News Archives for Latest - 2020-11-03

Perspectives

No Salaries Deductions for PIA Pilots Misconceptions spread by PALPA - Business as Usual

The devastating effects of COVID-19 are becoming visible with every passing day. As per the IMF & World bank...

Updated 06 Nov, 2020 09:17pm

World

U.S. Election Day unfolds smoothly, so far defying fears of disruption

The masks and boarded-up stores in many city centers were reminders of two of the issues shaping 2020’s polarizing elections, with COVID-19 still ravaging parts of the country after a summer of sometimes violence-marred protests against police brutality and racism.

Updated 04 Nov, 2020 03:03am

World

U.S. judge orders sweep for any outstanding ballots at some Postal facilities

The order mandates that USPS postal inspectors "or their designees" must start sweeping the processing facilities by 3:00 p.m. ET.

Updated 04 Nov, 2020 02:56am

Currency

FBI investigating robocalls with election misinformation

The Federal Bureau of Investigation (FBI) is probing reports of robocalls being made on Election Day, which urged people to stay home and not vote, according to a cybersecurity official.

Updated 04 Nov, 2020 12:12am

US Elections 2020

US election day: what to expect

Given that opinion polls already indicate clearly which way 38 of the 50 states will go, the focus is on 12 key states.

Updated 04 Nov, 2020 12:07am

US Elections 2020

US 'entitled to know' winner on election day: Trump

"You have to have a date, and the date happens to be November 3," he said during a visit to Republican National Committee offices in Arlington, Virginia.

Updated 04 Nov, 2020 12:01am

US Elections 2020

Kashmir becomes Pakistan in Trump Jr.'s US electoral map prediction

Trump Jr. chose Pakistan, including the entire Kashmir as voting for Donald Trump and India for Biden.

Updated 03 Nov, 2020 11:51pm

US Elections 2020

Facebook vows vigilance on Election Day misinformation efforts

Facebook said its election center is also tracking other issues such as the actions by supporters of President Donald Trump to surround campaign buses for Democrat Joe Biden.

Published 03 Nov, 2020 11:38pm

Exchange

'With the Grace of God:' Biden signs childhood home wall on election day

"His pen to God's ears," wrote one Twitter user under a photograph of the signed wall snapped by a reporter traveling with Biden as he courts votes in Pennsylvania on Election Day.

Published 03 Nov, 2020 11:19pm

Europe

UK sees Covid 'light ahead' as Liverpool gets city-wide tests

Britain, already grappling with the worst death toll in Europe, is tracking its neighbours in ramping up restrictions as a second wave of the pandemic takes grip.

Published 03 Nov, 2020 11:15pm

Stocks

US stocks open higher in Election Day session, Dow +1.2pc

Shortly after the opening bell, the Dow Jones Industrial Average stood at 27,251.58, up 1.2 percent.

Published 03 Nov, 2020 11:11pm

US Elections 2020

Top US security official urges patience over vote count

"Voters should be patient while waiting for the outcome of this year's election," said Chad Wolf, the acting secretary of homeland security.

Published 03 Nov, 2020 11:07pm

World

Europe's coronavirus infections top 11 million

Still reeling from a deadly shooting spree in the streets of Vienna on Monday evening, Austria went into partial lockdown while Greece shut down major cities.

Published 03 Nov, 2020 11:01pm

World

U.S. surpasses 102 million early ballots on eve of Election Day

Just a day before Election Day, the record-breaking number is equal to 69% of the entire voter turnout for the 2016 election.

Updated 03 Nov, 2020 11:03pm

US Elections 2020

More than 100 million voted early in US election: watchdog

The ballots, which were mailed in, deposited in drop boxes or cast at polling stations ahead of Tuesday, represent more than 72 percent of the total number of ballots cast in the 2016.

Published 03 Nov, 2020 10:58pm

US Elections 2020

America on edge as nation decides between Trump and Biden

A record-breaking number of early votes -- more than 100 million -- have already been cast in an election that has the nation on edge and is being closely watched in capitals around the world.

Published 03 Nov, 2020 10:52pm

US Elections 2020

Anxious Americans show up for an election like no other

Across the country, Americans formed lines at polling stations to make their voice heard in an election unlike any before in the United States.

Published 03 Nov, 2020 10:42pm

US Elections 2020

More Americans are satisfied with Biden's campaign than Trump's, according to Gallup poll

According to a recent Gallup poll, more Americans are satisfied with how Presidential nominee Joe Biden has conducted his campaign, as compared to that of President Trump.

Published 03 Nov, 2020 10:26pm

World

US Election Day: Five states under high alert for civilian militia activity

“Militia groups and other armed non-state actors pose a serious threat to the safety and security of American voters,” ACLED report.

Published 03 Nov, 2020 09:26pm

US Elections 2020

These states could decide the U.S. Presidential Election

The U.S. presidential election will be decided by about a dozen states that could swing to either President Donald Trump, a Republican, or Democratic challenger Joe Biden.

Updated 03 Nov, 2020 09:26pm

Pakistan

Ed-Tech firm Library 21 acquires IDG to offer elite courses to public

IDG is the second major international acquisition by Library21.

Published 03 Nov, 2020 09:23pm

Stocks

Latam FX, stocks rally as dollar dogged by election jitters

Brazil's real gains on strong manufacturing data
Markets pricing in a Biden win
Latam FX to benefit from Biden win- Reuters poll

Published 03 Nov, 2020 09:10pm

Forex

Dollar dips as investors bet on Biden victory

It appears that markets are pricing in solid odds of a Blue Wave today, implying significant fiscal stimulus and debt issuance seen in 2021.
The dollar index against a basket of currencies fell 0.55% to 93.52.

Published 03 Nov, 2020 09:06pm

Energy

Oil prices extend rally on US election day

Prices rally as financial markets recover.
Possible extension of oil output curbs supports prices.
Rising Libyan output weighs.

Published 03 Nov, 2020 09:05pm

Sports

Muzarabani stars as Zimbabwe beat Pakistan in super over

Despite the defeat Pakistan won the three-match series 2-1.

Published 03 Nov, 2020 09:04pm

Commodities

US futures firm as wider rally, weather doubts support

Share, commodity prices rally as US elections take place.
Wheat extends rebound with import demand, weather risks.
Corn, soybeans also regain ground.

Published 03 Nov, 2020 09:03pm

Energy

US natgas futures fall over 4pc on forecasts for milder weather

That price drop came despite an increase in liquefied natural gas (LNG) exports to a record high.
Data provider Refinitiv said output in the Lower 48 US states rose to a seven-week high of 90.0 billion cubic feet per day (bcfd) on Monday

Published 03 Nov, 2020 09:01pm

Stocks

TSX rises on energy boost

The energy sector climbed 2% as US crude prices were up 3.6% a barrel, while Brent crude firmed 3.1%.
The financials sector gained 1.2%. The industrials sector rose 0.7%.

Published 03 Nov, 2020 08:59pm

Commodities

Gold gains as dollar dips in run-up to US election verdict

Dollar index falls.
Gold can break above $2,000/oz due to election chaos – analyst.
Investors bet on Joe Biden win.
Markets await US Fed's two-day policy meeting.

