Trends - X - Business Recorder

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Hey chatbot, is this true? AI ‘factchecks’ Pakistan-India war information

WASHINGTON: As misinformation exploded during India’s four-day conflict with Pakistan, social media users turned to...

Published 02 Jun, 2025 03:58pm

Business & Finance

Morgan Stanley to sell remaining $1.23 billion of X debt, source says

Morgan Stanley is selling the last $1.23 billion of debt related to Elon Musk’s $44 billion buyout of social media...

Published 24 Apr, 2025 08:18pm

World

X sues Modi’s government over content removal in new India censorship fight

NEW DELHI: India’s IT ministry has unlawfully expanded censorship powers to allow the easier removal of online...

Published 20 Mar, 2025 09:00pm

Technology

Musk blames X outage on cyberattack

Social media platform X went down for nearly 12,000 users on Monday, which owner Elon Musk said was the result of a...

Published 10 Mar, 2025 11:33pm

Technology

Musk’s X facing intermittent outages in US, Downdetector shows

Elon Musk-owned X was facing intermittent outages on Monday, according to Downdetector, restricting thousands of...

Published 10 Mar, 2025 09:34pm

Technology

Musk’s X in talks to raise money at $44 billion valuation

Elon Musk’s X social media platform is in talks to raise money from investors at a $44 billion valuation, Bloomberg...

Published 19 Feb, 2025 05:57pm

Business & Finance

Qatar Airways rejects reports of office closures in Pakistan

Qatar Airways has dismissed reports claiming the closure of its offices in Pakistan, confirming that the airline is...

Updated 08 Jan, 2025 09:43pm

Technology

Elon Musk’s X lifts price for premium-plus tier to pay creators

Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the social media...

Published 23 Dec, 2024 06:54pm

Life & Style

Australia launches ‘landmark’ bill to ban social media for children under 16

SYDNEY: Australia’s centre-left government on Thursday introduced a bill in parliament that aims to ban social media...

Published 21 Nov, 2024 11:09am

World

UK’s The Guardian stops posting on ‘toxic media platform’ X

LONDON: Britain’s The Guardian newspaper announced Wednesday it would no longer post content from its official...

Published 13 Nov, 2024 07:33pm

World

X suspends new account posting on behalf of Iran leader Khamenei

WASHINGTON: The social media network X on Monday suspended an account that published Hebrew-language messages on...

Published 28 Oct, 2024 06:09pm

World

X says it is closing operations in Brazil due to judge's content orders

SAO PAULO: Media platform X said on Saturday it would close its operations in Brazil "effective immediately" due to...

Published 17 Aug, 2024 11:07pm

World

Linda Yaccarino shakes up X amid Musk’s pressure on costs, FT says

The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of...

Published 23 Jun, 2024 12:35pm

Pakistan

Pakistan, India leaders resort to X diplomacy

ISLAMABAD: India and Pakistan’s leaders resorted to diplomacy via X on Monday, a day after Narendra Modi was sworn...

Published 11 Jun, 2024 03:17am

Markets

Pakistan should ‘abandon’ CGT once and for all: co-founder of Tundra Fonder

Remarks come over rumoured proposal to increase taxation on Pakistan's capital markets

Updated 07 Jun, 2024 10:57pm

Editorials

The ban on X

EDITORIAL: Following weeks of obfuscation on the issue, the government had to come out to openly state, albeit...

Published 24 Apr, 2024 03:50am

Pakistan

‘Closure of X’: IHC summons interior secy

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, summoned the interior secretary in a petition challenging the...

Published 04 Apr, 2024 04:56am

Pakistan

Interior minister Mohsin Naqvi urges ‘better laws’ to regulate internet free speech

ISLAMABAD: Pakistan’s new interior minister Mohsin Naqvi said Tuesday the country needed better laws to regulate...

Updated 19 Mar, 2024 10:22pm

World

X says India’s demand to block accounts curtails freedom of expression

NEW DELHI: Social media platform X said on Thursday it took down certain accounts and posts following an order by ...

Published 23 Feb, 2024 06:36am

World

US calls on Pakistan to lift social media restrictions

WASHINGTON: The United States called Wednesday on Pakistan to lift restrictions on X, formerly known as Twitter,...

Published 22 Feb, 2024 06:55am

Pakistan

Social media platform X faces widespread outage in Pakistan

Users face slow or non-existent accessibility to the platform

Published 17 Feb, 2024 10:38pm

World

Sri Lanka passes tough social media law

COLOMBO: Sri Lanka on Wednesday passed legislation imposing hefty jail sentences on social media users for posts the...

Published 24 Jan, 2024 06:00pm

World

EU launches ‘illegal content’ probe into Elon Musk’s X

BRUSSELS: The EU on Monday announced “formal infringement proceedings” against Elon Musk’s X platform under a law...

Published 18 Dec, 2023 05:09pm

Technology

Musk’s X strips headlines from news links

PARIS: Elon Musk’s social media platform X has stripped headlines from news articles shared by users, in a move...

