuelan gold trade in 2020, opposition says

The gold was refined in Mali and then resold primarily in the United Arab Emirates (UAE) to allow for Maduro's administration to obtain the equivalent of at least $1 billion in euros in particular.
We are requesting that US and European authorities make their system for dismantling these types of organized crime groups more sophisticated.

Updated 04 Mar, 2021 09:53pm

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 8 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 8 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 8 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 8 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 8 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 8 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 8 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 8 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 8 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 8 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 8 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 8 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 8 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 8 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 8 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 8 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 8 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 8 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 8 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 8 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 8 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 8 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 8 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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