News Archives for Latest - 2020-07-13

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Archive - 2020-07-13

Asia

Half million Hong Kong people vote in pro-democracy primaries

HONG KONG: More than half a million Hong Kong people voted in primaries held by pro-democracy parties to choose...

Updated 14 Jul, 2020 03:35am

Pakistan

COVID-19 positive cases reach 251,625 across country: NCOC

He added total 1,585,170 tests had been conducted while 22,532 during the last 24 hours.

Published 13 Jul, 2020 11:52pm

Pakistan

Those who looted, plundered national wealth giving lectures on governance: Zaidi

In a tweet in response to Pakistan People's Party Chairman Bilawal Bhutto Zardari's press conference, he said that Asif Ali Zardari son tried to give lessons on governance.

Published 13 Jul, 2020 11:49pm

Pakistan

Govt to soon take decision on opening tourism sector: NA told

The tourism and travel industry and shop owners in northern areas rely heavily on business in summer months when local tourists come in large numbers to spend holidays.

Published 13 Jul, 2020 11:47pm

Pakistan

PTI not responsible for Sindh's poor condition: Ali Muhammad

The minister reminded that the PPP was at the helm of affairs in Sindh for the three decades but they could not improve the governance system there.

Published 13 Jul, 2020 11:45pm

Pakistan

One more die with coronavirus in AJK, taking death toll to 45

These include 51 more patients discharged after complete recovery in the state-controlled health facilities across AJK.

Published 13 Jul, 2020 11:44pm

Pakistan

Govt, opposition leaderships have taken unified stance on national issues: Shafqat

The minister said all the stakeholders including chief ministers were devising strategies with consensus and consultations with National Command and Operation Center (NCOC).

Published 13 Jul, 2020 11:40pm

Pakistan

K-Electric contract signed during PPP govt without ECC approval: Vowda

Faisal Vawda said the incumbent government had inherited a huge backlog of billions of rupees as result of the agreement with K-Electric besides other losses since then.

Published 13 Jul, 2020 11:21pm

Europe

UK unveils post-Brexit border plans and ad campaign

"It is time for our new start, time for us to embrace a new global destiny," he told lawmakers while unveiling the government's plans.

Published 13 Jul, 2020 09:55pm

USA

Canada's Trudeau 'sorry' over controversial charity contract

His apology came amid opposition demands for an investigation into a $900 million contract awarded by the government to development and youth advocacy organization WE Charity.

Published 13 Jul, 2020 09:52pm

Commodities

Supply angst helps copper scale two-year high

China industrial production data due Thursday.
Cash over three-month copper contract at 14-month high.

Published 13 Jul, 2020 09:22pm

Stocks

TSX rises as producer prices gain in June

Investors will be watching out for the Bank of Canada latest interest rate decision and its quarterly monetary policy report on Wednesday.
The energy sector dropped 0.4% as US crude prices were down 0.5% a barrel, while Brent crude lost 0.5%.

Published 13 Jul, 2020 09:17pm

Financial

Eurozone bonds sell off as stocks hit five-month peak

"It's been a good day for equities in general and a good day for risk," said Rabobank strategist Lyn Graham-Taylor, adding: "I think (moves) definitely will be exaggerated by quiet markets."
Rabobank's Graham-Taylor expects the EU's recovery fund to be the main driver of market moves this week.

Published 13 Jul, 2020 09:14pm

Currency

Nigeria central bank ask banks to stop processing import documents for maize

The bank asked dealers to submit existing import documents, called Form M, opened for importation of maize by Wednesday.
The government is seeking to fund a balance of payment gap of around $14 billion in 2020, according to central bank data.

Published 13 Jul, 2020 09:08pm

Stocks

Wall St advances on positive start to earnings, vaccine hopes

Analog Devices rises on $21 bln deal to buy rival Maxim.
Pepsi gains as results beat on higher demand for snacks.
Pfizer, BioNTech get 'fast track' status for vaccine candidates.
Indexes up: Dow 1.53%, S&P 1.30%, Nasdaq 1.76%.

