Latest News

Pakistan

Covid-19 claims four lives in Faisalabad

A many as 448 confirmed patients were in home isolation in the district.

Published 27 Jan, 2021 03:24pm

Pakistan

Lease dispute: Malaysian court releases 'impounded' PIA plane

Kuala Lumpur High Court judicial commissioner Atan Mustaffa Yussof Ahmad ordered the release of the aircraft after the national flag carrier and Malaysian authorities reached an amicable settlement to the dispute
Plaintiff in the case Peregrine Aviation Charlie Ltd has agreed to withdraw its suit against Pakistan International Airlines Corp

Published 27 Jan, 2021 03:23pm

Pakistan

Govt plans multiple projects to make country tourist hub, says Faisal Javed

He said that government would facilitate investors for the promotion of tourism in future as well and within year after Coronavirus government would complete its remaining tasks.

Published 27 Jan, 2021 03:21pm

Pakistan

Over 130 policemen infected with COVID-19 in three days: spokesman

He said all due care was being provided to the affected cops.

Published 27 Jan, 2021 03:19pm

Pakistan

Gunmen kill man in Quetta

According to police sources, the victim was near the Taxi Stand when armed assailants opened fire at him and fled from the scene.

Published 27 Jan, 2021 03:16pm

Markets

Greece launches new 10-year bond issue

Barclays, Citi, Deutsche Bank, Morgan Stanley, Nomura and Eurobank were appointed to jointly lead manage the issue.

Published 27 Jan, 2021 03:11pm

World

Thailand reports 819 new virus cases, 1 additional death

One additional death was reported, bringing total fatalities to 76. More than 700 of the new infections.

Published 27 Jan, 2021 03:07pm

World

Japan PM apologises after lawmakers' night club outings

Twitter users voiced their frustration.

Published 27 Jan, 2021 03:04pm

Markets

Yuan edges up to 1-week high as tight liquidity persists

Separately, traders were awaiting comments later from US Federal Reserve Chair Jerome Powell, who is likely to renew a commitment to ultra-easy policy. His remarks could affect the dollar and other currencies.

Published 27 Jan, 2021 03:01pm

Markets

Corn hits 2-week high on China demand, soybeans rise as rains disrupt Brazil harvest

Rains disrupted harvest in Brazilian soybean-growing areas, slowing down field work in the world's largest soy producer and potentially delaying planting of the country's second corn crop.

Published 27 Jan, 2021 02:59pm

Markets

CBOT soybeans may revisit Jan. 14 high of $14.35-3/4

This break is regarded as a convincing signal that the downtrend will be completely reversed. A drop to $13.78 could suggest the break was false, and the target has to be temporarily aborted.

Published 27 Jan, 2021 02:55pm

Markets

Malaysia palm oil jumps over 2% on higher US soyoil prices

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 82 ringgit, or 2.5%, to 3,348 ringgit ($827.89) a tonne by midday.

Published 27 Jan, 2021 02:53pm

World

Latest on worldwide spread of the coronavirus

The daily number of new coronavirus infections in France stayed above 20,000 on average for the fourth straight day on Tuesday, while hospitalisations reached an eight-week high of 27,041.

Published 27 Jan, 2021 02:49pm

Pakistan

IHC disposes of petition seeking online exams

The judge observed that this matter pertains to the HEC and that the court couldn’t do anything about it.
Two students, Ali Bin Shafaat and Sharyar Abbasi, filed the petition on January 18 challenging the university’s decision to hold on-campus examinations for fall semester.

Updated 27 Jan, 2021 03:26pm

Sports

Nadal, Serena support strict COVID-19 protocols in Australia

"It's super, super strict, but it's really good," she said on The Late Show With Stephen Colbert.

Published 27 Jan, 2021 02:31pm

Markets

CBOT corn may rise into $5.46-1/2 to $5.51-3/4 range

A realistic target will be $5.46-1/2 or $5.51-3/4. Support is at $5.30-3/4.

Published 27 Jan, 2021 02:20pm

Markets

Asian shares step back, Microsoft's brisk earnings boost tech optimism

The Australian dollar slipped 0.1% to $0.7739, showing muted response to stronger-than-expected local inflation data.

Published 27 Jan, 2021 02:18pm

World

Russia says nuclear arms pact extension with US agreed on Moscow's terms

The Kremlin on Tuesday said the two countries had struck a deal to extend the pact.

Published 27 Jan, 2021 02:16pm

Pakistan

Peshawar University to hold exams online this year

The development was confirmed by the varsity in a notification issued to all heads of departments informing them about the decision.
The decision from the university came at the time when students across the country are protesting demanding online exam.

