News Archives for Latest - 2020-09-22

Exchange

Tax directory of companies: new data, old story

Every year since the Federal Board of Revenue (FBR) started releasing its tax directories, the numbers change but ...

Updated 23 Sep, 2020 11:30am

World

China calls for global 'green revolution' as Trump goes solo on climate

China will scale up its intended Nationally Determined Contributions (to the Paris agreement) by adopting more vigorous policies and measures," Xi said.
Trump, who has rolled back or pared down hundreds of environmental regulations.

Updated 23 Sep, 2020 12:43am

Stocks

European stocks rebound slightly, supported by oil and tobacco

Oil stocks jump as crude prices gain.
UK midcaps weaker as lockdown measures awaited.
Travel stocks extend declines as virus cases rise.

Published 22 Sep, 2020 11:08pm

Commodities

Soy climbs on continued China buying; wheat up on global demand

Grains recover from Monday's losses.
Egypt tenders as Black Sea prices rise.
Corn capped by surprise crop ratings improvement.
Soybeans buoyed by strong meal demand.

Published 22 Sep, 2020 11:06pm

Forex

South Africa's rand recovers after sell-off, stocks slide

The recent price fluctuations within the USD/ZAR pair shows how sensitive the ZAR has been along with other emerging market currencies are to global risk sentiment.
Bonds weakened with the yield on benchmark 2030 government paper up 10 basis points to 9.415%.

Published 22 Sep, 2020 11:03pm

Companies

Wells Fargo CEO ruffles feathers with comments about diverse talent

While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from.
There is an amazing amount of Black talent out there.

Published 22 Sep, 2020 11:00pm

Exchange

China, India agree not to send more troops to border flashpoint

Senior military officials from the both countries met on Monday and exchanged ideas on their contested border.
The two sides also agreed to hold the 7th round of Military Commander-Level Meeting as soon as possible.

Published 22 Sep, 2020 10:58pm

World

Airlines call for COVID-19 tests before all international flights

Rapid and affordable antigen tests that can be administered by non-medical staff are expected to become available in "coming weeks" and should be rolled out under globally agreed standards.
We don't see any alternative solution that would be less challenging or more effective,

Published 22 Sep, 2020 10:56pm

Forex

Dollar rises on safe-haven bid, stocks mixed

Crude rose after a hard fall on Monday while stocks in Europe and Wall Street offset most of the losses elsewhere.
Sterling took a hit after UK Prime Minister Boris Johnson told Britons to go back to working from home.

Published 22 Sep, 2020 10:55pm

South Asia

South Korea's Moon proposes regional initiative to battle COVID-19, engage North Korea

Moon said collective protection of life and safety would lay the groundwork for North Korea to have its security guaranteed by engaging with the international community. *Moon proposed launching a "Northeast Asia Cooperation Initiative for Infectious Disease Control and Public Healt.

Published 22 Sep, 2020 10:52pm

Europe

Russia's Putin wants stronger WHO, proposes conference on coronavirus vaccine

We are proposing to hold an online high-level conference shortly for countries interested in cooperation in the development of anti-coronavirus vaccines.
Several countries are now considering adopting emergency measures that would fast-track approval of a vaccine in a similar way.

Published 22 Sep, 2020 10:51pm

Europe

Spain adds nearly 10,800 coronavirus infections in a day as new curbs loom

That included 3,125 cases diagnosed in the last 24 hours, but these daily figures tend to end up much higher after retroactive updates of the infection tally.
With 21 deaths from the virus in the last day, the total number of COVID-19 fatalities has reached 30,904.

Published 22 Sep, 2020 10:49pm

Companies

Elon Musk tempers expectations for Tesla 'Battery Day,' stock dips 5pc

Musk, who frequently launches new products in attention-grabbing, show-like announcements.
Musk has complained in the past that Tesla vehicles are not affordable enough.

Published 22 Sep, 2020 10:44pm

Commodities

Paris wheat hits five-month high as Egypt tender fuels Russia rally

Front-month December milling wheat, the most active contract on Paris-based Euronext.
Its highest since April 23 and above Monday's five-month peak of 195 euro.

Published 22 Sep, 2020 10:42pm

Stocks

Nasdaq, S&P 500 rise on Amazon boost; Dow under pressure

Dow off 0.09%, S&P 500 up 0.36%, Nasdaq adds 0.68%.
Amazon rises as Bernstein says pandemic tailwind to continue.
Tesla falls after warning of production challenges.
Real estate, consumer discretionary lead sectoral gains.

Published 22 Sep, 2020 10:40pm

USA

US CDC reports 199,462 coronavirus deaths

he CDC reported its tally of cases of the respiratory illness known as COVID-19.
The CDC figures do not necessarily reflect cases reported by individual states.

Published 22 Sep, 2020 10:39pm

World

Trump demands action against China over virus, Xi urges cooperation

The leaders of the world's two largest economies laid out their competing visions as relations have plunged to their worst level in decades against the backdrop of the pandemic.
We must hold accountable the nation which unleashed this plague onto the world, China,

Published 22 Sep, 2020 10:35pm

Exchange

As Afghanistan peace talks stutter, US says violence levels too high

By any measure, current levels of violence are too high.
"We know that reductions are possible," Khalilzad said.
"I want to assure the Afghan women that we will be with them," Khalilzad said.

Published 22 Sep, 2020 10:30pm

Industry

Ford to invest $1.46bn in Canada plants as part of Unifor union deal

The deal includes retooling the Oakville plant to build five electric vehicle (EV) models between 2025 and 2028.
The deal is beneficial for Ford as it averts a strike at the US automaker's Canada plants.

Published 22 Sep, 2020 10:29pm

USA

Fed's Barkin says recent labor market improvements will slow

Many small businesses are reducing staff to adjust to lower demand, and the level of people filing for jobless claims for the first time each week remains elevated six months after the shutdown.
If this rate of initial claims continues, you have to imagine the recent improvements in the labor market are going to slow.

Published 22 Sep, 2020 10:27pm

Commodities

Cotton gains after 5-session fall; strong dollar caps upside

Having posted losses in the last five sessions, cotton contracts for December rose 0.21 cent, or 0.3%, to 65.45 cents per lb,
It traded within a range of 65 and 65.95 cents a lb.

Published 22 Sep, 2020 10:25pm

Europe

Turkey, Greece agree to resume talks after four years

The talks, which broke off in 2016 after 60 rounds that made little progress over 14 years, will resume in "the near future" in Istanbul.
Turkey also gave no timing for a resumption of the talks but a senior official said they could begin by the end of the month.

Published 22 Sep, 2020 10:23pm

Energy

Venezuela's PDVSA to sell crude cargo to Iran's national oil company

Venezuela and Iran are under sanctions imposed by the United States, hurting their oil industries and hitting crude exports.
Washington has sought to disrupt the deepening bilateral trade between the two countries.

Published 22 Sep, 2020 10:21pm

Money & Banking

Up to 1,000 Barclays, SocGen staff revert to home working as advice shifts

Barclays, SocGen among banks telling staff to stay home.
Banks had just begun return to offices in Britain.
Government reverses 'back to workplace' stance of recent weeks.