Published 03 Nov, 2020 08:58pm

Money & Banking

ECB may cut support for indebted countries in nudge towards EU loans

The ECB promised last week to introduce more measures in December to help euro zone countries cope with the second wave of the coronavirus pandemic.
The difference between the two programmes is material and the decision will have implications for how much help the ECB might give to the bloc's most indebted countries.

Published 03 Nov, 2020 08:53pm

Financial

Yields climb as market awaits US election results

Americans headed to the polls to decide whether incumbent Republican President Donald Trump or his Democratic challenger Joe Biden will be elected president.
Yields on two- and five-year notes also reached multi-month highs earlier in the session.

Published 03 Nov, 2020 08:50pm

Forex

C$ climbs by most in 5 months, boosted by US Election Day bets

Canadian dollar rises 0.8% against the greenback.
Loonie touches its strongest since Oct. 21 at 1.3102.
Price of US oil increases 3.5%.
Canadian bond yields rise across a steeper curve.

Updated 03 Nov, 2020 08:50pm

USA

U.S. Presidential Election 2020: Trump and Biden go head-to-head as polls open

Nearly 100 million people have already cast their ballots through early voting (both in-person and absentee ballots), putting this election on course for having the highest turnout in a century.

Updated 03 Nov, 2020 08:47pm

Sports

Tendulkar urges ICC to make helmets must for batsmen

Batsmen usually wear a helmet when facing a fast bowler but take the head gear off when a spinner comes on to bowl.

Published 03 Nov, 2020 08:38pm

Pakistan

Pakistan gets offers in 320,000 tonne wheat tender

The cheapest offer was believed to have been submitted by trading house Louis Dreyfus for 110,000 tonnes.
Offers in the tender, in which the Trading Corporation of Pakistan (TCP) is seeking to buy 320,000 tonnes.

Published 03 Nov, 2020 08:17pm

Forex

Dollar dips to price Biden win on US election day

Dollar loses ground, euro rises
Investors brace for volatility after polls close
Analyst warns of election risks

Published 03 Nov, 2020 08:13pm

Currency

India central bank exploring investment options for reserves

The RBI's foreign exchange reserves stand at a record $560.63 billion.
The RBI is likely to continue to buy dollars. The problem is the dollar deployment and getting good returns.
The government is comfortable with current rupee levels. It needs to be competitive to help provide an export boost.

Published 03 Nov, 2020 08:11pm

Money & Banking

Brazil central bank minutes show more hawkish view on fiscal risks

The minutes of the Oct. 27-28 meeting of the rate-setting committee, known as Copom, struck a more hawkish tone than the policy statement.
Most importantly, they were clear that if fiscal adjustment is not maintained we will not have low interest rates.

Published 03 Nov, 2020 08:08pm

World

Americans begin casting Election Day ballots after divisive, bitter campaign

Biden, the Democratic former vice president and a career politician, has had a strong and consistent lead in national polls.
There is also fear about possible unrest. Several cities are boarding up buildings in anticipation of possible protests.

Published 03 Nov, 2020 08:04pm

US Elections 2020

On US election day, Trump says he feels 'very good' about chances

Trump said he expected victory in all the key states that will decide the election.

Published 03 Nov, 2020 08:03pm

Industry

Volkswagen takes on Tesla with first ID.4 electric models in China

The ID.4 CROZZ model is being made by Volkswagen's joint venture with FAW Group, while the ID.4 X is produced by a separate venture with SAIC Motor.
The starting price for Model 3 sedans in China is currently 249,900 yuan, after subsidies.

Published 03 Nov, 2020 08:02pm

Stocks

Major Gulf markets mixed; Aramco's Q3 profit slides

Saudi British Bank drops on poor Q3 earnings.
Egypt's non-oil private sector growth at nearly 6-yr high in Oct – PMI.

Published 03 Nov, 2020 08:00pm

Industry

Spain approves 475mn euro aid package for Air Europa

The package will comprise a 240 million euro equity-backed loan and a 235 million euro regular loan.
In the case of Air Europa, the impact of the pandemic ... is evident, due to the drastic reduction in air traffic caused by reduced mobility and fewer tourist arrivals.

Published 03 Nov, 2020 07:56pm

South Asia

North Korea building two submarines, one capable of firing ballistic missiles

North Korea has a large submarine fleet but only one known experimental submarine capable of carrying a ballistic missile.
One of the submarines North Korea is building can carry a submarine-launched ballistic missile (SLBM)," Ha Tae-keung,

Published 03 Nov, 2020 07:54pm

Commodities

Industrial metals gain as aluminium hits 18-month high

A weaker dollar, meanwhile, also buoyed metals because that makes them cheaper for non-US buyers.
Prices could retreat as new coronavirus resrictions slow economic growth in Europe and elsewhere.

Published 03 Nov, 2020 07:53pm

Stocks

Wall St set to jump on Biden victory bets, stimulus hopes

Banks, construction companies rise before the bell.
Arista climbs as profit tops estimates.
PayPal down as earnings target falls short of expectations.
Futures up: Dow 1.50%, S&P 1.19%, Nasdaq 0.69%.

Published 03 Nov, 2020 07:53pm

Europe

Ireland's latest coronavirus curbs put 85,000 temporarily out of work

Recipients of the Pandemic Unemployment Payment (PUP) have been on the rise since hitting a post-lockdown low of 205,000 at the start of October.
In positives employment news, four companies announced the creation of 1,400 new jobs in Ireland on Monday

Published 03 Nov, 2020 07:49pm

Europe

Euro zone ministers review economic response as second COVID wave rages

EU leaders agreed in July to launch a 1.8 trillion euro recovery plan to boost the economy over the next seven years from the unprecedented slump this year caused by the pandemic.
"That will be a lot of money which will be moved around over the next years," German Finance Minister Olaf Scholz.

Published 03 Nov, 2020 07:46pm

Companies

Standard Chartered Shows Financial Resilience - Profits Rise to Rs.11.9bn

Standard Chartered Bank (Pakistan) Limited delivered resilient financial performance with Profit after tax recorded at Rs.11.9bn on 30th September 2020.
Overall Revenue Growth was recorded at 12%.

Updated 03 Nov, 2020 07:47pm

Africa

Kenya starts talks with IMF on new lending facility

The government has abandoned expensive commercial debt to cut back on ballooning repayments at a time when its revenue collection has been squeezed by the pandemic.
"We are looking at a disbursement arrangement where we, to some extent, benefit from budget support," he said.

Published 03 Nov, 2020 07:45pm

Forex

Falling lira, high prices put Turkey's cenbank in tight spot

Lira down 30% this year.
Inflation remains near 12% since January.
Economy recovering after nearly 10% contraction in Q2.
Cenbank under political pressure to ease policy.

Published 03 Nov, 2020 07:41pm

Energy

Natgas flows to US LNG export plants hit record high

Data provider Refinitiv said feedgas to the LNG plants hit an all-time daily high of 10.1 billion cubic feet per day (bcfd) on Saturday.
US exports fell each month from March to July as LNG buyers this year canceled around 175 US cargoes.

