News Archives for World - 2023-05-11

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USA

US borders 'are not open' as migration rules change: official

WASHINGTON: Migrants entering the US without documents as pandemic-era controls lift Thursday face long-term bans ...

Published 11 May, 2023 11:57pm

World

US says S.Africa probe of Russian arms charge 'welcome step'

WASHINGTON: The United States said Thursday it welcomed South Africa's vow to probe allegations of arms shipments to...

Published 11 May, 2023 11:52pm

Europe

EU says it has not seen high levels of weapons smuggling from Ukraine

KYIV: The EU has not observed any significant smuggling of weapons into Europe from wartime Ukraine, the European...

Published 11 May, 2023 10:34pm

USA

Biden’s top security advisor met China’s chief diplomat in Vienna: White House

WASHINGTON: US National Security Advisor Jake Sullivan met with top Chinese diplomat Wang Yi in Vienna this week,...

Published 11 May, 2023 08:27pm

USA

US default would have ‘very serious repercussions’: IMF

WASHINGTON: The International Monetary Fund warned Thursday of severe consequences if the US defaults on its debt,...

Updated 11 May, 2023 10:01pm

USA

US weekly jobless claims jump to highest level since late 2021

WASHINGTON: The number of Americans filing new claims for jobless benefits jumped last week to the highest level...

Published 11 May, 2023 07:34pm

Europe

Ukraine wants Black Sea grain deal extended for longer and expanded

KYIV: The Black Sea grain export initiative should be extended for a longer period and expanded, Ukrainian Deputy...

Published 11 May, 2023 07:20pm

Europe

UK to supply Storm Shadow long-range missiles to Ukraine: govt

LONDON: The UK government on Thursday announced it would send Storm Shadow missiles to Ukraine, becoming the first...

Published 11 May, 2023 06:31pm

Europe

Zelensky says Ukraine needs time before counter-offensive

KYIV: Ukrainian President Volodymyr Zelensky has said his military needs more time to prepare for a highly...

Published 11 May, 2023 05:00pm

World

China completes warship deliveries to Pakistan as military alliance grows

BEIJING: China has delivered two frigates to Pakistan’s navy, completing a four-warship deal inked in 2018, Chinese...

Updated 11 May, 2023 06:40pm

Europe

Russia risks cloud outlook for Central Asia, Caucasus: IMF

ALMATY: Economic growth in Central Asia and the Caucasus will depend on how Russia’s economy performs in the face of...

Published 11 May, 2023 03:04pm

USA

Cost of insuring against US default rises to highest since 2009

LONDON: The cost of insuring against a US default rose to its highest since early 2009 on Thursday, in the latest...

Published 11 May, 2023 02:16pm

Stocks

Most Gulf markets in red; oil lifts Saudi

Most major stock markets in the Gulf fell in early trade on Thursday tracking Asian shares lower, although the Saudi...

Published 11 May, 2023 02:10pm

Middle East

Emirates Group reports record $3bn annual profit

DUBAI: Dubai’s Emirates Group on Thursday said financial year 2022-23 had been its most profitable so far, reporting...

Updated 11 May, 2023 06:40pm

Commodities

India to allow duty free imports of sunoil, soyoil until June

MUMBAI: India on Thursday clarified that duty-free imports of soyoil and sunflower oil shipped before March 31 would...

Published 11 May, 2023 01:46pm

USA

Yellen warns US default would threaten global economy, undermine US leadership

NIIGATA: US Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt...

Published 11 May, 2023 01:40pm

Middle East

ADNOC Gas reports higher Q1 profit as lower costs offset weak volumes

DUBAI: Abu Dhabi National Oil Company’s gas subsidiary reported higher first quarter profit on Thursday, as lower...

Published 11 May, 2023 01:28pm

Europe

China, France agree to strengthen economic ties

PARIS/BEIJING: French Foreign Minister Catherine Colonna and her Chinese counterpart Qin Gang agreed on the need to...

Published 11 May, 2023 01:25pm

USA

Yellen says G7 members looking at how to counter China’s ‘economic coercion’

NIIGATA: US Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies...

Published 11 May, 2023 01:12pm

Europe

European Parliament votes on curbs for ChatGPT and other AI

BRUSSELS: EU lawmakers hold a crucial vote Thursday towards setting restrictions on how AI such as ChatGPT can be...

Published 11 May, 2023 11:20am

South Asia

Third blast near India’s Golden Temple in a week

AMRITSAR: A third blast in less than a week shook the area around the Sikh holy site of the Golden Temple in...

Published 11 May, 2023 11:15am

USA

US debt ‘brinkmanship’ risks serious costs: Yellen

NIIGATA, JAPAN: Political brinkmanship over raising the US debt ceiling risks “serious economic costs” even without...

Published 11 May, 2023 11:06am

South Asia

South Korea think tank cuts 2023 growth forecast due to poor exports

SEOUL: South Korea’s top government research body has cut its economic growth forecast for this year to 1.5% from...

Published 11 May, 2023 10:28am

USA

US debt standoff overshadows G7 finance leaders’ meeting

NIIGATA: A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders...

Published 11 May, 2023 10:26am

South Asia

China’s slow consumer inflation, deepening factory gate deflation to test policy

BEIJING: China’s consumer prices rose at the slowest pace in more than two years in April, while factory gate...

