News Archives for Latest - 2020-09-11

Exchange

Euronext, Deutsche Boerse vie for Milan stock exchange

The statement did not provide any financial details.

Published 11 Sep, 2020 11:57pm

Kerb

Facebook out to recruit poll workers for US election

Facebook is also offering workers paid time off in the US to volunteer to staff polling stations, Zuckerberg noted.

Published 11 Sep, 2020 11:55pm

Spanish virus cases soar by over 12,000

In the last seven days the country recorded 241 virus deaths.

Published 11 Sep, 2020 11:53pm

Africa

Gunmen kill 6 in Burundi shooting: government official

"But military operations are underway to try to nip them in the bud."

Published 11 Sep, 2020 11:51pm

World

Police accused of murdering George Floyd appear together in court for 1st time

But Thao's attorney Robert Paule acknowledged that finding potential jurors who had not seen the news of the case could be impossible.

Published 11 Sep, 2020 11:47pm

USA

UN reaches deal to name new Libya envoy, coordinator: diplomats

Guterres had tapped former Algerian foreign minister Ramtane Lamamra, but Washington nixed his nomination for reasons that were not made public.

Published 11 Sep, 2020 11:45pm

Tehran province blast kills 1, damages buildings: media

Officials have said the blasts were accidents, but some Iranian media suspected covert Israeli operations were responsible.

Published 11 Sep, 2020 11:43pm

Coronavirus: latest global developments

The pandemic has killed at least 910,300 people worldwide since surfacing in China late last year, according to an AFP count at 1100 GMT on Friday based on official sources.

Published 11 Sep, 2020 11:41pm

World

Israel premier announces normalisation deal with Bahrain

A high-level Israeli source had this week suggested to a AFP that a deal with Bahrain was the closest to being secured.

Published 11 Sep, 2020 11:39pm

World

Greece boosts emergency effort after Lesbos migrant camp fire

Greece's conservative government has toughened its asylum restrictions, slashing cash benefits and accommodation provisions to discourage further migration.

Published 11 Sep, 2020 11:35pm

Trump announces Bahrain, Israel 'peace deal'

This agreement adds to the historic peace with the United Arab Emirates," Netanyahu said in a Hebrew-language statement.

Published 11 Sep, 2020 11:33pm

World

Palestinians condemn Israel-Bahrain accord

The agreement was "a stab in the back of the Palestinian cause and the Palestinian people," like the UAE-Israel deal.

Published 11 Sep, 2020 11:31pm

Editorials

A perpetual revolving door

EDITORIAL: The removal of Punjab Inspector General (IG) Police Shoaib Dastagir comes as the latest episode in what...

Updated 11 Sep, 2020 10:16pm

Pakistan

Tribal land disputes become serious challenge for KP government

ISLAMABAD: The land disputes, which have so far claimed about 70 lives in various newly created tribal districts,...

Updated 11 Sep, 2020 10:03pm

Stocks

NYSE indicates it will exit New Jersey if state taxes stock trades

The NYSE plans to announce that it will run one of its exchanges from a backup site in Chicago for a week as a sign of its intention to move out of New Jersey.
NYSE's plans were first reported by the Wall Street Journal on Friday.

Published 11 Sep, 2020 09:12pm

Energy

Oil climbs as US stock market strengthens, but heads for weekly loss

Brent rose 19 cents, or 0.5%, to $40.25 a barrel by 11:07 a.m. ET (1507 GMT). US crude was up 42 cents, or 1.1%, at $37.72 a barrel.
Both benchmarks were down about 5% for the week.

Published 11 Sep, 2020 09:09pm

Forex

Risk appetite aids South Africa's rand recovery, stocks up

Data in the week showed the economy shrank 51% in the second quarter due to coronavirus restrictions.
The net result was turbulent trading for the rand, but dealers said the still-high yield, or carry, offered by the currency was sustaining demand.