Published 13 Jul, 2020 09:07pm

Libor

BoE's Bailey says now is the time to plan for post-Libor era

Bailey acknowledged there had been calls to step back from the Libor transition as a priority because of the shock to global financials markets caused by the coronavirus crisis.
But in my view, what we saw in financial markets in March in response to the shock of Covid only reinforces the importance of removing the financial system's dependence on Libor in a timely way.

Published 13 Jul, 2020 09:05pm

Industry

Huawei revenue growth slows to 13.1pc in first half of 2020 as US pressure continues

Revenue rose 13.1% to 454 billion yuan ($64.90 billion) in the first half of the year, compared to 401.3 billion yuan the year before.
The Chinese technology company posted the rise even as American officials have put increased pressure on the company's suppliers and customers.

Published 13 Jul, 2020 08:55pm

Europe

EU to reconsider exports over Hong Kong security law

Germany and France suggested the joint EU action.
Berlin's foreign minister said the security law meant the status quo could not continue.

Published 13 Jul, 2020 08:54pm

Middle East

Bahrain adds $470mn in coronavirus impact spending to 2020 budget

To this end, $450 million will be taken as a one-time deduction from the Future Generations Fund (FGF), a fund set up in 2006 to reinvest hydrocarbon revenues.
The decrees also announced a temporary halt to the allocation of oil revenues to the FGF until the end of 2020.

Published 13 Jul, 2020 08:53pm

Energy

OPEC chief sees oil market moving closer to balance before key meeting

OPEC+ panel meets Wednesday to review supply cut.
Producers not expected to extend supply cuts at same level.
Saudi oil exports in Aug to stay at July level.

Published 13 Jul, 2020 08:42pm

Energy

Russia's Gazprom Neft sends its first oil cargo to China via Arctic route

Gazprom Neft said on Monday it took 47 days to deliver a cargo with 144,000 tonnes of light Novy Port oil grade to the Chinese port of Yantai on the Bohai Sea from Russia's north-western city of Murmansk.
Combined with its second Arctic oil field, Prirazlomnoye in the Pechora Sea, Gazprom Neft has shipped over 40 million tonnes of Arctic oil to Europe.

Published 13 Jul, 2020 08:39pm

Industry

India's gem, jewellery exports in record fall

Factories were operating with just 10% or 20% workforce because of lockdown. Demand was also weak from overseas during the quarter.
Production is still likely to be affected in July and will return to normal levels only after restrictions are eased.

Published 13 Jul, 2020 08:24pm

Stocks

Sri Lankan shares dive 2pc on rising coronavirus cases

The benchmark CSE All Share Index closed down 2.26% at 4,879.8, its biggest one-day percentage drop since May 12 and marked its second straight session of losses.
Lanka will also delay the opening up of its airports, local media reported, quoting the country's civil aviation minister.

Published 13 Jul, 2020 08:23pm

Money & Banking

Japan's MUFG to expand lending business in Thailand with Grab's big data

While MUFG has made a large investment in Southeast Asian banks as Japan faces demographic decline and ultra-low interest rates,
Since our investment phase is over, we are not considering making a big acquisition of commercial banks immediately but will harvest profits from the investments.

Published 13 Jul, 2020 08:19pm

Financial

Yields rise, curve steepens as risk sentiment improves

Investors are now using that move as an opportunity to reset bets that long-dated yields will rise, and to reenter trades that benefit from a steeper yield curve.
Thirty-year bond yields increased four basis points to 1.365%. The gap between five-year note and 30-year bonds yields.

Published 13 Jul, 2020 08:17pm

Forex

Latam FX weakens on virus worries, Chilean central bank meeting in focus

Global COVID-19 case surpass 13 million.
Chilean central bank seen holding interest rates.
Latam stocks rise along with broader markets.

Published 13 Jul, 2020 08:11pm

Sports

Tendulkar slams loopholes in umpire referral system

Indian batting great is a long-standing critic of the decision review system (DRS).

Published 13 Jul, 2020 07:54pm

Pakistan

TPL Trakker partners with Telenor Pakistan for Location Based Services

Following the partnership, Telenor will have access to data covering 600,000 km of road network, 3 million points of interest (POIs), which will enable the telecom operator to offer tailored products and solutions for B2B customers as per their needs.

