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Archive - 2020-08-13
England on top despite Abid Ali half century for Pakistan
Sports

England on top despite Abid Ali half century for Pakistan

  • The tourists chose to bat first and were fortunate not to lose more wickets as the bounce, movement off the seam and swing through the air in hot.
  • Burns also caught visiting captain Azhar Ali (20) from the bowling of James Anderson (2-35).
Published 13 Aug, 2020 11:48pm
Oil slips after IEA lowers 2020 demand forecast
Energy

Oil slips after IEA lowers 2020 demand forecast

  • The Organization of the Petroleum Exporting Countries (OPEC) also said that world oil demand will fall by 9.06 million bpd this year.
  • Wall Street has recovered most of the trillions in market capitalization lost in the early part of the pandemic.
Published 13 Aug, 2020 11:16pm
Wells Fargo's chief compliance officer quits
Companies

Wells Fargo's chief compliance officer quits

  • Chief Compliance Officer Mike Roemer will be replaced by Paula Dominick.
  • The move comes after Wells Fargo said in July that Mike Santomassimo would replace John Shrewsberry as chief financial officer.
Published 13 Aug, 2020 11:13pm
Weak demand for record-size 30-year US debt auction
Financial

Weak demand for record-size 30-year US debt auction

  • Investors had modest appetite for the offering, which was $4 billion larger than the last auction of new 30-year bonds in May.
  • Yields on the 30-year bond had risen to their highest level in a month in anticipation of the additional supply.
Published 13 Aug, 2020 11:10pm
Rupee strengthens against dollar
Exchange

Rupee strengthens against dollar

  • The State Bank of Pakistan reported that in interbank, the price of euro appreciated by Rs. 1.07 to close at Rs. 198.67 against the last day’s trading of Rs. 197.61.
Published 13 Aug, 2020 07:51pm
Bulked-up Starc hopes to test 160kph mark
Sports

Bulked-up Starc hopes to test 160kph mark

The left-armer is one of only a handful of bowlers to have recorded a delivery over that mark, sending down a sizzling 160.4 kph yorker during the second Test against New Zealand at the WACA in 2015.
Published 13 Aug, 2020 04:36pm
Czech senate speaker, Prague mayor to visit Taiwan
Exchange

Czech senate speaker, Prague mayor to visit Taiwan

  • "The visit aims to highlight speaker Vystrcil's determination to uphold democracy and freedom, and that he would not succumb to the intimidation of authoritarian China," the ministry said in a statement.
Published 13 Aug, 2020 04:26pm
How to travel on BRT Peshawar?
Business & Finance

How to travel on BRT Peshawar?

  • The track of BRT Peshawar is 27 km long on which 220 air-conditioned buses will run.
  • There are two routes of seven and thirty-one stops for the convenience of the public and the initial fare of the bus is only Rs10.
Updated 13 Aug, 2020 02:13pm
Oil edges lower after jump on U.S. stocks draw
Commodities

Oil edges lower after jump on U.S. stocks draw

  • Brent crude was down 8 cents at $45.35 a barrel by 0150 GMT, after a gain of around 2% in the previous session. West Texas Intermediate oil was down by 6 cents at $42.61 a barrel after gaining 2.6% on Wednesday.
Published 13 Aug, 2020 10:30am
Private sector credit
BR Research

Private sector credit

For private sector credit offtake, FY20 wasn’t a good year. Data compiled by the central bank shows that less than...
Published 13 Aug, 2020 09:15am
Autos: No Sicilian Defense
Exchange

Autos: No Sicilian Defense

Globally, the automotive industry is experiencing a swift transformation, one that had already started setting its...
Published 13 Aug, 2020 09:15am
Biden’s bet
BR Research

Biden’s bet

Less than three months are left in US presidential elections, but the run-up to November 3 poll has been...
Published 13 Aug, 2020 09:14am
Attock Petroleum Limited
Currency

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is an oil marketing company and is part of the Attock Oil Group of Companies. ...
Published 13 Aug, 2020 09:13am
NA passes five FATF-related bills

NA passes five FATF-related bills

ISLAMABAD: In a bid to get the country out of the Financial Action Task Force's (FATF's) grey list, the treasury and...
Updated 13 Aug, 2020 03:40am
UK suffers record recession

UK suffers record recession

LONDON: Britain's economy shrank by a record 20.4% in the second quarter when the coronavirus lockdown was tightest,...
Updated 13 Aug, 2020 03:40am
KE rejects allegations by Nepra

KE rejects allegations by Nepra

ISLAMABAD: Karachi Electric (KE) has reportedly brushed aside allegations leveled by National Electric Power...
Updated 13 Aug, 2020 03:33am
LSMIs output down 10.17pc YoY
Cotton

LSMIs output down 10.17pc YoY

ISLAMABAD: The Large-Scale Manufacturing Industries (LSMIs) output declined by 10.17 percent in the fiscal year...
Updated 13 Aug, 2020 03:32am
NCC on SMEs constituted
Exchange

