News Archives for World - 2023-03-08

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World

Biden budget would cut deficit by nearly $3 trillion, White House says

WASHINGTON: President Joe Biden's budget proposal will aim to cut US budget deficits by nearly $3 trillion over 10...

Published 08 Mar, 2023 11:18pm

USA

Fed’s Powell: No call made yet on size of March rate rise

NEW YORK: Federal Reserve Chair Jerome Powell said Wednesday that officials have not yet made a call on the size of...

Published 08 Mar, 2023 09:51pm

USA

US trade deficit widens slightly in January

WASHINGTON: The US trade deficit widened in January on a pickup in imports, to mark the biggest gap in three months,...

Published 08 Mar, 2023 07:54pm

World

German, UAE, Egypt consortium sign $34bn deal for hydrogen project in Mauritania

BERLIN: An international consortium with German participation signed an agreement with the Mauritanian government...

Published 08 Mar, 2023 07:03pm

South Asia

Malaysia’s ex-PM Muhyiddin summoned to anti-graft agency

KUALA LUMPUR: Former Malaysian prime minister Muhyiddin Yassin was summoned to appear at the country’s anti-graft...

Published 08 Mar, 2023 06:52pm

South Asia

China’s Xi says better use of defence resources needed ‘to win wars’

BEIJING: China needs to improve its use of defence resources such as technology, supply chain and national reserves...

Published 08 Mar, 2023 06:40pm

South Asia

Dark summer nights: India faces high risks of power cuts after years of coal, hydro power neglect

SINGAPORE/NEW DELHI: India faces a high risk of nighttime power cuts this summer and in coming years, as delays in...

Published 08 Mar, 2023 06:28pm

Europe

Bakhmut may fall ‘in coming days’: NATO chief

STOCKHOLM: NATO Secretary General Jens Stoltenberg warned Wednesday that the devastated eastern Ukrainian city of...

Published 08 Mar, 2023 06:02pm

Africa

Ghana’s loan programme request to go to IMF executive board by end March: president

ACCRA: Ghana is on course for IMF staff to present the organisation’s executive board with Ghana’s request for a...

Published 08 Mar, 2023 05:42pm

Europe

Germany says Nord Stream attacks may be ‘false flag’ to smear Ukraine

STOCKHOLM: German Defence Minister Boris Pistorius on Wednesday warned against reaching premature conclusions on who...

Published 08 Mar, 2023 03:45pm

South Asia

India, Australia aim to boost economic, defence ties at first summit of PMs

NEW DELHI/SYDNEY: Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen...

Published 08 Mar, 2023 03:14pm

Europe

Nord Stream sabotage ‘not our activity’: Ukraine defence minister

STOCKHOLM: The Ukrainian government was not involved in the sabotage last year of the Nord Stream gas pipelines in...

Published 08 Mar, 2023 02:23pm

South Asia

Afghan women ‘most repressed in the world’, says UN mission

KABUL: Afghanistan under the Taliban government is the “most repressive country in the world” for women’s rights,...

Published 08 Mar, 2023 02:17pm

Asia

China confirms 53 ‘missing or dead’ from February mine collapse

BEIJING: The collapse of a coal mine in northern China last month left a total of 53 people “missing or dead”, a top...

Published 08 Mar, 2023 12:54pm

South Asia

China offers Sri Lanka debt moratorium, promises deal on debt treatment: letter

COLOMBO: The Export-Import Bank of China has told Sri Lanka it will not seek immediate repayment of debt for 2022...

Published 08 Mar, 2023 12:25pm

Energy

India’s oil deals with Russia dent decades-old dollar dominance

NEW DELHI/LONDON: U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance...

Published 08 Mar, 2023 12:20pm

Europe

EU will never accept Russia threat to its security: von der Leyen

OTTAWA: European Union Commission President Ursula von der Leyen, addressing Canada’s parliament on Tuesday during a...

Published 08 Mar, 2023 11:40am

Europe

Russia would get ‘open road’ into Ukraine if Bakhmut falls: Zelensky

KYIV: Ukrainian President Volodymyr Zelensky said the Russian army would have an “open road” into eastern Ukraine if...

Published 08 Mar, 2023 11:38am

USA

Australia PM says to meet Biden in US, submarine deal expected

SYDNEY: Australia’s prime minister said Wednesday he will soon meet President Joe Biden in the United States, where...

Published 08 Mar, 2023 11:35am

World

Pentagon chief in Iraq says US wants to ‘strengthen’ ties

BAGHDAD: Pentagon chief Lloyd Austin said Tuesday he hoped to “strengthen and broaden” relations with Iraq, on a...