Updated 13 Jul, 2020 07:54pm

Technology

Google to invest $10 billion in India

Foreign firms have spent tens of billions of dollars in India in recent years.

Published 13 Jul, 2020 07:28pm

South Asia

Taliban car bomb attack on Afghan intel office kills 11

In two separate attacks on Sunday blamed on the Taliban, at least 19 security personnel were killed.

Published 13 Jul, 2020 07:26pm

World

World hunger worsening as coronavirus weighs and obesity rises: UN

Nearly 690 million people, or 8.9 percent of people around the globe, are hungry, the UN found.

Published 13 Jul, 2020 07:22pm

Energy

US natgas futures slide on rising output, less hot weather

Traders noted that price decline came despite a drop in liquefied natural gas (LNG) exports this month to their lowest since early 2018.
Front-month gas futures for August delivery on the New York Mercantile Exchange fell 2.7 cents, or 1.5%, to $1.778 per million British thermal units.

Published 13 Jul, 2020 07:08pm

Energy

Brazil's Petrobras, BR Distribuidora suspend imported jet fuel business amid quality concerns

Petroleo Brasileiro SA, as the firm is formally known, had said earlier on Saturday that the batch of imported jet fuel complied with the requirements laid out by Brazilian oil regulator ANP.
Petrobras Distribuidora SA, as BR Distribuidora is formally known, is partially owned by Petrobras and is Brazil's largest fuel distributor.

Published 13 Jul, 2020 07:08pm

Stocks

Dubai leads Gulf markets' retreat, blue-chips hurt Egypt

In Dubai, where real estate market has been sluggish, the index declined 0.9%, dragged down by a 2.2% fall in blue-chip developer Emaar Properties .
The benchmark index in Saudi Arabia fell 0.3%. Al Rajhi Bank lost 0.7% and oil behemoth Saudi Aramco decreased 0.5%.

Published 13 Jul, 2020 07:02pm

Stocks

Wall St opens higher on vaccine hopes, Pepsi boost

The Dow Jones Industrial Average rose 149.77 points, or 0.57%, at the open to 26,225.07
The S&P 500 opened higher by 20.04 points, or 0.63%, at 3,205.08, while the Nasdaq Composite gained 112.48 points.

Published 13 Jul, 2020 07:01pm

Middle East

IMF urges Lebanese to unite around government financial rescue plan

The government's rescue plan has served as the cornerstone of talks with the IMF and maps out massive losses in the financial system.
Arvanitis said in an online press conference that delaying taking action would only worsen the outlook for the economy.

Published 13 Jul, 2020 07:00pm

Forex

C$ rallies along with stocks; BoC decision due Wednesday

Canadian dollar rises 0.3% against the greenback.
Canadian producer prices gained 0.4% in June.
Price of US oil falls 0.4%.
Canadian bond yields rise across much of a steeper curve.

Published 13 Jul, 2020 06:58pm

Commodities

Palm oil closes higher on stronger global equities

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 15 ringgit, or 0.62%, at 2,427 ringgit ($569.32) a tonne, after rising as much as 1.45%.
Malaysian palm oil inventories at end-June fell 6.3% from a month earlier, while production jumped 14.2%,

Published 13 Jul, 2020 06:50pm

Industry

Pfizer, BioNTech's coronavirus vaccine candidates get FDA's 'fast track' status

The candidates, BNT162b1 and BNT162b2, are the most advanced of the at least four vaccines being assessed by the companies in ongoing trials in the United States and Germany.
Early data from the German trial of BNT162b1 are expected to be released in July, the companies said.

Published 13 Jul, 2020 06:47pm

Commodities

Raw sugar hits two week low; coffee, cocoa sli

October raw sugar fell 0.07 cents, or 0.6%, to 11.69 cents per lb at 1054 GMT, having hit a 2 week low of 11.67.
September New York cocoa fell $11, or 0.5%, to $2,149 a tonne.