Published 03 Nov, 2020 07:40pm

Commodities

Soy up 12-15 cents, corn up 2-4 cents, wheat up 4-6 cents

CBOT December soft red winter wheat last traded up 5-1/2 cents at $6.13 per bushel. K.C. December hard red winter wheat was last up 6 cents at $5.59.
Soybeans strong on concerns about declining US harvest expectations and robust export demand.

Published 03 Nov, 2020 07:38pm

Money & Banking

Hungarian central bank tweaks mortgage bond purchase scheme

The National Bank of Hungary, which has also been actively buying government bonds at weekly tenders from banks.
During the period from May 2020, mortgage bonds meeting the eligibility criteria for inclusion in the programme were issued to the tune of nearly HUF 250 billion.

Published 03 Nov, 2020 07:36pm

Financial

Ant Group's $37bn listing suspended in Shanghai and Hong Kong

The Shanghai stock exchange first announced that it had suspended Ant's initial public offering on its STAR market.
Shanghai described Ant's meeting with Chinese financial regulators as a "major event".

Published 03 Nov, 2020 07:34pm

Europe

EU, UK fail so far to bridge gaps to secure trade deal

Three stubborn sticking points.
Fisheries presents major problems.
Talks often bitter as deadline nears.

Published 03 Nov, 2020 07:31pm

World

US Homeland Security chief says no evidence 'foreign actor' has compromised votes

We have no indications that a foreign actor has succeeded in compromising or manipulating any votes in this election.
More than 90 million ballots have already been submitted in an unprecedented wave of early voting.

Published 03 Nov, 2020 07:23pm

Industry

High-power cars drive Ferrari earnings to top of guidance

Sees 2020 adjusted core earnings around 1.125 bln euros.
Q3 shipments down 6.5%, but up 15.4%% for 12-cylinders.
Milan-listed shares up 4.2%.

Published 03 Nov, 2020 07:18pm

US Elections 2020

Prayers for Kamala Harris at ancestral Indian village

Harris is already a trailblazer as California's first Black attorney general and the first woman of South Asian heritage elected to the US Senate.

Published 03 Nov, 2020 07:18pm

Industry

DRAP Launches Med Safety App to Report Adverse Drug Reactions

The Drug Regulatory Authority of Pakistan (DRAP) has launched a free mobile application for reporting adverse drug reactions.

Updated 03 Nov, 2020 07:22pm

Europe

No breakthrough as EU, UK locked in crunch talks

The EU, in parallel to the post-Brexit negotiations, last month launched legal action against Britain over the bill.

Published 03 Nov, 2020 07:16pm

Middle East

Qatar emir sets first national election for next October

Qataris have previously been able to cast ballots on constitutional reforms and in elections to a nationwide municipal council.

Published 03 Nov, 2020 07:07pm

Pakistan

521 new cases take Sindh's tally to 147,295

The province also reported six deaths.

Published 03 Nov, 2020 07:01pm

Technology

Mobile application TAG Approved by SBP to Operate as an Electronic Money Institution

TAG, a fintech startup, gets approval from the State Bank of Pakistan (SBP) to operate as an Electronic Money Institution (EMI) in Pakistan

Published 03 Nov, 2020 06:48pm

Pakistan

India has no legal no locus standi on Gilgit-Baltistan: FO

FO categorically rejected the Indian Defence Minister’s unwarranted comments regarding Gilgit-Baltistan (GB).

Published 03 Nov, 2020 06:48pm

Business & Finance

Saudi Aramco profits dive in coronavirus-hit third quarter

Aramco's net profit for the first nine months of this year also dropped 48.6 percent to $35.02 billion, the company said.

Published 03 Nov, 2020 06:19pm

Europe

Germany urges 'new deal' in relations with US after vote

German Vice Chancellor voiced hopes for Americans that the "future will be marked by reconciliation and not division."

Published 03 Nov, 2020 06:00pm

Exchange

Pakistan amongst countries affected by second wave of COVID-19, says Qureshi

FM says Pakistan has fulfilled 21 out of 27 FATF requirements while efforts are on to achieve the remaining six obligations

Published 03 Nov, 2020 05:58pm

US Elections 2020

US Election Day begins as voters decide on Trump's fate

With a huge expansion in mail-in voting to safeguard against the Covid-19 pandemic, nearly 100 million people have already made their choice.

Published 03 Nov, 2020 05:54pm

Sports

Williams propels Zimbabwe to 278-6 after Hasnain's five-wicket haul

Pakistan lead the three-match series 2-0.

Published 03 Nov, 2020 05:51pm

Middle East

Dubai ruler joins coronavirus vaccine trial

WHO has identified 42 "candidate vaccines" at the stage of clinical trials.

Published 03 Nov, 2020 05:49pm

Middle East

Khamenei says outcome of US vote will not affect Iran's policies

Trump has engaged in a policy of "maximum pressure" against Tehran, reimposing harsh sanctions that have plunged the Iranian economy into a severe recession.

Published 03 Nov, 2020 05:45pm

Stocks

Equities jump, dollar down as Americans head to polls

The dollar slid against the euro and pound, while oil prices clawed back some of their recent losses.

Published 03 Nov, 2020 05:44pm

USA

U.S. Election 2020: Social media companies outline plans to prevent misinformation

Social media companies Twitter Inc. and Facebook Inc. on Monday outlined plans for placing warning labels on posts from U.S. election candidates and campaigns that claim victory in advance of official results.

Published 03 Nov, 2020 05:10pm

Exchange

Bulls return to PSX, KSE-100 Index crosses 40,000 mark

At intra-day, the KSE-100 Index stood at 40,085.25 points showing a positive change of 973.07 points and a percent change of 2.49 percent.

Updated 03 Nov, 2020 05:02pm

Business & Finance

Govt power relief package to make Pakistan industry globally competitive: Azhar

He said the package will make Pakistan's industry competitive in the world market.

Published 03 Nov, 2020 04:49pm

Business & Finance

PM announces power relief package: industries to be provided electricity at 50% of the rate

He said if they were buying electricity for Rs16/unit, they will now have to pay Rs8/unit for additional power, the PM said.

Updated 03 Nov, 2020 04:57pm

Pakistan

Civilian injured as Indian troops resort to ceasefire violation at LoC

ISPR states that Pakistan Army responded befittingly to unprovoked Indian fire and targeted Indian post which initiated fire

Published 03 Nov, 2020 04:40pm

Pakistan

Govt has no plans to close educational institutions, businesses, PM says

He urged everyone to wear face masks and follow guidelines.

Updated 03 Nov, 2020 04:43pm

Pakistan

PDM to hold rally in Lahore's Minar-e-Pakistan on Dec 13

Rana Sanaullah demands SC to take notice of "politically motivated" cases against him and PML-N leaders

Updated 03 Nov, 2020 03:54pm

Life & Style

Netflix to debut its first Egyptian original series 'Paranormal'

The series is based on Egyptian novelist Ahmed Khaled Tawfik’s books about a doctor whose lifelong scientific convictions are suddenly called into question.

