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China Economy

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

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Markets

Copper extends losses on firm dollar

LONDON: Copper prices dipped on Friday as the dollar resumed gains on worries about high US interest rates and after...

Published 15 Oct, 2023 03:19am

Supplements

China's Remarkable 74-Year Economic Odyssey: From Inception to Innovation

TEXT: China's economic transformation is from a bumble beginning to ‘Global Leadership.’ As the People’s...

Updated 02 Oct, 2023 07:34am

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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