News Archives for Latest - 2020-10-03

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Archive - 2020-10-03

World

"No way back" for the Taliban, warns NATO

The NATO warns Taliban insurgents that there is no going back

Updated 05 Oct, 2020 05:39pm

Industry

Airbus executive says aviation outlook worse than expected

With air travel at a fraction of normal levels due to restrictions and travellers' fears related to the pandemic.
Airbus has said it needs to shed 15,000 posts worldwide.

Updated 04 Oct, 2020 12:54am

Sports

Ferro into last 16 as fellow Frenchwoman Burel misses out

Supported by a loud, albeit scarce audience on court Philippe Chatrier, Ferro prevailed after two hours and 48 minutes.
I'm very happy, it was a very tough match, physically and mentally. She makes you work for every single point. I'm really happy I pulled through.

Published 03 Oct, 2020 11:35pm

Sports

Kvitova survives stern test against teenager Fernandez

The 30-year-old Czech struck 32 winners and needed every one of them to halt her young opponent's dream debut.
Kvitova had to save a set point at 1-5 and another at 3-5 before her power game really began to have an impact.

Published 03 Oct, 2020 11:35pm

Sports

Carreno Busta beats Davis Cup team mate Bautista Agut to advance

Carreno Busta, seeded 17th, came into the match tied at 2-2 from previous meetings against 10th seed Bautista Agut.
You cannot expect an easy match when you are playing Roberto," Carreno Busta said in his on-court interview.

Published 03 Oct, 2020 11:23pm

South Asia

India's federal police to probe alleged gang rape of woman who died of injuries

The 19-year-old Dalit woman died of her injuries earlier this week, triggering protests by both opposition political parties.
India is one of the world's most dangerous places for women, with a rape occurring on average every 15 minutes based on federal data.

Published 03 Oct, 2020 11:17pm

World

Trump's COVID-19 symptoms 'very concerning', next 48 hours critical

The source, who asked not to be identified, said the next 48 hours will be critical in terms of Trump's care.
Trump had not experienced difficulty breathing, and was not given oxygen at Walter Reed.
The White House has said Trump will work in a special suite at the hospital for the next few days as a precautionary measure.

Published 03 Oct, 2020 11:17pm

Companies

Chevron Nigeria plans to cut 25pc of staff after oil price drop

There were no plans to move jobs abroad and it was engaging with its workforce on the plan.
Prices of oil, Nigeria's main export, fell sharply early this year and in April global benchmark Brent hit a 21-year low below $16 as the coronavirus outbreak hit demand.

Updated 03 Oct, 2020 11:08pm

Pakistan

Nearly 80% of Maryam Nawaz’s Twitter account is made up of bots, fake accounts

An online analysis of Maryam Nawaz’s Twitter account has revealed that behind the politician’s massive online clout, there is serious evidence to suggest that it is the result of a systematic use of online bot accounts (or fake accounts).

Published 03 Oct, 2020 09:52pm

Perspectives

The Afghan Taliban’s historical links with foreign fighters

An uncertain theme in the ongoing talks about American withdrawal from Afghanistan have been the historical links of...

Published 03 Oct, 2020 09:06pm

Pakistan

PDM selects Maulana Fazlur Rehman as its leader

The decision was made in a virtual meeting of the alliance headed by Pakistan Muslim league Nawaz (PML-N)’s secretary-general Ahsan Iqbal.

Updated 03 Oct, 2020 08:52pm

Europe

EU, UK agree to step up Brexit talks to close 'significant gaps'

The two sides have said this week's round of talks aimed at getting a new, post-Brexit trade agreement from 2021 made some progress but not a breakthrough.

Updated 03 Oct, 2020 08:10pm

Pakistan

All villages across Punjab to get potable water: governor

He said that fundamental issues have been resolved and people would harvest the benefits of progress and prosperity very soon.

Published 03 Oct, 2020 07:38pm

Pakistan

COVID claims 3 more lives, infects 267 others: CM Sindh

Syed Murad Ali Shah said that 9918 samples were tested which detected 267 new cases that constituted 2.7 percent current detection rate.

Published 03 Oct, 2020 07:37pm

Pakistan

Bullion prices on Saturday

Following were the bullion prices in Karachi on Saturday.

Published 03 Oct, 2020 07:35pm

Bullion Rate

Bullion rates in Hyderabad gold market

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

Published 03 Oct, 2020 07:34pm

Pakistan

Fed Minister Asad Umar briefs MQM-P delegation about Karachi Transformation Plan

The Karachi package announced by the Prime Minister and the projects of sanitation, transport, water supply and drainage were also came under the discussion.

Published 03 Oct, 2020 07:33pm

Pakistan

Fed Govt is in coordination with its allies: Fed Minister Asad Omar

Speaking on the occasion, the Sindh Governor said that the federal government was taking steps for the development of Sindh province on the directives of the Prime Minister.

Published 03 Oct, 2020 07:31pm

Pakistan

Minister lauds role of educational institutions during COVID-19 lockdown

The universities started online classes for its students and kept them engaged in educational activities during the difficult times, he added.

Published 03 Oct, 2020 07:30pm

Pakistan

Opposition parties have joined hands to protect their loot: CM

The alliance of the opposition parties would soon come to its logical end, Usman Buzdar said adding that the opposition leaders had nothing to do with the problems of a common man.

