Trends - USAID - Business Recorder

USAID

US aid cuts strain response to health crises worldwide: WHO

RIYADH: The United States slashing foreign aid risks piling pressure on already acute humanitarian crises across the...

Published 21 Apr, 2025 05:42am

Editorials

Erratic policy

EDITORIAL: After abruptly freezing through an executive order all foreign assistance under the US Agency for...

Published 14 Apr, 2025 06:01am

Pakistan

US ends global UGRAD exchange programme for Pakistan

The United States has discontinued the Global Undergraduate Exchange programme (Global UGRAD) for students from...

Updated 08 Apr, 2025 11:37pm

World

Washington formalizes plans to shutter USAID

WASHINGTON: US President Donald Trump’s administration announced plans Friday to effectively close the US...

Published 30 Mar, 2025 05:34am

World

Kenya HIV patients live in fear as US aid freeze strand drugs in warehouse

NAIROBI: The health clinic where Alice Okwirry collects her HIV medication in Kenya’s capital Nairobi has been...

Published 11 Mar, 2025 01:55pm

World

UN migration agency says aid to Rohingya in Indonesia reinstated

JAKARTA: The United Nations’ migration agency has reinstated humanitarian assistance to Rohingya refugees in...

Published 11 Mar, 2025 11:55am

Opinion

A requiem for USAID

The USAID tap has run dry, and its disbandment has sent tremors around the globe. The freeloaders in the developing...

Published 06 Mar, 2025 06:56am

World

US Supreme Court won’t let Trump withhold payment to foreign aid groups

WASHINGTON: A divided U.S. Supreme Court on Wednesday declined to let President Donald Trump’s administration...

Published 05 Mar, 2025 09:46pm

World

US cuts overseas development program budgets by more than 90%: State Dept

WASHINGTON: The United States has dramatically cut the budgets of overseas development and aid programs, with...

Published 27 Feb, 2025 10:59am

World

US Supreme Court Robert’s pauses federal judge’s order on Trump administration foreign aid funding

U.S. Supreme Court Chief Justice John Roberts on Wednesday paused a federal judge’s order requiring President Donald...

Published 27 Feb, 2025 08:39am

World

US unfreezes $397 million to ensure Pakistan’s F-16 jets focus on ‘counterterrorism’

In 2019, Pakistan faced accusations of deploying U.S.-made F-16 fighter jets against India during an aerial skirmish over Kashmir

Updated 23 Feb, 2025 09:50pm

World

India investigates possible election-influencing activity by USAID

NEW DELHI: Indian authorities are looking into “deeply troubling” information about US governmental activity in the...

Published 22 Feb, 2025 06:31am

World

New Delhi says it is looking into ‘deeply troubling’ information about USAID activities in India

NEW DELHI: Indian authorities are looking into “deeply troubling” information about U.S. governmental activity in...

Published 21 Feb, 2025 11:04pm

Pakistan

Trump aid cut imperils water scheme in Pakistan’s Jacobabad

JACOBABAD: In one of the world’s hottest cities, fresh and filtered water can quench the searing onslaught of...

Updated 21 Feb, 2025 08:53pm

World

U.S. lifts pause on food donations for World Food Programme

NEW YORK/WASHINGTON: The United States has lifted a pause on food donations, the U.N. World Food Programme said,...

Published 11 Feb, 2025 01:14pm

Editorials

Freezing of US aid

EDITORIAL: Among the plethora of controversial decisions taken by the Trump Administration since January 20, few ...

Updated 11 Feb, 2025 07:09am

World

US judge pauses plan to put USAID workers on leave

WASHINGTON: A U.S. judge on Friday temporarily allowed roughly 2,700 U.S. Agency for International Development...

Updated 08 Feb, 2025 11:03pm

World

News outlets reject Trump accusations of USAID media ‘payoff’

NEW YORK: Several major news outlets including Politico and the Associated Press have rejected unsubstantiated...

Published 08 Feb, 2025 06:30am

World

Russia welcomes USAID cuts, calls body ‘machine for interfering’

MOSCOW: Russia on Thursday welcomed the new US administration’s decision to shutter USAID as an independent agency,...

Published 06 Feb, 2025 11:28pm

World

US aid agency places global staff on leave

WASHINGTON: The US government’s giant humanitarian agency USAID on Tuesday announced it was placing its staff in the...

Published 06 Feb, 2025 03:16am

World

US foreign aid contractors fire staff, face cash crunch as Trump causes chaos

Dozens of USAID staff put on leave, hundreds of internal contractors laid off

Updated 04 Feb, 2025 10:11pm

World

Musk says USAID to be shut down in government cost-cutting drive

WASHINGTON: Billionaire Elon Musk, who is heading U.S. President Donald Trump’s drive to shrink the federal...

