Trends - economic crisis - Business Recorder

economic crisis

One month after fall of Kabul, economic crisis stalks Taliban

A month after seizing Kabul, the Taliban face daunting problems as they seek to convert their lightning military...

Updated 15 Sep, 2021 12:21pm

World

Venezuelan government and opposition talks open in Mexico City

MEXICO CITY: Representatives of the Venezuelan government and the opposition began a round of talks on Friday in...

Published 15 Aug, 2021 04:47am

Markets

Lebanese queue for cooking gas amid economic crisis

BEIRUT: Lebanese lined up in long queues Tuesday to stock up on cooking gas following warnings of imminent ...

Published 11 Aug, 2021 04:27am

World

Raisi takes over as Iran’s new president

TEHRAN: Ebrahim Raisi was Tuesday inaugurated as president of Iran, a country whose hopes of shaking off a dire...

Published 04 Aug, 2021 04:14am

World

Lebanon can't handle next Covid wave: hospital chief

BEIRUT: Lebanon's deepening economic crisis has piled pressure on hospitals, leaving them ill-equipped to face any...

Updated 25 Jul, 2021 06:00am

BR Research

An interview with Asad Umar, Federal Minister for Planning, Development, & Special Initiatives

“PTI will not leave behind an economic crisis on external front” Asad Umar may recently be most known for his...

Published 09 Jul, 2021 07:52am

Markets

Lebanon currency hits new low

The pound was selling for 15,400 to 15,500 to the greenback on the black market, several money changers said.

Published 14 Jun, 2021 03:57pm

Pakistan

Govt in comfortable position after overcoming economic crisis : Pervez Khattak

He said the government would not face any problem in the passage of budget from the parliament. Pervez Khattak said that budget would give maximum relief to poor people with more focus on development projects.

Published 30 May, 2021 11:28pm

Business & Finance

Turkmenistan begins capital expansion despite economic crisis

In recent weeks, black market prices for the dollar in local currency have exceeded the official rate of 3.5 manats to the dollar by a factor of eight or nine.

Published 26 May, 2021 10:05am

Pakistan

Nation urged to steer country out of economic crisis

KARACHI: Patron in Chief of United Business Group (UBG) S.M Muneer has said that as a nation we need to rise above...

Published 16 May, 2021 04:26am

World

More than 500 Venezuelan healthcare workers have died during pandemic: NGO

President Nicolas Maduro's administration has reported 192,498 cases of the coronavirus with 2,065 deaths thus far.

Published 27 Apr, 2021 10:21am

Lebanon launches first electric car despite crisis

BEIRUT: A Lebanon-made electric car made its debut Saturday, the first time the Mediterranean country has...

Published 25 Apr, 2021 03:13am

World

Syria names new central bank chief

DAMASCUS: President Bashar al-Assad appointed a new central bank chief on Tuesday, a week after the former governor...

Updated 21 Apr, 2021 10:08am

World

US's Yellen urges major economies to deploy 'significant' new spending

"I urge major economies to not just avoid removing support too early, but to strive to provide significant amounts of new fiscal support to secure a robust recovery," she said.

Published 08 Apr, 2021 07:50pm

World

Lebanon crisis robs pensioners of cash cushions

Private sector workers are also feeling the pinch, including Sara and Fouad Ammar who used to get a combined pension of around $6,000.

Published 29 Mar, 2021 04:54pm

World

Lebanese mothers march against ruling class

BEIRUT: Around one hundred women demonstrated in crisis-hit Lebanon on Saturday on the eve of Mother’s Day in the...

Published 21 Mar, 2021 04:05am

Business & Finance

Freefalling Lebanon currency hits new low

BEIRUT: Lebanon’s currency hit a new low against the dollar on the black market Tuesday, continuing its freefall ...

Updated 17 Mar, 2021 10:34am

World

Lebanese block roads in protest

BEIRUT: Lebanese protesters blocked key roads with burning barricades Monday in rage at the country’s political...

Published 09 Mar, 2021 05:45am

Business & Finance

Sudan devalues currency to meet key condition for debt relief

KHARTOUM: Sudan’s central bank sharply devalued the currency on Sunday, announcing a new regime to “unify”...

Updated 22 Feb, 2021 09:57am

Business & Finance

Sudan shifts to managed currency float amid economic crisis

Closing the yawning gap between the official and black market exchange rates is central to a reform programme agreed with the International Monetary Fund last year.

Published 21 Feb, 2021 05:19pm

Opinion

Biden facing ‘competing crises’ as he takes office

A raging pandemic. An economic crisis. A nation divided. Deep racial wounds. Joe Biden has his work cut out for him...

Published 20 Jan, 2021 04:29am

Pakistan

Govt inherited inflation, precarious economic crisis: Hafeez Sheikh

He said the government had to take very unpopular decision of not giving any raise in salaries to the employees.