Published 22 Sep, 2020 10:15pm

Pakistan

Govt striving to provide relief to people: Sarwar

There were mafias in different sectors, but the government was adopting policies to crush them through good governance, he added.

Published 22 Sep, 2020 09:07pm

Pakistan

Covid-19 victims, death rate in Punjab currently lowest in country: Raja Basharat

Raja Basharat said that schools across the province would be fully opened from September 30, so the SOPs set by the government should be strictly enforced.

Published 22 Sep, 2020 09:06pm

Pakistan

Enemies trying to damage Pakistan, institutions: Shibli

He was a proclaimed offender and was involved in money laundering and corruption, he added.

Published 22 Sep, 2020 09:03pm

Pakistan

GB people demanding full-fledged provincial status: Gandapur

The federal government had decided to give special status of province to GB as it had made promise with the people of area, he said talking to a private news channel.

Published 22 Sep, 2020 09:01pm

Pakistan

Nawaz's speech reflects his interests in line with anti-Pakistan elements: Chohan

Fayyaz-ul-Hassan Chohan said that the APC had exposed negative sentiments and feelings of the 'All Pakistan Lootmar Association', and the people would not let such elements succeed again.

Published 22 Sep, 2020 09:00pm

Pakistan

Sindh governor calls on PM

The governor said the residents of Sindh were lauding the prime minister’s efforts for the progress and prosperity of the province.

Published 22 Sep, 2020 08:57pm

EU summit postponed after Michel guard catches virus

Michel had learnt that "a security officer, with whom he was in close contact early last week, tested positive for COVID", Leyts said.

Published 22 Sep, 2020 08:56pm

US passes 200,000 virus deaths

According to a rolling tally by Johns Hopkins University, 200,005 Americans have died and 6.86 million have been confirmed infected by the novel coronavirus.

Published 22 Sep, 2020 08:53pm

Erdogan urges dialogue on east Mediterranean, not 'harassment'

NATO allies Turkey and Greece are embroiled in a row over a maritime gas drilling dispute that has pitted Ankara against other EU member states.

Published 22 Sep, 2020 08:53pm

Coronavirus toll at 1100 GMT Tuesday

At least 31,374,240 cases of coronavirus have been registered. Of these, at least 21,338,900 are now considered recovered.

Published 22 Sep, 2020 07:47pm

Forex

C$ recovers from 6-week low as global markets trade steadier

Stock markets clawed back some ground, a day after rising second waves of the coronavirus epidemic led to a sharp sell-off.

Published 22 Sep, 2020 07:46pm

Europe

Russia vows military cooperation with Iran after UN arms embargo ends

The embargo on conventional arms shipments to Iran is set to expire next month after the United States failed to win support for a new UN resolution.

Published 22 Sep, 2020 07:45pm

USA

Mexico to sign up to WHO's coronavirus COVAX vaccine plan this week: foreign minister

Ebrard said Mexico has also signed up for Phase 3 coronavirus vaccine trials with more companies from around the globe.

Published 22 Sep, 2020 07:42pm

Africa

Mozambique insurgency will deepen food insecurity into 2021: UN

The Al-Shabaab Islamist group has occupied a strategic port in the town of Mocimboa da Praia in the north since August 12.

Published 22 Sep, 2020 07:35pm

Stocks

Wall St opens higher as tech stocks bounce

The S&P 500 opened higher by 14.69 points, or 0.45pc, at 3,295.75, while the Nasdaq Composite gained 94.50 points, or 0.88pc, to 10,873.30 at the opening bell.

Published 22 Sep, 2020 07:40pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 22 Sep, 2020 07:38pm

Stocks

TSX rises at open on oil boost

At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 72.98 points, or 0.46%, at 16,054.75.

Published 22 Sep, 2020 07:34pm

Asia

Iran records highest Covid-19 cases in a single day

Iran has been battling the Middle East's deadliest outbreak of Covid-19, with the death toll standing at 24,656 people out of a total of 429,193 people infected.

Published 22 Sep, 2020 07:32pm

Energy

Oil rises on expectations demand can survive new lockdowns

US West Texas Intermediate (WTI) crude for October, due to expire on Tuesday, rose 58 cents, or 1.5pc, to $39.89.

Published 22 Sep, 2020 07:31pm

Europe

France opposes return to pre-virus EU deficit rules

But opponents of the pact, which was toughened during the eurozone debt crisis, believe that they impose needless austerity on national economies.

Published 22 Sep, 2020 07:30pm

Europe

Turkey's Erdogan says COVID-19 vaccine must be for everyone

"No matter what country they are produced in, vaccines that are made ready to be administered should be presented to the common use of humanity," he said.

Published 22 Sep, 2020 07:28pm

Johnson contrasts Italy, Germany with 'freedom-loving' UK

The Conservative leader was in the House of Commons to set out new restrictions to deal with a surge in virus cases.

Published 22 Sep, 2020 07:28pm

Europe

Erdogan urges diplomacy to resolve Iran's nuclear programme

The United States on Monday announced new sanctions against Iran's defense ministry and others involved in its nuclear and weapons programme.

Published 22 Sep, 2020 07:25pm

Africa

Trial of Sudan's Bashir adjourned to October 6

The United Nations estimates 300,000 people were killed and 2.5 million displaced in the conflict since 2003.

Published 22 Sep, 2020 07:25pm

Pakistan

COVID-19 claims 6 more lives, infects 194 others: CM Sindh

Shah said that six more patients lost their lives while struggling against COVID-19 lifting the death toll to 2469 that constituted 1.8 percent death rate.

Published 22 Sep, 2020 07:24pm

Trump confirms will announce Supreme Court pick Saturday

"I will be announcing my Supreme Court Nominee on Saturday, at the White House! Exact time TBA," Trump said.

Published 22 Sep, 2020 07:23pm

Pakistan

Modernization of Information Department crucial: CM

He expressed these views while presiding over a meeting at his office about the performance of the Information Department here.

Published 22 Sep, 2020 07:22pm

Business & Finance

US stocks flat ahead of Powell testimony

Among individual companies, Comcast jumped 2.6 percent on news that Nelson Peltz's activist Trian Fund management had taken a stake in the cable giant.

Published 22 Sep, 2020 07:22pm

Middle East

Blast rocks Hezbollah site in south Lebanon: residents

A military source said preliminary information showed it was a "Hezbollah centre".

Published 22 Sep, 2020 07:19pm

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Updated 22 Sep, 2020 07:20pm

Commodities

Indian gold dealers bank on festivals to bring back customers

MUMBAI: Gold jewelers in India pinned hopes on an upcoming festival season, with dealers offering discounts for a...

Updated 22 Sep, 2020 07:20pm

Commodities

PMEX daily trading report

KARACHI: On Friday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 7.591 billion and...

Updated 22 Sep, 2020 07:20pm

Commodities

Gold, silver slide in New York

NEW YORK: Gold slumped over 3% on Monday, sliding to its lowest level in more than a month, as a broader market...

Updated 22 Sep, 2020 07:20pm

Commodities

Palm oil ends 4-day rally

KUALA LUMPUR: Malaysian palm oil futures took a breather on Monday after a four-day rally, falling more than 2% on...