Published 05 Oct, 2023 05:36pm

Technology

Musk says X could charge all users ‘small monthly payment’

SAN FRANCISCO: Online platform X could introduce a monthly fee for all users, its owner Elon Musk said Monday,...

Published 19 Sep, 2023 12:17pm

Technology

Zuckerberg and Musk throw verbal jabs over proposed cage match

WASHINGTON: Billionaires and social media business rivals Mark Zuckerberg and Elon Musk threw new online jabs at...

Published 14 Aug, 2023 11:42am

Technology

Musk says fight with Zuckerberg will be live-streamed on X

Elon Musk said in a social media post that his proposed cage fight with Meta CEO Mark Zuckerberg would be...

Published 06 Aug, 2023 06:17pm

World

Musk’s X to fund legal bills of people ‘unfairly treated’ for posting on platform

Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly by...

Published 06 Aug, 2023 10:31am

World

Sweden to present security measures amid Holy Quran burning crisis

OSLO: The Swedish government said on Tuesday it would present measures to protect its citizens amid growing concerns...

Published 01 Aug, 2023 12:17pm

Technology

Twitter, now known as X, reinstates Kanye’s account: US media

WASHINGTON: X, the social media platform previously known as Twitter, has reinstated rapper and designer Kanye West...

Published 30 Jul, 2023 12:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 16	144.74
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Crude Oil USD/Barrel / Jun 16	71.77
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Gold Spot USD/Ounce / Jun 16	3,417.30
Cotton US¢/pound / Jun 16	68.02
Petrol/Litre / Jun 17	258.43
Diesel/Litre / Jun 17	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 17 Crescent Jute Products Limited(CJPL)	5.50 ▲ 0.93 (20.35%)
Gulistan Sp. / Jun 17 Gulistan Spinning Mills Limited(GUSM)	9.28 ▲ 1 (12.08%)
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	4.35 ▲ 0.43 (10.97%)
Service Textile / Jun 17 Service Industries Textiles Limited(SERT)	17.88 ▲ 1.63 (10.03%)
MACPAC Films / Jun 17 MACPAC Films Limited(MACFL)	26.81 ▲ 2.44 (10.01%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	57.33 ▲ 5.21 (10%)
Data Agro / Jun 17 Data Agro Limited(DAAG)	101.19 ▲ 9.2 (10%)
Fecto Cement / Jun 17 Fecto Cement Limited(FECTC)	84.49 ▲ 7.68 (10%)
Nets Internat.Comm. / Jun 17 Nets International Communication Limited(GEMNETS)	37.94 ▲ 3.45 (10%)
Kohat Textile / Jun 17 Kohat Textile Mills Limited(KOHTM)	108.22 ▲ 9.84 (10%)

Stock	Price
PIA Holding Co.B / Jun 17 PIA Holding Company Limited B(PIAHCLB)	15,300.20 ▼ -1699.99 (-10%)
Pakgen Power / Jun 17 Pakgen Power Limited(PKGP)	237.39 ▼ -26.38 (-10%)
National Silk / Jun 17 The National Silk & Rayon Mills Limited(NSRM)	48.57 ▼ -5.35 (-9.92%)
Hussain Industries / Jun 17 Husein Industries Limited(HUSI)	28.06 ▼ -2.74 (-8.9%)
Shahtaj Sugar / Jun 17 Shahtaj Sugar Mills Limited(SHJS)	117.01 ▼ -11.09 (-8.66%)
First Dawood Prop. / Jun 17 First Dawood Properties Limited(FDPL)	3.55 ▼ -0.33 (-8.51%)
Unicap Modaraba / Jun 17 Unicap Modaraba(UCAPM)	4.21 ▼ -0.39 (-8.48%)
Calcorp Ltd / Jun 17 Calcorp Limited(CASH)	44.30 ▼ -3.84 (-7.98%)
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	4.05 ▼ -0.34 (-7.74%)
Khyber Textile / Jun 17 Khyber Textile Mills Limited(KHYT)	1,498 ▼ -117.1 (-7.25%)

Stock	Volume
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	109,918,160 ▲ 0.16
Pervez Ahmed Consultancy / Jun 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	47,765,115 ▲ 0.1
Bank Makramah / Jun 17 Bank Makramah Limited(BML)	25,221,234 ▲ 0.43
First Prudential Mod. / Jun 17 First Prudential Modaraba(PMI)	20,109,792 ▼ -0.34
Ist.Capital Sec / Jun 17 First Capital Securities Corporation(FCSC)	18,108,977 ▼ -0.21
Kohinoor Spining / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	13,020,790 ▲ 0.17
Secure Logistics / Jun 17 Secure Logistics Group Limited(SLGL)	11,571,923 ▲ 1.37
PIA Holding Co.Ltd / Jun 17 PIA Holding Company Limited(PIAHCLA)	7,979,535 ▲ 0.49
Invest Bank / Jun 17 Invest Capital Investment Bank Limited(ICIBL)	7,537,967 ▲ 0.49
Hascol Petrol / Jun 17 Hascol Petroleum Limited(HASCOL)	7,247,312 ▲ 0.44

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