Published 03 Nov, 2020 03:42pm

Life & Style

'Baby Shark' becomes most-watched YouTube video

Two of the last four tracks to hold the most-played record on YouTube are South Korean.

Published 03 Nov, 2020 03:36pm

Business & Finance

Industrialist urges Govt to announce long-term policy for manufacturing sector

The incumbent government of Pakistan Tehreek-e-Insaf (PTI) also announced a special package targeting the construction sector.

Published 03 Nov, 2020 02:57pm

Pakistan

CPEC’s coal-power project wins IPMA Global Project Excellence Award

The awards were presented in 12 subcategories from the Research, Individual and Project Excellence Awards.

Published 03 Nov, 2020 02:21pm

Exchange

Fifth Round of Pak-European Strategic Dialogue being held today

Foreign office states the two sides would interalia share assessments on the current situation of Covid-19 pandemic

Published 03 Nov, 2020 02:18pm

Business & Finance

Pakistan, ADB inks $2mn grant agreement for COVID-19 Emergency Response

Speaking on the occasion, Country Director Asian Development Bank Xiaohong Yang reaffirmed support for the government's development vision and people-centric growth policies.

Updated 03 Nov, 2020 02:07pm

Currency

Understanding Central Bank Profitability

The State Bank of Pakistan (SBP) recently announced its financial results for FY20. Amidst much fanfare, the SBP...

Published 03 Nov, 2020 02:05pm

Cotton

China Pakistan FTA: The export conundrum

The free trade agreement (FTA) between Pakistan and China has revealed trade figures that are tilted in favor of...

Published 03 Nov, 2020 02:00pm

Pakistan

New SOPs: CAA declares seven lab tests equal to PCR-based test of COVID-19

Aviation authority states that updated version of SOPs is related to international passengers, chartered and private aircraft flights

Published 03 Nov, 2020 01:45pm

Technology

What is iPhone 12 latest feature, all about ?

As per media reports, the new iPhone 12 has a "Le DAR" sensor that can scan people through a camera and accurately measure their height to see how tall a person is.

Published 03 Nov, 2020 01:28pm

Exchange

UK man places one million pound bet on Joe Biden to defeat Donald Trump

The bet is the largest political bet ever placed on the UK's legal betting market Betfair Exchange

Published 03 Nov, 2020 01:30pm

Money & Banking

Euronet Pakistan launches consolidated credit and debit cards management and ATM driving for Faysal Bank Limited under a fully outsourced technology platform

Euronet Pakistan, a division of Euronet Worldwide Inc. (NASDAQ: EEFT), has implemented a fully-consolidated cards ...

Updated 03 Nov, 2020 01:27pm

USA

Biden Campaign Got a Big Social Media Boost from Indian Troll Farms, claims report

Presidential nominee Joe Biden's Twitter account got a sizeable boost in followers in August, after he selected Senator Kamala Harris as his running-mate for Vice President.

Updated 03 Nov, 2020 01:11pm

Pakistan

Scuffle with police: Court issues arrest warrants of Safdar Awan

The prosecution told the court that accused Safdar is not complying with court orders despite being summoned

Published 03 Nov, 2020 12:31pm

Currency

Investors brace for another wild ride on U.S. Election Night

The chief executive of hedge fund Hercules Investments has set up a trading strategy geared to benefit from a momentary spike in volatility he believes will occur when investors adjust their positions in response to the election result.

Published 03 Nov, 2020 11:48am

Pakistan

Pakistan condemns heinous terrorist attack in Vienna

*Two people and 14 others were injured in the attack.

Published 03 Nov, 2020 11:33am

Currency

China’s 'digital yuan' moving smoothly with millions of transactions

The PBOC made the decision to issue 10 million yuan ($1.5 million) worth of digital currency to 50,000 people chosen by a lottery in the country's first trial run of its cashless payment system.

Published 03 Nov, 2020 11:11am

Life & Style

TikTok users get access to Sony Music songs

The companies did not disclose financial terms of the agreement, which will let clips of music owned by Sony be used in TikTok posts.

Updated 03 Nov, 2020 10:59am

Business & Finance

Customer complaints against banks rise significantly

According to the spokesperson of the Banking Mohtasib, during the period from January 1, 2020 to September 30, 2020, 19,028 complaints were received from the public, which is 50.7 percent more than the same period last year.

Published 03 Nov, 2020 10:54am

Insufficient evidence: ATC issues detailed verdict on PM's acquittal in Parliament attack case

ATC states that intrinsic value of the prosecution evidence collected is not persuasive enough to warrant any conviction

Published 03 Nov, 2020 10:29am

Khalilzad condemns Kabul University attack, urges Taliban, Afghan govt to reach a political settlement

He said this attack is not an opportunity for the Afghan government and the Taliban to score points against each other.

Updated 03 Nov, 2020 10:30am

Pakistan

14 deaths, 1,167 COVID-19 infections reported across country

NCOC states that tests of 27,984 people were conducted while the figure of patients recovered from the virus has reached 315,446

Published 03 Nov, 2020 10:04am

Currency

PayPal tops estimates amid surge in online shopping but outlook disappoints

For the fourth quarter, PayPal expects adjusted profit to grow in a range of 17% to 18%, below analysts’ estimated growth of about 24%, according to IBES data from Refinitiv.

Published 03 Nov, 2020 10:16am

Business & Finance

Oil falls as COVID-19 cases soar, Libya output jumps

U.S. West Texas Intermediate (WTI) crude futures slipped 6 cents, or 0.2%, to $36.75 a barrel at 0159 GMT, while Brent crude futures fell 15 cents, or 0.4%, to $38.82.

Published 03 Nov, 2020 10:14am

Currency

Hong Kong wants cryptocurrency trading platforms to be regulated: SFC

Financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns.

Published 03 Nov, 2020 10:12am

Technology

Twitter board expresses confidence in CEO Dorsey

“The committee expressed its confidence in management and recommended that the current structure remain in place,” the board said in a regulatory filing.

Published 03 Nov, 2020 10:03am

Mutual Funds

Agriautos Industries Limited

Agriautos Industries Limited (PSX: AGIL) was established in 1981 as public limited company. The company manufactures...

Published 03 Nov, 2020 09:31am

BR Research

Readymade garments take charge

The first quarter (1QFY21) post Corona-quarter (4QFY20) was an encouraging one in terms of exports. Anyone looking...

Published 03 Nov, 2020 07:30am

Mutual Funds

Bear run at PSX: liquidity, not fundaments

Pak Rupee has appreciated by 4.3 percent against US dollar in the last two months, the 10-Y bond yields are down by...

Published 03 Nov, 2020 07:30am

BR Research

Private sector credit: snapshot 1QFY21

Even after substantial drop in the cost of loans, and various sorts of fresh loans and loan restructuring under the...

Published 03 Nov, 2020 07:29am

BR Research

NetSol: mixed bag

Following a tough Apr-Jun quarter during the height of coronavirus first wave, NetSol Technologies Limited (PSX:...

