Trends - US - Business Recorder

US

Has US shot the dollar in the foot?

Who could’ve known that one of the unintended consequences of the Ukraine war would be the first signs of a shift...

Published 09 Mar, 2023 06:23am

World

US Fed warns of 'widespread' inflationary pressures

WASHINGTON: The Federal Reserve warned Wednesday that the United States still faces "widespread" inflationary...

Published 09 Mar, 2023 01:24am

World

US CDC to lift COVID testing requirements for travelers from China

WASHINGTON: The US Centers for Disease Control and Prevention (CDC) confirmed on Wednesday it plans to end mandatory...

Published 09 Mar, 2023 01:10am

Business & Finance

Abraaj founder Arif Naqvi loses challenge to US extradition on fraud charges

LONDON: The founder of collapsed private equity company Abraaj Group on Wednesday lost a bid to challenge his...

Published 08 Mar, 2023 11:09pm

World

US prepared to return to bigger rate hikes if strong data persists: Powell

WASHINGTON: The United States is prepared to increase the pace of interest rate hikes if strong economic data...

Published 07 Mar, 2023 11:37pm

World

North Korea warns US against intercepting missiles during tests

SEOUL: North Korea warned Tuesday that it would be a “clear declaration of war” if its missiles were shot down...

Published 07 Mar, 2023 12:58pm

World

Seoul announces plan to compensate victims of Japan wartime forced labour

SEOUL: South Korea announced plans Monday to compensate victims of Japan’s forced wartime labour, aiming to end a...

Published 07 Mar, 2023 03:16am

Pak-US counterterrorism talks kicked off

ISLAMABAD: Pakistan and the United States Monday kicked off a two-day counterterrorism dialogue to share experiences...

Updated 07 Mar, 2023 08:50am

EU will tackle US green subsidies, overcome e-fuels impasse

FRANKFURT, (Germany): EU Commission President Ursula von der Leyen said on Sunday she is determined to counter...

Published 06 Mar, 2023 06:59am

Opinion

Texas: Wind and solar stake claim to land of oil

Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved...

Published 06 Mar, 2023 06:48am

TIFA moot agrees to ensure progress on all issues: govt

ISLAMABAD: Commerce Minister Syed Naveed Qamar said that the meeting of the Pakistan-US Trade and Investment...

Updated 06 Mar, 2023 08:42am

Markets

US natural gas futures up

NEW YORK: US natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to US...

Published 05 Mar, 2023 03:36am

Opinion

Sharp drop in equity premium may mark return of 60/40 portfolio

The reward for holding US stocks over Treasury bonds has not been this unattractive since 2004, possibly setting the...

Published 04 Mar, 2023 06:39am

‘US supports democratic, constitutional, legal principles in Pakistan’

WASHINGTION: A State Department spokesman Thursday sidestepped a question about arrest warrants issued against PTI...

Updated 04 Mar, 2023 09:13am

World

US announces $400mn in new Ukraine security assistance

WASHINGTON: The United States announced a new $400 million security aid package for Ukraine on Friday that features...

Published 04 Mar, 2023 12:09am

World

US not providing Ukraine with intel on targets inside Russia: Pentagon

WASHINGTON: The United States is not providing Ukraine with intelligence for targets inside Russia, the Pentagon ...

Published 03 Mar, 2023 12:18am

World

Ukraine war set to divide as India hosts G20 foreign ministers

NEW DELHI: Top US diplomat Antony Blinken was due in New Delhi on Wednesday alongside Russia’s Sergei Lavrov for a...

Published 02 Mar, 2023 06:24am

World

US manufacturing sector contracts again

WASHINGTON: US manufacturing contracted for a fourth straight month in February, but there were signs that factory...

Published 02 Mar, 2023 06:24am

Pakistan

California State Assembly team visits GCU Lahore

LAHORE: A delegation comprising members of the California State Assembly visited Government College University (GCU)...

Published 02 Mar, 2023 06:24am

IP gas project: Govt has sought relaxation from US, PAC informed

ISLAMABAD: Federal government has sought relaxation from the US administration on Iran-Pakistan (IP) Gas Pipeline...

Updated 02 Mar, 2023 09:13am

World

US House panel approves bill giving Biden power to ban TikTok

WASHINGTON: The US House Foreign Affairs Committee voted on Wednesday along party lines to give President Joe Biden...

Published 02 Mar, 2023 12:13am

World

Blinken promises US aid, support to Central Asia after Ukraine fears

ASTANA (Kazakhstan): Secretary of State Antony Blinken on Tuesday promised US help for Central Asia to reduce the...

Published 01 Mar, 2023 06:21am

World

'No evidence' Ukraine misusing aid, senior US official says

WASHINGTON: There is "no evidence" Ukraine is misusing the tens of billions in aid provided since Russia invaded ...

Published 28 Feb, 2023 11:25pm

World

China urges peace in Ukraine after US warns against aiding Russia

KYIV: China said on Monday it sought dialogue and peace for Ukraine despite US warnings that Beijing might be...

Published 28 Feb, 2023 07:41am

World

US agency says Covid likely emerged from China lab leak: reports

WASHINGTON: The coronavirus pandemic likely arose from a Chinese laboratory leak, the US Department of Energy now...

Published 28 Feb, 2023 06:15am

Business & Finance

Revlon reaches lender settlement, sends bankruptcy plan to vote

MANHATTAN: Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining...

Published 27 Feb, 2023 07:48am

World

Trump, other Republicans will have to pledge loyalty to 2024 presidential nominee

WASHINGTON: The Republican Party plans to ask 2024 presidential candidates to pledge support for the eventual...

Published 27 Feb, 2023 07:37am

World

Any China lethal aid to Russia will come at ‘real costs’, says US

WASHINGTON: China has not moved toward providing lethal aid that would help Russia in its invasion of Ukraine and ...

Published 27 Feb, 2023 07:35am

US spy chief says Iran advancing N-plan at ‘worrisome pace’

WASHINGTON: Iran’s nuclear program is advancing at a “worrisome pace,” CIA director William Burns said in an...

Updated 27 Feb, 2023 08:41am

Markets

US natgas up on colder weather forecasts

NEW YORK: US natural gas futures gained more than 3% ahead of the expiry of the front-month March contract on Friday...

Published 26 Feb, 2023 03:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17
France CAC40 / May 1	7984.93
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07

Item	Value
Gold 10 Grams PKR / Apr 30	207390
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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