NCC on SMEs constituted

ISLAMABAD: The government has constituted the National Coordination Committee on Small and Medium Enterprises ...
Updated 13 Aug, 2020 03:28am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Wednesday (August 12, 2020) and the forecast for Thursday (August 13, 2020)....
Published 13 Aug, 2020 02:31am
Climate change researcher dies
World

Climate change researcher dies

COPENHAGEN: A prominent Swiss-American glaciologist specialising in climate change has died in an accident in...
Published 13 Aug, 2020 02:31am
Currency notes: exchange rates
Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 13 Aug, 2020 02:31am
JLI MEESEQ Fund Rates
Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Wednesday (August 12, 2020). ======================== Offer Price 1,172.0096 ...
Published 13 Aug, 2020 02:31am
JLI MANAGED TAKAFUL FUND
Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Wednesday (August 12, 2020). ======================== Offer Price...
Published 13 Aug, 2020 02:31am
EFU AGGRESSIVE FUND RATES
Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Wednesday (August 12, 2020). ======================== Offer Price ...
Published 13 Aug, 2020 02:31am
BOARD MEETINGS
Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....
Published 13 Aug, 2020 02:31am
THE RUPEE: Positive behaviour
Currency

THE RUPEE: Positive behaviour

KARACHI: On Wednesday, Pakistan Rupee generally exhibited a positive behaviour. It gained value against USD in both...
Published 13 Aug, 2020 02:31am
Shipping Intelligence
Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (August 12, 2020)....
Published 13 Aug, 2020 02:31am
Lahore Paper Market Rates
Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Wednesday (August 12, 2020). ======================================= Offset...
Published 13 Aug, 2020 02:31am
Lahore Grain Market Rates
Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (August 12, 2020)...
Published 13 Aug, 2020 02:31am
Bullion Rates
Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (August 12, 2020)....
Published 13 Aug, 2020 02:31am
FTSE climbs to 3-week highs
Stocks

FTSE climbs to 3-week highs

LONDON: London's FTSE 100 closed at three-week highs on Wednesday as investors cheered monthly data that showed a...
Published 13 Aug, 2020 02:31am
China stocks down
Stocks

China stocks down

SHANGHAI: Chinese shares fell for a second straight session on Wednesday after global market sentiment soured on the...
Published 13 Aug, 2020 02:31am
Japan shares rise
Stocks

Japan shares rise

TOKYO: Japanese stocks edged higher on Wednesday as some investors bought shares of major exporters on the back of a...
Published 13 Aug, 2020 02:31am
CBOT corn futures flat
Grains

CBOT corn futures flat

CHICAGO: Chicago Board of Trade corn futures were flat on Tuesday as traders said the United States would have...
Published 13 Aug, 2020 02:31am
Private sector investment
Currency

Private sector investment

ARTICLE: Pakistan is amongst the nations with the lowest investment and saving rates in the world. This has...
Published 13 Aug, 2020 02:31am
AAJ PROGRAM SCHEDULE
Life & Style

AAJ PROGRAM SCHEDULE

Thursday, August 13, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE...
Published 13 Aug, 2020 02:31am
Gold recovers in Europe
Commodities

Gold recovers in Europe

LONDON: Gold recovered after dipping below the key $1,900 level at one point on Wednesday and registering its worst...
Published 13 Aug, 2020 02:31am
Copper moves higher
Commodities

Copper moves higher

LONDON: Copper rose on Wednesday as stock markets rallied, oil prices climbed and the dollar weakened, though...
Published 13 Aug, 2020 02:31am
Raw sugar gains
Commodities

Raw sugar gains

LONDON: Raw sugar futures on ICE rose on Wednesday as risk appetite improved in the wider financial markets, ...
Published 13 Aug, 2020 02:31am
Cotton Spot Rates
Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (August 12, 2020)....
Published 13 Aug, 2020 02:31am
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,936. The traded value...
Published 13 Aug, 2020 02:31am
Gold shows record fall
Commodities

Gold shows record fall

KARACHI: Gold on Wednesday saw a single day record fall of Rs6100 per tola to Rs120000 on the local market, traders...
Published 13 Aug, 2020 02:31am
State of the economy
Currency

State of the economy

EDITORIAL: The Cabinet was briefed on the state of the economy showing a markedly improved position for fiscal year...
Published 13 Aug, 2020 02:31am
Towards a greener Pakistan
Editorials

Towards a greener Pakistan

EDITORIAL: Prime Minister Imran Khan launched a massive reforestation project on Sunday with the planting of 3.5...
Published 13 Aug, 2020 02:31am
KE CEO granted protective bail

KE CEO granted protective bail

KARACHI: Sindh High Court (SHC) Wednesday granted protective bail to K-Electric Chief Executive Officer (CEO) Syed...
Published 13 Aug, 2020 02:31am
Media mogul Sumner Redstone dies

Media mogul Sumner Redstone dies

NEW YORK: Viacom and CBS Chairman Emeritus Sumner Redstone, the media mogul who took his father's movie theatre ...
Published 13 Aug, 2020 02:31am