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China Economy

China’s Didi Q2 revenue grows as regulatory curbs ease

BEIJING: Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion...

Published 09 Sep, 2023 10:29am

Business & Finance

China seeking private investment in major projects

BEIJING: China is seeking private investment in 4,894 major projects with total investment of 5.27 trillion yuan...

Updated 09 Sep, 2023 03:12pm

World

China’s deflation pressures ease, more steps expected to spur demand

BEIJING: China’s consumer prices returned to positive territory in August while factory-gate price declines slowed,...

Published 09 Sep, 2023 10:09am

Business & Finance

China’s Country Garden wins vote on debt to avoid default: Bloomberg

BEIJING: Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond...

Published 03 Sep, 2023 02:59am

Markets

Australian dollar gets commodity lift, NZ bonds left struggling

SYDNEY: The Australian and New Zealand dollars enjoyed a rare rally on Wednesday as commodity prices showed some...

Published 23 Aug, 2023 09:39am

World

China's Xi tells BRICS summit that Chinese economy is resilient

China's leader Xi Jinping told the BRICS group on Tuesday that China's economy was resilient and that the...

Published 23 Aug, 2023 12:33am

Business & Finance

Dollar hits more than one-month high on China fears

WASHINGTON/LONDON: The US dollar hit more than a one-month high on Monday as investors sought a safe haven due to...

Published 15 Aug, 2023 06:30am

Markets

China and Hong Kong shares fall on weak credit data

SHANGHAI: China and Hong Kong stocks fell on Monday as investor sentiment remained subdued after disappointing...

Published 14 Aug, 2023 10:32am

Business & Finance

China State Council issues guidelines in bid to increase foreign investment

BEIJING: China’s State Council issued guidelines on Sunday that it said would further optimize the country’s...

Published 14 Aug, 2023 06:29am

World

Biden calls China economy a ‘ticking time bomb,’ misstates GDP growth

SALT LAKE CITY: U.S. President Joe Biden on Thursday called China a “ticking time bomb” because of economic...

Updated 11 Aug, 2023 08:26pm

Business & Finance

Asia’s factory activity shrinks as China’s slump, global slowdown weigh

TOKYO: Asia’s factory activity shrank in July, private surveys showed on Tuesday, a sign slowing global growth and...

Published 07 Aug, 2023 07:35am

Business & Finance

Major global firms warn of slow China sales as post-pandemic surge fades

NEW YORK: Global firms from consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar have...

Published 07 Aug, 2023 07:25am

World

China’s July economic losses from disasters exceed January-June

BEIJING: China’s direct economic losses from natural disasters surged to 41.18 billion yuan ($5.74 billion) in July,...

Published 05 Aug, 2023 09:53am

World

China relaxes visa, urban residency rules to boost economy

BEIJING: China will allow some foreigners to obtain visas on arrival and rural residents to settle more easily in...

Published 05 Aug, 2023 06:00am

Business & Finance

China keeps lending benchmarks unchanged

SHANGHAI/ SINGAPORE: China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a...

Published 21 Jul, 2023 06:38am

Markets

China wheat output falls 0.9% after rain damage ahead of harvest

BEIJING: China’s summer wheat output fell 0.9% this year, official data showed on Saturday, the first decline in...

Published 15 Jul, 2023 10:17am

World

China June new home prices flat in weakest showing this year

BEIJING: China’s new home prices were unchanged in June, the weakest result this year, data showed on Saturday,...

Published 15 Jul, 2023 10:15am

World

China, South Korea agree to strengthen talks on chip industry

China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains,...

Published 27 May, 2023 11:35am

Business & Finance

China industrial profits tumble 18% in April as demand sputters

BEIJING: Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on...

Published 27 May, 2023 10:28am

Markets

China’s Inner Mongolia region starts construction of coal mine

BEIJING/SINGAPORE: China’s Inner Mongolia region started construction on Friday of a coal mine with an annual...

Published 21 May, 2023 04:00am

World

Strike grips Sri Lanka as unions protest IMF bailout

COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested...

Updated 15 Mar, 2023 08:08pm

Business & Finance

China retail sales up in New Year after Covid reopening

BEIJING: Chinese retail sales rebounded in January and February as Beijing abandoned its suffocating zero-Covid...

