News stories for Reuters - Business Recorder

Reuters

World

Sri Lanka restructures nearly $931 million in credit lines with India

COLOMBO: Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements...

Published 15 May, 2025 03:30pm

Markets

Kenyan shilling holds steady against the dollar

NAIROBI: Kenya’s shilling was stable on Thursday but market participants said it could weaken slightly later in the...

Published 15 May, 2025 03:26pm

Markets

Japan rubber futures snap 10-day winning streak on trade uncertainty, supply outlook

SINGAPORE: Japanese rubber futures snapped a 10-day winning streak on Thursday, as market uncertainty surrounding...

Published 15 May, 2025 03:25pm

Life & Style

Tom Cruise dazzles Cannes for ‘Mission: Impossible’ premiere

CANNES, France: Tom Cruise hit the Cannes Film Festival’s red carpet on Wednesday to a live band rendition of the...

Published 15 May, 2025 03:21pm

Markets

Chicago soybeans retreat from near 10-month highs as soyoil slumps; wheat rises

BEIJING: Chicago soybean futures slipped from near 10-month highs on Thursday, weighed down by a sharp drop in...

Published 15 May, 2025 03:19pm

Markets

South Korea stocks fall as rally from US-China trade talks loses steam

Benchmark KOSPI closed down 19.21 points, or 0.73%, at 2,621.36

Published 15 May, 2025 03:18pm

Markets

Saudi Arabia issues tender to buy 655,000 metric tons of wheat

Saudi Arabia has issued a tender to buy 655,000 metric tons of wheat for the August to October 2025 shipment period,...

Published 15 May, 2025 03:15pm

Markets

Gulf markets lacklustre as global stocks rally loses steam

Most Gulf stocks were unchanged early on Thursday, as oil prices slid and broader Asian stocks fell after enthusiasm...

Published 15 May, 2025 03:11pm

Markets

Asia coffee: Domestic prices fall in Vietnam, new beans hit Indonesian market

HANOI: Coffee prices in Vietnam edged down on Thursday, while discounts narrowed in Indonesia as beans from the new...

Published 15 May, 2025 03:09pm

World

Trump: India has offered US a trade deal with no tariffs

U.S President Donald Trump said on Thursday that India had offered the U.S a trade deal that proposed “no tariffs”....

Published 15 May, 2025 03:06pm

Business & Finance

Stanchart builds US-based private equity team amid investment bank push

LONDON: Standard Chartered has created a dedicated team covering private equity firms, hedge funds and sovereign...

Published 15 May, 2025 03:02pm

World

Malawi’s IMF programme ends after only $35 million disbursed

BLANTYRE: Malawi’s $175 million loan programme from the International Monetary Fund has been terminated after no...

Published 15 May, 2025 03:00pm

Markets

Iron ore futures hover near 5-week high; China credit data caps gains

BEIJING: Iron ore futures held near a five-week high on Thursday, boosted by improved demand outlook from the...

Published 15 May, 2025 02:56pm

Markets

IEA forecasts slowdown in global oil demand growth for the rest of 2025

LONDON: The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of...

Published 15 May, 2025 02:53pm

Markets

Energy stocks weigh on Europe’s STOXX 600; Fed’s Powell, key data on tap

European shares slipped on Thursday, dragged by energy stocks, while investors awaited key economic data and remarks...

Published 15 May, 2025 02:49pm

World

China grants visa-free entry to some of Latin America’s biggest economies

BEIJING: China will extend its visa-free policy to nationals of Brazil, Argentina, Chile, Peru and Uruguay, putting...

Published 15 May, 2025 02:46pm

World

India issues stricter rules for foreign lawyers flying in for client work

NEW DELHI: Foreign lawyers who fly into India to handle client matters will now have to inform the country’s bar...

Published 15 May, 2025 02:40pm

World

Trump says US close to a nuclear deal with Iran

DUBAI: US President Donald Trump said on Thursday that the United States was getting very close to securing a...

Published 15 May, 2025 02:32pm

World

Erdogan to urge ceasefire without delay in Zelenskiy talks

ANKARA: President Tayyip Erdogan will emphasise in talks with Ukrainian President Volodymyr Zelenskiy on Thursday...

Published 15 May, 2025 02:24pm

World

Indian travel firms report drop in Turkiye bookings over Pakistan support

BENGALURU: Indians are cancelling holidays in popular resorts in Turkiye and Azerbaijan after the countries...

Published 15 May, 2025 02:19pm

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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