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China Economy

China’s retail investor sours quickly on stocks

SHANGHAI/HONG KONG: Day-trader Lu Delong’s optimism for a China stocks rally quickly evaporated in the first week of...

Published 14 Jan, 2025 12:26pm

Business & Finance

Growth in China’s factory activity slows, Caixin PMI shows

BEIJING: China’s factory activity grew in December but at a slower-than-expected pace, as overall sales were...

Published 02 Jan, 2025 08:23am

World

Xi says China must apply ‘more proactive’ macroeconomic policies in 2025

BEIJING: President Xi Jinping said China will put in place “more proactive” macroeconomic policies next year, state...

Published 31 Dec, 2024 12:47pm

Business & Finance

China’s consumer prices rises slow to 0.3% on year in October

BEIJING: China’s consumer prices rose more slowly in October, while producer price deflation deepened, even as...

Published 09 Nov, 2024 11:12am

Business & Finance

IMF warns of risks to Asia’s economy as trade tensions, soft China growth bite

TOKYO: Risks to Asia’s economy have increased from escalating trade tensions, China’s property sector woes and the...

Published 01 Nov, 2024 12:02pm

World

Air Canada to increase China flights as Canada lifts restrictions

HONG KONG: Air Canada will increase direct flights between China and Canada from December, the news arm of China’s...

Published 30 Oct, 2024 10:18am

Opinion

‘President Xi’s shared prosperity model’

This is apropos a letter to the Editor carried by the newspaper yesterday. Let me add that despite daunting global...

Published 30 Oct, 2024 06:35am

World

IMF chief economist says lack of domestic demand fuels China’s export growth

WASHINGTON: China’s industrial policy may be tipping the scales in some specific industries, but it is not the root...

Published 22 Oct, 2024 07:19pm

Markets

Oil prices gain, recouping some of last week’s 7% loss

Brent crude futures up 58 cents, or 0.79%, at $73.63 a barrel

Updated 21 Oct, 2024 10:21pm

Business & Finance

China tees up fresh spending to boost economy

BEIJING: China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending ...

Published 13 Oct, 2024 06:46am

Business & Finance

China holds off on fresh stimulus but ‘confident’ will hit growth target

BEIJING: China said on Tuesday it was “fully confident” of hitting its growth target this year but held off...

Published 08 Oct, 2024 11:57am

Business & Finance

China’s factory, service sectors skid, emboldening stimulus calls

BEIJING: China’s factory activity shrank for a fifth straight month and the services sector slowed sharply in...

Updated 01 Oct, 2024 07:35am

Markets

Yen steadies, dollar slips as China reaches for stimulus

SINGAPORE: A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should...

Published 30 Sep, 2024 10:08am

World

China says US missile deployment in Philippines undermines peace

SHANGHAI: Chinese Foreign Minister Wang Yi said the US deployment of intermediate-range missiles in the Philippines...

Published 29 Sep, 2024 09:56am

Markets

Shanghai exchange apologises for slowdown as demand soars

SHANGHAI: The Shanghai Stock Exchange apologised on Friday for an “abnormal slowdown” in transactions that sent...

Published 28 Sep, 2024 07:16am

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

Saudi crude oil exports to China set to slip in September, sources say

SINGAPORE: Saudi crude oil exports to China are set to fall in September to about 43 million barrels, several trade...

Published 12 Aug, 2024 09:58am

Business & Finance

China’s exports growth slows to 3-month low in July

BEIJING: China’s exports grew at their slowest pace in three months in July, missing expectations and adding to...

Updated 12 Aug, 2024 08:07am

Business & Finance

China’s exports growth slows to 3-month low in July, but imports up solidly

BEIJING: China’s exports climbed 7.0% in July from year earlier, a slower pace of growth than in June and the...

Published 07 Aug, 2024 10:57am

Business & Finance

China issues plan to boost household consumption

BEIJING: China has issued a set of directives aimed at boosting household consumption, a weakness weighing on growth...

Updated 05 Aug, 2024 08:01am

Opinion

Learning from China

Most of us learn proverbs at the primary school stage and many of us would have written essays upon essays on these...