Published 13 Jul, 2020 06:45pm

Energy

Saudi oil exports in Aug to stay at July level –sources

Saudi Arabia often burns more oil - estimated at about 550,000 barrels per day (bpd) - during the hot summer months for power generation.
This summer the demand for oil burning is set to rise more than last year due to COVID-19 movement restrictions which have forced millions of people to stay home.

Published 13 Jul, 2020 06:26pm

Forex

Dollar decline continues as investors parse economic data, earnings

The dollar ended its third week of losses on Friday as investors bought into risk-sensitive currencies on bets that the worst of the pandemic's sweeping impact was over.
The index that measures it against a basket of major currencies had slipped 0.2% by midday in London to 96.481 .

Published 13 Jul, 2020 06:25pm

Pakistan

Virus-hit Haj cuts deep for Pakistan pilgrims and businesses

Indonesia and Pakistan, the largest Muslim-majority countries by population, send the most pilgrims.
Our money is stuck in airlines. Our offices are closing because we cannot keep workers

Published 13 Jul, 2020 06:11pm

South Asia

Malaysia PM wins parliamentary test of support

He took power without an election, and there had been speculation he did not have sufficient support from MPs to hang on to power.

Published 13 Jul, 2020 06:16pm

South Asia

Fresh lockdown for 250,000 in Manila as virus surges

Residents will be allowed to go to work, but outdoor exercise will be banned.
Shops and businesses can remain open but restaurants will only be allowed to do take-aways.

Published 13 Jul, 2020 06:13pm

Europe

Moscow says Turkey's Hagia Sophia move an 'internal affair'

Russia's deputy foreign minister we proceed from the fact that this is a Turkish internal affair in which neither us nor others should interfere.

Published 13 Jul, 2020 06:10pm

Energy

Oil dips on surge in COVID-19 infections

OPEC JMMC meets this week to decide on supply cuts.
WHO reports record daily rise in new COVID-19 cases.
Libya re-imposes force majeure on oil exports.

Published 13 Jul, 2020 06:08pm

Africa

Ivory Coast vice president resigns days after PM's death

Duncan was leaving for "reasons of personal convenience", Patrick Achi, a top aide to Ouattara.
Following Gon Coulibaly's death, Ouattara's RHDP party has said it may ask the president to rethink his decision not to seek another term.

Published 13 Jul, 2020 05:58pm

Industry

EV maker Fisker to go public by merging with blank check firm at $2.9bn valuation

The proceeds are expected to be used to bring the company's first product, the Fisker Ocean, to production in late-2022.
The deal mirrors that of peer Nikola Corp, which went public last month, as investors place bets on which startup will be the next Tesla Inc.

Published 13 Jul, 2020 05:48pm

USA

Latin America virus deaths pass US as Spain lockdown blocked

Across the planet, the pandemic has infected nearly 13 million people, killed over 566,000 and triggered massive economic damage in the seven months.

Published 13 Jul, 2020 05:49pm

Money & Banking

Barclays gets capital boost ahead of potential coronavirus loan losses

The bank said it expected to report a CET1 capital ratio of 14% in half-year results later this month, up from 13.1% at the end of March.
The bank said its half-year results would reflect challenging income and impairments in its consumer and corporate business, but strength in its markets income.

Published 13 Jul, 2020 05:46pm

Stocks

Global markets rise before US earnings season

London stocks won 0.9 percent in late Monday morning deals while Frankfurt won one percent and Paris gained 0.8 percent.

Published 13 Jul, 2020 05:46pm

Sports

Mourinho targets third Europa League title with Spurs next season

Mourinho has already won the Europa League with Manchester United and with Porto and wants his side to allow him a crack at a third.

Published 13 Jul, 2020 05:40pm

Companies

Deutsche Bahn to buy 30 Siemens trains for 1bn euro

A member of the supervisory board told Reuters that the board has approved the investment to buy 30 Velaro trains which can reach speeds of up to 350 kilometres per hour.
The investment is part of the rail group's strategy to double its number of long-distance passengers by 2030.

