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Pakistan

Govt will not hold dialogue with India till restoration of Kashmir's special status, says PM Khan

Imran says India's objective to tackle China's growing military and economic power is a futile effort and will not yield results
Pakistan is fortunate to come out successfully from the first and second waves and the government’s strategy helped in saving the economy: PM

Published 11 May, 2021 02:40pm

Pakistan

CAA expresses 'grave concern' over fake PCR test results

CA states the onus of contributing towards this national cause does not fall on the authority alone but is a responsibility that has to be shared by all concerned stakeholders including airline operators
The authority directed all airlines operating to and from Pakistan to ensure that all passengers traveling to the country possess test results from government-approved labs and that no test results be accepted without a valid QR code

Updated 11 May, 2021 02:22pm

Pakistan

Govt starts walk-in vaccination for people above 40 from Wednesday

The walk-in vaccination for people above 40 years of age will start tomorrow.
Only registered individuals can walk into any vaccination center and get a jab. For registration, people must send their CNIC to 1166.

Updated 11 May, 2021 02:15pm

Pakistan

Hopes are high for sustainable peace in Afghanistan after COAS-Afghan leadership meeting: FM

Qureshi says US has commenced withdrawal of troops from Afghanistan and the responsibility now lies on Afghans, as they have to play a vital part in making their country peaceful
The Muslim world needs to be mobilized on the issue of Palestine: FM

Updated 11 May, 2021 01:16pm

Markets

London copper rises as traders bet on bullish demand outlook

The most-traded June copper contract on the Shanghai Futures Exchange dipped 0.5% to 76,380 yuan ($11,887.94) a tonne, clawing back from early losses of 2.5%.

Published 11 May, 2021 12:41pm

Markets

Palm oil may retest resistance at 4,393 ringgit

It is expected to rise to 4,576 ringgit.

Published 11 May, 2021 12:27pm

Markets

Brent oil may test support at $67.33

On the daily chart, the gain on Monday proved to be a short-lived bluff by bulls. Market sentiment looks mixed, while oil is consolidating around $68.43.

Published 11 May, 2021 12:25pm

Markets

CBOT corn may bounce to $7.19-1/4 before falling

A break above $7.19-1/4 could lead to a gain into $7.30-3/4 to $7.38 range.

Published 11 May, 2021 12:23pm

Markets

CBOT soybeans may retest resistance at $15.96-3/4

The contract managed to hover above $15.73, the former resistance. It is likely to test the next resistance at $16.41-3/4.

Published 11 May, 2021 12:20pm

Markets

Spot gold may retest resistance at $1,847

It is rising toward a falling trendline, which establishes a resistance around $1,850.

Published 11 May, 2021 12:18pm

Markets

Gold up on lower yields, dollar; focus on US inflation data

"The scope for further declines (in gold prices) may be modest," HSBC analysts said in a note, adding that a decline in yields offers gold a chance to rally.

Published 11 May, 2021 12:16pm

Markets

China's yuan dips as inflation concerns hit risk appetite

The yuan's weakness came after the global dollar index on Monday touched its weakest level since late February. It was little changed on Tuesday at 90.253.

Published 11 May, 2021 12:15pm

Markets

C$ climbs to more than 3-1/2-year peak vs. US dollar

"Traders are Gamestopping the Canadian dollar, bidding it in synchrony with soaring base metal prices," said Schamotta, referring to the US stock that was propelled by retail traders to record highs.

Published 11 May, 2021 12:13pm

Markets

Commodity gains restrain dollar ahead of inflation data

"Even bags that do not have a chip in them, use chips in the process of production," she said. "This chip inflation may be passed on to consumers and result in a faster CPI growth rate if the chip shortage persists."

Published 11 May, 2021 12:10pm

Markets

Australia, NZ dollars hitch a ride on bull run in global resources

Reserve Bank of Australia (RBA) Deputy Governor Guy Debelle recently noted the central bank was now often buying more bonds in a week than the government was selling.

Published 11 May, 2021 12:07pm

Markets

Australia shares ease from record peak on tech rout

Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index fell 0.31% to 12,619.2 points.

Published 11 May, 2021 12:05pm

World

OIC condemns escalating Israeli aggression and attack on Al-Aqsa Mosque

The OIC endorsed support to Palestine's cause and urged the international community to take steps to save Palestinians from Israeli attacks
During the meeting, Pakistan’s permanent representative at the UN also strongly condemned the Israeli aggression

Published 11 May, 2021 11:41am

Markets

Australia shares likely to open lower; NZ falls

Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index fell 0.08% to 12,648.95 in early trade.

Updated 11 May, 2021 12:05pm

Markets

Tech selloff extends in Asia on inflation fears, anti-trust crackdown

Oil prices gave up earlier gains as concerns that rising COVID-19 cases in Asia will dampen demand outweighed expectations that a major US fuel pipeline could restart within the week following a cyber attack.

