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MUFG

Saudi Arabia’s PIF signs MoUs worth up to $51bn with Japanese banks

DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of...

Published 31 Oct, 2024 08:04pm

Markets

Euro tumbles as Macron calls snap French election

NEW YORK: The euro fell sharply on Monday after gains by the far right in European Parliament elections on Sunday...

Published 11 Jun, 2024 03:17am

Business & Finance

Dollar poised for steep weekly fall

NEW YORK: The dollar headed toward one of its steepest weekly declines versus other major currencies this year on...

Published 18 Nov, 2023 06:03am

Business & Finance

Japan’s MUFG hikes rate on long-term deposits for first time in 12 years

TOKYO: MUFG Bank said on Wednesday it would raise interest rates on 10-year yen deposits for the first time since...

Published 01 Nov, 2023 04:47pm

Business & Finance

Sterling heads for second weekly gain, aided by UK support package

LONDON: Britain’s pound headed for a second weekly rise and was close to a one-month high on Friday, helped by a...

Published 28 May, 2022 05:11am

Markets

Gasoline margins jump

MANILA: Benchmark northwest European gasoline barge refining margins jumped on Thursday to over $19 a barrel as oil...

Published 15 Apr, 2022 05:29am

Markets

Dollar index touches 100 for first time in nearly two years

LONDON: The US dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the...

Published 08 Apr, 2022 02:05pm

Markets

Sterling stuck below 1-month high after inflation reading

LONDON: Sterling laboured below a one-month high on Wednesday as traders said a dip in September inflation was...

Published 20 Oct, 2021 02:08pm

Business & Finance

Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050

"In order to lead the way to solutions for climate change, one of the most serious issues facing the world, we will further expand support for customers' efforts towards decarbonisation," the statement said.
The bank will also aim for carbon neutrality in its own operations by 2030, it said. The lender will provide annual updates on its progress toward the 2050 target.

Published 17 May, 2021 09:54pm

World

Investors back off view that Fed could raise rates in late 2022

NEW YORK: US investors who had been betting the Fed would raise rates as early as the end of next year abruptly...

Updated 09 May, 2021 10:30am

Asia consumer business: DBS, StanChart weigh bids as Citi retreats

SINGAPORE: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to...

Published 21 Apr, 2021 03:21am

Business & Finance

Dollar nurses losses in Europe

LONDON: The dollar nursed losses near a one-month low on Wednesday as strong demand at a US bond auction fuelled a...

Updated 15 Apr, 2021 10:07am

Business & Finance

Japan's regulators to check high-risk trades after Archegos

FSA, BOJ to scrutinise banks over Archegos losses – Nikkei.
Move underscores FSA's concern over huge losses at some banks.
Archegos-related losses caught many policymakers off-guard.

Published 07 Apr, 2021 05:36pm

Business & Finance

MUFG says to stick with some coal lending, even as green pressure mounts

Smaller rival Sumitomo Mitsui Financial Group Inc is considering halting new financing for any coal-fired power plants, without exceptions, Reuters previously reported.
"Realistically, it would be very difficult to eliminate all financing of transition projects, given Japan's energy situation," Hanzawa said.

Published 06 Apr, 2021 01:18pm

Business & Finance

Sterling strengthens

LONDON: The pound strengthened against the euro and dollar on Thursday, crossing the key 0.85 level versus the euro...

Published 02 Apr, 2021 04:58am

Markets

Sterling eases after strongest Q1 versus euro since 2015

Euro-sterling's downward trajectory stalled somewhat on Thursday after it came close to, but did not breach, the key 0.85 level in the previous session.
Versus the euro, it was down around 0.1% at 85.2 pence per euro.

Published 01 Apr, 2021 06:02pm

Business & Finance

Dollar up against majors in Europe

LONDON: The dollar held near its highest since November against major currencies on Friday, helped by optimism over...

Published 27 Mar, 2021 05:41am

Markets

Bank Muscat sells $500mn in 5-year bonds

It had given initial price guidance of between 5% and 5.125% for the bonds, another document also from one of the banks on the deal showed.

Published 11 Mar, 2021 12:06pm

Markets

Sterling weakens against resurgent dollar

US Federal Reserve Chair Jerome Powell failed to soothe investor concerns about a recent surge in borrowing costs as he spoke at a Wall Street Journal forum on Thursday, pushing the safe-haven dollar higher.
Sterling fell to a three-week low against the dollar, briefly dropping below $1.38. It was last down 0.6% at $1.3810.

Published 05 Mar, 2021 09:49pm

Business & Finance

Dollar struggles in Europe

LONDON: The US dollar was mired at a three-week low on Tuesday as growing optimism about the outlook of the global...

Updated 17 Feb, 2021 09:34am

Business & Finance

Dollar weakens in Europe

LONDON: The US dollar held near two-week lows on Monday, as optimism about COVID-19 vaccine rollouts and a planned...

Updated 16 Feb, 2021 09:32am

Markets

British vaccines push pound to highest since May against euro

Britain, where some 9 million people have been given their first dose of a vaccine, said it expected its supply of COVID-19 shots would not be interrupted.

Updated 02 Feb, 2021 09:44am

Business & Finance

US core capital goods orders underpinning business investment

WASHINGTON: New orders for key US-made capital goods increased for an eighth straight month in December, pointing to...

Updated 28 Jan, 2021 09:29am

Markets

Malaysian shares gain on rate cut hopes; Asian currencies firm

The Philippines, which has been battling one of the worst COVID-19 outbreaks in Southeast Asia, is set to buy 20 million doses of Moderna's COVID-19 vaccine.

Published 20 Jan, 2021 10:36am

Business & Finance

Dollar reaches one-month high in Europe

LONDON: The US dollar strengthened for a third consecutive day on Monday, reaching a four-week high, as risk ...

Published 19 Jan, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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