Updated 28 Jul, 2024 07:32am

Opinion

Further deepening reform comprehensively to advance Chinese modernisation

From July 15 to 18, the third plenary session of the 20th Central Committee of the Communist Party of China was held...

Published 27 Jul, 2024 07:16am

World

China’s Premier Li in New Zealand for talks with prime minister

WELLINGTON: China’s Premier Li Qiang was welcomed to New Zealand with a traditional ceremony in the capital...

Published 13 Jun, 2024 10:18am

Markets

China stocks fall amid growing trade frictions; HK follows Wall Street higher

SHANGHAI: China stocks fell on Thursday as Europe’s additional tariffs on Chinese electric cars deepened economic...

Published 13 Jun, 2024 10:15am

World

China hit by searing temperatures as Asia braces for extreme summer

BEIJING: Temperatures are hitting record highs in parts of north and central China this week while a severe drought...

Published 12 Jun, 2024 10:25am

Markets

Shares of Evergrande EV unit slide 27% after it warns of losing assets

HONG KONG: Shares of China Evergrande New Energy Vehicle Group plunged 27% on Wednesday after it said it faces the...

Published 12 Jun, 2024 10:22am

Markets

Dollar calm ahead of inflation test, Fed decision

TOKYO: The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market...

Published 12 Jun, 2024 09:59am

Business & Finance

China exports jump in May but imports slow: customs

BEIJING: China’s exports accelerated far more than expected in May but imports slowed, official figures showed...

Published 07 Jun, 2024 11:00am

Business & Finance

IMF upgrades China’s 2024, 2025 GDP growth forecasts after ‘strong’ Q1

BEIJING: China’s economy is set to grow 5% this year, after a “strong” first quarter, the International Monetary...

Published 29 May, 2024 11:09am

Opinion

China our first option, and last option as well

This is apropos a Business Recorder op-ed “The giant ship of China’s economy will continue to cleave the ...

Published 22 Dec, 2023 05:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.80
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Jan 22 The Pakistan General Insurance Co. Ltd.(PKGI)	9.43 ▲ 0.93 (10.94%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Olympia Mills / Jan 22 Olympia Mills Limited(OML)	39 ▲ 3.35 (9.40%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.60 ▲ 1.52 (6.88%)
Ghazi Fabrics / Jan 22 Ghazi Fabrics International Limited(GFIL)	9.93 ▲ 0.61 (6.55%)
Hoechst Pak. / Jan 22 Hoechst Pakistan Limited(HPL)	3,300 ▲ 191.48 (6.16%)
Trust Mod. / Jan 22 Trust Modaraba(TRSM)	3.83 ▲ 0.22 (6.09%)
B.R.R. Guardian / Jan 22 B.R.R. Guardian Limited(BRRG)	22.49 ▲ 1.22 (5.74%)

Stock	Price
Ellcot Spinning / Jan 22 Ellcot Spinning Mills Limited(ELSM)	108 ▼ -12.00 (-10.00%)
Khyber Textile / Jan 22 Khyber Textile Mills Limited(KHYT)	475 ▼ -51.08 (-9.71%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340 ▼ -29.90 (-8.08%)
Khalid Siraj / Jan 22 Khalid Siraj Textile Mills Limited(KSTM)	7.50 ▼ -0.50 (-6.25%)
Baba Farid Sugar / Jan 22 Baba Farid Sugar Mills Limited(BAFS)	46 ▼ -2.58 (-5.31%)
Dandot Cement / Jan 22 Dandot Cement Company Limited(DNCC)	14.30 ▼ -0.68 (-4.54%)
Equity Modaraba / Jan 22 First Equity Modaraba(FEM)	3.40 ▼ -0.14 (-3.95%)
Pakistan Cables / Jan 22 Pakistan Cables Limited(PCAL)	181.01 ▼ -6.63 (-3.53%)
Ittehad Chem. / Jan 22 Ittehad Chemicals Limted(ICL)	70.01 ▼ -2.34 (-3.23%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▼ -0.04
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.09
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	64,227,770 ▲ 0.01
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	53,698,225 ▲ 0.50
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 0.73
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▲ 0.22
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.29
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.05
B.O.Punjab / Jan 22 The Bank of Punjab(BOP)	14,838,637 ▼ -0.05

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