Trends - Chinese banks - Business Recorder

Chinese banks

US curbs undermine confidence in dollar: Putin

MOSCOW: President Vladimir Putin said on Friday that US sanctions policy was undermining confidence in the dollar ...

Published 18 May, 2024 05:45am

World

Putin heads to Beijing seeking greater support for war effort

BEIJING: Russian President Vladimir Putin arrives in China on Thursday to meet his “dear friend” Xi Jinping as ...

Published 16 May, 2024 06:29am

World

Russia admits ‘problems’ with China payments

MOSCOW: The Kremlin on Wednesday acknowledged that Russian companies were having problems with Chinese banks after...

Published 07 Feb, 2024 05:24pm

Business & Finance

Five major Chinese banks cut interest rates on some deposits

BEIJING: Five of China’s largest state banks, including the Agricultural Bank of China and China Construction Bank,...

Published 22 Dec, 2023 09:59am

Business & Finance

Chinese banks seize on Russia, oil trade to internationalise yuan

SHANGHAI/ SINGAPORE: Chinese banks are ramping up efforts to promote international use of the yuan, and reporting a...

Published 02 May, 2023 05:59am

World

Iraq to allow trade with China in yuan

DUBAI: Iraq’s central bank said on Wednesday it planned to allow trade from China to be settled directly in yuan for...

Published 22 Feb, 2023 04:38pm

Markets

PKR makes gains

KARACHI: The rupee ended the previous week with a 1.3% gain against the US dollar in the inter-bank market as...

Published 04 Jul, 2022 06:17am

Pakistan

Chinese consortium signs $2.3bn refinancing agreement with Pakistan: Miftah

Finance minister says country thanks the Chinese government for facilitating the transaction

Updated 22 Jun, 2022 06:53pm

Refinancing of $2.3bn deposits: Terms and conditions agreed with Chinese: Miftah

ISLAMABAD: Finance Minister Miftah Ismail Thursday stated that terms and conditions of $ 2.3 billion deposits have...

Updated 03 Jun, 2022 09:58am

From Moody's to Miftah: in case you missed Thursday's developments, here is a rundown

Pakistan's economy has been the centre of attention for several months with inflation readings, hike in interest...

Published 03 Jun, 2022 12:50am

Pakistan

Miftah says $2.3bn refinancing agreement reached with Chinese banks

Finance minister says inflow expected shortly after 'some routine approvals from both sides'

Updated 02 Jun, 2022 09:20pm

Markets

Chinese banks limit financing for Russian purchases

BEIJING: Several Chinese public banks are limiting financing to purchase raw materials from Russia for fear of...

Published 26 Feb, 2022 02:39pm

Business & Finance

Qatari investor in Deutsche Bank says European lenders should merge

If you compare the European banks with the American banks or the Chinese banks, we'll find that they are too small to survive by themselves.
Thani owns a 3.05% stake in Deutsche Bank.

Published 22 Jun, 2021 07:23pm

Business & Finance

China bank loans unexpectedly rise

BEIJING: China’s new bank loans unexpectedly rose in May from the previous month but broader credit growth...

Published 11 Jun, 2021 03:41am

Markets

China March new bank loans rise to 2.73 trln yuan, beat forecast

Broad M2 money supply grew 9.4% from a year earlier, central bank data showed on Monday, below estimates of 9.6% forecast in the Reuters poll. It rose 10.1% in February.

Published 12 Apr, 2021 01:48pm

Business & Finance

Chinese banks, Australia’s Macquarie tiptoe into Asian oil finance void

SINGAPORE: Chinese national banks and Australia’s Macquarie Group are quietly filling some of the...

Updated 01 Mar, 2021 09:41am

Business & Finance

China Jan new bank loans rise to 3.58 trln yuan, beat forecast

Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier.

Published 09 Feb, 2021 01:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
France CAC40 / Dec 30	7,313.56
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.83 ▲ 0.53 (16.06%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Dadex Eternit / Dec 31 Dadex Eternit Limited(DADX)	70.52 ▲ 6.41 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	7.99 ▼ -1.00 (-11.12%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.36 ▼ -4.80 (-9.97%)
Al-Khair Gadoon / Dec 31 Al-Khair Gadoon Limited(AKGL)	37.56 ▼ -4.15 (-9.95%)
Karam Ceramics / Dec 31 Karam Ceramics Limited(KCL)	54.04 ▼ -5.46 (-9.18%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	192,921,668 ▲ 0.31
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.04
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.33
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	51,127,436 ▲ 0.74
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.03
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.13
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	41,690,602 ▲ 3.69
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -1.12
Telecard Limited / Dec 31 Telecard Limited(TELE)	32,586,238 ▲ 0.12

Markets →

Budget 2024-25: income tax calculator for FY25

Chinese banks

Most Popular