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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 / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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