Latest News

Sports

Japan and IOC deny that Olympics will be cancelled

Japan says Games to go ahead as planned from July 23.
Times report says government accepted need to cancel event.
Major National Olympic Committees say Games on schedule.

Published 22 Jan, 2021 06:08pm

Pakistan

Assets beyond means case: Khawaja Asif sent to jail on judicial remand

The case was heard by the accountability court’s judge Jawadul Hassan, where accused was produced before the court in strict security.
During the proceedings, the National Accountability Bureau (NAB)’s legal representative sought physical remand of Pakistan Muslim League Nawaz (PML-N) leader.

Updated 22 Jan, 2021 06:05pm

Technology

Alphabet closes down internet balloon network project 'Loon'

Loon was deployed to provide internet in Puerto Rico after Hurricane Maria in 2017, as well as after a major earthquake in Peru.
Operations will be wound down in "the coming months", with the hope that Loon employees will be redeployed at Alphabet, the firm said.

Published 22 Jan, 2021 05:26pm

Top Iran leader posts Trump-like golfer image, vows revenge

World

Zidane tests positive for COVID-19

The former French international will now enter a period of self-isolation.
“Real Madrid CF announces that our coach Zinedine Zidane has tested positive for Covid-19,” says the club.

Updated 22 Jan, 2021 05:27pm

Pakistan

Sadiq Sanjrani backs Senate polls through open ballot

In his reply submitted in the apex court, the chairman said that Senate polls are held through secret ballot as per the Election Act 2017.
“The Parliament has the prerogative to make amendments in the law, while the Supreme Court has right to interpret the constitution,” he wrote.

Updated 22 Jan, 2021 05:43pm

Technology

Apple to bring a thinner MacBook Air with Magnetic Charger

Apple Inc. plans on launching a thinner and lighter MacBook Air with a magnetic charger during the second half of this year or in 2022.

Updated 22 Jan, 2021 05:00pm

Business & Finance

State Bank MPC maintains policy rate unchanged at 7pc

There could be some changes in the projection due to change in electricity rates, and international oil prices but it will be temporary, said Baqir.
“It is very important that at present the monetary policy should convey a message of stability,” the SBP Chief said.
The yearly inflation rate is projected to remain at 7-9pc as previously announced.

Updated 22 Jan, 2021 05:23pm

Pakistan

Pakistan condemns twin suicide blasts in Baghdad

The twin suicide blasts in Baghdad killed at least 32 people and wounded more than 100.
"Pakistan condemns terrorism in all its forms and manifestations and stands in solidarity with the brotherly government and people of Iraq in their fight against terrorism," FO said.

Published 22 Jan, 2021 04:14pm

Pakistan

Traffic plan issued for Karachi Test between Pakistan-South Africa

The roads leading to the National Stadium will be closed from 9am till 6pm and an alternate route will be provided.
“Commuters are requested to use alternate routes to avoid any inconvenience,” said Police.

Updated 22 Jan, 2021 04:21pm

Pakistan

Hamza Shahbaz withdraws bail plea in SC

The judge questioned the legal representative of Hamza whether the petitioner would continue to pursue the case or withdraw his plea.
Hamza was arrested in June 2019 from inside the LHC in relation to two cases pertaining to money laundering and accumulating assets beyond means of income.

Updated 22 Jan, 2021 06:01pm

World

'I will fire you on the spot', Biden warns staff if they disrespect colleagues

"I'm not joking when I say this: If you're ever working with me and I hear you treat another with disrespect, talk down to someone, I promise you I will fire you on the spot," Biden said.
The US president further said that everybody is entitled to be treated with decency and dignity, adding that it has been missing in a 'big way in the last four years'.

Published 22 Jan, 2021 03:02pm

Technology

Elon Musk to offer $100 million prize for 'best' carbon capture tech

“Am donating $100M towards a prize for best carbon capture technology,” says Musk.
The International Energy Agency said late last year that a sharp rise in the deployment of carbon capture technology was needed if countries are to meet net-zero emissions targets.

