Trends - Standard Chartered - Business Recorder

Standard Chartered

UAE to start marketing first federal dollar bond this week

DUBAI: The United Arab Emirates government is expected to begin marketing its first bond as a federation as soon as...

Published 04 Oct, 2021 05:56am

Business & Finance

Bank of America cuts China growth forecast under Evergrande shadow

WASHINGTON: Bank of America cut its China growth forecast on Tuesday in response to intensifying troubles at ...

Published 22 Sep, 2021 03:48am

Pakistan

Standard Chartered joins GDF Patron Board

KARACHI: Standard Chartered announced it has joined the Global Digital Finance (GDF) Patron Board, a unique...

Published 09 Sep, 2021 03:56am

Markets

Dollar at one-week high as jobs test looms

The kiwi last bought $0.7048 and the Australian dollar bought $0.7387, slightly lower on the day

Published 06 Aug, 2021 02:01pm

Business & Finance

Global Focus Q3 2021: Standard Chartered sees growth to rebound to 5.8pc

KARACHI: Standard Chartered expects global growth to rebound to 5.8 percent in 2021 from -3.3 percent in 2020 as...

Published 28 Jul, 2021 04:45am

Markets

TP ICAP to launch crypto trading platform

LONDON: TP ICAP, the world's biggest interdealer broker, is launching a cryptocurrency trading platform with ...

Published 05 Jul, 2021 04:57am

Business & Finance

Bank of Ghana surprises with 100 basis point policy rate cut

"Risks to the inflation outlook remain muted in the near-term ...under these circumstances, the (Monetary Policy Committee) decided to lower the monetary policy rate by a hundred basis points," Addison said, adding that the bank will monitor inflationary pressure on rents and transport fares.

Published 31 May, 2021 07:19pm

Pakistan's WAPDA raises $500m in country's first green bond issuance

Offer oversubscribed by 4 times as eager investors help reduce yield to 7.5%

Updated 28 May, 2021 04:08am

Business & Finance

Abu Dhabi sells $2bn in bonds

DUBAI: Abu Dhabi sold $2 billion in seven-year bonds on Tuesday in its first foray into the international debt...

Published 26 May, 2021 03:45am

Wapda hires banks for green bonds

DUBAI: Pakistan Water and Power Development Authority has hired banks to arrange investor calls from Monday for...

Published 25 May, 2021 04:40am

Imran Ahad made HBFC MD

KARACHI: Imran Ahad has been appointed as Managing Director & Chief Executive Officer of House Building Finance...

Published 04 May, 2021 04:26am

Markets

European shares dip

AMSTERDAM/LONDON: European stocks ended lower on Thursday, even as bank shares hit 14-month highs on strong ...

Published 30 Apr, 2021 05:06am

Markets

FTSE 100 flat; Unilever rises

LONDON: London’s FTSE 100 closed flat on Thursday after hitting a one-week high hours earlier as a wave of ...

Published 30 Apr, 2021 05:06am

Asia consumer business: DBS, StanChart weigh bids as Citi retreats

SINGAPORE: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to...

Published 21 Apr, 2021 03:21am

Govt launches 3-tranche bond deal to raise $2.5bn

DUBAI: Pakistan launched a three-tranche bond deal on Tuesday to raise $2.5 billion comprising tranches of five, 10...

Published 31 Mar, 2021 05:42am

Markets

Pakistan gives initial guidance for three-tranche dollar bonds

Each tranche will be of benchmark size, which generally means at least $500 million.

Published 30 Mar, 2021 11:05am

Markets

Qatar's Ooredoo hires banks for dollar bond issue

A 10-year bond issuance will follow, subject to market conditions.

Published 29 Mar, 2021 10:46am

Pakistan hires banks for three-tranche dollar bond sale

DUBAI: Pakistan has hired a group of banks to arrange investor calls ahead of a triple-tranche sale of US...

Published 26 Mar, 2021 05:22am

Business & Finance

TSB chair Meddings steps down after bank sale shelved

"Following Sabadell's announcement last week that no sale process will be initiated in the near future and with TSB performing well, this is the right time for Richard to step down," TSB said on Wednesday.
Meddings will stay on while the board searches for a successor, TSB said.

Published 24 Mar, 2021 06:02pm

Business & Finance

Emirate of Sharjah expected to raise around $1bn via bonds

It tightened guidance to between 3.625% and 3.75% for the 12-year notes and 4.75% to 4.875% for the 30-year tranche, the document showed.
Initial price guidance was around 3.875% for the 12-year bonds and between 4.875% and 5% for the 30-year paper.

Published 03 Mar, 2021 07:40pm

Markets

Qatar plans investor meetings, may issue bonds after

Sources have previously said Qatar would only issue bonds this year to refinance maturing notes.
If somebody wants to give them money which is 30 basis points cheaper than last year, of course - I would think.

Published 01 Feb, 2021 09:03pm

Business & Finance

Daraz launches 'dMotors'

KARACHI: Given the changing consumer behaviour and an increasing number of customers moving online, Pakistan's...

Published 20 Jan, 2021 04:29am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 24 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 24 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 24 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 24 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 24 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 24 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 24 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 24 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 24 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 23	174.10
USD PKR Interbank Buying / Oct 23	174.00
USD to Japanese Yen / Oct 23	113.50
USD to Swiss Franc / Oct 23	0.92
Pound Sterling to USD / Oct 23	1.38
Euro to USD / Oct 23	1.16
UK LIBOR % / Oct 23	0.07

Stock	Volume
S&P 500 / Oct 23	4544.90
India Sensex / Oct 23	60821.62
Tokyo Nikkei / Oct 23	28804.85
Nasdaq / Oct 23	15090.20
Hang Seng / Oct 23	26126.93
FTSE 100 / Oct 23	7204.55
Dow Jones / Oct 23	35677.02
Germany DAX 30 / Oct 23	15542.98
France CAC40 / Oct 23	6733.69