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Foxconn interest in Nissan on hold amid Honda merger talks

Taiwan’s Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explores a potential merger with...

Published 20 Dec, 2024 05:09pm

Business & Finance

Taiwan’s Foxconn in talks with Renault over Nissan stake: report

TAIPEI: Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker...

Published 19 Dec, 2024 12:50pm

Technology

Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event

Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

Published 17 Dec, 2024 11:03am

Technology

Taiwan’s Foxconn says global manufacturing footprint to shield it from Trump’s tariffs

TAIPEI: Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from US President-elect Donald Trump...

Published 27 Nov, 2024 10:27am

Technology

Foxconn tells India recruiters: Nix marital status in iPhone job ads

SRIPERUMBUDUR: Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in...

Published 18 Nov, 2024 11:18am

Technology

Taiwan tech giant Foxconn posts $1.5bn Q3 net profit

TAIPEI: Taiwanese tech giant Foxconn on Thursday reported a forecast-topping net profit for the third quarter and...

Published 14 Nov, 2024 01:11pm

Business & Finance

Taiwan’s Foxconn says building world’s largest ‘superchip’ plant

TAIPEI: Taiwanese tech giant Foxconn said Tuesday it was building the world’s largest production facility for US...

Published 08 Oct, 2024 11:46am

World

Foxconn hiring: Modi’s govt urges Indian state to look into Reuters report

BENGALURU: Indian Prime Minister Narendra Modi’s government on Wednesday said it has asked the Tamil Nadu state to...

Published 27 Jun, 2024 06:52am

Technology

Foxconn’s Q1 profit to jump from low base, AI to power growth

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Tuesday that...

Published 10 May, 2024 01:24pm

Markets

Foxconn shares surge 9.5% after Q4 profit beats market estimates

TAIPEI: Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day...

Published 15 Mar, 2024 11:02am

Technology

Foxconn cancels first shift on Tuesday at Indian iPhone facility after extreme weather

BENGALURU: Taiwan’s Foxconn has cancelled the first shift on Tuesday at its Indian facility that makes Apple iPhones...

Published 05 Dec, 2023 10:59am

World

India approves $360m in investments in IT hardware sector

MUMBAI: The Indian government has approved investments worth 30 billion Indian rupees ($360.4 million) in the IT...

Published 19 Nov, 2023 03:14am

Technology

Foxconn faces tax audit, land use probe

BEIJING: Foxconn Technology Group , Apple Inc’s largest supplier of iPhones, has been subjected to tax audits at...

Published 22 Oct, 2023 11:31am

Technology

Tech giants Foxconn, Nvidia announce they are building ‘AI factories’

TAIPEI: Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create “AI...

Published 18 Oct, 2023 11:45am

Business & Finance

Foxconn boss sees potential to invest billions in India

TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest “several...

Published 15 Aug, 2023 06:30am

Technology

Apple supplier Foxconn’s Q2 profit slips 1%, beats forecasts

Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt...

Published 14 Aug, 2023 12:55pm

Business & Finance

Foxconn plans $500m component factories in India

BENGALURU: Apple’s main supplier, Foxconn Technology Group, is planning to invest close to $500 million to build...

Published 07 Aug, 2023 06:34am

Business & Finance

Foxconn’s July sales drop 1.23% y/y, Q3 outlook better

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on...

Published 05 Aug, 2023 02:53pm

Technology

Foxconn to invest $600mn in India to make iPhone components, chipmaking equipment

BENGALURU: Taiwan’s Foxconn will invest $600 million in two projects in Karnataka state in southern India to make...

Published 02 Aug, 2023 03:30pm

Markets

Foxconn unit to sign $194mn components plant deal with India’s Tamil Nadu

CHENNAI: A Foxconn unit will on Monday sign an agreement with India’s Tamil Nadu state to build a new facility for...

Published 31 Jul, 2023 11:39am

Business & Finance

India’s Gujarat in talks with Foxconn for its semiconductor plant

AHMEDABAD: India’s Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official...

Published 12 Jul, 2023 05:45pm

Technology

Foxconn eyes India chipmaking incentives after quitting $19.5bn JV

TAIPEI/NEW DELHI: Taiwan’s Foxconn said on Tuesday it plans to apply for incentives that India is offering under its...

Published 11 Jul, 2023 01:53pm

Business & Finance

Foxconn dumps $19.5bn Vedanta chip plan in blow to India

TAIPEI/BENGALURU: Taiwan’s Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture...

Published 10 Jul, 2023 05:02pm

Technology

Foxconn to invest $246mn in 2 projects in northern Vietnam

HANOI: The world’s largest contract electronics maker and assembler, Foxconn, has received approval from Vietnam to...

Published 30 Jun, 2023 10:27am

Business & Finance

Foxconn predicts huge growth in AI server business

TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial...

Published 05 Jun, 2023 03:27am

Technology

Modi’s chip making plan flounders as firms struggle to find tech partners

NEW DELHI/OAKLAND: Big companies including a Foxconn joint venture that bid for India’s $10 billion semiconductor...

Published 01 Jun, 2023 12:39pm

Technology

Foxconn sees AI driving strong server demand, but full year to be flat

TAIPEI: Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive...

Published 31 May, 2023 02:41pm

Business & Finance

iPhone maker Foxconn’s profits slump 56pc in Q1

TAIPEI: Profits for Taiwanese tech giant and key Apple supplier Foxconn fell 56 percent in the first quarter, it...

Published 15 May, 2023 06:41am

Business & Finance

iPhone maker Foxconn buys huge site in India tech hub

BENGALURU: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub...

Published 09 May, 2023 05:18pm

Technology

Apple craze draws long queues at opening of first India store

MUMBAI: About 200 Apple fans hoping to be among the lucky few to enter the tech giant’s first retail store in India...

Updated 18 Apr, 2023 03:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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