Trends - Biden - Business Recorder

Biden

Great expectations

Nearly twenty years after the US-allied invasion of Afghanistan, the South Asia-Central Asia region is facing a new...

Published 02 Sep, 2021 07:35am

Editorials

What does Afghan economy demand?

EDITORIAL: With the US withdrawal of troops under way, a US administration official reportedly stated that "any...

Published 23 Aug, 2021 06:20am

BR Research

US-Pak: taking stock

Be careful what you wish for. Uncle Biden desired a swift American withdrawal from Afghanistan, but the process is...

Published 11 Aug, 2021 07:35am

Opinion

PARTLY FACETIOUS:'Shut up and just shut up'

"You know what the problem is with being on the same page!" "As I keep saying to you shut up and just shut up." "I...

Published 30 Jul, 2021 05:10am

Business & Finance

Despite challenges, China attractive for investors

BEIJING: China and its companies will continue to attract foreign investments, but tensions on a number of issues...

Published 26 Jul, 2021 05:21am

World

Biden gifts Putin pair of iconic American-made aviators

They are made in a small town in the northeastern state of Massachusetts, and the company, founded in 1973.

Published 18 Jun, 2021 09:55am

World

Putin and Biden won't be friends but see path together

Republicans quickly attacked Biden over the Geneva summit, saying he should have been more confrontational.

Published 17 Jun, 2021 09:52am

Opinion

PARTLY FACETIOUS: Ganging up against China

"So what's up with the G-7?" "Ganging up against China!" "Hmmm, so Biden is doing a Trump!" "Well, he is doing a...

Published 16 Jun, 2021 03:39am

World

US to buy 500mn vaccine doses for world in gesture to show global commitment

Sri Lanka has also been aggressively rolling out China's Sinopharm jab after receiving two million doses in the past week, opening its program to pregnant women on Wednesday.

Published 10 Jun, 2021 09:58am

World

With G7 summit the first stop, Biden embarks on 8-day trip to Europe

Biden will make his first stop at the seaside village of St. Ives in Cornwall where he will participate in the G7 summit.

Published 09 Jun, 2021 12:09pm

World

Biden says will stand with European allies ahead of Putin summit

WASHINGTON: The United States will stand with its European allies against Russia, President Joe Biden has promised...

Published 07 Jun, 2021 03:34am

World

South Korea says 1mn doses of J&J COVID-19 vaccines to arrive this week from US

South Korea's food and drug safety ministry granted final approval for the J&J product in April, after signing a deal to import the vaccine for 6 million people, though the date for their shipment has not been finalised.

Published 30 May, 2021 02:01pm

World

Gaza reels under Israeli strikes as violence enters second week

Biden's administration says it is working behind the scenes, and that a Security Council statement could backfire.

Published 18 May, 2021 09:51am

World

Biden says 'Israel has right to defend itself' as US throws its support behind Jewish state

'I had a conversation with Bibi Netanyahu not too long ago,' the US President Joe Biden told reporters
"He also conveyed the United States’ encouragement of a pathway toward restoring a sustainable calm. He shared his conviction that Jerusalem, a city of such importance to people of faith from around the world, must be a place of peace," the statement said.

Published 13 May, 2021 09:15pm

Business & Finance

US working to aid top fuel pipeline operator after cyberattack

The attack is one of the most disruptive digital ransom schemes reported and has prompted calls from American lawmakers to strengthen protections for critical U.S. energy infrastructure from hacking attacks.

Published 10 May, 2021 10:05am

Business & Finance

Disappointing jobs data pose new challenge for Biden agenda

WASHINGTON: The United States added 266,000 jobs in April — a quarter of the number expected — in a surprise...

Published 08 May, 2021 03:30am

Markets

Shares of China vaccine makers slump on US waiver support

"Chinese vaccine stocks had been spurred recently by news of worsening situations in other countries, such as India," said Wu Tianhao, an analyst at Western Securities.

Published 06 May, 2021 11:44am

World

WHO's Tedros hails 'historic' US support for vaccine patent waiver

Tedros clashed repeatedly with former US president Donald Trump, who began withdrawing his country from the WHO before President Joe Biden immediately rescinded the move upon taking office in January.

