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China central bank

China central bank bank asks financial institutions to closely monitor bond risks

SHANGHAI: China’s central bank asked some financial institutions engaged in aggressive trading to closely monitor...

Published 18 Dec, 2024 10:59am

Business & Finance

China’s yuan inches higher

SHANGHAI: China’s yuan inched higher against the dollar on Thursday, as the central bank’s latest move to prop ...

Published 11 Oct, 2024 06:58am

Business & Finance

Most Asian currencies subdued

BENGALURU: Most Asian stock markets rose on Thursday, buoyed by hopes that China will soon disclose details of its...

Updated 11 Oct, 2024 06:56am

Business & Finance

China kicks off 500bn yuan swap facility to aid stock market

HONG KONG/SHANGHAI: China’s central bank said on Thursday it would start accepting applications from financial...

Published 10 Oct, 2024 10:22am

Business & Finance

China’s central bank unveils most aggressive stimulus since pandemic

BEIJING: China’s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out...

Published 25 Sep, 2024 06:48am

Markets

China forex reserves fall to $3.222 trillion in June

BEIJING: China’s foreign exchange reserves fell in June, official data showed on Sunday, as the dollar rose against...

Published 07 Jul, 2024 10:48am

Business & Finance

China’s central bank refrains from gold purchases for a 2nd month

China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official...

Published 07 Jul, 2024 10:44am

Markets

China stocks drop on report of budget gap of 3pc of GDP

SHANGHAI: China stocks shed early gains to end lower on Friday after sources told Reuters that Beijing will run a...

Published 16 Dec, 2023 05:49am

Business & Finance

China’s 2023 growth target within reach

BEIJING: China is expected to hit its annual gross domestic product growth target this year, and the country must...

Published 08 Nov, 2023 11:23am

Business & Finance

Yuan flat despite dollar weakness

SHANGHAI/SINGAPORE: China’s yuan was little changed against the dollar on Wednesday despite weakness in the...

Published 12 Oct, 2023 05:57am

Markets

Japan rubber futures hit near 6-month high

TOKYO: Japanese rubber futures extended gains on Friday, hitting a near 6-month high after Beijing’s additional...

Published 03 Sep, 2023 02:59am

Markets

Copper gains after China’s move to support housing market

LONDON: Copper prices rose on Tuesday as the dollar weakened and funds cut bets on lower prices after top consumer...

Published 30 Aug, 2023 03:33am

Markets

China central bank to use tools such as RRR to tackle economic woes

BEIJING: China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and medium-term...

Published 14 Jul, 2023 09:34am

Markets

Several Chinese lenders cut yuan deposit rates from Monday

BEIJING: Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following...

Published 12 Jun, 2023 10:46am

Markets

China retains central bank chief in unexpected move

BEIJING: China retained its central bank chief Sunday in a surprise move, as the country appointed a cabinet focused...

Published 12 Mar, 2023 10:40am

Opinion

China central bank to offer cheap loans to support developers’ bonds

China’s central bank will offer cheap loans to financial firms for buying bonds issued by property developers, ...

Published 26 Nov, 2022 04:13am

Markets

China central bank official under investigation for corruption

BEIJING: A top Chinese central bank official is under investigation for suspected corruption, a government agency...

Published 05 Nov, 2022 10:37am

Markets

China central bank says yuan to remain stable, hopes for soft landing in housing market

HONG KONG/SHANGHAI: China’s central bank governor said on Wednesday that the yuan will remain stable against a...

Published 02 Nov, 2022 09:39am

Markets

China central bank upgrades currency swap with HKMA, expands size

BEIJING: China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a...

Published 04 Jul, 2022 10:07am

Opinion

China’s central bank accepts Ant’s application for financial holding company

China’s central bank has accepted Ant Group’s application to set up a financial holding company, three people...

Published 18 Jun, 2022 06:00am

Markets

China central bank warns of default risks after climate stress test

SHANGHAI: China's banks face rising default risks as a result of higher climate-related costs in carbon-intensive...

Published 18 Feb, 2022 02:11pm

Markets

China central bank launches digital yuan wallet apps for Android, iOS

SHANGHAI: China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the...

Published 04 Jan, 2022 12:44pm

Business & Finance

China central bank records biggest net FX purchases in more than six years in Nov

SHANGHAI: China’s central bank in November recorded its biggest net purchase of foreign exchange in more than six...

Published 16 Dec, 2021 04:00am

Markets

China central bank to lower corporate funding costs, aid small firms

BEIJING: China will keep liquidity reasonably ample and reduce funding costs, especially for small firms, a central...

Published 23 Nov, 2021 01:16pm

Markets

China central bank governor says inflation moderate overall

BEIJING: China's inflation is moderate overall, said Yi Gang, governor of the People's Bank of China, according to a...

Published 14 Oct, 2021 11:22am

Markets

China will steadily promote yuan internationalisation in 2021, central bank says

Cross-border yuan settlements accounted for 46.2% of the overall cross-border settlements, hitting a record high, the central bank said

Published 18 Sep, 2021 03:33pm

Business & Finance

China central bank issues guidelines for corporate credit bonds

BEIJING: China’s central bank on Wednesday issued detailed guidelines to promote the high-quality development of...

Published 19 Aug, 2021 04:15am

Business & Finance

China central bank to keep monetary policy 'flexible and appropriate'

The global epidemic is still evolving, the external environment is becoming more severe and complex, and the domestic economic recovery is still unstable and uneven

Published 09 Aug, 2021 05:16pm

Markets

China sets yuan midpoint at weakest in over 3 months

Wednesday's official guidance largely matched market forecasts, and it was 5 pips stronger than Reuters' estimate of 6.4934

Published 28 Jul, 2021 12:28pm

Business & Finance

China FX deposits swell to record $1.01trn in May

SHANGHAI: China’s foreign exchange deposits hit a record high of $1.01 trillion at the end of May, compared with ...

Published 14 Jun, 2021 03:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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