Published 11 Sep, 2020 09:05pm

Energy

Asian LNG prices stable as both demand and supply rise

Buyers from China, Thailand, Mexico look for cargoes.
US Sabine Pass plant resumes production after hurricane.
US, Australian production expected to rise.

Published 11 Sep, 2020 09:01pm

Sports

Klopp laments switch back to three substitutes ahead of new season

I thought from a common sense point of view it would be clear we will have 20 (players in the squad) and five (substitutes).
Now it is 18 (in the squad) and three (substitutes), so you have to rotate more, you need numbers and fit players.

Published 11 Sep, 2020 08:57pm

Currency

Used cars drive US consumer prices higher in August

Consumer price index increases 0.4% in August.
CPI rises 1.3% on year-on-year basis.
Core CPI gains 0.4%; up 1.7% year-on-year.

Published 11 Sep, 2020 08:55pm

Money & Banking

Bank of England set to show it's ready for more stimulus

The BoE has enough firepower in its bond-buying programme to last until the end of 2020.
Britain's economy suffered the biggest contraction of all Group of Seven economies in the second quarter before regaining half of the crash by the end of July.

Published 11 Sep, 2020 08:52pm

Financial

Yields drop despite higher inflation, after supply passes

But yields fell after the data, with the 10-year note yields last down one basis point on the day at 0.676%.
The 10-year yields reflect pessimism that the Federal Reserve will be able to lift inflation, despite fiscal stimulus and ongoing quantitative easing.

Updated 11 Sep, 2020 08:52pm

Forex

Canadian dollar steady but on track to end weekly win streak

Canadian dollar trades near flat against greenback.
Loonie on track to fall 1% for the week.
Canadian industrial capacity tumbles to 70.3% in Q2.
Canadian government bond yields were little changed.

Published 11 Sep, 2020 08:19pm

Commodities

China maintains strong demand for US corn, soy

A USDA report released Friday showed that export sales of soybeans to China totaled 1.608 million tonnes in the week ended Sept. 3
China also has been ramping up its US corn imports, as the country faces its first real corn shortfall of corn in years.

Published 11 Sep, 2020 08:16pm

Stocks

TSX rises as US tech stock rout cools

The energy sector climbed 0.5% even as US crude prices were down 0.2% a barrel, while Brent crude lost 0.8%.
The financials sector gained 0.5%, while the industrials sector rose 0.7%.

Published 11 Sep, 2020 08:14pm

Money & Banking

Danske Bank admits it knew of erroneous debt collection for years

Denmark's financial watchdog last week launched an inquiry into how Danske had wrongly collected debt from up to 106,000 customers.
There has been knowledge about at least parts of the problem in different parts and levels of the organisation, including leaders, during the years.

Published 11 Sep, 2020 08:12pm

Forex

Wall Street climbs as Oracle leads tech stocks higher

Oracle hits record high after results beat.
Major US stock indexes headed for second weekly drop.
Indexes up: Dow 0.36%, S&P 0.31%, Nasdaq 0.29%.

Published 11 Sep, 2020 08:09pm

Financial

British insurer Aviva to sell Singapore business for $1.98bn

Aviva's shares jumped higher and were up 4.8% at 302.2 pence.
The sale of Aviva Singapore is a significant first step in our new strategy to bring greater focus to Aviva's portfolio.

Published 11 Sep, 2020 08:02pm

USA

Mexico's industrial output recovery slows in July

Mexican industrial output rose 6.9% in July from June but was down 11.3% year-over-year.
The level of industrial production for the month grew less than in June, when output rose nearly 18% compared to May.

Published 11 Sep, 2020 08:00pm

Commodities

Raw sugar hits 1-1/2 month low as real recovers, ample supplies weigh

A strong real encourages Brazilian exports of dollar-priced sugar by raising returns in local currency terms.
October white sugar slipped $0.10, or 0.03%, to $354.20 a tonne.