Published 15 Mar, 2023 11:59am

Markets

China, Hong Kong stocks fall as recovery doubts, US data curb risk appetite

HONG KONG: China and Hong Kong stocks fell on Friday, led by automobile stocks and selected internet stocks in Hong...

Published 10 Mar, 2023 10:31am

Business & Finance

China consumer inflation rises at slowest pace in a year

BEIJING: China’s annual consumer inflation slowed down in February as consumers remained cautious despite the...

Published 10 Mar, 2023 03:46am

Business & Finance

China economy to rebound in 2023 under ‘precise, forceful monetary policy’

BEIJING: China’s economy is expected to generally rebound in 2023 and monetary policy will be precise and...

Published 27 Feb, 2023 06:17am

Business & Finance

China to craft policies to boost consumer spending on housing

BEIJING: Chinese authorities said on Thursday they will craft policies aimed at stimulating spending on housing and...

Published 20 Feb, 2023 07:04am

World

Australia trade minister to travel to Beijing to meet counterpart

SYDNEY: Australia trade minister Don Farrell said on Monday he had agreed to an in-person meeting with Chinese...

Published 06 Feb, 2023 09:45am

Business & Finance

China economic activity swings back to growth in January

BEIJING: China’s economic activity swung back to growth in January, official data showed on Tuesday, after a wave...

Published 06 Feb, 2023 06:57am

Markets

China, HK stocks rise on strong foreign inflows

HONG KONG: China stocks jumped to a four-month high on Monday, aided by strong foreign inflows, while Hong Kong...

Published 17 Jan, 2023 06:02am

Business & Finance

China revises 2021 GDP growth up to 8.4% from 8.1%

BEIJING: China has revised up its estimate of 2021 gross domestic product (GDP) growth to 8.4% from 8.1% previously,...

Published 27 Dec, 2022 10:48am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5.01 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	490 ▼ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	70 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	351.13 ▼ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	6.92 ▼ 0.00 (0.00%)
Attock Cement / Sep 22 Attock Cement Pakistan Limited(ACPL)	85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 22 786 Investments Limited(786)	5.01 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 22 Al-Abbas Sugar Mills Limited(AABS)	490 ▲ 0.00 (0.00%)
Agro Allianz / Sep 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 22 Allied Bank Limited(ABL)	70 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 22 Abbott Laboratories (Pakistan) Limited(ABOT)	351.13 ▲ 0.00 (0.00%)
Abson Ind. / Sep 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 22 Alfalah Consumer Index ETF.(ACIETF)	6.92 ▲ 0.00 (0.00%)
Attock Cement / Sep 22 Attock Cement Pakistan Limited(ACPL)	85 ▲ 0.00 (0.00%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	25,210,712 ▲ 0.00
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,320,162 ▲ 0.00
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,267 ▲ 0.00
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,789,573 ▲ 0.00
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,700,891 ▲ 0.00
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	5,385,000 ▲ 0.00
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,016,290 ▲ 0.00
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,060,395 ▲ 0.00
Dewan Motors / Sep 22 Dewan Farooque Motors Limited(DFML)	3,499,174 ▲ 0.00
Waves Corporation / Sep 22 Waves Corporation Limited(WAVES)	3,412,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 21	292.95
USD PKR Interbank Buying / Sep 21	292.75
USD to Japanese Yen / Sep 21	147.57
USD to Swiss Franc / Sep 21	0.90
Pound Sterling to USD / Sep 21	1.23
Euro to USD / Sep 21	1.07
UK LIBOR % / Sep 20	5.44

Stock	Volume
S&P 500 / Sep 21	4330
India Sensex / Sep 21	66230.24
Tokyo Nikkei / Sep 21	32571.03
Nasdaq / Sep 21	13223.98
Hang Seng / Sep 21	17655.41
FTSE 100 / Sep 21	7678.62
Dow Jones / Sep 21	34070.42
Germany DAX 30 / Sep 21	15571.86
France CAC40 / Sep 21	7213.90

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 20	19235
Gold 10 Grams PKR / Sep 20	186820
Crude Oil USD/Barrel / Sep 21	89.63
Gold Spot USD/Ounce / Sep 21	1920.08
Cotton US¢/pound / Sep 21	86.47

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