Published 03 Oct, 2020 07:29pm

PM's Economic Outreach Initiative kicks off

A mapping exercise of ministries and government organisations was initiated by the SAPM and presented in the meeting which was previously approved by the prime minister.

Published 03 Oct, 2020 07:26pm

Pakistan

Precautionary steps a must to deal with 2nd wave of COVID-19: CM

He said that situation in Punjab was under control with the blessings of Allah Almighty and due to the effective measures taken by the Punjab government to deal with coronavirus.

Published 03 Oct, 2020 07:23pm

Pakistan

Federal, Sindh govts agree to start trail run of KCR

The decision was made during the meeting between Chief Minister Sindh Murad Ali Shah and Federal Minister for Planning and Development Asad Umar.

Updated 03 Oct, 2020 06:59pm

Pakistan

Nawaz Sharif should tell how he made assets: Shibli

When Nawaz was out of power he became a revolutionary and when he was in power he became a dictator, he added.

Published 03 Oct, 2020 06:03pm

Pakistan

PDM leadership afraid of senate elections: Sh Rashid

He insisted that the PML-N would soon split and political sweeping was expected in the month of December or January.

Published 03 Oct, 2020 06:01pm

Pakistan

No political threat from Nawaz Sharif: Shahbaz Gill

“I am not calling Nawaz a traitor, but he is a greedy businessman, who always becomes a RAW Indian secret agency Research and Analysis Wing agent for monetary gains", Gill said.

Published 03 Oct, 2020 05:56pm

Pakistan

Pakistan's active participation in UNGA session shows commitment to UN purposes, principles: FO

He said Pakistan participated at the highest level in the opening segment of the UN General Assembly’s annual session from September 21 to October 1, 2020.

Published 03 Oct, 2020 05:54pm

Pakistan

Gold prices decrease Rs200 to Rs111,800

The price of per tola and ten gram silver remained stagnant at Rs. 1200 and Rs. 1028.80 respectively.

Published 03 Oct, 2020 05:52pm

Europe

UK's Gove says job market ‘churn’ inevitable after COVID-19 crisis

British cabinet office minister Michael Gove on Saturday said it was inevitable there would be some 'churn' in the labour market as a result of the COVID-19 pandemic.

Published 03 Oct, 2020 05:50pm

Europe

UK PM Johnson says 'resilient' Trump will make strong recovery

Johnson, who himself was hospitalised with the coronavirus in April, was speaking to reporters ahead of a call about Brexit with the European Union later on Saturday.

Published 03 Oct, 2020 05:48pm

Europe

Erdogan says Turkey stands by 'oppressed' in the Caucasus

"We strive day and night for our country to take its deserved place in the global world order. We stand by the oppressed everywhere from Syria to Libya, from the Eastern Mediterranean to the Caucasus," he said.

Updated 03 Oct, 2020 05:48pm

Pakistan

Police assault case: Nehal Hashmi, sons released on bail

Saudabad police produced the PMLN leader and his two sons Barrister Naseer Hashmi and Faheem Hashmi in the case in the city court today.

Updated 03 Oct, 2020 05:31pm

Pakistan

Video Scandal: Former Judge challenges sacking in LHC

LHC Chief Justice Muhammad Qasim Khan-led seven-member administrative committee on July 23, sacked him from after completion on an inquiry against him over alleged involvement in a video scandal.

Updated 03 Oct, 2020 05:04pm

Europe

Russia's new coronavirus cases return to highest levels, near 10,000

Russia's coronavirus crisis centre said that 174 coronavirus deaths had been confirmed in the last 24 hours, which took the official national death toll to 21,251.

Updated 03 Oct, 2020 04:48pm

Europe

Ukraine reports new daily record number of coronavirus cases

Ukraine's security council said 92 deaths of coronavirus patients were confirmed in the last 24 hours, bringing the national COVID-19 death toll to 4,353.

Published 03 Oct, 2020 04:16pm

Europe

Poland reports new record of 2,367 daily coronavirus cases

The country also registered a further 34 deaths related to COVID-19.

Published 03 Oct, 2020 04:13pm

Asia

Indonesia reports 4,007 new coronavirus cases, 83 more deaths

Indonesia reported 4,007 new coronavirus infections and 83 more deaths on Saturday.

Published 03 Oct, 2020 04:08pm

Europe

UK PM launches transport review to boost economy, strengthen ties

Johnson has in the past spoken of his desire for a 20-mile (32 km) plus bridge between Scotland and Northern Ireland.

Published 03 Oct, 2020 04:01pm

Currency

EU takes action over UK's blow to Brexit bill

London now has a month to reply to the Commission’s formal letter of complaint and even more time to change tack before the Brussels-based executive can sue at the bloc’s top court.

Published 03 Oct, 2020 03:57pm

World

Worldwide coronavirus cases cross 34.53 million, death toll at 1,026,151

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

Published 03 Oct, 2020 03:58pm

World

Trump to spend days at military hospital after COVID-19 diagnosis

Trump has played down the threat of the coronavirus pandemic from the outset, even as the disease has killed more than 200,000 Americans and hammered the U.S. economy.

Published 03 Oct, 2020 03:48pm

World

ACB officials, Umpire reportedly killed in Ghanikhil blast

The Nangarhar Governor's spokesman confirming the casualties said some gunmen wanted to enter the district Governor's compound but were killed by security forces.