Updated 22 Sep, 2020 07:20pm

Europe

Turkey, Greece 'ready to start' east Med talks

At the centre of the row was Turkey's deployment last month of the seismic research vessel, the Oruc Reis, accompanied by warships near the Greek island of Kastellorizo.

Published 22 Sep, 2020 07:17pm

Africa

In Kenyan slum, a haven for disabled children

The centre, whose services are free, relies on donations -- which have decreased because of the coronavirus pandemic.

Published 22 Sep, 2020 07:15pm

Asia

Indonesia reports biggest daily rise in coronavirus deaths

Indonesia has reported 9,837 deaths overall, the highest death toll in Asia outside India.

Updated 22 Sep, 2020 07:16pm

World

UN chief warns against 'new Cold War'

"We must do everything to avoid a new Cold War," Guterres said in an address as he opened an almost entirely virtual UN General Assembly.

Published 22 Sep, 2020 07:06pm

Europe

Turkey, Greece agree east Med talks: Turkish presidency

The two sides agreed to open negotiations during a three-way videoconference between Turkish President Recep Tayyip Erdogan, German Chancellor Angela Merkel .

Published 22 Sep, 2020 07:04pm

Middle East

Iran records highest Covid-19 cases in a single day

The highest case number recorded before was on June 4, when 3,574 cases were detected, according to official figures.

Published 22 Sep, 2020 06:56pm

TikTok removes over 104mn videos in first-half for violating guidelines

TikTok started fact-checking programs in the first-half of the year to verify content related to the novel coronavirus and elections.

Updated 22 Sep, 2020 06:54pm

Business & Finance

TikTok's promise of 25,000 new US jobs sets lofty goal

TikTok recently announced a $1 billion creator fund that will pay popular TikTok influencers for making videos.

Updated 22 Sep, 2020 06:54pm

Stocks

China stocks end lower as surge in global virus cases weigh

The blue-chip CSI300 index ended 1.2pc lower at 4,635.76 and the Shanghai Composite Index 1.3pc at 3,274.30.

Updated 22 Sep, 2020 06:54pm

Stocks

Major Gulf bourses off to mixed start

Saudi Arabia's benchmark index dropped 0.6pc, with Al Rajhi Bank shedding 1.3pc, while oil giant Saudi Aramco was down 0.5pc.

Updated 22 Sep, 2020 06:54pm

Pakistan

Cutlery export increases 9.43pc in 2 months

The cutlery exports in August 2020 were recorded at $ 8.288 million against the exports of $8.159 million in August 2019, the PBS data revealed.

Published 22 Sep, 2020 06:34pm

Pakistan

Govt allows educational institutions to resume classes at middle level: Shafqat

Sindh has asked to further review the COVID-19 situation for next one week before reopening of educational institutions, he said.

Published 22 Sep, 2020 06:42pm

Pakistan

President signs Pakistan Medical Commission Bill 2020

The President also approved the Pakistan Medical Tribunal Bill 2020, under which a Special Judicial Tribunal would be established.

Published 22 Sep, 2020 06:42pm

Europe

Russia to register second COVID-19 vaccine by Oct. 15

The vaccine has been developed by Siberia's Vector Institute, which completed early-stage human trials of the vaccine last week.

Updated 22 Sep, 2020 06:51pm

Money & Banking

Bank of England to propose simpler rules for small banks

The BoE will propose the simpler rules for smaller lenders in a month or so, a step that would have been impossible to agree if Britain was still in the European Union.

Updated 22 Sep, 2020 06:51pm

Money & Banking

Deutsche Bank to close 20pc of domestic branches in coronavirus shift

Philipp Gossow, who oversees the retail banking business in Germany, told Reuters that the reduction to some 400 branches from around 500 currently would occur primarily in urban locations.

Updated 22 Sep, 2020 06:51pm

Stocks

Hong Kong stocks track Asian markets lower on lockdown worries

The sub-index of the Hang Seng tracking energy shares dipped 1.9pc, while the IT sector dipped 0.15pc, the financial sector ended 0.96pc lower and the property sector dipped 1.08pc.

Updated 22 Sep, 2020 06:51pm

Currency

Dollar hits six-week highs, traders shun riskier currencies

Stocks sold off on Monday and the currency market saw "risk-off" moves, with the dollar index climbing to its highest in six-weeks.

Updated 22 Sep, 2020 06:50pm

Pakistan

Dun & Bradstreet, Gallup jointly issue their inaugural report on Pakistan CCI

Key findings indicated that overall CCI remained pessimistic in both surveys; however, consumer confidence about the future improved amidst resumption of economic activity.

Published 22 Sep, 2020 06:36pm

Pakistan

Gold price remains stable at Rs114,700

The price of per tola silver decreased by Rs. 50 and it was traded at Rs. 1,250 while that of 10 gram silver reduced by Rs. 42.87 to Rs. 1,071.67.

Published 22 Sep, 2020 06:32pm

Pakistan

Accountability Court gives last Chance to NAB to produce accused in LNG case

The court warned to issue arrest warrants on next hearing against the accused if he continuous to avoid appearing in the case.

Published 22 Sep, 2020 06:20pm

Pakistan

Govt approves establishment of 3 border markets

He said that these projects would transform local economies, check smuggling and formalise trade with neighbours.

Published 22 Sep, 2020 06:13pm

Pakistan

PNSC planning to set up a LNG shipping desk: Ali Zaidi

The minister has shared an advertisment of jobs on social media networking site saying that "If somebody have experience in this sector.

Published 22 Sep, 2020 06:11pm

Pakistan

Development projects in GB to be completed on war footing: Gandapur

The caretaker CM appreciated the efforts of federal government for showing special interest in the development and prosperity of Gilgit-Baltistan.

Published 22 Sep, 2020 06:08pm

Pakistan

Govt firm to ensure minorities' protection as constitutional responsibility: FM

Expressing deep sorrow over the tragic killing of Pakistani nationals in India, he said Pakistan protested to India over the inhuman incident.

Published 22 Sep, 2020 06:06pm

Pakistan

Undemocratic structure of political parties hinders democracy' prevalence: Ch Fawad

Is it a democratic process for Maryam Nawaz and Bilawal Bhutto to lead the parties directly? How can democracy comes in the country when the political leaders are not willing to ensure it?

Published 22 Sep, 2020 05:58pm

Pakistan

Regional connectivity and economic corridor top priority of govt: Dr Moeed

The meeting also discussed economic security and regional peace, said a press release issued here.

Published 22 Sep, 2020 05:56pm

Pakistan

WHO official discusses anti-polio campaign with commissioner

Deputy Commissioner Muhammad Ali, Assistant, Commissioner Sadar Umar Maqbool, District Health Officer Dr. Bilal Ahmed and Health Department officers were also present.

Published 22 Sep, 2020 05:55pm

Exchange

Rupee gains 07 paisas against dollar

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by Rs. 1.02 and closed at Rs. 195.16 against the last day’s trading of Rs. 196.18.

