News stories for Reuters - Business Recorder

Reuters

Markets

Rise in US bond yields, oil companies’ dollar bids push Indian rupee to record low

MUMBAI: The Indian rupee dropped to its lifetime low on Tuesday, hurt by persistent dollar demand from importers,...

Published 24 Dec, 2024 11:02am

Sports

India skipper Rohit backs Kohli to find fix for off-stump woes

MELBOURNE: India captain Rohit Sharma has backed Virat Kohli to overcome his problems with deliveries outside the...

Published 24 Dec, 2024 10:59am

Markets

China, HK stocks gain as banks extend rally; chips also gain

HONG KONG: China and Hong Kong stocks gained on Tuesday, led by a bank rally, while tech shares rose despite the new...

Published 24 Dec, 2024 10:56am

Markets

Chicago soybeans, grains fall in pre-Christmas trade

BEIJING: Chicago soybean and corn futures eased on Tuesday as traders set final positions in thin pre-holiday...

Published 24 Dec, 2024 10:53am

Markets

Indonesia’s October palm oil exports at 2.89mn metric tons, industry group says

JAKARTA: Indonesia exported 2.89 million metric tons of palm oil in October, including refined products, data from...

Published 24 Dec, 2024 10:50am

Markets

Indian shares rise, led by IT and auto

Indian shares rose on Tuesday, buoyed by information technology and auto stocks, with analysts expecting rangebound...

Published 24 Dec, 2024 10:47am

Markets

Bangladesh’s RPGCL seeks LNG cargo for Jan delivery, document shows

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking a liquefied natural gas (LNG) cargo for...

Published 24 Dec, 2024 10:45am

Markets

Palm trades lower on profit taking ahead of Christmas holidays

KUALA LUMPUR: Malaysian palm oil futures slipped on Tuesday as traders booked profits ahead of the Christmas...

Published 24 Dec, 2024 10:44am

Markets

China plans $411bn special treasury bond issuance next year, sources say

Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year,...

Published 24 Dec, 2024 10:42am

Sports

Teenager Konstas to make debut in fourth test against India

MELBOURNE: Teenager Sam Konstas will make his test debut in the cauldron of the Boxing Day test at Melbourne Cricket...

Published 24 Dec, 2024 09:05am

World

Germany probing possible security lapses after Christmas market attack

BERLIN: Germany searched on Monday for answers on possible security lapses after a man drove his car into a...

Published 24 Dec, 2024 08:50am

World

Sudan drops out of hunger-monitor system on eve of famine report

The Sudanese government has suspended its participation in the global hunger-monitoring system on the eve of a...

Published 24 Dec, 2024 08:44am

World

World Bank announces $12 million for Vanuatu quake recovery

WELLINGTON: The World Bank on Tuesday announced $12 million towards emergency response and recovery in Vanuatu, a...

Published 24 Dec, 2024 08:38am

World

Some gaps have narrowed in elusive Gaza ceasefire deal, sides say

CAIRO/OCCUPIED JERUSALEM: Gaps between Israel and Hamas over a possible Gaza ceasefire have narrowed, according to...

Published 24 Dec, 2024 08:34am

World

Amicorp Group denies alleged fraud of over $7 billion in Malaysia’s 1MDB scandal

KUALA LUMPUR: Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than $7...

Published 24 Dec, 2024 08:26am

World

President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel

WASHINGTON: Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House...

Updated 24 Dec, 2024 11:08am

Business & Finance

BOJ debated need for caution in raising rates, Oct minutes show

TOKYO: Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with...

Published 24 Dec, 2024 08:16am

Markets

Dollar firms as US rates outlook dominates

SINGAPORE: The dollar was on the front foot on Tuesday as the prospect of higher-for-longer U.S. interest rates...

Published 24 Dec, 2024 08:11am

Markets

Asia shares rise, dollar underpinned by elevated bond yields

SINGAPORE: Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the...

Published 24 Dec, 2024 08:06am

Markets

Oil prices rise in thin pre-holiday trade

NEW YORK/LONDON: Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term...

Updated 24 Dec, 2024 09:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Karachi Cotton PKR/37.32 KG / Jan 3	18,285
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Petrol/Litre / Jan 4	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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