Published 03 Nov, 2020 07:29am

Life & Style

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 VOA (VIEW-360) 06:55...

Updated 03 Nov, 2020 03:13am

COAS, Khalilzad discuss regional security

ISLAMABAD: The US envoy for Afghanistan Reconciliation, Zalmay Khalilzad, on Monday called on Chief of Army Staff...

Updated 03 Nov, 2020 03:13am

20 officials of Senate test positive

ISLAMABAD: The federal capital is in the grip of its worst surge as some 20 officials of the Upper House of the...

Updated 03 Nov, 2020 03:13am

Moderate-intensity quake jolts Karachi

ISLAMABAD: A moderate intensity quake of 3.6 magnitude at international Richter Scale jolted Karachi early morning ...

Updated 03 Nov, 2020 03:13am

PR pension liability: MoF says cannot bear additional burden

ISLAMABAD: Finance Ministry is said to have opposed transferring pension liability of Pakistan Railways (PR) to the...

Updated 03 Nov, 2020 03:13am

Exchange

SECP allows cash dividend to NRVA holders

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to allow companies to make payment...

Updated 03 Nov, 2020 03:13am

Exchange

IMF insisting on contractionary policies

ISLAMABAD: With the International Monetary Fund (IMF) reportedly insisting on politically challenging contractionary...

Updated 03 Nov, 2020 03:13am

Provisional figures: Jul-Oct collection stands at Rs 1.337 trillion

ISLAMABAD: The Federal Board of Revenue's provisional revenue collection stood at Rs1,337 billion during ...

Updated 03 Nov, 2020 03:13am

Cotton

Review of GIDC judgement: SC dismisses petitions

ISLAMABAD: The Supreme Court Monday, with a majority of two to one, dismissed the petitions seeking review of the...

Updated 03 Nov, 2020 03:13am

Fixing wheat support price a catch-22

ISLAMABAD: The federal cabinet is said to be facing a catch -22 situation on fixation of Minimum Support Price (MSP)...

Updated 03 Nov, 2020 03:13am

Exports register lower growth in October: Dawood

ISLAMABAD: The country's exports have registered lower growth in October 2020 compared to the corresponding period ...

Updated 03 Nov, 2020 03:13am

Exchange

Cabinet has a plateful of thorny issues

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

Updated 03 Nov, 2020 03:13am

Trump dismisses 'fake' polls, Biden says time to end the 'chaos'

FAYETTEVILLE, (United States): President Donald Trump entered his final day of campaigning for reelection Monday by...

Updated 03 Nov, 2020 03:13am

Covid-19 crisis: IMF tells G20 countries to 'keep spending'

WASHINGTON: The International Monetary Fund on Monday warned Group of 20 major economies that the coronavirus crisis...

Updated 03 Nov, 2020 03:13am

Cotton

CPI inflation up 1.70 percent MoM

ISLAMABAD: The Cons-umer Price Index-based inflation of October 2020 increased by 1.70 percent over September 2020,...

Published 03 Nov, 2020 02:50am

Industry

Ryanair sinks into first-half loss on coronavirus

LONDON: Irish no-frills airline Ryanair said Monday that it sank into the red in the first half of its financial ...

Published 03 Nov, 2020 02:50am

Shooting ongoing in Vienna, 'apparent' terror attack: minister

"It appears to be a terror attack" with several people injured and several attackers involved, Nehammer told public broadcaster ORF.

Updated 03 Nov, 2020 03:00am

Africa

Algerian constitutional reform approved on record low turnout

ALGIERS: Algerians approved a revised version of the North African country's constitution with two thirds of votes...

Published 03 Nov, 2020 02:50am

Exchange

Portents of trouble ahead

The war of words and hostile rhetoric between the government and the opposition Pakistan Democratic Movement (PDM)...

Published 03 Nov, 2020 02:50am

Exchange

IMF projections

The latest IMF projection of key macroeconomic variables of the economy of Pakistan are contained in the October ...

Published 03 Nov, 2020 02:50am

Pakistan

The Weather

KARACHI: The weather report on Monday (November 2, 2020) and the forecast for Tuesday (November 3, 2020)....

Published 03 Nov, 2020 02:50am

Supplements

Celebrating 54th Raising Day Frontier Works Organization

Prologue Frontier Works Organization (FWO) came into being on 31 October 1966 to carve out land link across the...

Published 03 Nov, 2020 02:50am

Supplements

Celebrating 54th Raising Day Frontier Works Organization: Faizan Steel is ranked amongst Pakistan's leading steel rolling mills

With a legacy of over 30 years, Faizan Steel is guided by passion and trust to produce quality steel products and...

Published 03 Nov, 2020 02:50am

Pakistan

Petitions on pensions: SHC orders issuance of show-cause notices to KDA officials

KARACHI: Sindh High Court (SHC) has ordered to issuance of show-cause notices to sitting and former high officials ...

Published 03 Nov, 2020 02:50am

Technology

PTCL to offer discount packages for ICAP members

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has agreed to offer the Institute of Chartered ...

Published 03 Nov, 2020 02:50am

Pakistan

Foundation laying ceremony of Government Girls' College Tandojam held

HYDERABAD: MPA Sharjeel Inam Memon said that PPP has full filled it's another promise which we made during election...

Published 03 Nov, 2020 02:50am

Exchange

Pakistan, Saudi Arabia agree to promote digital cooperation

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi telephoned Saudi Minister for Communications and Information...

Published 03 Nov, 2020 02:50am

Pakistan

Money laundering, illegal assets: AC may indict Shehbaz, Hamza on next hearing

LAHORE: An accountability court on Monday adjourned to November 11 the proceedings in a money laundering and illegal...

Published 03 Nov, 2020 02:50am

Pakistan

Buzdar slams opposition leaders over anti-Pakistan statements

LAHORE: Slamming the opposition parties for ignoring the interests of Pakistan for their personal gains, Punjab ...

Published 03 Nov, 2020 02:50am

Pakistan

18 driving license centres digitalized with online service

LAHORE: With a view to control the spread of corona virus and keep social distance, digitalization has been ...

Published 03 Nov, 2020 02:50am

Pakistan

Rising Covid-19 cases: Punjab imposes micro-smart lockdown at several hotspots

LAHORE: With a view to curb rising coronavirus cases, the Punjab government has imposed micro-smart lockdown for 14...

Published 03 Nov, 2020 02:50am

World

Europe's Covid-19 curbs prompt pushback amid bleak countdown to Christmas

• Britain 'divided between the terrified and the furious' • French shopowners told not to challenge lockdown...

Published 03 Nov, 2020 02:50am

World

France to ban Turkish ultra-nationalist Grey Wolves

PARIS: France plans to ban a Turkish ultra-nationalist group known as the Grey Wolves, the interior minister said...

Published 03 Nov, 2020 02:50am

World

Threat to journalists changing, says UN, after 57 deaths last year

PARIS: Journalists were more likely to be killed in the last two years for exposing corruption or rights violations...

