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US Steel

US delays enforcement of order blocking Nippon Steel merger

TOKYO: US authorities have extended the deadline for Japan’s Nippon Steel to abandon its acquisition of its...

Published 13 Jan, 2025 03:06am

World

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal

WASHINGTON: US Steel said in a statement on Saturday that the Biden administration will hold off enforcing a...

Published 12 Jan, 2025 12:03pm

World

Biden blocks takeover of US Steel by Nippon Steel

WASHINGTON /TOKYO: US President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US...

Published 04 Jan, 2025 06:30am

World

Nippon Steel’s US Steel takeover plan has support in steelmaking areas, executive says

TOKYO: Japan’s Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the United...

Published 25 Dec, 2024 10:40am

World

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

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

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

World

EU clears $14.9bn purchase of US Steel by Japan’s Nippon

BENGALURU: The European Union cleared US Steel’s $14.9 billion buyout by Japan’s Nippon Steel on Monday, ...

Published 07 May, 2024 07:41am

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

Business & Finance

Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs

WASHINGTON: A group representing major automakers on Friday urged the White House to oppose any effort by steelmaker...

Published 30 Mar, 2024 07:24am

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

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 / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
FTSE 100 / May 12	8,604.98
Dow Jones / May 12	42,410.10
Germany DAX 30 / May 12	23,566.54
France CAC40 / May 12	7,850.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.78 ▲ 0.99 (26.12%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.76 ▲ 0.88 (14.97%)
Paramount Mod / May 13 First Paramount Modaraba(FPRM)	7.83 ▲ 0.97 (14.14%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Pak. P.V.C. / May 13 Pakistan PVC Limited(PPVC)	8.30 ▲ 0.9 (12.16%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)
Ashfaq Textile / May 13 Ashfaq Textile Mills Limited(ASHT)	14.59 ▲ 1.33 (10.03%)
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	18.77 ▲ 1.71 (10.02%)

Stock	Price
D.S. Ind. Ltd. / May 13 D.S. Industries Limited(DSIL)	4 ▼ -0.6 (-13.04%)
Khalid Siraj / May 13 Khalid Siraj Textile Mills Limited(KSTM)	6.70 ▼ -1 (-12.99%)
EMCO Industries / May 13 Emco Industries Limited(EMCO)	37.62 ▼ -4.18 (-10%)
Blue-Ex Ltd / May 13 Blue-Ex Limited (GEM)(GEMBLUEX)	50.39 ▼ -5.43 (-9.73%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Elahi Cot. / May 13 Elahi Cotton Mills Limited(ELCM)	114 ▼ -11.84 (-9.41%)
Cordoba Logistics / May 13 Cordoba Logistics & Ventures Limited(CLVL)	12.36 ▼ -1.23 (-9.05%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.78 ▼ -0.27 (-8.85%)
Shaheen Ins. / May 13 Shaheen Insurance Company Limited(SHNI)	5.01 ▼ -0.48 (-8.74%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)

Stock	Volume
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	20,820,374 ▲ 3.3
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	14,345,488 ▲ 0.97
Pak Petroleum / May 13 Pakistan Petroleum Limited(PPL)	13,917,701 ▲ 11.55
B.O.Punjab / May 13 The Bank of Punjab(BOP)	12,933,728 ▼ -0.18
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	12,350,312 ▲ 8.29
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	9,516,935 ▼ -0.2
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	9,429,078 ▼ -0.29
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	8,957,657 ▼ -1.81
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	8,452,166 ▲ 0.42
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	7,184,931 ▼ -0.06

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