Updated 03 Oct, 2020 03:57pm

Business & Finance

FBR upgrades to FASTER PLUS system to facilitate exporters refunds

Salient feature of these checks is that if any refund claimant files his refund claim with errors, the system would guide it in easy non-technical language.
Parameters have been updated to categorize ex-zero-rated sectors so that refunds claims are properly channeled through FASTER Module.

Published 03 Oct, 2020 03:46pm

Asia

Malaysia will not re-impose coronavirus curbs for now despite spike

Malaysia has avoided the level of outbreaks seen in neighbours the Philippines and Indonesia, which have 319,330 and 299,506 cases respectively.

Published 03 Oct, 2020 03:45pm

World

China's Xi wishes Trump speedy recovery

He has sparred with Beijing over its handling of the virus, heightening tensions between the two countries.

Published 03 Oct, 2020 03:38pm

Perspectives

SBP Rozgar Scheme and its role in stabilizing the economy

The Coronavirus pandemic continues to wreak havoc on the economic as well as medical infrastructures of nations...

Published 03 Oct, 2020 03:27pm

China

Gen. Asim Saleem Bajwa details the role of CPEC Authority in recent interview

In an interview with Global Village Space, Chairman of the CPEC Authority Gen. Asim Saleem Bajwa, shared his insights on why there was a need for a formalised authority for the CPEC initiative.

Published 03 Oct, 2020 03:18pm

Exchange

India successfully test fires China focused, nuclear-capable cruise missile

The new missile is capable to strike the target at a range of around 800 kilometers

Published 03 Oct, 2020 02:40pm

Business & Finance

KSA Civil Aviation issues new rules for Pakistani and other international travelers

Furthermore, travelers must adhere to the preventive health procedures that impose home quarantine for those arriving from outside the Kingdom (for Saudis and non-Saudis), as per the period determined by the Health Ministry

Published 03 Oct, 2020 02:42pm

Pakistan

MQM-P delegation calls on Governor Sindh, Asad Umar

The delegation comprising lawmakers Aminul Haque, Khawaja Izharul Hasan and Kanwar Naveed Jameel discussed different development projects initiated by the federal government during the meeting at the Governor house.

Updated 03 Oct, 2020 02:09pm

Pakistan

Pakistan now requires a negative COVID-19 test from the US, UK passport holders

Australia, Canada, China, Japan, Saudi Arabia have been exempted from this requirement.

Updated 03 Oct, 2020 01:50pm

Pakistan

HEC nominates 32 engineering students to study in China

The 32 were selected from a pool of 1,173 applicants.

Published 03 Oct, 2020 01:46pm

Perspectives

Privatization: The good and bad

In the 1990s Pakistan started off on an ambitious multi-step power sector reforms programme. It was a long and...

Published 03 Oct, 2020 01:16pm

Business & Finance

Foreign investors withdraw over USD160mn from stock and bonds

During the first three months of the current financial year 21-2020, there was a general trend of selling bonds and shares by foreign investors.

Published 03 Oct, 2020 12:20pm

Pakistan

Outgoing naval chief pays farewell call on chairman joint chiefs of staff committee

Admiral Zafar Mahmood Abbasi will retire on October 6.

Published 03 Oct, 2020 11:36am

World

Trump hospitalized after testing positive for COVID-19, election campaign grounded

There is no clarity on President Trump's health and he is likely to remain hospitalized for the next two weeks

Published 03 Oct, 2020 11:35am

Technology

Facebook now allows Pakistani users to tie-up Instagram and Messenger

This upgrade was rolled out in August, with the testing beginning from Algeria, Argentina, Chile and Malaysia, and is now available across Canada, Pakistan, Peru and Taiwan.

Published 03 Oct, 2020 10:54am

538 more people have recovered from COVID-19

The recovery rate is 95.1 percent

Published 03 Oct, 2020 10:50am

Technology

Bank Alfalah, Bookme.pk partners to launch e-ticketing services in Pakistan

This partnership aims to create a convenient and accessible e-ticketing experience for anyone accessing these CDMs.

Published 03 Oct, 2020 10:42am

Business & Finance

At 7.9%, U.S. jobless rate spells trouble for Trump

As the best-known summary statistic of the labor market, the U.S. unemployment rate is a “a psychologically important number” for voters, said Michael Brown, principal U.S. economist at Visa.

Published 03 Oct, 2020 10:20am

Business & Finance

Canada's Suncor Energy to cut up to 15% of jobs as pandemic crushes oil demand

The reductions will affect some 2,000 non-union jobs, said Scott Doherty, a spokesman for the Unifor union.

Published 03 Oct, 2020 10:17am

Business & Finance

Banks, investors pivot towards Biden win after Trump tests positive for COVID

The development was the latest dramatic twist in an extraordinary election year that had many banks and investors planning for no clear winner on Nov. 3 with a global market panic expected to ensue, Reuters reported Wednesday.

Published 03 Oct, 2020 10:13am

Kerb

Facebook, Twitter, Google CEOs will testify before U.S. Senate committee

Facebook and Twitter confirmed on Friday that their CEOs, Mark Zuckerberg and Jack Dorsey, respectively, will appear, while a source said that Google’s Sundar Pichai will appear.