Updated 22 Jan, 2021 03:06pm

Pakistan

Sindh may postpone exams due to prolonged school closure

"We all agreed that we should be in a hurry to hold exams and ensure that at least 60% of the curriculum is taught comprehensive."
Ghani said that the committee has been set up to review and compile schedules for the academic year and examination.

Updated 22 Jan, 2021 02:40pm

Pakistan

COVID-19 claims 47 more lives in Pakistan

During the past 24 hours 1,745 new infections were reported across the country.
With fresh inclusion of the infections in the country the national tally of cases now currently stands at 528,891.

Published 22 Jan, 2021 02:09pm

Business & Finance

After impressive growth, Pakistan eyes IT exports of over $ 2bn this year

The ITeS export remittances comprising computer services and call centre services have surged to $194 million at a growth rate of over 43 percent in December 2020 compared to $135 million during the same month of 2019.

Published 22 Jan, 2021 02:07pm

Pakistan

UN adopts resolution sponsored by Pakistan, OIC countries on protection of holy sites

It condemns offences against religious sites and also denounces any move to obliterate or forcibly convert any religious sites.
Pakistan will continue to play a leading role in denouncing violent attacks on religious sites, Munir Akram said.

Published 22 Jan, 2021 01:35pm

Sports

Siraj visits father's grave after fulfilling test dream

His mental strength was further tested in Sydney where a section of the crowd targeted him.

Published 22 Jan, 2021 12:23pm

Sports

Anderson strikes twice as Sri Lanka reach 76-2 at lunch

Perera was caught at first slip by England skipper Joe Root. Fernando played a rising delivery onto his stumps as Sri Lanka slipped to 7-2.

Published 22 Jan, 2021 12:22pm

World

Germany virus death toll tops 50,000

It said 859 people died from the virus in the past 24 hours, bringing the total number of fatalities to 50,642.

Published 22 Jan, 2021 12:17pm

World

Biden nominates Kashmiri-origin diplomat for key State Department role

President Joe Biden nominated a Kashmiri-origin diplomat as Under Secretary for Civilian Security, Democracy and Human Rights - a key State Department position, as the new administration takes office.
Uzra Zeya, who resigned from the foreign service in 2018, in protest against President Trump's policies, has been nominated by the Biden Administration for the key position in the Department of State.

Updated 22 Jan, 2021 02:03pm

World

Republican McConnell proposes Trump get two weeks to prepare for Senate impeachment trial

In a statement, McConnell said he had sent his proposal to Senate Democratic Leader Chuck Schumer.

Published 22 Jan, 2021 12:15pm

World

New China swine fever strains point to unlicensed vaccines

But it has issued at least three warnings against use of unauthorised African swine fever vaccines, cautioning that they could have severe side effects and that producers and users could be charged with a criminal offence.

Published 22 Jan, 2021 12:06pm

World

Japan to start coronavirus vaccinations with Pfizer vaccines

Kono told reporters the next priority after medical workers was to vaccinate the elderly.

Published 22 Jan, 2021 11:50am

World

China reports 103 new mainland COVID-19 cases vs 144 a day earlier

The National Health Commission said in a statement that 94 of the new cases were local infections. The number of new asymptomatic cases.

Published 22 Jan, 2021 11:48am

World

Democrats with BJP/RSS links excluded from Biden Administration

Obama administration staffer Sonal Shah and Amit Jani, who worked on the Biden campaign team, have so far been excluded, allegedly due their RSS-BJP links.
These allegations were reportedly brought to the Biden campaign by over a dozen Indian-American organisations.

Updated 22 Jan, 2021 12:11pm

World

Mexico marks new daily record in deaths from pandemic

As in other countries, Mexico has begun rolling out its vaccination program, but at the same time the ranks of infected people swells, some days by the tens of thousands.

Published 22 Jan, 2021 11:30am

Technology

Alphabet shutting down Loon, which used balloon alternative to cell towers

Separately, companies backed by billionaire entrepreneurs, such as Elon Musk, Richard Branson and Jeff Bezos, continue to look at offering internet connections using satellites in near-Earth orbit.

