News stories for Syed Ahmed Raza

Syed Ahmed Raza

Pakistan

Covid-19: Kuwait bans flights from Pakistan, Nepal and Bangladesh

Travelers from these countries will be banned unless they reside outside these countries for at least 14 days.
The cargo flights, however, will continue, as usual, an official statement from the Directorate General of Civil Aviation-Kuwait said.

Updated 10 May, 2021 08:02pm

World

OIC convenes emergency meeting following the attack on Al-Aqsa Mosque worshippers

The OIC meeting will discuss the despicable attack by Israeli security forces on Muslims offering prayers in Al-Aqsa Mosque.
On Monday morning, Israeli forces launched a fresh attack on Palestinians gathered in the holy mosque with rubber-coated bullets, stun grenades, and tear gas shells, injuring hundreds of worshippers.

Published 10 May, 2021 06:35pm

Business & Finance

Toyota production to top 10 million units in 2020

The success of the plan will see Toyota crossing the 10 million mark for the first time in 8 years.
Notably, Toyota sales surpassed that of Volkswagen in 2020, reclaiming its title as the world’s top-selling automaker for the first time in 5 years.

Updated 10 May, 2021 05:41pm

Business & Finance

Elon Musk reveals he has Asperger's syndrome

Asperger Syndrome is a neurodevelopmental disorder that manifests itself with difficulties in engaging in social interactions and nonverbal communication.
Elon Musk is being lauded for openly admitting to being on the spectrum.

Updated 10 May, 2021 03:38pm

World

Hundreds injured as Israeli forces launch fresh attack on Al Aqsa Mosque compound

Israeli forces stormed the Al-Aqsa Mosque compound on Monday morning, firing rubber-coated bullets, tear gas, and stunned bombs at armless Palestinian worshippers.
The violence comes as Israel marks Jerusalem Day on Monday.

Updated 10 May, 2021 02:07pm

Modi rejected Punjab's proposal to import oxygen from Pakistan that could save thousands of lives: CM Amarinder Singh

Chief Minister of Indian Punjab, Amarinder Singh has revealed that the Center rejected his government’s proposal to import liquid oxygen from Pakistan, which could save thousands of lives in Punjab.
He said the Center neither provided an “adequate supply of oxygen from alternate sources,” nor did it allow the import of oxygen from the neighboring country.

Updated 08 May, 2021 10:06pm

Business & Finance

Tesla director contradicts Elon Musk’s timeline for autonomous cars

Based on a recent statement by Elon Musk, it was anticipated that Tesla is making progress towards becoming driverless by the end of the year.
That excitement was cut short when Tesla’s Director of Autopilot software reportedly contradicted that statement.

Updated 08 May, 2021 07:53pm

World

Shah Mahmood Qureshi invites Saudi Foreign Minister to visit Pakistan

The two dignitaries agreed to work towards strengthening cordial relations between the two countries.
They reviewed every aspect of bilateral relations, discussing ways to enhance cooperation in diverse areas including trade, investment, infrastructure, energy, tourism, and manpower.

Published 08 May, 2021 05:01pm

Pakistan

‘Danger is higher than ever,’ warns Asad Umar on coronavirus situation

Taking to Twitter, Asad Umar called for national unity in response to the pandemic, warning that the “danger is higher than ever.”
He presented Nepal as an example, highlighting that even a small country like Nepal saw an exponential rise in cases going up above 7,000 daily.

Updated 08 May, 2021 04:38pm

Business & Finance

Hyunda recalls 6th generation Elantra for possible engine fires

Interestingly, the recalled Elantra is the same one that was recently launched in Pakistan.
Elantra's 2.0-liter engine has poorly heat-treated piston oil rings. Consequently, the oil leaks from there onto hot exhaust components, which could cause a fire in the engine bay.

Published 08 May, 2021 02:32pm

WHO approves China’s Sinopharm vaccine for emergency use

WHO gave emergency use listing to Beijing's Sinopharm Covid-19 vaccine, making it the sixth overall, and the first Chinese vaccine to receive WHO validation for safety, efficacy, and quality.

Updated 07 May, 2021 09:25pm

Business & Finance

Is Hyundai Elantra better than Honda Civic?

Aside from the obvious price difference, there are several reasons that make the Elantra a better option than the Honda Civic.
For one, Hyundai Elantra has the biggest engine size out of all the premium sedans available in Pakistan.

Updated 11 May, 2021 05:11pm

Pakistan

Prime Minister Imran Khan embarks on a three-day visit to Saudi Arabia

The Prime Minister is accompanied by a delegation comprising senior ministers, and other members of his cabinet.
The two sides are expected to sign a number of bilateral agreements and memorandums of understanding (MoUs), mostly focused on the Saudi Green, the Middle East Initiative, and the Clean and Green Pakistan Movement.

Updated 07 May, 2021 08:11pm

Business & Finance

Here are the expected specs, features and prices of new Honda City

City loyalists in Pakistan were expecting an upgrade after the announcement of a new Honda City.
However, it is likely that Pakistan will end up with the 6th generation Honda City instead.

Updated 07 May, 2021 09:47pm

Pakistan

KP introduces mobile vans to vaccinate elderly at their doorsteps

In the first phase, three vehicles will roam the outskirts of the provincial capital to administer the Covid-19 vaccine to people of 50 years of age or above.
Following a successful trial, the service will be extended to other districts soon, he added.

Updated 07 May, 2021 05:02pm

Business & Finance

After microchip crisis, worldwide tire shortage set to jolt auto industry

Just recently, the computer chip shortage stalled the production of several automobiles around the world.
Now, the lack of tree plantations in Southeast Asia is foreshadowing a shortage of tires on a global scale.

Published 07 May, 2021 02:50pm

Pakistan

Private universities urge Education Minister not to delay Autumn Semester

The association chairman, Dr. Chaudhry Abdul Rehman, wrote a letter to Shafqat Mahmood, asking him to ensure a timely start of the Fall Semester.
It said that the government’s latest decision to delay admissions for Autumn Semester due to a delay in Intermediate and O/A Level exams will create financial constraints.

Published 06 May, 2021 07:43pm

Business & Finance

HAVAL by Sazgar tests H6 SUV in Pakistan

The variant coming to Pakistan will have a 1.5-liter turbocharged 4-cylinder engine that makes 169 hp and 285 Nm of torque, sent to the front wheels via a 7-speed DCT automotive gearbox.
Its hybrid variant in the international market is accompanied by a single electric motor and a 45 kWh lithium-ion battery pack.

Updated 06 May, 2021 06:05pm

Business & Finance

Construction of Volkswagen assembly plant starts in May

The construction for a Volkswagen plant will commence in Pakistan on 10th May in Hub, Balochistan.
The Volkswagen assembly plant will have the capacity to produce 28,000 vehicles per annum.

Updated 06 May, 2021 05:19pm

Business & Finance

Jaguar design chief quits as brand switches to all-electric future

Jaguar Land Rover announced that Julian Thomson would be leaving the company at the end of May.
JLR did not reveal where Julian was making the switch to.

Updated 06 May, 2021 03:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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