Trends - China - Business Recorder

China

China’s Lenovo extends revenue growth streak, beats expectations

HONG KONG: China’s Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the...

Published 23 May, 2024 10:21am

World

China announces sanctions on US defence firms

BEIJING: China said Wednesday it would impose sanctions on a number of US defence firms and several executives over...

Published 23 May, 2024 05:16am

Pakistan

Pakistan firmly upholds One-China principle: President

ISLAMABAD: President Asif Ali Zardari has reiterated that Pakistan firmly adhered to the One-China principle as the...

Published 23 May, 2024 05:16am

Terror attack near Besham: Govt to pay $2.5m compensation to Chinese nationals’ heirs

ISLAMABAD: Pakistan is to pay compensation of about $2.5 million to the heirs of five Chinese nationals who lost...

Updated 23 May, 2024 09:17am

FMs from Iran’s partners hold minute’s silence

ASTANA, (Kazakhstan): Foreign ministers and diplomats from around a dozen of Iran’s political and economic partners...

Updated 22 May, 2024 08:51am

Business & Finance

Capital markets: SECP conducts workshop on collaboration with China

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) held a workshop here to explore areas of ...

Published 22 May, 2024 05:54am

World

Yellen says G7 to discuss Chinese overproduction

FRANKFURT: United States Treasury Secretary Janet Yellen said on Tuesday that concerns about Chinese overproduction...

Published 21 May, 2024 06:37pm

World

Chinese foreign minister meets Russia’s Lavrov, calls for close cooperation

BEIJING: China and Russia should increase mutual support, stabilise the foundation of their cooperation and maintain...

Published 20 May, 2024 06:48pm

Markets

Russia is China’s top oil supplier for a 12th month in April

Russia China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official...

Published 20 May, 2024 10:20am

World

Iranian President Ebrahim Raisi killed in helicopter crash, official says

Search teams locate the wreckage in East Azerbaijan province

Updated 20 May, 2024 10:18pm

World

China launches anti-dumping probe into EU, US, Japan, Taiwan plastics

BEIJING: China’s commerce ministry on Sunday launched an anti-dumping probe into POM copolymers, a type of...

Published 20 May, 2024 05:44am

World

Taiwan’s new president to extend goodwill to China in inauguration speech

TAIPEI: Taiwan’s next president Lai Ching-te will express “concrete” goodwill towards China in his ...

Published 20 May, 2024 05:44am

Markets

Most Gulf markets rise while Saudi bourse holds steady

DUBAI: Most Gulf stock markets rose on Sunday against a backdrop of rising oil prices on improving economic...

Published 20 May, 2024 05:44am

Two key HPPs: Sinosure agrees to implement

China’s insurance company shows willingness to implement 700-MW Azad Pattan Hydropower Project and 1124-MW Kohala Hydropower Project worth billions of dollars on guidance from Beijing

Updated 20 May, 2024 10:21am

Markets

China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

BEIJING: China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters...

Published 18 May, 2024 10:19am

World

Putin in trade push on final day of China trip

BEIJING: Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit...

Published 17 May, 2024 05:22pm

World

Vladimir Putin to push growing Moscow-Beijing trade in China’s northeast

BEIJING: After sealing pledges of a “new era” of strategic partnership with China’s Xi Jinping, Russian President...

Published 17 May, 2024 10:53am

World

US should keep open trade, work with China: IMF

WASHINGTON: The US would be better served by maintaining its open trade system rather than imposing new punitive...

Published 17 May, 2024 05:50am

High-quality B&R cooperation: Pakistan, China agree to deepen Beijing’s steps

ISLAMABAD: Pakistan and China have agreed to deepen and substantiate Beijing’s eight major steps to support...

Updated 17 May, 2024 09:08am

World

Xi Jinping, Putin hail ties as ‘stabilising’ force in chaotic world

BEIJING: Leaders Xi Jinping and Vladimir Putin framed their nations’ ties as a stabilising force in a chaotic world...

Published 16 May, 2024 10:50am

Markets

China stocks close lower after US tariffs

SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by US President Joe Biden’s decision to levy...

Published 16 May, 2024 06:28am

World

China ready to work on ‘upgraded’ economic corridor with Pakistan, minister says

Foreign Minister Wang Yi meets FM Ishaq Dar in Beijing

Updated 15 May, 2024 11:04pm

World

Putin backs China’s Ukraine peace plan, says Beijing understands the conflict

Russian President Vladimir Putin, in an interview published early on Wednesday, said he backed China’s plan for a...

Published 15 May, 2024 01:34pm

World

China warns new US tariffs will ‘severely affect’ relations

BEIJING: Beijing on Tuesday warned new US tariffs on $18 billion worth of imports from China would “severely affect”...

Updated 14 May, 2024 10:33pm

World

Vladimir Putin to visit Beijing, meet Xi this week

BEIJING: Russian President Vladimir Putin will visit China this week and meet with leader Xi Jinping, the two...

Published 14 May, 2024 01:29pm

Pakistan

Mayor of Shoguang meets Dar

ISLAMABAD: Mayor of Shoguang, Zhao Tianbao, called on the Deputy Prime Minister and Foreign Minister, Senator...

Published 14 May, 2024 05:18am

Business & Finance

Pakistan committed to SCO’s charter: Dar

BEIJING: Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar has expressed Pakistan’s strong commitment...

Published 14 May, 2024 05:18am

World

'Significant' Chinese response to US tariffs possible: Yellen

FREDERICKSBURG: Beijing could possibly issue a “significant” response to US tariffs on Chinese goods, Treasury...

Published 13 May, 2024 09:17pm

Pakistan

Deputy PM Dar arrives in Beijing for strategic dialogue

Will co-chair Fifth Pakistan-China Foreign Ministers’ Strategic Dialogue

Updated 13 May, 2024 04:52pm

Business & Finance

China’s exports and imports return to growth, signalling demand recovery

BEIJING: China’s exports and imports returned to growth in April after contracting in the previous month, customs...

Published 13 May, 2024 06:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

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

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

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

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