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CDU

Momentum with Merkel party after victory in key state poll

"Laschet is still a long way from the chancellor's office," the Sueddeutsche Zeitung daily said. But the poll result has brought him "much closer to it".

Published 07 Jun, 2021 10:09am

World

Merkel party wins big in last German state poll before general election

The CDU under new party chief Armin Laschet won between 35 and 36 percent of the vote, exit polls showed, with the anti-immigration party on between 22.5 and 23.5 percent.

Updated 06 Jun, 2021 09:47pm

World

Final vote test in Germany ahead of post-Merkel-era election

Laschet has promised to maintain CDU as the "force of the political middleground".

Published 06 Jun, 2021 11:28am

World

Crucial test for Merkel's conservatives in Germany regional vote

Although support nationally has stagnated at around 10 to 12 percent for the AfD in recent months, in Saxony-Anhalt -- as in other former East German states -- the party has long had a strong base of support.

Published 03 Jun, 2021 11:12am

World

Germany's finance minister rejects blame for Wirecard fiasco

Olaf Scholz joins a long list of politicians and officials who have denied responsibility for slipshod oversight and what critical lawmakers see as a pro-Wirecard bias that failed to avert Germany's biggest post-war fraud.
The case, on a par with the Enron scandal in the United States, has prompted the resignation of the heads of two German supervisory authorities, an overhaul of regulation, and criminal investigations.

Published 22 Apr, 2021 06:37pm

World

Merkel party leadership backs Laschet as chancellor candidate

After more than six hours of talks, several dozen CDU board members voted 77.5 percent in favour of Laschet.

Published 20 Apr, 2021 10:48am

World

Deal elusive in conservatives' battle for Merkel's crown

The infighting has thrown the conservatives into disarray as Merkel is about to bow out after 16 years in power.

Published 19 Apr, 2021 10:18am

World

Deal elusive in conservatives' battle for Merkel's crown

BERLIN: The two conservative leaders locked in an increasingly vicious battle for Angela Merkel's crown struggled to...

Published 19 Apr, 2021 03:22am

World

German CDU backs Laschet to succeed Merkel as chancellor

Laschet enjoys "broad support" from CDU and Bavarian CSU.
Parties want quick agreement on their chancellor candidate.
Bavarian premier Soeder also wants to be candidate.
Laschet says he will speak to Soeder.

Published 12 Apr, 2021 08:52pm

World

Merkel party chief swings ahead in race to be next chancellor

Long-time Merkel ally Laschet took over as CDU leader in January but has since suffered a series of setback including a damaging spat with Merkel over virus containment measures.

Published 12 Apr, 2021 05:07pm

Markets

Exxon Baton Rouge, Louisiana, refinery restarting CDU, shuts FCC

The 90,000-bpd PSLA-7 CDU was shut on March 27 for a planned cleaning of carbon deposits, the sources said.

Published 09 Apr, 2021 11:31am

Business & Finance

Shell Norco, Louisiana, refinery CDU operating at minimum production, other units shut

Most of the other production units at the refinery remained shut on following a Wednesday afternoon loss of three steam boilers at the refinery, the sources said.

Published 08 Apr, 2021 06:05pm

Markets

Asia gasoline crack extends gains on refinery outages

SINGAPORE: Asia’s gasoline crack extended gains on Wednesday, climbing to a more than one-year high amid refinery...

Published 01 Apr, 2021 04:10am

World

Merkel and party chief at odds over virus measures

BERLIN: The leader of Angela Merkel's Christian Democratic Union party pushed back Monday against the chancellor's...

Updated 31 Mar, 2021 10:14am

Markets

Shell restarting small crude unit at Deer Park, Texas, refinery

The 70,000-bpd DU-1 CDU was shut on Feb. 14 by a pump seal failure, the sources said.

Published 29 Mar, 2021 12:28pm

World

German SPD aims for post-Merkel government without her conservatives

CDU suffered record defeats in twin state votes on Sunday.
National election due in September.
Votes raise possibility of three-way coalition without CDU.

Updated 15 Mar, 2021 09:25pm

Markets

Total restarts large crude unit at Port Arthur, Texas, refinery

Total did not reply to a request for comment.

Published 09 Mar, 2021 10:40am

Business & Finance

Marathon restarts CDU at Galveston Bay Refinery in Texas

After restarting the 225,000 bpd CDU, Marathon began on Monday a planned overhaul of the 140,000 bpd fluidic catalytic cracker 3 (FCC 3), the sources said.
On Sunday, FCC 3 had a propane leak that idled activity at the refinery for much of the day, the sources said. No injuries were reported because of the leak.

Published 08 Mar, 2021 09:59pm

World

German lawmaker from Merkel's conservatives quits over face mask scandal

"In order to avert further damage for my party, I withdraw from my Bundestag mandate," said Nikolas Loebel the conservative Christian Democrats (CDU) party in a statement.
His resignation comes one week before regional elections in the western states of Rhineland-Palatinate and Baden-Wuerttemberg, where Loebel's constituency is.

Published 08 Mar, 2021 07:06pm

Business & Finance

Total Port Arthur, Texas, large CDU to resume production Monday

In addition to beginning the restart of the 150,000-bpd ACU-1 CDU, Total restarted.

Published 08 Mar, 2021 10:21am

Markets

Asia’s gasoline and naphtha crack rises

SINGAPORE: Asia’s gasoline and naphtha cracks both strengthened on Tuesday. The gasoline crack rose for a second...

Published 18 Feb, 2021 04:08am

Business & Finance

New German CDU leader sticks to support for Nord Stream 2

The pipeline, which would double the capacity of the existing Nord Stream link from Russia to Germany and bypass Ukraine.
EU lawmakers passed a resolution on Thursday calling for the bloc to stop the completion of the Nord Stream 2 in response to Navalny's arrest.

Published 25 Jan, 2021 09:35pm

World

German CDU confirms Laschet as new leader in postal ballot

Laschet, premier of Germany's most populous state and the self-styled Merkel continuity candidate, won 83.35% of the valid postal votes cast by 1,001 delegates.
"The CDU remains Germany's Europe party," Laschet told reporters, stressing that he wanted his leadership of the party to be marked by dialogue with its grass roots.

Published 22 Jan, 2021 09:16pm

World

Merkel’s party picks her ally as next leader

BERLIN: Chancellor Angela Merkel’s conservative CDU party picked her ally Armin Laschet as its next leader on...

Updated 17 Jan, 2021 09:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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