Published 22 Jan, 2021 11:23am

World

Islamic State claims responsibility for Baghdad's suicide attack

Two men blew themselves up in a crowded Baghdad market on Thursday, killing at least 32 people.

Published 22 Jan, 2021 11:20am

Pakistan

Russia’s Sputnik-V maker contacts DRAP to seek permission for emergency use of its vaccine in Pakistan

The vaccine’s developers have said the shot has been found to be 91.4% effective in providing protection.
Chinese firm Anhui Zheifi Longcom Biopharmaceuticals Company Limited has also applied for phase-III clinical trial of its vaccine in Pakistan.

Published 22 Jan, 2021 11:19am

World

Argentina hails German Falklands travel request as support for sovereignty claim

The German government did not immediately respond to a Reuters request for comment.

Published 22 Jan, 2021 11:14am

Technology

Amazon to open pop-up COVID-19 vaccine clinic in Seattle headquarters

The move came a day after Reuters reported that Amazon had offered to help with the United States' efforts involving the COVID-19 vaccine, citing a letter addressed to President Joe Biden.

Published 22 Jan, 2021 11:04am

World

Bernie Sanders, bundled up at Biden inauguration, goes viral in a meme

The 79-year-old senator made a sartorial statement on Wednesday by showing up in a jacket by snowboarding equipment company Burton and home-made wool mittens, carrying a large brown envelope.

Published 22 Jan, 2021 10:45am

PIA's legal team to appear before UK court today

Federal Minister for Aviation Ghulam Sarwar Khan said PIA had failed to pay the lease of the aircraft that was held in Kuala Lumpur on time due to the coronavirus pandemic.

Updated 22 Jan, 2021 01:00pm

World

Bitcoin extends slide, heads for worst week since March 2020

Still, some said the pullback comes with the territory for an asset that is some 700% above the 2020 low of $3,850 hit in March.

Published 22 Jan, 2021 10:38am

World

Thailand reports 309 new coronavirus cases

The tally included 12 imported cases and there were no new deaths reported, the country's COVID-19 taskforce said.

Published 22 Jan, 2021 10:34am

Technology

Google threatens to block Australians over media law

"The great majority of people who are using Facebook would continue to be able to do so, but we would no longer be able to provide news," Facebook's Simon Milner told the hearing.

Published 22 Jan, 2021 10:17am

World

Brazil awaiting 2 million vaccine doses from India

But it had to be satisfied with the release last week of six million doses of CoronaVac, which was developed by the Chinese lab Sinovac with the Brazilian Butantan Institute in Sao Paulo.

Published 22 Jan, 2021 10:15am

World

Japan cabinet approves bill for tougher virus measures

Despite the recent spike, Japan has seen a comparatively small Covid-19 outbreak, with around 4,700 deaths overall.

Published 22 Jan, 2021 10:13am

Sports

Suarez double fires Atletico seven points clear

He had Marcos Llorente's pressing to thank for his equaliser but the second was almost entirely down to him, the 33-year-old chasing down a long punt downfield before tumbling over in the box.

Published 22 Jan, 2021 10:03am

World

IS propaganda arm claims twin suicide blasts in Baghdad

Iraq declared IS defeated in late 2017 but its sleeper cells continue to operate, usually in the country's desert zones.

Published 22 Jan, 2021 10:01am

World

Fauci says he feels liberated to speak on science under Biden

"The idea that you can get up here and talk about what you know. What the evidence, what the science is, and know that's it -- let the science speak -- it is somewhat of a liberating feeling."

Published 22 Jan, 2021 10:00am

Sports

Parma own goal sends Lazio through to Italian Cup quarter-finals

But Parma fought back, with Valentin Mihaila levelling for the visitors with seven minutes to go at the Stadio Olimpico.

Published 22 Jan, 2021 09:56am

World

UN Security Council fails to find common ground on Darfur

The Darfur conflict that erupted in 2003 killed some 300,000 people and displaced 2.5 million, according to the UN.