Published 22 Sep, 2020 05:52pm

Pakistan

Anti-polio campaign; 450, 000 children vaccinated so far

He said that 3000 mobile health teams were operating in the district to complete the task of immunization.

Published 22 Sep, 2020 05:51pm

Bullion Rate

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Tuesday.

Published 22 Sep, 2020 05:48pm

Pakistan

Aviation Minister to chair meeting on ‘Unmanned Aircraft System’ policy on Sept 28

The meeting will be convened in pursuance of the draft of UAS policy prepared by Aviation Division and circulated among the stakeholders on September 3, 2020.

Published 22 Sep, 2020 05:46pm

Pakistan

President confers Hilal-e-Pakistan on outgoing Chinese envoy

The event was attended by Senate Chairman Sadiq Sanjrani, National Assembly Speaker Asad Qaiser, federal ministers and high government officials.

Published 22 Sep, 2020 05:39pm

Business & Finance

India’s economy set to fall behind Pakistan, rest of South Asia as COVID-19 surges

A new report says that Pakistan, Bangladesh and Sri Lanka’s COVID-19 approaches are working better than India, making it easier for these countries' economies to recover quickly.

Published 22 Sep, 2020 05:24pm

Haier Handwash Machine for A Hassle-Free Laundry Day

Haier has been providing its customers with the best solutions to their everyday problems, that brings ease and...

Published 22 Sep, 2020 05:11pm

Commodities

Gold drops as dollar surges to six-week high

Spot gold fell 0.9pc to $1,895.38 per ounce by 0738 GMT. Prices fell more than 3pc to $1,882.70 on Monday, the lowest level since Aug. 12.

Published 22 Sep, 2020 04:25pm

India-China Border Standoff: Military commanders meet to defuse tensions

Indian government maintains their stance on “status quo ante”, stating that Chinese troops must return to their positions prior to the onset of the dispute in April.

Published 22 Sep, 2020 04:21pm

South Asia

Philippines reports 1,635 coronavirus cases, 50 more deaths

The ministry said total confirmed infections in the Philippines have increased to 291,789, the highest in Southeast Asia, while deaths have reached 5,049.

Published 22 Sep, 2020 04:16pm

Forex

Russian rouble slides vs dollar towards weakest since April

Markets also watched the finance ministry that was set to reveal details of weekly OFZ government bond auctions due on Wednesday.

Published 22 Sep, 2020 04:13pm

Energy

UK GAS-Prices decline on over-supply

The gas system was over-supplied by 18 million cubic metres (mcm), with demand at 160 mcm and flows at 178 mcm/day, National Grid data shows.

Published 22 Sep, 2020 04:10pm

Commodities

Ukraine's 2020 soybeans crop to fall by 19pc

The association last week revised down its forecast for Ukraine's 2020, sunflower seed output to 14-15 million tonnes from the previous estimate of 15 million because of poor weather.

Published 22 Sep, 2020 04:07pm

Sports

South Africa wait on selection convenor to make Test captain choice

Boucher revealed De Kock is not keen to lead the side in Tests.

Published 22 Sep, 2020 04:04pm

Sports

Suarez facing cheating accusations in Italian citizenship exam

The Uruguayan international travelled to Perugia to take the relevant tests, with the ‘B1’ assessment passed.

Updated 22 Sep, 2020 04:03pm

Stocks

European stocks bounce on tech support, virus concerns linger

The pan-European STOXX 600 index rose 0.8pc, recovering from its worst fall in three months, with technology stocks that have outperformed this year, rising 1.6pc.

Published 22 Sep, 2020 03:56pm

Forex

Sterling reverses losses after falling to two-month low

Sterling recovered as much as 0.08pc to $1.2826 against the dollar at 0840 GMT, after sliding as low as 1.2714 earlier on Tuesday, its lowest since July 23.

Published 22 Sep, 2020 03:46pm

Financial

Indonesia raises 22trn rupiah from debt auction: finance ministry

Incoming bids on Tuesday were 46.12 trillion rupiah, the lowest appetite since April 28.

Published 22 Sep, 2020 03:44pm

Money & Banking

Hungary central banker Virag to hold briefing after Tuesday's rate decision

It said Virag would discuss current issues in monetary policy after the meeting.

Published 22 Sep, 2020 03:43pm

Europe

'Work from home': Johnson starts shutting down Britain again as COVID-19 spreads

It was unclear if the measures would be enough to tackle Britain's second wave, which government scientists warned could reach 50,000 new cases per day by mid-October.

Published 22 Sep, 2020 03:40pm

Business & Finance

NHA plans to build new bridge to connect Karachi with Balochistan

Due to recent rains the flood relay damaged the extra support of the bridge pillars.

Published 22 Sep, 2020 03:38pm

Forex

Kenya's shilling steady, to firm due to dollar inflows into government bonds

At 0913 GMT, commercial banks quoted the shilling at 108.35/55 to the dollar, compared with Monday's close of 108.30/50.

Published 22 Sep, 2020 03:39pm

Europe

Czech health minister says new restrictions likely as COVID cases spike

The Czech Republic acted quickly at the start of the pandemic in March, closing most retail business, borders and schools before many other countries in Europe.

Published 22 Sep, 2020 03:36pm

Europe

Industry says $6 to $18 per dose is reasonable price for COVID-19 vaccine

A price between 5 and 15 euros a dose "is a reasonable price for a vaccine," Sue Middleton, President of the Executive Board, of Vaccines Europe told a hearing in the EU Parliament.

Published 22 Sep, 2020 03:33pm

Business & Finance

Kingfisher profit boosted as pandemic drives DIY rediscovery

The pandemic has meant people are spending more time at home, they have fewer leisure options and are traveling less.

Published 22 Sep, 2020 03:23pm

Commodities

South Korea's MFG passes in 70,000 T feed wheat tender

The tender had sought wheat sourced from worldwide origins for arrival in South Korea around Jan. 30, 2021.

Published 22 Sep, 2020 03:21pm

Financial

China says it will step up financial support for supply chains

China will use credit, bonds and other financing tools to support core firms in supply chains, said the guidelines.

Published 22 Sep, 2020 03:19pm

Commodities

S.Korea's KFA bought about 65,000 tonnes corn in private deal

The corn was purchased at an estimated $229.00 a tonne c&f for shipment from Brazil between Oct. 15 and Nov. 15. Seller was believed to be trading house Midstar.

Published 22 Sep, 2020 03:18pm

Money & Banking

Swedish central bank says first corporate bond purchases have gone well

The central bank has said it will buy up to 10 billion Swedish crowns ($1.13 billion) in corporate bonds as part of its 500 billion crown quantitative easing package.

Published 22 Sep, 2020 03:14pm

Financial

Italy bond yields tumble as Salvini falls short

Italy's 10-year bond yield fell 6 basis points to around 0.88pc, its lowest level since February. It was poised for its biggest one-day fall in almost three weeks.

Published 22 Sep, 2020 03:10pm

World

Worldwide coronavirus cases cross 31.31 million, death toll at 964,175

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 22 Sep, 2020 03:07pm

ATC sentences Abdul Rehman, Zubair to death, acquits Rauf Siddiqui in Baldia factory fire case

On September 11, 2012, 260 workers died after they were burnt alive when the garment factory building was set on fire.