Published 11 Sep, 2020 07:57pm

South Asia

Philippines urges amicable approach to Beijing over South China Sea

Philippines retracts tough statement, softens approach.
Malaysia, Philippines, Vietnam have complained about China.
Wei on SE Asia tour as US-China rivalry heats up.

Published 11 Sep, 2020 07:55pm

Middle East

Bahrain to normalise ties with Israel, Israeli media say

Donald Trump would on Friday announce that Bahrain was joining the United Arab Emirates in formally establishing ties with Israel.
Trump will on Tuesday host a White House ceremony solemnising the Israel-UAE deal.

Updated 11 Sep, 2020 07:55pm

Pakistan played key role in process of initiating intra-Afghan peace talks, says PM

Welcoming the start of peace process, Imran says it is now up to the Afghan administration to work towards maintaining peace in the region which the people of Afghanistan have been waiting for years

Published 11 Sep, 2020 07:32pm

Stocks

Tesla shares set to rally for third day after record slump

Tesla shares were up 3.2% in trading before the bell, building on a 12.5% jump in the past two days.
The carmaker's dizzying 500% surge this year has come courtesy of improved headline results and a flood of money into technology-linked shares.

Published 11 Sep, 2020 07:18pm

World

Afghan negotiators, Pompeo depart for Doha peace talks with Taliban

U.S Secretary of State Mike Pompeo welcomed the impending "historic" talks while himself on his way to Doha for the inauguration event.
Pompeo is also scheduled to arrive in Doha on Friday, ahead of Saturday's opening ceremony,
The Taliban had hitherto refused to have direct talks with a government that the group says is powerless.

Updated 11 Sep, 2020 07:14pm

Europe

Morgan Stanley hikes chance of WTO-style Brexit to 40pc

Morgan Stanley hike chances of WTO-style Brexit outcome to 40%.
Risk higher if hopes build of close US trade deal.
Sees WTO terms wiping 10% off pound, whereas deal would lift it.

Published 11 Sep, 2020 06:44pm

Stocks

Shares struggle to shake off bearish mood

European stocks edge higher.
Sterling falls to 5-1/2-month lows.
Greenback set for second week of gains.
Oil prices back under pressure.

Published 11 Sep, 2020 06:42pm

Middle East

Explosive material found in Beirut port after blast was stored for years, says president

The army said on Sept. 2 it had discovered a stockpile close to the port of 4.35 tonnes of ammonium nitrate.
Critics said the lack of proper care and attention in storing such highly explosive material revealed the depth of dysfunction in the way Lebanon has been governed.

Published 11 Sep, 2020 06:39pm

Technology

TikTok owner ByteDance to invest billions in Singapore over three years

ByteDance has also stepped up the purchase of servers in global trade and transport hub Singapore to back up US data as a contingency.
The Chinese firm is being forced by President Donald Trump to sell TikTok's US assets to avoid a ban in United States.

Published 11 Sep, 2020 06:38pm

World

Russia and China dismiss Microsoft allegations of bids to hack Biden and Trump camps

Russia has not interfered, is not interfering and does not intend to interfere in anyone's internal affairs, or electoral processes.
The announcement by Microsoft's vice president for customer security, Tom Burt, said the group accused of breaching Hillary Clinton's campaign emails in 2016.

Published 11 Sep, 2020 06:35pm

Energy

US natgas futures fall to fresh 4-week low on cooler forecasts

That price decline came despite a continued increase in liquefied natural gas (LNG) exports and record sales to Mexico.
The amount of gas flowing to US LNG export plants was on track to average 4.5 bcfd in September.

Published 11 Sep, 2020 06:34pm

Sports

Messi staying at Barca 'fantastic' says coach Koeman

It's great, everyone knows he's the best player in the world, so to have that player in your team is exceptional.
"It's good to have a friendly, all the players will have 45 minutes to reach the intensity levels we want to see."

