Trends - coronavirus lockdowns

coronavirus lockdowns

Australia, NZ dollars toppled by China data shock

SYDNEY: The Australian and New Zealand dollars suffered a fresh setback on Monday when stunningly weak economic data...

Published 17 May, 2022 05:39am

Markets

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

NEW YORK: The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while...

Published 12 May, 2022 05:40am

Sports

Oscar’s Shanghai out of Asian Champions League after virus lockdown

KUALA LUMPUR: Brazilian star Oscar’s Shanghai Port have withdrawn from the Asian Champions League because of a tough...

Published 11 Apr, 2022 12:41pm

World

UK PM Johnson must address culture that led to lockdown parties: Conservative chairman

LONDON: The British Conservative Party chairman rejected calls for Prime Minister Boris Johnson to resign but said ...

Published 17 Jan, 2022 07:06am

Business & Finance

New Zealand dollar gets no lasting lift from super-strong GDP data

SYDNEY: The New Zealand dollar struggled on Thursday to get a lasting lift out of strong economic data, while the...

Published 17 Sep, 2021 03:52am

Opinion

‘Ghost kitchens’ boom in Asia as pandemic sparks huge demand

In an industrial unit on the outskirts of Taipei chefs are plating meals that will never be served in a restaurant:...

Published 16 Sep, 2021 04:02am

Business & Finance

Australia, NZ dollars find footing on path out of lockdowns

SYDNEY: The Australian and New Zealand dollars found some kind of footing on Thursday after three days of losses as...

Published 10 Sep, 2021 04:41am

Business & Finance

Diners and doctors help UK economy to extend recovery

LONDON: Britain's economy grew by a faster-than-expected 1.0% in June, the first full month of indoor service for...

Published 13 Aug, 2021 04:44am

World

Two Australian cities eye end of virus lockdowns

Around half of Australia's 25 million largely unvaccinated residents are currently under stay-at-home orders

Published 26 Jul, 2021 09:29am

Cure for summertime blues: Europe gears up for tourists

European tourism has had its worst time in living memory as coronavirus lockdowns, curfews and hotel and restaurant...

Published 01 Jul, 2021 04:10am

Business & Finance

China's factory prices soar in May but consumers avoid cost surge

Dong said Wednesday that "live pig production continued to recover and the pork supply continued to increase".

Published 09 Jun, 2021 11:19am

Markets

Asia gasoline refining margin lingers near a month’s low

SINGAPORE: Asia’s gasoline crack inched up on Tuesday, but still lingered close to its weakest level in a month,...

Published 28 Apr, 2021 03:18am

Business & Finance

European new car sales jump 87% y/y in March

Sales at Volkswagen and Stellantis to the EU, Britain and the countries of the European Free Trade Association (EFTA), rose by 46% and 140% respectively, while Renault reported a rise of 70%.

Published 16 Apr, 2021 11:01am

Markets

Middle East Crude-Dubai rises ahead of OPEC+ meeting

OPEC+ has lowered its 2021 oil demand growth forecast by 300,000 barrels per day.

Published 01 Apr, 2021 11:00am

Business & Finance

Stellantis to halt production at Italian car plant in April

Production at the plant, where the world's fourth largest automaker makes Jeep Renegade and Compass models and the Fiat 500X compact SUV, has been repeatedly disrupted due to weak demand and semiconductor supply shortages.
The FIM CISL union said last week the firm was considering permanently closing one of its two production lines at the Melfi plant to address excess capacity in Italy.

Published 29 Mar, 2021 07:09pm

Markets

Dollar holds gains on economic cheer, euro bounces but risks further decline

The Australian and New Zealand dollars rebounded from sharp losses earlier in the week.

Published 26 Mar, 2021 11:12am

Markets

Copper falls on Europe coronavirus lockdowns, firmer dollar

Escalating tensions between China and the West, as well as potential US tax hikes also hit sentiment and led to investors buying into safe-haven dollar.

Published 24 Mar, 2021 12:51pm

Markets

Australia, NZ dollars swept lower as markets re-think rate outlooks

However, the conservative government has often ruled out any changes to taxes for investment in housing and is unlikely to follow New Zealand's example.