Updated 22 Sep, 2020 03:02pm

Sports

All you need to know about National T20 Cup

The tournament is set to kick off from September 30 in Multan.

Published 22 Sep, 2020 02:51pm

Sports

Bale's desire can accelerate fitness return, says Mourinho

Spurs said the winger would only be ready for action after the October international break having injured his knee.

Updated 22 Sep, 2020 02:51pm

Govt allows middle schools to reopen tomorrow, Sindh to reopen on September 28

In the first phase, universities, colleges and schools for students of class 9 and 10 were reopened across Pakistan on September 15.

Updated 22 Sep, 2020 02:24pm

Cotton

Garment orders move to Pakistan, as COVID bites India, Bangladesh

However, the garment sector in the country is facing a severe shortage of yarn due to a shortage of cotton.

Published 22 Sep, 2020 02:16pm

World

India's new coronavirus infections at lowest in almost a month

It reported 75,083 new cases.

Published 22 Sep, 2020 01:50pm

Sports

Prize money for National T20 Cup revealed

The best performer of every game will receive Rs.25,000 as the man-of-the-match.

Published 22 Sep, 2020 01:44pm

Exchange

After debt reduction, PSO to reap benefit in next quarter

As per details, PSO short term borrowings reduced from Rs 121.678 billion in FY19 to Rs 79.032 billion in FY20, signifying a debt decline of an impressive 35 percent.

Published 22 Sep, 2020 01:05pm

Life & Style

Ellen DeGeneres apologises on-air for toxic work culture, vows a ‘new chapter’

The host also addressed the allegations that the off-camera DeGeneres is very different than her sunny on-air persona.

Published 22 Sep, 2020 12:34pm

Asad Umar launches phase 3 trials of coronavirus vaccine

Result is expected in 4 to 6 months, Umar said.

Updated 22 Sep, 2020 12:39pm

Companies

Beijing unlikely to approve Oracle, Walmart's TikTok deal: Global Times

ByteDance has said TikTok Global will be its U.S. subsidiary with 80% ownership.

Updated 22 Sep, 2020 10:55am

Business & Finance

PIA commences flight operations to Saudi Arabia from today

Due to the coronavirus pandemic, Saudi Aviation has limited PIA to 13 weekly flights.

Published 22 Sep, 2020 10:50am

COAS told opposition leaders not to drag military into politics

Shehbaz Sharif, Bilawal Bhutto-Zardari, Jamaat-e-Islami's Sirajul Haq and others were refrained from dragging the military into politics.

Updated 22 Sep, 2020 10:41am

Stocks

Stocks down on fresh lockdown worries, banking sell-off; dollar rises

Hong Kong shares of HSBC and Standard Chartered fell more than 2% each, as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds.

Published 22 Sep, 2020 10:21am

Business & Finance

Chinese leaders split over releasing blacklist of U.S. companies - WSJ

Chinese leaders are hesitating to pull the trigger, with some arguing that a decision on the list should wait till after the U.S. election in November, the report said.

Published 22 Sep, 2020 10:19am

Commodities

Oil rises as U.S. storm eases, but demand worries linger

U.S. West Texas Intermediate (WTI) crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel at 0224 GMT.

Published 22 Sep, 2020 10:17am

BR Research

Microfinance during Covid

So how did the microfinance sector cope with Covid-19? There had been early reports of massive decline in...

Published 22 Sep, 2020 07:32am

BR Research

KAPCO – PPA renewal essential

Kot Addu Power Company Limited (PSX: KAPCO) announced its financial performance for FY20 recently, and the...

Published 22 Sep, 2020 07:31am

Mutual Funds

Century Paper and Board Mills Limited

Century Paper and Board Mills Limited (PSX: CEPB) was established in 1984 and started commercial production in 1990....

Published 22 Sep, 2020 07:29am

World

Swedish space company halts new business helping China operate satellites

SYDNEY/STOCKHOLM: Sweden's state-owned space company, which provides ground stations that help fly Chinese ...

Updated 22 Sep, 2020 03:27am

Money & Banking

FINCA Microfinance Bank participates in 13th Annual Mobile Conference

KARACHI: The 13th Annual Mobile Commerce Conference, exclusively sponsored by FINCA Microfinance Bank, was conducted...

Updated 22 Sep, 2020 03:25am

Currency

Early trade in New York: Dollar index soars

NEW YORK: The US dollar index soared on Monday and riskier currencies fell as investors looked for safety while ...

Updated 22 Sep, 2020 03:24am

Currency

Yen, dollar in demand in Europe

LONDON: The yen hit a six-month high against the dollar on Monday, gaining for a sixth consecutive session against...

Updated 22 Sep, 2020 03:24am

Business & Finance

US recovery can continue without new aid: advisor

WASHINGTON: Negotiators in Washington have made no progress on getting a new economic aid package through Congress...

Updated 22 Sep, 2020 03:23am

Mutual Funds

Household net worth to pre-pandemic levels: Fed

WASHINGTON: A rebounding stock market and massive federal aid payments pushed the net worth of US households back to...

Updated 22 Sep, 2020 03:22am

Business & Finance

Maldives trade delegation visits TDAP

KARACHI: The trade delegation from Maldives visited TDAP on 18th September, 2020 and met Chief Executive and...

Updated 22 Sep, 2020 03:22am

Sports

Everest's legendary 'snow leopard' Ang Rita Sherpa dies at 72

KATHMANDU: A famed Nepali Everest climber nicknamed "snow leopard" for his record of summiting the world's highest...

Updated 22 Sep, 2020 03:18am

Life & Style

British-French actor Michael Lonsdale dies

PARIS: Michael Lonsdale, the British-French actor with a far-ranging film and theatre career but most widely...

Updated 22 Sep, 2020 03:17am

Richest 1pc's emissions twice that of poorest 50pc

PARIS: The richest one percent of people are responsible for more than twice as much carbon pollution as the poorest...

Updated 22 Sep, 2020 03:15am

Exchange

Impact of Covid-19 on South Asia

The pandemic, COVID-19, hit most parts of South Asia almost seven months ago. It has had a variable impact on the...

Updated 22 Sep, 2020 03:15am

Indian MPs suspended for opposing contentious farming legislation

NEW DELHI: Eight Indian lawmakers were suspended from parliament Monday for "unruly behaviour" after opposition to...

Updated 22 Sep, 2020 03:13am

14 Afghan security forces killed as violence grips country

KANDAHAR, (Afghanistan): At least 14 Afghan soldiers and police were killed during intense fighting with the Taliban...

Updated 22 Sep, 2020 03:13am

PM seeks roadmap for reforming subsidy system

ISLAMABAD: Prime Minister Imran Khan has directed economic think-tank to prepare a workable roadmap to make the...

Updated 22 Sep, 2020 03:12am

Exchange

Goodbye to easing

Policy rate remains unchanged. Between the lines, SBP has communicated that the easing cycle is over. Earlier, signs...

Updated 22 Sep, 2020 03:12am

HSBC, StanChart shares fall to 25-year lows: Banks seek to contain damage over $2 trillion of suspicious transfers

HONG KONG/LONDON: Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout...