Published 03 Nov, 2020 02:50am

World

Two children rescued days after deadly Turkey quake

BAYRAKLI, (Turkey): Rescuers pulled two children from the rubble in a town in Turkey on Monday, delivering hope...

Published 03 Nov, 2020 02:50am

Pakistan

US election: Biden would be better for Pakistan: diplomats

ISLAMABAD: The victory of Joe Biden may prove to be slightly better for Pakistan as he is likely to reconsider US...

Published 03 Nov, 2020 02:50am

Exchange

Toshakhana case: Prosecution witness denies any document bearing Zardari's signature

ISLAMABAD: A prosecution witness, while testifying before the Accountability Court in Toshakhana case involving...

Published 03 Nov, 2020 02:50am

Technology

Government decides to establish Telecom Appellate Tribunal

ISLAMABAD: The federal government has decided to establish Telecom Appellate Tribunal Pakistan Telecommunications...

Published 03 Nov, 2020 02:50am

Editorials

Decline in MS, HSD prices

EDITORIAL: The government's decision to reduce the prices of Motor Spirit (MS) and High Speed Diesel (HSD) must be...

Published 03 Nov, 2020 02:50am

Exchange

Sustainable investing advocates hope for friendlier US rules if Biden wins

Progressive groups and investors hope Democratic presidential nominee Joe Biden can win on Tuesday and quickly end...

Published 03 Nov, 2020 02:50am

Currency

State Bank of Pakistan conversion rates

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

Published 03 Nov, 2020 02:50am

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 Nov, 2020 02:50am

Forex

Exchange rates: buying and selling

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

Published 03 Nov, 2020 02:50am

Forex

Currency notes: exchange rates

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

Published 03 Nov, 2020 02:50am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (November 2, ...

Published 03 Nov, 2020 02:50am

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 Nov, 2020 02:50am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (November 2, 2020). ========================== KIBOR...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (November 2, 2020). ======================== Offer Price 1,385.8314...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (November 2, 2020). ======================== Offer Price...

Published 03 Nov, 2020 02:50am

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 Nov, 2020 02:50am

Exchange

Clearing Schedule for T+2 System

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

Published 03 Nov, 2020 02:50am

Exchange

Proposed right issues

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

Published 03 Nov, 2020 02:50am

Stocks

Last date of renunciation/payment

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

Published 03 Nov, 2020 02:50am

Exchange

Dividend/Bonus Announcements

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

Published 03 Nov, 2020 02:50am

Exchange

BOARD MEETINGS

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

Published 03 Nov, 2020 02:50am

Stocks

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

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

Published 03 Nov, 2020 02:50am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (November 2, 2020). ==================================== BR...

Published 03 Nov, 2020 02:50am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

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

Published 03 Nov, 2020 02:50am

Mutual Funds

Mutual Funds Association of Pakistan

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

Published 03 Nov, 2020 02:50am

Rates

Member to Member

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

Published 03 Nov, 2020 02:50am

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 Nov, 2020 02:50am

Rates

Revised Rates of Debt Securities

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

Published 03 Nov, 2020 02:50am

Currency

THE RUPEE: Gains continue to grow

KARACHI: On Monday, on market close, PKR continued to gain value. It went up against USD in both interbank and open...

Published 03 Nov, 2020 02:50am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Monday (November 2, 2020)....

Published 03 Nov, 2020 02:50am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (November 2, 2020). ======================================= Offset...

Published 03 Nov, 2020 02:50am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 2, 2020)...

Published 03 Nov, 2020 02:50am

Exchange

LME official prices

LONDON: The following were Friday official prices....

Published 03 Nov, 2020 02:50am

Exchange

PSX holds gong ceremony for Agha Steel listing

KARACHI: Pakistan Stock Exchange (PSX) Monday held a gong ceremony upon listing of Agha Steel Industries Limited...

Published 03 Nov, 2020 02:50am

Grains

Wheat support price: Minister terms Sindh government's decision unwise

LAHORE: Senior Food Minister Punjab Abdul Aleem Khan has said that the decision of Sindh government to fix wheat...

Published 03 Nov, 2020 02:50am

Yarn Prices

No yarn shortage in country: APTMA

LAHORE: APTMA reiterates that there is no shortage of yarn in the country. In fact, the import of cotton yarn in the...

Published 03 Nov, 2020 02:50am

Opinion

PARTLY FACETIOUS: The criticality of a moustache

The criticality of a moustache "So Adolf Hitler or Charlie Chaplin!?" "Excuse me? Those two men were poles apart ...

Published 03 Nov, 2020 02:50am

Pakistan

Maryam refutes claims of rift in Sharif family

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz has refuted the claims of division within...

Published 03 Nov, 2020 02:50am

Pakistan

Covid-19 claims 2 more lives in Sindh

KARACHI: As many as two more patients of Covid-19 died lifting the death toll to 2,633 and 443 new cases emerged ...

Published 03 Nov, 2020 02:50am

Pakistan

SC has a set procedure for judges' promotions: Taj Haider

ISLAMABAD: Opposition is not and cannot promote a Judge of the Supreme Court of Pakistan as there is a set procedure...

Published 03 Nov, 2020 02:50am

Pakistan

Alvi urges UN to implement UNSC resolutions on Kashmir

ISLAMABAD: President Dr Arif Alvi has urged the United Nations to take steps to implement Security Council...

Published 03 Nov, 2020 02:50am

Pakistan

Education system: Elimination of class-based division top priority: PM

ISLAMABAD: Prime Minister Imran Khan on Monday said that elimination of the prevailing class-based division in the...

Published 03 Nov, 2020 02:50am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 269,371 tonnes of cargo comprising 194,544 tonnes of import cargo and 74,827 ...

Published 03 Nov, 2020 02:50am

Grains

European wheat higher, recent fall may be overdone

PARIS: European wheat edged higher in late trade on Friday as a sharp fall over the previous days was seen as...

Published 03 Nov, 2020 02:50am

Stocks

Safe-haven units up in Europe

LONDON: Tension grew on Monday before Tuesday's presidential election in the United States, with safe-haven...

Published 03 Nov, 2020 02:50am

Stocks

Early trade in New York: Dollar rises against basket of peers

NEW YORK: The US dollar hit one-month highs against a basket of peers on Monday and expected volatility in major...

Published 03 Nov, 2020 02:50am

Stocks

FTSE rises, lockdown anxiety hits mid-caps

LONDON: London's FTSE 100 index ended higher on Monday as Ocado led gains after raising its full year earnings...

Published 03 Nov, 2020 02:50am

Stocks

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares closed higher on a cautious note, as traders braced for restlessness during the...

Published 03 Nov, 2020 02:50am

Stocks

Monday's early trade: US indexes rebound as focus shifts to White House race

NEW YORK: Wall Street's major indexes bounced back on Monday after their steepest weekly loss since March, as...

Published 03 Nov, 2020 02:50am

Stocks

China blue-chips end higher

SHANGHAI: China blue-chip shares finished higher on Monday after a private survey showed the fastest acceleration in...

Published 03 Nov, 2020 02:50am

Stocks

Factory data lifts European stocks

MILAN/FRANKFURT: European stocks started November trading on a strong footing as a rebound in factory activity ...

