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China Economy

China our first option, and last option as well

This is apropos a Business Recorder op-ed “The giant ship of China’s economy will continue to cleave the ...

Published 22 Dec, 2023 05:22am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Markets

Copper extends losses on firm dollar

LONDON: Copper prices dipped on Friday as the dollar resumed gains on worries about high US interest rates and after...

Published 15 Oct, 2023 03:19am

Supplements

China's Remarkable 74-Year Economic Odyssey: From Inception to Innovation

TEXT: China's economic transformation is from a bumble beginning to ‘Global Leadership.’ As the People’s...

Updated 02 Oct, 2023 07:34am

Supplements

Message from Chinese Modernization: Leaving No One Behind

TEXT: Modernization is not a luxury for the privileged few. It is the common pursuit of all people around the world....

Updated 02 Oct, 2023 07:37am

Supplements

Enhancing Solidarity and Cooperation to Overcome Risks and Challenges and Jointly Build a Better World

TEXT: Address by H.E. Xi Jinping President of the People’s Republic of China. At the Closing Ceremony of the BRICS...

Updated 02 Oct, 2023 07:44am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
Dow Jones / May 14	39558.11
India Sensex / May 15	73025.23
Tokyo Nikkei / May 15	38385.73
FTSE 100 / May 15	8467.99
Germany DAX 30 / May 15	18796.11

Item	Value
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Karachi Cotton PKR/37.32 KG / May 15	19935
Gold 10 Grams PKR / May 15	209191
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 15 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 15 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 15 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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