Trends - China - Business Recorder

China

China plans to introduce fastest bullet train soon

KARACHI: China, with the largest high-speed rail network in the world, has planned to introduce its fastest bullet...

Published 07 Jul, 2023 05:24am

Opinion

PARTLY FACETIOUS:‘The Pakistani Gang of Four’

“The air waves are inundated with the Panama papers these days.” “Indeed, I reckon to smooth the path towards...

Published 07 Jul, 2023 05:24am

World

US’s Yellen to kick off China visit with both sides locked in confrontation

BEIJING: US Treasury Secretary Janet Yellen arrived in Beijing on Thursday to begin a four-day visit expected to...

Updated 06 Jul, 2023 03:20pm

Barter trade instrument: MoC says it has gotten ‘blanket’ approval from cabinet

ISLAMABAD: Commerce Ministry said on Wednesday that it has obtained “blanket” approval from the Federal Cabinet for...

Updated 06 Jul, 2023 08:43am

Pakistan

There’s no default threat now, says PM

ISLAMABAD: Prime Minister Shehbaz Sharif while expressing commitment to fully comply with the International Monetary...

Updated 06 Jul, 2023 08:37am

Pakistan

10 years of CPEC: PM Shehbaz says project has transformed country’s economic landscape

Expresses hope that CPEC will once again kickstart growth in various sectors including agriculture and IT

Updated 05 Jul, 2023 03:37pm

World

Torrential rains kill at least 15 in southwest China

BEIJING: Fifteen people are dead and four are missing after torrential rain lashed the Chinese metropolis of...

Published 05 Jul, 2023 11:50am

World

Yellen’s China visit aims at ‘new normal’ with Beijing

WASHINGTON: U.S. Treasury Secretary Janet Yellen’s first trip to China will focus on recalibrating ties between the...

Published 05 Jul, 2023 10:44am

World

China cancels rescheduled visit from EU top diplomat

BRUSSELS: China has cancelled a visit to Beijing planned for next week by the European Union’s foreign policy ...

Published 05 Jul, 2023 06:00am

World

Yellen meets Chinese ambassador before her trip to Beijing

BEIJING: China’s ambassador to the United States said he hoped Beijing and Washington would “meet each other...

Published 04 Jul, 2023 02:39pm

World

China warns of ‘multiple natural disasters’ in July

BEIJING: Chinese authorities have warned of extreme weather and “multiple natural disasters” in the coming month, as...

Published 04 Jul, 2023 11:16am

Dar appreciates role of Chinese FIs

ISLAMABAD: Finance Minister Ishaq Dar on Monday appreciated the Chinese support to Pakistan on multiple fronts, and...

Updated 04 Jul, 2023 09:12am

Business & Finance

China slaps export curbs on essential chip-making metals

BEIJING: China said on Monday it would slap export controls on two rare metals essential for the manufacture of...

Published 04 Jul, 2023 05:07am

World

Chinese warships on ‘port call’ in Nigeria

LAGOS: Three Chinese warships are visiting Nigeria as part of growing naval cooperation between the two countries,...

Published 03 Jul, 2023 07:57pm

World

China’s top diplomat urges greater co-operation with Japan, South Korea

BEIJING: China, Japan and South Korea need to send a clear signal of regrouping towards co-operation, and resist...

Published 03 Jul, 2023 04:53pm

World

China seeks to expand cooperation with Russian navy

BEIJING: China’s defence minister said on Monday he hoped to expand naval cooperation with Russia, in the...

Published 03 Jul, 2023 02:52pm

World

China’s deadly weather from heat to hailstorms take its toll

BEIJING: Torrential rain triggered flash floods in northern China killing one person and sweeping away two, state...

Published 03 Jul, 2023 11:02am

World

Yellen to visit China, raising need to ‘responsibly manage’ ties

WASHINGTON: Treasury Secretary Janet Yellen is set to visit Beijing this week, the United States said Sunday,...

Published 03 Jul, 2023 09:33am

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

World

EU ambassador regrets lack of progress with China on trade

BEIJING: The European Union’s ambassador to China expressed regret on Sunday over the lack of “substantial...

Published 03 Jul, 2023 06:04am

Markets

Aramco sees ‘sound’ oil outlook for H2 on China, India demand

KUALA LUMPUR: Saudi Aramco believes market fundamentals remain “sound” for the second half as demand from...

Published 03 Jul, 2023 06:04am

Markets

Sinopec’s first green hydrogen plant starts production

BEIJING: China’s Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the...

Published 03 Jul, 2023 06:04am

Business & Finance

Boeing says about 90pc of China 737 MAX jets have resumed commercial operations

BEIJING: About 90 percent of Boeing’s China 737 MAX jets have resumed commercial operation as of the end of June,...

Published 03 Jul, 2023 06:04am

World

EU ambassador regrets lack of progress with China on trade

BEIJING: The European Union’s ambassador to China expressed regret on Sunday over the lack of “substantial progress”...

Published 02 Jul, 2023 06:39pm

World

Chinese military delegation visited UK, France

BEIJING: A Chinese military delegation visited the Britain and France from June 24 to Saturday to discuss the...

Published 01 Jul, 2023 11:58am

World

China’s Xi to attend, deliver speech at SCO summit via video link

BEIJING: China’s President Xi Jinping will attend and deliver a speech at a summit of the Shanghai Cooperation...

Published 30 Jun, 2023 11:39am

Markets

Yen weakens past key 145 per dollar level; yuan falls after China PMI data

SINGAPORE: The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential...

Published 30 Jun, 2023 10:00am

World

Yellen hopes to visit China to ‘re-establish contact’ with leaders

WASHINGTON: US Treasury Secretary Janet Yellen said in an interview that aired Wednesday she hopes to travel to...

Published 29 Jun, 2023 11:47am

Opinion

An indecent rendezvous–I

Americans since the Kennedy years have been in romance with India. The credit for this goes to Jawaharlal Nehru’s...

Published 29 Jun, 2023 04:19am

Editorials

CPEC: An ongoing journey

EDITORIAL: CPEC’s (China Pakistan Economic Corridor’s) 10-year journey has no doubt been one of game-changing...

Published 29 Jun, 2023 04:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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