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Reuters

Markets

Indian shares jump on economic growth data, widening vaccination drive

The NSE Nifty 50 index gained 1.6% to end at 14,761.55, while the S&P BSE Sensex closed 1.53% higher at 49,849.84.
Both the indexes slumped nearly 4% on Friday as rising bond yields sparked a massive sell-off in global equities.

Updated 01 Mar, 2021 05:48pm

Technology

Piaggio, KTM, Honda and Yamaha to create swappable batteries consortium

“The aim of the consortium will, therefore, be to define the standardised technical specifications of the swappable battery system for vehicles belonging to the L-category - mopeds, motorcycles, tricycles and quadricycles,” said Honda.
The consortium, which will start operating in May and is open to all investors interested in joining, aims to define standard technical specifications for swappable batteries for mopeds and motorcycles, Piaggio said.

Published 01 Mar, 2021 02:31pm

Business & Finance

Macau's gambling revenue surges 135.6% in February

February’s figure was 7.312 billion patacas ($915.14 million), according to figures released by the Macau government on Monday.

Published 01 Mar, 2021 01:47pm

World

Argentina receives biggest batch yet of Sputnik V vaccines

The South American country has sourced several vaccines as it attempts to roll out an inoculation program before a potential new wave of cases over winter.

Published 01 Mar, 2021 01:41pm

World

US envoy on Afghan peace process to visit Afghanistan, Qatar for talks

Khalilzad and his team will also visit other regional capitals as part of a mission aimed at working towards.

Published 01 Mar, 2021 01:40pm

Markets

China's CNOOC records over 101 bcm gas reserves in Shanxi

The proven reserves at Linxing were certified by the Ministry of Natural Resources, Xinhua reported.

Published 01 Mar, 2021 01:39pm

World

Auckland coronavirus lockdown tests New Zealanders' patience

"It has had devastating consequences, no question," Ardern told Newshub's "The AM Show", adding that any punishment was up to the police.

Published 01 Mar, 2021 01:37pm

Markets

Japanese shares rebound from biggest fall in a year after Nasdaq gain

The largest percentage gainers in the Nikkei index were NTT Data Corp, rising 5.97%, followed by Trend Micro gaining 5.47 % and SoftBank Group.

Published 01 Mar, 2021 01:36pm

World

Spokeswoman for Japan PM Suga resigns over expensive dinners with his son

Her dinner with Suga's son and other executives at the company, one of several that prompted reprimands for 11 bureaucrats, cost 74,203 yen ($696) per person, according to local media reports.

Published 01 Mar, 2021 01:15pm

Business & Finance

Australia home prices, job ads surge as recovery blitzes expectations

Investor activity was buoyant too.

Published 01 Mar, 2021 01:13pm

World

South Korea's Moon says Olympics may be chance for North Korea, US talks

Both rulings drew a rebuke from Tokyo, which says the women and labour issues were settled under a 2015 deal and 1965 treaty, respectively.

Published 01 Mar, 2021 01:11pm

Markets

Soybeans rebound on hopes of strong demand for US supplies

Large speculators cut their net long position in CBOT corn futures in the week to Feb. 23, regulatory data released on Friday showed.

Published 01 Mar, 2021 01:09pm

World

Modi takes home-grown vaccine as India widens immunisation drive

India has reported more than 11 million coronavirus infections and over 157,000 deaths.

Published 01 Mar, 2021 01:06pm

Markets

Exxon restarts gasoline, diesel units at oil refinery in Beaumont, Texas

Exxon did not reply to a request for comment on Sunday.

Published 01 Mar, 2021 01:05pm

Markets

Indonesia's Feb inflation rate cools to six-month low of 1.38%

The core inflation rate, which excludes volatile food and government-controlled prices, was 1.53% in February, roughly in line with the poll's 1.52%. It slowed slightly from January's 1.56%.

Published 01 Mar, 2021 12:52pm

Markets

Indian shares jump on economic growth data, widening immunisation drive

Bucking the trend, shares of telecom firms Bharti Airtel and Vodafone Idea fell 2.5% and 1.7%, respectively.

Published 01 Mar, 2021 12:50pm

Markets

Yuan edges up, market cautious ahead of annual meeting of parliament

Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate at 6.4754 per dollar, 41 pips or 0.06% softer than the previous fix of 6.4713, and the weakest since Jan. 28.

Published 01 Mar, 2021 12:49pm

Markets

Indonesia's February Sumatra robusta exports down 83% y/y

On a monthly basis, exports also fell 67% on from January as farmers awaited the coffee harvest.

Published 01 Mar, 2021 12:48pm

Markets

Indonesia, Philippine shares climb as bond markets calm

Meanwhile, Malaysian shares inched lower with the biggest-listed glove makers down the most.

Published 01 Mar, 2021 12:47pm

Markets

Goldman's 1MDB pain looks light next to AmBank's

To that extent, the Malaysian lender's misery is an ominous warning for other global banks yet to draw a line under their roles in the scandal.