Published 11 May, 2021 11:30am

World

Qatar's emir visits Saudi Arabia as rift eases

But in January of this year, the boycotting countries agreed to restore ties with Qatar following a flurry of diplomatic activity by the administration of former US president Donald Trump.

Published 11 May, 2021 11:28am

World

Security cordon eased in front of White House

Authorities then erected a metal barrier around Lafayette Square.

Published 11 May, 2021 11:26am

Pakistan

Public-private partnership is need of the hour for country's progress: PM

Imran says the Board of Investment is being fully activated to provide facilities to the foreign and local investors
The meeting was informed that 14 projects worth 978 billion rupees would get approval in the next three months

Published 11 May, 2021 11:22am

Business & Finance

IMF announces financing plan aimed at Sudan debt relief

On Monday, Georgieva called the relief "a priority for the IMF."

Published 11 May, 2021 11:21am

World

US approves Pfizer vaccine for children aged 12 to 15

FDA said that they could begin receiving shots as soon as Thursday.
This is the first coronavirus vaccine to be authorized in the US for ages 12 to 15.

Published 11 May, 2021 11:18am

World

EU could quickly approve Pfizer jab for 12-15 year olds: EMA chief

She added that she would have her second jab of that vaccine later on.

Published 11 May, 2021 11:15am

World

UN Security Council meets on Jerusalem but holds off on statement

The Norwegian draft was jointly put forward with Tunisia, a fellow non-permanent member that called Monday's meeting, as well as China.

Published 11 May, 2021 11:13am

World

Novavax delays Covid vaccine authorization request

The new vaccine combines NanoFlu and NVX-CoV2373.

Published 11 May, 2021 10:58am

Markets

Hong Kong shares drop at open

The Hang Seng Index fell 1.08 percent, or 309.10 points, to 28,286.56.

Published 11 May, 2021 10:56am

Markets

Tokyo shares open lower after Wall Street fall

About an hour into trade, the benchmark Nikkei 225 index was at 28,863.87 yen, down 654.47 points or 2.22 percent.

Published 11 May, 2021 10:54am

World

US authorizes Pfizer jab for 12-15 year olds as India outbreak rages

Tourism might get a shot in the arm from the European Union, which said it was "fully on track" to ensure a Covid health pass would be ready in June to boost travel.

Published 11 May, 2021 10:49am

World

Queen re-emerges to outline UK govt's new agenda

Those promises centre on a "levelling up" agenda to bring economic opportunity to left-behind parts of the country, as Johnson exploits his vaccine-boosted popularity to make further inroads into opposition Labour party strongholds.

Published 11 May, 2021 10:47am

World

Twenty killed as Israel strikes Gaza after Hamas rocket barrage

Israel seized east Jerusalem in 1967 and later annexed it, in a move not recognised by most of the international community.

Published 11 May, 2021 10:41am

Sports

McIlroy's wild about Harry, Ariya's tough times: golf talking points

"Harry was awesome out there today, especially that decision on the last," said McIlroy of Diamond, who is an accomplished amateur golfer.

Published 11 May, 2021 10:39am

Markets

Hong Kong stocks plunge in morning session

The Hang Seng Index sank 2.15 percent, or 613.45 points, to 27,982.21.

Published 11 May, 2021 10:38am

World

Hong Kong scraps mandatory vaccines for foreign domestic workers

Regular polling shows Hong Kongers have some of the lowest support ratings for inoculation in the world.

Published 11 May, 2021 10:36am

Markets

Tokyo's Nikkei falls more than 3% in afternoon trade

The tech-rich Nasdaq dropped 2.6 percent Monday.

Published 11 May, 2021 10:35am

World

Israel says struck 130 Gaza military targets, 15 'operatives' killed

He told reporters that sites targeted so far included weapons manufacturing and storage facilities, training sites and military bases in Gaza.

Published 11 May, 2021 10:32am

Markets

Markets tumble in Asia as inflation fears haunt trading floors

"We're going to see volatility definitely over the next couple of months" given uncertainty over the path of growth, Kristen Bitterly, of Citi Private Bank, told Bloomberg TV.

Published 11 May, 2021 10:30am

Technology

Twitter has got a new feature that lets you monetize your post

“Tip Jar is an easy way to support the incredible voices that make up the conversation on Twitter. This is a first step in our work to create new ways for people to receive and show support on Twitter – with money,” said Esther Crawford, a senior product manager at the company, on Twitter's blog.

Published 11 May, 2021 10:24am

World

China posts slowest population growth in decades

The census lit up Chinese social media and quickly racked up more than 120 million views.

Published 11 May, 2021 10:22am

Pakistan

19-year-old Shehroze Kashif becomes youngest Pakistani to climb Mount Everest

Kashif successfully scaled the 8,849-metre mountain peak and hoisted the Pakistani flag.
There were more than 400 mountaineers who set to climb Everest, with Kashif being the youngest among them.

Published 11 May, 2021 09:57am

Pakistan

Pakistan's coronavirus death toll crosses 19000 mark

113 deaths were reported during the last 24 hours.
There are 78,959 active COVID-19 cases in the country.

