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German

Volkswagen’s $5bn investment in Rivian boosts EV maker’s shares

SAN FRANCISCO: German automaker Volkswagen Group will invest up to $5 billion in US electric-vehicle maker Rivian as...

Published 26 Jun, 2024 11:27am

World

Top UN court to rule on Germany/Nicaragua Gaza genocide case

THE HAGUE: The top UN court said it will rule Tuesday on charges by Nicaragua that Germany is breaching the 1948...

Published 27 Apr, 2024 05:03am

Business & Finance

BASF plans more German cuts even as group profit set to rebound

FRANKFURT: Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its Ludwigshafen...

Published 26 Feb, 2024 05:07am

World

Germany’s Scholz urges ‘mass production’ of arms in Europe

UNTERLÜß (Germany): Europe must ramp up production of armaments massively and urgently, German Chancellor Olaf...

Published 13 Feb, 2024 05:59am

World

German train drivers to hold three-day strike: union

BERLIN: German train drivers will start a nationwide three-day strike from Wednesday after wage talks broke down, ...

Published 08 Jan, 2024 12:12am

World

German coalition parties at loggerheads as budget crisis grows

BERLIN: Germany’s coalition partners intensified efforts on Wednesday to find a way to plug a 17-billion-euro...

Published 07 Dec, 2023 04:35am

Pakistan

Pakistan urged to learn from German experience to decrease smoking prevalence

ISLAMABAD: Pakistan can effectively learn from German experience to bring down smoking trends in Pakistan by using...

Published 25 Nov, 2023 05:19am

World

German government to review aid for Palestinians

BERLIN: The German government said on Sunday it was reviewing its hundreds of millions of euros of aid for...

Published 09 Oct, 2023 06:24am

Business & Finance

Birkenstock eyes pricing IPO at top of range

NEW YORK: Birkenstock Holding Ltd has secured enough commitments from investors to price its US initial public...

Published 09 Oct, 2023 06:24am

Opinion

Remembering Dr Ruth Pfau

“Our human compassion binds us the one to the other – not in pity or patronizingly, but as human beings who have...

Updated 09 Aug, 2023 06:21am

Business & Finance

Bayer announces 2.5-bn-euro writedown over herbicide glyphosate

BERLIN: German chemicals giant Bayer said Monday it would take a huge 2.5-billion-euro ($2.8 billion) writedown on...

Published 31 Jul, 2023 06:43am

Business & Finance

Business confidence slips further as Germany faces sluggish recovery

BERLIN: German business morale deteriorated in July for the third month in a row, a survey showed on Tuesday, as...

Published 31 Jul, 2023 06:43am

World

Charles III to travel to France, Germany in first foreign visits as king

BERLIN: Britain’s King Charles III will travel to France and Germany on his first state visits abroad, the German...

Published 03 Mar, 2023 06:59pm

World

Western allies discussing ‘security guarantees’ with Kyiv: Scholz

BERLIN: Chancellor Olaf Scholz said Thursday that Germany and its allies were in talks with Kyiv over future...

Published 02 Mar, 2023 02:40pm

Business & Finance

Zalando to cut hundreds of jobs

BERLIN: German online fashion retailer Zalando is to cut hundreds of jobs across the company, citing over-expansion...

Published 27 Feb, 2023 06:17am

Business & Finance

Mercedes profits jump in 2022, but ‘sluggish’ start to 2023

FRANKFURT: German carmaker Mercedes-Benz reported a jump in profits for 2022 on Friday thanks to strong demand for...

Published 17 Feb, 2023 02:10pm

Markets

German cabinet approves gas, electricity price brake

BERLIN: The German cabinet has approved planned gas and electricity price brakes in an expedited process, Chancellor...

Published 26 Nov, 2022 04:13am

Supplements

Tag der Deutschen Einheit Day of German Unity: Message from H.E. Dr. Ruediger Lotz Consul General of Federal Republic of Germany in Karachi

TEXT: On October 3, 1990, the two parts of our country were reunited. This year Germany celebrates the 32nd...

Published 03 Oct, 2022 05:52am

Technology

German antitrust watchdog may assess Meta’s privacy obligations, court adviser says

BRUSSELS: Antitrust authorities may assess whether companies comply with EU data protection rules during their...

Published 20 Sep, 2022 01:08pm

World

Afghan female journalist struggles for women ‘heroes’ from exile

BERLIN: It was when the Taliban came to arrest her and her brother in October that Fawzia Saidzada, an Afghan...

Published 26 Aug, 2022 03:40pm

Business & Finance

Lufthansa expects positive quarter despite airport chaos

FRANKFURT: German national carrier Lufthansa said Friday it would record its best quarter since the start of the...

Published 18 Jul, 2022 06:22am

Business & Finance

German inflation to come in close to 7% this year, Bundesbank says

FRANKFURT: Inflation in Germany will come in close to 7% this year, Bundesbank President Joachim Nagel said on...

Published 11 May, 2022 12:18pm

World

Russia and Ukraine say Berlin talks fail to yield breakthrough

MOSCOW/KYIV: Russia and Ukraine said they had failed to reach any breakthrough in a day of talks with French and...

Published 11 Feb, 2022 11:39am

Business & Finance

German exports rise, output falls slightly in November

BERLIN: German exports grew in November despite persisting supply bottlenecks in manufacturing, and industrial ...

Published 07 Jan, 2022 12:30pm

World

Berlin and Kremlin envoys to meet over Ukraine, says source

BERLIN: Senior German and Russian government officials have agreed to a rare in-person meeting next month in an...

Published 26 Dec, 2021 03:57am

World

Russia expels two German diplomats in tit-for-tat move

MOSCOW: Russia on Monday expelled two German diplomats in response to a spat with Berlin over a German court’s...

Published 21 Dec, 2021 04:14am

Business & Finance

German exports shoot up 4.1% in October

BERLIN: German exports grew at their strongest pace in more than a year in October despite persistent supply...

Published 09 Dec, 2021 01:14pm

World

Macron tells Germany's Scholz: 'We will write the next chapter together'

PARIS: French President Emmanuel Macron on Wednesday told new German Chancellor Olaf Scholz the two countries would...

Updated 08 Dec, 2021 03:43pm

World

Last two candidates fight it out to face Hungary's Orban

BUDAPEST: A veteran pro-European and a conservative economist face off in a week-long opposition primary in Hungary...

Published 10 Oct, 2021 10:37am

World

SPD-led German coalition doable by year end, party co-leader says

BERLIN: A three-way German government led by the Social Democrats (SPD) should be ready to take office by the end of...

Published 03 Oct, 2021 04:16am

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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