Published 11 Sep, 2020 06:31pm

Technology

Facebook launches legal action against Irish watchdog over data transfers

The US social media giant urged regulators "to adopt a pragmatic and proportionate approach until a sustainable long-term solution can be reached,"
The Irish commission, Facebook's lead regulator in the EU, had commenced an inquiry into the company controlled EU-US data transfers.

Published 11 Sep, 2020 06:29pm

Companies

Nissan to issue $8bn in dollar-denominated debt

The bond sale marks Nissan's first dollar-denominated debt issuance since its capital alliance with France's Renault SA in 1999.
Later on Friday IFR reported Nissan would sell some 2 billion euros ($2.37 billion) in euro-denominated debt.

Published 11 Sep, 2020 06:13pm

Jinnah's vision of vibrant, peaceful Pakistan remains our goal, says COAS Bajwa

Army chief says under Quaid-e-Azam's leadership, the country emerged as a separate sovereign state

Published 11 Sep, 2020 06:18pm

Commodities

Brazil coffee farmers see losses from drought in 2021 crop

Social media chat groups frequented by coffee farmers in Brazil have been flooded in recent days with pictures and videos of crops in bad shape.
Market players, however, believe coffee fields will regain strength once rains arrive between late September and early October.

Published 11 Sep, 2020 06:12pm

Commodities

Gold slips as ECB gives no stimulus cue

Spot gold was down 0.5% at $1,945.18 per ounce by 1040 GMT, after hitting its highest level since Sept. 2 at $1,965.94 on Thursday. Gold has gained 0.7% this week.
US gold futures fell 0.6% to $1,953.40.

Updated 11 Sep, 2020 06:11pm

Technology

Microsoft takes aim at Sony with cloud gaming service

Subscribers to Xbox Game Pass Ultimate, priced at $14.99 monthly, will be able to play more than 150 games via the cloud on Xbox consoles, Android devices and PCs.
We built this experience so that it requires as little bandwidth as possible.
The Xbox Game Pass service has more than 10 million members.

Published 11 Sep, 2020 05:41pm

USA

Judge to hear arguments in George Floyd case, four ex-officers in court

The hearing will mark the first time that Derek Chauvin appears in court in person since being charged with second-degree murder,
The incident, in which Chauvin, who is white, and three other former policemen were arresting Floyd in a Minneapolis neighborhood,

Published 11 Sep, 2020 05:34pm

Commodities

China demand, historically low stocks boost copper

Copper should remain supported in the mid $6,000s. Much of the risk in the short term comes from non-copper specific factors.
A lower US currency makes dollar-priced metals cheaper for holders of other currencies, which could boost demand.

Published 11 Sep, 2020 05:32pm

Companies

Japan's Orix to invest $980mn in Indian renewables firm Greenko

The move comes as Japanese companies including utilities, oil refineries and trading houses.
Orix will take a stake of more than 20% in Greenko within this year.
Orix said in 2017 it would buy a stake in Israeli geothermal energy producer Ormat Technologies Inc for $627 million.

Published 11 Sep, 2020 05:29pm

Forex

Euro firms as ECB policymakers calm worries; Norwegian crown shoots up

Nokkie up 0.8% vs dlr after better economic projections.
Dollar index poised for second week of gains on equity falls.
Sterling reaches new 5-1/2-month low vs euro on Brexit fears.

Published 11 Sep, 2020 05:26pm

Middle East

Israeli minister says visit by UAE delegates under review as lockdown looms

The delegates were expected to come to Israel to reciprocate last week's groundbreaking visit to Abu Dhabi by Israeli and US envoys.
"I reckon that they will also appreciate the fact we are protecting the health of the citizenry, and, if we are forced to postpone the delegation, will accept this with understanding."

