Home - Business Recorder

Updated 02 Apr, 2025 10:20pm

Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners

Details of Trump’s Liberation Day tariff plans still being formulated and closely held ahead of White House Rose Garden announcement ceremony scheduled for 4 pm Eastern Time

Pakistan

President Zardari tests positive for coronavirus, says President House

Updated 02 Apr, 2025 10:09pm

World

Myanmar quake survivors plead for more help

Updated 02 Apr, 2025 10:45pm

World

UK says ‘does not support’ Israel’s expansion of Gaza offensive

Updated 02 Apr, 2025 10:45pm

Markets

Oil edges higher as market awaits fresh U.S. tariffs

Updated 02 Apr, 2025 08:23pm

Pakistan

Minister of State for Interior represents Pakistan at Border Security Summit 2025 in London

Updated 02 Apr, 2025 10:51pm

Sports

Hay shines as New Zealand beat Pakistan for ODI series win

Updated 02 Apr, 2025 10:19pm

Pakistan

Mohsin Naqvi pays tribute to Martyr Captain Muhammad Ali Qureshi on Eid

Updated 02 Apr, 2025 10:19pm

World

Russia drone strikes on Ukraine kill one, wound 10

Updated 02 Apr, 2025 10:46pm

World

Hezbollah official among four dead in Israeli strike on Beirut

Updated 02 Apr, 2025 10:46pm

Markets

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Updated 02 Apr, 2025 04:37pm

Must Read

Editorials

TTP’s ‘global’ threat

Opinion

Choking growth

Opinion

Yen has weakened due to tariff-related concerns

Life & Style

Swiss watchmaker Rolex debuts new model for 2025

Life & Style

World’s 3,000 billionaires worth $16 trillion: Forbes

Editorials

Drought alarm must not go unheeded

Opinion

‘Unconstitutional’ windfall tax—II

Editorials

Reduction in electricity tariff

Opinion

Realigning business ties with Europe

Editorials

A tax framework designed to fail

BR Research

Breathing crisis: Pakistan’s air quality challenge

No anti-terror decisions without provincial consultation: Naqvi

Massive fire near an oil refinery in Karachi’s Korangi area

PM urges end to Pakistan’s reliance on IMF loans

Pakistan Day 2025 parade at President’s House

PM Shehbaz departs for official visit to Saudi Arabia

Budget 2024-25: income tax calculator for FY25

NJLI Sarmaya Growth Fund Rates

Pakistan extends deadline for expulsion of Afghans

President Zardari tests positive for coronavirus, says President House

Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Minister of State for Interior represents Pakistan at Border Security Summit 2025 in London

IMF allows govt to cut power tariff

Oil edges higher as market awaits fresh U.S. tariffs

President Zardari, PM Shehbaz extend Eid greetings to nation

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 2	149.97
USD to Swiss Franc / Apr 2	0.88
Pound Sterling to USD / Apr 2	1.29
Euro to USD / Apr 2	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 2	76,432.38
Tokyo Nikkei / Apr 2	35,703.81
Hang Seng / Apr 2	23,135.12
FTSE 100 / Apr 2	8,600.97
Germany DAX 30 / Apr 2	22,268.89
France CAC40 / Apr 2	7,830.57

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 2	71.15
Gold Spot USD/Ounce / Apr 2	3,116.61
Cotton US¢/pound / Apr 2	68.26
Petrol/Litre / Apr 3	254.63
Diesel/Litre / Apr 3	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03

Markets →

No anti-terror decisions without provincial consultation: Naqvi

Massive fire near an oil refinery in Karachi’s Korangi area

PM urges end to Pakistan’s reliance on IMF loans

Pakistan Day 2025 parade at President’s House

PM Shehbaz departs for official visit to Saudi Arabia

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Apr 2	149.97
USD to Swiss Franc / Apr 2	0.88
Pound Sterling to USD / Apr 2	1.29
Euro to USD / Apr 2	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
Nasdaq / Mar 28	17,322.99
Dow Jones / Mar 28	41,583.90
India Sensex / Apr 2	76,432.38
Tokyo Nikkei / Apr 2	35,703.81
Hang Seng / Apr 2	23,135.12
FTSE 100 / Apr 2	8,600.97
Germany DAX 30 / Apr 2	22,268.89
France CAC40 / Apr 2	7,830.57