Published 13 Jul, 2020 05:41pm

Europe

UK trade fair industry warns 30,000 jobs at risk as events yet to resume

The Events Industry Alliance (EIA) said companies would need at least eight to twelve weeks to restart exhibitions.
Failure to provide a go-live date impacts the ability of almost 180,000 businesses to recover.

Published 13 Jul, 2020 05:36pm

Middle East

IMF predicts worst Mideast downturn in half century

The economic malaise will see poverty and unemployment rise, stoking social unrest, and send budget deficits and public debt surging.

Published 13 Jul, 2020 05:37pm

Currency

Iran says virus death toll tops 13,000

Lari said another 2,349 people had tested positive for the virus, raising the overall figure in the country's outbreak to 259,652.

Published 13 Jul, 2020 05:35pm

Commodities

Gold firms above $1,800/oz on virus, subdued dollar

The dollar index eased 0.2%, after a third consecutive weekly decline.
Safe-haven gold's rise also came despite gains in European shares.
Platinum was 3.5% higher at $842.68 per ounce; palladium gained 0.7% to $1,983.71.

Published 13 Jul, 2020 05:34pm

Sports

Pogba says Man Utd now a 'proper team'

Pogba told the club's official matchday programme that players were now pulling in the same direction.

Published 13 Jul, 2020 05:32pm

Europe

Britain set to ban Huawei from 5G, though timescale unclear

PM Johnson mulls banning Huawei from 5G.
UK to put national security first - minister.
Huawei denies it spies for China.
BT cautions over going too fast.

Published 13 Jul, 2020 05:28pm

Europe

Kosovo's Thaci, at war crimes court, says 'nobody can rewrite history'

The Kosovo conflict was only ended when NATO forces launched a bombing campaign against Serbia that forced them to quit the territory.

Published 13 Jul, 2020 05:27pm

Africa

Mandela's daughter Zindzi dies in South Africa

She had been designated to become South Africa's envoy to Liberia after her stint in Copenhagen.

Published 13 Jul, 2020 05:23pm

Business & Finance

Apple to spend more than $400mn of $2.5bn California housing fund this year

The majority of the first $400 million to be spent this year is going toward two programs Apple is working on with the California Housing Finance Agency.
Under the second, Apple has worked through the agency to help provide mortgage and down payment assistance to hundreds of first-time home buyers to date.

Published 13 Jul, 2020 05:21pm

Europe

Poland's populist president narrowly wins re-election

The incumbent won a new five-year term with 51 percent in Sunday's vote.

Published 13 Jul, 2020 05:19pm

Industry

Chipmaker Analog Devices to buy rival Maxim for about $21bn

Analog offer at 22% premium.
Combined enterprise value of about $68bn.
Maxim shares up 17% in premarket trading.

Published 13 Jul, 2020 05:03pm

Sports

Manchester United's De Gea needs more trophies: Solskjaer

Spaniard will become just the second goalkeeper after Alex Stepney to make 400 appearances for the club.

Published 13 Jul, 2020 04:37pm

Pakistan

PNS Yarmook joins Pakistan naval fleet

The 2,300-tonne corvette PNS ‘Yarmook’ F-271 is capable of performing a variety of tasks and maritime operations and could also transport a helicopter and an Unmanned Aerial Vehicle (UAV).

Updated 13 Jul, 2020 04:17pm

Uzair Baloch denies all murder charges, giving confessional statement

“I swear to God, I did not kill anyone,” he told ATC.

Updated 13 Jul, 2020 03:49pm

Life & Style

Ayyan Ali is back with new music coming soon

The model and singer has been working hard to make sure her tracks "sound awesome."

Published 13 Jul, 2020 03:43pm

Money & Banking

Pakistan receives 'record high' remittances in June

On a cumulative basis, workers’ remittances increased to another “historic high level’ of $23,120.7 million during FY20, witnessing a growth of 6.4pc over $ 21,739.4mn during FY19.

Published 13 Jul, 2020 03:29pm

Pakistan

Govt allows cattle markets to operate from 6am till 7pm

NCOC said only limited visitors will be allowed.

Updated 13 Jul, 2020 03:28pm

Sports

Independent adjudicator reserves order on Umar Akmal appeal

Middle order batsman was charged by the PCB on two counts of breaching its anti-corruption code.