Published 11 Sep, 2020 05:24pm

Industry

Creditors to inject $2 bln into Asiana Airlines after sale collapses

Kumho Industrial pulled the 2.5 trillion won ($2.11 billion) sale of the South Korean to Hyundai Development Co and brokerage Mirae Asset Daewoo.
Mirae Asset said it will respond according to future progress as a financial investor.

Published 11 Sep, 2020 05:20pm

Energy

Oil steady as US stock market slides, inventories rise

Brent was down 2 cents, or less than 0.1%, at $40.04 a barrel by 1128 GMT, while US crude was up 12 cents, or 0.3%, to $37.42 a barrel.
Financial markets are continuing to set the tone, including on the oil market. The renewed slide on US stock markets dragged oil prices down with it.

Published 11 Sep, 2020 05:19pm

Europe

UK extradition hearing for Assange to resume Monday after negative COVID test

Judge Vanessa Baraitser granted an adjournment on Thursday after being told one of the lawyers representing the United States might have been exposed to the virus.
The hearing at London's Old Bailey court will now resume as planned, a court official said.

Published 11 Sep, 2020 05:16pm

Commodities

Soybeans at new 2-year peak on China sales, corn at 6-month high

Soybeans up 13% so far in 5 weeks amid run of China demand.
German swine fever case raises demand hopes for US feed.
Market awaits USDA corn, soy crop revisions after weather snags.

Published 11 Sep, 2020 05:15pm

Europe

European Commission to propose more ambitious 2030 climate goal

The EU executive, asked about the new target, said it did not comment on leaked documents.
The Commission will make its proposal for the new 2030 climate target next week.

Published 11 Sep, 2020 05:11pm

Technology

IBM says US should adopt new export controls on facial recognition systems

The company said in a statement the United States should institute new export limits on "the type of facial recognition system most likely to be used in mass surveillance systems.
The Commerce Department's July notice said China "has deployed facial recognition technology in the Xinjiang region.

Published 11 Sep, 2020 05:09pm

Sports

Azarenka and Osaka have unfinished business at US Open final

"Very excited about that (final). I'm as excited as I was last time," Azarenka told reporters after taking down Serena Williams in Thursday's semi-final at the Arthur Ashe Stadium.
"I'm sure this time we're going to get to play and it's going to be a great match. I think it's going to be an amazing final, I hope it will be. I'll have fun."

Published 11 Sep, 2020 05:01pm

WHO chief calls for solidarity, global leadership to defeat COVID-19 pandemic

Tedros says there is still a $35 billion funding gap for the proposed Access to COVID-19 Tools Accelerator program

Published 11 Sep, 2020 05:02pm

Business & Finance

GIDC Issue: Hafeez Shaikh directs to form two separate sub-groups

The development comes during two separate meetings with representatives from the fertilizer industry and All Pakistan Textile Mills Association to discuss the GIDC issue on Friday.

Published 11 Sep, 2020 04:20pm

Sports

England's Morgan has an eye on World Cup in Australia ODI series

Captain Morgan is anticipating a gentle turner at Old Trafford.

Published 11 Sep, 2020 04:12pm

Motorway rape incident: Police nab two suspects who used victim's ATM card

The police have taken the DNA samples of the accused and sent them for medical analysis

Updated 11 Sep, 2020 04:02pm

Money & Banking

Summit Bank appoints Waseem Mehdi as Chairman

Furthermore, the Board of Directors has also approved the appointed of Ahsan Raza Durrani as the Acting Chief Executive Officer (CEO) of the Bank until December 30, 2020.

Published 11 Sep, 2020 03:43pm

Pompeo welcomes 'historic' Afghan peace talks

Pompeo's arrival in Doha on Friday would coincide with the 19th anniversary of the 9/11 attacks on the United States that triggered U.S. military involvement in Afghanistan against the Taliban

Published 11 Sep, 2020 03:04pm

Sports

Cricket South Africa rejects SASCOC bid to sideline embattled board

SASCOC told Reuters on Thursday night that the embattled board of CSA was asked to step aside.

