Trends - China - Business Recorder

China

China, US lead rise in global debt to record high $305trn: IIF

NEW YORK: The world’s two largest economies borrowed the most in the first quarter as global debt rose to a record...

Published 19 May, 2022 05:29am

Business & Finance

China April new home prices fall for the first time since Dec as COVID bites

BEIJING: China’s new-home prices in April fell for the first time month-on-month since December, official data...

Published 18 May, 2022 10:41am

World

Normal life is weeks away for Shanghai, despite ‘zero COVID’ status

SHANGHAI/BEIJING: Shanghai achieved on Tuesday the long-awaited milestone of three consecutive days with no new...

Published 17 May, 2022 10:33am

BR Research

Oil prices: volatile but high

While remaining on the higher band, international crude oil prices have seen some slippage in recent weeks as demand...

Published 17 May, 2022 08:14am

Markets

China’s April coal output leaps 11% on year, but demand downturn looms

BEIJING: China’s daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing’s...

Published 16 May, 2022 11:45am

Markets

China April aluminium output hits record high as power curbs lifted

BEIJING: China’s aluminium production in April hit a record high, official data showed on Monday, after curbs on...

Published 16 May, 2022 11:22am

Business & Finance

China’s retail sales lowest in two years from Covid damage

BEIJING: China’s retail sales slumped to its lowest in over two years while factory output plunged, official data...

Published 16 May, 2022 10:39am

World

Tuvalu, sinking in the Pacific, fears becoming a superpower ‘pawn’

SYDNEY: Tuvalu fears that climate change, an existential threat to the Pacific nation, is being forgotten and it...

Published 13 May, 2022 11:53am

World

China says ready to support North Korea in Covid battle

BEIJING: China said Thursday it was ready to “fully support” North Korea in its pandemic prevention efforts after...

Published 12 May, 2022 05:41pm

Business & Finance

Asian economic powers warn of risks from war, monetary policy normalisation

TOKYO: East Asian economic leaders warned on Thursday of risks to the region’s outlook and pledged to remain...

Published 12 May, 2022 02:56pm

Technology

Apple supplier Foxconn’s Q1 profit up 5%, in line with market view

TAIPEI: Apple Inc supplier Foxconn reported a largely in line 5% rise in first-quarter profit as chip shortages,...

Published 12 May, 2022 12:50pm

Technology

China’s Xiaomi battles probes in key India market

NEW DELHI: Chinese smartphone giant Xiaomi Corp faces legal headaches in India as a federal financial crime-fighting...

Published 12 May, 2022 11:53am

World

Russia ‘most direct threat to world order’: EU’s von der Leyen

TOKYO: Top European officials warned Thursday that Russia poses the “most direct threat” to world order and urged...

Published 12 May, 2022 10:27am

Pakistan

NA informed: $6.87bn received from Saudi Arabia, China during PTI’s tenure

ISLAMABAD: Pakistan has received $ 6.87 billion from Saudi Arabia and China in the form of disbursements during the...

Published 12 May, 2022 05:40am

Renewable energy to grow to new record in 2022: IEA

PARIS: The world will set a new record for renewable power capacity this year led by solar energy in China and...

Published 12 May, 2022 05:40am

Business & Finance

China’s auto sales plunge 47.6% y/y in April, zero-COVID policy takes toll

SHANGHAI: China’s auto sales in April plunged 47.6% from a year earlier, as the country’s zero COVID-19 policy shut...

Published 11 May, 2022 12:30pm

Business & Finance

Toyota posts record full-year net profit, forecasts cautious

TOKYO: Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued...

Published 11 May, 2022 10:34am

Markets

China April refined tin output rises

BEIJING: China’s refined tin output from major smelters surged 14.4% in April from the previous month, ...

Published 10 May, 2022 06:35am

World

As Ukraine war rages, Biden team revives Asia focus

WASHINGTON: President Joe Biden was clear from the moment he entered office – China is the main international...

Published 09 May, 2022 09:50am

Pakistan

PM accuses PTI govt of annoying China, stalling CPEC

LAHORE: Prime Minister Shehbaz Sharif said on Sunday that Imran-led government had angered China, which is the...

Published 09 May, 2022 05:39am

Markets

Sri Lanka in talks for $100mn emergency funding from Beijing-backed bank

COLOMBO: The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency...

Published 08 May, 2022 02:49pm

World

As Beijing COVID outbreak proves stubborn, mass tests becoming routine

BEIJING/SHANGHAI: Millions of Beijing residents queued up for another round of COVID-19 tests on Sunday as China's...

Updated 08 May, 2022 11:11am

Business & Finance

China’s April forex reserves fall to $3.12 trillion

BEIJING: China’s foreign exchange reserves fell more than expected in April, official data showed on Saturday. The...

Published 07 May, 2022 01:47pm

Markets

Demand concerns push aluminium to four-month low

LONDON: Aluminium prices fell to four-month lows on Friday as concerns about demand created by a slowdown in...

Published 07 May, 2022 07:09am

Sports

Asian Games 2022 in China postponed: organisers

BEIJING: The Asian Games due to take place in Hangzhou in September have been postponed indefinitely, organisers...

Published 06 May, 2022 11:47am

Markets

U.S. fuel prices surge faster than crude as exports tighten market

NEW YORK: U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has...

Published 06 May, 2022 11:27am

World

Building collapse in China’s Changsha kills 53

Fifth-three people died when a housing block collapsed in the Chinese city of Changsha last week, state broadcaster...

Published 06 May, 2022 10:22am

Business & Finance

China’s services activity plunges as zero-Covid drags

BEIJING: China’s services sector activity slumped in April to the second lowest on record, independent data showed...

Published 05 May, 2022 10:21am

World

Ukraine asks China to be security guarantor

BEIJING: Ukraine’s foreign minister has asked China to provide security guarantees for Kyiv, in a lengthy ...

Published 02 May, 2022 07:30am

World

Ukraine FM asks China to be security guarantor: interview

BEIJING: Ukraine’s foreign minister has asked China to provide security guarantees for Kyiv, in a lengthy interview...

Updated 01 May, 2022 02:42pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 19 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 19 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 19 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 19 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 19 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 19 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 19 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 19 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 19 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 19 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 19 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 19 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 19 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 19 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 19 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 19 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 19 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 19 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 19 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 19 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 19 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 19 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 19 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 19 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 19 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

China

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