Trends - Meng Wanzhou - Business Recorder

Meng Wanzhou

Huawei reports huge drop in profits; Meng appointed chairperson

SHENZHEN: Huawei posted a massive drop in 2022 profits on Friday, as the company battered by US sanctions appointed...

Published 03 Apr, 2023 06:36am

Technology

Huawei reports record net profit as exec Meng makes public return

BEIJING: Chinese telecoms giant Huawei on Monday reported record profit for 2021, defying the US sanctions aimed at...

Published 28 Mar, 2022 03:09pm

Technology

Foreign businesses in China rattled by 'hostage diplomacy'

BEIJING: Huawei executive Meng Wanzhou's return from Canada this week was lauded as a diplomatic triumph in China,...

Published 30 Sep, 2021 12:43pm

World

China welcomes Huawei executive home, Trudeau hugs Canadians freed by Beijing

SHENZHEN/TORONTO: Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday ending her near ...

Published 26 Sep, 2021 03:23am

World

Huawei CFO, US reach agreement to resolve bank fraud charges

NEW YORK: Huawei Technologies Chief Financial Officer Meng Wanzhou has reached an agreement with US prosecutors to...

Published 25 Sep, 2021 04:59am

World

‘Canadian’s sentence in China ‘sham trial’ to be appealed’

OTTAWA: Canada will appeal Canadian businessman Michael Spavor’s 11-year jail sentence for spying in China, the...

Published 12 Aug, 2021 04:34am

World

Chinese court upholds death sentence for Canadian in drugs case

BEIJING: A Chinese court on Tuesday upheld the death sentence passed on a Canadian citizen for drug smuggling - one...

Published 11 Aug, 2021 04:27am

Technology

Huawei exec back in Canada court over US extradition request

The hearings are due to end on August 20 but no decision is expected for a few months

Published 05 Aug, 2021 10:36am

World

Huawei exec due back in Canada court over US extradition request

VANCOUVER: The chief financial officer of Chinese tech giant Huawei will be back in a Canadian court on Wednesday ...

Published 04 Aug, 2021 04:14am

Technology

Huawei exec due back in Canada court over US extradition request

The arrests were seen by Ottawa as retaliation for Meng's detention, which Beijing denies

Published 03 Aug, 2021 09:46am

World

US, Canada leaders discuss China's 'arbitrary' detention of Canadians

The two men were detained in apparent retaliation for Canada's arrest on a US extradition warrant of Huawei executive Meng Wanzhou

Published 03 Aug, 2021 09:37am

Technology

Huawei first-quarter sales drop 16.5% as US sanctions bite

So far, not much has changed on that front.

Published 28 Apr, 2021 01:55pm

Technology

Huawei exec seeks months-long delay in US case

They disappeared into authoritarian China's opaque legal system and were recently tried in secret for espionage with a verdict yet to be announced.

Published 20 Apr, 2021 10:33am

Technology

Jurisdiction in Huawei exec's case for US judge to decide: Canada

"This is a matter that can really only be properly litigated before a US trial judge," Frater said, adding that the defense arguments' "flaws run so wide and so deep I scarcely know where to begin."

Published 02 Apr, 2021 10:30am

Technology

US case against detained Huawei executive only a 'concern of China': defence

China's foreign ministry lashed out at Canada's sanctions, retaliating with its own against Canadian officials.

Published 30 Mar, 2021 10:02am

World

Canadian judge questions ex-police officer's refusal to testify in Huawei case

Canada filed a court document last year listing "witness safety" as the reason for Chang's refusal.

Published 26 Mar, 2021 09:48am

World

Trial to start for second Canadian detained in China

"It just confirms that the process is pre-ordained by the Communist Party and this is a political case."

Published 22 Mar, 2021 10:27am

World

Trial for Canadian detained in China to begin

Beijing has insisted the detention of the two Canadians is lawful, while calling Meng's case "a purely political incident".

Published 19 Mar, 2021 10:24am

Technology

Huawei exec accuses Canada of destroying evidence in extradition case

Canada denies it breached Meng's rights. Government lawyers have called on the judge to throw out the allegations, which they said were "supported only by speculation and innuendo," and proceed to extradition.

Published 19 Mar, 2021 09:46am

Canada judge rejects new request in Huawei extradition case

VANCOUVER: A Canadian judge has rejected a request from Huawei's chief financial officer Meng Wanzhou, who wanted...

Published 15 Mar, 2021 05:22am

World

Canada judge rejects new request in Huawei extradition case

Lawyers for Meng believe the affidavits could show the banking giant was aware of the links between Huawei and Skycom, which sold telecom equipment to Iran.

Published 14 Mar, 2021 05:54pm

Technology

Canada says leave politics out of Huawei extradition case

Frater urged the court to toss the claims about Trump, saying they are "moot" now that he has left office.

Published 05 Mar, 2021 09:55am

Technology

Huawei CFO's lawyer disputes what HSBC knew as US extradition case resumes

Meng's arrest caused tensions between Beijing and Ottawa, and soon afterward, China detained two Canadians, who continue to have limited access to legal counsel or diplomatic officials.

Published 02 Mar, 2021 10:16am

Technology

Huawei exec wants Canada's bail conditions eased

The lawyers also accuse Canadian authorities of violating Meng's rights during her interrogation.

Published 24 Dec, 2020 11:36am

FBI was 'persistent' about getting information in Huawei CFO's extradition case, court hears

"At that time I had no idea why there would be passwords to phones obtained by anybody," he said. "I should have asked for clarity."

Published 09 Dec, 2020 10:05am

Business & Finance

Huawei CFO back in Canada court in extradition case as U.S. negotiates resolving charges

U.S. prosecutors are discussing a deal with lawyers for Huawei's Meng to resolve criminal charges against her, a person familiar with the matter said on Thursday.

Published 07 Dec, 2020 04:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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