Updated 11 Sep, 2020 03:04pm

Sports

Messi ban over; can play v Ecuador, says AFA president

Barcelona star was banned for one game for levelling accusations of "corruption" at South American soccer chiefs.

Published 11 Sep, 2020 02:32pm

Sports

Holding criticises England and Australia for not taking a knee

England wore “Black Lives Matter” logos on their shirts during their Test series against West Indies.

Published 11 Sep, 2020 02:31pm

Sports

Back to the 70s as Liverpool face Leeds in PL opener

Juergen Klopp's side dominated the Premier League last season, winning their first domestic league title for 30 years by a massive 18-point margin from Manchester City.

Published 11 Sep, 2020 02:12pm

Asian World News ranks PM Khan on top in list of politicians who worked hard during COVID-19

He recently launched a relief fund for those who were made jobless due to the current pandemic, the Asian World News said.

Published 11 Sep, 2020 01:20pm

Exchange

Pakistan, UAE anti-money laundering MoU to help meet FATF conditions

The Financial Intelligence Unit (FIU) of the UAE signed a Memorandum of Understanding (MoU) with the Financial Monitoring Unit of Pakistan.

Published 11 Sep, 2020 12:56pm

Industry

Suzuki Bolan shines, Alto loose sparkle as car sales pick up steam in August

During August 2020, as many as 9,885 cars were sold against the sale of 9,126 units while the production of cars decreased from 10,636 units to 7,177 units, according to Pakistan automobile Manufacturing Association (PAMA).

Published 11 Sep, 2020 12:01pm

Though Lahore CCPO's remarks unnecessary, there's no need of legal action against him: Asad Umar

Umar said he does not agree with Lahore CCPO Umar Sheikh's remarks but they cannot go to him and say you made a wrong statement and take action.

Updated 11 Sep, 2020 11:37am

Commodities

Oil extends losses as stockpile rise amid weakening demand

Brent crude was down 18 cents, or 0.5%, at $39.88 a barrel by 0337 GMT, after falling nearly 2% on Thursday, while U.S. crude dropped 14 cents, or 0.4%, to $37.16 a barrel, having fallen 2% in the previous session.

Published 11 Sep, 2020 11:13am

Stocks

Shares struggle to shake off bearish mood as U.S. tech giants fall anew

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched earlier this week. Japan's Nikkei rose 0.3%.

Published 11 Sep, 2020 11:09am

Money & Banking

Fed's new policy shift to have no major impact, say economists: Reuters poll

In a landmark shift to a more tolerant stance on inflation, the Fed’s new monetary policy strategy pledged to address maximum employment by letting inflation run above its 2% target and suggested interest rates would stay near zero for years to come.

Published 11 Sep, 2020 11:04am

Companies

Peter Hauggaard assumes charge of Ecolean Pakistan

Since the entry, Ecolean Pakistan has engaged in several successful partnerships with customers and seen sufficient growth in the region.

Published 11 Sep, 2020 10:59am

Companies

Trevor Milton’s Nikola ‘is an intricate fraud’ claims Hindenburg Research

“We have never seen this level of deception at a public company, especially of this size,” Hindenburg said.

Published 11 Sep, 2020 10:35am

China, India agree to disengage troops on contested border

Chinese State Councillor Wang Yi and Indian Foreign Minister S. Jaishankar met in Moscow on Thursday and reached a five-point consensus.

Published 11 Sep, 2020 10:34am

Currency

Getting lucky in SUVs

Pakistan automotive industry is going through a transition. Consumers are having flavor of compact SUVs (or cross...

Updated 11 Sep, 2020 09:33am

Exchange

Green banking

Recent rains in Karachi and its aftermath has made climate change a topical subject, both among Karachiites and...

Published 11 Sep, 2020 09:03am

BR Research

Big banks do well

The financial results for the big 5 banks (HBL, NBP, UBL, MCB & ABL) tell one thing. Banking profitability is...