Published 08 Mar, 2023 06:20am

Previous Day

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 3	276.91 ▼ -0.05
USD PKR Interbank Buying / Nov 3	276.71 ▼ -0.01
USD to Japanese Yen / Nov 4	158.12 ▼ -0.25
USD to Swiss Franc / Nov 4	0.82 ▼ -0.0012
Pound Sterling to USD / Nov 4	1.35 ▲ 0.0016
Euro to USD / Nov 4	1.12 ▲ 0.0014
SOFR % / Nov 2	3.95 -

Stock	Volume
India Sensex / Nov 4	76,731.18
Tokyo Nikkei / Nov 4	60,835.36
Hang Seng / Nov 4	23,474.67
FTSE 100 / Nov 4	10,665.01
S&P 500 / Nov 3	7,568.92
Nasdaq / Nov 3	25,372.01
Dow Jones / Nov 3	51,786.72
Germany DAX 30 / Nov 3	25,864.62
France CAC40 / Nov 3	8,020.31

Item	Value
Petrol/Litre / Nov 4	369.06
Crude Oil USD/Barrel / Nov 4	96.56
Gold Spot USD/Ounce / Nov 4	4,017.43
Diesel/Litre / Nov 4	391.52
Cotton US¢/pound / Nov 4	78.20
Karachi Cotton PKR/37.32 KG / Nov 3	18,080
Gold 10 Grams PKR / Nov 3	353,340

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	5.96 ▲ 1 (20.16%)
Premier Insurance (R) / Nov 4 Premier Insurance Limited (RIGHT)(PINLR)	0.90 ▲ 0.1 (12.5%)
First AL-Noor Mod. / Nov 4 First Al-Noor Modaraba(FANM)	10.62 ▲ 1 (10.4%)
Burshane LPG / Nov 4 Burshane LPG (Pakistan) Limited(BPL)	65.53 ▲ 5.96 (10.01%)
TPL Properties / Nov 4 TPL Properties Limited(TPLP)	13.19 ▲ 1.2 (10.01%)
ARM Green Industries / Nov 4 ARM Green Industries Limited(ARMG)	61.62 ▲ 5.6 (10%)
Data Agro / Nov 4 Data Agro Limited(DAAG)	134.49 ▲ 12.23 (10%)
Dadex Eternit / Nov 4 Dadex Eternit Limited(DADX)	133.65 ▲ 12.15 (10%)
F.Credit & Inv / Nov 4 First Credit and Investment Bank Limited(FCIBL)	170.73 ▲ 15.52 (10%)
Frontier Ceramics / Nov 4 Frontier Ceramics Limited(FRCL)	94.94 ▲ 8.63 (10%)

Stock	Price
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	1.62 ▼ -1 (-38.17%)
Sindh Modaraba / Nov 4 Sindh Modaraba(SINDM)	66.58 ▼ -7.4 (-10%)
Unicap Modaraba / Nov 4 Unicap Modaraba(UCAPM)	22.87 ▼ -2.54 (-10%)
Select Technologies / Nov 4 Select Technologies Limited(SELECT)	21.82 ▼ -2.42 (-9.98%)
Mughal Energy / Nov 4 Mughal Energy Limited(GEM)(GEMMEL)	32.30 ▼ -2.95 (-8.37%)
Ningbo Green Light / Nov 4 Ningbo Green Light Energy Limited(NGLEL)	12.83 ▼ -0.99 (-7.16%)
Al-Khair Gadoon / Nov 4 Al-Khair Gadoon Limited(AKGL)	52.30 ▼ -3.68 (-6.57%)
Aruj Industries / Nov 4 Aruj Industries Limited(ARUJ)	11.15 ▼ -0.65 (-5.51%)
Jubilee Spinning / Nov 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	47 ▼ -2.62 (-5.28%)
Olympia Mills / Nov 4 Olympia Mills Limited(OML)	120.01 ▼ -6.62 (-5.23%)

Stock	Volume
TPL Properties / Nov 4 TPL Properties Limited(TPLP)	46,906,347 ▲ 1.2
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	40,925,023 ▲ 1
Cnergyico PK / Nov 4 Cnergyico PK Limited(CNERGY)	35,078,507 ▲ 0.27
WorldCall Telecom / Nov 4 Worldcall Telecom Limited(WTL)	17,037,991 ▼ -0.02
Maple Leaf Cement / Nov 4 Maple Leaf Cement Factory Limited(MLCF)	16,860,295 ▲ 4.18
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	16,384,858 ▼ -1
B.O.Punjab / Nov 4 The Bank of Punjab(BOP)	15,904,629 ▲ 1.09
Unicap Modaraba / Nov 4 Unicap Modaraba(UCAPM)	11,535,968 ▼ -2.54
Media Times Ltd / Nov 4 Media Times Limited(MDTL)	10,732,599 ▲ 0.32
F. Nat.Equities / Nov 4 First National Equities Limited(FNEL)	9,959,604 ▲ 0.03

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