Trends - Taiwan - Business Recorder

Taiwan

Taiwan records biggest economic contraction since 2009

TAIPEI: Taiwan’s economy shrank in the final quarter of 2022, the government said Wednesday, in the island’s worst...

Published 18 Jan, 2023 03:25pm

World

US-Japan warn against use of force or coercion anywhere in world

The United States and Japan on Friday reiterated the importance of peace and stability in Taiwan Strait and warned...

Published 14 Jan, 2023 01:27am

World

Biden to receive Japan’s PM Kishida on Jan. 13: White House

WASHINGTON: US President Joe Biden will host Japan’s Prime Minister Fumio Kishida on January 13, the White House...

Published 04 Jan, 2023 11:59am

Business & Finance

Taiwan’s TSMC begins mass production of 3nm chips

TAINAN: Taiwanese tech giant TSMC said Thursday it had started mass production of its 3-nanometre chips, among the...

Published 02 Jan, 2023 05:54am

World

China stages ‘strike drills’ around Taiwan, citing provocation

BEIJING: China’s military said it had conducted “strike drills” in the sea and airspace around Taiwan on ...

Published 26 Dec, 2022 06:59am

World

US lawmakers authorize $800 million more for Ukraine in defence bill

WASHINGTON: US lawmakers agreed to provide Ukraine at least $800 million in additional security assistance next year...

Published 07 Dec, 2022 11:01am

World

China’s Xi tells Biden: Taiwan issue is ‘first red line’ that must not be crossed

BEIJING: Chinese President Xi Jinping told U.S. President Joe Biden during their first in-person meeting since 2017...

Published 14 Nov, 2022 08:49pm

Markets

Asian currencies mixed in thin trading, Chinese yuan falls most

Asian currencies were mixed against a choppy US dollar in thin trading on Monday, with the Chinese yuan remaining...

Published 24 Oct, 2022 11:39am

Markets

Asian currencies mixed despite hot US CPI, shares rise

Most Asian currencies were mixed against a volatile dollar on Friday as investors digested a red-hot U.S inflation...

Published 14 Oct, 2022 10:45am

World

US announces sanctions for illegal oil transfers to North Korea

WASHINGTON: The United States on Friday slapped sanctions on three companies and two people based in the Marshall...

Published 07 Oct, 2022 06:48pm

Business & Finance

Asia’s factory activity weakens on global slowdown, cost pressures

TOKYO: Asia’s factory output mostly weakened in September as slowing demand in China and advanced economies added to...

Published 03 Oct, 2022 11:00am

China FM calls on Russia, Ukraine not to let war ‘spill over’

UNITED NATIONS: China on Saturday at the United Nations urged Russia and Ukraine not to let effects of their war...

Published 25 Sep, 2022 06:01am

World

Rattled Taiwan hit by more aftershocks

TAIPEI: Aftershocks struck southeastern Taiwan on Monday, including a 5.5-magnitude earthquake that was felt in the...

Published 19 Sep, 2022 10:54am

Strong earthquake hits southeastern Taiwan

TAIPEI: A 6.8 magnitude earthquake hit the sparsely populated southeastern part of Taiwan on Sunday, the island’s...

Published 19 Sep, 2022 05:45am

World

6.6-magnitude quake strikes off Taiwan’s east coast

TAIPEI: A 6.6-magnitude earthquake struck off the east coast of Taiwan on Saturday, the US Geological Survey...

Published 17 Sep, 2022 09:51pm

World

Shanghai Cooperation Organisation: Putin, Xi meet for high-stake talks

Will be joined by leaders of India, Pakistan, Turkey, Iran and several other countries for the meeting on Thursday and Friday

Updated 15 Sep, 2022 11:41am

Technology

Apple plans to use latest chip tech by Taiwan’s TSMC in iPhones, Macs

Apple Inc is planning to use an updated version of Taiwanese chipmaker TSMC’s latest chip producing technology in...

Published 14 Sep, 2022 11:35am

World

‘Very strong’ Typhoon Muifa approaches Japan southern islands

TOKYO: Typhoon Muifa approached Japan’s southern islands on Sunday, prompting officials to issue a warning for...

Published 11 Sep, 2022 01:46pm

World

French lawmakers visit Taiwan

TAIPEI: A group of French lawmakers landed in Taiwan on Wednesday, the first high-level European delegation since...

Published 08 Sep, 2022 06:45am

US approves $1.1 billion in arms for Taiwan, angering China

WASHINGTON: The United States on Friday announced a $1.1 billion arms package for Taiwan, vowing to keep boosting ...

Updated 04 Sep, 2022 09:10am

World

North Korea fires two cruise missiles from west coast town of Onchon

SEOUL: North Korea fired two cruise missiles from the west coast town of Onchon early on Wednesday, a South Korean...

Published 17 Aug, 2022 10:54am

World

Putin lashes out at US over Ukraine, Taiwan

MOSCOW: Russian President Vladimir Putin on Tuesday accused Washington of seeking to prolong the conflict in Ukraine...

Published 16 Aug, 2022 05:28pm

World

Chinese ship docks in Sri Lanka amid India, US concerns

HAMBANTOTA: A Chinese research vessel docked at Sri Lanka’s Chinese-run southern port of Hambantota on Tuesday...

Published 16 Aug, 2022 11:37am

World

German fighter jets en route to Australia as Berlin shifts focus to Indo-Pacific

BERLIN: Germany is sending 13 military aircraft to joint exercises in Australia, the air force’s largest peacetime...

Published 16 Aug, 2022 03:59am

India sticks to ‘one-China’ policy stance

NEW DELHI: India said on Friday it opposed any unilateral change to the status quo over Taiwan but that its stance ...

