Trends - Mitsubishi - Business Recorder

Mitsubishi

Japan’s Nikkei ends nearly flat

TOKYO: Japan’s Nikkei share average closed nearly flat on Tuesday, giving up most of its early gains as investors...

Published 28 Feb, 2024 06:10am

Markets

Tokyo shares extend record gains

TOKYO: Tokyo stocks built on recent gains Monday after Wall Street hit fresh all-time highs and Japan’s benchmark...

Published 27 Feb, 2024 03:06am

Technology

Nissan, Mitsubishi still plan investment in Renault EV unit

PARIS: Renault’s long-standing partners Nissan and Mitsubishi still intend to invest in the French car maker’s...

Published 06 Dec, 2023 01:49pm

Business & Finance

Mitsubishi Motors to end production in China

TOKYO: Japan’s Mitsubishi Motors will end production in China, the company said on Tuesday, after failing to keep...

Published 25 Oct, 2023 06:19am

Business & Finance

Mitsubishi raises profit forecast on higher coal, LNG prices

TOKYO: Mitsubishi Corp on Tuesday raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7...

Published 08 Nov, 2022 05:56pm

Business & Finance

Musk’s banks may have a way to cut losses from Twitter deal

NEW YORK: Elon Musk’s banks, faced with huge losses on their commitment to finance the $44 billion buyout of...

Published 12 Oct, 2022 05:46am

Opinion

Ukraine enlists public in push for high-tech ‘Army of Drones’

In an undulating expanse of grassland at the city limits, a pick-up truck kicks up dust as it hurtles downhill, its...

Published 17 Jul, 2022 05:19am

Markets

Oil prices fall on fears of aggressive Fed rate hike

Oil prices fell on Thursday despite forecasts for a steeper rise in energy demand, with crude turning negative on...

Published 11 Feb, 2022 12:39am

Opinion

Revisiting the supply chain

Covid-19 has upended the supply chain! Time for a revisit. In the 1960s, it was called the “Purchase...

Published 27 Jan, 2022 04:05am

Business & Finance

Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

TOKYO: Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop...

Published 24 Jan, 2022 06:50am

Business & Finance

Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week

Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric...

Published 23 Jan, 2022 08:06pm

Gas to be provided only during meal times, Senate told

Hammad Azhar says government is trying to provide gas to both domestic and industrial consumers

Updated 13 Nov, 2021 12:59pm

Markets

White gold gamble: Togo turns to private sector for cotton revival

LOME: In a bold but contested strategy, the West African state of Togo has bet heavily on the private sector to...

Published 01 Jul, 2021 04:09am

Business & Finance

Packages, Mitsubishi finalise price for Tri-Pack stake

As per JV agreement between the parties, the company has first right of refusal to purchase the entire shareholding of Mitsubishi Corporation.

Published 17 May, 2021 10:47am

Markets

Japanese shares rise as strong U.S. job data lifts sentiment, index heavyweights advance

The Nikkei share average advanced 0.82pc to 30,097.50 by 0157 GMT, while the broader Topix rose 0.5pc to 1,981.53.

Published 05 Apr, 2021 08:41am

Business & Finance

Packages Limited mulls to grab further stake of Tri-Pack

“As per JV agreement between the parties, the company has first right of refusal to purchase the entire shareholding of Mitsubishi Corporation,” stated Packages Limited.

Published 13 Feb, 2021 10:45am

Business & Finance

Indonesia to give tax incentives for sales of some cars

The automakers association Gaikindo had previously been pushing the government for months for tax breaks to entice buyers.

Published 12 Feb, 2021 10:52am

Business & Finance

Toyota, Mitsubishi Elec win share of Japan's $2.4bn subsidies for bringing manufacturing home

Mitsubishi Electric has agreed to buy part of a plant in western Japan from Sharp Corp to produce power management chips.

Published 20 Nov, 2020 04:21pm

Business & Finance

Mitsubishi Motors to cut 500-600 jobs to reduce costs: sources

The auto company is expected to post a net loss of 360 billion yen in the financial year to March 2021, hurt by a plunge in sales due in part to the coronavirus pandemic.

Published 26 Sep, 2020 10:14am

Markets

Mitsubishi UFJ Lease to buy Hitachi Capital in deal worth $2.8bn

Japanese business magazine Diamond reported the transaction earlier on Thursday.

Published 24 Sep, 2020 04:22pm

Business & Finance

Mitsubishi Motors hits all-time low as ASEAN sales dive raise recovery doubts

The automaker has bet on growth in Indonesia, Philippines, Thailand and Vietnam where it has dominated bigger rivals, and which have felt the brunt of the coronavirus pandemic later than China and other developed countries.

Published 28 Jul, 2020 10:21am

Business & Finance

Mitsubishi Heavy says in talks to acquire Mitsui E&S ship business

Mitsubishi Heavy, Japan's biggest defence company, better compete for naval contracts. It could also mark a tentative step towards consolidation among Japan's numerous military equipment makers.

Published 12 Jun, 2020 04:36pm

Business & Finance

Mitsubishi Elec to acquire plant from Sharp to boost EV power chip output

Mitsubishi, a major supplier of such chips to Toyota Motor Corp, said it would invest about 20 billion yen ($187 million) to acquire two idled facilities at Sharp's chip plant and launch production lines there.

Published 11 Jun, 2020 06:15pm

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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