Trends - asia - Business Recorder

asia

S&P Global launches Southeast Asia’s first LNG price assessment

SINGAPORE: Platts, part of S&P Global Commodity Insights, on Monday launched Southeast Asia’s first price...

Published 23 Oct, 2023 10:38am

World

China, India lead Asia’s biggest hydropower crunch in decades

SINGAPORE: Hydropower generation in Asia has plunged at the fastest rate in decades amid sharp declines in China and...

Published 22 Sep, 2023 12:33pm

Markets

Malaysia to discuss rice export curbs with India

KUALA LUMPUR: Malaysia will talk to the Indian government to find a “best solution” over the South Asian country’s...

Published 18 Sep, 2023 12:18pm

Markets

Pandemic, inflation push 68 million more in Asia into extreme poverty, Asian Development Bank says

MANILA: The coronavirus pandemic and rise in cost of living have pushed close to 70 million more people in...

Published 24 Aug, 2023 10:31am

Markets

Iran raises September crude prices to Asia

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at...

Published 18 Aug, 2023 10:17am

World

Scorching heatwaves set to break records around the globe

ROME: Unforgiving heat scorched parts of the Northern Hemisphere on Monday, triggering health warnings and fanning...

Published 17 Jul, 2023 05:22pm

Markets

Asia’s factory output slumps as weak China demand weighs

TOKYO: Asia’s factory activity slumped in June, business surveys showed on Monday, as sluggish demand in China and...

Published 03 Jul, 2023 09:08am

Perspectives

Power of retail bonds: a stable funding source for Asian governments

Retail bonds are neither new nor terribly exciting financial instruments. However, they are proving powerful...

Published 17 Jun, 2023 04:34pm

Markets

Biden ‘optimistic’ on debt talks with Republicans as default looms

REHOBOTH BEACH: President Joe Biden said Sunday he remains “optimistic” about finding an agreement with his...

Published 15 May, 2023 11:13am

Business & Finance

Room for one more? Saudi moves in on Gulf aviation market

RIYADH: Undeterred by a crowded Gulf market, Saudi Arabia is going all in on an aggressive aviation expansion, with...

Published 29 Mar, 2023 10:28am

World

World welcomes 2023 and leaves a stormy year behind

The world welcomed the new year with a packed party in Times Square and fireworks soaring above European capitals,...

Published 01 Jan, 2023 10:22am

VP Harris tells Asia the US is ‘here to stay’

BANGKOK: Vice President Kamala Harris told Asian leaders on Friday that the United States is committed to the region...

Published 19 Nov, 2022 05:49am

Markets

Saudi Aramco to ship full oil contract volumes to Asia in Dec

SINGAPORE: Saudi Aramco has told at least four refinery customers in North Asia they will receive full contract...

Published 10 Nov, 2022 09:48am

Markets

Shell buys Asia-based waste oil recycler to boost biofuels output

SINGAPORE: Shell Eastern Petroleum, a unit of oil giant Shell, said on Tuesday it has acquired Asia-based waste oil...

Published 01 Nov, 2022 10:34am

Business & Finance

Telenor Q3 gets surprise boost from one-off gain in Pakistan

OSLO: Norwegian telecoms operator Telenor on Wednesday reported third-quarter core earnings above forecasts thanks...

Published 26 Oct, 2022 12:21pm

Pakistan

Pakistan has low participation of female labour force: ADB

ISLAMABAD: Pakistan has one of the lowest rates of female labour force participation in Asia, says the Asian...

Published 21 Oct, 2022 06:57am

Pakistan

Miftah expects economy to grow more than 3.5% this FY: report

Finance minister predicts inflation, running at the highest in 47 years and the second-highest in Asia, is close to its peak and would average 15% for the year

Updated 04 Sep, 2022 07:18pm

Markets

Russia exporting lighter, sweeter Urals oil as taps Asia demand

MOSCOW: Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted...

Published 28 Jun, 2022 06:10am

World

North Korea says US is setting up Asian NATO; vows stronger defence

SEOUL: North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the...

Published 27 Jun, 2022 11:17am

World

Biden leaves for Asia under Ukraine, North Korea nuclear shadows

ABOARD AIR FORCE ONE: President Joe Biden left Thursday for South Korea and Japan to cement US leadership in Asia at...

Published 20 May, 2022 10:54am

Markets

U.S. power and natgas prices soar during spring heatwave

U.S. spot power and natural gas prices soared on Thursday to their highest a year or more in several parts of the...

Published 20 May, 2022 10:16am

Business & Finance

Japan's JAL, ANA cancel all Europe flights on Thursday

TOKYO: Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday,...

Published 03 Mar, 2022 11:26am

Technology

EU joins chips race with 42bn euro bid to rival Asia

BRUSSELS: The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in...

Published 08 Feb, 2022 10:02am

Markets

Oil slips from 7-year highs ahead of more US-Iran talks

BEIJING: Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and...

Published 08 Feb, 2022 09:43am

Markets

In surprise move, Singapore tightens monetary policy on inflation risks

SINGAPORE: Singapore's central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move...

Published 25 Jan, 2022 11:45am

Markets

Sri Lanka central bank raises rates to rein in imports, curb inflation

COLOMBO: The Sri Lankan central bank raised interest rates on Thursday, as expected, shifting its focus away from...

Published 20 Jan, 2022 11:57am

Markets

Stocks dip in Asia ahead of US inflation figures

HONG KONG: Asian markets dropped on Friday, following a weak lead from Wall Street and as investors awaited a key US...

Published 13 Dec, 2021 06:45am

Markets

Asian jet fuel margins climb near 21-month highs as govts lift border curbs

SINGAPORE: Asian refining margins for jet fuel have climbed in October to their highest levels since January 2020 as...

Published 15 Oct, 2021 01:57pm

Markets

Two-year yields hit 18-month high as energy costs stoke inflation worries

SINGAPORE: Two-year Treasury yields leapt to a more than 18-month high on Tuesday as investors sold US debt,...

Published 12 Oct, 2021 11:38am

Markets

Asia shares up, rising yields lift dollar as oil surges

SYDNEY: Asian shares edged higher on Monday courtesy of gains in China which also helped US stock futures pare early...

Published 11 Oct, 2021 11:06am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Dec 1 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Dec 1 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Dec 1 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Dec 1 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Dec 1 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Dec 1 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Dec 1 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Dec 1 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Dec 1 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Dec 1 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Dec 1 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Dec 1 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Dec 1 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Dec 1 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Dec 1 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Dec 1 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Dec 1 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Dec 1 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Dec 1 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Dec 1 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

asia

Most Popular Articles