Published 22 Jan, 2021 09:52am

Sports

Milik joins Marseille on loan from Napoli

A three-match winless run has left goal-shy Marseille sixth in Ligue 1, 10 points behind leaders Paris Saint-Germain and second-placed Lille.

Published 22 Jan, 2021 09:51am

World

Biden orders masks, travel clampdown in new war on Covid

In the Senate, the two parties are split 50-50, with a tie-break vote by the new vice president giving Democrats the most razor-thin of margins.

Published 22 Jan, 2021 09:48am

World

Non-essential travel 'strongly discouraged': EU chief

Freight transport should continue but EU Council chief Charles Michel said.

Published 22 Jan, 2021 09:46am

Technology

Embattled Intel says earnings better than expected

While Intel remains one of the world's leading chip companies, it has lagged behind rivals in the fast-growing segment of mobile devices, and its chips are being phased out by Apple, which is developing its own microprocessors for its Mac computers.

Published 22 Jan, 2021 09:45am

Sports

Liverpool home run ended by shock Burnley defeat

Jurgen Klopp's men have now failed to win in five consecutive league games to see their title defence collapse.

Published 22 Jan, 2021 09:43am

World

Biden proposes five-year extension of New START treaty with Russia

She said the United States would also investigate bounties reportedly paid by Russian intelligence to extremists in Afghanistan who killed US troops.

Published 22 Jan, 2021 09:38am

BR Research

Bestway Cement Limited

Bestway Cement Limited (PSX: BWCL) was set up in 1993 under the Companies Ordinance, 1984 (repealed with the...

Published 22 Jan, 2021 07:45am

BR Research

Biden’s hour

If seasoned American political observers are to be believed, Joe Biden has taken oath as President at an ominous...

Published 22 Jan, 2021 07:40am

BR Research

Think out-of-box FDI (II)

While there is a need to rethink FDI policy and invigorate and charge up IPAs’ role – as highlighted last in ...

Published 22 Jan, 2021 07:35am

BR Research

“If you can’t beat them, join them”

It would be comical if it weren’t so tragic. Yesterday’s front news page carried three news stories placed...

Published 22 Jan, 2021 07:30am

BR Research

Current account

The current account is finally in deficit after a surplus streak of 5 months. It stood at $662 million in December;...

Published 22 Jan, 2021 07:25am

World

Twitter locks account of Chinese embassy in US

BEIJING: Twitter said Thursday it has locked the account of the Chinese embassy in the US, over a tweet claiming...

Published 22 Jan, 2021 04:47am

World

China calls for 'better angels' to prevail in reset with Biden's US

BEIJING: China on Thursday congratulated US President Joe Biden on his inauguration and called for a reset in...

Published 22 Jan, 2021 04:47am

Technology

Google signs deal on copyright payments to French press

PARIS: Google and French newspapers said Thursday they had signed an agreement aimed at opening the way to digital...

Published 22 Jan, 2021 04:47am

World

UK card spending running 35pc below pre-pandemic levels

LONDON: Spending on payment cards in Britain last week stood 35% below pre-pandemic levels with the country in its...

Published 22 Jan, 2021 04:47am

Gainers
Losers
Leaders

Stock	Price
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	3.47 ▲ 1.05 (28.04%)
Nazir Cotton / Jan 22 Nazir Cotton Mills Limited(NCML)	4.74 ▲ 0.98 (22.16%)
1st Dawood / Jan 22 First Dawood Investment Bank Limited(FDIBL)	2.72 ▲ 0.39 (16.74%)
Saudi Pak Leas. / Jan 22 Saudi Pak Leasing Company Limited(SPLC)	1.89 ▲ 0.36 (14.55%)
Hala Enterpries / Jan 22 Hala Enterprises Limited(HAEL)	11.60 ▲ 1.10 (9.43%)
Fazal Cloth / Jan 22 Fazal Cloth Mills Limited(FZCM)	213.66 ▲ 19.66 (7.50%)
Pak Synthetic / Jan 22 Pakistan Synthetics Limited(PSYL)	23.65 ▲ 1.65 (7.50%)
Rel.Cotton / Jan 22 Reliance Cotton Spinning Mills Limited(RCML)	174.25 ▲ 14.25 (7.50%)
First Imrooz Mod. / Jan 22 First Imrooz Modaraba(FIMM)	102.84 ▲ 7.17 (7.49%)
First National Equities / Jan 22 First National Equities Limited(FNEL)	21.82 ▲ 1.63 (7.49%)