Updated 22 Sep, 2020 03:11am

Exchange

PSX obtains bearish posture: BRIndex100 sheds 36.7 points

KARACHI: Pakistan Stock Exchange Monday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost...

Updated 22 Sep, 2020 03:11am

Fresh STFF thru PHL: Issuance of new sovereign guarantee approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved issuance of new sovereign guarantee...

Updated 22 Sep, 2020 03:11am

Pakistan

Garbage not being disposed of in Hyderabad

HYDERABAD: The mega city Karachi is not alone where garbage problem has got worst as people of the second biggest...

Updated 22 Sep, 2020 03:09am

Pakistan

Covid-19: Sindh sees 296 new cases

KARACHI: Three more patients of Covid-19 lost their lives lifting the death toll to 2,463 and 296 new cases emerged...

Updated 22 Sep, 2020 03:08am

Pakistan

Factory building collapses in SITE area

KARACHI: Building of a factory located near Siemens Chowrangi in Karachi's Sindh Industrial & Trading Estate...

Updated 22 Sep, 2020 03:07am

Pakistan

Work on proposal for new bridge on Hub River ordered

KARACHI: Sham Sundar, general manager at the National Highway Authority, Balochistan, has said that the chairman of...

Updated 22 Sep, 2020 03:05am

Industry

PSRMA holds annual elections for term 2020-21

LAHORE: The Pakistan Steel Re-Rolling Mills Association (PSRMA) on Monday held its annual elections for the term...

Updated 22 Sep, 2020 03:05am

Army chief meets PM

ISLAMABAD: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Monday met Prime Minister Imran Khan. The members...

Updated 22 Sep, 2020 03:03am

Currency

'Healing the heart'

Kudos to Andleeb Abbas of Pakistan Pakistan Tehrik-e-Insaf (PTI) for presenting an interesting objective perspective...

Updated 22 Sep, 2020 03:03am

Pakistan

Use gas wisely in winter: SNGPL

LAHORE: Sui Northern Gas Pipelines Limited informs that the gap between demand and supply of gas increases more than...

Updated 22 Sep, 2020 03:02am

Pakistan

'Revival of natural waterways, redesigning of uplift schemes to help tackle urban flooding'

KARACHI: Freshwater flows should be regulated as they enhance local livelihoods, conserve wildlife and promote...

Updated 22 Sep, 2020 03:02am

Pakistan

Buzdar inaugurates anti-polio drive in Punjab

LAHORE: Chief Minister Punjab Sardar Usman Buzdar inaugurated the five-day province-wise anti-polio drive by...

Updated 22 Sep, 2020 03:00am

Life & Style

AAJ PROGRAM SCHEDULE

Tuesday, September 22, 2020 TIMING PROGRAM TITLE 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 ...

Updated 22 Sep, 2020 03:00am

Pakistan

Nestlé Pakistan, Metropolitan Corporation Islamabad commence tree plantation drive

ISLAMABAD: Nestlé Pakistan donated 5000 trees to Metropolitan Corporation Islamabad to initiate monsoon tree...

Updated 22 Sep, 2020 02:59am

Pakistan

Seminar on Alzheimer's disease, dementia held

LAHORE: September 21 marks the World Alzheimer's Day, an international campaign to raise awareness and challenge...

Published 22 Sep, 2020 02:39am

USA

Trump administration designates several US cities hotbeds of 'anarchy'

In recent months anti-racism protests have mushroomed nationwide in response to police violence.

Published 22 Sep, 2020 02:56am

Pakistan

Results of general elections 2018: SHC reserves verdict on PSP plea

KARACHI: Sindh High Court (SHC) on Monday reserved the verdict in the petition of Pak Sarzmaeen Party (PSP),...

Published 22 Sep, 2020 02:39am

Exchange

Development schemes: Funds to be transferred to assignment account of project director

ISLAMABAD: The federal government would directly transfer its funds to assignment account of project director to...

Published 22 Sep, 2020 02:39am

Business & Finance

Microsoft buys gaming firm ZeniMax Media for $7.5bn

The company will pay for the acquisition in cash with the deal expected to close by the mid-2021.

Published 22 Sep, 2020 02:53am

Political scenario: Cabinet to discuss APC impact today

ISLAMABAD: The federal cabinet which is scheduled to meet on Tuesday (Sept 22) with Prime Minister Imran Khan in the...

Published 22 Sep, 2020 02:39am

Currency

Manufacturing premises: Installation of video surveillance equipment made mandatory

ISLAMABAD: In a major move to control tax evasion by the manufacturing sector, the Federal Board of Revenue (FBR) ...

Published 22 Sep, 2020 02:39am

Opposition's was a 'desperate move': Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi Monday warned the opposition parties in the parliament to refrain...

Published 22 Sep, 2020 02:39am

Europe

Over 60 wealthy nations join WHO's Covid-19 vaccine plan

Among those who have signed up are "the European Commission ... on behalf of 27 EU member states plus Norway and Iceland," it said.

Published 22 Sep, 2020 02:51am

Currency

Outlook 'improves': SBP holds policy rate at 7 percent

KARACHI: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) has decided to keep the policy rate...

Published 22 Sep, 2020 02:39am

Europe

No EU sanctions on Belarus despite opposition leader plea

Cyprus's position has support from some EU countries, but the patience of others is wearing thin.

Published 22 Sep, 2020 02:49am

Pakistan

Govt not taking opposition’s long march seriously: Shafqat

Shafqat said the PML-N was creating rumors about Nawaz’s health condition, but APC had badly exposed him a healthy man.

Published 22 Sep, 2020 02:46am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ...

Published 22 Sep, 2020 02:45am

Pakistan

Opposition criticizes national institutions for personal interest: Vowda

He said government would never compromise with those persons involved in corruption and money laundering cases.

Published 22 Sep, 2020 02:44am

Currency

Those paying respect to currency notes now seeking respect for votes: Sheikh Rashid

The language used by Nawaz was for point scoring, besides getting money laundering cases against him scrapped, he added.

Published 22 Sep, 2020 02:43am

Pakistan

Opposition playing tactics to avoid corruption cases: Fawad

He said members of PML-N are perturbed over the present situation and losing popularity among the masses.

Published 22 Sep, 2020 02:42am

Pakistan

Senate body discus privilege motion moved by Mushahidullah

Chairperson Committee informed the meeting that all data regarding the booking by the Senate Secretariat had been submitted to the Committee.

Published 22 Sep, 2020 02:41am

Pakistan

Minister stresses cooperation for success of National Polio Campaign

He said that media and social organizations should also create awareness among the people for vaccinating their kids.

Published 22 Sep, 2020 02:39am

World

UN chief deplores lack of multilateral solutions on 75th anniversary

UNITED NATIONS: UN Secretary-General Antonio Guterres on Monday deplored the lack of multilateral solutions to ...

Published 22 Sep, 2020 02:39am

World

Partial virus lockdown in Madrid as US deaths near 200,000

MADRID/NEW YORK: A million people in and around the Spanish capital on Monday were under a new lockdown to contain...