Published 01 Mar, 2021 12:45pm

Gainers
Losers
Leaders

Stock	Price
KASB Mod. / Mar 2 KASB Modaraba(KASBM)	3.20 ▲ 0.40 (14.29%)
Colony Textile / Mar 2 Colony Textile Mills Limited(CTM)	6.80 ▲ 0.53 (8.45%)
Fazal Cloth / Mar 2 Fazal Cloth Mills Limited(FZCM)	210.70 ▲ 14.70 (7.50%)
Indus Dyeing / Mar 2 Indus Dyeing & Manufacturing Co. Limited(IDYM)	644.44 ▲ 44.96 (7.50%)
S. S. Oil / Mar 2 S.S.Oil Mills Limited(SSOM)	92.45 ▲ 6.45 (7.50%)
Suraj Cotton / Mar 2 Suraj Cotton Mills Limited(SURC)	251.55 ▲ 17.55 (7.50%)
Tandlianwala / Mar 2 Tandlianwala Sugar Mills Limited(TSML)	158.06 ▲ 11.02 (7.49%)
Shabbir Tiles / Mar 2 Shabbir Tiles & Ceramics Limited(STCL)	26.88 ▲ 1.87 (7.48%)
Crescent Fib. / Mar 2 Crescent Fibres Limited(CFL)	66.99 ▲ 4.64 (7.44%)
Sunrays Tex. / Mar 2 Sunrays Textile Mills Limited(SUTM)	865.00 ▲ 59.76 (7.42%)

Stock	Price
First Punjab Mod. / Mar 2 First Punjab Modaraba(FPJM)	3.02 ▲ -0.93 (-23.54%)
Saudi Pak Leas. / Mar 2 Saudi Pak Leasing Company Limited(SPLC)	1.40 ▲ -0.20 (-12.50%)
Universal Ins. / Mar 2 The Universal Insurance Company Limited(UVIC)	4.45 ▲ -0.54 (-10.82%)
1st Dawood / Mar 2 First Dawood Investment Bank Limited(FDIBL)	3.00 ▲ -0.32 (-9.64%)
Redco Tex. / Mar 2 Redco Textiles Limited(REDCO)	7.00 ▲ -0.70 (-9.09%)
Dewan Farooq. Spin. / Mar 2 Dewan Farooque Spinning Mills Limited(DFSM)	2.80 ▲ -0.26 (-8.50%)
Tri-Star Power / Mar 2 Tri-Star Power Limited(TSPL)	5.26 ▲ -0.45 (-7.88%)
Invest Cap. Bank / Mar 2 Invest Capital Investment Bank Limited(ICIBL)	3.05 ▲ -0.26 (-7.85%)
Dandot Cement / Mar 2 Dandot Cement Company Limited(DNCC)	11.03 ▲ -0.92 (-7.70%)
PICIC Insurance / Mar 2 PICIC Insurance Limited(PIL)	1.44 ▲ -0.12 (-7.69%)

Stock	Volume
Azgard Nine / Mar 2 Azgard Nine Limited(ANL)	31,723,500 ▼ 0.00
TRG Pak. / Mar 2 TRG Pakistan Limited(TRG)	24,599,249 ▼ 0.00
Unity Foods / Mar 2 Unity Foods Limited(UNITY)	21,189,731 ▼ 0.00
Hum Network / Mar 2 Hum Network Limited(HUMNL)	20,527,500 ▼ 0.00
Byco Petr. / Mar 2 Byco Petroleum Pakistan Limited(BYCO)	18,135,500 ▼ 0.00
Ghani Global Hold. / Mar 2 Ghani Global Holdings Limited(GGL)	17,518,000 ▼ 0.00
Maple Leaf / Mar 2 Maple Leaf Cement Factory Limited(MLCF)	12,115,118 ▼ 0.00
K-Electric Ltd / Mar 2 K-Electric Limited(KEL)	9,206,500 ▼ 0.00
Worldcall / Mar 2 Worldcall Telecom Limited(WTL)	9,074,000 ▼ 0.00
Telecard / Mar 2 Telecard Limited(TELE)	9,041,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 2	158.00
USD PKR Interbank Buying / Mar 2	157.90
USD to Japanese Yen / Mar 2	106.88
USD to Swiss Franc / Mar 2	0.92
Pound Sterling to USD / Mar 2	1.39
Euro to USD / Mar 2	1.20
UK LIBOR % / Mar 2	0.08

Stock	Volume
S&P 500 / Mar 2	3901.82
India Sensex / Mar 2	49849.84
Tokyo Nikkei / Mar 2	29892.14
Nasdaq / Mar 2	13588.83
Hang Seng / Mar 2	29452.57
FTSE 100 / Mar 2	6588.53
Dow Jones / Mar 2	31535.51
Germany DAX 30 / Mar 2	14012.82
France CAC40 / Mar 2	5792.79