Published 11 Sep, 2020 09:02am

BR Research

Spuds in danger?

After banning exports of wheat, sugar, and then pulses earlier this year, the ECC has reportedly banned the export ...

Published 11 Sep, 2020 09:02am

BR Research

Interview with CEO & Country General Manager, Careem Pakistan

Safety is the biggest ticket item for us this year Zeeshan Baig is currently CEO and Country General Manager Careem...

Published 11 Sep, 2020 09:01am

Life & Style

Avengers and Game of Thrones star Diana Rigg dies at 82

Rest in peace, Queen of Thorns.

Published 11 Sep, 2020 09:00am

Business & Finance

Karachi's business community playing key role in national economy: Alvi

KARACHI: The President of Pakistan, Dr. Arif Alvi, has said that Karachi's business community is playing a key role...

Updated 11 Sep, 2020 03:35am

Business & Finance

Fraudsters bilked $70 million from US business aid plan

WASHINGTON: Scammers have stolen $70 million from a program supporting US businesses hurt by the coronavirus...

Updated 11 Sep, 2020 03:34am

Currency

Tax-to-GDP ratio decreased by 1.4 percent in 2019: ADB

ISLAMABAD: Pakistan tax-to-GDP ratio decreased by 1.4 percent in 2019 compared to 2018, said the Asian Development...

Updated 11 Sep, 2020 03:33am

Implementation of projects: WB underscores need for removal of bottlenecks

ISLAMABAD: The World Bank (WB) on Thursday stressed for removing bottlenecks in projects and expediting the pending...

Updated 11 Sep, 2020 03:33am

Journalist Qaisar Mahmood passes away

KARACHI: Senior journalist Qaisar Mahmood passed away here on Thursday. Mahmood was a member of the Geo News...

Updated 11 Sep, 2020 03:32am

Power secretary powerless?

ISLAMABAD: Secretary Power Division, Omar Rasul, on Thursday reportedly left the Ministry in protest against...

Updated 11 Sep, 2020 03:29am

Data-sharing link between Nadra, FBR to be established: Hafeez

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh Thursday said link between...

Updated 11 Sep, 2020 03:28am

Matters relating to KE discussed

ISLAMABAD: The Federal Minister for Privatisation Mohammed Mian Soomro chaired a high-powered meeting to discuss...

Updated 11 Sep, 2020 03:28am

China's envoy describes Zardari as 'founder' of CPEC

ISLAMABAD: Chinese Ambassador to Pakistan, H E Yao Jing called on the former president Asif Ali Zardari at Zardari...

Updated 11 Sep, 2020 03:27am

Life & Style

Aaj TV - Friday's Program 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 11 Sep, 2020 03:26am

Actress Diana Rigg dies

LONDON: Stars of stage and screen on Thursday paid tribute to Diana Rigg, the award-winning British actress who shot...

Updated 11 Sep, 2020 03:25am

Europe

London rejects EU call to withdraw Brexit bill

LONDON: The UK government on Thursday said it had rejected a call by the European Union to withdraw controversial...

Updated 11 Sep, 2020 03:23am

Middle East

Iran holds naval exercise near sensitive Strait of Hormuz

TEHRAN: The Iranian navy began a three-day exercise in the Sea of Oman near the strategic Strait of Hormuz on...

Updated 11 Sep, 2020 03:22am

World

No sign that N Korea is 'lashing out': US general

WASHINGTON: The head of US forces in South Korea, General Robert Abrams, said Thursday he does not expect to see any...

Updated 11 Sep, 2020 03:21am

Currency

Motorway gang-rape incident: 15 suspects arrested

LAHORE: The Punjab police after taking into custody around 15 suspects in connection with the alleged gang rape of a...

Updated 11 Sep, 2020 03:18am

Pakistan

Money laundering & illegal assets reference: Court summons Shahbaz's wife, another daughter

LAHORE: An accountability court on Thursday adjourned further hearing till September 14 in a money laundering and...

