News Archives for World - 2023-05-24

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Markets

Change in tone in U.S. debt talks could prompt rating action before default: Moody's

NEW YORK: Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public...

Published 24 May, 2023 11:44pm

Markets

Fed agreed in May need for more rate hikes was 'less certain,' meeting minutes show

WASHINGTON: Federal Reserve officials "generally agreed" last month that the need for further interest rate ...

Published 24 May, 2023 11:16pm

Middle East

Saudi, Canada to restore full diplomatic ties: Saudi foreign ministry

RIYADH: Saudi Arabia and Canada will restore full diplomatic relations, the kingdom said Wednesday, following a 2018...

Published 24 May, 2023 10:57pm

USA

Biden spending freeze plan would save $1 trillion: Treasury

WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...

Published 24 May, 2023 09:20pm

Europe

NATO chief admits splits on Ukraine membership push

BRUSSELS: NATO Secretary General Jens Stoltenberg on Wednesday said the members of the Western military alliance are...

Published 24 May, 2023 08:02pm

South Asia

Indian labs to give ‘top priority’ to tests on cough syrup exports

NEW DELHI: India’s government laboratories should give “top priority” to testing cough syrup for export, the drug...

Published 24 May, 2023 07:00pm

Africa

IMF staff agree to expand credit for cash-strapped Kenya by $1bn

NAIROBI: The International Monetary Fund said it has reached a staff-level agreement with Kenya that would provide...

Published 24 May, 2023 06:51pm

South Asia

Sri Lanka expects FDI to jump to $1.3bn with India taking lead

COLOMBO: Sri Lanka is expecting foreign direct investment inflows to rise by a fifth to $1.3 billion this year, a...

Published 24 May, 2023 06:34pm

South Asia

Six killed, 100 homes destroyed in Afghan flood: official

HEART: Six people have been killed and dozens of homes washed away in flooding in central Afghanistan, local...

Published 24 May, 2023 06:28pm

USA

IMF chief calls US debt battle ‘unnecessary’ for world economy

DOHA: International Monetary Fund chief Kristalina Georgieva said Wednesday that protracted domestic wrangling over...

Published 24 May, 2023 06:14pm

Europe

China’s Xi offers Russia ‘firm support’ in ‘core interests’

BEIJING: Chinese President Xi Jinping offered Beijing’s support on Moscow’s “core interests” at a meeting with...

Published 24 May, 2023 05:55pm

Europe

Brussels warns Italy not to delay post-Covid recovery reforms

BRUSSELS: The EU expressed concern over delays in Italy’s implementation of reforms under its post-pandemic recovery...

Published 24 May, 2023 05:51pm

Europe

10,000 Russian convict recruits killed in Ukraine: Wagner boss

MOSCOW: The head of Russian mercenary group Wagner, Yevgeny Prigozhin, has said that around 10,000 prisoners he...

Published 24 May, 2023 05:48pm

Middle East

Iran names ambassador to Saudi after seven-year gap

Iran has named an ambassador to Saudi Arabia, state media reported Wednesday, sealing a thaw in relations more than...

Published 24 May, 2023 03:31pm

Stocks

Gulf markets track Asian stocks lower amid US debt limit impasse

Most major Gulf stock markets opened lower on Wednesday, extending losses from the previous session, and tracking...

Published 24 May, 2023 01:53pm

South Asia

Bangladesh PM confident country able to repay IMF loans

DOHA: The Prime Minister of Bangladesh Sheikh Hasina said on Wednesday she was confident that the country would be...

Published 24 May, 2023 01:02pm

South Asia

Australia, India to seek closer economic ties, critical minerals cooperation

SYDNEY: Australian Prime Minister Anthony Albanese met Narendra Modi, his Indian counterpart, in Sydney on Wednesday...

Published 24 May, 2023 11:08am

Asia

Asia water, energy supplies at risk as climate woes mount

SINGAPORE: Climate-related disruptions to the crucial Hindu Kush-Himalayan water system are posing risks to economic...

Published 24 May, 2023 10:34am

Europe

Russia says cross-border attack from Ukraine has been crushed, one civilian killed

The Russian military said on Tuesday it had routed militants who attacked a Russian border region with armoured...

Published 24 May, 2023 10:18am

Europe

Ukraine investigating role of Belarus in transfers of children, prosecutor says

AMSTERDAM: Ukraine is investigating the alleged role of Belarus in the forced transfer of children from...

Published 24 May, 2023 10:12am

Asia

Russia, China set to ink bilateral pacts despite Western criticism

BEIJING: Russia and China are set to sign a set of bilateral agreements on Wednesday during the Russian prime...

Published 24 May, 2023 09:55am

Financial

Israeli parliament passes 2023-2024 national budget

JERUSALEM: Israel’s parliament passed the 2023-2024 national budget on Wednesday, gaining Prime Minister Benjamin...

Published 24 May, 2023 09:44am

Europe

Russia will achieve all its goals in Ukraine

Russia will achieve all its goals in Ukraine either through its special military operation or through all other...

Published 24 May, 2023 09:27am

World

Indonesia, Iran sign preferential trade agreement

BOGOR, (Indonesia): The leaders of Indonesia and Iran on Tuesday signed a preferential trade agreement to expand...

Published 24 May, 2023 05:57am

World

‘Worst yet to come’ for Europe energy shortages: Qatar minister

DOHA: Qatar’s energy minister warned on Tuesday the “worst is yet to come” for Europe’s oil and gas...

Published 24 May, 2023 05:57am

Europe

Russia says air force, artillery wipe out border attackers

MOSCOW: Russia said on Tuesday it had deployed jets and artillery to destroy an armed group that penetrated the...