Updated 27 Jan, 2021 02:33pm

Pakistan

Most-wanted terrorist named in govt’s ‘Red Book’ arrested in Karachi

Abbas Jafri is a close aide of another most-wanted terrorist Yawar Abbas.
Jafri had received training from a neighbouring country in 2014 where he was taught medical and intelligence services, said the CTD spokesperson.

Published 27 Jan, 2021 02:04pm

Pakistan

SC issues notice to NAB over Asif Zardari’s plea to transfer graft cases to Karachi

The former president wants the SC to transfer the graft cases against him from Islamabad’s accountability court to Karachi.
Issuing notices to NAB, Faryal Talpur and other respondents in the case, the SC has adjourned the hearing for a month.

Published 27 Jan, 2021 01:55pm

Pakistan

Pakistan announces token contribution of $25,000 to UN Peace-building Fund

FM says over the last 60 years, Pakistani troops and police had represented the UN in 46 peacekeeping missions across four continents of the world
A major obstacle for the developing countries in mobilizing international investment is their inability to prepare commercially viable development projects: Qureshi

Published 27 Jan, 2021 01:51pm

World

Indian Army forcibly used madrasas for Indian Republic Day events in occupied Kashmir

Residents said that Indian troops and intelligence agencies had warned the administrations of madrassas in South Kashmir of severe consequences if they did not participate in the official functions.
The people of IIOJK marked India’s Republic Day as a black day and observed it with a complete shutdown.

Published 27 Jan, 2021 01:28pm

Markets

Gold range-bound as focus shifts to Fed policy decision

Lending some support to gold were worries over a surge in global coronavirus cases, which surpassed 100 million, as countries struggle with vaccine shortfalls.

Published 27 Jan, 2021 01:18pm

Markets

China industry body sees rising steel demand in 2021, eyes raw materials safety

As the recovery of steel demand and production in overseas markets still faces difficulties amid the pandemic, the steel association anticipated China's rising imports and falling exports to continue this year.

Published 27 Jan, 2021 01:14pm

Markets

CBOT wheat may test resistance at $6.76-3/4

A break below $6.66-1/2, now a support, may cause a fall to $6.58-1/2. On the daily chart, the correction from $6.93 ended around $6.29, the 61.8% retracement.

Published 27 Jan, 2021 01:12pm

World

Israeli sex tourists aggravate UAE's human trafficking ordeal

The main victims of human trafficking hail from India, Pakistan, China, and Bangladesh
Most migrants are compelled to sign employment contracts in a language they’re unable to read and thus agreeing to conditions and wages far lower than they had been promised
Traffickers employ many tactics to force women to work, often locking the victims in small rooms without food or water and subjecting them to physical and verbal abuse

Published 27 Jan, 2021 01:06pm

Markets

South Korea shares extend losses; Fed policy, corporate earnings eyed

The won ended at 1,104.4 per dollar on the onshore settlement platform, 0.19% higher than its previous close at 1,106.5.

Published 27 Jan, 2021 01:06pm

Markets

Zinc hits over 2-month low on higher inventories, weak Chinese demand

Cash zinc on the LME has been trading at a discount to the three-month contract since June 2020, indicating abundant nearby supplies.

Published 27 Jan, 2021 01:03pm

Markets

Fresnillo forecasts 2021 gold output to fall, full-year output drops 12.1%

The precious metals miner, which owns seven operating mines in Mexico.

Published 27 Jan, 2021 12:58pm

World

Security tight at India's historic Red Fort after clashes with farmers

Hundreds of police guarded the historic Red Fort in the heart of the Indian capital on Wednesday following violent clashes between farmers and authorities in which one person was killed and at least 80 injured.
Tens of thousands of farmers, protesting against reforms of the agriculture sector that they say benefit big private buyers at the expense of growers.

Published 27 Jan, 2021 12:57pm

Markets

China stocks end higher as upbeat data signals brisk factory recovery

Yi Gang, the governor of the People's Bank of China (PBOC), also said on Tuesday that China will not exit from supporting policy prematurely.

Published 27 Jan, 2021 12:50pm

Markets

Philippine stocks silde over 1% on growth worries, Asia FX eye Fed comments

Indian shares also slid more than 1% as Amazon sought to block the sale of Future Group's $3.4 billion retail assets to Mukesh Ambani's Reliance Industries. Markets were closed on Tuesday for a public holiday.