Updated 13 Jul, 2020 02:22pm

Sports

CAS lifts Manchester City’s Champions League ban

The Premier League side vehemently denied any wrongdoing and appealed the decision at CAS last month.

Updated 13 Jul, 2020 01:58pm

Business & Finance

PPE a silver lining for Pakistan exports, says Dawood

Pakistan has “really moved fast into that area,” said Dawood, and was optimistic that the current year would be better than the previous, with regards to PPE exports.

Published 13 Jul, 2020 01:49pm

Sports

Holder hails Gabriel's 'massive heart' as Windies beat England

The 32-year-old Trinidad quick was originally only named as a travelling reserve as he recovered from ankle surgery.

Published 13 Jul, 2020 01:30pm

Pakistan to reopen Wagah Border for Afghan exports from July 15

Pakistan decided to resume exports through the border on special request from the Government of Afghanistan.

Published 13 Jul, 2020 12:45pm

Pakistan

Punjab to setup 20 Mobile ‘Arazi’ Centers

These centers will facilitate citizens to avail of various services at their doorsteps.

Published 13 Jul, 2020 12:11pm

BR Research

Naya Pakistan Housing: The plot thickens

Here’s what we know: there is a housing subsidy of Rs30 billion that we have known for a while. There is no more...

Updated 13 Jul, 2020 12:06pm

Business & Finance

After ventilators, Pakistan to develop its own smart cricket balls

The minister called on the sports goods manufacturers of Sialkot, a city known globally for its sports products to have a joint project with the technical universities of the country to develop this product.

Published 13 Jul, 2020 11:36am

Pakistan reports 2,769 new coronavirus cases, 69 deaths in last 24 hours

Coronavirus tally has reached 251,625 and death toll 5,266.

Published 13 Jul, 2020 11:05am

Business & Finance

Abu Dhabi Fund suspends debt service repayments for Pakistan

"The sole objective behind the decision is to help them weather the economic fallout of the COVID-19 pandemic," ADFD.

Published 13 Jul, 2020 10:49am

Currency

Asian shares extend rally, U.S. earnings to test optimism

MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply last week on the back of surging Chinese stocks, which added another 1% on Monday.

Published 13 Jul, 2020 10:15am

Kashmir Martyrs Day: PM says day not far Kashmiris are liberated from India's illegal occupation

He reaffirmed Pakistan's commitment to continue to support struggle of Kashmiri people for their right to self-determination.

Updated 13 Jul, 2020 10:17am

Forex

Dollar starts week on back foot ahead of data, earnings

The dollar index against a basket of major currencies slipped 0.2% in early Monday trade to 96.452.

Published 13 Jul, 2020 10:12am

Business & Finance

Coronavirus bringing record $1 trillion of new global corporate debt in 2020

The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion, adding to years of accumulation that has left the world’s most indebted firms owing as much as many medium-sized countries.

Published 13 Jul, 2020 10:10am

Business & Finance

Oil slips as traders eye supply cut easing at OPEC meeting

Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude was at $40.27 a barrel, down 28 cents.

Published 13 Jul, 2020 10:08am

BR Research

Power surcharges – good luck with that!

The media is abuzz again about how the government is planning to finance the circular debt from the consumers. Only...

Published 13 Jul, 2020 09:25am

BR Research

Exports: the great relocation?

The marathon to attract global manufacturers diversifying away from China continues. First, it was the rising costs...

Published 13 Jul, 2020 09:24am

BR Research

Fixing the breach

Much has been written about America’s failure in containing the spread of the coronavirus within its shores. But...

Published 13 Jul, 2020 09:23am

BR Research

Interview with George Long, Chief Executive Officer, OPPO Pakistan

OPPO to bring 5G technology to Pakistan soon George Long is CEO of OPPO Pakistan, AED. Mr. Long has been with OPPO...

Published 13 Jul, 2020 09:22am

Major fire breaks out on US Navy ship in California

Colin Stowell, head of the San Diego fire department, told CNN that the fire could go on "for days" and "just burn down to the waterline."
The cause of the explosion was not immediately clear.

