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Chinese economy

China’s Nov industrial profits narrow decline but demand remains soft

BEIJING: China’s industrial profits fell at a slower clip in November, official data showed on Friday, offering some...

Published 27 Dec, 2024 08:34am

Markets

Oil slips on easing Middle East supply concerns

LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend...

Updated 16 Apr, 2024 07:25pm

Business & Finance

OECD sees long-term growth prospects almost halving in major economies

PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,...

Published 15 Dec, 2023 03:12am

Markets

China stocks lower as investors await more measures

HONG KONG: China stocks slid and Hong Kong shares were little changed on Wednesday as market participants awaited...

Published 23 Nov, 2023 03:19am

Business & Finance

Oil prices hit 4-month low on concerns about US, Chinese economy

NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about...

Published 17 Nov, 2023 06:06am

Business & Finance

IEA says China oil demand key factor in energy transition

PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for...

Published 25 Oct, 2023 06:19am

Business & Finance

Japan’s weak machinery orders, other batch of soft data raise BOJ challenge

TOKYO: Japan’s core machinery orders fell more than expected in July, as manufacturers balk at new investments in...

Published 14 Sep, 2023 09:56am

Markets

Fossil fuel demand to peak this decade: IEA chief tells FT

PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner...

Published 12 Sep, 2023 02:13pm

Markets

Japanese rubber futures decline

SINGAPORE: Japanese rubber futures dipped on Thursday after a six-day winning streak, dragged lower by a sluggish...

Published 08 Sep, 2023 06:01am

Markets

Oil edges up on prospect of extended OPEC+ supply cuts

NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation...

Updated 04 Sep, 2023 09:09pm

Markets

Australia, NZ dollars face fourth weekly loss, threaten major support

SYDNEY: The Australian and New Zealand dollars were facing a fourth straight weekly loss on Friday as yield...

Published 11 Aug, 2023 10:34am

Business & Finance

US dollar dips

NEW YORK: The US dollar fell on Wednesday after data showed the Chinese economy slipped into deflation last month,...

Published 10 Aug, 2023 06:35am

Markets

Oil dips more than 1pc as Chinese GDP dents demand hopes

HOUSTON: Oil dropped by more than 1 percent on Monday after weaker than expected Chinese economic growth raised...

Published 18 Jul, 2023 05:51am

Business & Finance

OECD hikes growth outlook

PARIS: The global economic outlook has improved from a few months ago as the inflation shock eases but rising...

Published 18 Mar, 2023 06:14am

Business & Finance

South Korea’s president vows ‘export first’ policy as Dec exports fall

SEOUL: South Korea’s exports in December fell from a year earlier for the third consecutive month, data showed on...

Published 01 Jan, 2023 11:01am

Markets

Gasoil margins, premiums open the week down

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and cash premiums snapped a week-long gain, falling on the first...

Published 20 Dec, 2022 05:58am

Markets

European shares edge higher on defensive lift

PARIS: European shares hovered near two-month highs on Monday as signs of a slowing Chinese economy prompted...

Published 16 Aug, 2022 03:59am

Business & Finance

Xi calls for stronger fintech oversight, security

BEIJING: A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and...

Published 24 Jun, 2022 06:15am

Markets

China stocks fall despite end of Shanghai lockdown

SHANGHAI: China stocks edged lower on Wednesday, as excitement fades about Shanghai coming out of lockdown amid...

Published 02 Jun, 2022 06:19am

Opinion

Emerging superpower and its bloc of nations!

During the Second World War, the US played a very pivotal role in its victory by financing the war efforts of many...

Published 25 May, 2022 04:40am

Markets

China stocks leap after State Council pledges support for economy, capital markets

SHANGHAI: Hong Kong stocks jumped 9% on Wednesday to mark their best day since 2008, after China’s top policymaker...

Published 17 Mar, 2022 04:53am

Editorials

Economic challenges: flawed approach?

EDITORIAL: Jake Sullivan, the United States National Security Advisor, warned Beijing that it would “absolutely”...

