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Trump tariffs

Global film industry reels from Trump tariff announcement

PARIS: The cinema industry is reeling after US President Donald Trump announced 100-percent tariffs on foreign...

Published 05 May, 2025 09:58pm

Markets

US media stocks fall as Trump threatens 100% tariff on foreign-made films

American media stocks tumbled on Monday after President Donald Trump unveiled a 100% tariff on all movies produced...

Published 05 May, 2025 05:20pm

Markets

Wall Street Week Ahead: Fed outlook in focus as US stocks rally picks up steam

NEW YORK: The Federal Reserve meeting in the coming week is set to test the US stock market’s sharp rebound, with...

Published 05 May, 2025 06:14am

Opinion

MPC meeting: navigating between disinflation and external fragility

Monetary policy decision is due today. Three macro variables are making a compelling argument for a big rate cut....

Updated 05 May, 2025 07:55am

Business & Finance

Fed May pause cuts again and wait for clarity on tariffs

WASHINGTON: The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to...

Published 05 May, 2025 06:14am

Opinion

US tariffs: impact and path forward

US President Trump’s across-the-board tariff hikes up to 46 percent on some partners and a flat 29 percent on...

Updated 04 May, 2025 06:45am

Business & Finance

BOJ keeps rates steady, cuts growth forecasts on US tariffs hit

TOKYO: The Bank of Japan kept interest rates steady and sharply cut its growth forecasts on Thursday, suggesting...

Published 01 May, 2025 11:59am

Business & Finance

Sumitomo Corp eyes record profit, creates loss buffer against US tariffs

TOKYO: Japanese trading house Sumitomo Corp on Thursday forecast a record net profit of 570 billion yen ($4 billion)...

Published 01 May, 2025 11:45am

World

Harris returns to national stage praising Trump opponents’ courage

SAN FRANCISCO: Former US Vice President Kamala Harris called on Wednesday for Americans to stand up together against...

Published 01 May, 2025 11:31am

Business & Finance

US has reached out to China to talk tariffs, state media says

BEIJING: The Trump administration has approached China seeking talks on U.S. President Donald Trump’s singling...

Published 01 May, 2025 11:29am

Business & Finance

US tariffs would take percentage point off Dutch economic growth, CPB says

AMSTERDAM: The sweeping trade tariffs announced by U.S. President Donald Trump would reduce economic growth in the...

Published 01 May, 2025 11:24am

Business & Finance

GE HealthCare cuts annual profit forecast on impact from Trump’s tariffs

GE HealthCare Technologies cut its full-year profit forecast on Wednesday as the medical device maker faces hits on...

Published 30 Apr, 2025 05:38pm

World

Dubai airports CEO says tariff war makes tourism unpredictable

DUBAI: U.S. tariffs have increased volatility in international tourism, but visitor numbers to the Middle East have...

Published 30 Apr, 2025 05:35pm

World

Amazon denies it planned to disclose cost of US tariffs on its website

WASHINGTON: Amazon.com denied a report on Tuesday that it planned to disclose the cost that U.S. tariffs imposed by...

Published 29 Apr, 2025 08:45pm

World

UAE’S ADNOC to supply US LPG to India following China-US tariffs

NEW DELHI/SINGAPORE: Abu Dhabi National Oil Company (ADNOC) will start replacing some of the liquefied petroleum gas...

Published 29 Apr, 2025 04:57pm

Business & Finance

Merck to invest $1 billion in new Delaware plant to boost US manufacturing

US drugmaker Merck said on Tuesday it is investing $1 billion in a new Delaware plant to expand domestic production...

Published 29 Apr, 2025 04:15pm

Business & Finance

Trump to reduce impact of auto tariffs, Commerce secretary says

WASHINGTON: President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on...

Published 29 Apr, 2025 07:31am

World

One of first US trade deals may be with India, Treasury’s Bessent says

WASHINGTON: US Treasury Secretary Scott Bessent on Monday said many top US trading partners had made ‘very good’...

Published 28 Apr, 2025 08:15pm

Business & Finance

IBM to invest $150 billion in US over next five years to aid quantum push

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next...

Published 28 Apr, 2025 07:54pm

World

Amid Trump tariffs, China’s trade and economy tsar steps into spotlight

BEIJING/WASHINGTON: When the leaders of some of the world’s largest companies flocked to Beijing for a business...

Published 28 Apr, 2025 07:59am

World

China foreign minister says US tariffs show ‘extreme egoism’

HONG KONG: China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed...

