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 / Jan 29	278.93
USD PKR Interbank Buying / Jan 29	278.73
USD to Japanese Yen / Jan 29	155.27
USD to Swiss Franc / Jan 29	0.90
Pound Sterling to USD / Jan 29	1.25
Euro to USD / Jan 29	1.04

Stock	Volume
S&P 500 / Jan 28	6,067.70
Nasdaq / Jan 28	19,733.59
Dow Jones / Jan 28	44,850.35
India Sensex / Jan 29	76,280.68
Tokyo Nikkei / Jan 29	39,346.10
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,526.69
Germany DAX 30 / Jan 29	21,503.20

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 28	18,485
Gold 10 Grams PKR / Jan 28	247,560.80
Crude Oil USD/Barrel / Jan 29	73.75
Gold Spot USD/Ounce / Jan 29	2,761.08
Cotton US¢/pound / Jan 29	67.12
Petrol/Litre / Jan 30	256.13

Gainers
Losers
Leaders

Stock	Price
Waves Home Appliances / Jan 29 Waves Home Appliances Limited(WAVESAPP)	11.63 ▲ 1.06 (10.03%)
Redco Textile / Jan 29 Redco Textiles Limited(REDCO)	19.97 ▲ 1.82 (10.03%)
Jauharabad Sug / Jan 29 Jauharabad Sugar Mills Limited(JSML)	21.84 ▲ 1.99 (10.03%)
Saritow Spinning / Jan 29 Saritow Spinning Mills Limited(SSML)	14.81 ▲ 1.35 (10.03%)
Leather Up Ltd. / Jan 29 Leather Up Limited(LEUL)	44.41 ▲ 4.04 (10.01%)
Fateh Sports / Jan 29 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10%)
Supernet Ltd. / Jan 29 Supernet Limited (GEM)(GEMSPNL)	19.80 ▲ 1.8 (10%)
Sanghar Sugar / Jan 29 Sanghar Sugar Mills Limited(SANSM)	30.69 ▲ 2.79 (10%)
Shahmurad Sugar / Jan 29 Shahmurad Sugar Mills Limited(SHSML)	398.70 ▲ 36.25 (10%)

Stock	Price
D.S. Ind. Ltd. / Jan 29 D.S. Industries Limited(DSIL)	4.51 ▼ -0.85 (-15.86%)
Tariq Corp.Pref. / Jan 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
PICIC Ins.Ltd. / Jan 29 PICIC Insurance Limited(PIL)	2.25 ▼ -0.32 (-12.45%)
Punjab Mod / Jan 29 First Punjab Modaraba(FPJM)	2.60 ▼ -0.33 (-11.26%)
National Silk / Jan 29 The National Silk & Rayon Mills Limited(NSRM)	49.29 ▼ -5.48 (-10.01%)
Blessed Tex. / Jan 29 Blessed Textiles Limited(BTL)	306 ▼ -34 (-10%)
Shahtaj Sugar / Jan 29 Shahtaj Sugar Mills Limited(SHJS)	111.67 ▼ -12.41 (-10%)
Crescent Steel / Jan 29 Crescent Steel & Allied Products Limited(CSAP)	112.88 ▼ -12.54 (-10%)
Suhail Jute / Jan 29 Suhail Jute Mills Limited(SUHJ)	82.02 ▼ -8.63 (-9.52%)

Stock	Volume
WorldCall Telecom / Jan 29 Worldcall Telecom Limited(WTL)	67,917,203 ▼ -0.01
Cnergyico PK / Jan 29 Cnergyico PK Limited(CNERGY)	31,182,412 ▲ 0.14
Sui South Gas / Jan 29 Sui Southern Gas Company Limited(SSGC)	29,454,322 ▼ -1.6
K-Electric Ltd. / Jan 29 K-Electric Limited(KEL)	29,207,516 ▲ 0.11
Fauji Foods Ltd / Jan 29 Fauji Foods Limited(FFL)	26,339,311 ▼ -0.04
Citi Pharma Ltd / Jan 29 Citi Pharma Ltd.(CPHL)	26,038,104 ▼ -0.81
Dewan Motors / Jan 29 Dewan Farooque Motors Limited(DFML)	24,645,415 ▲ 3.11
Fauji Cement / Jan 29 Fauji Cement Company Limited(FCCL)	18,743,736 ▼ -0.97
Lotte Chemical / Jan 29 Lotte Chemical Pakistan Limited(LOTCHEM)	14,546,524 ▼ -0.55

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