Published 03 Feb, 2025 08:20pm

USAID pauses funding programmes for Pakistan

ISLAMABAD: The US Agency for International Development (USAID) has paused all funding for programmes in Pakistan...

Updated 29 Jan, 2025 03:34pm

Climate funding: ADB commits Rs700bn, IFIs follow suit

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs was told that International Financial...

Updated 13 Dec, 2024 09:23am

Pakistan

USAID-supported SPF for SMEs officially launched in KP

PESHAWAR: The US Consul General in Peshawar Shante Moore and the Government of Khyber Pakhtunkhwa’s Chief ...

Published 27 Nov, 2024 08:32am

Business & Finance

Bilateral trade with US exceeds $6.5bn: minister

ISLAMABAD: The United States’ bilateral trade with Pakistan exceeded US$6.5 billion in 2023, Federal Minister for...

Published 19 Nov, 2024 06:34am

Pakistan

Pakistan ‘natural partner’, says Ahsan amid hope of revitalising ties with Trump-led US admin

Planning minister says mutual respect, constructive engagement key to addressing shared challenges and unlocking new opportunities for growth

Updated 18 Nov, 2024 09:53pm

Pakistan

‘USAID leads country’s renewable energy transformation’

KARACHI: A small village in southern Pakistan, where light after sunset was once a rare luxury, now glows with ...

Published 18 Nov, 2024 02:54am

Pakistan

Pak-US cooperation crucial for uplift: Maryam

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met USAID Mission Director Veeraya Kate Somvongsiri, US Consul...

Published 02 Nov, 2024 07:29am

Pakistan

PA Speaker meet USAID Mission Director

LAHORE: Speaker Malik Muhammad Ahmad Khan held a meeting in his chamber with USAID Mission Director Kate Somvongsiri...

Published 02 Nov, 2024 07:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.26
USD PKR Interbank Buying / Apr 28	281.06
USD to Japanese Yen / Apr 28	142.05
USD to Swiss Franc / Apr 28	0.82
Pound Sterling to USD / Apr 28	1.34
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
India Sensex / Apr 28	80,218.37
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Hang Seng / Apr 28	21,971.96
FTSE 100 / Apr 28	8,417.34
Dow Jones / Apr 28	40,227.59
Germany DAX 30 / Apr 28	22,271.67
France CAC40 / Apr 28	7,573.76

Item	Value
Crude Oil USD/Barrel / Apr 28	62.05
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Gold Spot USD/Ounce / Apr 28	3,347.70
Cotton US¢/pound / Apr 28	67.55
Petrol/Litre / Apr 29	254.63
Diesel/Litre / Apr 29	258.64

Gainers
Losers
Leaders

Stock	Price
Ruby Textile / Apr 28 Ruby Textile Mills Limited(RUBY)	7.98 ▲ 0.78 (10.83%)
ECOPACK Ltd / Apr 28 Ecopack Limited(ECOP)	34.71 ▲ 3.16 (10.02%)
EMCO Industries / Apr 28 Emco Industries Limited(EMCO)	38.36 ▲ 3.49 (10.01%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.58 ▲ 3.96 (9.99%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,608.54 ▲ 326.25 (9.94%)
Popular Islamic / Apr 28 Popular Islamic Modaraba(PIM)	13.89 ▲ 1.25 (9.89%)
Supernet Ltd. / Apr 28 Supernet Limited (GEM)(GEMSPNL)	23.79 ▲ 1.96 (8.98%)
MCB Invest. Managmt. / Apr 28 MCB Investment Management Limited(MCBIM)	92.81 ▲ 7.54 (8.84%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	358.88 ▼ -1392.57 (-79.51%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7 ▼ -1 (-12.5%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.51 ▼ -0.79 (-10.82%)
Pak Gen.Ins. / Apr 28 The Pakistan General Insurance Co. Ltd.(PKGI)	8.74 ▼ -0.99 (-10.17%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Cyan Limited / Apr 28 Cyan Limited(CYAN)	36.20 ▼ -4.02 (-10%)
Atlas Battery / Apr 28 Atlas Battery Limited(ATBA)	292.11 ▼ -32.46 (-10%)
Dawood Lawrencepur / Apr 28 Dawood Lawrencepur Limited(DLL)	216.10 ▼ -24 (-10%)
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	78.07 ▼ -8.67 (-10%)

Stock	Volume
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	23,705,546 ▼ -0.41
Power Cement / Apr 28 Power Cement Limited(POWER)	21,585,733 ▼ -0.99
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	18,309,847 ▼ -0.03
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	18,055,841 ▼ -2.41
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	14,648,408 ▼ -0.99
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	13,187,141 ▼ -4.28
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	12,616,978 ▼ -1
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	12,357,232 ▼ -0.28
Sui South Gas / Apr 28 Sui Southern Gas Company Limited(SSGC)	11,366,687 ▼ -2.77
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	9,953,480 ▼ -1392.57

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