Trends - G7 - Business Recorder

G7

G7 ministers call on China to press Russia to stop aggression in Ukraine

TOKYO: The Group of Seven (G7) on Tuesday called on China to press Russia to stop its aggression in Ukraine after...

Published 19 Sep, 2023 10:28am

World

G7 finance chiefs to discuss Ukraine aid, debt and tax

GANDHINAGAR: G7 finance chiefs are set to discuss Sunday aid to war-stricken Ukraine, debt distress faced by...

Published 16 Jul, 2023 11:15am

Markets

Japan Finance Minister Suzuki: arranging G7 meet on sidelines of G20

TOKYO: Japan is arranging to hold a meeting of financial leaders from the Group of Seven (G7) advanced countries on...

Published 11 Jul, 2023 11:47am

Markets

Prices of Russia ESPO crude for China jump to 7-month high

SINGAPORE: Prices of Russia’s ESPO Blend crude oil shipped to China have surged to a seven-month high as buyers...

Published 06 Jul, 2023 05:42am

World

Brazil's Lula turns down Putin invitation to visit Russia

BRASÍLIA: Brazil President Luiz Inacio Lula da Silva on Friday declined an invitation to travel to Saint Petersburg...

Published 26 May, 2023 10:50pm

Opinion

Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism

The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for...

Updated 26 May, 2023 07:12am

World

Biden and McCarthy to meet on Monday as debt talks resume

WASHINGTON: U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit...

Published 21 May, 2023 11:09pm

G7 communique: Enraged China voices ‘strong dissatisfaction’

BEIJING: China on Saturday expressed “strong dissatisfaction” with a communique issued by G7 leaders that took aim...

Updated 21 May, 2023 09:28am

Commitment to highly decarbonised road sector by 2030 reaffirmed

HIROSHIMA: The Group of Seven (G7) nations on Saturday reaffirmed their commitment to a highly decarbonized road...

Updated 21 May, 2023 09:33am

World

G7 wants 'stable' China relations, warns on 'militarisation'

HIROSHIMA: G7 leaders on Saturday warned China over its “militarisation activities” in the Asia-Pacific region but...

Updated 20 May, 2023 04:47pm

World

G7 calls for adoption of international technical standards for AI

TOKYO: Leaders of the Group of Seven (G7) nations on Saturday called for the development and adoption of...

Published 20 May, 2023 01:17pm

World

Zelenskiy joins G7 in Japan as democracies take aim at Russia and China

HIROSHIMA: Ukraine’s Volodymyr Zelenskiy arrived in Japan on Saturday to attend the Group of Seven (G7) summit,...

Published 20 May, 2023 01:14pm

World

G7 to agree tools to counter Chinese economic ‘coercion’

HIROSHIMA: The G7 will agree Saturday on a “common set of tools” to combat economic “coercion” and limit the risk...

Published 20 May, 2023 11:38am

World

White House says G7 will align on shared ‘de-risk, not decouple’ approach to China

HIROSHIMA: The Group of Seven (G7) rich nations will issue a statement on a shared approach on China, White House...

Published 20 May, 2023 11:08am

World

White House: Biden to discuss Ukraine with Brazil’s Lula, India’s Modi

HIROSHIMA: U.S. President Joe Biden aims to speak this weekend with Brazil’s President Luiz Inacio Lula da Silva and...

Published 20 May, 2023 10:56am

World

G7 aims to rein in risks from China, awaits Zelenskiy

HIROSHIMA: Leaders from the Group of Seven (G7) nations will outline steps on Saturday aimed at reducing risks from...

Published 20 May, 2023 10:37am

World

G7 agrees new sanctions to ‘starve Russia’s war machine’

HIROSHIMA: Leaders from the Group of Seven nations agreed new sanctions on Friday that they said would “starve...

Published 19 May, 2023 05:34pm

Opinion

Pakistan’s place in a changing world

It’s a shame that Pakistan is going down the gutter just when a changing, increasingly multipolar world is...

Published 18 May, 2023 06:10am

World

Biden, facing debt ceiling debate, could skip Australia part of Asia trip

WASHINGTON: President Joe Biden may skip a visit to Australia on an upcoming Asia trip due to the unfolding debate ...

Published 16 May, 2023 11:56pm

World

UK’s Hunt says ‘absolutely devastating’ if US failed to raise debt ceiling

NIIGATA: British finance minister Jeremy Hunt said on Saturday it would be “absolutely devastating” if the United...

Published 13 May, 2023 01:03pm

World

G7 agreed global financial system resilient but needs vigilance, Japan Finance ministers says

NIIGATA: Finance ministers and central banks from the Group of Seven rich nations agreed the global financial system...

Published 13 May, 2023 12:49pm

Business & Finance

G7 to vow diversifying of supply chains, filling bank regulatory gaps

Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme to...

Published 13 May, 2023 10:22am

World

G7 plans new vaccine program for developing nations

TOKYO: The Group of Seven (G7) rich nations is set to agree on establishing a new program to distribute vaccines to...

Published 13 May, 2023 10:11am

World

G7 finance chiefs warn of global uncertainty as US debt crisis looms

NIIGATA: Finance leaders of the Group of Seven (G7) rich nations warned of heightening global economic uncertainty...

Published 13 May, 2023 10:06am

Business & Finance

BOJ’s Ueda tells G7 that Japan is keeping ultra-easy policy

NIIGATA: Bank of Japan Governor Kazuo Ueda said on Saturday he explained to his Group of Seven (G7) counterparts...

Published 13 May, 2023 09:49am

World

Yellen warns US default would threaten global economy, undermine US leadership

NIIGATA: US Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt...

Published 11 May, 2023 01:40pm

World

Yellen says G7 members looking at how to counter China’s ‘economic coercion’

NIIGATA: US Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies...

Published 11 May, 2023 01:12pm

World

US debt ‘brinkmanship’ risks serious costs: Yellen

NIIGATA, JAPAN: Political brinkmanship over raising the US debt ceiling risks “serious economic costs” even without...

Published 11 May, 2023 11:06am

World

US debt standoff overshadows G7 finance leaders’ meeting

NIIGATA: A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders...

Published 11 May, 2023 10:26am

World

Yellen to travel to Japan for G7 finance ministers meeting

WASHINGTON: U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group...

Published 03 May, 2023 05:59pm

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Dewan Sugar / Oct 3 Dewan Sugar Mills Limited(DWSM)	2 ▲ 0.14 (7.53%)
Engro Powergen / Oct 3 Engro Powergen Qadirpur Limited(EPQL)	25.02 ▲ 1.75 (7.52%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)

Stock	Price
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.60 ▼ -0.19 (-10.61%)
Pak Gulf Leasing / Oct 3 Pak-Gulf Leasing Company Limited(PGLC)	5.80 ▼ -0.55 (-8.66%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)
Mehmood Tex / Oct 3 Mehmood Textile Mills Limited(MEHT)	518 ▼ -42.00 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	58,071,022 ▲ 0.01
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	17,096,921 ▲ 0.15
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -0.86
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	8,113,891 ▼ -0.44
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.35
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	6,419,675 ▲ 0.21
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	5,810,746 ▲ 0.07
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.10
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	4,928,850 ▲ 0.18
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,861,294 ▲ 0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
India Sensex / Oct 2	65828.41
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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