Published 24 Mar, 2021 12:00pm

Markets

Brazil real up on hawkish Copom minutes, EM peers hit by strong dollar

Stocks in Sao Paulo, however, fell as airline shares came under pressure again. Shares in Azul SA and Gol Linhas Aereas Inteligentes SA fell 5% and 3% respectively.

Published 24 Mar, 2021 11:37am

Business & Finance

Czech rate setters bide time before hitting start on rate hikes

"I still perceive greater risk that we start a premature tightening of monetary policy," board member Tomas Holub told daily Hospodarske Noviny in an interview released on Tuesday.
"For me, that is a greater risk than if we 'sleep in' a little versus what may perhaps seem as optimal looking back a year later."

Updated 16 Mar, 2021 10:02pm

Business & Finance

Adidas pushes online sales and sustainability in five-year plan

Adidas forecasts 2021 sales growth rate in mid-to-high teens.
Aims to double online sales by 2025.
Will take 200 mln euro hit from Reebok costs.
Shares up 3%.

Published 10 Mar, 2021 08:47pm

Business & Finance

Japan's Toyota, Honda can likely cope with global chip shortage: Fitch

"We believe the shortage should ease or even be resolved in the second half of 2021 as suppliers boost production for automotive clients," Fitch said.

Published 18 Feb, 2021 11:34am

World

Air pollution caused 160,000 deaths in big cities last year: NGO

Scientists say that massive drops in some pollutants due to lockdowns are bound to have prevented deaths.

Published 18 Feb, 2021 10:13am

Business & Finance

Lockdown living helps PepsiCo through pandemic, vaccine paves path to growth

Pepsi said its fourth-quarter revenue rose 8.8% to $22.46 billion, topping Wall Street estimates.
The increase in demand had last year led the company to launch a direct-to-consumer website that offered special flavors and specialized bundles of its top selling products.

Published 11 Feb, 2021 05:30pm

Business & Finance

Nintendo 9-month net profit nearly doubles, forecasts revised up

Full-year sales now are projected at 1.6 trillion yen, compared with 1.4 trillion yen forecast in November.

Published 01 Feb, 2021 02:14pm

Markets

Oil extends gains on hopes of US stimulus and crude stocks drawdown

Germany on Tuesday extended a lockdown for most shops and schools for another two weeks, to Feb. 14.

Published 20 Jan, 2021 12:12pm

Markets

IEA trims 2021 oil demand forecast

Oil prices have risen in recent weeks on hopes the global economy will get back on track later this year.

Published 19 Jan, 2021 03:03pm

Business & Finance

Indonesia's Dec exports, imports beat f'casts, 2020 trade surplus highest in 9 years

Asked whether the momentum for trade recovery could continue, the statistics bureau chief Suhariyanto said fresh coronavirus lockdowns could affect shipments, although the roll out of vaccines would be positive for trade.

Published 15 Jan, 2021 10:44am

World

Australia job vacancies recover from pandemic shock to hit record

Vacancies in the private sector climbed 24.2%, from the August quarter, while the public sector saw a rise of almost 17%.

Published 13 Jan, 2021 11:00am

Business & Finance

Saudi Aramco cuts Feb crude supply to some Asian refiners, sources say

Most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns.

Published 13 Jan, 2021 09:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.57
USD PKR Interbank Buying / Jun 10	278.37
USD to Japanese Yen / Jun 10	157.01
USD to Swiss Franc / Jun 10	0.90
Pound Sterling to USD / Jun 10	1.27
Euro to USD / Jun 10	1.08

Stock	Volume
S&P 500 / Jun 10	5360.79
India Sensex / Jun 10	76490.08
Tokyo Nikkei / Jun 10	38038.16
Nasdaq / Jun 10	17193.59
Hang Seng / Jun 10	18366.95
FTSE 100 / Jun 10	8228.48
Dow Jones / Jun 10	38868.04
Germany DAX 30 / Jun 10	18494.89

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Petrol/Litre / Jun 10	268.36
Crude Oil USD/Barrel / Jun 10	77.74
Gold 10 Grams PKR / Jun 10	205247
Gold Spot USD/Ounce / Jun 10	2327
Diesel/Litre / Jun 10	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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coronavirus lockdowns

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