Published 03 Oct, 2020 10:08am

USA

US slaps sanctions on Belarus officials

WASHINGTON: The US Treasury hit eight Belarus officials with punitive sanctions Friday for what it called their ...

Updated 03 Oct, 2020 03:14am

Pakistan

Ravi Riverfront project: Timely completion top priority: PM

ISLAMABAD: Prime Minister Imran Khan on Friday, chairing a review meeting on the progress of Ravi Riverfront Urban...

Updated 03 Oct, 2020 03:13am

Pakistan

Sania reviews progress on Ehsaas policy

ISLAMABAD: Dr Sania Nishtar, Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation,...

Updated 03 Oct, 2020 03:13am

Exchange

Foiled attack on PSX: PSX honours courageous men

KARACHI: Pakistan Stock Exchange (PSX) honoured the fallen and injured soldiers in the terrorist attack on June 29,...

Updated 03 Oct, 2020 03:13am

Pakistan

Shallwani initiates plantation campaign

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Friday said historical Burns Garden has been opened for the...

Updated 03 Oct, 2020 03:13am

Pakistan

MQM-P's rally made PPP restless, claims Izhar

KARACHI: Muttahida Qaumi Movement (MQM-P) Friday said party's successful rally for the rights of Karachi has made...

Updated 03 Oct, 2020 03:13am

Pakistan

AC adjourns hearing of reference against Khwaja Brothers till 14th

LAHORE: An accountability court on Friday adjourned to October 14 the hearing of a reference against former railways...

Updated 03 Oct, 2020 03:13am

Life & Style

Aaj TV - Saturday's Program schedule

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

Updated 03 Oct, 2020 03:10am

Middle East

Makkah to reopen for limited Umrah on Sunday

RIYADH: Saudi Arabia will reopen the Muslim holy places for the year-round Umrah pilgrimage on Sunday, scaled back...

Updated 03 Oct, 2020 03:10am

Europe

Anger from Moscow, Minsk as EU sanctions Belarus

BRUSSELS: The EU hit Belarus officials with long-awaited sanctions over the country's political crisis on Friday,...

Updated 03 Oct, 2020 03:10am

September exports post 6 percent growth YoY

ISLAMABAD: The country's exports have posted six percent growth in September 2020-21 to $1.872 billion as compared ...

Updated 03 Oct, 2020 03:08am

British brothers buy Walmart's Asda with TDR in $8.8 billion deal

LONDON: Britain's billionaire Issa brothers and private equity group TDR Capital have bought Asda from Walmart in a...

Updated 03 Oct, 2020 03:08am

Over Rs 1 trillion collected against Q1 Rs 970 billion target

ISLAMABAD: The Federal Board of Revenue has shown a remarkable performance during first quarter of 2020-21 by...

Updated 03 Oct, 2020 03:08am

Exchange

PM for greater use of technology in energy sector

ISLAMABAD: Prime Minister Imran Khan on Friday said the use of technology in energy sector would not only lessen the...

Updated 03 Oct, 2020 03:08am

Pakistan

Dry weather likely throughout country

KARACHI: Mainly dry weather is likely to prevail over most parts of the country in the next 24 hours, the Met Office...

Updated 03 Oct, 2020 03:06am

Pakistan

MCC Gwadar seizes heroin worth Rs 1.06 billion

KARACHI: The Model Customs Collectorate (MCC), Gwadar, on Friday claimed to have thwarted an attempt to transport...

Updated 03 Oct, 2020 03:06am

Pakistan

Taung Block Jamshoro: Murad directs ED to expedite EPA study

KARACHI: Sindh Chief Minister Syed Murad Ali Shah Friday directed the Environment Department to expedite EPA study ...

Updated 03 Oct, 2020 03:06am

Pakistan

Political stability must to generate high tax to GDP ratio

LAHORE: Political stability is must to generate high tax to GDP ratio in Pakistan, said experts, adding that economy...

Updated 03 Oct, 2020 03:06am

Currency

Government acknowledges outbreak of fall armyworm in Punjab, Sindh

LAHORE: Officially acknowledging the outbreak of fall armyworm (FAW) in Pakistan, a new pest causing damage to maize...

Updated 03 Oct, 2020 03:06am

Pakistan

Groundwater Replenishment Initiative launched: WWF-Pakistan organizes field visit for stakeholders

LAHORE: WWF-Pakistan has launched Groundwater Replenishment Initiative which includes Rainwater Harvesting System...

Updated 03 Oct, 2020 03:06am

Pakistan

126 fresh corona cases, two deaths reported in Punjab

LAHORE: As many as 126 corona positive cases and two deaths were reported across the province Punjab during the last...

Updated 03 Oct, 2020 03:06am

Pakistan

Justice Manzoor Hussain Sial laid to rest

LAHORE: Justice Manzoor Hussain Sial, former Judge Supreme Court of Pakistan passed away in Lahore yesterday on...

Updated 03 Oct, 2020 03:06am

Pakistan

CM approves in principle 'street and night tourism' in Lahore

LAHORE: Chief Minister Sardar Usman Buzdar, while chairing a meeting about the revival of cultural and...

Updated 03 Oct, 2020 03:06am

Pakistan

ECP releases final voters list: Number of registered voters increased by 9.7 millions since 2018

ISLAMABAD: Election Commission of Pakistan (ECP) released on Friday the final voter lists containing 115,748,753...