Published 26 Apr, 2025 11:12am

World

China exempts some goods from US tariffs to limit trade war pain

China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need...

Published 25 Apr, 2025 04:22pm

Editorials

Another downward revision of growth rates

EDITORIAL: The International Monetary Fund (IMF) has revised global growth downward to 2.8 percent, 0.5 percentage...

Published 25 Apr, 2025 06:05am

Business & Finance

Trump trade war spreads more gloom across businesses

LONDON/SEOUL/NEW YORK: Businesses across multiple industries are hiking prices, backing away from previous financial...

Published 25 Apr, 2025 06:05am

Business & Finance

Asian central banks have space to ease rates to mitigate US tariff hit, IMF says

WASHINGTON: Many Asian central banks have room to ease monetary policy to cushion the blow to their economies from...

Published 24 Apr, 2025 06:51pm

World

China pushes for tariff cancellation to end US trade war

BEIJING: China called for all “unilateral” U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump...

Published 24 Apr, 2025 05:29pm

Business & Finance

American Airlines pulls 2025 forecast as Trump tariffs cause demand uncertainty

American Airlines withdrew its 2025 financial forecast on Thursday, mirroring its peers, as concerns over...

Published 24 Apr, 2025 04:54pm

World

White House would consider cutting China tariffs as part of talks, source says

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a...

Updated 23 Apr, 2025 08:37pm

Markets

Trump tariffs threaten to pile more pain on Thailand’s rice sector

NAKHON PATHOM: Thai farmer Daeng Donsingha was already worried for her family of nine when rice prices in the...

Published 23 Apr, 2025 07:56am

Business & Finance

Hyundai Steel’s $6 bln US investment draws investor ire, tests Seoul’s tariff strategy

SEOUL: In late March, as investors kept hammering Hyundai Steel shares after the South Korean steelmaker announced a...

Published 23 Apr, 2025 07:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
Dow Jones / May 8	41,368.45
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68
FTSE 100 / May 9	8,569.40
Germany DAX 30 / May 9	23,459.01
France CAC40 / May 9	7,731.05

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Petrol/Litre / May 9	252.63
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Diesel/Litre / May 9	256.64
Cotton US¢/pound / May 9	66.46

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.24 ▲ 0.42 (23.08%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.19 ▲ 0.76 (17.16%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.27 ▲ 0.46 (16.37%)
UDL International / May 9 UDL International Limited(UDLI)	7 ▲ 0.75 (12%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.30 ▲ 0.51 (10.65%)
LSE Ventures / May 9 LSE Ventures Limited(LSEVL)	9.75 ▲ 0.93 (10.54%)
Tri-Star Power / May 9 Tri-Star Power Limited(TSPL)	5.70 ▲ 0.53 (10.25%)
Olympia Mills / May 9 Olympia Mills Limited(OML)	46.15 ▲ 4.2 (10.01%)
Khyber Textile / May 9 Khyber Textile Mills Limited(KHYT)	734.88 ▲ 66.81 (10%)
S.S.Oil / May 9 S.S.Oil Mills Limited(SSOM)	570.91 ▲ 51.9 (10%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	26.40 ▼ -5.68 (-17.71%)
F.Credit & Inv / May 9 First Credit and Investment Bank Limited(FCIBL)	6.90 ▼ -0.99 (-12.55%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
786 Invest Ltd / May 9 786 Investments Limited(786)	6.70 ▼ -0.9 (-11.84%)
Aruj Industries / May 9 Aruj Industries Limited(ARUJ)	7.09 ▼ -0.89 (-11.15%)
Nimir Resins / May 9 Nimir Resins Limited(NRSL)	29.68 ▼ -3.3 (-10.01%)
Kohinoor Mills / May 9 Kohinoor Mills Limited(KML)	26.46 ▼ -2.94 (-10%)
Bilal Fibres / May 9 Bilal Fibres Limited(BILF)	19.44 ▼ -2.16 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	30,880,568 ▲ 0.03
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	14,539,629 ▼ -2.67
B.O.Punjab / May 9 The Bank of Punjab(BOP)	10,097,719 ▲ 0.09
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	8,688,576 ▼ -1.34
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	8,301,174 ▼ -0.14
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	7,898,278 ▼ -1.76
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	7,211,738 ▼ -0.08
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	5,892,050 ▲ 3.91
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	5,775,320 ▼ -0.05
Hascol Petrol / May 9 Hascol Petroleum Limited(HASCOL)	5,768,496 ▲ 0.08

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