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Crude Oil USD/Barrel / Apr 2	71.15
Gold Spot USD/Ounce / Apr 2	3,116.61
Cotton US¢/pound / Apr 2	68.26
Petrol/Litre / Apr 3	254.63
Diesel/Litre / Apr 3	258.64

NJLI Sarmaya Growth Fund Rates

Pakistan extends deadline for expulsion of Afghans

President Zardari tests positive for coronavirus, says President House

Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Minister of State for Interior represents Pakistan at Border Security Summit 2025 in London

IMF allows govt to cut power tariff

Oil edges higher as market awaits fresh U.S. tariffs

President Zardari, PM Shehbaz extend Eid greetings to nation

Business & Finance

Forex

China’s yuan ends at 1-month low as markets brace for Trump’s tariff plan

SHANGHAI: China’s yuan ended the domestic session at a near one-month low against the dollar on Wednesday, as... Published 02 Apr, 2025 01:55pm

BR Research

Breathing crisis: Pakistan’s air quality challenge

The “2024 World Air Quality Report” provides a stark and concerning picture of air quality in Pakistan, positioning...

Published 28 Mar, 2025 06:49am

MENA

Dubai set to launch self-driving taxis by 2026

Dubai’s Roads and Transport Authority (RTA) has announced the launch of autonomous taxis in the Emirate of Dubai,... Published 02 Apr, 2025 04:45pm

Stocks

European shares fall as investors on edge before US tariffs

European shares fell on Wednesday, weighed by losses in healthcare stocks, while investors were on edge ahead of... Published 02 Apr, 2025 02:02pm

BR Research

Thatta Cement Company Limited

Thatta Cement Company Limited (PSX: THCCL) was incorporated in Pakistan as a public limited company in 1980. The...

Published 28 Mar, 2025 07:10am

Bullion Rate

Gold climbs on safe-haven demand ahead of US reciprocal tariffs

Gold prices extended their gains on Wednesday, following a record high in the previous session, as investors sought... Updated 02 Apr, 2025 04:37pm

Stocks

Stocks on tenterhooks as Trump’s tariff plans loom

SINGAPORE: Asian stocks stuttered on Wednesday, while the safe-haven gold was stuck near record highs as a nervous... Published 02 Apr, 2025 10:08am

Commodities

Ukraine April wheat exports seen at 1 million tons, producers union says

KYIV: Ukraine’s wheat exports are expected to remain high at 1 million metric tons in April, against 1.1 million... Published 02 Apr, 2025 02:23pm

Volvo Cars sales fall 10% in March as fully electric sales dive

STOCKHOLM: Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric cars... Published 02 Apr, 2025 02:20pm

Forex

Kenyan shilling steady; importer demand matches dollar supply

Commercial banks quoted the shilling at 129.00/129.50 per dollar

Published 02 Apr, 2025 02:18pm

BR Research

‘Owning’ the market

Car sales are rising and driving up the premiums as they go. Known locally as “own money”, this is where buyers pay...

Published 27 Mar, 2025 06:59am

BR Research

Oil markets: Geopolitics and Opec+ at the core

Oil prices have been climbing, but not without turbulence. A confluence of geopolitical manoeuvres, supply...

Published 27 Mar, 2025 06:56am

BR Research

Siemens (Pakistan) Engineering

Siemens (Pakistan) Engineering (PSX: SIEM) was incorporated in Pakistan as a public limited company in 1953. The...

Published 27 Mar, 2025 06:52am

BR Research

FDI Uptick, Deeper Worries

Contrary to earlier celebratory headlines, Pakistan’s foreign direct investment (FDI) performance in FY25 remains...