Published 27 Jan, 2021 12:49pm

World

China says flyovers in Taiwan Strait a 'solemn warning'

Taiwan's de facto ambassador to the US was formally invited to Biden's inauguration, a precedent-setting first since 1979.

Published 27 Jan, 2021 12:42pm

Pakistan

Three killed, one hurt after vehicle falls into ditch in Jamshoro

As a result, three people were killed while one other sustained injured. Police and rescue teams rushed to the accident site immediately and began a rescue operation.

Published 27 Jan, 2021 12:32pm

World

5.2-magnitude quake hits 31 km ESE of Chitose, Japan: USGS

The epicenter, with a depth of 123.84 km, was initially determined to be at 42.6901 degrees north latitude and 141.9887 degrees east longitude.

Published 27 Jan, 2021 12:27pm

Pakistan

India's COVID-19 tally rises to 10,689,527

As many as 157 new cases and seven deaths were registered in the national capital through Tuesday.

Published 27 Jan, 2021 12:25pm

Pakistan

Woman dies, three injured in road mishap at Sari Naurang

The injured were shifted to District Headquarters Hospital Bannu.

Published 27 Jan, 2021 12:23pm

Sports

ICC announces ‘ICC Player of the Month’ award

This shortlist is then voted for by the independent ICC Voting Academy and fans around the world.

Published 27 Jan, 2021 12:19pm

Business & Finance

Saudi Arabia hosts 'Davos in Desert' amid pandemic

But the following year, the fallout over journalist Jamal Khashoggi's murder by Saudi agents in Istanbul prompted a wave of business and political leaders to pull out of the glitzy conference at the last minute.

Published 27 Jan, 2021 12:17pm

World

Heavy security, roads closed after Delhi farmer riots

"We're ready to die. This government has been ignoring us for long but they can no longer do that," Singh told AFP at the 400-year-old fort.

Published 27 Jan, 2021 12:14pm

Sports

Cricket Australia confirms Indian players racially abused

"It's definitely not acceptable in this day and age... we must make sure it doesn't happen again," he said.

Published 27 Jan, 2021 12:10pm

Markets

Virus shutdowns sap German consumer confidence

The GfK survey of some 2,000 people found that shoppers were more downbeat about Germany's economic prospects as well as their own income expectations.

Published 27 Jan, 2021 11:51am

Pakistan

British parliament praises Pakistan's 10 billion trees project

UK Environment Minister Lord Goldsmith terms the afforestation initiative as a great achievement, which the world can learn from and emulate
Lord Aamer Sarfraz says Pakistan is showing global leadership in tackling climate change

Published 27 Jan, 2021 11:50am

World

NATO prepares first summit with US President Biden

The next NATO summit is due to take place in Brussels, seat of the alliance, but timing depends on fighting the pandemic.

Published 27 Jan, 2021 11:49am

World

More than 150 charged over US Capitol rampage

The FBI has offered a $75,000 reward in that case.

Published 27 Jan, 2021 11:46am

World

AstraZeneca 'not selling EU doses to other countries': CEO

He stressed: "We're certainly not taking vaccines away from the Europeans to sell it somewhere else at the profit."

Published 27 Jan, 2021 11:45am

World

Enough Covid vaccine for 300mn Americans by end of summer/early fall: Biden

"More than 400,000 Americans have already died," he said. "This is a war-time undertaking. It's not hyperbole."

Published 27 Jan, 2021 11:43am

Sports

Arsenal sink Saints to avenge FA Cup exit

"He and Emile (Smith Rowe) were both magnificent again. They need to keep going."

Published 27 Jan, 2021 11:41am

Pakistan

Protest against on-campus exams: Lahore police register cases against 500 students

The protest turned violent when the police baton-charged and launched a crackdown against the students.
For the last few days, students have been staging protests outside the campus in favour of online exams.

Published 27 Jan, 2021 11:39am

World

Yellen makes history again as US Treasury secretary

Early in Trump's term, she did not hesitate to warn of the risks tax cuts like the one he was proposing would have on the budget deficit.

Published 27 Jan, 2021 11:38am

Sports

Five-star Man City move top of the Premier League

Gundogan made and scored the third himself by robbing the ball just outside the box and then steering home his seventh goal in eight league games.

Published 27 Jan, 2021 11:35am

Sports

Real Betis, Villarreal qualify for Copa del Rey quarter-finals

Lionel Messi will be available again after serving a two-match ban as Barcelona head to the capital to take on Rayo Vallecano on Wednesday.

Published 27 Jan, 2021 11:34am

World

Biden to end use of private prisons for US federal inmates

It became a big and profitable business, with the prison companies publicly traded on stock exchanges.

