Trends - asia pacific - Business Recorder

asia pacific

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 / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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