Published 22 Sep, 2020 02:39am

World

EU sanctions three firms for breaking Libya arms embargo

BRUSSELS: The European Union on Monday imposed sanctions on three companies - one Turkish, one Kazakh and one...

Published 22 Sep, 2020 02:39am

World

US announces 'UN' sanctions on Iran, Venezuela's Maduro

WASHINGTON: The United States said Monday it was imposing sanctions on Iran's defense ministry and Venezuelan...

Published 22 Sep, 2020 02:39am

World

India tests new French fighter jets in skies near China border

NEW DELHI: India's new French Rafale jets have flown "familiarisation" flights above the border region contested ...

Published 22 Sep, 2020 02:39am

World

At least 15 dead in India building collapse

BHIWANDI, (India): At least 15 people were killed and up to 25 others were still feared trapped Monday after a...

Published 22 Sep, 2020 02:39am

Technology

Microsoft buys gaming firm ZeniMax Media for $7.5bn

WASHINGTON: Software giant Microsoft on Monday announced would acquire ZeniMax Media for $7.5 billion, marking a...

Published 22 Sep, 2020 02:39am

Technology

Jazz opens 'The Digital House' in Karachi

ISLAMABAD: Jazz, Pakistan's number one 4G operator and the largest internet and broadband service provider,...

Published 22 Sep, 2020 02:39am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 22 Sep, 2020 02:39am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 22 Sep, 2020 02:39am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 22 Sep, 2020 02:39am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 22 Sep, 2020 02:39am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 22 Sep, 2020 02:39am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 22 Sep, 2020 02:39am

Exchange

Dividend/Bonus Announcements

KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2020 02:39am

Exchange

Board meetings in progress

KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2020 02:39am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 22 Sep, 2020 02:39am

Stocks

Electronic/credit of dividend warrants/bonus/right share certificates

KARACHI: Electronic/credit of dividend warrants/bonus/right share certificates....

Published 22 Sep, 2020 02:39am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 22 Sep, 2020 02:39am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (September 21, 2020)....

Published 22 Sep, 2020 02:39am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 22 Sep, 2020 02:39am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (September 21, 2020)....

Published 22 Sep, 2020 02:39am

Currency

THE RUPEE: Weakens vs USD

KARACHI: On Monday, upon market closing, Pakistan Rupee went down against USD in both interbank and open markets. It...

Published 22 Sep, 2020 02:39am

Pakistan

The Weather

KARACHI: The weather report on Monday (September 21, 2020) and the forecast for Tuesday (September 22, 2020)....

Published 22 Sep, 2020 02:39am

Pakistan

Rehabilitation of roads, sanitation work in full swing: Wahab

KARACHI: Spokesperson of Sindh Government and Advisor for Law, Environment & Coastal Development, Barrister...

Published 22 Sep, 2020 02:39am

Exchange

SC seeks details about extradition treaty with US

ISLAMABAD: The Supreme Court on Monday sought the detail of extradition treaty with America regarding exchange of...

Published 22 Sep, 2020 02:39am

Pakistan

Nawaz always fights with army, weakens institutions: Shujaat

LAHORE: Pakistan Muslim League (PML) President and former Prime Minister Ch Shujaat Hussain in his reaction to Nawaz...

Published 22 Sep, 2020 02:39am

Pakistan

Poor law & order situation: IHC gives PM's advisor three weeks to submit report

ISLAMABAD: Islamabad High Court (IHC) Monday gave Shahzad Akbar, Advisor to the Prime Minister on Interior, three...

Published 22 Sep, 2020 02:39am

Pakistan

Allegation against PML-N senator: Senate panel asks Punjab House to furnish report

ISLAMABAD: The Senate Standing Committee on Rules of Procedure and Privileges asked the Punjab House on Monday to...

Published 22 Sep, 2020 02:39am

Pakistan

NCOC to review reopening of educational institutes today

ISLAMABAD: The National Command and Operations Centre (NCOC) will review on Tuesday, the reopening of educational...

Published 22 Sep, 2020 02:39am

Pakistan

Nawaz refuses to receive arrest warrants in London

LONDON: Former prime minister Nawaz Sharif has refused to receive his arrest warrants from the Pakistan High...

Published 22 Sep, 2020 02:39am

Pakistan

Chinese envoy pays farewell call on PM

ISLAMABAD: China's Ambassador to Pakistan, Yao Jing, paid farewell call on Prime Minister Imran Khan, said a press...

Published 22 Sep, 2020 02:39am

Pakistan

Nawabshah land owned by federal government auctioned

ISLAMABAD: Nawabshah land owned by the federal government auctioned in Rs23.2 million through open bidding. 22...

Published 22 Sep, 2020 02:39am

Pakistan

Army not involved in politics, political parties told

ISLAMABAD: Pakistan military has emphasised that it should not be dragged into politics, and the same was also...

Published 22 Sep, 2020 02:39am

Pakistan

Shehryar urges Opposition to support PM

ISLAMABAD: Parliamentary Committee on Kashmir chairman Shehryar Afridi on Monday urged the opposition political...

Published 22 Sep, 2020 02:39am

Pakistan

Prisoners on death row: SC constitutes board for examination of mental condition

ISLAMABAD: The Supreme Court on Monday constituted a board for examination of mental condition of two prisoners on...

Published 22 Sep, 2020 02:39am

Exchange

Confiscation of drugs: Parliamentary body rejects inquiry conducted by Balochistan govt

ISLAMABAD: A parliamentary body on Monday rejected inquiry conducted by the Balochistan government with respect to...

Published 22 Sep, 2020 02:39am

Pakistan

Steps taken to help flood-hit people of Sindh: NDMA chief

ISLAMABAD: The government of Pakistan has taken all the necessary steps to help flood-affected people of Sindh in...

Published 22 Sep, 2020 02:39am

Opinion

Partly Facetious: Profundity of social media

"Was The Khan's decision to allow Opposition speeches to be aired on television because Sharif would expose himself...

Published 22 Sep, 2020 02:39am

Pakistan

KUBS opens admissions for MBA programmes

KARACHI: The Karachi University Business School (KUBS) on Monday has announced the admissions in Masters in Business...

Published 22 Sep, 2020 02:39am

Pakistan

Opium seized

KARACHI: Sindh Excise and Taxation (E&T) department on Monday claimed to have recovered substantial quantities ...

Published 22 Sep, 2020 02:39am

Stocks

FTSE sinks over 3pc on lockdown fears, banks slide

LONDON: The FTSE 100 marked its worst day in more than three months on Monday as HSBC and Standard Chartered slid on...

Published 22 Sep, 2020 02:39am

Stocks

Australian, NZ shares down

SYDNEY/WELLINGTON: Australia shares on Monday ended at their lowest since the end of June, dragged lower by the...

Published 22 Sep, 2020 02:39am

Stocks

Monday's early trade: Wall Street hits 7-week low

NEW YORK: Wall Street's main indexes hit their lowest in nearly seven weeks on Monday as concerns about fresh...

Published 22 Sep, 2020 02:39am

Stocks

China shares lower

SHANGHAI: China stocks ended lower on Monday, dragged by consumer staples and financial stocks after the central ...

