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Russian assets

Fewer Russian assets frozen in Germany, finance ministry says

BERLIN: Fewer Russian assets are currently frozen in Germany than a year ago, according to a letter from the finance...

Published 13 Dec, 2024 06:28pm

World

EU’s Kallas wants Russian assets to directly aid Ukraine

LONDON: Frozen Russian assets should be used directly to aid Ukraine, the European Union’s new foreign policy chief...

Published 12 Dec, 2024 05:38pm

World

France to finance Ukraine aid with Russian assets

PARIS: France will use a share of 1.4 billion euros ($1.5 billion) in revenues from frozen Russian assets to finance...

Published 06 Sep, 2024 11:48pm

World

EU countries to provide up to 60% of $50bn loan for Ukraine, Italy says

ROME: European Union countries are set to provide up to 60% of the $50 billion loan that the Group of Seven major...

Published 21 Jun, 2024 07:25pm

World

World leaders join Ukraine summit in test of Kyiv’s diplomatic clout

LUCERNE: World leaders gather in Switzerland on Saturday for a summit aimed at pressuring Russia to end its war in...

Updated 15 Jun, 2024 04:47pm

World

Putin says freezing of Russian assets in West is ‘theft’

MOSCOW: Russian President Vladimir Putin on Friday branded as “theft” the freezing of Russian assets abroad and...

Published 14 Jun, 2024 06:19pm

World

G7 agrees on loan deal to support Ukraine with Russian assets

BORGO EGNAZIA (Italy): Leaders of the Group of Seven (G7) major democracies agreed an outline deal on Thursday to...

Published 14 Jun, 2024 06:31am

World

G7 leaders agree to unblock $50bn for Ukraine by end of 2024: France

PARIS: Group of Seven leaders have agreed to provide Ukraine with $50 billion via the use of frozen Russian assets...

Published 13 Jun, 2024 12:20am

World

G7 ministers move closer to Russian assets deal to help Ukraine

STRESA: G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets...

Published 25 May, 2024 10:46am

World

Russia says EU will feel ‘full measure’ of retaliation over plan to use frozen assets to help Ukraine

MOSCOW: Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that the European Union will feel the...

Published 23 May, 2024 04:49pm

World

Yellen sees ‘possibility’ of $50bn Ukraine loan from seized Russian assets

LONDON: US Treasury Secretary Janet Yellen said there was a possibility G7 nations would support Ukraine by as much...

Published 21 May, 2024 07:50pm

World

Russia warns Europe: if you take our assets, we have a response that will hurt

MOSCOW: An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to...

Published 23 Apr, 2024 01:48pm

World

Russia should confiscate Western assets now after US move, top lawmaker says

MOSCOW: Russia now has grounds to confiscate Western assets after the US House of Representatives passed legislation...

Published 22 Apr, 2024 11:35am

World

G7 seeing if it can draw on frozen Russian assets, Italy says

CAPRI: The Group of Seven (G7) major powers are looking to see if they can use frozen Russian assets held in the...

Published 19 Apr, 2024 05:39pm

World

Three killed, 20 injured in Russian strikes on southern Ukraine

KYIV: Russian strikes overnight killed three people and injured 20 in the southern Dnipropetrovsk region, Ukrainian...

Published 19 Apr, 2024 11:36am

World

G7 eyeing using frozen Russian assets as collateral for Ukraine loans, EU official says

WASHINGTON: Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral...

Published 18 Apr, 2024 08:09pm

World

Yellen says it’s important to unlock value of Russian assets to aid Ukraine

WASHINGTON: The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock...

Published 16 Apr, 2024 10:31pm

World

Russia says EU frozen assets plan is theft, will lead to decades of lawsuits

MOSCOW: Russia on Wednesday said a proposal by European Union foreign policy chief Josep Borrell to take 90% of...

Published 20 Mar, 2024 05:05pm

World

EU’s Borrell wants to use 90% of frozen Russian assets revenues to buy arms for Ukraine

BRUSSELS: European Union foreign policy chief Josep Borrell said on Tuesday he will propose that the EU uses 90...

Published 19 Mar, 2024 04:40pm

World

G7 finance meeting marred by divisions over seizing Russian assets

SAO PAULO: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S. Treasury Secretary Janet...

Published 28 Feb, 2024 10:57pm

World

UK’s Sunak backs ‘bolder’ action on frozen Russian assets

LONDON: British Prime Minister Rishi Sunak urged the West on Sunday to be “bolder” in seizing Russian assets and to...

Published 25 Feb, 2024 04:44pm

World

Russia warns the West: we will be very tough if you ‘steal’ our assets

MOSCOW: Russia warned the West on Tuesday that Moscow would be very tough if the United States and European Union...

Published 13 Feb, 2024 01:32pm

World

Swiss have frozen $8.8 billion of Russian assets

ZURICH: Switzerland has frozen an estimated 7.7 billion Swiss francs ($8.81 billion)in financial assets belonging to...

Published 01 Dec, 2023 05:43pm

World

EU working on proposal for frozen Russian assets: von der Leyen

BRUSSELS: The European Commission is working on a proposal to pool some of the profits derived from frozen Russian...

Published 27 Oct, 2023 07:54pm

World

Ukraine to get 1.7bn euros from frozen Russian funds: Belgium

BRUSSELS: Ukraine is to receive 1.7 billion euros ($1.8 billion) from taxes on interest generated from Russian funds...

Published 11 Oct, 2023 11:01pm

World

Yellen signals support for windfall tax on frozen Russian assets

WASHINGTON: U.S. Treasury Secretary Janet Yellen has voiced support for a European Union plan to impose a windfall...

Published 21 Sep, 2023 09:47pm

World

Over $8bn of Russian central bank assets held in Switzerland

GENEVA: A total of 7.4 billion Swiss francs ($8.3 billion) of reserves and assets of the Russian central bank are...

Published 10 May, 2023 05:55pm

World

'Not easy' to seize Russia assets: EU task force head

STOCKHOLM: EU plans to seize Russian assets following Moscow's invasion of Ukraine, prioritising state assets of...

Published 25 Mar, 2023 12:12am

World

Russian assets worth around $5.7bn sanctioned in Germany

BERLIN: Russian assets worth around 5.32 billion euros ($5.69 billion) have been sanctioned in Germany over the...

Published 18 Feb, 2023 01:20pm

Opinion

Seizing Russian assets is easier said than done

The idea is seductively simple: the West should turn over billions of dollars of frozen Russian assets to Ukraine to...

Published 13 Feb, 2023 06:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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