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Nippon Steel

US foreign investment panel split on Nippon-US Steel deal, FT reports

The US Treasury has informed Japan’s Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of US...

Published 15 Dec, 2024 10:42am

Business & Finance

Indian steel mills feel crunch from cheap Chinese imports

India’s construction boom with its gleaming highrises and multilane highways was supposed to drive up domestic steel...

Published 04 Dec, 2024 11:12am

Business & Finance

Trump reiterates opposition to Nippon Steel’s takeover of US Steel

US President-elect Donald Trump said on Monday a series of tax incentives and tariffs will revive storied American...

Published 03 Dec, 2024 12:33pm

Business & Finance

Nippon Steel says expects to close US Steel takeover by end of 2024

TOKYO: Japan’s Nippon Steel said on Thursday that it still expects to close its takeover of US Steel this year,...

Published 07 Nov, 2024 02:26pm

World

US decision on Nippon bid for US Steel pushed back until after election

WASHINGTON: The US national security panel reviewing Nippon Steel’s $14.9 billion bid for US Steel let the companies...

Published 18 Sep, 2024 08:49am

World

Kamala Harris gears up for debate as Trump talks economy

PITTSBURGH: Vice President Kamala Harris travels to the crucial battleground state of Pennsylvania on Thursday,...

Published 05 Sep, 2024 12:45pm

Markets

Japan’s Nikkei edges lower on stronger yen, chip losses

TOKYO: Japan’s Nikkei share average fell on Thursday, weighed down by a stronger yen and losses in...

Published 05 Sep, 2024 10:24am

World

US warned Nippon its US Steel bid poses a national security risk, sources say

WASHINGTON: The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of US...

Published 05 Sep, 2024 10:09am

Business & Finance

Japan’s Nippon Steel full-year profit down 21%, beats estimates

TOKYO: Nippon Steel, Japan’s biggest steelmaker, posted on Thursday a 20.8% fall in net profit for the year ended in...

Published 09 May, 2024 12:08pm

Business & Finance

Biden expresses opposition: Nippon Steel intends to pursue US Steel deal

TOKYO: Nippon Steel intends to pursue its proposed acquisition of US Steel and wants its “deep roots” in the...

Published 01 Apr, 2024 05:34am

Markets

Nippon Steel says no layoffs, no plant closures at US Steel till 2026

TOKYO: Japan’s Nippon Steel said on Friday that under its proposed takeover of US Steel there would be no layoffs...

Published 15 Mar, 2024 11:04am

Markets

Tokyo stocks open lower

TOKYO: Tokyo stocks opened lower on Tuesday as investors awaited a key Bank of Japan policy decision later in the...

Published 19 Dec, 2023 11:01am

Markets

Nippon Steel confident hefty premium for US Steel makes sense

TOKYO: Nippon Steel said on Tuesday it can afford to pay $14.9 billion for US Steel, justifying the huge premium it...

Published 19 Dec, 2023 10:04am

Business & Finance

Japan’s Nippon Steel to buy US Steel in $14.9bn deal

TOKYO: Japan’s Nippon Steel said on Monday it would buy US Steel in a deal valued at $14.9 billion, helping it add...

Published 19 Dec, 2023 05:20am

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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