Updated 03 Oct, 2020 03:06am

Opinion

PARTLY FACETIOUS: Pemra has acted swiftly

"The regulator Pemra has acted swiftly and banned the airing of any speech by a convicted felon and..." "How ...

Published 03 Oct, 2020 02:45am

Opinion

Impoverished by democracy?

Right after last week's title, this one probably is sufficient circumstantial evidence for many to argue that my...

Published 03 Oct, 2020 02:45am

Opinion

Energy sector challenges

Prime Minister Imran Khan, while chairing a meeting this week to review progress of reforms in the energy sector, is...

Published 03 Oct, 2020 02:45am

Editorials

PM at the UN

EDITORIAL: Prime Minister Imran Khan did not disappoint during his address to the United Nations General Assembly...

Published 03 Oct, 2020 02:45am

Opinion

Trump age and weight add to Covid risks

As a 74-year-old obese man, Donald Trump has several known risk factors after contracting Covid-19, but experts say...

Published 03 Oct, 2020 02:45am

TCP issues tender to buy 50,000 tonnes of sugar

HAMBURG: The Trading Corporation of Pakistan (TCP) has issued an international tender to purchase 50,000 tonnes of...

Published 03 Oct, 2020 02:45am

Opinion

Major US firms roll out parade of layoffs over virus crisis

Hit hard by the coronavirus crisis and with new government stimulus funding in limbo, Disney, American Airlines and...

Published 03 Oct, 2020 02:45am

Letters

Remembering Gamal Abdel Nasser

It was fifty years ago that President Gamal Abdel Nasser, hero of the Arab world, father of Arabism and United Arab...

Published 03 Oct, 2020 02:45am

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 03 Oct, 2020 02:49am

Exchange

The Day Of German Unity October 3: Message from Holger Ziegeler, Consul General of Germany in Karachi

This year, the CoVID-19 pandemic disrupted our public and private life all over the world. Germany contributed in...

Published 03 Oct, 2020 02:45am

Supplements

The Day Of German Unity October 3: METRO Pakistan (Pvt) Limited

Strengthening the local economy Metro Pakistan strengthens the documented economy and is an important exchequer...

Published 03 Oct, 2020 02:45am

Europe

Macron unveils plan to defend France's secular values

LES MUREAUX, (France): President Emmanuel Macron unveiled a plan Friday to defend France's secular values, ...

Published 03 Oct, 2020 02:45am

Europe

UK looks to EU to break Brexit talks impasse

BRUSSELS: Britain and the European Union on Friday said post-Brexit trade talks remained deadlocked on key areas, as...

Published 03 Oct, 2020 02:45am

ECC allows GTG import of wheat from Russia

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet allowed import of 180,000 metric tons of wheat...

Published 03 Oct, 2020 02:45am

Shariah-compliant business: SBP issues guidelines for DFIs

KARACHI: The State Bank of Pakistan (SBP) issued guidelines for Development Finance Institutions (DFIs) to undertake...

Published 03 Oct, 2020 02:45am

Currency

State Bank of Pakistan conversion rates

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

Published 03 Oct, 2020 02:45am

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 03 Oct, 2020 02:45am

Forex

Exchange rates: buying and selling

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

Published 03 Oct, 2020 02:45am

Forex

Currency notes: exchange rates

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

Published 03 Oct, 2020 02:45am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

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 03 Oct, 2020 02:45am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (October 2,...

Published 03 Oct, 2020 02:45am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 03 Oct, 2020 02:45am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (October 2, 2020). ========================== KIBOR...

Published 03 Oct, 2020 02:45am

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 03 Oct, 2020 02:45am

Exchange

Clearing Schedule for T+2 System

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

Published 03 Oct, 2020 02:45am

Exchange

Proposed right issues

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

Published 03 Oct, 2020 02:45am

Stocks

Last date of renunciation/payment

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

Published 03 Oct, 2020 02:45am

Exchange

BOARD MEETINGS

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

Published 03 Oct, 2020 02:45am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (October 2, 2020). ==================================== BR...

Published 03 Oct, 2020 02:45am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Oct, 2020 02:45am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Friday (October 2, 2020)...

Published 03 Oct, 2020 02:45am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

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 03 Oct, 2020 02:45am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

Currency

THE RUPEE: Dollar weakens

KARACHI: On Friday, upon market closing, USD went down against PKR in both interbank and open markets. PKR also...

Published 03 Oct, 2020 02:45am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (October 2, 2020). ======================== Bid Rate Rs...

Published 03 Oct, 2020 02:45am

Pakistan

The Weather

KARACHI: The weather report on Friday (October 2, 2020) and the forecast for Saturday (October 3, 2020)....

Published 03 Oct, 2020 02:45am

Pakistan

NA panel forwards 3 amendment bills to legislative drafting council

ISLAMABAD: The National Assembly Standing Committee on Law and Justice on Friday forwarded three amendment bills to...

Published 03 Oct, 2020 02:45am

Pakistan

Qureshi reiterates support for full realisation of women's rights

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has expressed Pakistan's strong support for the full realisation of...

Published 03 Oct, 2020 02:45am

Pakistan

Banigala Botanical Gardens & National Park: SC summons top officials in demarcation case

ISLAMABAD: The Supreme Court summoned top officials of the Capital Development Authority (CDA), the Islamabad ...

