Trends - asia pacific - Business Recorder

asia pacific

North Korean troops suffer 100 deaths, struggling in drone warfare, South Korea says

SEOUL: At least 100 North Korean troops deployed to Russia have been killed with another 1,000 injured in combat...

Published 19 Dec, 2024 11:49am

World

Iran’s president nominates Abbas Araqchi as foreign minister

DUBAI: Abbas Araqchi was nominated on Sunday as Iran’s foreign minister by President Masoud Pezeshkian, Iran’s...

Published 11 Aug, 2024 01:40pm

World

China and Malaysia renew 5-year economic pact, to review visa-free travel

KUALA LUMPUR: China and Malaysia renewed a five-year economic and trade cooperation pact on Wednesday and pledged to...

Published 19 Jun, 2024 11:14am

World

US defence chief tells China talks essential to avoid crisis

SINGAPORE: United States Secretary of Defense Lloyd Austin said on Saturday he was deeply concerned by China’s...

Published 03 Jun, 2023 12:29pm

Markets

Biden to defend US banking system after SVB, Signature collapse

WASHINGTON: President Joe Biden will on Monday address a banking crisis that led US regulators to step in with a...

Published 13 Mar, 2023 12:06pm

World

North Korea launches missiles from submarine as US-South Korean drills begin

SEOUL: Nuclear-armed North Korea test-fired two strategic cruise missiles from a submarine on Sunday, state news...

Published 13 Mar, 2023 11:58am

Technology

Meta to bring annual marketing summit to Pakistan this year

ISLAMABAD: Meta is expanding its annual Marketing Summit to more countries in Asia Pacific this year, which includes...

Published 02 Oct, 2022 05:48am

Markets

Philippine peso at 17-year low, risk aversion hurts Asian stocks

The Philippine peso hit a near 17-year trough on Tuesday, with most Asian emerging market currencies weakening...

Published 12 Jul, 2022 12:42pm

World

Indonesia signs deal with France to buy 6 Rafale warplanes

JAKARTA: Indonesia signed a deal with France Thursday to buy six Rafale warplanes as part of an anticipated total...

Published 10 Feb, 2022 11:53am

China's Xi warns of 'Cold War-era' tensions in Asia-Pacific

WELLINGTON: Chinese President Xi Jinping warned against a return to Cold War-era divisions in the Asia-Pacific...

Updated 11 Nov, 2021 12:44pm

Markets

Barclays to invest more than $400mn to expand India operations

Barclays Bank PLC India's total invested capital in Asia's third-largest economy will increase to more than 83 billion rupees

Published 26 Aug, 2021 10:44am

World

Pakistan elected as regular member of the governing body of the International Labour Organization

Becomes one of four newly-elected regular members from Asia-Pacific Group for the 2021-2024 term

Published 14 Jun, 2021 07:49pm

Business & Finance

RCEP to improve Pakistan's Trade & Investment Potential Manifold: PRIME

PRIME’s latest report timely informs of a window of opportunity - the Regional Comprehensive Economic Partnership (RCEP) - offering immense trade and investment potential.
Joining RCEP can trigger Pakistan’s untapped potential in various domains such as ICT services, mobile manufacturing, health and pharmaceutical sector, agricultural commodities, geographical diversification of export, investment diversification, and trade and investment policy.

Updated 08 Apr, 2021 06:03pm

Markets

Asian stocks advance on US spending plan, regional factory data

Surveys showing Asia's factories stepped up production in March also supported sentiment.

Published 01 Apr, 2021 11:26am

Business & Finance

Dollar likely to rise, but rally will lose steam later in 2021

MUMBAI/BENGALURU: Economic growth and higher bond yields will keep the US dollar stronger for now, but the rally ...

Published 29 Mar, 2021 06:05am

Markets

Indonesia's rupiah hits 4-month low as US bond yields rise

The currency was down 0.3% on Friday.

Published 05 Mar, 2021 10:45am

Markets

Deutsche Bank hires Nomura's FIG Australia head Nosek for second innings

Last year, M&A advisory revenue in Australia halved to $1.24 billion, according to Refinitiv data, as activity plummeted with the COVID-19 pandemic hurting investor confidence.

Published 11 Feb, 2021 12:13pm

UK to apply to join Asia-Pacific free trade bloc

LONDON: Britain will apply to join a massive 11-nation free-trade bloc of Asia-Pacific countries, it announced...

Updated 01 Feb, 2021 09:09am

Markets

Asian stocks slide, currencies muted as investors eye US Senate race

China, which has powered the region's economic recovery since July, saw its shares fall 0.2%, while the yuan dropped 0.1%.

Published 06 Jan, 2021 12:50pm

Markets

Yuan inches up after PBOC sets guidance at 30-month high

Official data showed robust growth in profits at China's industrial firms in November, their seventh straight month of gains, supported by strong industrial production and sales, as manufacturers continue their recovery from the COVID-19 downturn.

Published 28 Dec, 2020 11:53am

World

Record climate disasters in Asia-Pacific push millions to 'breaking point'

In Vietnam, CARE's country director Le Kim Dung said the pandemic had made it harder to bounce back, particularly in rural areas, from widespread floods that had inundated many provinces hit by heavy rains and a series of typhoons since early October.

Published 16 Dec, 2020 11:12am

Markets

Asian stocks weaken as infection worries curb vaccine enthusiasm

Market expectations are growing that the Fed will further ease monetary policy by expanding its bond buying programme, as US lawmakers struggle to agree on a fiscal stimulus package.

Published 15 Dec, 2020 09:15am

World

Trump, Xi to meet at virtual Asia Pacific forum as trade spat endures

The pair will be at a meeting of the leaders of the 21-nation Asia-Pacific Economic Cooperation (APEC) hosted virtually by Malaysia just two weeks after Trump lost his re-election bid.

Published 20 Nov, 2020 03:04pm

World

Asia forms world's biggest trade bloc, a China-backed group excluding US

The signing of the Regional Comprehensive Economic Partnership at a regional summit in Hanoi, is a further blow to the group pushed by former US president Barack Obama

Published 15 Nov, 2020 11:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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