Published 03 Nov, 2020 02:50am

Stocks

Nikkei rebounds from 2-month low

TOKYO: Japan's Nikkei share average jumped on Monday, weathering the impact from downbeat US stocks late last week,...

Published 03 Nov, 2020 02:50am

Stocks

Most major Gulf markets move higher

DUBAI: Most major Gulf markets ended higher on Monday, a day after a retreat in the region, with the Saudi index...

Published 03 Nov, 2020 02:50am

Pakistan

Shallwani directs revenue officers to achieve targets

KARACHI: Administrator Karachi Iftikhar Ali Shallwani on Monday directed revenue officers to achieve their targets ...

Published 03 Nov, 2020 02:50am

Pakistan

Cabinet body finds Census 2017 controversial

ISLAMABAD: The Cabinet Committee on Census headed by the Federal Minister for Ports and Shipping, Ali Zaidi, has...

Published 03 Nov, 2020 02:50am

Pakistan

Roosevelt Hotel case: IHC issues notice to government

ISLAMABAD: The Islamabad High Court (IHC) Monday issued notice to the federal government, in a petition seeking...

Published 03 Nov, 2020 02:50am

Pakistan

Pink Residency case: AC records statement of another witness

ISLAMABAD: The accountability court hearing multi-billion rupees fake bank accounts case on Monday recorded the...

Published 03 Nov, 2020 02:50am

Letters

Under-utilization of KU's agri land

University of Karachi (KU) is spread over multi acres land, having 4 exit and entry main gates from four different...

Published 03 Nov, 2020 02:50am

Exchange

Stocks fall like nine pins on PSX: BRIndex100 plummets

KARACHI: Pakistan Stock Exchange on Monday nosedived due to panic selling in almost all sectors on investors ...

Published 03 Nov, 2020 02:50am

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 Nov, 2020 02:50am

Forex

Open market rates of foreign currencies

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

Published 03 Nov, 2020 02:50am

Forex

Kerb buying and selling rate of US dollar

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

Published 03 Nov, 2020 02:50am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (November 2, 2020). ======================== Bid Rate ...

Published 03 Nov, 2020 02:50am

Energy

Vitol places best offers for 4 of 6 LNG cargoes

ISLAMABAD: Global trader Vitol on Monday placed the best offers for four of six cargoes of liquefied natural gas...

Published 03 Nov, 2020 02:50am

Business & Finance

Many companies interested for investment in Balochistan: BBoIT chief

QUETTA: Chief Executive Officer of Balochistan Board of Investment and Trade (BBoIT), Farman Zarkoon, narrated in a...

Published 03 Nov, 2020 02:50am

Commodities

Gold prices surge

KARACHI: Gold on Monday surged by Rs1100 per tola on the local market, traders said. The precious metal on the first...

Published 03 Nov, 2020 02:50am

Taxes

PRA collects Rs 9.4 billion sales tax on services in October

LAHORE: The Chairman Punjab Revenue Authority (PRA) said on Monday that the Authority had collected a record Rs9.4...

Published 03 Nov, 2020 02:50am

Energy

Power Division: Circular debt up by Rs116bn, PAC told

ISLAMABAD: The circular debt in the power sector has further increased by Rs116 billion in the last three months of...

Published 03 Nov, 2020 02:50am

Cotton & Textile

Cotton spot rate falls further by Rs100 to Rs9900

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Monday has decreased the spot rate by Rs 100...

Published 03 Nov, 2020 02:50am

Cotton & Textile

Cotton Spot Rates

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

Published 03 Nov, 2020 02:50am

Commodities

Iron ore futures rise on China's demand

MANILA: Iron ore futures rose on Friday as a decline in steel inventories in China rekindled optimism over demand ...

Published 03 Nov, 2020 02:50am

Energy

US natural gas futures hit 21-month high

NEW YORK: US natural gas futures rose to a 21-month high on Friday as liquefied natural gas (LNG) exports jumped to...

Published 03 Nov, 2020 02:50am

Energy

Asia's gasoline at 3-week high

SINGAPORE: Asia's gasoline crack ended the month at a three-week high of over $3 a barrel on Friday, as inventories...

Published 03 Nov, 2020 02:50am

Commodities

CBOT soyabean futures rise on export demand

CHICAGO: Chicago Board of Trade soyabean futures rebounded on Friday after three sessions of declines, lifted by...

Published 03 Nov, 2020 02:50am

Commodities

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.058 ...

Published 03 Nov, 2020 02:50am

Commodities

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Friday for a second straight day, lifted by strength in soyaoil ...

Published 03 Nov, 2020 02:50am

Commodities

South Korea buys 196,000 tonnes of corn

HAMBURG: South Korea's Major Feedmill Group (MFG) purchased around 196,000 tonnes of corn to be sourced from the...

Published 03 Nov, 2020 02:50am

Commodities

US MIDDAY: Gold rises

NEW YORK: Gold prices gained on Monday on uncertainty surrounding the outcome of Tuesday's US presidential election,...

Published 03 Nov, 2020 02:50am

Commodities

US MIDDAY: Corn declines

CHICAGO: US corn futures fell on Monday as funds scaled back long positions and forecasts called for optimal weather...

Published 03 Nov, 2020 02:50am

Energy

Oil rises 2pc as US presidential election looms

NEW YORK: Oil prices gained nearly 2% on Monday, shaking off earlier losses, as the United States heads into a...

Published 03 Nov, 2020 02:50am

Commodities

Copper rises on strong Chinese and US manufacturing data

LONDON: Copper prices rose on Monday as sentiment was boosted by robust manufacturing data from China and the United...

Published 03 Nov, 2020 02:50am

Cotton & Textile

Cotton falls to 3-week low

NEW YORK: ICE cotton futures fell to a three-week low on Monday on worries surrounding the US election and global...

Published 03 Nov, 2020 02:50am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 03 Nov, 2020 02:50am

Taxes

Gold, platinum and silver categories: Importers, exporters to enjoy 24/7 frontline treatment: FBR

ISLAMABAD: Importers and exporters can be placed in gold, platinum and silver categories from the Federal Board of...

Published 03 Nov, 2020 02:50am

Editorials

Peculiarities of US electoral system

EDITORIAL: November 3, 2020 promises one of the most fractious presidential elections in the history of the US, the...

Published 03 Nov, 2020 02:50am

Currency

Parco BoD: Govt decides to replace Malik with Awan

ISLAMABAD: The federal government has reportedly decided to replace one of the members of PARCO Board of Directors,...

Published 03 Nov, 2020 02:50am

Germany desires prosperous but 'democratic' Pakistan: envoy

KARACHI: German Ambassador to Pakistan Bernhard Schlagheck on Monday said that Germany desires a prosperous but...

Published 03 Nov, 2020 02:50am

Information and Broadcasting: Firdous replaces Fayyaz as SA to Buzdar

LAHORE: In a surprise move, former Special Assistant to PM Dr Firdous Ashiq Awan has been appointed as Special...