Stock	Price
First Equity Mod. / Jan 22 First Equity Modaraba(FEM)	3.05 ▼ 0.16 (-8.68%)
Habib Ins. / Jan 22 Habib Insurance Company Limited(HICL)	7.51 ▼ 0.00 (-7.85%)
Khurshid Spinng / Jan 22 Khurshid Spinning Mills Limited(KHSM)	21.15 ▼ 3.27 (-7.48%)
Unicap Mod. / Jan 22 Unicap Modaraba(UCAPM)	1.02 ▼ 0.00 (-7.27%)
Universal Ins. / Jan 22 The Universal Insurance Company Limited(UVIC)	5.06 ▼ 1.10 (-6.99%)
Frontier Cer. / Jan 22 Frontier Ceramics Limited(FRCL)	24.36 ▼ 0.50 (-5.58%)
F.Treet Manuf.Mod / Jan 22 First Treet Manufacturing Modaraba(FTMM)	16.62 ▼ 1.39 (-5.35%)
HBL Inv.Fund / Jan 22 HBL Investment Fund(HIFA)	3.31 ▼ 0.35 (-5.16%)
Telecard / Jan 22 Telecard Limited(TELE)	2.91 ▼ 0.15 (-4.90%)
Ravi Textile / Jan 22 Ravi Textile Mills Limited(RAVT)	10.00 ▼ 0.15 (-4.67%)

Stock	Volume
K-Electric Ltd / Jan 22 K-Electric Limited(KEL)	143,822,500 ▼ 0.27
Hum Network / Jan 22 Hum Network Limited(HUMNL)	43,378,000 ▼ 0.42
Pak Int.Bulk Ter / Jan 22 Pakistan International Bulk Terminal Limited(PIBTL)	31,430,000 ▼ 0.50
Fauji Foods / Jan 22 Fauji Foods Limited(FFL)	23,037,500 ▼ 1.04
Unity Foods / Jan 22 Unity Foods Limited(UNITY)	21,205,214 ▼ 0.69
Jahangir Sid. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	20,470,500 ▼ 1.68
TRG Pak. / Jan 22 TRG Pakistan Limited(TRG)	17,361,500 ▼ 3.36
Invest Cap. Bank / Jan 22 Invest Capital Investment Bank Limited(ICIBL)	16,934,000 ▼ 1.05
SILKBANK / Jan 22 Silkbank Limited(SILK)	16,364,500 ▼ 0.08
Al Shaheer Corp. / Jan 22 Al Shaheer Corporation Limited(ASC)	16,117,000 ▼ 0.56

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 22	160.65
USD PKR Interbank Buying / Jan 22	160.55
USD to Japanese Yen / Jan 22	103.52
USD to Swiss Franc / Jan 22	0.89
Pound Sterling to USD / Jan 22	1.37
Euro to USD / Jan 22	1.22

Stock	Volume
S&P 500 / Jan 22	3853.07
India Sensex / Jan 22	49624.76
Tokyo Nikkei / Jan 22	28756.86
Nasdaq / Jan 22	13530.91
Hang Seng / Jan 22	29927.76
FTSE 100 / Jan 22	6715.42
Dow Jones / Jan 22	31176.01
Germany DAX 30 / Jan 22	13906.67
France CAC40 / Jan 22	5590.79

Indicator	Value
UK LIBOR % / Jan 22	0.09

Latest News

Most Popular Articles