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US trade

US, Japan strike trade deal on electric vehicle battery minerals

WASHINGTON: The United States and Japan on Tuesday announced a trade deal on electric vehicle battery minerals that...

Published 28 Mar, 2023 12:18pm

Business & Finance

US trade deficit widens in 2022

WASHINGTON: The US trade gap widened to a record in 2022, though expanding less than expected in December, ...

Published 08 Feb, 2023 06:10am

Opinion

US trade shifts on Covid and China tensions, but no ‘decoupling’ yet

US trade flows are realigning on the back of pandemic shocks and tensions with China, but efforts to reduce...

Published 30 Jan, 2023 05:56am

Business & Finance

US trade shifts on Covid and China tensions, but no ‘decoupling’ yet

WASHINGTON: US trade flows are realigning on the back of pandemic shocks and tensions with China, but efforts to...

Published 29 Jan, 2023 12:07pm

World

US trade deficit widens in September as imports rise

WASHINGTON: The US trade gap widened in September after five straight months of decline, government data showed...

Published 03 Nov, 2022 06:42pm

World

US trade deficit narrows in August on further imports drop

WASHINGTON: The US trade gap declined for a fifth straight month in August as imports, including oil, fell further,...

Published 05 Oct, 2022 06:50pm

World

UK’s new PM vows billions in Ukraine aid, admits US trade talks off

LONDON: Britain’s new Prime Minister Liz Truss on Tuesday vowed billions more in financial and military aid to...

Published 21 Sep, 2022 05:57am

Opinion

Wuxi Biologics takes step to getting off US ‘unverified’ trade list

Wuxi Biologics, a Chinese company that makes ingredients for AstraZeneca’s COVID-19 vaccine, may be a step closer...

Published 06 Jul, 2022 05:35am

World

Record trade deficit weighs on U.S. economy in first quarter

WASHINGTON: The U.S. economy contracted in the first quarter amid a record trade deficit, the government confirmed...

Published 29 Jun, 2022 07:07pm

Business & Finance

US trade officials to consider tariffs on solar imports from Southeast Asia

CHICAGO: US trade officials on Monday said they will launch an investigation into whether to impose tariffs on solar...

Published 29 Mar, 2022 05:49am

World

EU ready to look at North American-style metals arrangement with US, trade chief says

WASHINGTON: The European Union is ready to look at solutions to its steel and aluminum trade dispute with the United...

Published 28 Sep, 2021 09:22pm

Markets

Soybeans up 5-20 cents, wheat up 1-3 cents, corn down 3-4 cents

CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board ...

Published 11 Aug, 2021 04:27am

Markets

US MIDDAY: Corn down 6-7 cents, wheat down 5-7 cents, soyabeans down 3-7 cents

CHICAGO: Following are US trade expectations for the opening of grain and soy complex trading at the Chicago Board ...

Published 10 Aug, 2021 04:39am

Markets

Soya up 6-10 cents, corn steady/up 2 cents, wheat up 12-16 cents

CHICAGO: Following are US trade expectations for the opening of grain and soya complex trading at the Chicago Board...

Published 29 Jul, 2021 04:48am

World

UK PM claims 'common ground' with EU, Biden on N Ireland

CARBIS BAY, (United Kingdom): British Prime Minister Boris Johnson on Thursday insisted there was "common ground"...

Published 11 Jun, 2021 03:41am

Business & Finance

Dollar at 4-month low in Europe

LONDON: The dollar hit its lowest level in four months on Friday and was set to notch a modest weekly drop as...

Published 22 May, 2021 04:05am

Business & Finance

China steps on protecting technology ‘fall short’: USTR

WASHINGTON: China has taken initial steps to improve protection of US know-how under the “Phase One” trade pact,...

Published 01 May, 2021 03:28am

Markets

Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents

CBOT wheat gained overnight, boosted by strength in corn and soybeans as concerns over dryness in Europe and US spring wheat planting regions continue to provide support.
CBOT's most-active wheat contract climbed above its 100-day moving average overnight, nearing its 50-day moving average of $6.40.

Published 14 Apr, 2021 06:19pm

Markets

Soy up 4-7 cents, wheat up 3-5 cents, corn up 2-4 cents

CBOT wheat lifted overnight, supported by multiple international grain tenders signalling strong demand.
US spring wheat was noted as 11% planted, compared to 3% a week ago, the USDA said.

Published 13 Apr, 2021 07:05pm

Markets

Soy up 12-15 cents, corn mixed, wheat steady-up 3 cents

Benchmark soft red winter wheat futures firming on some concerns about crop health in parts of Midwest after cold snap late last week.
Forecasts for rain in southern US Plains pressure hard red winter wheat while spring wheat supported by dry soils in northern US Plains.

Published 05 Apr, 2021 08:22pm

World

Irish foreign minister says UK guilty of 'perverse nationalism' over US trade

This idea that Britain can get there first is narrow minded thinking, frankly. It's a perverse nationalism when actually Britain and the EU should work together as partners.
It has reinforced an awful lot of the doubts in Brussels about whether or not this really is a British government we can rely on to be a trusted partner when it comes to implementing what has already been agreed.

Updated 13 Mar, 2021 09:09pm

Markets

Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents

CBOT wheat hovered near even overnight after a 1.5% drop Thursday, pressured by beneficial rains expected across the US Southern Plains.
China is scooping up supplies of US white wheat to feed livestock, pushing export forecasts for the grain usually used to make sponge cakes and noodles to a 27-year-high.

Published 12 Mar, 2021 09:14pm

World

US trade gap soars to $679 bn in 2020: govt

*The gap with China in goods trade narrowed by $34.4 billion to $310.8 billion last year, on a modest gain in exports and a small decline in imports, the Commerce Department reported.

Published 05 Feb, 2021 11:56pm

Markets

Wheat down 3-4 cents, corn up 1-3 cents, soy down 4-5 cents

Wheat futures turn lower, retreating from early strength, awaiting market direction. Strength in corn lends support.
The US Agriculture Department confirmed private sales of 125,730 tonnes of US corn to Mexico and another 110,000 tonnes to Japan.

Published 01 Feb, 2021 08:02pm

Markets

Wheat down 10-15 cents, corn down 8-12, soybeans down 25-35

Wheat retreats on fund selling and profit taking after multi-year highs last week.
Actively traded March corn fell and filled a technical chart gap left after last week's steep price rally.

Published 20 Jan, 2021 08:07pm

Markets

China stocks firm on policy support; Hong Kong slips

SMIC said on Sunday that being put on a US trade blacklist would pose a significant adverse impact to its research and development in its 10-nanometer and more advanced chip technology.

Published 21 Dec, 2020 12:13pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.82
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 31	4082.17
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Nasdaq / Mar 31	12133.90
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7638.94
Dow Jones / Mar 31	33079.75
Germany DAX 30 / Mar 31	15641.10
France CAC40 / Mar 31	7330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Crude Oil USD/Barrel / Mar 31	75.20
Gold 10 Grams PKR / Mar 31	178927
Gold Spot USD/Ounce / Mar 31	1979.46
Cotton US¢/pound / Mar 31	83.26

US trade

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