Published 11 May, 2021 09:12am

World

WHO says virus strain in India a ‘variant of concern’ as Europe eases curbs

GENEVA: Schools and stores reopened in parts of Europe on Monday, easing out of months of Covid-19 lockdowns, but ...

Updated 11 May, 2021 10:15am

World

Dozens of suspected Covid-19 corpses found in Indian river

NEW DELHI: Dozens of bodies believed to be Covid-19 victims have washed up on the banks of the Ganges river in...

Updated 11 May, 2021 10:15am

World

Anger in France over ‘civil war’ warning

PARIS: The government of French President Emmanuel Macron reacted with fury Monday after a group of serving French...

Updated 11 May, 2021 10:15am

World

London launches tourism campaign

LONDON: London Mayor Sadiq Khan launched a campaign on Monday to bring tourists back to the British capital, ahead ...

Updated 11 May, 2021 10:15am

World

Four stabbed in ‘random’ NZ knife attack

WELLINGTON: A knife-wielding attacker stabbed four people in a New Zealand supermarket Monday, critically injuring...

Updated 11 May, 2021 10:15am

World

SpaceX accepts dogecoin as payment to launch a lunar mission next year

NEW YORK: SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon...

Updated 11 May, 2021 10:15am

World

Man killed in shooting at Vancouver International Airport

VANCOUVER: A man was killed in a shooting at Vancouver International Airport on Sunday, police said, with the...

Updated 11 May, 2021 10:15am

World

Amazon blocked 10bn suspected counterfeit listings

WASHINGTON: Amazon said Monday it blocked more than 10 billion suspected listings of counterfeit goods on its...

Updated 11 May, 2021 10:16am

World

G7 must invest $10trn for sustainable recovery

PARIS: G7 nations should collectively spend a trillion dollars a year over the next decade to put the world on a ...

Updated 11 May, 2021 10:16am

World

‘Enhanced Pak-China B2B irrigation cooperation needed’

BEIJING: The irrigation solutions promoted by a Chinese company have proved a success in demonstration zones in...

Updated 11 May, 2021 10:16am

World

French serial killer Michel Fourniret dies

PARIS: The French serial killer dubbed the "Ogre of the Ardennes", who confessed to killing 11 people, mostly girls...

Updated 11 May, 2021 10:16am

World

Johnson faces watchdog probe over luxury holiday

LONDON: Britain's parliamentary standards watchdog confirmed Monday it is investigating Prime Minister Boris Johnson...

Updated 11 May, 2021 10:16am

World

EU sees ‘window of opportunity’ for Iran nuclear talks

BRUSSELS: EU foreign policy chief Josep Borrell on Monday urged "non-stop" talks in Vienna to try for a breakthrough...

Updated 11 May, 2021 10:16am

World

Journalist gunned down in DR Congo’s volatile east

KINSHASA: A young journalist working for a radio station in a troubled eastern region of DR Congo has been shot ...

Updated 11 May, 2021 10:16am

Pakistan

IIOJK: Dispute’s settlement lies in UNSC resolution: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Monday said final settlement of Indian Illegally Occupied Jammu...

Updated 11 May, 2021 10:16am

Pakistan

ICMAP submits pre-budget recommendations

KARACHI: Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) has submitted its pre-budget...

Updated 11 May, 2021 10:16am

Pakistan

Imran lost ‘ethical, legal grounds’ to retain premiership: Marri

KARACHI: Central Information Secretary of Pakistan Peoples’ Party Parliamentarians and Member National Assembly...

Updated 11 May, 2021 10:16am

Pakistan

Theft, car snatching in Karachi: Textile exporters complain of rising incidents

KARACHI: “Rampant” incidents of car snatching and stealing of valuables have struck the metropolis, textile...

Updated 11 May, 2021 10:16am

Gainers
Losers
Leaders

Stock	Price
786 Investments / May 11 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 11 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 11 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 11 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / May 11 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 11 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 11 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 11 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 11	152.30
USD PKR Interbank Buying / May 11	152.20
USD to Japanese Yen / May 11	108.81
USD to Swiss Franc / May 11	0.90
Pound Sterling to USD / May 11	1.41
Euro to USD / May 11	1.21
UK LIBOR % / May 11	0.06

Stock	Volume
S&P 500 / May 11	4188.43
India Sensex / May 11	49502.41
Tokyo Nikkei / May 11	29518.34
Nasdaq / May 11	13401.86
Hang Seng / May 11	28595.66
FTSE 100 / May 11	7123.68
Dow Jones / May 11	34742.82
Germany DAX 30 / May 11	15400.41
France CAC40 / May 11	6385.99

Item	Value
Crude Oil / May 11	64.91
Karachi Cotton Assoc. / May 11	11300.00
Gold 10 Grams / May 11	89163.00
Gold Spot / May 11	1837.10
Cotton / May 11	88.47

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