Published 06 May, 2021 10:38am

World

Biden marks 10 years since bin Laden killing

WASHINGTON: President Joe Biden used the 10th anniversary of the raid that killed Osama bin Laden — “a moment I...

Published 03 May, 2021 04:39am

Business & Finance

ExxonMobil investor says its climate strategy an 'existential' risk: report

World leaders came together virtually this week at the request of US President Joe Biden for a 40-leader climate summit.

Published 26 Apr, 2021 10:26am

Markets

Talk of more Biden tax hike proposals rattles Wall Street

All three major US indices dropped 0.9 percent.

Published 23 Apr, 2021 10:29am

World

China's President Xi calls for more equitable global governance

Chinese President Xi Jinping said on Tuesday that the global governance system should be made more equitable and fair, and that rules set by one country or some nations cannot be imposed on others.
Building barriers and pushing for decoupling will harm others and benefit no one, Xi said in his keynote speech at the annual Boao Forum for Asia, China's answer to the Davos conference.

Updated 20 Apr, 2021 01:19pm

World

Brazil's Bolsonaro promises Biden to end deforestation, seeks financial help

A senior White House official said the administration "welcomed" Bolsonaro's commitment on deforestation and that Brazil "has a responsibility to lead" on climate issues.

Published 16 Apr, 2021 10:08am

Biden sets out $2trn infrastructure plan

PITTSBURGH: President Joe Biden on Wednesday unveiled a $2 trillion infrastructure plan aimed at modernizing...

Published 02 Apr, 2021 04:58am

World

White House unveils $2 trillion infrastructure and climate plan

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.
He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April.

Updated 31 Mar, 2021 03:05pm

World

Without Trump, political disinformation dips -- for now

"It has removed a daily blizzard of misinformation from the ecosystem," Muirhead told AFP. "Not being bombarded is helping people's misinformation immune systems to reset themselves and recover."

Updated 28 Mar, 2021 05:32pm

Opinion

US bail-bond insurers spend big to keep defendants paying

Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in...

Published 27 Mar, 2021 05:41am

Taliban threaten to re-target foreign troops if withdrawal deadline missed

KABUL: The Taliban on Friday threatened to resume hostilities against foreign troops

Published 27 Mar, 2021 05:41am

World

Biden aims to "absolutely" run for a second term, despite age: Reports

President Joe Biden looks likely to run for a second term, despite his age and his image of a "transitional president" to bring the Democratic Party back in power.
Despite being the oldest President in American history at the age of 78, Biden would be 82 when running for his second term.

Updated 25 Mar, 2021 03:56pm

World

US oil activity jumps as executives remain wary of OPEC, Biden: survey

"While the price increases have been welcome news, OPEC+ is a sword of Damocles: if US operators raise capital expenditures, OPEC+ will open its taps and flood the market," one executive said. "There is a tense detente currently."
"I believe that it is their goal to effectively shut down our industry, and they will pursue that end with great energy," one executive said.

Published 24 Mar, 2021 09:22pm

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Oct 21 Trust Securities & Brokerage Limited(TSBL)	12.00 ▲ 1.00 (9.09%)
1st Dawood / Oct 21 First Dawood Investment Bank Limited(FDIBL)	2.35 ▲ 0.18 (8.29%)
Dynea Pak / Oct 21 Dynea Pakistan Limited(DYNO)	241.87 ▲ 16.87 (7.50%)
Pak Engg. / Oct 21 Pakistan Engineering Co Limited(PECO)	410.56 ▲ 28.64 (7.50%)
Thal LTD / Oct 21 Thal Limited(THALL)	401.72 ▲ 28.02 (7.50%)
Buxly / Oct 21 Buxly Paints Limited(BUXL)	115.37 ▲ 8.04 (7.49%)
Pak Int Cont. / Oct 21 Pakistan International Container(PICT)	171.25 ▲ 11.94 (7.49%)
Leiner Gelatine / Oct 21 Leiner Pak Gelatine Limited(LPGL)	20.55 ▲ 1.43 (7.48%)
Philip Morris / Oct 21 Philip Morris (Pakistan) Limited(PMPK)	833.00 ▲ 58.00 (7.48%)
Image Pakistan / Oct 21 Image Pakistan Limited(IMAGE)	18.89 ▲ 1.31 (7.45%)