Published 15 Mar, 2022 05:43am

Slow pace of economic uplift a source of concern: SBP

KARACHI: The State Bank of Pakistan (SBP) Wednesday said that the slow pace of economic development in Pakistan is a...

Updated 25 Nov, 2021 11:20am

Markets

Copper rebounds from lowest in a month

LONDON: Copper prices bounced on Thursday, breaking a string of three sessions of losses, as buoyant US data fuelled...

Published 19 Nov, 2021 04:35am

Business & Finance

Chinese developer Fantasia fails to make debt payments

BEIJING: Another Chinese homebuilder has hit financial trouble after it missed payments on debt obligations, adding...

Published 05 Oct, 2021 09:38am

Markets

South African rand slumps as China fears weigh on mood, stocks rise

JOHANNESBURG: South Africa's rand slumped on Monday, tracking a broader decline in emerging market currencies on...

Published 04 Oct, 2021 11:22pm

Business & Finance

China’s factory output, retail sales miss expectations

BEIJING: Growth in China’s factory output slowed for a third straight month in May, likely weighed down by...

Published 17 Jun, 2021 03:27am

Business & Finance

China's factory activity grows at slightly slower pace

BEIJING: China's factory activity growth slowed slightly in May as raw materials costs grew at their fastest pace in...

Published 01 Jun, 2021 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.09
USD to Swiss Franc / Jun 17	0.82
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
India Sensex / Jun 17	81,583.30
Tokyo Nikkei / Jun 17	38,824.99
Nasdaq / Jun 17	19,521.09
Hang Seng / Jun 17	23,688.37
FTSE 100 / Jun 17	8,834.03
Dow Jones / Jun 17	42,215.80
Germany DAX 30 / Jun 17	23,434.65
France CAC40 / Jun 17	7,683.73

Item	Value
Crude Oil USD/Barrel / Jun 17	75.25
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Gold Spot USD/Ounce / Jun 17	3,392.01
Cotton US¢/pound / Jun 17	67.77
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Bunnys Limited / Jun 18 Bunnys Limited(BNL)	62.54 ▲ 5.69 (10.01%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Macter Int. Ltd / Jun 18 Macter International Limited(MACTER)	513.90 ▲ 46.72 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Data Agro / Jun 18 Data Agro Limited(DAAG)	111.31 ▲ 10.12 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)
Mughal Iron & Steel(C) / Jun 18 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	54.45 ▲ 4.95 (10%)
MACPAC Films / Jun 18 MACPAC Films Limited(MACFL)	29.49 ▲ 2.68 (10%)
Int. Knit. / Jun 18 International Knitwear Limited(INKL)	20.37 ▲ 1.85 (9.99%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.37 ▼ -0.51 (-13.14%)
Escorts Bank / Jun 18 Escorts Investment Bank Limited(ESBL)	5.51 ▼ -0.79 (-12.54%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.91 ▼ -0.4 (-12.08%)
Shaheen Ins. / Jun 18 Shaheen Insurance Company Limited(SHNI)	5.27 ▼ -0.71 (-11.87%)
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	7.85 ▼ -0.9 (-10.29%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Blue-Ex Ltd / Jun 18 Blue-Ex Limited (GEM)(GEMBLUEX)	59.85 ▼ -6.65 (-10%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
AN Textile Mills / Jun 18 AN Textile Mills Limited(ANTM)	15.88 ▼ -1.76 (-9.98%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	44,350,102 ▼ -0.06
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,867,419 ▼ -0.51
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	21,257,704 ▲ 0.01
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	14,919,155 ▲ 0.2
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	12,230,049 ▼ -0.4
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	11,183,402 ▲ 0.31
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	10,226,176 ▲ 0.55
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	8,305,658 ▲ 0.39
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	6,782,751 ▼ -0.25
Invest Bank / Jun 18 Invest Capital Investment Bank Limited(ICIBL)	6,718,255 ▼ -0.9

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