Trends - Tariffs - Business Recorder

Tariffs

Trump wants EU to buy more US oil and gas or face tariffs

US President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its...

Updated 20 Dec, 2024 11:20pm

World

Canada says it will respond robustly if US imposes tariffs

TORONTO: Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead with a...

Updated 14 Dec, 2024 09:30pm

World

China pledges more debt, rate cuts as Trump tariff threats loom

BEIJING: China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to...

Published 12 Dec, 2024 05:53pm

Markets

Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say

China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher...

Published 11 Dec, 2024 08:32pm

Editorials

100 percent tariffs for BRICS

EDITORIAL: US President-elect Donald Trump wrote on Truth Social, his social media platform, that if BRICS countries...

Updated 03 Dec, 2024 06:46am

Opinion

Implications of the US-China trade war

Six years after their imposition, the Section 301 tariffs under the US Trade Act of 1974 continue to significantly...

Updated 02 Dec, 2024 07:39am

World

Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes...

Published 29 Nov, 2024 08:34pm

Markets

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

SINGAPORE/LONDON: Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to...

Published 28 Nov, 2024 04:51pm

World

China state media warn Trump against mutually destructive tariff war

BEIJING: China’s state media warned US President-elect Donald Trump his pledge to slap additional tariffs on Chinese...

Updated 27 Nov, 2024 05:56pm

World

Donald Trump vows to slap 25% tariffs on Mexico, Canada, 10% tariffs on China

WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from...

Updated 26 Nov, 2024 10:45pm

Business & Finance

IMF warns Asia retaliatory tariffs could undermine growth

CEBU (Philippines): The International Monetary Fund (IMF) warned on Tuesday that “tit-for-tat” tariffs could...

Published 25 Nov, 2024 06:15am

Editorials

Trump tariffs and trade wars

EDITORIAL: Donald Trump’s return to the White House could not have come at a worse time for the Eurozone, just ...

Updated 08 Nov, 2024 08:32am

World

How Trump’s second administration affects business: Musk, tariffs and more

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American...

Published 06 Nov, 2024 05:47pm

July FCA: KE allowed Rs3/unit tariff hike

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has increased KE’s tariff by Rs 3 per unit under...

Updated 26 Oct, 2024 08:39am

Opinion

Net metering: Balancing the scales—V

To achieve a win-win solution for all stakeholders—solar users, non-solar consumers, utility companies, and the...

Updated 24 Oct, 2024 08:26am

BR Research

Solar gains, grid pains

The standard for policymaking is to establish clearly defined short, medium, and long-term goals. Unfortunately,...

Published 16 Oct, 2024 09:49am

Business & Finance

US firms brace for more tariffs as election approaches

WASHINGTON: From holding back investments to considering moving abroad, businesses in the United States are bracing...

Published 14 Oct, 2024 06:24am

Editorials

Disarray in the energy sector

EDITORIAL: In yet another indicator of the mess that is the country’s energy sector, power regulator Nepra has...

Updated 01 Oct, 2024 07:16am

Opinion

The power struggle: navigating Pakistan’s energy crisis

Energy crisis, rising tariffs, IPPs, capacity payments! These words appear in Pakistani newspapers daily,...

Published 03 Sep, 2024 07:01am

World

China appeals WTO ruling over its retaliatory tariffs on US imports

GENEVA: China has appealed a World Trade Organization ruling faulting it over tariffs it has imposed on billions...

Published 19 Sep, 2023 06:37pm

World

WTO rules against China retaliatory tariffs on US imports

GENEVA: World Trade Organization experts ruled Wednesday that tariffs imposed by China on billions worth of US...

Published 16 Aug, 2023 08:59pm

Nepra hints at revising cold storages’ tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday hinted at revising tariff of cold...

Updated 07 Jun, 2023 08:54am

New solar power plants: Tariffs to be indexed annually: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that tariff of new solar power...

Updated 22 Nov, 2022 09:33am

BR Research

Power FPA – no waiver

The August Fuel Price Adjustment (FPA) relief now turns out to be a deferment and not a waiver. This comes less than...

Published 12 Sep, 2022 08:27am

Opinion

Big businesses must rise to the occasion

Pakistan has two primary and permanent bases of power, no matter which political party may control the reigns. Power...

Published 12 Sep, 2022 06:01am

World

US looking to reconfigure China tariffs in ‘coming weeks’: Yellen

WASHINGTON: The United States is considering lifting some of the punitive Trump-era tariffs imposed on China in an...

Published 08 Jun, 2022 10:06pm

World

US suspending solar panel tariffs on four Asian nations, not China

WASHINGTON: President Joe Biden on Monday will suspend tariffs for two years on solar panel imports from Cambodia,...

Published 06 Jun, 2022 08:04pm

Business & Finance

Raw materials, finished goods’ tariffs: FBR to remove anomalies from federal tax laws

ISLAMABAD: The Federal Board of Revenue (FBR) will remove anomalies from the federal tax laws, specifically...

Published 17 May, 2022 05:39am

Business & Finance

Tesla puts India entry plan on hold after deadlock on tariffs

NEW DELHI: Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and...

Published 14 May, 2022 04:05am

Markets

US temporarily suspends tariffs on Ukraine steel imports

WASHINGTON: The United States on Monday suspended for one year the tariffs imposed on Ukrainian steel imports in a...

Published 09 May, 2022 09:59pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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