Published 13 Jul, 2020 05:09am

Technology

Reliance's digital unit wins Qualcomm backing in boost to 5G plans

NEW DELHI: India's Reliance Industries said on Sunday Qualcomm Inc's investment arm will buy a 0.15% stake in its...

Updated 13 Jul, 2020 03:44am

Kerb

UK Labour joins Facebook ad boycott

LONDON: Britain's main opposition Labour party said Sunday it has joined a Facebook advertising boycott over...

Updated 13 Jul, 2020 03:44am

Pakistan

KP CM directs hiring against approved vacancies in RFL Swat

PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Mahmood Khan has directed to complete recruitment process against...

Updated 13 Jul, 2020 03:42am

Pakistan

JI chief foresees political polarization

LAHORE: Chief of Jamaat-e-Islami Senator Sirajul Haq has said that the political polarization would further enhance...

Updated 13 Jul, 2020 03:42am

Pakistan

Islamabad Capital Territory: SOPs issued for cattle markets ahead Eidul Azha

ISLAMABAD: The district magistrate, Islamabad Capital Territory (ICT) has issued Standard Operating Procedures ...

Updated 13 Jul, 2020 03:41am

Pakistan

Kashmir martyrs: AJK president vows to carry forward mission

ISLAMABAD: President of Azad Jammu and Kashmir Sardar Masood Sunday vowed to carry forward the mission of Kashmiri...

Updated 13 Jul, 2020 03:40am

Pakistan

'Kashmir Martyrs Day' today

ISLAMABAD: 'Kashmir Martyrs Day' will be observed across the country including Azad Jammu and Kashmir (AJK) on ...

Updated 13 Jul, 2020 03:40am

Pakistan

Senate to consider proposed bill to increase Balochistan PA seats

ISLAMABAD: The Senate has included two bills in its agenda for the sitting on July 13 (Monday) seeking amendments in...

Updated 13 Jul, 2020 03:39am

Cotton

'Locust swarm may create food insecurity'

HYDERABAD: The locust attack on agriculture lands devastated fruits, vegetables and other major and minor crops in...

Updated 13 Jul, 2020 03:39am

Pakistan

The Weather

KARACHI: The weather report on Sunday (July 12, 2020) and the forecast for Monday (July 13, 2020)....

Updated 13 Jul, 2020 03:38am

World

Britain, France agree joint unit to fight migrant traffickers

CALAIS: The interior ministers of France and Britain on Sunday signed an agreement creating a new joint police...

Updated 13 Jul, 2020 03:37am

Exchange

4 soldiers martyred, 4 terrorists killed in NWA

ISLAMABAD: Inter Service Public Relations (SPR) said on Sunday that as many as four terrorists have been killed...

Updated 13 Jul, 2020 03:36am

Three generations of Bachchan family hit by Covid-19

MUMBAI: Revered Bollywood actor Amitabh Bachchan's daughter-in-law and granddaughter have joined him and his son in...

Updated 13 Jul, 2020 03:36am

Business & Finance

Construction sector: PM moves to revive Covid-hit economy with surge

ISLAMABAD: Prime Minister Imran Khan has made another move to revive the coronavirus-hit economy with an initiative...

Updated 13 Jul, 2020 03:33am

Business & Finance

China economy rebounds in Q2 after virus hit

BEIJING: China returned to growth in the second quarter after the coronavirus pandemic handed the world's second...

Updated 13 Jul, 2020 03:33am

Business & Finance

Kuwait asks parliament to approve debt law to help cover deficit

KUWAIT: Kuwait's government formally submitted a public debt law to parliament on Sunday which would allow it to...

Updated 13 Jul, 2020 03:32am

Business & Finance

Britain pledges £705 million to prepare post-Brexit borders

LONDON: Britain on Sunday pledged £705 million ($890 million, 788 million euros) to prepare its borders for cutting...

Updated 13 Jul, 2020 03:31am

Life & Style

Aaj TV - Monday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 13 Jul, 2020 03:30am

Middle East

Coronavirus claims over 20,000 lives across Mideast

PARIS: The novel coronavirus pandemic has killed more than 20,000 people across the Middle East, half of them in...