Published 03 Oct, 2020 02:45am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 163,395 tonnes of cargo comprising 103,367 tonnes of import cargo and 60,028 ...

Published 03 Oct, 2020 02:45am

Grains

Rice export prices fall in most Asian hubs

HANOI: Rice export prices eased this week in most hubs on lackluster demand with fresh supplies expected to be a...

Published 03 Oct, 2020 02:45am

Grains

Vietnam's coffee prices fall on weak global cues

HANOI/BANDAR LAMPUNG: Vietnam's domestic coffee prices dropped for the second week on weak global cues, while...

Published 03 Oct, 2020 02:45am

Cotton

CPI inflation jumps to 9.04 percent YoY in September

ISLAMABAD: The Consumer Price Index-based inflation of September 2020 increased by 1.54 percent over August 2020...

Published 03 Oct, 2020 02:45am

SPI up 0.71 percent WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended October 1, 2020, recorded an increase of 0.71...

Published 03 Oct, 2020 02:45am

Mutual Funds

PSX plummets: BRIndex100 slips

KARACHI: Pakistan Stock Exchange on Friday witnessed bearish trend and closed the week on a negative note due to...

Published 03 Oct, 2020 02:45am

Cotton & Textile

Cotton yarn valued at $54.613 million exported to China in August

BEIJING: Pakistan exported US 54.613 million dollars of cotton yarn in August, registering a year-on-year decline of...

Published 03 Oct, 2020 02:45am

Commodities

Gold up by Rs 300

KARACHI: Gold prices were closed at Rs112,000 per tola, up by Rs300 on the local market, traders said. The precious...

Published 03 Oct, 2020 02:45am

Industry

PCDMA elects office-bearers

KARACHI: Mirza Nadeem Baig elected un-opposed Chairman and Mubasher Umer Vice Chairman of Pakistan Chemicals &...

Published 03 Oct, 2020 02:45am

Industry

Industrial production suffers due to erratic gas supply: FPCCI

KARACHI: Mian Anjum Nisar, president of the Federation of Pakistan Chambers of Commerce and Industry, has urged the...

Published 03 Oct, 2020 02:45am

Cotton & Textile

KCA raises cotton spot rate by Rs 50 to Rs 9000

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Friday increased the spot rate by Rs 50 per...

Published 03 Oct, 2020 02:45am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 2, 2020)....

Published 03 Oct, 2020 02:45am

Commodities

PMEX daily trading report

KARACHI: On Thursday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.964 billion and...

Published 03 Oct, 2020 02:45am

Currency

Aussie, kiwi slip

SYDNEY: The Australian and New Zealand dollars slipped on Friday and bonds jumped as risk appetite soured after US...

Published 03 Oct, 2020 02:45am

Energy

Oil prices down 3 percent

NEW YORK: Oil prices fell 3% on Friday after US President Donald Trump tested positive for Covid-19, roiling risky...

Published 03 Oct, 2020 02:45am

Money & Banking

Sterling rises as UK, EU continue Brexit talks

LONDON: Sterling rose on Friday, after German Chancellor Angela Merkel said she had no breakthrough to announce from...

Published 03 Oct, 2020 02:45am

Cotton & Textile

Cotton futures fall

NEW YORK: ICE cotton futures fell on Friday, on track to post their first weekly decline in three, on market...

Published 03 Oct, 2020 02:45am

Currency

Dollar, yen surge in European trade

LONDON: The US dollar and the safe-haven Japanese yen clung to their earlier gains on Friday after US President...

Published 03 Oct, 2020 02:45am

Currency

Early trade in New York: Dollar, yen rise

NEW YORK: The safe-haven yen and dollar rose on Friday after President Donald Trump tested positive for Covid-19,...

Published 03 Oct, 2020 02:45am

Commodities

Gold holds above $1,900 in NY

NEW YORK: Gold clung to the $1,900 level in choppy trading early in New York on Friday, with gains capped by a firm...

Published 03 Oct, 2020 02:45am

Commodities

Copper hits seven-week lows

LONDON: Copper prices hit seven-week lows on Friday as demand and economic growth concerns were reinforced by news...

Published 03 Oct, 2020 02:45am

Commodities

Palm oil slips over 2 percent

JAKARTA: Malaysian palm oil futures fell nearly 3% on Friday as prices of crude oil fell after US President Trump...

Published 03 Oct, 2020 02:45am

Industry

Slowing job growth leaves nearly 4 millions Americans permanently unemployed

WASHINGTON: US employment growth slowed more than expected in September and more than 300,000 Americans lost their...

Published 03 Oct, 2020 02:45am

Industry

Rolls-Royce boosts finances with £5.0 billion plan

LONDON: British aerospace giant Rolls-Royce, facing plunging demand as the coronavirus pandemic sparks an air...

Published 03 Oct, 2020 02:45am

Industry

Deloitte scraps report on climate change benefit for GDP

PRAGUE: Global accounting and consulting firm Deloitte said Friday it had withdrawn a report that had concluded...

Published 03 Oct, 2020 02:45am

Currency

ECB asks citizens to weigh in on digital euro

FRANKFURT AM MAIN: The European Central bank "should be prepared" to possibly launch a digital currency, president...

