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chipmakers

China targets Nvidia with antitrust probe, escalating US chip tensions

BEIJING: China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the...

Published 09 Dec, 2024 09:16pm

Markets

Chinese stocks shrug off latest US chip crackdown

HONG KONG/SHANGHAI: China’s main stock indexes initially fell but rallied at the close on Tuesday as chipmakers...

Published 04 Dec, 2024 03:14am

World

Laggard EU seeks growth fixes to compete in global shift to new technologies

BRUSSELS: The European Union risks being left behind by the United States, China and other rivals in the global ...

Published 16 Apr, 2024 03:38am

Markets

Dow, S&P 500 slip, but still set for this year’s best week

NEW YORK: The blue-chip Dow and the benchmark S&P 500 eased on Friday, but they remained on track for strong...

Published 23 Mar, 2024 05:41am

Markets

Wall St dips as traders assess hot inflation data

NEW YORK: Wall Street’s main indexes slipped on Thursday after hotter-than-expected producer prices data likely...

Published 15 Mar, 2024 04:14am

Markets

European shares drop as Mideast fears weigh

PARIS: European shares fell on Wednesday, dragged by a drop in shares of chipmakers and British drugmaker...

Published 19 Oct, 2023 05:10am

Business & Finance

Chipmakers’ plans for factories in Europe, US and Asia

NEW YORK: Chipmakers across the globe are pouring billions of dollars in investment to set up new plants, encouraged...

Published 07 Aug, 2023 06:34am

Markets

China stocks flat as recovery optimism offset by Sino-US tension

SHANGHAI: China stocks ended roughly flat on Thursday as investors weighed fresh evidence of economic recovery...

Published 07 Apr, 2023 06:06am

Business & Finance

Japan to restrict chip manufacturing machine exports to China

TOKYO: Japan’s government will begin restricting exports of advanced semiconductor manufacturing equipment to China...

Published 04 Feb, 2023 02:31pm

Markets

Wall St falls as Fed decision looms

NEW YORK: US stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on interest rates later in ...

Published 02 Feb, 2023 06:12am

Business & Finance

ASML: Steps made towards deal on curbing exports to China

THE HAGUE: ASML Holding NV said on Saturday it understood progress had been made towards an agreement among several...

Published 28 Jan, 2023 02:42pm

Opinion

Slim chance of Asian equities rebounding

2022 turned out to be an annus horribilis for Asian equities as an uber-hawkish Fed and unrelenting dollar strength...

Updated 05 Jan, 2023 06:26am

Markets

Nasdaq dives on Fed rate hike worries, rout in chipmakers

NEW YORK: The Nasdaq index tumbled nearly 3% on Thursday after a fresh batch of data showing a resilient economy...

Published 23 Dec, 2022 05:54am

Technology

Cisco to open new chip design center in Barcelona, Spain says

MADRID: U.S. tech giant Cisco Systems Inc. will open a new semiconductor chip design center in the northeastern...

Published 10 Nov, 2022 08:02pm

Business & Finance

Germany blocks Chinese stake in two chipmakers

BERLIN: The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor...

Published 10 Nov, 2022 07:37am

Markets

Nasdaq falls as US export controls on China weigh on chip stocks

NEW YORK: The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China’s...

Published 11 Oct, 2022 07:21am

Markets

Chipmakers lead China stocks higher

SHANGHAI: China stocks edged up on Wednesday, led by chipmakers on expectations of national support, while gains ...

Published 08 Sep, 2022 05:43am

Markets

Chip stocks fall as Micron outlook signals easing demand

A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global...

Published 01 Jul, 2022 04:38pm

Markets

Chipmakers see limited impact for now, as Russia invades Ukraine

TOKYO/TAIPEI: Large chip companies said they expected limited supply chain disruption for now from the ...

Published 24 Feb, 2022 04:53pm

Markets

Big Tech, chipmakers power Nasdaq as Omicron worries subside

NEW YORK: The Nasdaq rallied more than 2% on Tuesday as technology firms bounced back on easing concerns around the...

Published 08 Dec, 2021 06:22am

Business & Finance

Hyundai Motor aims to develop chips, cut reliance on chipmakers

SAN FRANCISCO: Hyundai Motor's global operating officer said on Wednesday the automaker wants to develop its own...

Published 14 Oct, 2021 12:01am

Markets

Tech mega-caps knock 1pc off Nasdaq; banks lift Dow

NEW YORK: The Nasdaq index slipped more than 1% on Monday as investors swapped technology heavyweights for stocks...

Published 28 Sep, 2021 05:12am

Business & Finance

Intel to invest up to 80bn euros in boosting EU chip capacity

The CEO says the aim was for a "total project of 80 billion euros ($94.77 billion) over the next decade that would be a catalyst for the semiconductor industry... a catalyst for the entire technology industry"

Published 07 Sep, 2021 10:19pm

Business & Finance

Hyundai Motor Q2 net profit soars, beats estimates

That compared with an average analyst forecast of 1.6 trillion won compiled by Refinitiv Smart Estimate

Published 22 Jul, 2021 11:18am

Business & Finance

Merkel urges ‘catch up’ as Germany opens semiconductor factory

DRESDEN, (Germany): Leading car parts supplier Bosch inaugurated a new semiconductor factory in Germany on Monday,...

Published 08 Jun, 2021 04:09am

Markets

Wall Street flat; tech shares shrug off G7 tax deal

QTS Realty surges on reports of deal with Blackstone.
Biogen gains ahead of FDA decision on Alzheimer's drug.
"Meme stocks" extend rally led by retail participation.
Indexes down: Dow flat, S&P and Nasdaq dip 0.13%.

Published 07 Jun, 2021 08:46pm

Business & Finance

Infineon warns of chip supply issues until 2022

FRANKFURT: German semiconductor producer Infineon warned Tuesday that microchip supply bottlenecks could continue...

Updated 17 May, 2021 09:58am

Business & Finance

Intel seeks 8bn euros in subsidies for European chip plant

"What we're asking from both the US and the European governments is to make it competitive for us to do it here compared to in Asia," Gelsinger told Politico Europe in an interview.

Published 30 Apr, 2021 04:45pm

Markets

Thursday’s early afternoon trade: S&P 500 hits 4,000 mark for the first time

NEW YORK: The S&P 500 breached the 4,000 mark for the first time on Thursday, powered by gains in technology...

Published 02 Apr, 2021 04:58am

Markets

Japan’s Topix gains most in 7 months

TOKYO: Japan’s Topix Index on Monday jumped the most in seven months, as a pause in sell-offs in US treasuries...

Published 02 Mar, 2021 05:50am

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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