Published 03 Nov, 2020 02:50am

IS attack on Kabul University kills 22

KABUL: At least 22 people were killed when attackers stormed one of Afghanistan's main universities on Monday,...

Published 03 Nov, 2020 02:50am

Export of live animals: Special permission given to Bahraini general, Arab princes

ISLAMABAD: The Imran Khan government has extended special permission for export of live animals for Bahraini General...

Published 03 Nov, 2020 02:50am

Money & Banking

Bank Alfalah, Mastercard launch virtual debit card

KARACHI: Bank Alfalah has announced the launch of the Alfa Virtual Debit Card in collaboration with Mastercard in an...

Published 03 Nov, 2020 02:50am

Money & Banking

Mera Pakistan Mera Ghar: UBL presents approval letters to its first customers

KARACHI: United Bank Limited (UBL) presented 'Approval Letters' to its first qualifying female and male customers...

Published 03 Nov, 2020 02:50am

Industry

BMP announces candidates for FPCCI elections

KARACHI: Businessmen Panel (BMP) on Monday formally announced its candidates for the upcoming annual elections-2021...

Published 03 Nov, 2020 02:50am

Money & Banking

Citigroup names Anand Selva global head of consumer banking

NEW YORK: Citigroup Inc said on Monday, Anand Selva will become head of its global consumer bank in January, filling...

Published 03 Nov, 2020 02:50am

Money & Banking

Germany top for Brexit bank relocations: Bundesbank

FRANKFURT AM MAIN: Germany is the most popular EU destination for banks leaving London following Brexit, with...

Published 03 Nov, 2020 02:50am

Industry

Liberian govt worker self-immolates over unpaid salary

MONROVIA: A Liberian government worker immolated himself in the capital Monrovia on Monday, two witnesses and local...

Published 03 Nov, 2020 02:50am

Currency	Rate
USD PKR Interbank Selling / Jun 29	278.37
USD PKR Interbank Buying / Jun 29	278.17
USD to Japanese Yen / Jun 29	161.96
USD to Swiss Franc / Jun 29	0.81
Pound Sterling to USD / Jun 29	1.32
Euro to USD / Jun 29	1.14
SOFR % / Jun 29	3.64

Stock	Volume
S&P 500 / Jun 29	7,440.43
India Sensex / Jun 29	76,728.37
Tokyo Nikkei / Jun 29	69,468.11
Nasdaq / Jun 29	25,820.14
Hang Seng / Jun 29	23,026.68
FTSE 100 / Jun 29	10,484.22
Dow Jones / Jun 29	52,182.74
Germany DAX 30 / Jun 29	24,626.89
France CAC40 / Jun 29	8,367.33

Item	Value
Crude Oil USD/Barrel / Jun 29	70.36
Karachi Cotton PKR/37.32 KG / Jun 29	17,780
Gold 10 Grams PKR / Jun 29	367,743
Gold Spot USD/Ounce / Jun 29	4,001.27
Cotton US¢/pound / Jun 29	76.45
Petrol/Litre / Jun 30	299.50
Diesel/Litre / Jun 30	311.47

Stock	Price
Blue-Ex Ltd / Jun 29 Blue-Ex Limited(BLUEX)	7.16 ▲ 1 (16.23%)
Ghani Chemworld Limited (R) / Jun 29 Ghani Chemworld Limited Right(GCWLR)	9.01 ▲ 1 (12.48%)
Pak Agro Pack. (GEM) / Jun 29 Pak Agro Packaging Limited (GEM)(GEMPAPL)	11.28 ▲ 1.03 (10.05%)
LSE Financial Serv. / Jun 29 LSE Financial Services Limited(LSEFSL)	23.38 ▲ 2.13 (10.02%)
Masood Tex.(Pref) / Jun 29 Masood Textile Mills Limited (Preference)(MSOTPS)	15.04 ▲ 1.37 (10.02%)
Bawany Air Products / Jun 29 Bawany Air Products Limited(BAPL)	30.67 ▲ 2.79 (10.01%)
First Tri-Star Mod. / Jun 29 First Tri-Star Modaraba(FTSM)	39 ▲ 3.55 (10.01%)
Ali Asghar / Jun 29 Ali Asghar Textile Mills Limited(AATM)	63.37 ▲ 5.76 (10%)
Ansari Sug. / Jun 29 Ansari Sugar Mills Limited(ANSM)	30.36 ▲ 2.76 (10%)
Al-Shaheer Corp / Jun 29 Al Shaheer Corporation Limited(ASC)	13.42 ▲ 1.22 (10%)

Stock	Price
UBLPakistanETF / Jun 29 UBLPakistan Enterprise ETF(UBLPETF)	31.71 ▼ -10.18 (-24.3%)
NBP PGETF / Jun 29 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	29.88 ▼ -5.58 (-15.74%)
First Fid. Leasing / Jun 29 First Fidelity Leasing Modaraba(FFLM)	20.05 ▼ -2.23 (-10.01%)
Buxly Paints / Jun 29 Buxly Paints Limited(BUXL)	226.55 ▼ -25.17 (-10%)
Zuma Resources / Jun 29 Zuma Resources Limited(ZUMA)	94.24 ▼ -10.47 (-10%)
TPL Trakker Ltd / Jun 29 TPL Trakker Limited(TPLT)	22.80 ▼ -2.53 (-9.99%)
Meezan PakistanXD / Jun 29 Meezan Pakistan ETF(MZNPETF)	19.88 ▼ -2.17 (-9.84%)
Data Agro / Jun 29 Data Agro Limited(DAAG)	87.15 ▼ -9.28 (-9.62%)
Leather Up Ltd. / Jun 29 Leather Up Limited(LEUL)	41.50 ▼ -4.41 (-9.61%)
Pak. P.V.C. / Jun 29 Pakistan PVC Limited(PPVC)	31.50 ▼ -3.19 (-9.2%)

Stock	Volume
Sitara Petroleum Service / Jun 29 Sitara Petroleum Service Limited(SPSL)	104,136,884 ▼ -1.03
WorldCall Telecom / Jun 29 Worldcall Telecom Limited(WTL)	73,717,757 ▼ -0.01
K-Electric Ltd. / Jun 29 K-Electric Limited(KEL)	50,957,377 ▼ -0.19
Pak Elektron / Jun 29 Pak Elektron Limited(PAEL)	29,046,218 ▲ 0.46
Ghani Chem. Ind. / Jun 29 Ghani Chemical Industries Limited(GCIL)	24,795,851 ▲ 1.61
B.O.Punjab / Jun 29 The Bank of Punjab(BOP)	23,149,737 ▼ -0.38
Service Long March / Jun 29 Service Long March Tyres Limited(SLM)	21,427,598 ▲ 0.15
Maple Leaf Cement / Jun 29 Maple Leaf Cement Factory Limited(MLCF)	20,772,975 ▼ -0.56
Oilboy Energy / Jun 29 Oilboy Energy Limited(OBOY)	19,775,407 ▲ 0.41
Pak Int.Bulk / Jun 29 Pakistan International Bulk Terminal(PIBTL)	18,655,206 ▼ -0.36