Trends - China - Business Recorder

China

$11.6m compensation for Dasu project victims approved: ECC allows export of 14 items to Afghanistan against PKR

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved payment of $11.6 million...

Updated 22 Jan, 2022 09:51am

Business & Finance

China can achieve economic growth of around 5.5% in 2022

BEIJING: China will be able to achieve economic growth of around 5.5% in 2022, Zhu Guangyao, an adviser to China's...

Published 21 Jan, 2022 03:46pm

World

Crashed World War II aircraft found in India after 77 years

NEW DELHI: A missing World War II plane has been identified in India's remote Himalayas nearly 80 years after it...

Published 21 Jan, 2022 12:47pm

Markets

China set to cut interest rates on standing lending facility loans

SHANGHAI: China will on Friday cut the interest rates on a key monetary policy tool by which financial institutions...

Published 21 Jan, 2022 11:55am

Markets

China puts 4m barrels of Iranian oil into state reserves

SINGAPORE: China has offloaded nearly four million barrels of Iranian crude oil into state reserve tanks in the...

Published 21 Jan, 2022 05:27am

Technology

TikTok owner ByteDance's revenue growth slowed to 70% in 2021

BEIJING/HONG KONG: ByteDance, the owner of short video app TikTok, saw its total revenue grow by 70% year-on-year to...

Published 20 Jan, 2022 03:14pm

World

Russia, China and Iran to hold joint naval drill on Friday: ISNA

DUBAI: China, Russia and Iran will hold their joint naval drills on Friday, a public relations official from Iran's...

Published 20 Jan, 2022 01:17pm

World

China reports 66 new COVID-19 cases on Jan 19 vs 87 a day earlier

BEIJING: China reported 66 new confirmed COVID-19 cases for Jan. 19, down from 87 a day earlier, its health ...

Published 20 Jan, 2022 12:25pm

World

China suspends six more flights from the United States over COVID cases

BEIJING: China's aviation regulator will suspend six more fights from the United States, it said on Thursday, taking...

Published 20 Jan, 2022 12:04pm

Markets

Asia FX gets breather from US yields; central bank meetings in focus

BENGALURU: Asia's emerging currencies edged higher on Thursday as easing US Treasury yields nipped dollar gains,...

Published 20 Jan, 2022 11:44am

World

Australia to 'fight back' against hostile states in cyber

SYDNEY: Australia and Britain will "fight back" against cyber attacks from China, Russia, and Iran, defence minister...

Published 20 Jan, 2022 11:34am

Markets

Saudi Arabia expands share in China oil market, Russia lags

SINGAPORE: Saudi Arabia retained its top ranking in Chinese oil supplies in 2021, with supplies up 3.1% over 2020,...

Published 20 Jan, 2022 11:30am

Markets

Turkey strikes currency swap deal with UAE as ties warm

ISTANBUL: Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in...

Published 19 Jan, 2022 02:41pm

World

Global worker shortages may only worsen post-COVID: Mike Dolan

LONDON: Demographic trends can be glacial, but no less crushing and even the slightest acceleration is alarming....

Published 19 Jan, 2022 12:56pm

Markets

Asian currencies and stocks drop as investors brace for Fed rate hike

Philippine shares led emerging Asian markets lower while most currencies also slipped on Wednesday, as Treasury...

Published 19 Jan, 2022 12:39pm

World

Chinese couple trapped on lockdown date get engaged

BEIJING: A Chinese couple who were trapped on a neverending date thanks to a virus lockdown have been relieved to...

Published 19 Jan, 2022 09:59am

World

Xi'an restarts some public transport after coronavirus lockdown

BEIJING: The Chinese megacity of Xi'an has partially resumed public transport, according to official announcements,...

Published 19 Jan, 2022 09:34am

Pakistan

Application submitted to China on Nov 25, 2020: Pakistan still awaiting $2.43bn loan payment, Senate told

ISLAMABAD: Pakistan requested China for provision of $ 2.43 billion loan more than a year ago but the payment of the...

Published 19 Jan, 2022 06:15am

Business & Finance

Unilever pursues GSK-Pfizer unit after huge bid rebuffed

LONDON: Consumer goods giant Unilever on Monday revealed ongoing interest in a consumer health care unit owned by...

Published 17 Jan, 2022 02:41pm

World

China reports 223 new COVID-19 cases on Jan 16 vs 119 a day earlier

BEIJING: China reported 223 new confirmed COVID-19 cases for Jan. 16, up from 119 a day earlier, its health ...

Published 17 Jan, 2022 11:51am

Markets

China coal output hits record in Dec and in 2021

SINGAPORE: China's coal output hit record highs in December and in the full year of 2021, as the government ...

Published 17 Jan, 2022 11:02am

World

China reports 119 new COVID-19 cases on Jan 15 vs 165 a day earlier

BEIJING: China reported 119 new confirmed COVID-19 cases for Jan. 15, down from 165 a day earlier, its health...

Published 16 Jan, 2022 11:15am

World

China reports fewer coronavirus cases but Omicron spread unclear

SHANGHAI: China reported fewer new confirmed coronavirus cases for January 14 than a day earlier, but details on the...

Published 15 Jan, 2022 05:35pm

Business & Finance

China 2021 meat imports fall 5.4%, surge in domestic pork supply weighs

BEIJING: China's imports of meat fell 5.4% in 2021 from the year before, customs data showed on Friday, as a surge ...

Published 14 Jan, 2022 11:00am

World

US says only 'a few weeks left' to save Iran nuclear deal

WASHINGTON: There are only "a few weeks left" to save the Iran nuclear deal, and the United States is ready to look...

Published 14 Jan, 2022 10:18am

Pakistan

PM Imran to visit China on February 3: Foreign Office

Premier is visiting on Chinese President Xi Jinping's invitation

Updated 13 Jan, 2022 07:41pm

World

Two hospitals in China's Xi'an closed over lockdown failures

BEIJING: Two hospitals in China's locked-down city of Xi'an, including one that refused to treat an eight-month...

Published 13 Jan, 2022 01:21pm

World

China reports 190 new coronavirus cases in mainland on Jan 12 vs 221 a day earlier

BEIJING: China reported 190 new confirmed coronavirus cases for Jan. 12, down from 221 a day earlier, its health...

Published 13 Jan, 2022 12:52pm

Markets

China to produce 40% more soybeans by 2025 in self-sufficiency drive

BEIJING: China said it would raise domestic soybean output sharply in the next four years, in a drive to boost self...

Published 13 Jan, 2022 11:48am

World

US grants South Korea an Iran sanctions exemption

SEOUL: The United States has granted South Korea a sanctions exemption, allowing the country to pay millions of...

Published 13 Jan, 2022 10:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
FTSE 100 / Apr 17	7847.99
Dow Jones / Apr 17	37735.31
Germany DAX 30 / Apr 17	17770.02
France CAC40 / Apr 17	7981.51
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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