Stock	Price
Millat Tractors / Oct 21 Millat Tractors Limited(MTL)	896.00 ▲ -224.41 (-20.03%)
Pak Gen. Ins. / Oct 21 The Pakistan General Insurance Co. Ltd.(PKGI)	4.29 ▲ -1.00 (-18.90%)
Universal Ins. / Oct 21 The Universal Insurance Company Limited(UVIC)	4.88 ▲ -1.00 (-17.01%)
Shaheen Ins. / Oct 21 Shaheen Insurance Company Limited(SHNI)	3.33 ▲ -0.56 (-14.40%)
Ashfaq Textile / Oct 21 Ashfaq Textile Mills Limited(ASHT)	10.25 ▲ -1.00 (-8.89%)
Wyeth Pakistan / Oct 21 Wyeth Pakistan Limited(WYETH)	1558.63 ▲ -126.37 (-7.50%)
Janana D Mal / Oct 21 Janana De Malucho Textile Mills Limited(JDMT)	83.00 ▲ -6.72 (-7.49%)
Apna Microfin.Bank / Oct 21 Apna Microfinance Bank Limited(AMBL)	19.30 ▲ -1.56 (-7.48%)
Pak Stock Exchange / Oct 21 Pakistan Stock Exchange Limited(PSX)	18.06 ▲ -1.46 (-7.48%)
J. K. Spinning / Oct 21 J.K. Spinning Mills Limited(JKSM)	41.61 ▲ -3.35 (-7.45%)

Stock	Volume
Bank of Punjab / Oct 21 The Bank of Punjab(BOP)	25,568,500 ▼ 0.00
Telecard Ltd. / Oct 21 Telecard Limited(TELE)	23,961,500 ▼ 0.00
Hum Network / Oct 21 Hum Network Limited(HUMNL)	22,424,000 ▼ 0.00
Worldcall / Oct 21 Worldcall Telecom Limited(WTL)	21,691,500 ▼ 0.00
Unity Foods / Oct 21 Unity Foods Limited(UNITY)	19,102,115 ▼ 0.00
Engro Polymer / Oct 21 Engro Polymer & Chemicals Limited(EPCL)	15,879,000 ▼ 0.00
Service Fab. / Oct 21 Service Fabrics Limited(SERF)	14,936,000 ▼ 0.00
Maple Leaf / Oct 21 Maple Leaf Cement Factory Limited(MLCF)	10,000,841 ▼ 0.00
Silkbank / Oct 21 Silkbank Limited(SILK)	7,395,500 ▼ 0.00
Byco Petroleum / Oct 21 Byco Petroleum Pakistan Limited(BYCO)	6,611,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 20	173.45
USD PKR Interbank Buying / Oct 20	173.30
USD to Japanese Yen / Oct 20	114.35
USD to Swiss Franc / Oct 20	0.92
Pound Sterling to USD / Oct 20	1.38
Euro to USD / Oct 20	1.16
UK LIBOR % / Oct 20	0.07

Stock	Volume
S&P 500 / Oct 20	4486.46
India Sensex / Oct 20	61765.59
Tokyo Nikkei / Oct 20	29025.46
Nasdaq / Oct 20	15021.81
Hang Seng / Oct 20	25409.75
FTSE 100 / Oct 20	7203.33
Dow Jones / Oct 20	35258.61
Germany DAX 30 / Oct 20	15474.47
France CAC40 / Oct 20	6673.10

Item	Value
Crude Oil / Oct 20	83.87
Karachi Cotton Assoc. / Oct 20	14680.00
Gold 10 Grams / Oct 20	97700.00
Gold Spot / Oct 20	1781.95
Cotton / Oct 20	110.73

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