Published 26 Mar, 2025 08:42am

Pakistan

President Zardari tests positive for coronavirus, says President House

Advised to remain in isolation

Updated 02 Apr, 2025 10:09pm

Mohsin Naqvi pays tribute to Martyr Captain Muhammad Ali Qureshi on Eid

Federal Interior Minister Mohsin Naqvi paid homage to the martyrs of the nation on the occasion of Eid, visiting the... Updated 02 Apr, 2025 10:19pm

Minister of State for Interior represents Pakistan at Border Security Summit 2025 in London

Minister of State for Interior Talal Chaudhry participated in the Border Security Summit 2025 held in London, where... Updated 02 Apr, 2025 10:51pm

Pakistan extends deadline for expulsion of Afghans

Deadline extended until beginning of next week due to Eid holidays

Updated 02 Apr, 2025 02:08pm

Pakistan sends 35-ton humanitarian aid to Myanmar

Pakistan on Tuesday dispatched emergency relief supplies and medical aid to crisis-hit Myanmar, according to Radio... Updated 02 Apr, 2025 09:07am

Army chief celebrates Eid with soldiers at western border

Chief of Army Staff (COAS) General Syed Asim Munir celebrated Eid-ul-Fitr with officers and soldiers deployed along... Updated 01 Apr, 2025 04:30pm

World

UN rights council demands Israel ‘prevent genocide’ in Gaza

GENEVA: The UN Human Rights Council on Wednesday condemned Israel’s renewed offensive in Gaza and demanded the... Published 02 Apr, 2025 11:16pm

Netanyahu says Israeli army ‘dissecting’ Gaza to get back hostages

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said on Wednesday that the military is dividing Gaza and... Published 02 Apr, 2025 10:26pm

Europe

UK will not ‘rush into action’ on tariffs

LONDON: Britain’s finance minister said on Wednesday the UK would not “rush into action” over impending US tariffs,... Published 02 Apr, 2025 11:01pm

Europe

NATO allies have pledged over $21bn in aid to Ukraine in 2025, Rutte says

BRUSSELS: NATO allies have pledged more than 20 billion euros ($21.65 billion) in military support for Ukraine in... Published 02 Apr, 2025 07:40pm

South Asia

New Indian bill proposes to revamp Muslim land management, faces backlash

NEW DELHI: The Indian government on Wednesday presented a bill in parliament that plans sweeping changes in the... Published 02 Apr, 2025 02:00pm

Editorials

TTP’s ‘global’ threat

EDITORIAL: For years, Pakistan has sounded the alarm about the Tehreek-e-Taliban Pakistan (TTP), emphasising its...

Missing facilities

EDITORIAL: Our Constitution places responsibility on the state to provide free and compulsory education to all...

Too much of opioids

EDITORIAL: The sheer volume of the imported stuff should raise eyebrows. As a press report reveals, some of our...

Drought alarm must not go unheeded

EDITORIAL: The Pakistan Meteorological Department’s latest warning of impending drought across Sindh, Balochistan...

Pakistanis and the happiness quotient

EDITORIAL: The World Happiness Report 2025, released the other day by Oxford University’s Wellbeing Research Centre,...

Opinion

Choking growth

Shahid Sattar | Absar Ali

Pakistan has reached a staff-level agreement with the IMF, meaning the economy gets to stay afloat for another six...

Yen has weakened due to tariff-related concerns

Asad Rizvi

The activity in the foreign exchange market wrapped up on a lackluster note, failing to establish any clear...

‘Unconstitutional’ windfall tax—II

Huzaima Bukhari | Dr Ikramul Haq | Syed Muhammad Ijaz

Discriminatory without intelligible differentia [Points 7 & 8] The Supreme Court of Pakistan in Federation of...

Realigning business ties with Europe

Farhat Ali

The European Union Ambassador Dr Riina Kionka is reported to have stated this Tuesday that European companies are...

Go fly a kite

Zia Ul Islam Zuberi

How many of us have heard the expression “Go fly a kite”. Usually, it means go away and stop bothering me. A simple...

Perspectives

The unsettling saga of signal-gate

Dr Ajaz Ali

In a shocking breach of communication protocols that has sent ripples through national security circles, a recent...

Digital fundraising reshapes Pakistan’s charitable landscape

Arif Mahmood Chaudhary

In a country where more than 1% of the GDP is contributed to charity, the traditional image of social workers...

From hobby to legend: Pakistan’s gamers forge e-sports into careers

Ali Asger Saifuddin

Imagine a packed internet cafe, the air thick with the clatter of keyboards and the roar of virtual gunfire. Once...

Life Style

Swiss watchmaker Rolex debuts new model for 2025

Land-Dweller was revealed at Watches and Wonders Geneva

Published 02 Apr, 2025 02:46pm

Life & Style

Most Popular

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