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COVID-19 TOTAL DAILY
CASES 280,461 432
DEATHS 5,999 15
Sindh 121,705 Cases
Punjab 93,336 Cases
Balochistan 11,777 Cases
Islamabad 15,095 Cases
KP 34,253 Cases
Published 05 Aug, 2020 12:58am

Massive blast sends seismic shock across Beirut, causing thousands of casualties

  • Beirut killed more than 25 people, injured over 2,500 others.
  • Highly explosive materials was stored at port, says minister.
  • Blast felt in Cyprus, more than 100 miles (160 km) away.
  • Lebanon's Red Cross chief calls it "a huge catastrophe".
  • Blast rocks Lebanese port area.
Massive blast sends seismic shock across Beirut, causing thousands of casualties
Currency Rate
USD PKR Interbank Selling / Jul 31
167.30
USD PKR Interbank Buying / Jul 31
167.10
USD to Japanese Yen / Aug 4
105.95
USD to Swiss Franc / Aug 4
0.92
Pound Sterling to USD / Aug 4
1.31
Euro to USD / Aug 4
1.18
Stock Volume
S&P 500 / Aug 4
3294.61
India Sensex / Aug 4
36939.60
Tokyo Nikkei / Aug 4
22195.38
Nasdaq / Aug 4
10902.80
Hang Seng / Aug 4
24458.13
FTSE 100 / Aug 4
6032.85
Dow Jones / Aug 4
26664.40
Germany DAX 30 / Aug 4
12646.98
France CAC40 / Aug 4
4875.93
Indicator Value
Weekly Foreign Reserves / Aug 4
19047.30
UK LIBOR / Aug 4
0.31
GDPGROWTH / Aug 4
5.40
Foreign Debt / Aug 4
15087.50
Per Capita Income (CPI) / Aug 4
1516.00
Average CPI / Aug 4
11.11

Business

KKR beats estimates with flat Q2 earnings
Money & Banking

KKR beats estimates with flat Q2 earnings

  • KKR said after-tax distributable earnings (DE) of $326 million were in line with the $327 million posted a year earlier.
  • KKR's private equity funds rose 11% in the second quarter, while global infrastructure and real estate funds rose 7% and 2% respectively. Its leverage credit funds rose 11%.
Published 04 Aug, 2020 11:46pm
Commodities

Euronext wheat at one-month low as Russian harvest weighs

  • Front-month September milling wheat on Paris-based Euronext, settled down 0.50 euro, or 0.3%, at 179.75 euros ($211.55) a tonne.
  • The more active December contract also struck a one-month low at 179.50 euros, before settling 0.3% lower at 180.25 euros.
Published 04 Aug, 2020 11:30pm
Companies

New Ford CEO Farley eyes expansion into tech fields

  • These are new growth initiatives that could create a lot of value for the company.
  • Hackett and Farley will work together during a two-month transition period, and Hackett, 65, will continue as a company advisor through March 2021.
Published 04 Aug, 2020 11:25pm

BR Research

BR Research

Beating Covid curiosity

In a stunning upset which perhaps many did not see coming, Pakistan has managed to bring down its number of daily...

Published 30 Jul, 2020 08:40am
BR Research

The balancing act

While India’s so-called regional isolation lately is a cause of much mirth in Pakistan, the eagle-eyed should...

Published 30 Jul, 2020 08:38am

Pakistan

Latest

World

Dual national SAPMs

EDITORIAL: Increasing tensions between elected and unelected members of the federal government claimed two ...

SBP's third quarterly report

EDITORIAL: The release of the third State Bank of Pakistan (SBP) quarterly report, as expected, remains bound to the...

Preventable loss of life

EDITORIAL: It's been deeply disturbing, all the more so since the media had been sounding warnings on the basis of...

Nadal to skip US Open due to COVID-19 concerns, entries announced

Nadal to skip US Open due to COVID-19 concerns, entries announced

  • Nadal had said in June that he had reservations about travelling to the US amid the COVID-19 pandemic.
  • After many thoughts I have decided not to play this year's US Open," Nadal said on Twitter, "The situation is very complicated worldwide.
Published 05 Aug, 2020 12:36am