Published 24 May, 2023 05:57am

World

UK govt announces overseas student curbs to slash immigration

LONDON: The UK government on Tuesday announced a package of measures aimed at international students, including a ...

Published 24 May, 2023 05:57am

Europe

Ukraine allies slam Russia's 'cynical' WHO draft resolution

GENEVA: Kyiv's allies on Tuesday condemned Moscow for proposing a "cynical" draft resolution on the "health ...

Published 24 May, 2023 12:24am

Europe

Russia says intercepted two US military jets over Baltic

MOSCOW: Russia said Tuesday it had scrambled an Su-27 fighter jet to "prevent violations of the state border" by two...

Published 24 May, 2023 12:02am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 6	276.86 ▼ -0.01
USD PKR Interbank Buying / Nov 6	276.66 ▼ -0.01
USD to Japanese Yen / Nov 6	158.48 ▲ 0.94
USD to Swiss Franc / Nov 6	0.82 ▲ 0.0045
Pound Sterling to USD / Nov 6	1.34 ▼ -0.01
Euro to USD / Nov 6	1.11 ▼ -0.0077
SOFR % / Nov 5	3.92 ▼ -0.02

Stock	Volume
S&P 500 / Nov 6	7,376.66
India Sensex / Nov 6	81,028.02
Tokyo Nikkei / Nov 6	57,434.77
Nasdaq / Nov 6	24,579.42
Hang Seng / Nov 6	24,481.86
FTSE 100 / Nov 6	10,673.94
Dow Jones / Nov 6	51,285.73
Germany DAX 30 / Nov 6	25,820.36
France CAC40 / Nov 6	8,139

Item	Value
Petrol/Litre / Nov 7	346
Diesel/Litre / Nov 7	378
Crude Oil USD/Barrel / Nov 6	90.83
Karachi Cotton PKR/37.32 KG / Nov 6	18,080
Gold 10 Grams PKR / Nov 6	367,914
Gold Spot USD/Ounce / Nov 6	4,070.80
Cotton US¢/pound / Nov 6	82.79

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Nov 6 Chenab Limited (Pref)(CLCPS)	4.72 ▲ 0.72 (18%)
Security Investment Bank / Nov 6 Security Investment Bank Limited(SIBL)	7.53 ▲ 1 (15.31%)
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	7.96 ▲ 1 (14.37%)
LSE Financial Serv. / Nov 6 LSE Financial Services Limited(LSEFSL)	2.63 ▲ 0.29 (12.39%)
Ningbo Green Light / Nov 6 Ningbo Green Light Energy Limited(NGLEL)	12.62 ▲ 1.15 (10.03%)
First AL-Noor Mod. / Nov 6 First Al-Noor Modaraba(FANM)	12.85 ▲ 1.17 (10.02%)
Grays Leasing / Nov 6 Grays Leasing Limited(GRYL)	80.58 ▲ 7.33 (10.01%)
J.A.Textile / Nov 6 J.A. Textile Mills Limited(JATM)	87.51 ▲ 7.96 (10.01%)
ARM Green Industries / Nov 6 ARM Green Industries Limited(ARMG)	74.56 ▲ 6.78 (10%)
Baba Farid Sugar / Nov 6 Baba Farid Sugar Mills Limited(BAFS)	459.83 ▲ 41.8 (10%)

Stock	Price
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	0.03 ▼ -0.59 (-95.16%)
Escorts Bank / Nov 6 Escorts Investment Bank Limited(ESBL)	12.14 ▼ -1.35 (-10.01%)
Sindh Modaraba / Nov 6 Sindh Modaraba(SINDM)	65.92 ▼ -7.32 (-9.99%)
Ellcot Spinning / Nov 6 Ellcot Spinning Mills Limited(ELSM)	201.59 ▼ -20.8 (-9.35%)
Unicap Modaraba / Nov 6 Unicap Modaraba(UCAPM)	19.06 ▼ -1.52 (-7.39%)
Premier Insurance (R) / Nov 6 Premier Insurance Limited (RIGHT)(PINLR)	0.65 ▼ -0.05 (-7.14%)
Pak Leather Crafts / Nov 6 Pak Leather Crafts Limited(PAKL)	67.54 ▼ -4.94 (-6.82%)
Universal Ins. / Nov 6 The Universal Insurance Company Limited(UVIC)	18.98 ▼ -1.24 (-6.13%)
Paramount Mod / Nov 6 First Paramount Modaraba(FPRM)	13.55 ▼ -0.82 (-5.71%)
Paramount Spinning / Nov 6 Paramount Spinning Mills Limited(PASM)	9.43 ▼ -0.57 (-5.7%)

Stock	Volume
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	687,381,117 ▼ -0.59
Tasdeeq Info. Serv. / Nov 6 Tasdeeq Information Services Limited(TISL)	140,783,607 ▲ 0.29
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	72,154,825 ▲ 0.08
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	47,939,154 ▲ 0.04
Media Times Ltd / Nov 6 Media Times Limited(MDTL)	41,329,381 ▼ -0.07
TPL Properties / Nov 6 TPL Properties Limited(TPLP)	25,069,293 ▲ 0.25
Trust Sec.& Brok. / Nov 6 Trust Securities & Brokerage Limited(TSBL)	24,996,297 ▲ 0.04
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,970,440 ▲ 1
Ist.Capital Sec / Nov 6 First Capital Securities Corporation(FCSC)	21,500,857 ▲ 0.23
B.O.Punjab / Nov 6 The Bank of Punjab(BOP)	21,284,920 ▼ -0.76

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