News stories for M Ziauddin - Business Recorder

M Ziauddin

Opinion

The dark side of first world’s prosperity

‘Behind every great fortune lies a great crime’, so said the French novelist of 18th century, Honore de Balzac...

Published 27 Jan, 2021 04:59am

Opinion

Corruption — a multi-layered problem

Over the past four years or so, or to be precise, since the publication of the Panama papers in April 2016 ...

Published 20 Jan, 2021 04:29am

Opinion

A nationally-owned charter of economy

We have been talking about developing a Charter of Economy (CoE) for a long time now but so far we have miserably...

Updated 13 Jan, 2021 03:32am

Opinion

Raising a smart public sector

A new world is emerging as the era of Washington consensus has ended on the back of Covid-19. The pandemic did not...

Updated 06 Jan, 2021 03:17am

Opinion

Check-posts against white collar crimes

First, the medicine prices went through the roof. Next, it was the turn of Atta (wheat flour) and sugar prices,...

Published 30 Dec, 2020 03:19am

Opinion

Real estate: Global safe house for dirty money

Developing countries, including Pakistan, continue to be deprived of their legitimate earnings and assets, thanks...

Published 23 Dec, 2020 02:55am

Opinion

Beware of data 'colonialism'

In 2017, data overtook oil to become the world's most valuable commodity, but it remains hard to define. At its most...

Published 16 Dec, 2020 02:58am

Opinion

Vaccinating against corruption

More than 7,000 participants across the globe spent the week (Nov. 30 to Dec. 5, 2020), virtually listening to 500...

Published 09 Dec, 2020 02:52am

Opinion

A new digital world in the making

Measures to contain the Covid-19 pandemic have compelled many countries in the world both developed and developing...

Published 02 Dec, 2020 02:49am

Opinion

Barriers to recovery of stolen assets

Over the last ten years, only one third of international asset recovery cases have resulted in returns, according to...

Published 25 Nov, 2020 02:56am

Opinion

The rich owe $5.7trn to the poor!

Recalling the promise, world’s richest countries made on 24 October 1970 through a landmark UN resolution, to give...

Published 18 Nov, 2020 02:48am

Markets

Doing away with the trade war

The change of guard in Washington following the just concluded US elections offers an opportunity of a life-time to...

Updated 11 Nov, 2020 03:38am

Markets

Import substitution-led growth

Notwithstanding the praises that we earned at the last FATF virtual round for showing progress in all the...

Updated 04 Nov, 2020 03:13am

Opinion

Digitizing economy

"Thanks to broadband connectivity, a rice growing village in Thailand saw its profits soar by 300 percent as it ...

Updated 28 Oct, 2020 03:21am

Markets

Fund's return to austerity

Keeping in view the export orders in hand, Abdul Razzak Dawood, Advisor to the PM on Commerce and Industries, has...

Updated 21 Oct, 2020 03:29am

Opinion

A tale of two islands

The details of the two-island (Bundal and Buddo) controversy have been discussed in the national media so...

Updated 14 Oct, 2020 03:57am

Markets

Economic potential of free zones

Pakistan missed what today from a distance of about 40 years appears to be a dream-boat of a lifetime when Ghulam...

Published 07 Oct, 2020 02:54am

Markets

Robber barons and carpetbaggers

Prime Minister Imran Khan has very rightly used the occasion of his virtual speech at the 75th session of the United...

Published 30 Sep, 2020 02:42am

Opinion

Time to go back to import substitution

Globalization has lost its shine for the rich countries which in the first place had been its promoters as they went...

Published 23 Sep, 2020 02:48am

Markets

Water economy

ARTICLE: As much as half the world's water supply is being stolen, with agriculture responsible for much of that,...

Published 16 Sep, 2020 02:46am

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 27 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Ghani Auto Ind. / Jan 27 Ghani Automobile Industries Limited(GAIL)	6.80 ▲ 0.69 (13.33%)
Habib Ins. / Jan 27 Habib Insurance Company Limited(HICL)	8.50 ▲ 0.69 (13.18%)
Bawany Air / Jan 27 Bawany Air Products Limited(BAPL)	22.38 ▲ 1.89 (11.34%)
Unicap Mod. / Jan 27 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 27 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 27 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 27 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Dewan Sugar / Jan 27 Dewan Sugar Mills Limited(DWSM)	3.03 ▼ -0.10 (6.32%)
B.R.R. Mod. / Jan 27 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)

Stock	Price
Hala Enterpries / Jan 27 Hala Enterprises Limited(HAEL)	10.81 ▼ 0.97 (-11.76%)
Saritow Sp. / Jan 27 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 27 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
PICIC Insurance / Jan 27 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Pak Modaraba / Jan 27 First Pak Modaraba(PAKMI)	2.12 ▼ 0.27 (-9.40%)
First Prud Mod. / Jan 27 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Altern Energy / Jan 27 Altern Energy Limited(ALTN)	27.25 ▼ 1.75 (-8.40%)
Summit Bank / Jan 27 Summit Bank Limited(SMBL)	1.83 ▼ 0.14 (-8.04%)
Saudi Pak Leas. / Jan 27 Saudi Pak Leasing Company Limited(SPLC)	1.74 ▼ 0.25 (-7.94%)
Khurshid Spinng / Jan 27 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)

Stock	Volume
TRG Pak. / Jan 27 TRG Pakistan Limited(TRG)	29,686,000 ▼ 8.01
K-Electric Ltd / Jan 27 K-Electric Limited(KEL)	25,544,000 ▼ 0.11
Invest Cap. Bank / Jan 27 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Unity Foods / Jan 27 Unity Foods Limited(UNITY)	16,920,978 ▼ 1.02
Fauji Foods / Jan 27 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 27 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 27 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 27 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 27 Aisha Steel Mills Limited(ASL)	9,137,500 ▼ 1.32
Jahangir Sid. Co. / Jan 27 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,165,000 ▼ 0.75

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 27	160.68
USD PKR Interbank Buying / Jan 27	160.58
USD to Japanese Yen / Jan 27	103.61
USD to Swiss Franc / Jan 27	0.89
Pound Sterling to USD / Jan 27	1.37
Euro to USD / Jan 27	1.22

Stock	Volume
S&P 500 / Jan 27	3849.56
India Sensex / Jan 27	48347.59
Tokyo Nikkei / Jan 27	28546.18
Nasdaq / Jan 27	13626.07
Hang Seng / Jan 27	29391.26
FTSE 100 / Jan 27	6654.01
Dow Jones / Jan 27	30937.04
Germany DAX 30 / Jan 27	13870.99
France CAC40 / Jan 27	5523.52