Updated 13 Jul, 2020 03:29am

South Asia

Sri Lanka cancels election rallies over new virus wave

COLOMBO: Sri Lanka's ruling party Sunday called off its rallies ahead of upcoming parliamentary elections and ...

Updated 13 Jul, 2020 03:28am

Europe

Divided Poland votes

WARSAW: Poles voted on Sunday in a razor edge presidential run-off election between a populist incumbent allied with...

Updated 13 Jul, 2020 03:27am

World

EU concern at UN Syria aid plan

BRUSSELS: The EU on Sunday voiced "deep concern" at a UN move to close an access point for humanitarian aid to...

Updated 13 Jul, 2020 03:27am

Pakistan

Covid-19: Sindh records 48 more deaths: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that 48 more patients of Covid-19 lost their lives ...

Updated 13 Jul, 2020 03:26am

Pakistan

Senior Hurriyat leader Sehrai arrested in IOK

OCCUPIED SRINAGAR: In occupied Kashmir, Indian police arrested senior Hurriyat leader and Chairman of Tehreek...

Updated 13 Jul, 2020 03:24am

Pakistan

PPP behind media campaign against Haleem Adil: PTI leaders

KARACHI: Pakistan Tehreek-e-Insaf (PTI) leaders said on Sunday the media campaign targeted against Haleem Adil ...

Updated 13 Jul, 2020 03:23am

Pakistan

Rain-thundershowers with windstorm likely

ISLAMABAD: Pakistan Meteorological Department has forecast rain-thundershowers with windstorm in upper/central...

Updated 13 Jul, 2020 03:22am

Pakistan

NCOC's meeting to be held in Lahore today

ISLAMABAD: An important meeting of National Command and Operation Centre (NCOC) will be held in Lahore on Monday ...

Updated 13 Jul, 2020 03:21am

Pakistan

NICVD sets up CPU in Umerkot

KARACHI: National Institute of Cardiovascular Diseases (NICVD) in collaboration with the Government of Sindh has...

Updated 13 Jul, 2020 03:21am

Pakistan

KP government issues SOPs for cattle market ahead of Eidul Azha

PESHAWAR: Special Assistant to KP CM on Information, Kamran Khan Bangash has said that the Khyber Pakhtunkhwa...

Updated 13 Jul, 2020 03:20am

Pakistan

986 bodies of Pakistani expats brought to country so far: OP&HRD

ISLAMABAD: Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) Sunday said more than 980...

Updated 13 Jul, 2020 03:19am

Revenue department hands over asset details of minister to NAB

ISLAMABAD: The revenue department Rawalpindi has reportedly handed record of Minister for Aviation Ghulam Sarwar...

Updated 13 Jul, 2020 03:16am

Trump finally dons mask

BETHESDA: US President Donald Trump finally yielded to pressure and wore a face mask in public for the first time, ...

Updated 13 Jul, 2020 03:16am

Exchange

SBP chief optimistic about forex reserves, rupee-dollar parity

KARACHI: The State Bank of Pakistan (SBP) has so far provided some Rs 1.3 trillion financial relief package to...

Updated 13 Jul, 2020 03:15am

Khunjrab to Islamabad: New optical fibre cable operationalized

ISLAMABAD: Special Assistant to the Prime Minister on Information and Broadcasting, Lt-Gen Asim Saleem Bajwa (retd)...

Updated 13 Jul, 2020 03:15am

CAA to be split into two regulators

ISLAMABAD: The federal government is likely to constitute two regulatory bodies to segregate regulatory and...

Updated 13 Jul, 2020 03:14am

PM's Housing initiative: Banks directed to dedicate 5pc of portfolios

ISLAMABAD: The government has stated that the banks have been instructed to dedicate five percent (Rs 330 billion) ...

Updated 13 Jul, 2020 03:14am

Business & Finance

BMP opposes proposal of shifting FPCCI head office to Islamabad

KARACHI: Businessmen Panel (BMP) secretary general (Federal) Ahmad Jawad has opposed the move of the incumbent FPCCI...