Published 03 Oct, 2020 02:45am

Energy

Senate body takes up matter of RLNG tariff for domestic consumers

ISLAMABAD: Senate Standing Committee on Petroleum on Friday took up matters of RLNG tariff rates being charged from...

Published 03 Oct, 2020 02:45am

Taxes

KP collection up 33 percent in 1Q

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) showed 33% growth rate in the first quarter of the fiscal...

Published 03 Oct, 2020 02:45am

Energy

OGRA: CD appoints member oil

ISLAMABAD: The quorum of Oil and Gas Regulatory Authority (OGRA) has been completed with the appointment of member...

Published 03 Oct, 2020 02:45am

Money & Banking

AHL shines at CFA Awards

KARACHI: Arif Habib Limited (AHL), one of Pakistan's leading Brokerage and investment banking firms, has been...

Published 03 Oct, 2020 02:45am

Editorials

Making Pakistan Railways work

EDITORIAL: Even after all the problems the Railways has faced since the Pakistan Tehreek-e-Insaf (PTI) government...

Published 03 Oct, 2020 02:45am

September POL sales dip 2 percent MoM

KARACHI: Total POL sales dipped by 2 percent on month-on-month basis to 1.52 million tons in September 2020. The...

Published 03 Oct, 2020 02:45am

Assessment mechanism: FBR unveils settlement form for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a settlement form for the business/industry and trade, who...

Published 03 Oct, 2020 02:45am

PIA sacks 28 employees over misconduct

KARACHI: Pakistan International Airlines (PIA) has dismissed its 28 employees over misconduct and their involvement...

Published 03 Oct, 2020 02:45am

Tabish Gauhar made PM's Special Assistant on Power

ISLAMABAD: Tabish Gauhar has been appointed as Prime Minister's Special Assistant on Power on Friday. The Cabinet...

Published 03 Oct, 2020 02:45am

Elections: G-B government decides not to call out army

GILGIT: In a major development, the regional government has decided not to acquire the services of the army for...

Published 03 Oct, 2020 02:45am

PM asks PTI to adopt 'aggressive' anti-opposition policy

ISLAMABAD: Prime Minister Imran Khan has reportedly asked party spokesmen and members to adopt an aggressive policy...

Published 03 Oct, 2020 02:45am

Currency

Nawaz's assets: NAB seeks details from ECP, SECP and FBR

ISLAMABAD: The investigation officer of the National Accountability Bureau (NAB) informed the accountability court...

Published 03 Oct, 2020 02:45am

Covid-19 challenge: Timely, calibrated economic response articulated: SBP chief

Exchange

Financial

Yields remain range-bound after jobs data, Trump diagnosis

Demand for safe-haven Treasuries fell on Friday afternoon, lifting yields, as the White House tried to reassure Americans that Trump was still working from isolation.
The benchmark 10-year yield was last up 1.7 basis points to 0.694%, steepening the yield curve modestly as the two-year yield remained anchored.

Published 03 Oct, 2020 01:49am

Energy

US natgas falls with crude after Trump tests positive for coronavirus

Front-month gas futures on the New York Mercantile Exchange (NYMEX) fell 8.9 cents, or 3.5%, to settle at $2.438 per million British thermal units.
The cash market's depressed trading signals a broader weakness that will need to be mitigated before NYMEX trading can strengthen.

Published 03 Oct, 2020 01:48am

Forex

Argentine peso weakens sharply after central bank abandons crawling peg

The peso, which has been caged by capital controls since late last year, closed down 0.91% to 76.95 per dollar.
In our view, these measures are steps in the right direction as they depart from the systematic reaction function of more FX controls shown previously.

Published 03 Oct, 2020 01:46am

Forex

Canadian dollar pares weekly gain as US political uncertainty climbs

Canadian dollar falls 0.2% against the greenback.
Price of US oil settles 4.3% lower.
The loonie gains 0.6% for the week.
Canadian bond yields trade mixed across a steeper curve.

Published 03 Oct, 2020 01:44am

Commodities

CBOT wheat ends higher on technical buying, dryness in Russia

CBOT December soft red winter wheat settled up 3 cents at $5.73-1/2 per bushel.
Russia could provide details in the middle of this month on a possible grain export quota for the first half of next year.

Published 03 Oct, 2020 01:39am

Commodities

CBOT corn ends lower on US harvest pressure

CBOT December corn settled down 3 cents at $3.79-3/4 per bushel.
A day earlier, US commodity brokerage StoneX lowered its US corn yield estimate to 179.0 bpa.

Published 03 Oct, 2020 01:35am

Commodities

CBOT soy ends down ahead of busy US harvest weekend

CBOT November soybean futures settled down 2-3/4 cents at $10.20-3/4 per bushel.
CBOT December soymeal ended up $4 on Friday at $351.90 per short ton after setting a contract high at $354.10.

Published 03 Oct, 2020 01:33am

Commodities

Arabica coffee recovers after hitting two-month low, sugar flat

Raw sugar closed stable while cocoa fell, weighed down by a broad decline in commodity and other financial markets.
November robusta coffee settled up $2, or 0.2%, at $1,290 a tonne.

Published 03 Oct, 2020 01:27am

Stocks

Wall St closes lower as Trump tests positive for COVID-19

Tech shares weighed heaviest on the indexes, but the blue-chip Dow's losses were mitigated by gains in economically sensitive cyclical stocks.
Markets are also paying attention to the likelihood that another stimulus package will pass soon.

