COVID-19 TOTAL DAILY
CASES 323,452 433
DEATHS 6,659 5
Print Published 20 Oct, 2020 02:42am

Government appears to be feeling the price hike heat

ISLAMABAD: Prime Minister Imran Khan Monday stressed on taking all administrative measures to ensure availability of...
Government appears to be feeling the price hike heat
Currency Rate
USD PKR Interbank Selling / Oct 20
162.40
USD PKR Interbank Buying / Oct 20
162.30
USD to Japanese Yen / Oct 20
105.41
USD to Swiss Franc / Oct 20
0.91
Pound Sterling to USD / Oct 20
1.29
Euro to USD / Oct 20
1.18
Stock Volume
S&P 500 / Oct 20
3426.92
India Sensex / Oct 20
40431.60
Tokyo Nikkei / Oct 20
23671.13
Nasdaq / Oct 20
11478.88
Hang Seng / Oct 20
24542.26
FTSE 100 / Oct 20
5884.65
Dow Jones / Oct 20
28195.42
Germany DAX 30 / Oct 20
12854.66
France CAC40 / Oct 20
4929.27
Indicator Value
Weekly Foreign Reserves / Oct 20
19015.50
UK LIBOR % / Oct 20
0.08
GDPGROWTH / Oct 20
5.40
Foreign Debt (PKR billions) / Oct 20
15087.50
Per Capita Income USD (CPI) / Oct 20
1516.00
Average CPI % / Oct 20
11.11

Business

China's economic recovery quickens

BEIJING: China's economic recovery accelerated in the third quarter as consumers shook off their coronavirus ... Updated 20 Oct, 2020 03:18am
BR Research

Fighting for scraps

Six of the world’s most famous and largest cruise ships are at a Turkish beach town along the Aegean Sea, at the...
Published 19 Oct, 2020 01:30pm
Raw sugar hits 7-1/2-month high, cocoa also climbs
Commodities

Raw sugar hits 7-1/2-month high, cocoa also climbs

  • March raw sugar settled up 0.29 cent, or 2.0%, at 14.72 cents per lb, the highest prices since February 26.
  • March London cocoa settled up 32 pounds, or 2.0%, at 1,673 pounds per tonne, pulling away from an eight-week low of 1,627 pounds set on Friday.
Updated 20 Oct, 2020 02:24am
Financial

Yields pare rise as stimulus optimism fades

  • There was some optimism about a deal potentially being reached _ it seems like some of that optimism has started to fade a little bit.
  • The economic destruction from Covid, in my view, will keep rates pretty low,
Published 20 Oct, 2020 01:45am
Forex

Dollar eases on cautious optimism around US fiscal package

  • The dollar index declined 0.3%, giving back some of its 0.7% gain from last week when a global surge in coronavirus cases.
  • There is growing optimism that there is going to be one last strong attempt to get a stimulus deal.
Published 20 Oct, 2020 01:43am

Mexico's economic contraction my put pressure on insurers: Fitch Ratings

  • Latin America's No. 2 economy is facing the deepest recession in decades. Its sovereign bonds are edging closer to a downgrade to speculative grade, or junk.
  • "Fitch expects the financial pressure on Mexican insurers and surety companies will persist at year end 2020.
Published 20 Oct, 2020 01:38am

BR Research

BR Research

Beyond Real Interest Rates

  • Inflation in Pakistan is mostly cost-push, rather than demand-pull.
  • Demand-pull inflation would largely materialize if private credit growth were to be stimulated through monetary expansion.
Published 16 Oct, 2020 07:44pm

Pakistan

LHC's directive to Punjab govt

LAHORE: The Lahore High Court on Monday directed the Punjab government to constitute a committee to prepare a draft... Updated 20 Oct, 2020 03:07am

Qureshi appreciates UNAMA's role

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that the vision of economic prosperity and regional... Updated 20 Oct, 2020 03:07am

Latest

World

South Asia

Lawsuit accuses Indian hackers of leaking businessman's emails

  • Azima's suit alleges that Indian security company CyberRoot Risk Advisory and New Delhi-based BellTroX InfoTech Services carried out the hack-and-leak.
  • BellTroX founder Sumit Gupta could not be reached. Gupta, who is a fugitive from US justice in connection with a separate hacking case.
Published 20 Oct, 2020 12:59am

A strengthening PKR

EDITORIAL: In recent weeks the rupee has strengthened against the dollar, by more than 4 rupees to the dollar, and...

Terrorist attacks

EDITORIAL: Thursday's two back-to-back terrorist attacks are a poignant reminder that Pakistan remains in the...

India’s fallacious claims

EDITORIAL: Ill-conceived policies having landed them in a bind, Indian rulers are spinning a self-serving narrative...
AAJ PROGRAM SCHEDULE

AAJ PROGRAM SCHEDULE

Tuesday, October 20, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE... Updated 20 Oct, 2020 03:03am