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China

China reports 7 COVID-related hospital deaths from Feb. 17-23

BEIJING: China recorded 7 COVID-related deaths at its hospitals between Feb. 17-23, the Chinese Center for Disease...

Published 26 Feb, 2023 10:24am

No G20 joint statement after China objections on Ukraine war

BENGALURU: G20 finance ministers failed Saturday to agree to a joint statement on the global economy at talks in...

Updated 26 Feb, 2023 09:57am

Business & Finance

World Bank promises ‘concessionality’ in debt restructuring

BENGALURU: The World Bank will “provide as much concessionality to the debt treatment” for distressed economies...

Published 26 Feb, 2023 03:27am

World

Kazakhstan backs China's Ukraine plan before Blinken visit

ASTANA: Russian ally Kazakhstan expressed support on Saturday for a Chinese initiative to resolve the conflict in...

Updated 25 Feb, 2023 07:17pm

World

Biden says he does not ‘anticipate’ China providing weapons to Russia

WASHINGTON: US President Joe Biden said Friday that he does not “anticipate a major initiative” from China to...

Published 25 Feb, 2023 02:39pm

Opinion

Watch thy neighbours–II

Pakistan has India to its east, Afghanistan to its northwest and Iran to its west while China borders the country in...

Updated 25 Feb, 2023 06:58am

$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

World

China's Ukraine plan is 'important contribution': UN spokesman

UNITED NATIONS: China's proposal on the Ukraine conflict a year after Russia invaded is an "important contribution,"...

Published 24 Feb, 2023 11:27pm

Markets

SBP receives $700mn from China Development Bank, says Ishaq Dar

Development comes as central bank-held foreign exchange reserves languish at around $3.26bn, which is less than one month of import cover

Published 24 Feb, 2023 09:44pm

World

Six dead, dozens still missing after China mine collapse

BEIJING: Dozens of people remained missing on Friday following a collapse at a coal mine in northern China that...

Published 24 Feb, 2023 10:03am

Opinion

Debt and fiscal space

David Malpass, in a recent interview, has reportedly talked about China’s non-disclosure clause as one of the...

Updated 24 Feb, 2023 06:36am

China debt: FO seeks to ease US concerns

ISLAMABAD: The Foreign Office on Thursday responded to US concerns over Chinese debt and emphasised that being a...

Updated 24 Feb, 2023 11:49am

World

Death toll from China mine collapse rises to four, dozens still missing

BEIJING: The death toll from a collapse at a coal mine in northern China rose to four on Thursday, state media...

Published 23 Feb, 2023 11:18am

PPIB tells govt: Sinosure reluctant to insure any new power project

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has notified the government that Chinese insurer M/s...

Updated 23 Feb, 2023 09:18am

World

Russia says Lavrov and Wang Yi did not discuss 'Chinese peace plan'

Russian Foreign Minister Sergei Lavrov and China's top diplomat Wang Yi did not discuss a reported Chinese plan to...

Published 22 Feb, 2023 11:12pm

World

China expects sharp rebound in tourism this year

BEIJING: China expects its tourism market to flourish this year, starting with a busy and robust summer travel...

Published 22 Feb, 2023 08:57am

World

China says certain countries must stop ‘fuelling the fire’ in Ukraine conflict

BEIJING: China is “deeply worried” that the Ukraine conflict could spiral out of control, foreign minister Qin...

Published 22 Feb, 2023 03:30am

World

Putin set for major Ukraine war speech after Biden walks streets of Kyiv

KYIV: Russian President Vladimir Putin was due to make a speech on Tuesday setting out aims for the second year of...

Published 21 Feb, 2023 11:18am

World

China says certain countries must stop ‘fuelling the fire’ in Ukraine conflict

BEIJING: China is “deeply worried” that the Ukraine conflict could spiral out of control, foreign minister Qin Gang...

Published 21 Feb, 2023 10:45am

Business & Finance

VIS Credit Rating Co announces agreement with int’l agencies

KARACHI: VIS Credit Rating Company Limited announces an ‘Agreement of Cooperation’ (AoC) executed between the...

Published 21 Feb, 2023 07:05am

World

Britain’s BrewDog aims to put Punk IPA on the map in China

LONDON: Britain’s BrewDog has struck a deal for its flagship craft beer Punk IPA to be made in China, as it seeks...

Published 21 Feb, 2023 05:58am

Pakistan

CPEC, non-CPEC projects: Punjab govt claims ‘365 Chinese are working on expired visas’

ISLAMABAD: The Government of Punjab reportedly stunned high level officials by claiming that 365 Chinese Nationals...

Published 21 Feb, 2023 05:58am

Markets

China stocks mark best day in nearly three months

SHANGHAI: China stocks saw their best day since end-November on Monday as risk appetite improved on hopes of the...

Published 21 Feb, 2023 05:58am

World

China rejects US claim it may arm Russia

BEIJING: Beijing lashed out on Monday against US claims that China was considering sending arms to Russia to assist...

Published 20 Feb, 2023 05:55pm

Markets

China central bank asks banks to slow lending in February

BEIJING: China’s central bank has told some banks to slow the pace of lending to contain risks after new bank loans...

Published 20 Feb, 2023 10:46am

Markets

Asia diesel profits wane as China boosts exports, market adapts to Russia: Russell

LAUNCESTON: The profit for making diesel in Asia has dropped to the lowest in almost a year, a sign that the market...

Published 20 Feb, 2023 10:43am

Markets

China, Hong Kong stocks rise on China recovery hopes

SHANGHAI: China and Hong Kong stocks climbed on Monday as risk appetite improved on hopes of the economy gradually...

Published 20 Feb, 2023 10:31am

Markets

China’s CNPC set to seal big Qatari LNG deal

SINGAPORE/LONDON: China National Petroleum Corp (CNPC) is close to finalising a deal to buy liquefied natural gas...

Published 20 Feb, 2023 07:30am

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

Markets

China, HK stocks fall as US data cloud China’s recovery hopes

BEIJING: China and Hong Kong stocks fell on Friday, dragged by some tech stocks, as upbeat US economic data revived...

Published 20 Feb, 2023 06:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

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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