Published 18 Jan, 2021 11:29pm

World

Tunisian PM appoints new ministers in sweeping cabinet reshuffle

TUNIS: Tunisian Prime Minister Hichem Mechichi named 12 new ministers on Saturday in a cabinet reshuffle he hopes...

Updated 17 Jan, 2021 09:39am

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Sep 21 First IBL Modaraba(FIBLM)	5.29 ▲ 0.84 (18.88%)
Ruby Tex. / Sep 21 Ruby Textile Mills Limited(RUBY)	7.73 ▲ 0.83 (12.03%)
Pak. P.V.C. / Sep 21 Pakistan PVC Limited(PPVC)	7.80 ▲ 0.64 (8.94%)
S.G. Power Ltd. / Sep 21 S.G. Power Limited(SGPL)	3.99 ▲ 0.28 (7.55%)
Macter Int. Ltd. / Sep 21 Macter International Limited(MACTER)	154.09 ▲ 10.75 (7.50%)
AL-Noor Sugar / Sep 21 Al-Noor Sugar Mills Limited(ALNRS)	71.48 ▲ 4.98 (7.49%)
Al-Mali / Sep 21 Modaraba Al-Mali(MODAM)	24.39 ▲ 1.70 (7.49%)
Friends Sp. / Sep 21 Friends Spinning Mills Limited(FRSM)	49.84 ▲ 3.47 (7.48%)
AKD Hospitality / Sep 21 AKD Hospitality Limited(AKDHL)	423.00 ▲ 29.42 (7.47%)
Azgard Nine / Sep 21 Azgard Nine Limited(ANL)	24.19 ▲ 1.68 (7.46%)

Stock	Price
Husein Sugar (R) / Sep 21 Husein Sugar Mills Limited (R)(HSMR3)	0.45 ▲ -1.00 (-68.97%)
SME Leasing Ltd. / Sep 21 SME Leasing Limited(SLL)	3.02 ▲ -0.67 (-18.16%)
Cyan Ltd / Sep 21 Cyan Limited(CYAN)	42.00 ▲ -8.59 (-16.98%)
Grays Leas. / Sep 21 Grays Leasing Limited(GRYL)	3.61 ▲ -0.64 (-15.06%)
Bal. Wheel / Sep 21 Baluchistan Wheels Limited(BWHL)	80.00 ▲ -9.64 (-10.75%)
B. F. Mod. / Sep 21 B.F. Modaraba(BFMOD)	8.78 ▲ -1.00 (-10.22%)
Orient Rental Mod / Sep 21 Orient Rental Modaraba(ORM)	7.20 ▲ -0.80 (-10.00%)
Shaheen Ins. / Sep 21 Shaheen Insurance Company Limited(SHNI)	3.65 ▲ -0.35 (-8.75%)
Quetta Textile / Sep 21 Quetta Textile Mills Limited(QUET)	10.73 ▲ -1.00 (-8.53%)
Bilal Fibres / Sep 21 Bilal Fibres Limited(BILF)	4.15 ▲ -0.35 (-7.78%)

Stock	Volume
Telecard Ltd. / Sep 21 Telecard Limited(TELE)	28,032,500 ▼ 0.00
Worldcall / Sep 21 Worldcall Telecom Limited(WTL)	26,365,000 ▼ 0.00
TPL Corp / Sep 21 TPL Corp Limited(TPL)	21,220,000 ▼ 0.00
Byco Petroleum / Sep 21 Byco Petroleum Pakistan Limited(BYCO)	17,866,000 ▼ 0.00
TRG Pakistan / Sep 21 TRG Pakistan Limited(TRG)	11,914,716 ▼ 0.00
Bank Alfalah / Sep 21 Bank Alfalah Limited(BAFL)	11,734,929 ▼ 0.00
Azgard Nine / Sep 21 Azgard Nine Limited(ANL)	10,789,000 ▼ 0.00
Bank of Punjab / Sep 21 The Bank of Punjab(BOP)	9,709,500 ▼ 0.00
Ghani Global Hold. / Sep 21 Ghani Global Holdings Limited(GGL)	9,205,500 ▼ 0.00
K-Electric Ltd / Sep 21 K-Electric Limited(KEL)	8,233,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	168.80
USD PKR Interbank Buying / Sep 20	168.70
USD to Japanese Yen / Sep 20	109.41
USD to Swiss Franc / Sep 20	0.93
Pound Sterling to USD / Sep 20	1.37
Euro to USD / Sep 20	1.17
UK LIBOR % / Sep 20	0.07

Stock	Volume
S&P 500 / Sep 20	4357.73
India Sensex / Sep 20	59490.93
Tokyo Nikkei / Sep 20	30500.05
Nasdaq / Sep 20	14713.90
Hang Seng / Sep 20	24099.14
FTSE 100 / Sep 20	6903.91
Dow Jones / Sep 20	33970.47
Germany DAX 30 / Sep 20	15132.06
France CAC40 / Sep 20	6455.81