Updated 11 Sep, 2020 03:17am

Pakistan

PN personnel: Navy chief confers military awards

KARACHI: In an impressive Investiture Ceremony held at Bahria Auditorium, Chief of the Naval Staff Admiral Zafar...

Updated 11 Sep, 2020 03:17am

Pakistan

NA body decides to carry out post- legislative scrutiny of cyber laws

ISLAMABAD: The National Assembly Standing Committee on Information Technology and Telecommunication has decided to...

Updated 11 Sep, 2020 03:16am

Pakistan

PSP accuses ex-mayor, others of corruption

KARACHI: The Pak Sarzameen Party on Thursday released the first of the many installments of a "White Paper" on the...

Updated 11 Sep, 2020 03:13am

Pakistan

Embezzlement of Rs 51.4 million unearthed in PWWB

LAHROE: A mega corruption of Rs.51.4 million has been unearthed in the Punjab Workers Welfare Board (PWWB), an...

Updated 11 Sep, 2020 03:13am

Exchange

Issuance of 6,000 illegal visas to foreigners: Ministry asked to take strict legal action against officials

ISLAMABAD: The Senate Standing Committee on Interior on Thursday directed the Ministry of Interior to take strict...

Updated 11 Sep, 2020 03:12am

Pakistan

13 SEZs being established for investors: New LB system to empower people in real sense: Buzdar

LAHORE: With a new era of composite development, Punjab Chief Minister, Sardar Usman Buzdar said on Thursday that ...

Updated 11 Sep, 2020 03:11am

Pakistan

LHC CJ seeks further arguments on plea against IG's transfer

LAHORE: Lahore High Court Chief Justice (CJ) Muhammad Qasim Khan on Thursday asked the law officers and petitioner's...

Updated 11 Sep, 2020 03:11am

Pakistan

Balochistan projects progress: Senate body concerned over slowdown

ISLAMABAD: Senate Standing Committee on Planning, Development and Special Initiatives has expressed serious concern...

Updated 11 Sep, 2020 03:10am

JWG on trade, economy: MoU inked with Uzbekistan

ISLAMABAD: Pakistan and Uzbekistan Thursday signed Memorandum of Understanding (MoU) for establishment of Joint...

Updated 11 Sep, 2020 03:09am

Construction sector: PM assures investors of maximum facilitation

ISLAMABAD: Prime Minister Imran Khan on Thursday assured investors in the construction sector of every possible...

Updated 11 Sep, 2020 03:08am

Offshore procurement contracts: FBR explains how tax reduction possible

ISLAMABAD: Federal Board of Revenue (FBR) has stated that a tax reduction on offshore procurement contracts to 1 per...

Updated 11 Sep, 2020 03:08am

Qureshi urges SCO members to work together against fascist ideologies

MOSCOW: Foreign Minister Shah Mahmood Qureshi has urged the SCO members to work together to address resurgence of...

Updated 11 Sep, 2020 03:08am

Inefficient plants: Proposal approved by CCoE

ISLAMABAD: A meeting of the Cabinet Committee on Energy (CCoE) has approved the proposal of the Power Division to...

Updated 11 Sep, 2020 03:08am

Exchange

Gas reserves discovered in Kalat

KARACHI: Due to a decline in easy and big hydrocarbon finds in the country's known basins, Pakistan Petroleum ...

Updated 11 Sep, 2020 03:06am

Currency

'Roshan' a/c launched to woo NRPs

ISLAMABAD: Prime Minister Imran Khan on Thursday launched "Roshan Digital Account", and stated it was a big step...

Updated 11 Sep, 2020 03:06am

Letters

Asymptomatic Covid-19 cases in Karachi

LETTER: A study conducted by Aga Khan University has reached a profound conclusion insofar the incidence of Covid-19...