Published 27 Jan, 2021 11:30am

Technology

YouTube Shorts eyes TikTok competition with 3.5bn daily views in India

The new format is seen as a way for Google to compete with Gen Z-favorite TikTok, which currently has 700 million users worldwide.

Published 27 Jan, 2021 11:28am

Sports

Late Eriksen winner sends Inter into Italian Cup semis as Ibrahimovic sees red

Italy's top two teams in the league this season were looking to bounce back after a disappointing weekend of Serie A action.

Published 27 Jan, 2021 11:25am

World

US judge blocks Biden's deportation freeze

This legal battle, which is only just beginning, likely foreshadows a bitter, broader fight to come on the issue of immigration.

Published 27 Jan, 2021 11:22am

Sports

Bonds, Clemens, Schilling snubbed by Hall of Fame voters

Three-time World Series-winning pitcher Curt Schilling topped the voting with 285 or 71.1% but also fell just short.

Published 27 Jan, 2021 11:20am

World

Argentinian flight departs to pick up Russian vaccine doses after delay

Sputnik V is still undergoing Phase 3 trails, the final testing round before a drug is approved.

Published 27 Jan, 2021 11:18am

Pakistan

COVID-19 outbreak: Health dept establishes 14 vaccination centres across Sindh

Nine vaccination camps have been established in Karachi, including two each in the South, East and Central districts, and one each in the Korangi, Malir and West districts
The health department has deployed trained staff at these centres equipped with all the necessary equipment

Published 27 Jan, 2021 11:15am

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 27 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Ghani Auto Ind. / Jan 27 Ghani Automobile Industries Limited(GAIL)	6.80 ▲ 0.69 (13.33%)
Habib Ins. / Jan 27 Habib Insurance Company Limited(HICL)	8.50 ▲ 0.69 (13.18%)
Bawany Air / Jan 27 Bawany Air Products Limited(BAPL)	22.38 ▲ 1.89 (11.34%)
Unicap Mod. / Jan 27 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 27 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 27 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 27 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Dewan Sugar / Jan 27 Dewan Sugar Mills Limited(DWSM)	3.03 ▼ -0.10 (6.32%)
B.R.R. Mod. / Jan 27 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)

Stock	Price
Hala Enterpries / Jan 27 Hala Enterprises Limited(HAEL)	10.81 ▼ 0.97 (-11.76%)
Saritow Sp. / Jan 27 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 27 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
PICIC Insurance / Jan 27 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Pak Modaraba / Jan 27 First Pak Modaraba(PAKMI)	2.12 ▼ 0.27 (-9.40%)
First Prud Mod. / Jan 27 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Altern Energy / Jan 27 Altern Energy Limited(ALTN)	27.25 ▼ 1.75 (-8.40%)
Summit Bank / Jan 27 Summit Bank Limited(SMBL)	1.83 ▼ 0.14 (-8.04%)
Saudi Pak Leas. / Jan 27 Saudi Pak Leasing Company Limited(SPLC)	1.74 ▼ 0.25 (-7.94%)
Khurshid Spinng / Jan 27 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)

Stock	Volume
TRG Pak. / Jan 27 TRG Pakistan Limited(TRG)	29,686,000 ▼ 8.01
K-Electric Ltd / Jan 27 K-Electric Limited(KEL)	25,544,000 ▼ 0.11
Invest Cap. Bank / Jan 27 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Unity Foods / Jan 27 Unity Foods Limited(UNITY)	16,920,978 ▼ 1.02
Fauji Foods / Jan 27 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 27 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 27 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 27 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 27 Aisha Steel Mills Limited(ASL)	9,137,500 ▼ 1.32
Jahangir Sid. Co. / Jan 27 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,165,000 ▼ 0.75

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 27	160.68
USD PKR Interbank Buying / Jan 27	160.58
USD to Japanese Yen / Jan 27	103.61
USD to Swiss Franc / Jan 27	0.89
Pound Sterling to USD / Jan 27	1.37
Euro to USD / Jan 27	1.22

Stock	Volume
S&P 500 / Jan 27	3849.56
India Sensex / Jan 27	48347.59
Tokyo Nikkei / Jan 27	28546.18
Nasdaq / Jan 27	13626.07
Hang Seng / Jan 27	29391.26
FTSE 100 / Jan 27	6654.01
Dow Jones / Jan 27	30937.04
Germany DAX 30 / Jan 27	13870.99
France CAC40 / Jan 27	5523.52

Indicator	Value
UK LIBOR % / Jan 27	0.08

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