Published 22 Sep, 2020 02:39am

Stocks

Europe sees worst stocks sell-off in 3 months

MILAN/FRANKFURT: European stocks posted their worst fall in three months on Monday as fears of a second wave of...

Published 22 Sep, 2020 02:39am

Stocks

Hong Kong shares slump

HONG KONG: Hong Kong shares fell on Monday, dragged by financials after reports said HSBC and Standard Chartered ...

Published 22 Sep, 2020 02:39am

Stocks

Oil price fall hurts major Gulf markets

DUBAI: Major Middle Eastern markets ended lower on Monday, after oil prices slid on the possible return of Libyan...

Published 22 Sep, 2020 02:39am

Technology

Abacus announces partnership with Atlassian

KARACHI: Abacus, a global consulting, technology and outsourcing firm, has announced a partnership with Atlassian, ...

Published 22 Sep, 2020 02:39am

Technology

Number of 3G, 4G users reaches 84.81m by end of August

ISLAMABAD: The number of 3G and 4G users in Pakistan reached 84.81 million by end-August, compared to 82.76 million...

Published 22 Sep, 2020 02:39am

Opinion

The die is cast

Amidst much anticipation, the Multi-Party Conference (MPC) was held in Islamabad on September 20, 2020, hosted by ...

Published 22 Sep, 2020 02:39am

Opinion

Middle East - shifting paradigm

Israel is making waves again. Nothing new. The current rapprochement was in the making for a long time. The UAE and...

Published 22 Sep, 2020 02:39am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 22 Sep, 2020 02:39am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (September...

Published 22 Sep, 2020 02:39am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 22 Sep, 2020 02:39am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (September 21,...

Published 22 Sep, 2020 02:39am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (September...

Published 22 Sep, 2020 02:39am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (September 21, 2020)....

Published 22 Sep, 2020 02:39am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (September 21, 2020). ========================== KIBOR...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (September 21, 2020). ========================...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (September 21, 2020). ========================...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (September 21, 2020). ======================== Offer Price 1,185.6598 ...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (September 21, 2020). ======================== Offer Price...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (September 21, 2020). ======================== Offer Price...

Published 22 Sep, 2020 02:39am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (September 21, 2020). ======================== Offer ...

Published 22 Sep, 2020 02:39am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (September 21, 2020). ======================== Offer Price...

Published 22 Sep, 2020 02:39am

Currency	Rate
USD PKR Interbank Selling / Jun 30	278.36
USD PKR Interbank Buying / Jun 30	278.16
USD to Japanese Yen / Jul 2	162.43
USD to Swiss Franc / Jul 2	0.81
Pound Sterling to USD / Jul 2	1.33
Euro to USD / Jul 2	1.14
SOFR % / Jul 1	3.62

Stock	Volume
S&P 500 / Jul 1	7,483.23
Nasdaq / Jul 1	26,040.03
Dow Jones / Jul 1	52,305.24
India Sensex / Jul 2	77,230.95
Tokyo Nikkei / Jul 2	69,591.75
Hang Seng / Jul 2	23,031.90
FTSE 100 / Jul 2	10,492.42
Germany DAX 30 / Jul 2	25,048.62
France CAC40 / Jul 2	8,371.51

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 1	17,780
Gold 10 Grams PKR / Jul 1	359,770
Crude Oil USD/Barrel / Jul 2	67.89
Gold Spot USD/Ounce / Jul 2	4,061.83
Cotton US¢/pound / Jul 2	77.48
Petrol/Litre / Jul 3	299.50
Diesel/Litre / Jul 3	311.47

Stock	Price
Paramount Mod / Jul 2 First Paramount Modaraba(FPRM)	15.48 ▲ 1.41 (10.02%)
First Fid. Leasing / Jul 2 First Fidelity Leasing Modaraba(FFLM)	26.70 ▲ 2.43 (10.01%)
Rupali polyester / Jul 2 Rupali Polyester Limited(RUPL)	31.54 ▲ 2.87 (10.01%)
S.G.Power / Jul 2 S.G. Power Limited(SGPL)	96.97 ▲ 8.82 (10.01%)
AN Textile Mills / Jul 2 AN Textile Mills Limited(ANTM)	41.21 ▲ 3.75 (10.01%)
Asim Textile / Jul 2 Asim Textile Mills Limited(ASTM)	28.27 ▲ 2.57 (10%)
Chashma / Jul 2 Chashma Sugar Mills Limited(CHAS)	146.45 ▲ 13.31 (10%)
Dewan Farooque Sp. / Jul 2 Dewan Farooque Spinning Mills Limited(DFSM)	27.16 ▲ 2.47 (10%)
Fateh Ind. / Jul 2 Fateh Industries Limited(FIL)	266.46 ▲ 24.22 (10%)
Frontier Ceramics / Jul 2 Frontier Ceramics Limited(FRCL)	95.17 ▲ 8.65 (10%)

Stock	Price
Tri-Pack Films / Jul 2 Tri-Pack Films Limited(TRIPF)	152.49 ▼ -16.21 (-9.61%)
Asia Ins. / Jul 2 Asia Insurance Company Limited(ASIC)	34.10 ▼ -3.58 (-9.5%)
J.A.Textile / Jul 2 J.A. Textile Mills Limited(JATM)	40.48 ▼ -4.14 (-9.28%)
Bawany Air Products / Jul 2 Bawany Air Products Limited(BAPL)	33.84 ▼ -3.27 (-8.81%)
Husein Industries / Jul 2 Husein Industries Limited(HUSI)	56.44 ▼ -5.4 (-8.73%)
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	8.52 ▼ -0.64 (-6.99%)
J.K.Spinning / Jul 2 J.K. Spinning Mills Limited(JKSM)	202.31 ▼ -13.95 (-6.45%)
Masood Textile / Jul 2 Masood Textile Mills Limited(MSOT)	109.91 ▼ -7.08 (-6.05%)
Premier Sugar / Jul 2 The Premier Sugar Mills(PMRS)	715.07 ▼ -39 (-5.17%)
ICC Industries / Jul 2 ICC Industries Limited(ICCI)	13.68 ▼ -0.72 (-5%)

Stock	Volume
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	84,688,111 ▲ 0.51
B.O.Punjab / Jul 2 The Bank of Punjab(BOP)	59,305,943 ▲ 0.46
Cnergyico PK / Jul 2 Cnergyico PK Limited(CNERGY)	40,052,059 ▲ 0.18
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	36,072,347 ▼ -0.64
TPL REIT Fund I / Jul 2 TPL REIT Fund I(TPLRF1)	31,255,007 ▲ 0.11
TPL Corp Ltd / Jul 2 TPL Corp Limited(TPL)	30,380,645 ▲ 1.2
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	29,515,535 ▼ -0.01
Beco Steel Ltd / Jul 2 Beco Steel Limited(BECO)	25,810,023 ▲ 0.34
K-Electric Ltd. / Jul 2 K-Electric Limited(KEL)	21,978,001 ▼ -0.04
Maple Leaf Cement / Jul 2 Maple Leaf Cement Factory Limited(MLCF)	20,406,901 ▲ 0.86