News stories for Reuters - Business Recorder

Reuters

Life & Style

‘Chai and samosas’: US hotels welcome Indian tourist boom to revive revenue

US hotels and travel companies are aiming to tap a surge in Indian tourists to boost revenue as domestic leisure...

Published 11 Dec, 2024 08:58pm

Technology

Google puts AI agents at the center of Gemini update

SAN FRANCISCO: Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model...

Published 11 Dec, 2024 08:49pm

Markets

Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say

China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher...

Published 11 Dec, 2024 08:32pm

Markets

OPEC again cuts 2024, 2025 oil demand growth forecasts

LONDON: OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in...

Published 11 Dec, 2024 06:55pm

World

Powerful blast rocks residential high-rise in southern China, kills one person

BEIJING: A powerful blast rocked a residential high-rise building in an affluent district of the southern Chinese...

Published 11 Dec, 2024 06:23pm

World

Two US lawmakers push for some Syria sanctions relief after Assad’s fall

DAMASCUS: Two US congressmen have urged senior American officials to suspend some sanctions on Syria to ease...

Published 11 Dec, 2024 05:42pm

World

Blinken to testify in Congress on Afghanistan weeks before his term ends

WASHINGTON: Secretary of State Antony Blinken will testify to a Republican-led House of Representatives committee on...

Published 11 Dec, 2024 05:37pm

Markets

FTSE 100 slides to two-week low ahead of US inflation print

The UK’s benchmark FTSE 100 fell to a two-week low on Wednesday, with Ashtead extending declines, while investors...

Published 11 Dec, 2024 03:42pm

Life & Style

Syrians taste freedom at famous Damascus ice cream parlour

DAMASCUS: After racing from Lebanon to Syria to celebrate the fall of the Assad regime and making arrangements for...

Published 11 Dec, 2024 03:12pm

Markets

European shares weighed down by disappointing corporate updates

European stocks eased further from multi-week highs on Wednesday after a series of downbeat corporate updates and as...

Published 11 Dec, 2024 01:45pm

Markets

Most Gulf markets gain ahead of US inflation report

Most stock markets in the Gulf region edged higher in early trade on Thursday as investors awaited U.S. inflation...

Published 11 Dec, 2024 01:43pm

Markets

Palm ends lower on profit-booking and tracking Dalian palm

JAKARTA: Malaysian palm oil futures extended loss on Wednesday, as traders booked profits following early gains that...

Updated 11 Dec, 2024 03:37pm

Markets

South African rand weaker before local, US inflation data

JOHANNESBURG: South Africa’s rand weakened early on Wednesday ahead of domestic and U.S. inflation readings which...

Published 11 Dec, 2024 12:55pm

Sports

Poor form affecting Rohit’s captaincy, say former India teammates

NEW DELHI: India skipper Rohit Sharma’s woeful batting form is affecting his captaincy in Australia, according to...

Published 11 Dec, 2024 12:52pm

World

Israeli airstrikes kill at least 31 Palestinians in Gaza

CAIRO: Israeli strikes in the northern and central Gaza Strip on Wednesday killed at least 31 Palestinians, most of...

Published 11 Dec, 2024 12:48pm

Markets

Australian shares follow Wall Street lower ahead of US inflation data

Australian shares ended lower on Wednesday, tracking losses on Wall Street, ahead of crucial U.S. inflation figures...

Published 11 Dec, 2024 12:15pm

Markets

South Korean stocks close higher for second session

KOSPI closed up 24.67 points, or 1.02%, at 2,442.51

Published 11 Dec, 2024 12:06pm

Markets

Australian dollar struggles, bonds trim gains as jobs report looms

SYDNEY: The Australian dollar languished near a four-month low on Wednesday while bonds retreated from their...

Published 11 Dec, 2024 11:48am

Markets

Japan rubber futures range-bound as traders weigh weak demand, China stimulus hopes

SINGAPORE: Japanese rubber futures traded within a narrow range on Wednesday, as investors weighed soft demand...

Published 11 Dec, 2024 11:43am

Markets

Dalian iron ore retreats as Beijing stimulus optimism fades

SINGAPORE: Dalian iron ore futures prices retreated on Wednesday but hovered near two-month highs, as investors...

Published 11 Dec, 2024 11:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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