Published 13 Aug, 2022 05:21am

World

Shake-up fails to lift support for Japan’s cabinet amid questions over church

TOKYO: Japanese Prime Minister Fumio Kishida’s cabinet reshuffle appears to have done little to ease voter concerns...

Published 12 Aug, 2022 11:40am

World

Biden ‘concerned’ as China holds new Taiwan military drills

DOVER AIR FORCE BASE: US President Joe Biden voiced his concern Monday over China’s extension of military drills...

Published 08 Aug, 2022 08:05pm

Opinion

Frozen US-China cooperation presents new hitch for global warming

Beijing is freezing its cooperation with Washington on global warming, but experts are hoping that, for the sake of...

Published 07 Aug, 2022 05:41am

World

Blinken commits US to defending Philippines against armed attacks

MANILA: Secretary of State Antony Blinken assured the Philippines on Saturday that the United States would come to...

Updated 06 Aug, 2022 10:54pm

Editorials

Pelosi’s Taiwan visit: ‘egregious provocation’

EDITORIAL: Defying President Joe Biden’s advice and provoking President Xi Jinping’s stark warning, the US House...

Published 06 Aug, 2022 04:02am

Gainers
Losers
Leaders

Stock	Price
Data Textile / Jan 31 Data Textiles Limited(DATM)	6.08 ▲ 1.00 (19.69%)
Sindh Modaraba / Jan 31 Sindh Modaraba(SINDM)	7 ▲ 1.00 (16.67%)
Service Textile / Jan 31 Service Industries Textiles Limited(SERT)	7.61 ▲ 1.00 (15.13%)
P.I.A.C.(A) / Jan 31 Pakistan International Airlines Corp(PIAA)	3.70 ▲ 0.46 (14.20%)
Bawany Air Products / Jan 31 Bawany Air Products Limited(BAPL)	9.84 ▲ 1.00 (11.31%)
HBL Growth Fund / Jan 31 HBL Growth Fund(HGFA)	5.29 ▲ 0.49 (10.21%)
Abdullah Shah / Jan 31 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.90 ▲ 0.50 (9.26%)
Beco Steel Ltd / Jan 31 Beco Steel Limited(BECO)	9.38 ▲ 0.72 (8.31%)
Unicap Modaraba / Jan 31 Unicap Modaraba(UCAPM)	1.77 ▲ 0.13 (7.93%)
JS Global Cap. / Jan 31 JS Global Capital Limited(JSGCL)	258 ▲ 18.00 (7.50%)

Stock	Price
Hira Textile / Jan 31 Hira Textile Mills Limited(HIRAT)	1.72 ▲ -0.20 (-10.42%)
Dewan Sugar / Jan 31 Dewan Sugar Mills Limited(DWSM)	2.60 ▲ -0.28 (-9.72%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	9.50 ▲ -1.00 (-9.52%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	10.72 ▲ -0.89 (-7.67%)
Pak Paper Prod / Jan 31 Pakistan Paper Products Limited(PPP)	54.49 ▲ -4.41 (-7.49%)
Rafhan Maize / Jan 31 Rafhan Maize Products Company Limited(RMPL)	8325 ▲ -674.00 (-7.49%)
Shams Textile / Jan 31 Shams Textile Mills Limited(STML)	36.67 ▲ -2.97 (-7.49%)
J.K.Spinning / Jan 31 J.K. Spinning Mills Limited(JKSM)	46.25 ▲ -3.59 (-7.20%)
Sapphire Fibres / Jan 31 Sapphire Fibres Limited(SFL)	1065.01 ▲ -81.99 (-7.15%)
Pakgen Power / Jan 31 Pakgen Power Limited(PKGP)	28.51 ▲ -2.19 (-7.13%)

Stock	Volume
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	21,142,838 ▲ -0.04
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	13,426,966 ▲ -0.01
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	11,806,498 ▼ 0.00
Pak Petroleum / Jan 31 Pakistan Petroleum Limited(PPL)	9,980,387 ▼ 1.44
Engro Polymer / Jan 31 Engro Polymer & Chemicals Limited(EPCL)	6,695,317 ▲ -0.32
Maple Leaf Cement / Jan 31 Maple Leaf Cement Factory Limited(MLCF)	6,559,467 ▼ 0.62
Oil & Gas Dev. / Jan 31 Oil & Gas Development Company Limited(OGDC)	5,019,786 ▼ 1.67
Fauji Cement / Jan 31 Fauji Cement Company Limited(FCCL)	4,779,500 ▼ 0.43
Hub Power Co. / Jan 31 The Hub Power Company Limited(HUBC)	4,597,709 ▼ 2.25
TPL Properties / Jan 31 TPL Properties Limited(TPLP)	4,361,468 ▼ 0.17

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	270
USD PKR Interbank Buying / Jan 31	268
USD to Japanese Yen / Jan 31	130.28
USD to Swiss Franc / Jan 31	0.93
Pound Sterling to USD / Jan 31	1.23
Euro to USD / Jan 31	1.08
UK LIBOR % / Jan 30	4.30

Stock	Volume
S&P 500 / Jan 30	4017.77
Nasdaq / Jan 30	11393.82
Dow Jones / Jan 30	33717.09
India Sensex / Jan 31	59549.90
Tokyo Nikkei / Jan 31	27327.11
Hang Seng / Jan 31	21842.33
FTSE 100 / Jan 31	7771.61
Germany DAX 30 / Jan 31	15085.41
France CAC40 / Jan 31	7071.43

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	20735
Gold 10 Grams PKR / Jan 30	180470
Crude Oil USD/Barrel / Jan 31	77.58
Gold Spot USD/Ounce / Jan 31	1919.80
Cotton US¢/pound / Jan 31	85.72

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