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China says to take ‘necessary measures’ after fresh US sanctions

BEIJING: Beijing on Thursday said it would take “necessary measures” after the United States announced fresh...

Published 02 May, 2024 06:33pm

World

China opposes US sanctions on Chinese companies for Russia-related reasons

BEIJING: China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related...

Published 26 Feb, 2024 01:39pm

Mega road network project: Chinese investment dependent on political stability

ISLAMABAD: Chinese companies are interested in investing in mega road network project depending on political...

Updated 05 Jan, 2024 09:14am

Markets

China blue-chips jump most in 5 months on foreign inflows

SHANGHAI: China blue-chip stocks staged their biggest jump in five months on Thursday on strong foreign inflows, ...

Published 29 Dec, 2023 02:58am

New era of Sino-Pak trade ties: First shipment of dried chillies sent to China

ISLAMABAD: The caretaker Federal Minister for Commerce and Industries, Dr Gohar Ejaz, announced a significant...

Updated 20 Dec, 2023 09:21am

World

China receives US equipment to make advanced chips despite new rules

WASHINGTON: Chinese companies are buying up US chipmaking equipment to make advanced semiconductors, despite a raft...

Published 15 Nov, 2023 06:09am

Senate panel told: PSM sell-off halted after 3 Chinese cos withdrew EoIs

ISLAMABAD: A parliamentary panel was informed on Thursday that the privatisation of Pakistan Steel Mills (PSM) was...

Updated 27 Oct, 2023 09:27am

FO assails US action against 3 China-based entities

ISLAMABAD: The Foreign Office on Thursday termed the US administration’s move to designate three Chinese entities on...

Updated 27 Oct, 2023 08:52am

Opinion

Pak-Afghan tensions: major breakthrough?

In a highly important development, China’s special envoy for Afghanistan affairs Yue Xiaoyong met with ...

Updated 25 Oct, 2023 06:49am

Missile parts supplies to Pakistan? US puts sanctions on three Chinese companies

WASHINGTON: The United States is imposing sanctions on three China-based companies that it said on Friday have...

Updated 21 Oct, 2023 08:52am

PSM sell-off: Only one bidder still showing interest, says Fawad

ISLAMABAD: There is a single bidder left which is still showing interest in the privatisation of Pakistan Steel...

Updated 22 Sep, 2023 09:11am

CPEC power plants: Sinosure demands govt make payments

ISLAMABAD: China Export & Credit Insurance Corporation (Sinosure) has warned the GoP on not honouring its...

Updated 18 Sep, 2023 09:45am

World

Biden signs order to ban certain tech investments in China

NEW YORK: President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain US...

Published 10 Aug, 2023 04:24am

PM praises role of cos operating under CPEC

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said the difficult time is over and Pakistan and China are...

Updated 08 Aug, 2023 08:44am

World

China renews call for US to lift sanctions

BEIJING: China on Thursday renewed its call for the United States to lift “unilateral” sanctions against Chinese...

Published 14 Jul, 2023 06:23am

Markets

China stocks end lower

SHANGHAI: China stocks fell on Monday, hovering near their lowest level for the year so far, after data showed ...

Published 30 May, 2023 03:37am

Global currency: Govt supports China’s efforts to expand use of RMB

Pakistan is one of the leading countries to use RMB for international trade settlement, says minister Ahsan Iqbal

Updated 07 Apr, 2023 01:08pm

CPEC power projects: China concerned over payment issues

Chinese government through Pakistan’s embassy in Beijing and its own embassy in Islamabad has raised this issue at all forums

Updated 06 Mar, 2023 11:39am

Pakistan

Railways all set to launch ‘RABTA’

ISLAMABAD: Pakistan Railways is all set to launch the Railway Automated Booking and Travel Assistance (RABTA) in...

Published 13 Feb, 2023 06:23am

Business & Finance

Railways signs agreement with two Chinese companies

LAHORE: In order to facilitate passengers the Pakistan Railways signed an agreement with two Chinese companies...

Published 07 Feb, 2023 06:07am

World

US targets Chinese firm for helping Russian group in Ukraine

WASHINGTON: The United States on Thursday imposed sanctions on a Chinese company for allegedly providing satellite...

Published 27 Jan, 2023 12:58am

Business & Finance

Pakistan currently developing five SEZs under CPEC, says SEZA chief

LAHORE: S M Naveed, Chairman Special Economic Zones Authority (SEZA) shared during a meeting held on Monday at his...

Published 27 Dec, 2022 06:07am

World

Germany ups reliance on Huawei for 5G despite security fears

BERLIN: Germany has become even more dependent on Huawei for its 5G radio access network equipment (RAN) than in its...

Published 17 Dec, 2022 05:58am

PM urges Chinese co to invest in renewable energy sector

ISLAMABAD: Prime Minister Shehbaz Sharif has invited China Construction Third Engineering Bureau to invest in...

Updated 03 Dec, 2022 09:55am

Opinion

Misconceived ML-1 railway project

During a meeting between Chinese President Xi Jinping and Prime Minister Shehbaz Sharif early this month, both sides...

Published 19 Nov, 2022 06:17am

Investment in solar, water, other projects: Leading Chinese firms accept PM’s offer

Shehbaz encourages them to invest in Pakistan’s alternative energy resources including the wind turbine power plants

Updated 03 Nov, 2022 09:58am

Business & Finance

6th Pakistan Industrial Expo: Chinese, Pakistan cos reach $39.8m intent orders

LAHORE: Chinese and Pakistan companies during the 6th Pakistan Industrial Expo reached intention orders worth US ...

Updated 26 Oct, 2022 12:37pm

Business & Finance

China ADRs tumble as Xi’s new team sparks worries over economy’s path

BEIJING: US-listed shares of Chinese companies slumped on Monday after President Xi Jinping’s new leadership team...

Published 25 Oct, 2022 05:51am

Technology

US to curb more tech exports to keep chips from China military

WASHINGTON: The United States is expected to announce this week new measures restricting Chinese companies from...

Published 04 Oct, 2022 01:07am

FBR working on new tax incentives for Chinese cos

ISLAMABAD: The Federal Board of Revenue (FBR) is working on new tax incentives for Chinese companies including...

Updated 02 Oct, 2022 10:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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