Published 11 May, 2023 10:13am

South Asia

Myanmar makes no progress on peace; ASEAN needs unity: Indonesia

LABUAN BAJO, INDONESIA: Myanmar’s ruling military has made no meaningful progress on implementing a peace plan...

Published 11 May, 2023 09:57am

South Asia

Philippine Q1 growth cools, but on track for 2023 target

MANILA: Philippine economic growth cooled to its slowest in two years in the first quarter as red-hot inflation and...

Published 11 May, 2023 09:52am

South Asia

Armenia, Azerbaijan accuse each other of crossborder attacks

Armenia and Azerbaijan blamed each other for exchange of fire in a border area on Thursday in which at least three...

Published 11 May, 2023 09:46am

World

Assad receives Saudi invitation to Arab summit

DAMASCUS: Syrian President Bashar al-Assad received an invitation to next week’s Arab summit in Saudi Arabia, the...

Published 11 May, 2023 05:54am

World

Israel, Palestinian militants trade deadly fire over Gaza

GAZA CITY, (Palestinian Territories): Israel’s army and Gaza militants traded heavy cross-border fire Wednesday,...

Published 11 May, 2023 05:54am

World

ASEAN vows action on human traffickers operating online

LABUAN BAJO (Indonesia): Southeast Asian nations vowed Wednesday tougher action on human trafficking as criminals...

Published 11 May, 2023 05:54am

World

Fifteen children drown, 25 more missing in Nigeria boat tragedy

KANO: Fifteen children drowned and 25 others were missing after their overloaded boat capsized on a river in...

Published 11 May, 2023 05:54am

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Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value
Petrol/Litre / Aug 22	341.59
Diesel/Litre / Aug 22	368.29

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	6.96 ▲ 1 (16.78%)
Chenab Ltd (Pref) / Nov 5 Chenab Limited (Pref)(CLCPS)	4 ▲ 0.53 (15.27%)
Media Times Ltd / Nov 5 Media Times Limited(MDTL)	8.02 ▲ 1 (14.25%)
ARM Green Industries / Nov 5 ARM Green Industries Limited(ARMG)	67.78 ▲ 6.16 (10%)
Data Agro / Nov 5 Data Agro Limited(DAAG)	147.94 ▲ 13.45 (10%)
Dadex Eternit / Nov 5 Dadex Eternit Limited(DADX)	147.02 ▲ 13.37 (10%)
F.Credit & Inv / Nov 5 First Credit and Investment Bank Limited(FCIBL)	187.80 ▲ 17.07 (10%)
Frontier Ceramics / Nov 5 Frontier Ceramics Limited(FRCL)	104.43 ▲ 9.49 (10%)
Grays Leasing / Nov 5 Grays Leasing Limited(GRYL)	73.25 ▲ 6.66 (10%)
J.A.Textile / Nov 5 J.A. Textile Mills Limited(JATM)	79.55 ▲ 7.23 (10%)

Stock	Price
Bawany Air Products (R) / Nov 5 Bawany Air Products Limited Right(BAPLR1)	0.62 ▼ -1 (-61.73%)
Unicap Modaraba / Nov 5 Unicap Modaraba(UCAPM)	20.58 ▼ -2.29 (-10.01%)
Shahzad Tex. / Nov 5 Shahzad Textile Mills Limited(SZTM)	147.88 ▼ -16.4 (-9.98%)
Dar-es-Salaam / Nov 5 Dar-es-Salaam Textile Mills Limited(DSML)	12.62 ▼ -1.33 (-9.53%)
Shahtaj Sugar / Nov 5 Shahtaj Sugar Mills Limited(SHJS)	141.08 ▼ -14.11 (-9.09%)
Burj Clean Energy Modaraba / Nov 5 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	12.34 ▼ -1.2 (-8.86%)
Fateh Sports / Nov 5 Fateh Sports Wear Limited(FSWL)	250.11 ▼ -23.2 (-8.49%)
Ningbo Green Light / Nov 5 Ningbo Green Light Energy Limited(NGLEL)	11.47 ▼ -1 (-8.02%)
Aisha Steel (CPS) / Nov 5 Aisha Steel Mills Limited (CPS)(ASLCPS)	73.03 ▼ -5.83 (-7.39%)
Bawany Air Products / Nov 5 Bawany Air Products Limited(BAPL)	14.13 ▼ -1.11 (-7.28%)

Stock	Volume
Cnergyico PK / Nov 5 Cnergyico PK Limited(CNERGY)	74,001,627 ▲ 0.09
B.O.Punjab / Nov 5 The Bank of Punjab(BOP)	69,726,299 ▲ 0.8
K-Electric Ltd. / Nov 5 K-Electric Limited(KEL)	61,113,699 ▲ 0.14
Pervez Ahmed Consultancy / Nov 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	44,697,868 ▲ 1
Media Times Ltd / Nov 5 Media Times Limited(MDTL)	39,391,912 ▲ 1
Maple Leaf Cement / Nov 5 Maple Leaf Cement Factory Limited(MLCF)	27,417,760 ▲ 4.6
Sui South Gas / Nov 5 Sui Southern Gas Company Limited(SSGC)	26,920,089 ▼ -0.38
Kohinoor Spinning / Nov 5 Kohinoor Spinning Mills Limited(KOSM)	23,390,230 ▲ 0.18
Pak Elektron / Nov 5 Pak Elektron Limited(PAEL)	22,135,625 ▲ 0.95
WorldCall Telecom / Nov 5 Worldcall Telecom Limited(WTL)	21,742,991 -

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