Published 03 Oct, 2020 01:23am

USA

Pelosi says airline aid deal is near, asks for halt to job cuts

Republicans "killed this legislation," DeFazio said angrily, hitting a lectern. "These people's lives are at stake."
The House is to return to session Tuesday, and the Senate could take up a standalone measure next week if a broader coronavirus deal is not reached.

Updated 03 Oct, 2020 01:22am

Stocks

Wall St retreats as Trump tests positive for COVID-19

News could hurt Trump's campaigning ability – analysts.
US jobs growth slows more than expected in September.
Banks track Treasury yields lower.
Airlines slip as stimulus deal remains elusive.
Indexes off: Dow 0.08%, S&P 0.51%, Nasdaq 1.53%.

Published 03 Oct, 2020 12:01am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	278.36
USD PKR Interbank Buying / Jun 30	278.16
USD to Japanese Yen / Jul 1	162.57
USD to Swiss Franc / Jul 1	0.81
Pound Sterling to USD / Jul 1	1.33
Euro to USD / Jul 1	1.14
SOFR % / Jul 1	3.62

Stock	Volume
S&P 500 / Jul 1	7,483.23
India Sensex / Jul 1	76,922.64
Nasdaq / Jul 1	26,040.03
FTSE 100 / Jul 1	10,478.34
Dow Jones / Jul 1	52,305.24
Germany DAX 30 / Jul 1	25,040.28
France CAC40 / Jul 1	8,337.29
Tokyo Nikkei / Jul 2	69,591.75
Hang Seng / Jul 2	23,031.90

Item	Value
Crude Oil USD/Barrel / Jul 1	68
Karachi Cotton PKR/37.32 KG / Jul 1	17,780
Gold 10 Grams PKR / Jul 1	359,770
Gold Spot USD/Ounce / Jul 1	4,038.74
Cotton US¢/pound / Jul 1	77.84
Petrol/Litre / Jul 2	299.50
Diesel/Litre / Jul 2	311.47

Gainers
Losers
Leaders

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%)
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%)
Frontier Ceramics / Jul 2 Frontier Ceramics Limited(FRCL)	95.17 ▲ 8.65 (10%)
Fateh Sports / Jul 2 Fateh Sports Wear Limited(FSWL)	162.94 ▲ 14.81 (10%)
K.S.B.Pumps / Jul 2 KSB Pumps Company Limited(KSBP)	222.22 ▲ 20.2 (10%)
The Thal Ind.Corp. / Jul 2 The Thal Industries Corporation Limited(TICL)	1,057.07 ▲ 96.1 (10%)
Hala Enterprise / Jul 2 Hala Enterprises Limited(HAEL)	32.14 ▲ 2.92 (9.99%)

Stock	Price
J.A.Textile / Jul 2 J.A. Textile Mills Limited(JATM)	40.16 ▼ -4.46 (-10%)
Suhail Jute / Jul 2 Suhail Jute Mills Limited(SUHJ)	139.27 ▼ -15.47 (-10%)
Shahtaj Textile / Jul 2 Shahtaj Textile Limited(STJT)	133.60 ▼ -14.29 (-9.66%)
Fateh Ind. / Jul 2 Fateh Industries Limited(FIL)	221 ▼ -21.24 (-8.77%)
Gulistan Sp. / Jul 2 Gulistan Spinning Mills Limited(GUSM)	10.22 ▼ -0.89 (-8.01%)
D.M. Corporation / Jul 2 D.M. Corporation Limited(DMC)	192 ▼ -16.44 (-7.89%)
Husein Industries / Jul 2 Husein Industries Limited(HUSI)	57.85 ▼ -3.99 (-6.45%)
First Imrooz Mod. / Jul 2 First Imrooz Modaraba(FIMM)	202.02 ▼ -13.9 (-6.44%)
Crescent Fib. / Jul 2 Crescent Fibres Limited(CFL)	55.61 ▼ -3.72 (-6.27%)
Paramount Spinning / Jul 2 Paramount Spinning Mills Limited(PASM)	12.40 ▼ -0.74 (-5.63%)

Stock	Volume
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	31,055,011 ▲ 1.07
Blue-Ex Ltd / Jul 2 Blue-Ex Limited(BLUEX)	8,606,502 ▲ 0.33
Maple Leaf Cement / Jul 2 Maple Leaf Cement Factory Limited(MLCF)	7,032,873 ▲ 1.97
B.O.Punjab / Jul 2 The Bank of Punjab(BOP)	6,121,278 ▲ 0.34
Dewan Cement / Jul 2 Dewan Cement Limited(DCL)	6,078,317 ▲ 0.4
P.T.C.L. / Jul 2 Pakistan Telecommunication Company Ltd(PTC)	5,866,897 ▲ 0.9
Pak Int.Bulk / Jul 2 Pakistan International Bulk Terminal(PIBTL)	5,067,346 ▲ 0.31
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	4,329,060 ▼ -0.01
K-Electric Ltd. / Jul 2 K-Electric Limited(KEL)	4,081,373 ▲ 0.02
TPL Corp Ltd / Jul 2 TPL Corp Limited(TPL)	3,229,197 ▲ 0.34